Speaking of Jia Yueting, it can be said that everyone knows everyone.
He pioneered the Internet car manufacturing, relying on extraordinary eloquence, using only a few pages of PPT to harvest 150 billion yuan of domestic property.
In the end, he found that he could not cut it, and simply absconded to the United States on July 5, 2017, leaving only one sentence: "Return to China next week", and never returned to the United States.
Jia Yueting
The same "ruthless man" we are going to talk about today.
His name is Wang Xiaolin, he is a well-known lawyer on Wall Street in the United States, and he has fought countless lawsuits.
After the rise of new energy vehicles, he was obsessed with money and founded the "Sailin" company under the banner of "popularizing sports cars", and used this to deceive the country of 6.6 billion.
When the truth was revealed, he had already absconded with the money and has not returned to the United States.
Even when someone asked him when he would return to China, he did not pretend like Jia Yueting, but directly said: "There is no point in returning to China."
So, who is Wang Xiaolin? What about the scam he created?
Wang Xiaolin
Elite lawyers, into the business world
Wang Xiaolin was born into a family of intellectuals.
His father was a lawyer who was proficient in Chinese and had worked as a translator for the Flying Tigers.
In 1989, Wang Xiaolin graduated from Xiangtan University, and after working for two years, he was given the opportunity to study in the United States because of his excellent performance.
At that time, there were very few high-level intellectuals on the mainland, and those who could get the opportunity to study abroad were even more dragons and phoenixes, and Wang Xiaolin suddenly stood on the tide of the times, which can be described as the son of tomorrow.
In 1998, Wang Xiaolin successfully obtained a doctorate degree from Duke University in the United States, and as soon as he graduated, he entered the famous Carly law firm in the United States.
After working for two years, Wang Xiaolin jumped directly to The Kelly Bad law firm in New York.
The firm is the oldest firm in the history of the United States and has the highest strength in the world.
Because he often handled commercial disputes, although Wang Xiaolin did not understand business, he also found a way out in the long-term tempering, which also laid the foundation for him to later devote himself to business.
In 2004, Wang Xiaolin became the first Chinese partner at Calvarad and rose to prominence as an Asian affairs manager.
His salary has also risen, from more than $100,000 as a lawyer to more than $6 million, and he owns planes, mansions and yachts.
Because he mainly handles transnational disputes, Wang Xiaolin often assists in some sino-US litigation.
When it comes to Chinese, he always argues on the basis of reason and strives to safeguard the rights of the Chinese people, which also makes him gain a good reputation.
At this time, Wang Xiaolin can be described as both fame and fortune, no matter where he goes, anyone must look up to him.
However, his desires obviously did not stop there, and soon he began to use his expertise to make more money.
Wang Xiaolin loved luxury cars the most in his life, owning 48 luxury cars at his peak, and in order to keep them properly, he even rented a floor as a parking lot.
In his career as a lawyer, he has come into contact with many business tycoons, and they all have luxury car business under their hands, and Wang Xiaolin thinks left and right, and has the idea of sharing a piece of the pie.
But how do you do business without the money?
So, he found an old acquaintance Yang Rong.
Yang Rong is the founder of Zhengdao Group and the first person in mainland China to list shares on the New York Stock Exchange.
He was once mired in an international dispute over an acquisition, and it was Wang Xiaolin who served as the legal leader to help him escape the siege.
Yang Rong
At this time, Yang Rong transferred his wealth to the United States, but he was not familiar with the American life and was not good at conducting business.
Wang Xiaolin is very familiar with the United States and has a wide range of contacts, and he is suffering from a lack of funds and cannot start.
The two were very happy to see each other, and after chatting about the situation, they immediately formed a company called HKAC.
However, because the two were pregnant with ghosts and only wanted to use each other, their relationship did not last long.
Wang Xiaolin is talented but has no money, so he wants to borrow Yang Rong's name to raise funds.
And Yang Rong is not so stupid, he does not want to help Wang Xiaolin make a wedding dress, only wants him to be the guide of the United States, first put the enterprise on the right track.
But who is Wang Xiaolin? He was well versed in the law, not only stepping out of Yang Rong's CEO position, but also transferring a lot of money and gaining control of the company.
In this way, Wang Xiaolin's empty gloves white wolf, equivalent to getting a legal company in vain, can make Yang Rong angry, but he has nothing to do, only to get back the initial investment of $1.5 million.
