God-Given Investment Genius - God-Given Investment Genius chapter 32
32- Thieves (5)
#32. Thieves (5)
Surprised, Lee Myung-hee was trembling like an aspen tree with her head bowed down.
As soon as the words of breach of trust and embezzlement came out, Seo-yeon tried to urge Lee Myung-hee, but Ji-hyeok stopped Seo-yeon, meaning to give Lee Myung-hee some time to recover.
Whether she was crying or trembling, Lee Myung-hee, whose shoulders were shaking, slowly raised her head and opened her mouth.
“If I tell you everything… can my child really live?”
Seoyeon frowned and said.
“Hey, Myunghee Lee. I don’t think this is the time to negotiate with me.”
“Seoyeon, I will talk to you.”
Jihyeok continued.
“Manager Lee Myung-hee. It must be true that the child is very sick.”
Lee Myung-hee answered with tears instead.
“···Sobbing······.”
Jihyuk said in a serious voice.
“Even if you don’t tell me, I will teach you how to save your child’s life.”
“Jeong… are you serious?”
“How can you make a deal with a human life? However, if luck strikes the sky and the child comes to live, knowing that the mother went to prison because of her, would that life be able to continue smoothly?”
“I… I am… Black… Black…”
“Whoa… I can’t have a conversation like this. When you have made up your mind, please contact me here.”
Jihyeok left a business card with Cheongdam fortune teller on it and stood up.
Seoyeon also seemed to have something to say, but Jihyeok shook her head to block it.
At that time, Lee Myung-hee urgently grabbed Ji-hyeok’s sleeve.
“Are you really Master Cheongdam?”
“you’re right.”
As soon as Jihyeok answered, Lee Myunghee’s attitude changed in an instant.
“Oh, my master… please save my child Please, Master…”
“Do you know me?”
Lee Myung-hee nodded and said.
“They said there was no hope at the hospital, so I went looking for a shaman who was said to be brave, with the feeling of grabbing at least a straw. Then I heard rumors about Mr. So I made a reservation last year…”
“Ah… I haven’t been in business for a while because of the reporters.”
Lee Myung-hee begged Ji-hyeok while wiping away the blackened mascara.
“Master, please save our Seunghyun. I will do whatever the Master tells me to do.”
The doctor at the best hospital in Korea and the shamans he had met all said there was no hope, so now the only place Lee Myung-hee could lean on was the Cheongdam guru in front of him.
Jihyeok said.
“Your son’s name seems to be Seonghyeon. First of all, tell your son and yourself. If possible, please give the father of the child a fortune.”
The moment when Lee Myung-hee cried out and called out the son, herself, and husband’s fortune teller in turn.
After hearing all of her husband’s orders, Ji-hyeok’s expression darkened slightly.
“Has your husband… suffered something bad?”
Lee Myung-hee was startled and shook his head up and down.
“That’s right, Master. Black··· Black··· Seonghyun stopped working as a substitute driver after work to pay for the hospital bills······. Other shamans say it’s because there’s a relationship between Seunghyeon and her husband…”
– Bang!
“Sounds out of place. No matter how bad the relationship between parent and child is, does it make sense that the father dies because of it? It’s just that your husband’s name line was short. Instead, take care of your own health. Looking at the fortune teller, although Seung-hyeon has a weak lifeline, he is not destined to break easily.”
In fact, what surprised Ji-hyeok the most was that Lee Myung-hee was only in her mid-thirties, but after giving birth, her child was sick, so she couldn’t take care of herself properly, and it seemed like she was aging rapidly due to severe mental suffering.
It was Ji-hyeok who realized anew that the heart of his parents is so sad that it is difficult to guess his age through contemplation.
On the other hand, despite Ji-hyeok’s hopeful words, Lee Myung-hee’s expression did not brighten.
“But… our Seung-hyeon won’t live for another year… so heck…”
“I’m not a doctor, so I can’t make an accurate diagnosis, but Seung-hyeon’s name is definitely going on in Saju. Listening to the store manager’s story, it seems that he is hospitalized at the nearby Seoul National University hospital. The direction is southeast across the river.”
“Me… to the southeast?”
“Yes, there will be a nobleman waiting there to save Seunghyun.”
***
After talking with Lee Myeong-hee, Seo-yeon naturally became the driver and took Ji-hyeok to Cheongdam-dong.
“Mr. Lee Myung-hee, you said you had spinal muscular atrophy, right? Do you know what disease it is?”
“Yes, I heard that it is a disease that causes you to die without being able to breathe properly. Since it is a rare disease, there must be no proper treatment yet…”
“Whew… it’s unfortunate… but if what Mr. Lee Myung-hee said is true, wouldn’t it be hard to at least avoid the charge of breach of trust?”
Jihyuk smiled and said.
“Isn’t that what Seoyeon is up to?”
In the first place, Lee Myung-hee wasn’t even on the list Seo-yeon handed over, but the reason Ji-hyeok dug into her first wasn’t because she was a thief, but because she felt the most guilt.
Jihyeok said to Seoyeon.
“Mr. Lee Myung-hee’s original contemplation generally matches well with what he is doing now. Now, her eyes are cloudy due to the bad luck she has experienced one after another, but originally, she must have had quite warm eyes. The slanted corners of the eyes, the proper size of the black masturbation, and the straight forehead make a very good first impression.”
“But it doesn’t make sense to just leave the person guilty of breach of trust.”
“According to Mr. Seoyeon and Ms. Lee Myeong-hee, similar things are being done at almost all direct stores and agencies. Almost every department in the company organically helped with this. Besides, there are probably many people who have helped with this without even realizing it.”
What happened at Yu-One Cosmetics Myeong-dong was never something Lee Myung-hee could do alone, nor was it something that one or two sales departments could get involved in.
