Chapter 266

Chairman Ham Soon-pyo of Cheil Group.

His real name is Seok-Hoon Ham, who received a call from Nam-Woo Choi.

[…] … Since there is an investment intention, I think it would be good to meet once.]

“Are you sure about 5 billion?”

[Yes. I checked it myself. They say that they will invest only 5 billion won out of 10 billion won, but I think more is possible if we talk well.

I thought it was a bit strange that a young man in his 20s would invest a huge amount of 5 billion won, but he was able to understand the story that he made money with coins.

Ham Seok-hoon laughed inwardly.

‘All those who made money with coins are the same.’

In fact, among those who invest hundreds of millions of dollars, there were many coin geeks (?) who made money with cryptocurrency.

It’s like gambling or investing. If you are lucky enough to earn money, you have to get up and rob it, but you can’t give up your regrets and snoop around the board.

Then you end up throwing it all away and regretting it.

Ham Seok-hoon finished his thoughts and said.

“Good. See you once.”

* * *

Ham Seok-hoon boarded the S-Class Maybach and headed to the hotel in Cheongdam-dong.

He didn’t have money until last year, so he had to walk around in a jjimjilbang and inn. However, he now lives in a penthouse overlooking the Han River in a luxury foreign car.

All because this project was successful. No matter how much money he spent, instead of decreasing, his balance kept growing.

‘It’s all thanks to my good eye for people.’

The key to this job is to raise money for investment. While he was looking for the right person, he met Nam-woo Choi by chance. In conclusion, it was great luck.

He entrusted the JG blockchain to Nam-woo Choi. Whether he had the talent for this job, he quickly learned how to give lectures and showmanship.

The most important thing is that he is a relative of Jin-hoo Kang. Investors lined up just to name Kang Jin-hoo.

So this guy must have been caught.

‘By the way, the lottery and coin exploded one after another. Are you very lucky?’

It’s a bit dubious that such luck happened twice, but… … .

But when I met him, his doubts melted away. In front of him stood a young man in a baseball cap and glasses. A slightly chubby physique wore jeans and a hoodie.

Ham Seok-hoon had good eyesight like a con artist. There was nothing special about the young man in front of him in his eyes. If this guy made a lot of money, it’s probably just because he was lucky.

‘Now it seems that luck is over,’

He held out his hand with a friendly smile, hiding his heart.

“nice to meet you. I am Sun-pyo Ham, Chairman of Cheil Group.”

Taehyung held his hand.

“Yes. Good morning. nice to meet you. This is Taek-gyu Oh. I heard a lot.”

Ham Seok-hoon, Choi Nam-woo, and Taek-gyu sat in the hotel coffee shop and talked. Taek-gyu asked this as if he was curious, and Ham Seok-hoon answered without hesitation.

How did you come to plan this project, and what happened during the implementation process? The names of various politicians and celebrities were listed, and when he spoke with a Venezuelan government official about the purchase of a state-owned oil field, he showed a photo taken at the signing of the MOU and an article from a local newspaper.

Ham Seok-hoon thought that fraud was not a simple crime, but a comprehensive art.

The point of fraud is not to show you what you want to show, but to show the other person what you want to believe.

So, Cheil Group really established a corporation in Venezuela and signed contracts with mining companies. He also bribed Venezuelan government officials, obtained plausible documents, and signed an MOU.

To the extent that even the people I work with believe it to be true.



“If you do business around the world, you will naturally learn several languages. Deticale mas tiempo a lo que te hace realmente feliz!”

“What do you mean?”

“Focus on what makes you really happy! This is my favorite Spanish proverb.”

Taek-gyu genuinely admired it.

‘Hey! Not all scammers are doing it.’

At this point, maybe you believe it’s real?

“What makes the president happy?”

“I feel happy when I share happiness with others. That is why I am doing this.”

“Oh I see.”

Taek-gyu nodded hard and thought.

‘This year is a year of abundance.’

Choi Nam-woo said.

“As you may know when you say you invested in BANTCOIN, after the initial issuance of cryptocurrencies, the issuance volume decreases sharply. The pre-sale is almost over, so we plan to raise the coin selling price soon.”

Taek-gyu showed an impatient expression.

“Then we should invest quickly before it is too late. We sign the contract right after the lecture.”

After a while, a lecture for VIP members will be held in the hotel hall.

Choi Nam-woo got up from his seat.

“Then, shall we go alone first?”

“Ah! Could one more person attend? I have a close hyung who made a lot of money with coins, and after meeting and hearing the words of the chairman like this, I was convinced that I would like to introduce him to you.”

Hogu comes with money, so there is no reason to stop.

Ham Seok-hoon smiled.

“Huh, of course. Nice to meet you today.”

Taehyung nodded his head.