However, without partners, Wang Xiaolin's life is not good.
The company encountered problems in its development, and he urgently needed to find another helper who could carry the beam.
That's when he thought of Terry McAuliffe.
This old McCollect is not simple, he is the former chairman of the Democratic National Committee, once served as the chairman of the Clinton and Hillary Campaign Committee, and once assisted Obama in his promotion, which can be said to be a well-known figure in the United States.
In 2009, Old Mai was named a candidate for governorship.
In order to win votes, he is naturally very hardworking.
Wang Xiaolin saw this opportunity and approached Lao Mai, saying that he could add a large number of jobs to his district and help him win the position of governor.
Old Mai (left)
Lao Mai was very happy and quickly asked Wang Xiaolin what to do.
Wang Xiaolin then told his plan.
It turned out that there was an immigration program in the United States at that time called EB-5.
The program stipulates that foreigners who invest more than $500,000 in the United States have the opportunity to get a U.S. green card.
As a result, many people who want to get a green card choose to invest their money in other companies to pass the audit.
As soon as Wang Xiaolin saw the money, he immediately moved his crooked mind, and he pondered bitterly: How can we let those people invest in themselves?
Finally, I came up with an idea, find a person with social prestige to endorse his credit, which will definitely attract investors.
Old Wheat
In this way, Wang Xiaolin and Lao Mai hit it off, one providing vote support and the other giving each other a platform.
Lao Mai also merged a hybrid car company with Wang Xiaolin's company to form the Green Technology Automobile Company (GTA).
Later, in order to specialize in new energy, Wang Xiaolin also bought Euauto for $16 million and introduced a small electric vehicle called mycar to the United States.
Wang Xiaolin then promised to provide a huge number of jobs, and mississippi heard that Wang Xiaolin invested in the construction of factories in the local area.
At the press conference, Wang Xiaolin also invited celebrities from the political and business and entertainment circles to sit, and many people drove this new car, and the scene was very spectacular.
After this day, Wang Xiaolin's reputation spread at once, and the financing could be described as giving way to all kinds of concessions, and in 4 years alone, he made $130 million from people who intended to obtain green cards.
However, at this time, GTA encountered an unexpected dilemma.
Old Mai's campaign for governor failed, and he decided to give up business and concentrate on politics, so he quit the GTA.
And Wang Xiaolin has less shelter, and the scam has gradually been exposed.
He had only wanted to make money through the immigration program, had no intention of making cars, and for several years the factory had not produced, let alone provided jobs.
All walks of life in the United States jointly denounced Wang Xiaolin and demanded that he pay a price, but Wang Xiaolin was worthy of being a lawyer, and he saw that the situation was not right, and he had quietly withdrawn from the GTA company, and also gave the company's money away, leaving only a piece of chicken feathers for others to clean up.
Returned to China, cheated 6.6 billion
After Wang Xiaolin cheated a huge amount of money, his life was really dashing.
But his reputation in the United States was utterly stinky, and no one wanted to believe him anymore.
But Wang Xiaolin didn't care, in his opinion, making money there is all about making money, so why not continue in another place?
So he set his sights on the motherland on the other side of the ocean.
This time, though, he has mapped himself up more decently, and the tricks used in the scam are more sophisticated.
The old method, Wang Xiaolin plans to find a car brand as a cover first to facilitate the next action.
The brand he chose this time was SALEEN.
Saleen's founder, Steve, is a world-renowned racing driver who has competed in more than 500 racing races and won 168 championships.
After retiring from the army, he founded a brand and began to produce "American supercars", because of his beautiful shape and strong power, he was loved by the rich, and also appeared in movies such as "Transformers", "Iron Man", "Impostor God" and so on.
Steve himself is also known as the "father of American supercars" and has been selected as a sports car master of the same status as Ferrari and Porsche.
However, SALEEN was in poor shape, with only $7,200 on its books in 2013 and on the verge of bankruptcy.
Wang Xiaolin was overjoyed and acquired the intellectual property rights such as saleen's product use rights for $500,000, and changed saleen's name in China to "Sailin".
At this time, the mainland attaches great importance to new energy vehicles and urgently needs a group of entrepreneurs with car-making capabilities.
With the endorsement of SALEEN, Wang Xiaolin's reputation became so famous that he became a car-making talent scrambled everywhere overnight.
