Chapter 725: Chapter 366: Zhang Family Makes a Move
Late at night, Bai Group Finance Director Zhang Qingxian suddenly rushed into the local Tax Association’s office, his face filled with madness, and claimed that someone was trying to kill him.
The entire Financial Association focused on Zhang Qingxian’s report and immediately deployed a multifaceted security system.
Due to the suddenness of the incident and Zhang Qingxian’s sensitive status, the Financial Association, despite having the authority to investigate tax evasion, dared not investigate the matter alone.
Only when the supervising team and various regulatory personnel arrived did they take Zhang Qingxian to the examination office and have him explain the truth.
Still shaken, Zhang Qingxian, in front of everyone, cried loudly, claiming he was forced by Bai Group to fabricate accounts and evade taxes, totaling up to one billion over several years.
Moreover, Zhang Qingxian asserted that Bai Yunfei had dared to act so brazenly under the orders of a high-ranking figure in the Huadu upper echelon, who was backing Bai Group.
Tax evasion amounting to one billion, and it involved upper-tier figures?
Everyone present instantly became alert and began the investigation.
Firstly, the financial team led the security to seal off Bai Group’s financial system, then promptly took the auditors and accountants for independent investigation.
In just one night, when everyone arrived at work the next day, they suddenly discovered the world had changed.
Bai Group had been sealed off.
Bai Yunfei’s third uncle, a vice president of the Huadu Management Association, called the president, only to find his call was abruptly disconnected.
Meanwhile, Bai Yunfei’s third uncle had his door knocked open by a senior executive from the Huadu Management Investigation team.
The executive handed over a prohibition order, directly taking Bai Yunfei’s third uncle for investigation, forbidding him from seeing anyone.
During this period, Bai Yunfei contacted numerous companies.
These companies had initially signed contracts with Bai Yunfei but abruptly changed their stance, ceasing all business dealings with the Bai Family.
Even those banks that had agreed to financial partnerships with Bai Yunfei called to terminate contracts, even threatening lawsuits to make him bear all losses or face court actions.
In a short time, Bai Group, which had soared months ago, now faltered on the brink of bankruptcy, all within one night.
Nanting Villa.
A group of people gathered at Bai Yunfei’s villa, wearing worried expressions.
Zhou Ya’s mother, Zhou Qilan, rushed over from Yunzhou at once, bringing substantial funds to secure Bai Group’s financial chain.
But despite this, Bai Group remained in turbulent waters.
Zhou Qilan can help once but cannot always provide support.
Even if Zhou Qilan wants to help, she might be unable to.
The reasoning is simple.
Bai Group’s expanse is too vast; though Lu Hua Group in Yunzhou is sizable, it cannot wholly shoulder this mess comparatively.
"Big brother, what’s the stance of the Jin Family?"
Bai Yunfei’s cousin, Bai Huai’an, asked.
"Several members of the Jin Family claim they are busy and unwilling to meet; but in my opinion, they are just making excuses, simply watching us die without helping."
Bai Yuanxing said with an extremely grim face.
Few from the Northern family supported Bai Yunfei’s move to the South, and few held favorable views.
Thus, Bai Yunfei brought only extended family members to the South, with limited opportunities compared to the main family.
The key point is that though income might be less in the South, they are freed from pressures, retaining more freedom in their actions.
If there’s future development, they might even surpass the Northern main family.
With this mindset, many extended family members joined Bai Yunfei in the South.
Bai Yuanxing and Bai Huai’an are representative figures among them.
Both have been by Bai Yunfei’s side, serving as his right-hand men in family affairs.
"Other families are nearly the same. According to my tally, a total of 37 companies have launched coordinated attacks against us.
Some companies not only refuse compensation but even falsely accuse, claiming to terminate contracts due to our fault, seeking compensation from us instead!"
Upon hearing this, Zhou Qilan’s expression turned exceptionally grim.
In the upstairs living room, Bai Yunfei had a particularly grim face.
After moving South, he seldom mentioned his status as Young Master of the eight major business families in the Imperial Capital, yet his prestige remained undeniable, whether he mentioned it or not.
Previously, others pleaded for cooperation with Bai Family, considering it their utmost honor.
Now, faced with the first sign of trouble and with investigations still pending, these people quickly turned against him.
If he hadn’t recovered from his illness, merely hearing this news would have made him vomit blood in anger.
"Big brother, are we just going to stand by? Can third uncle exert some effort?"
Several women quickly asked.
These women include financial personnel from the main family and relatives from the extended families.
Sharing the same fate, they are equally anxious when their men face difficulties.
Bai Yunfei walked out of his room, immediately drawing everyone’s attention.
Everyone looked at him with hope, but Bai Yunfei’s face was filled with ugliness.
"I can’t reach third uncle’s phone."