Chapter 1360
Chapter 1360
Chapter 1360
N?velDrama.Org owns this.
Charles was excited all the way, "Mr. Jones, you take over thepany right on time! Mr. Mason has
changed dramaticallytely, and he is very critical of his employees. He has failed severalrge
investment projects, and he has lost a lot of money in the overseas market. If you hadn''t taken over the
Mason Group, we really didn''t know how long thepany could survive..."
Trevor''s eyebrows jerked, "What did you say? Overseas market?"
Sofia looked at Charles coldly.
Charles''s face changed color slightly. Then he pretended to have said something wrong and hurriedly
said with a smile, "Ah, you don''t know yet? Mr. Jones, please ignore what I have said."
Trevor shouted, "Tell me clearly!"
Charles had no choice but to tell them about the current situation.
The Mason Group was originally short of funds. After Cedrick came back, he invested abroad wantonly,
and hepeted with Trevor, causing the share price of the Mason Group to fall, so the investors
stopped their n to fund thepany.
However, the worst was yet toe.
This year, the main projects of the Mason Group were overseas because the group tried to expand
globally, but the financial crisis came, so all these projects went to waste.
Not only that, because the project was suspended halfway, the partners asked the group to
compensate them for their huge losses!
The Mason Group had lost a lot of money, so the group was unable to pay the liquidated damages,
which was the double amount of the investment...
In order to suppress the news of the failure in the overseas market, the Mason Group chose to
temporarily misappropriate domestic funds to pay liquidated damages, which became a case of robbing
Peter to pay Paul, and the group owed a lot of money to downstream suppliers.
Those suppliers had been fighting for a long time, but they also had been suppressed by Charles and
the security guards, so the words didn''t go out.
When Trevor heard this, he had a bad feeling in his heart.
Sofia’s eyelids jumped wildly.
"Do you mean that the Mason Group now owes a lot of debt? What about the bank? How much can we
lend from the banks?”
Charles sighed and then said helplessly, "We have been to manyrge and small banks, and finally a
small bank is willing to lend money to us, but they refuse to give us a loan as soon as they know
someone else will take over the Mason Group. After all, the banks only want to be the icing on the cake
and don''t want to help."
Now the Mason Group was a bottomless pit. Thepensation in the overseas market alone could
make the legal person of the group unable to bear it and go to jail!
Sofia felt angry and immediately said to Charles, “Take me to see the financial staff. I want to check the
ounts!"
Sofia''s body was somewhat wobbly, so Trevor hurriedly supported her, and Charles also went over to
support her.
Trevor asked a group of professional ountants to check the financial situation of the Mason Group
in the past two months.
Sofia had worked so hard to get the Mason Group, so she did not believe that the huge group had such
arge amount of debt...
Trevor was also worried and checked the ounts with the financial staff in person. He found that the
group''s overseas projects began to fail as early as a few months ago.
The group allocated arge amount of funding to the overseas market every day.
In other words, the overseas market brought down the whole group!
Every entry in the financial records was so clear that it was impossible to be fabricated!
Sofia''s temples were bulging because of anger. The more Trevor looked at the ounts, the more he
panicked. The daily outflow of funds from the Mason Group was more than the ie of hispany
in a year!