Eto felt a little unbelievable in his heart. Even though the person in front of him was a disciple whom he once taught, how could that Kitahara have such an expression?

Is it a mental disorder?

Or some degree of schizophrenia?

Is it because of the huge debt and psychological pressure that caused the abnormal behavior?

Jiang Teng frowned slightly and stared at the young man in front of him.

"Yeah. I almost forgot who I am." The corners of Kitahara's mouth turned up slightly and he started to walk towards Eto, "Now, we should have a good chat. First of all, it's about what you stole.

Should you explain the matter regarding Mizuho Bank’s pledged warehouse receipts worth 500 million yen in copper materials?”

Eto was paying close attention to every move of the young man in front of him. For some reason, his intuition told him that this young man had now become an extremely difficult opponent. The voice of the former director of the law firm sounded: "Kitahara.

This is not a court, and you are not a judge. I have no obligation to answer your questions."

Kitahara ignored Eto's words, and continued in his voice: "I have thought about it for a long time, but I still can't figure it out. Why would a lawyer steal the copper pledge warehouse receipt? And what on earth did you use?

This method can make a total of 290 tons of copper disappear like magic. It's strange, really strange."

"There are many things in this world that don't need to be studied deeply." Eto still stood where he was, but his whole body was ready for the young man in front of him to suddenly rush towards him at any time.

"It wasn't until later that I asked an insider at Mizuho Bank for a number that it suddenly dawned on me." Kitahara said as he walked to the middle of the top-floor room and stopped right under the glaring statue.

"Oh——" Eto smiled contemptuously, "What figures did you learn."

"It's very simple." The young male lawyer continued, "I asked them to find out how much copper mortgage business Mizuho Bank will undertake from Wakasu Terminal in Tokyo Bay in a year. People from Mizuho Bank told me that they only last year

The amount of copper pledged at Ruozhou Terminal reached 760,000 tons."

As Eto listened to Kitahara's words, he still had no idea what the young man in front of him wanted to express.

What’s the point of just asking Mizuho Bank how many tons of copper pledges it handles at Wakasu Terminal in a year?

However, in just the next second, it was like a flash of lightning flashed through Eto's mind, and he instantly understood the profound meaning of this number for the young man in front of him."

"Yes, a total of 760,000 tons." Bei Li straightened the collar of his shirt, "However, I compared the total number of copper imports at Ruozhou Terminal last year. Ruozhou Terminal imported a total of 2.16 million tons of copper last year.

That is to say, only one Mizuho bank handles copper pledge business, which accounts for nearly one-third of the imported volume."

On the top floor of the castle tower, the voice of the young male lawyer remained calm, "Is Mizuho Bank too powerful? Obviously not. Mizuho Bank is only one of the top five banks in Japan, and its imported goods financing business is not its strong point. Such a bank

It is absolutely impossible to swallow up one third of the copper staking business of Ruozhou Terminal."

"I have been thinking for a long time about where the 290 tons of copper worth 500 million yen are. Looking at it now, these 290 tons of copper, which is the goods recorded in the pledged warehouse receipt for 500 million yen, do not actually exist."

Beiyuan's voice fell.

The entire big room fell into a deathly silence.

The expression on Eto's face remained the same without any change.

"The so-called non-existence does not mean that these 290 tons of copper do not exist." Kitahara continued, "These 290 tons of copper are indeed in a certain warehouse in Tokyo Bay. It is just that it has been repeatedly pledged."

[Repeated Pledge]

[The so-called "repeated pledge" means that after pledging the goods to a certain bank, they pledge it to another bank again. For example, a trading company that imports refined coal mines pledged 20 tons of coal to Bank A to obtain financing. However,

, this club took advantage of the management oversight of Bank A and quietly pledged the 20 tons of coal to Bank B again, thereby obtaining new loans. In practice, repeated pledges are a phenomenon that banks are highly vigilant about.]

"You should have used some kind of forgery. Using these 290 tons of copper, you made up a large number of false warehouse receipts. The copper positions contained in these false warehouse receipts may far exceed thousands of tons. In other words, obviously

The actual copper material is only 290 tons, but the total tonnage of copper material for all the warehouse receipts you issued may be several times that of 290 tons. Then, you take these false warehouse receipts and go to the bank for financing. In this way

In the future, the bank loan obtained for 290 tons of copper can be several times its value."

Kitahara looked at Eto in front of him and continued: "Of course, these false warehouse receipts can also pass the bank's due diligence. After all, the copper materials recorded in their warehouse receipts are indeed stored in the warehouse. When the bank staff went to the dock warehouse for actual inspection

At that time, he could definitely see that large quantities of copper materials were stored there. However, what the bank clerk did not know was that the goods in front of him had been pledged by several banks.

.”

"So, the final data presented to Mizuho Bank is that they actually undertook nearly one-third of Ruozhou Terminal's import pledged warehouse receipt business. But in fact, Mizuho Bank's business volume cannot be so large. Among them, quite a few

Most of them should be false warehouse receipts. The real market share of Mizuho Bank's copper pledge business at Ruozhou Terminal should be about 5%. Assume that the bank's loan is equivalent to 50% of the value of the goods. Then, you are equivalent to a full loan.

10 times leverage. In other words, you used the same batch of copper materials to pledge to the bank 10 times."

This chapter is not over, please click on the next page to continue reading! "I believe the same thing happened not only in Mizuho Bank, but also in other banks. The copper in the entire Wakasu Terminal may have caused more than fifteen times more false loans to the bank

Loss. If calculated based on the ratio of Mizuho Bank, the five major banks in Japan will at least make provision for bad debts due to the repeated pledge of copper materials from Wakasu Terminal, resulting in a loss of about 15% of the year's net profit. This is definitely a catastrophe level.

Financial mishap.”

"So, I understand why you stole the pledged warehouse receipt." Beihara's voice continued: "The pledged warehouse receipt you stole should contain some wrong information. This wrong information is enough

The bank discovered the double pledge. Therefore, you chose to steal the pledged warehouse receipt."

"Okay, Mr. Eto. This is my analysis."

Beiyuan's voice fell.

The young man in the room displayed unparalleled reasoning skills.

It turned out that just from two numbers, it was directly discovered that there may be duplicate pledges of copper at Wakasu Terminal in Tokyo.

And following this clue, we can directly deduce the complete story before and after Eto stole the pledged warehouse receipt.

"Wonderful." Eto smiled and clapped his hands, "Kitahara, you always surprise me."

The sound of clapping echoed on the top floor of the castle tower.

However, the next second, the former director of the law firm reached out and raised his glasses, and then Eto's voice sounded:

"But, unfortunately, you are wrong."

…

…

…
Chapter completed!