Cheng Xiaochuan looked at the three latest projects on the palm treasure and felt a little hesitant.

The new project, called Star of Italy, is an investment in an Italian steel company that is said to have mastered a state-of-the-art steel technology.

Their new hot-stamping steel, which is said to be very strong and very malleable, is ideal for replacing common building profiles currently on the market.

It can also be used as a special steel for automobiles, and the company is said to have signed contracts with companies such as Fiat, Ferrari and Lamborghini.

We will supply these companies with special steels for automobiles!

And there is a news link under the project, he clicked in and saw that it was several scientific and technological tweets from a domestic news website, all of which described the steel company and their technology.

Anyway, it seems that the project is very worth investing in.

The most important thing is that the interest rate given by this project is still very high, starting from three months, if you invest in a three-month project, the reported interest rate will be 8%.

The six-month rate is 12 percent, and the one-year interest rate is as high as 16 percent!

This interest rate is a bit scary no matter how you look at it, but as an old shareholder, Cheng Xiaochuan knows how terrible the profits of this kind of high-tech company are.

If what they say is true, then the profit conversion rate of this kind of high-tech company is very scary, and 30% of the net profit is the minimum standard.

If you don't meet this profit standard, you're embarrassed to call yourself a high-tech company.

So this project still looks very reliable, and the most important thing is that this project is recommended by Palm Treasure.

You must know that in today's frequent thunderstorms on the fart platform, the treasure in the palm is one of the few unique seedlings.

The company is still strong, and many people say that on the one hand, it is because the bosses behind the company are strong, and on the other hand, they are investing in real projects.

It's not like other platforms, they all sell dog meat on the head of a sheep, saying that they are investing in a certain project, but in fact, they don't know what to do with your money.

And the palm treasure has done a very good job in this regard, and when other platforms frequently explode, their family can still ensure stable payment.

This time, it has done even more, and it has actually invested overseas, gone abroad, and developed overseas.

Where is a big blue ocean, when I think of this, Cheng Xiaochuan no longer hesitated, and directly bought a six-month target of 100,000 yuan, but I felt that it was not too enjoyable to think about it, and I bought another 100,000 yuan, a one-year target, so I stopped.

At the same time, Wei Zeshi's side is also happy, the Italian Star project has only been online for three days, and they themselves have not brought rhythm, and they have been frantically sought after and snapped up by investors.

These fools are crazy to send him money, and he is naturally happy to see it happen.

It seems that these people are also frightened by the domestic economic situation, and the CPI is so high, it is obviously an inflationary situation.

Bank interest rates are so low, the stock market is sluggish, and the housing market is also in a downturn.

Especially at the beginning of the year, the bank released another 800 billion yuan, and the people who are slightly more sensitive to the economy are thinking about how to ensure that their assets are not diluted.

There happened to be such an overseas project, and the most important thing is that Wei Zeshi asked people to write a line of small print in the bidding document.

That is, when the project expires, the investor can choose to receive RMB or foreign currency.

Although it is very vaguely written, it is easy to arouse the infinite reverie of investors.

Of course, this is just a promotional means for him, and he has no intention of paying back the money from scratch.

He has already obtained the letter of guarantee from the First National Bank of Naples, and is also negotiating cooperation with several banks in the country.

Among them, his first choice is naturally XX Bank, one is their local bank, and the other is not those big banks, and the supervision is not so strict, and he has many friends in this bank of a certain branch.

At noon that day, he had just made an appointment with the president for a meal, and the other party was also very interested in his business of guaranteeing domestic loans.

There is a letter of guarantee from the external bank, and the description of the project plan is also very clear, and even the feasible plan is very beautiful, and it looks very credible.

The most important thing is that Wei Zeshi is still the president of the Chamber of Commerce, and his net worth and status are all there.

Therefore, the two parties verbally agreed to cooperate, and at that time, Wei Zeshi set up a fund, opened the corresponding fund account in the bank, and at the same time deposited a designated deposit as collateral.

The bank's overseas branches will release foreign capital to them.

As for the amount distributed, hehe, Wei Zeshi plans to ask for one billion euros.

Although it doesn't take so much to buy a steel mill, he doesn't plan to build a steel mill from beginning to end.

From beginning to end, his purpose was to transfer assets in the country.

