The Tyrant Billionaire

Chapter 494 The First Prototype Of Pyramid Scheme



He also had a few unresolved matters to deal with himself.

Hardy called Henry over.

"Henry, open that up, would you?" Hardy gestured to a large leather suitcase on the coffee table.

Henry was puzzled.

He opened the suitcase to find a stack of bills. He casually picked up a bundle to examine it. "Bank drafts and deposit certificates... Boss, what's this all for?"

"These were obtained from China. They're deposit slips and drafts from banks around the world, totaling over $40 million. I'm giving you a task: set up a team to handle converting this money."

"You can also use the resources of the Italian Mafia consortium. They are spread out across the world and well integrated locally. Offer them a ten percent share. As for your intelligence company, it can also receive ten percent of the proceeds."

Henry was thrilled to hear this from his boss.

Ten percent meant $4 million! Although it wasn't personal money, it was for the company. With more funds, the intelligence company could continue expanding, hire more people, and have money to distribute bonuses and recruit informants.

"I understand, boss. I'll handle it perfectly," Henry said enthusiastically.

"I have another task for you. How's the financial fraud operation coming along?" Hardy asked.

"Boss, we've identified several suitable targets, and some are already at work," Henry said, then began to explain in detail.

Klos, aged 38, tall and handsome, had previously worked in a bank, so he was familiar with financial operations.

However, he wasn't satisfied with the modest salary from the bank, so he started his own investment company, pooling public funds into a stock market fund, hoping to make a fortune.

But he had no connections and no reputation. People didn't trust him, so initial investments were minimal. Klos couldn't make any money, and eventually, he couldn't even afford to pay rent, utilities, or employee salaries.

In desperation, Klos sold his house and advertised himself as an investment genius in the newspapers, claiming that he had achieved a 58% return on investments over the past year and promising high returns to those who joined him.

He promised an annual return of no less than 25%, which attracted many people. As more investors flocked to his company, the total funds under his control eventually reached over $2 million. Every time the company published a financial report, it showed that he had invested in the hottest stocks on the market.

In reality, there was no way he could always pick the best performing stocks. It was all a lie. He would simply see which stocks were doing well and claim that he had invested in them, all to attract more funds.

As for the money, he wasn't actually investing it. He used part of it to pay monthly interest, but the rest went straight into his pocket.

He also encouraged investors to bring in more funds by recruiting friends and family, offering commissions for referrals. This led to an ever growing pool of investors.

In fact, Klos had created a classic Ponzi scheme, packaging himself as a genius and offering high returns to attract investments. He was essentially robbing Peter to pay Paul, filling one hole with another, all while convincing investors to bring in their relatives and friends. The pyramid scheme grew larger and larger.

As of now, Klos hadn't collapsed yet. He was still hanging on, but Henry's people had set their sights on him.

If you looked into it closely, Klos's fraudulent practices were obvious.

One of the intelligence officers had a relative who had been pitched Klos's investment fund, but he had turned it down, suspecting it was a scam.

Henry had ordered the formation of a team to deal with such fraudsters.

That intelligence officer immediately thought of Klos. Previously, it had nothing to do with him, but now it had become the perfect target for their operation.

Late one night.

Klos was successfully apprehended on his way home. Though Klos had some financial acumen, he wasn't exactly tough. He confessed everything without needing much persuasion.

Henry's team was cunning. They posed as government officials, claiming to be from the National Financial Fraud Investigation Committee, or 'FFN,' specifically targeting people like Klos. Based on Klos's situation, they estimated that he would be facing at least 50 years in prison.

The so-called FFN organization was completely made up by Henry and his team, but Klos had no idea.

Klos was terrified.

"We can give you a chance to redeem yourself. Would you be willing to work for us? If you agree, you can avoid going to prison," the team leader said.

Klos had no desire to spend 50 years in prison and immediately nodded in agreement.

The intelligence team's demand was simple: go to Japan, scam as much money as possible, and ensure the scale of the operation is large with no slip-ups. As for the money, someone would help handle it—he would just be the frontman.

Klos agreed without hesitation.

"But what about here in the U.S.? If I leave, it won't be long before the whole scheme blows up," Klos said.

"Simple. Just keep it going. Tell your investors you've found a more profitable venture, but it requires a longer investment period. Where you once paid interest monthly, now make it yearly, with returns over 30%. I'm sure they'll agree."

"You'll have people supporting you in the operation. Remember, this mission is classified at the highest level. You are not to disclose it to anyone—not even your family or friends."

Klos still had over a hundred thousand dollars in his hands. Originally, he had planned to keep it for himself, but now he was instructed to invest it all into the stock market.

Why invest it in the stock market?

Because there was a bigger play in the works.

As for extending the interest payment period and increasing the return rate, everything went smoothly—every investor agreed.

That's because Klos had an excellent reputation. Explore stories on empire

Yes, a good reputation.

He had never missed a single monthly interest payment, and the returns were consistently high, so people trusted and supported him.


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