NYSE, morning opening time. Pen & Fun & Pavilion www.biquge.info

The floor traders of major stock trading institutions have put on their headphones and are eager to gather in the trading hall.

As the opening bell rang, the giant display in the hall also lit up, and began to display the market information of each stock.

"TN Technology! Buy all TN Technologies! ”

"Yes, all the money! Eat as much as you want! ”

"Be sure to get ahead of the others!"

"Cheer me up! Keep an eye on TN Technology! ”

……

In the hall, all the traders shouted TN Technology in unison. As if under a spell, he desperately snapped up this stock.

In everyone's expectations, TN Technology's stock, as in the previous trading days, is full of green. All the way up, it easily broke through the opening trading price.

$127!

$130!

$135!

$140!

……

One crazy number after another jumped up, and all the investors were red-eyed, screaming wildly.

Earning wealth has become so easy at this time. Every second, these investors who buy TN Tech shares generate millions in profits!

Under the stimulus of unearned gains, those risks that should have been noticed by others were deliberately ignored by them. Like a taboo, people don't talk about it.

It's a pity that hiding your ears and stealing the bell will not stop the development of the situation, and the risk will always erupt!

"Ding Dong"

The pop-up of a message prompt made all the traders present change their expressions and panic.

"$139!"

"What's going on! Why did TN Technology's stock price fall? ”

"$138! It's down again! What the hell is going on! ”

"Get someone to investigate!"

……

The unexpected, but reasonable, drop in stock prices made traders panic and hurriedly contact to find out the reason behind it.

"Whew! It turned out that someone was taking the opportunity to sell stocks and wanted to make a big profit! ”

"It almost scared me to death, I thought something had happened to TN Tech!"

"I don't know who is so uncomposed, actually selling stocks at this time!"

"He can only interfere a little, now that the buyer's market is bigger, the momentum of the stock price rising is not something he can easily stop!"

"That is, the stock price of TN Technology still has a lot of room to rise, and selling it now is undoubtedly killing chickens and eggs, cutting off their own financial routes!"

"It may be that a novice happened to buy TN Technology shares before, and seeing that the price is rising now, he can't wait to sell it!"

"Hahaha! I guess that's the case! ”

……

Relieved, the traders began to taunt the people who sold their stocks. In the eyes of them, who have been on Wall Street for a long time, this kind of rude behavior of accepting what they see is simply a small trick that does not enter the stream.

What they pursue is the precise operation that maximizes benefits. If they don't squeeze out the last trace of profit from the stock, they will not give up on the Jedi.

After some ridicule, the traders returned to their respective positions and refocused on TN Technology's share price.

As they expected, after a short period of decline, TN Technology's stock price began to rise strongly and easily recovered its losses.

In the trading floor, the frenzy of just now was restored. Everyone is waving their arms vigorously to cheer for TN Technology.

However, this atmosphere did not last long, and the appearance of a new transaction information, like a basin of cold water, instantly poured on everyone's heads.

"The stock price is down again! What's going on this time? ”

"It's okay! It is estimated that which idiot is taking the opportunity to sell and arbitrage cash. Leave it alone, just a while! ”

"It's just, leave it alone, we ......"

Before the disdainful finished speaking, one prompt message after another, like a volcanic eruption, rushed up frantically.

"$140!"

"$139!"

"$137!"

"$134!"

"$129!"

……

Different from the short-term decline just now, this time the stock price is almost a cliff-like fall.

The panic spread among these traders in an instant. Before the disdainful expression on his face dissipated, everyone frantically inquired about the news as if their buttocks were on fire.

"What! TN Technology's financial report last year was suspected of fraud! Got stabbed online? ”

"Evidence? Where is the evidence? How I didn't know! ”

"Which website is it? Okay, I'll go see it now! ”

Traders who received the news hurriedly logged on to the site. Sure enough, a news headline that was pinned to the top was prominently hung on the homepage of the website.

"TN Technology's financial report was fraudulent, and the actual net loss last year was $375 million! The company is no longer able to repay its debts! 》

Click on the article to take a look, it turns out that the author has conducted a detailed analysis and research on the financial statements of TN Technology, and found more than a dozen contradictions and loopholes in them.

Through the tracing of these clues and the unannounced visits of relevant people, the original financial statements of TN Technology were finally restored.

TN Technology's operating conditions last year were not the profit growth it claimed, but a huge loss of $375 million. These debts have far exceeded the company's ability to repay them.

In order to conceal this news from the public and avoid the liquidation of the company. Under the leadership of Chairman Jeff, the company's top management developed this plan to hide from the world.

They first found a well-known accounting audit company, and after paying a huge amount of money, they created a new set of financial statements for it. Not only did they hide all of the company's debts, but they also fabricated their operating profits.

Then, they bribed several inspection employees in the U.S. Securities and Exchange Commission, and let them pass the review in their own inspections.

In this way, TN Technology, which was supposed to be on the verge of bankruptcy, has become a profitable high-tech company.

Originally, financial statement fraud existed to a greater or lesser extent among listed companies in the United States. People are also accustomed to it, and the supervisory organs also turn a blind eye and do not pay much attention to it.

However, this large-scale and fundamental fraud of TN Technology has seriously harmed the vital interests of investors, which is an economic crime and will be severely punished by the US Securities and Exchange Commission.

The consequences of the exposure of such heavy negative news can be imagined. TN Technology will definitely suffer a heavy blow, and bankruptcy and liquidation seem to be its only way out.

How can a company that is on the verge of bankruptcy be sought after for its stock?

Investors who have just woken up from a dream began to frantically sell their stocks. Just like their crazy buying, their speed is even better.

TN Technology's share price fell rapidly from its highs as if it had been cut in half.

"$129!"

"$125!"

"$120!"

"$113!"

……

The stock price just leaked down like a waterfall, spitting out all the gains in the last few trading days.

"Impossible! What's going on? ”

"Quick! Hurry up and sell the shares of TN Technology in your hand! ”

"All! Throw it all out for me! There are not many people who have the news now! Shoot as soon as possible! ”

……

The traders who are in a hurry no longer have the calm and leisure they had just now. With his fingers poked, he hurriedly modified the quotation instructions on the computer, and sold all the stocks that he had bought with great difficulty.

Panic spread throughout the stock market. More and more investors have received the news of TN Technology's falsified financial statements.

Selling stocks became their only option. People's mood, with the rise and fall of stock prices, is like a roller coaster, plummeting from the high, and instantly rushed to the bottom.

By the time the market closed, TN Technology's stock price had fallen to a miserable $0.74 and had become a junk stock that no one cared about.

At the same time, the US Securities and Exchange Commission, which always pays attention to the changes in the stock market, also immediately set out to investigate its TN technology company.

Under strong public pressure, the US Securities and Exchange Commission soon found out the truth. As the whistleblower article wrote, TN Technology did commit major economic crimes.

After the investigation was clear, the SEC quickly summoned the chairman of TN Technology, who was also the person behind the planning of this matter - Jeff!

However, Jeff moved his family to Italy long before the company's stock price rose bizarrely. At the same time, he also severed contact with relatives and friends in China.

Abscond!

When the media broke the news that Jeff had left his family, angry people put the charge of absconding on his head.

However, no matter how much people hate Jeff and insult him, the wealth that has been lost will never return to them!