Things are going very smoothly, after all, XX Bank has always been known for its efficiency, not to mention that this is an overseas investment project.

It's the end of the year now, and most banks basically don't do projects as early as October.

But this time, the president Wei Zeshi chose was an ambitious person who wanted to go further, thinking about completing the project before the end of the year, so as to show his face at the annual meeting.

Therefore, the project was carried out very quickly, and even the project approval and on-site due diligence were completed at the same time.

The team sent by the bank, under the leadership of Wei Zeshi's people in Italy, went around and sent back a report that could be executed.

Then the two sides cooperated step by step, and Wei Zeshi deposited a deposit in his domestic bank account.

Then the bank issued him the first loan of 350 million euros, which was intended to allow him to buy the steel plant first.

The second payment will be disbursed after he buys the steel plant.

Although he was not very reluctant, Wei Zeshi still had to pinch his nose and buy the Garibaldi steel plant.

Unexpectedly, the day after the contract was signed, there was very bad news on the market.

Saying that his treasure in the palm of his hand is a liar's fart, and the project they are engaged in is a liar's project that has changed everything.

What long-term contract between Garibaldi steel plant and the new terminal in the Naples region simply does not exist.

I don't know who turned the situation of the Garibaldi steel plant, as well as the entire project of the steel plant and the port, upside down, and took it to the domestic news website to blow it up.

The whistleblower wrote in great detail in the article, first of all, this Garibaldi steel plant is a small steel plant with an annual production capacity of three million tons, and if it is in China, such a steel plant is not even worth 10 million.

Moreover, the equipment of this factory is very old, there is no depreciation value at all, and there are still a group of old and sick people in the factory, and it is completely stupid to take over such a steel plant.

The second is the so-called long-term supply contract between the steel mill and the Naples terminal, which does not exist at all.

The Napoli Wharf Construction Committee has given a clear answer, they have never talked to any steel mill about long-term supply, let alone Garibaldi steel plant.

As soon as this news was released, the palm treasure immediately exploded.

The complacent Wei Zeshi was even blown up on the spot, what is the situation?

Something is wrong, when Lao Tzu went to Italy, he saw the Curinho family, the long-term contract, and even went to the Napoli dock to verify that the contract was not fake.

But what the hell is going on?

Wei Zeshi immediately called his relatives and friends in Italy and asked them to immediately investigate the matter.

Previously, for the sake of secrecy, he did not contact his friends in Italy to help verify this operation.

But at this time, it's too late to regret anything.

In the afternoon, a relative he had commissioned finally called him back from Italy.

The Naples terminal is real, but their long-term supply contract with the Garibaldi steel mill is fake.

The Garibaldi Steelworks' owner, Curinho's family, is gone, and the factory is full of workers demanding their wages and several banks collecting debts.

If he doesn't deal with these things, they will have to go to the local court to sue him.

Wei Zeshi felt that his brain was hammered hard, and he hit the geese for a thousand days, but he didn't expect to be pecked blind by a small house finch after a negligence.

This time it seems that it was planted, and the 350 million euros were cheated.

But being deceived by 350 million euros is not the most terrible, the most terrible thing is the crisis of trust caused by this incident.

Once someone wants to use this matter to do something, then the treasure in his palm will collapse in an instant.

Once investors lose confidence in the palm of their hands and choose to withdraw their investments, then his palm treasure will immediately thunderstorm and will not be able to hold on for even a month.

Then he's done!

And what he feared the most happened that afternoon.

The media platform that exposed the Garibaldi steel mill incident posted several articles in the evening, and almost all of these articles were aimed at the palm treasure APP.

The article is extremely suspicious of the investment projects in the palm of the treasure, and all their investment projects are approved.

almost said that they were a liar, and even at the end of the article, he directly called on the local supervisory agency to intervene immediately, so as not to donate money and run away after the thunderstorm in the palm of his hand.

This article saw Wei Zeshi gritting his teeth, but he was helpless.

The first thing he chose was to contact the media platform, saying that he was willing to pay and ask the other party to delete the post.

But when the other party refused, he immediately contacted his Royal Water Army team and asked them to immediately launch a counterattack online.

His only hope was to stop the spread of the article and slow down the spread of information, but unfortunately it backfired, and the next day, after the expiration of three projects, all investors chose to recoup their investments and transferred the funds out of the platform accounts.

The avalanche began......