Investor That Can See The Future

Chapter 138

A bank run occurred at the words of Jin-hoo Kang, and Hoseong Savings Bank was suspended.

The people who deposited the deposits were heartbroken, but the unrelated people watched the situation as if they were disrespectful across the river.

– Haha Sir VS Otaku Round 2 is about to begin.

– Was the approach to deposit 200 billion won a piece of cake?

– It’s a fake, you bastards!

– Then why did you point out the insolvency of Hosung Savings Bank?

– Because it’s your brother-in-law’s house. Sir, your son-in-law isn’t there.

– This is an engraving to stick properly.

– It’s really interesting.

-But do you have any grounds?

-Did you say that without any basis? If so, that’s a real feeling of restraint.

-Why? You could have bought a put option.

-Personally, I hate Kang Jin-hoo, but I think it’s right to follow Gang Jin-hoo’s words unconditionally when it comes to money-related issues.

– Kang Jin-hoo looks like a con artist no matter how you look at it. In a few years, the company seems to go bankrupt and be arrested.

-If a guy like this is really recommended by Kang Jin-hoo, he’ll be the first to run.

– Hahahahahahahahahahahahahahahahahahahahahahahahahahahahaha

In the region where Hoseong Savings Bank’s main branch is located, the mayor, ward mayor, and county governor mostly belong to the Korean family, and the Korean family also occupied a majority of city councilors and district councilors.

In the National Assembly, 9 out of 12 seats are from the Korean House of Representatives, and 2 out of the remaining three seats are also lawmakers who ran as independents after being eliminated from the nomination by the Korean House of Representatives.

If Hosung Savings Bank really went bankrupt, the aftermath would be hard to imagine.

Therefore, the president, prime minister, deputy prime minister of economy, parliamentarians, and local councilors all came forward and said that Hoseong Savings Bank was safe and encouraged the local people.

* * *

Kim Soon-rye sold food in a small shop in the corner of the market.

She worked from early morning until late at night, raining or snowing, not missing a day. She earned so much money that she sent her five children out safely to study and marry. In the middle, she lost all of the money her husband invested in her stocks when the IMF burst, and she lost her debts, but she worked hard to pay off everything and saved up.

But as she got older, she obviously was getting harder and harder with her body. She didn’t know how long she would be able to work.

Her remaining hope is to live unattended to her children until her death.

Fortunately, she has little money, but she has saved up and managed to make her big money. This will not be too much of a problem for her husband and wife to spend their old age.

But one day, Jin-hoo Kang pointed out the insolvency of Hoseong Savings Bank and urged him to withdraw his deposit.

When the truth became known, the market turned upside down. Most merchants were depositing their day-to-day money in Hoseong Savings Bank.

Soon-rye Kim ran to the bank from dawn with her merchants. However, people were already camped out in front of the branch.

She tried to find some money, but the bank went out of business less than an hour after it opened, and her merchants gave up on business and floundered on the spot.

“If the bank goes down, all the money will be gone,” she said.

“That’s right! Don’t be mean!”

“No, I said it because I was worried.”

I’m worried that something like this will happen, but fortunately, the president and politicians came together to say that nothing would happen.

Thanks to this, the harsh atmosphere has calmed down a bit.

At the head office, branch manager Park Jun-sang, who was instructed to hand out number tickets to customers and send them back, went out with his staff.

he said into the megaphone.

“Everyone must have heard the government announcement. Jinhoo Kang spread false rumors with a malicious purpose, and as a result, it was closed for a while, but business will resume soon. So no need to worry. From now on, we will hand out number tickets. When business resumes, we will process the numbered ticket in order, so you can receive it and go home.”

You can’t just sit and wait for the bank to open when you don’t know when. There was a bit of a commotion about who came first, but people accepted the numbered ticket.

Kim Soon-rye held the hand of Ha Eun-ji, who was handing out number tickets.

“Miss Eunji. Is my money okay? That’s all my property. If you don’t have that money, you and I will all die.”

Ha Eun-ji put on a bright expression on her face.

“It will be resolved in a few days. The president and politicians all say it’s okay.”

At that, Kim Soon-rye nodded her head eagerly.

“That’s right. who is the president Isn’t he the best and highest person in our country? If he said he’d be okay with that, then he’d be really okay.”

“of course. No need to worry.”

However, Kim Soon-rye could not easily shake off her anxiety.

“You really don’t need to worry about what the guy who says Kang Jin-hoo or something is saying, right?”

Then an old man next to her shouted and said:

“You son of a deceiver. Talking nonsense like this makes me anxious, and then to a scumbag who eats other people’s backs.”

Everyone around them cheered.

“He’s just a bad guy.”

“It’s not the first time I’ve made money by doing this.”

“Think common sense. Will the president let no one else ruin the savings bank run by the in-laws?”

“then! Isn’t Hosung Savings Bank the second largest bank in Korea? Does it make sense for a bank this big to go bankrupt?”

“It’s just that bad guy spreading rumors!”

People all at once criticized Kang Jin-hoo, not the bank.

The people gathered here will suffer if Hoseong Savings Bank goes bankrupt. So, the president must be right and the president must be wrong.

It was a wish rather than a belief.

In any case, when the people had one voice, Soon-Rye Kim was able to lessen her worries.

Park Jun-sang said softly.

“Tomorrow, Kang Jin-hoo is coming to the prosecutor’s office to be investigated.

A market merchant raised his hand and shouted.

“We’re not here like this, let’s go see his face!”

People all agreed with that statement.

“Good! let’s go!

* * *

How many times does a person go to the prosecutor’s office in their lifetime?

This time, it is not the Seoul Central District Prosecutors’ Office, but the local prosecutor’s office.

Because of that, I had to drive down to receive the suspect’s investigation. Taek-gyu dared to follow that it was okay to go alone.

