Chapter 630 Director Elmer
At 2:30 pm, FBI headquarters in Washington, Veranith's office.
âIRS?â
Hearing what the female agent said, Veranis looked stern and asked hurriedly:
âWho is the other party? Did you say why you are looking for Luo An?â
The situation and status of the IRS department is really special in the Federation. Even Veranith subconsciously started to think in the worst direction when she heard this word.
âThe other party stated that he was from IRS-CI.â
This female agent is a receptionist at the building on the first floor. She briefly described the other person's figure, appearance, words, etc., but she did not know the other person herself.
Roan's expression remained unchanged. Based on the descriptions of the female agents and others, he guessed the identity of the other party. He looked at Veranith and said:
âIt should be Director Elmer of IRS-CI.â
âOK.â
âAre you the only one in this office?â
Waving her hand to signal the female agent to leave, Veranith said with a serious face after the door was closed:
Roan was stunned for a moment when he saw Director Elmer's expression, but he didn't panic at all. He stretched out his hand to shake hands and said with a smile:
Taking the elevator downstairs, Luo An soon saw the IRS the female agent was talking about in the lounge on the first floor. Just as he had guessed, it was Elmer, the director of IRS-CI (Internal Revenue Service Criminal Investigation Division).
So when it was learned that Elmer's purpose of coming this time was to find Luo An, many agents silently appeared near the lounge. They all wanted to know what happened. Did the other party come to Luo An for help or arrest Luo An? .
âYou can just call me if you need something, why bother to go there in person.â
âOK, thank you, sir.â
Amid the curious eyes of passers-by, Luo An and Director Elmer walked into the elevator together and returned to Investigation Team 13.
The top and third leaders of this large FBI department have agreed, and there will definitely be no one who will object to this without opening their eyes.
âI will go to Mr. Clementâs office later to discuss the bombing and the establishment of a âspecial investigation teamâ with him.â
Entering the team leader's office, Luo An poured a cup of coffee for Director Elmer. Director Elmer still looked tense and asked in a serious voice:
Due to concerns about certain issues, the office area of ââthe No. 13 Investigation Team will conduct a comprehensive inspection every two days to prevent the occurrence of eavesdropping, recording, surveillance and other equipment that does not belong to the No. 13 Investigation Team, and the team leader's office is no exception.
Veranith is not worried at all about whether Luo An can become the leader of the "Special Investigation Team".
Luo An smiled and nodded, exchanged a few brief greetings, got up and left the office first.
âOK.â
Veriness was slightly relieved to know the friendship between Roan and Elmer.
In addition to Mr. Clement, FBI Director Robert would also not mind coming out to say a few words to Luo An.
But today when Elmer saw Luo An, he was not smiling as before. On the contrary, the corners of his mouth were curved down and his face was gloomy, and he looked very serious.
Coupled with Elmerâs IRS identity, the first reaction of strangers when they saw him was definitely âIâm screwed.â
Luo An frowned slightly, understood the meaning of Elmer's words, turned around and replied seriously:
âI check this office every day. It is absolutely safe. There are no eavesdropping or monitoring devices. You can rest assured.â
Elmer stretched out his hand and shook hands with Luo An, with a solemn expression on his face, and said directly:
âGo to your office.â
âOK.â
After receiving Luo An's chest-beating assurance, Elmer breathed a long sigh of relief. The serious and tense expression on his face disappeared instantly, replaced by a bitter look. He took Luo An's hand and whispered:
âLuo An! You have to help me!â
ââ¦â Elmerâs expression changed so quickly that Luo An didnât react. He was stunned for a moment and pulled out his hand with force and asked:
"what happens?"
âDo you remember the time we drank together before?â (Chapter 552)
Elmer sighed dejectedly and said with a gloomy face:
âYour guess is correct, there is indeed something wrong with that **** Bernard Madoff! He is indeed running a Ponzi scheme!â
Elmer said that after he left the bar that day, he began to quietly investigate Bernard Madoff.
You donât know if you donât check, but when you check, Elmer is shocked to find that Bernard Madoffâs return on investment is actually a line that keeps rising, never falling, and is a hundred times more stable than the stock market!
This is obviously abnormal, because the stock market rises and falls, and investment cannot always make money. Loss is the norm for most people.
âI initially thought that Bernard Madoff was using his position as chairman of Nasdaq to use insider information to trade or front-run.â
Elmer sat on a chair, covering his face with his hands, and whispered:
âAfter investigating for a period of time, I found that this guess was wrong
Then there is only one truth left: a Ponzi scheme. "
Luo An picked up the coffee and took a sip, then asked in a low voice:
âYou canât get your money back?â
I remember Elmer said before that he also handed over his own funds to Bernard Madoff's investment company for management.
âNo, Iâve got my money back.â
Elmer shook his head:
âI donât have much money, itâs not even a change to Bernard Madoff.
I submitted the application on the grounds that my family had a sudden change and I needed money urgently. Within three hours, all the principal and "investment income" were credited into my account. "
âItâs so fast.â
This did surprise Luo An. Seeing Elmer's increasingly silent face, Luo An put down his coffee cup and asked in a serious voice:
âWhat are you going to do?â
âI want to expose this cousinâs bastard!â
Elmer took a deep breath and said in a deep voice:
âThe apparent amount of the fund owned by Bernard Madoff has accumulated to 50 billion.
But according to my secret investigation, the actual amount of that fund is less than one-third of the figure on the book, and the rest is a bubble!
Not only that, Bernard Madoff has always claimed that his foundation only manages funds for wealthy people, and ordinary people are not qualified to enter.
But in fact, from 2000 to now, the vast majority of members who have joined that foundation are middle-class families in the federation! Their number has grown to nearly 30,000! "
Luo An nodded. This is a normal operation. The underlying logic of the Ponzi scheme is to hand over the money of new entrants to the first to join in the name of "interest", and then continue to develop layer by layer.
The problem is that the overall number of new entrants is limited, and the number of wealthy people in the federation is even more limited.
After all the wealthy people entered the foundation, Bernard Madoff could only focus on the lower middle class and hand over the money of the middle class to the first wealthy people to join in order to maintain the scam.
âBernard Madoffâs status is too high.â
Roan refilled Elmerâs cup with coffee and said in a deep voice:
âHe is a member of the Wall Street Securities and Exchange Commission, and he has even participated in the formulation and revision of many of the Securities and Exchange Commissionâs rules.
Hence, it is simply impossible to bring down Bernard Madoff from the Securities Regulatory Commission. "
Elmer nodded. He had worked in the IRS for so many years, and he understood very well the operating logic of various departments within the federal government. He also understood that the Securities and Futures Commission was unreliable. He even suspected that the Securities and Futures Commission and Bernard Madoff might be wearing Same pair of pants.
âThatâs why I came to find you.â
Elmer raised his head and said solemnly:
âLuo An, you are the best team leader in the FBI, bar none. I need your help.â
(End of this chapter)