Chereads / Rebirth as an American Tycoon / Chapter 516 - Chapter 516: This is a Bottomless Pit

Chapter 516 - Chapter 516: This is a Bottomless Pit

[Chapter 604: This is a Bottomless Pit]

"Master, that Leo Wanta seems to have some interest in contacting us."

William White paused, his expression instantly turning peculiar. He was certain he had told Tanner to just observe.

"Tanner, has your man been spotted?"

Tanner blushed; he hadn't expected the other party to be so alert.

"Yes, master, it was a bit reckless."

William White shook his head with a wry smile. This old guy was indeed no pushover.

"It's alright for now; just keep your distance, no need to establish contact with him."

"Master, this guy is definitely not some businessman. My people were careful, yet they still got discovered. Plus, we've found out that more than one group is watching him."

William White was intrigued. How much had this guy scammed the Soviets? He hadn't even reaped his rewards, and yet someone was already zeroing in on him.

"Tanner, there are some things in this world that should not be touched. This guy has too much karma tied to him. Sometimes, he might not even know who he's really working for."

"Master, are you saying he works for several intelligence agencies?"

"If it were just the CIA, I could figure that out easily. The fact that he's reaching out to us now suggests he's scared and looking for a bodyguard."

"Master, this guy must have raked in a lot of money. Should we..."

William White grimaced. A transaction worth trillions? That was beyond his reach. In fact, those who coveted such money were typically wiped out.

"Tanner, your master isn't keen on kicking the bucket young. Do you know why I let the Hunter family off the hook later? If those idiots hadn't compromised, the family wouldn't exist anymore. Now, though they're bankrupt, they're still living comfortably."

"Master, do you mean..."

"Let's find out more about the forces behind him. I'm really curious about this prehistoric crocodile lurking beneath the surface."

"I understand, master. That Leo Wanta is just bait."

"Well, since we're dealing with a prehistoric crocodile, trivial bait shouldn't even be considered."

Trillions in wealth -- if he said he wasn't tempted, it would be a lie. Dozens of tons of gold might seem terrifying, but it was just the tip of the iceberg.

Risking for gold? To be honest, that had no immediate consequences, at most just a cross-border scuffle. The current Saddam didn't have the time to even care. Even if he found out, he probably wouldn't dare speak up.

A misprinted map? That was an outcome everyone could accept, including Saddam himself. It was hard to understand how so many wrong maps ended up circulating.

Tanner finally realized he shouldn't mess with this guy -- stay as far away as possible. If he entangled himself with this individual, trouble would inevitably follow.

"Is this that old guys' plan?" At this thought, Tanner felt a chill. These old foxes were really something.

...

"Filson, have we confirmed anything with our Swiss bank?"

"Yes, there are six suspicious transactions. While the usernames differ, the password adheres to a common rule. We believe this is his account."

"How much in total?"

"About 300 million dollars. This money recently shifted to some offshore banks."

"Ha, our bank won't be the only one holding such cases. Here's what you do, Filson -- under a black woman's name, acquire two offshore banks. Remember, this needs to be discreet."

"Sir, Swiss banks are inherently private. Besides, the money has already moved."

"Check the timing again."

"Sir, you mean the large funds betting against gold recently?"

"I know. Something's bound to go wrong with that money, no matter who profited from it."

William White smiled but said nothing; Filson understood the weight of the situation better than Tanner. The urgent matter now was distancing themselves or letting part of the money vanish before the authorities conducted a thorough investigation.

...

"Sir, the other side has vanished. Could it be an asset of Israel?"

"Impossible. Haven't they always been within sight? As long as it isn't the Soviets stirring trouble, then what's wrong with earning money attentively?"

"Sir, how much capital does he currently manage, and how should we report this? This bastard hasn't told a single truth."

"Ha, isn't that normal? Haven't the two people who stayed with Laden completely lost themselves? When actors blur the line between performance and reality, how easy is it to distinguish between the two? This guy has become an economic monster. Did you know that under the current circumstances, many Soviets still regard him as one of their own?"

...

Many were watching Leo Wanta, and for now, William White's appearance hadn't yet raised any alarms. If he dove deeper, he risked being dragged under himself.

By that time, it wouldn't matter whose fault it was; he would be unable to clear his name.

Leo Wanta last appeared in public roughly in 2005. Of course, during that time alone, he transferred about 4.5 trillion dollars to several major American banks.

Just one transfer sparked a global tightening of credit. The reasoning is simple -- how could that much money appear in the market? When you withdraw significant sums on that scale, the world's money immediately vanishes.

William White didn't know how he made money; gold couldn't possibly yield such returns. Placing a short sale worth hundreds of billions? The exchange would be closed immediately.

Seriously, that's not investing -- that's ruining the party. Get out of here or we'll call the cops.

Shorting gold reached its peak at hundreds of billions, which is already frightening.

Shorting the pound?

Let's put it this way. Soros prepared 10 billion dollars, dragging the pound's exchange rate down by 12%. If he managed to secure a 5% profit, he'd be doing impressively well, but even that was unlikely.

In other words, the much-discussed Soros, when he collapsed the pound, probably earned a maximum of a few billion dollars. Even that placed him at the top of the hedge fund world.

Trillions?

Just thinking about that number made William White's head pound. This was a heist of the Soviet treasury!

Wait, if the Soviet treasury had that type of money, why would they need to die?

Not at all!

William White felt that compared to himself, this guy seemed more like a time traveler. Seriously, he was making so much money that it was almost mind-boggling. Had he stumbled upon the financial system's Da Vinci Code?

Alright, this dude resembled a protagonist from later web novels -- the kind that only makes money and never chases after women. Haha, reincarnated solely to earn money. Fine, he managed to make a terrifying amount, even God would feel afraid.

The question is, boss, what do you intend to do with those trillions? The interest alone is several hundred billion each year; are you trying to scare the kids to death?

As for his money, William White had little interest. What intrigued him was how this was accomplished. You can print money all you want, but it's impossible to produce it in just a few years.

Moreover, this wasn't dirty money.

Indeed, that was critical. Those selling laundry detergent have no way of funneling money into the banking system. If they tried, they'd not only have money laundering agencies on their backs but also the IRS after them.

How on earth did they achieve trillions in legitimate income within the banking system? My God, how on earth was that possible?

*****

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