“Yes. I’ll ask you to come here later.”

* * *

A lecture of JG Blockchain was held at the Avalon Hotel Hall in Cheongdam.

This lecture was for so-called VIP members, who gathered only those who purchased more than 50 million won of Jeil Gold Coin. This is to induce additional investment or to attract acquaintances.

A hotel buffet was prepared at the back of the hall, and people freely spread their food on plates and conversed. The topic was, of course, about Jeil Gold Coin.

Everyone was excited about the prospect of making a lot of money.

Although Min Ha-young lacks the purchase amount, she was able to sit with Taek-gyu as an upline person.

‘Are you really trying to invest 5 billion won?’

She said to Taek-gyu as if anxious.

“Would you like to go out and get some air?”

“no. I feel comfortable here.”

“Aren’t you a little frustrated?”

“no. I’m fine.”

“Let’s talk for a moment… … .”

“Ah! This meat is delicious. I need to bring some more.”

Although he noticed several times, Taek-gyu was busy eating the buffet.

When the meal was finished, Choi Nam-woo stood on the podium and the people applauded.

“nice to meet you. This is Namwoo Choi, the CEO of JG Blockchain.

He lectured with enthusiasm, as usual. On the screen, the listing plan for Jeil Gold Coin and the video of mining oil fields in Venezuela appeared one after the other.

“As you can see, just drill a hole and the oil will pour out. This crude oil, which will be sold worldwide, can only be purchased with Jeil Gold Coin! There’s a lot of buzz in the media about rising oil prices these days, but you don’t have to worry at all. This is because you can buy this crude oil at any time with the Jeil Gold Coin you have. When the oil price rises, the value of Jeil Gold Coin also rises, so shouldn’t we be happy with the oil price?”

Members burst into laughter, and Taek-gyu enthusiastically applauded and cheered.

Ham Seok-hoon looked at him and asked.

“When are you coming?”

Taek-gyu said as he picked up the bread and ate it.

“Now is the time to come. Ah! I’m here.”

A young man in a suit entered the hall.

‘awhile. That person… … ?’

He jumped onto the podium before the host could even stop him. Then he lowered his head and said.

“Hello. I am Ban Joo-won, the representative of Bansome, a cryptocurrency exchange. I came here because there was a briefing session about the popular Jeil Gold Coin.”

Ban Joo-won is a successful businessman and has appeared in many articles, and has interviewed the media several times during the cryptocurrency craze.

Those who recognized his face muttered in unison.

“You really are the boss of Bansome!”

“uh! It really is.”

“Are you here for the listing of Jeil Gold Coin?”

“Wow!”

clap clap!

The audience, who thought it was a surprise event, cheered and applauded all at once, and the hosts who were trying to bring them down stopped.

Ban Joo-won said to Choi Nam-woo.

“Wait, can I borrow your microphone?”

Choi Nam-woo was embarrassed, but suddenly handed the microphone. Then the accompaniment took the microphone and spoke to the people in the hall.

“It is very nice to meet the members of JG Blockchain today. I heard that all of you gathered here have invested huge amounts of money in Jeil Gold Coin. I am also very interested in Jeil Gold Coin. There is only one catch… … .”

Everyone held their breath, concentrating on his words.

‘Damn it. What the hell is this?’

Ham Seok-hoon quickly got up from his seat and was about to leave the hall, but Taek-gyu, who was beside him, grabbed his hand.

“Where are you going, Chairman? You have to listen to the end.”

“What… … ?”

‘By the way, did this guy call Bansome’s CEO here? What is it?’

The banquet went on to say.

“That is, JG Blockchain has nothing to do with CEO Kang Jin-hoo or with Bansome. Of course, I know that JG Blockchain CEO Nam-woo Choi has been giving lectures as if Jeil Gold Coin will be listed on Bansome at any moment, emphasizing that he is a relative of CEO Kang Jin-hoo. However, to be clear at this point, JG Blockchain has nothing to do with CEO Kang Jin-hoo, nor with Bansomem. Also, when blockchain experts checked the Jeil Gold Coin, the source code was found to be a so-called scamcoin that copied Loida. As a cryptocurrency, it will never be listed on Bansome as it is garbage that has no value of even 1 won.”

For a moment, the hall was as quiet as a dead mouse.

No one was able to open their mouths in shock. People gathered here invested from 50 million won to hundreds of millions of won to buy Jeil Gold Coin.

But is that coin worthless garbage?

If anyone else had said it, I would never have believed it. However, the person who made this statement is none other than the representative of Bansome, the largest cryptocurrency exchange in Korea.

Simultaneous screams and shouts erupted from the people’s mouths.

“what? Is it a scam?”

“You said you would be listed on Bansome soon!”