I called ahead of time for my mother, who would be concerned on the way.

[Why did you create a problem by saying useless words again?]

“Mother. That’s not it… … .”

[If you just stand still, nothing will happen, but because you resemble someone… … .]

After all the nagging, the mother asked in a worried voice.

[Isn’t it really impossible to be arrested this time?]

“of course. It’s just an investigation.”

[Just know that if you are arrested this time, your mother will fall.]

“I see. Do not worry.”

I tried to reassure her mother as much as possible, then hung up her phone.

Taek-gyu asked.

“But do you really need a lawyer? Shouldn’t the Avengers be made up of private attorneys like the CEOs of chaebols?”

“Well, that’s it.”

That’s because there’s a lot of things that people talk about. I have no shame in looking up to the sky.

When he arrived at the prosecutor’s office, Taek-gyu said.

“It seems that the fact that you are coming is known. Look at the welcome crowd over there.”

Dozens of people gathered in front of the prosecutor’s office as if it were a protest, and the police force controlled the surroundings.

“The banner reads ‘Arrest the financial fraudster Jin-hoo Kang’.”

“… … .”

What the hell did I do wrong?

Most of the people gathered are elderly people in their 50s or older. They are probably all Hosung Savings Bank depositors.

The sentiment is quite understandable.

If the bank where I put my money closed due to someone’s remarks, I would have felt the same way.

“Close the window and wave your hand.”

“… … Wouldn’t it be okay if I did?”

As I approached the front door, I heard a cry.

“Punish the speculator Jin-hoo Kang!”

“Punish!”

“Arrest the fraudster Kang Jin-hoo!”

“Redemption!”

The car entered the prosecutor’s office.

A photo line was installed at the entrance to the building, and reporters were waiting with cameras and microphones.

“Goodbye.”

“See you later.”

I got out of the car and stood at the photo line.

click! click!

The camera shutters flew nonstop, and reporters all asked questions.

“How are you feeling now?”

“Are you confessing to the charges?”

“For what purpose did you make such a statement?”

I sighed inwardly.

My face will appear on the news today as well. Maybe Park Si-hyung is seeing this too?

I looked at the camera and said the lines I had prepared.

“I will faithfully participate in the prosecution investigation.”

As I was about to say that, a reporter shouted.

“Are you sorry for the victims? Don’t just go in and say a word of apology!”

He was none other than a reporter for Cho Joong Ilbo.

I stared intently at his face.

“Why do I have to apologize? We feel sorry for those who have been harmed by this incident, but it is the fault of the management of Hosung Savings Bank, who concealed its insolvency through accounting fraud, and the supervisory authority that failed to properly monitor it. An apology, of course, should be theirs.”

* * *

The prosecutor has the right to escape the life or death of the suspect (the right to indict). Therefore, when it comes to the prosecution, whether there is a crime or not, it is bound to be timid.

Besides, as the saying goes that even mutts eat half of them in my house, the prosecutor’s office is the home ground of prosecutors. On the other hand, it is an unfamiliar environment for first-time visitors.

But I have already been arrested once. That’s why I wasn’t too nervous or nervous. It was more of an annoyance than that.

Why do I have to come all the way here?

I was escorted to the examination room to be investigated.

My name is Yang Seon-ho. He was a young prosecutor in his early thirties.

“Sit down.”

“Yes.”(Read more @ wuxiax.com)

I sat comfortably. Then, in his late 40s, the inspector with his hair bald became angry.

“Don’t cross your legs! What is a young man doing so rudely in front of the prosecutor?”

I didn’t mean to be cocky, but I guess I was crossing my legs without realizing it. It’s okay to untie your braids, but I don’t like the way you talk like a bully.

I asked him.

“Is there a law against crossing your legs in front of a prosecutor?”

“What, what?”

“You seem to be mistaken, but I am not a criminal or a suspect, but an ordinary person who came to be investigated. Don’t you know the presumption of innocence? I feel that I am fulfilling my role just by taking time out of my busy schedule to be investigated just because I was sued.”

The investigator looked excited.

How many people would come to the prosecutor’s office and act this way unless they’re the newest criminals?

Prosecutor Yang Seon-ho waved his hand.

“It’s okay, Inspector. Sit down, I’ll take care of it.”

“Okay.”

The investigator returned to his seat with a still dissatisfied expression.

“Did you bring your ID?”

“Yes.”

The identity was first verified, and then a full-scale investigation was carried out.

Obvious questions followed, based on the six-and-lower principle.

“Why did you say that?”

“It’s just like I said. After analyzing the data to make a deposit, it was suspected that he was hiding a large-scale insolvency through accounting fraud.”

“Is there any clear evidence?”

“There must be more money going out than coming in. If there is nothing wrong with the number, wouldn’t it be natural to suspect manipulation?”

“It’s just a suspicion.”

“A reasonable doubt.”

“Then did you know that your comments could cause a bank run?”

I’d rather say I didn’t know… … .

I nodded.

“Yes. I knew.”

A look of surprise flashed on his face.

“Did you know that you said that?”

“Anyway, Hoseong Savings Bank will go bankrupt, and we will not be able to return all of the money we received. In the midst of this, each branch window is receiving long-term deposits from customers and selling subordinated bonds with excitement. It’s better to explode now is the only way to reduce the damage. Shouldn’t we at least prevent further damage?”

“If it turns out to be false, you will be punished.”

I nodded proudly.

“If you suspend a decent savings bank by distributing false information, it is natural that you will be punished. I am prepared for that to some extent. But what if I am right?”

The one who took money from ordinary people and gave them bad loans, the one who manipulated the books to hide it, the one who knew but closed his eyes, the one who took money from behind, etc.

All of them will be held accountable.

Of course, Park Si-hyung.