It can be said that the entire logistics, accounting, and marketing teams of the company organically committed breach of trust and embezzlement.
First of all, the retail sales team places an order for many products at the Myeong-dong store, and before the goods arrive, several individual business owners divide the items and purchase them appropriately.
It is said that the goods were exchanged only on paper, but the money was paid accurately.
A certain portion of the huge incentives from the sales were recovered by the sales management team, and about 10% was paid to Lee Myung-hee as a silence fee.
From Lee Myung-hee’s point of view, he said that he had no choice but to accept it in order to cover the huge amount of non-insured medical expenses.
Actually, there is nothing wrong with this so far.
Anyway, from the company’s point of view, sales occurred, and there were profits.
The problem is that after the ghost operator directly received the stolen product, the VAT was refunded, and the product was distributed at a low price as a so-called ‘non-data product’.
At a much lower price than buying from a normal store.
Lee Myung-hee said that this problem would be more serious for agencies than directly managed stores.
The unit price for purchasing products is a bit high, but the agency that receives back rebates based on sales volume is doing the same thing.
In this process, it is said that the price was significantly discounted under the pretext of stocking.
The problem was that even the rebate amount was ridiculously overestimated at such a discounted product price, and that the management side recovered some of the overestimated rebate.
Of course, the company’s accounting data could not find any recovered rebates.
The ghost operators who took the item at the lowest unit price like that report the product as inventory and get a refund of the VAT, and the actual item is passed on to another ghost operator as a ‘non-data product’, and the non-data product is sold under the name of the lowest price on the Internet. .
The funny thing is that the real thing has never been moved during the process, and the products sold on the Internet are delivered directly from the Yuwon Cosmetics logistics team.
In other words, the company is in a situation where most of the margin is robbed by someone in the process of selling the product, while also bearing the logistics cost.
In this situation, no matter how many products were sold, the company would have no choice but to make a loss.
The reason Lee Myung-hee was able to know this in detail was because most of the store owners and directly managed store managers had maintained close friendships thanks to their sales training.
In fact, most of the reasons for embezzlement in companies with high margins, such as cosmetics companies and pharmaceutical companies, are to raise slush funds for the owner’s family, and the method is basically to inflate marketing expenses.
How to take a subcontractor, order about 10,000 samples, and make about 20,000 false purchase orders to get the cash back after deducting taxes. Or, there is a way to get the cost back from the manufacturer by making the ballpoint pen, USB, diary, etc. for marketing purposes.
Since embezzlement can be easily done by hiring only a few key figures from subcontractors, there is no reason to use other methods.
It was the first time even Ji-hyeok had seen a job as complicated as Yu-One Cosmetics, but when you get on multiple hands like this, you will eventually be exposed somewhere, so I wondered why you had to use this method.
However, his contemplation was not so to think that executive director Hwang Ki-seok was the destination of all money.
‘Did I do this to tie someone up?’
At that time, Seo-yeon received a call from secretary Ko.
“Uh, Secretary Go. Did you notice? uh, uh uh?”
Seo-yeon’s expression suddenly darkened, as if Secretary Go had conveyed a serious message.
“Once I got it. Good job, Secretary Go.”
Jihyeok asked cautiously.
“What is Secretary Go saying?”
“Executive Director Ki-seok Hwang… My second brother said he was an alumnus of college. Before coming to cosmetics, I worked at a construction company with my second brother.”
Seeing that the hand holding the steering wheel trembled, Jihyeok said to Seoyeon.
“Nothing is certain yet, so don’t jump to conclusions.”
“Secretary Ko saw that the payment was made at Yuwon CC last week in the details of Hwang’s executive corporate card, and after contacting the golf course to find out… she came with her second brother.”
“Do you think the second older brother did this?”
“I’m an executive at a construction company, so I’m going to be quick in that direction. Haa… what should I do?”
“There is nothing certain yet, so please send me a picture and a note from the person who will become your older brother. The most recent one, if possible.”
“all right. Will Jihyeok keep going to work?”
“No, I know everything I need to know, so let’s leave. As I said, Mr. Seoyeon, first of all, pay attention to borrowing people from President Moo-Seok Cha. Eliminate those who need to be cut out, and even those who will look after them will need some education.”
Seoyeon let out a deep sigh and said.
“all right. Thank you, Jihyeok. I will never forget this grace.”
“Then let’s see you when you write the investment contract in a few days.”
From noble mtl dot com.
***
The next day, manager Lee Myung-hee took the medical records and went to a general hospital in southeast Seoul to pay the monthly rent and move his son’s hospital.
After making reservations at a total of five general hospitals every hour, Lee Myung-hee headed first to ‘Mirae Asan Hospital’ operated by Mirae Group.
– Ding-dong!
“Jeong Seung-ho, the patient’s guardian.”
“Yes, it is me. Jeong Seung-ho’s guardian.”
“You can go into the 3rd treatment room.”
“yes yes. thank you.”
Upon entering the clinic, Myung-hee Lee saw the nameplate of Professor Baek Jong-cheol and nodded.
“Hello professor.”
“welcome. Are you Jeong Seung-ho’s mother?”
“yes.”
“I looked at the medical records in advance. however······.”
When Professor Baek Jong-cheol slurred his words, Myeong-hee Lee lowered his head and said.
“Isn’t it hopeless after all?”
“That’s not it… did you come to know about it?”
“yes? What is that…”
“At our hospital, we are conducting a clinical trial of a new drug for SMA, ah, muscular dystrophy. It is a product that has already completed phase 3 in the EU, and the effect is excellent. How would you like to put Seungho-kun on the list of new drug clinical trials?”
Lee Myung-hee sat down on the spot.
“Do, Dosa…”