“Is it all a lie?”

“Is this all a scam?”

Some of them collapsed, fainting, or collapsed to the floor.

Choi Nam-woo panicked and took Ban Joo-won’s microphone.

“Well, that’s not it. Well, there seems to be some misunderstanding.”

“What is a misunderstanding? Take my money, you swindler!”

Someone rushed in first, and the others rushed towards the podium at once.

“Where did my money go?”

“Gee, calm down!”

There was no way to calm down with those words.

“Give me my money now!”

“What kind of money is that!”

“Is it false to say that Kang Jin-hoo is a relative?”

“I, I… … .”

He tried to step back, but several people had already grabbed him. The large man grabbed Choi Nam-woo by the neck and shook it.

“Where’s my money you bastard? Speak quickly before I kill you!”

“Keck! Sah, live… … .”

Choi Nam-woo felt the fear that he might be killed on the spot.

Fortunately, at that moment, the door to the hall opened violently and the police rushed in. Behind them were reporters with cameras.

“Stop moving! Everyone get out of the way!”

The police rescued Choi Nam-woo, who was surrounded by members (?), and then handcuffed his hands. The prosecutor, wearing a black suit, walked over and opened the paper in front of Ham Seok-hoon.

“Chairman Sunpyo Ham of Cheil Group… … No, you are Ham Seok-hoon, right? It’s an arrest warrant. Please kindly cooperate.”

Chunkyung!

His hands were also handcuffed.

Choi Nam-woo shouted at Ham Seok-hoon.

“President! What is this? Isn’t this a scam? please say something President.”

Unlike Choi Nam-woo, who was embarrassed and did not know what to do, Ham Seok-hoon had a calm expression.

He clicked inwardly.(Read more @ wuxiax.com)

‘I didn’t come to this place.’

It wasn’t entirely unexpected to be caught in this way, so I thought of every hole to get out of.

‘Anyway, all the sins will be borne by Nam-woo Choi, who directly raised the investment.’

Most of the money Nam-woo Choi raised in Korea was transferred to Singapore. It may be possible to immediately stop withdrawals of money remaining in a domestic bank account, but an overseas account is not.

It will track the flow of funds and request the country to freeze the account, but by that time, it will be transferred to a borrowed-name account and a secret account.

If you have that money, you can get out of probation by using the full-service lawyers well, and even if you live for a few years unlucky, your retirement is guaranteed for the rest of your life.

Isn’t Korea very tolerant of financial crime?

Thinking so, Taek-gyu said to him.

“Aren’t you relieved that you blamed Choi Nam-woo and stole all your money abroad? As you will know if you go to the prosecution and hear about it, Venezuela’s state-owned oil fields are fraudulent, and all that investment money was stolen. It won’t be easy to get out of here. And by now, a warrant has been issued to Golden Gate, and all those accounts are frozen, so you won’t be able to save a single penny.”

At those words, Ham Seok-hoon’s face became contemplative. When they have money, they are financial criminals and thieves. Without money, they are just scammers and dog thieves.

“Hey, how… … ?”

“Then why did you use the Golden Gate account?”

‘My money earned through hard work!’

Even scammers have valuable money.

Ham Seok-hoon looked at Taek-gyu and shouted.

“What the fuck are you doing? What are you, ruining someone else’s business?”

Taek-gyu blinked his eyes as if he didn’t understand English.

“No, the president said earlier that you should focus on what makes you really happy. I was just dedicated to doing this because it makes me happy, what did I do wrong? It’s very embarrassing.”

“… … .”

Taek-gyu kept talking to Ham Seok-hoon, who couldn’t say anything because he was absurd.

“By the way, my favorite Korean proverb is insil-fucking.”

“What, what?”

“‘Life is practice. It means ‘fuck you’.”

Sparks flew out of Ham Seok-hoon’s eyes.

“You bastard!”

He tried to run to Taek-gyu, but he couldn’t move because his arms were being held by the police.

The police took Ham Seok-hoon and Choi Nam-woo in turn. Choi Nam-woo shouted as he was dragged.

“Leave this! My brother-in-law is Jinhu Kang. Do you not know OTK Company Kang Jin-hoo?”

Taehyung asked him.

“You’re the brother-in-law who said he made that money and then lost all his money?”

“What, what?”

The moment he heard those words, a memory from the past flashed in his mind.

“You, you must be in front of the house… … ?”

“I’ll give my regards to the CEO brother-in-law.”

The inside of the hall was a complete mess.

People standing blankly, screaming for money, people lying on the floor crying loudly, etc.

‘Is this really all a scam?’

Min Ha-young looked at her high school classmate with her confused eyes.

Taek-gyu then shrugged his shoulders.

“If I had invested without knowing it, it would have been a disaster.”

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