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Chapter 21 - Chapter 21 London Star

"Stop talking, my Lord, you misunderstood. Mr. James and I are just friends!"Facing Barron's questioning of her, Yulia explained:

"I admit that we once had feelings for each other, but... in the end we both chose to protect the interests and honor of the Duke of Devonshire's family. I have a clear conscience about this."

Barron shrugged helplessly and said, 

"There's no point in talking about this now, is there? After all, the dead are gone. But it seems that my dear brother hasn't let you go in his heart..."

"Yes, you shouldn't say that to Mr. James, Your Lordship. If you have any doubts about my work, then I will resign as the fund manager after you take over the family fund."

"You need to understand, Ms. Moore, the family is now facing a crisis, and I need to work hard to save the family from the crisis. This requires the cooperation of everyone, including you..."

Barron shook his head and said with a sad face:

"But at this time, instead of putting aside your prejudices and working with me, you are ready to resign. This is very disappointing to me."

It's not that Barron really has to keep Yulia and not kick her out…

The key point is that he came to this world of England alone, and it is impossible for him to be responsible for all the industries by himself - even though the industries of the Cavendish family at this time are still far from those of the wealthy, they are still considered complicated.

It was easy to fire Yulia. After he completed the inheritance process and took control of the family trust fund, it would be just a matter of a word.

But what happens after she is fired? A family fund manager is still needed - are other people more trustworthy? 

At least Yulia is already familiar with those businesses, and now it seems that she is still loyal to the Cavendish family, but she has some prejudice against herself.

It was precisely because Barron was a soul that traveled through time and space that he was able to look at this matter objectively - indeed, his performance in his previous life was too unreliable.

However, appropriate beating is still necessary. Barron will continue to watch the opponent's performance and will also look for reliable talents for himself. Even if Yulia is replaced, someone needs to be available.

"Now, Ms. Moore, can you tell me something about the 'London Star'?"

"The London Star?"

Hearing this name, Yulia's expression turned serious: 

"What do you want to know?"

"Everything you know!"

"London Star is the name of the investment company. The owner of the company is William Abagnale, an investor who claimed to be born in Birmingham and later went to New York, where he achieved great success..."

As Yulia spoke, Barron learned more about the fraudster who caused the Duke of Devonshire's family to lose more than 25 million pounds.

It turned out that two years ago, William Abagnale came to London with his team and opened an investment company called "London Star". After that, he appeared in many high-class gatherings and some business activities in London. He was not only eloquent but also generous.

Gradually, the entire circle of wealthy and aristocrats began to spread William's successful deeds on Wall Street - the most important thing is that some of the investment examples he claimed to have, after being explored by those who were interested, actually did have related rumors on Wall Street.

The investment products provided by William's London Star company are very special. Returns are not given based on time, but each project has a 3-6 month cycle. After the cycle ends, settlement will be made and investors will receive returns - the most important thing is that he actually guarantees the investors' investment returns, not the principal, but also includes 10% investment income.

That is to say, the funds invested in their projects will not only not incur any losses - if there are any losses, they will be made up by London Star, and even if the profit return is less than 10%, he will make up the difference.

It can be said that such investment conditions are very attractive. After all, for most people, even an investment product with a stable annual return of 10% is difficult to come by, not to mention that each investment cycle is only 3-6 months...

Of course, it was precisely because of such tempting conditions that there were many people who initially expressed doubts about it, but in the end there were still people who were brave enough to give it a try.

So all the doubts disappeared four months later when the first project of "London Star" was completed.

Because all those who invested in this project at that time received more than 25% of the return! 

The second cycle of the London Star project was sought after by many nobles - yes, William claimed that his ancestor was a fallen nobleman and hoped to revive the family's prestige, so he mainly made friends with the noble group.

It is precisely because many aristocratic families only have ancestral property but lack investment channels - or in other words, the investments of many of them often end in failure.

Therefore, the "London Star" investment project, which is almost an effortless way to make money, is naturally welcomed by this group.

Barron's father started to participate in the investment of "London Star" in the second cycle, and at the beginning, he was extremely cautious and only invested 500,000 pounds in the project - because according to the rules set by William, the minimum investment threshold to join "London Star" is 500,000 pounds.

It is not difficult to imagine what happened next.

After the second phase of the "London Star" project ended, more than three months later, the Cavendish family's investment of 500,000 pounds received a return of up to 21%, turning it into more than 600,000 pounds! 

In the face of such exciting returns, even the always cautious old duke began to be eager to try and continued to increase his investment.

Although his decision was repeatedly dissuaded by Yulia at that time, with the subsequent two consecutive high returns, the old Duke no longer had any doubts about "London Star".

After all, someone has calculated that after three cycles of the "London Star" project, the investment income paid to investors by William Abagnale's company alone exceeded 20 million pounds. Which scammer would use so much money to commit fraud? It's impossible!

Therefore, later on, the funds invested by the old duke in the "London Star" project exceeded 30 million pounds! 

At the same time, there were also other nobles who participated in the project and made large investments. Finally, after the "London Star" project collapsed, William Abagnale fled England and disappeared with his team. According to estimates, the total amount of the "London Star" fraud exceeded 500 million pounds! 

Most of this money flowed out of England through various channels, and what was left in the end was a mess.

"After this incident, I also specially collected some information about the 'London Star' and William Abagnale, but it is still difficult to distinguish the truth from the false. Until now, the stupid police still have no clue..."

Yulia's words made Barron guess...

Perhaps it is because this case mainly involves the nobles, which coincides with the government's general trend of weakening the nobles. Therefore, the police will not be under too much pressure from above.