However, Wang Xiaolin also has a weakness, that is, although he is famous, he does not have automobile production qualifications and cannot work in a fair and upright manner.
Pang Youth
At this time, he found a new partner, Pang Qingnian.
He once threatened to build a "water hydrogen car" so that future cars can run with water, but he is also an old lai, and has been listed by the court as a dishonest executor 20 times.
Pang Qingnian has a "youth car" under his hand, which happens to have production qualifications, but because of his identity, he has no way to devote himself to the field of new energy vehicles.
Wang Xiaolin consulted with him, and the two hit it off, one providing automobile production qualifications, the other providing new energy qualifications, and jointly planning a car-making business.
Jiangsu Rugao Municipal Government has vigorously introduced investment since 2010, hoping to develop new energy vehicles, Wang Xiaolin volunteered to build a factory here, which was strongly welcomed by the municipal government.
In 2016, the long-planned "Jiangsu Sailin" project was finally completed, and Wang Xiaolin assured the Rugao municipal government that it would start research and development of new energy vehicles as soon as possible, however, the factory needed to start up with 10 billion yuan.
The 10 billion yuan was quickly settled, of which the municipal government invested 3.4 billion yuan, and the remaining 6.6 billion yuan was financed by Wang Xiaolin.
However, Wang Xiaolin just wanted to take advantage of the opportunity to make money, and he did not plan to build a car at all, so how could he pay for financing?
This also did not bother Wang Xiaolin, who set up four companies, and then sold the four sports cars owned by Sailin to them, a total of 6.6 billion, and then let these four companies buy shares in Sailin and promise them dividends.
This is equivalent to Wang Xiaolin not having a penny, and taking money and shares by empty gloves and white wolves.
Fast forward two years, when other automakers that received government investment had basically produced finished products, however, Wang Xiaolin's Jiangsu Sailin did not even have any news, which made the public suspicious.
In order to prevent being investigated, Wang Xiaolin decided to throw money to release smoke bombs.
Pang Youth
On July 20, 2019, Wang Xiaolin spent 120 million yuan to hold a press conference called "Sai Lin Night" at the Bird's Nest, at which Wang Xiaolin announced the four cars developed over the years.
However, these cars were all indiscriminately charged by him, either modified by old models or not put into production at all.
The only thing wang Xiaolin can achieve mass production is a small car called Sai Lin Mai Mai, which has extremely poor performance and is priced at up to 158,800 yuan, which is known as "Old Man Le".
Night of Sailin
As the external doubts grew louder, Wang Xiaolin gradually could not hide, which coincided with pang youth's bankruptcy, and Wang Xiaolin's automobile production qualifications were also lost.
In the storm and turmoil, Wang Xiaolin always held on hard, refusing to admit his mistake.
At this time, a whistleblower letter issued by Qiao Yudong from the legal department of Sailin Company completely revealed the inside story.
The letter said that Wang Xiaolin, under the pretext of selling technology, actually embezzled a large number of state-owned assets, causing a bad impact.
After Jiangsu Rugao gave 6.6 billion yuan to Sai Lin, Wang Xiaolin secretly entrusted his wife to transfer assets, and has transferred all the money overseas.
The factory did not really develop and put into production from the beginning, all of which was a cover for Wang Xiaolin to make money!
As soon as this news came out, Wang Xiaolin's credit quickly collapsed, and the company's employees resigned one after another, leaving only a mess.
What about Wang Xiaolin at this time? Where are the others?
No one expected that the old fox had already returned to the United States and had shifted the responsibility to others.
At this time, Wang Xiaolin was sitting on hundreds of millions of assets, and there was a mixture of wind and water.
When the reporter asked him if he planned to return to China, he would initially say: "During the epidemic, do not cause trouble for everyone." ”
Later, he didn't even put on his clothes, and directly and dismissively said: "There is no point in returning to China." ”
In this way, Jiangsu Sailin quickly collapsed with Wang Xiaolin's escape, and the grand cause of building cars in the past could not even be seen in the shadow.
As the sino-US conflict intensifies, I believe that the good days of people like Wang Xiaolin are coming to an end.
The Chinese nation will surely rise, and when we stand proudly in the world, it will be the time when these people who have hurt our national feelings will be judged!
At that time, people like Wang Xiaolin will definitely be nailed to the column of shame of history!