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The Amazing Son in Law/

Chapter - 5057

Chapter 5057

Matthew did not expect that the young, smiling nightmare Michaela Joules would want to completely destroy him! However, in the next second, he realized the reason for it. The embezzlement of office funds is the most repugnant thing for shareholders of large corporate groups. Even if the shareholders hold a lot of shares, they generally do not directly intervene in the operation of the enterprise and instead leave it to the founders with smaller percentages of shares to manage. Many well-known large enterprises operate this way. Originally, if the company has a net profit of $500 million, after setting aside next year's budget, the rest of the money is typically distributed to all shareholders in the form of dividends, based on their proportional share of ownership. But Matthew, as the founder of the company, claimed it was in a developing phase, so he did not distribute any dividends and instead continued to fund the company from its profits. This allowed him to bring the company to a market value of ten billion dollars. However, Matthew himself only has 10% of the shares. If the $500 million were used for dividends, he would only get $50 million, and out of that, he would have to give nearly half to the IRS. It is because of this that Matthew engaged in money laundering, using the $500 million for investment instead of distributing it as dividends. In this so-called investment, he actually laundered money, sending $500 million out and putting at least $300 million into his own pocket. This was a way to get more money faster than honestly distributing dividends to all shareholders. For a large listed group like this, there are often a large number of acquisitions and mergers each year, and there is no guarantee that every acquisition will be profitable. Some projects may even fail. Matthew, taking advantage of this, planned the acquisitions single-handedly. But he never expected that Emily, who usually follows his orders and even has a touch of slavery towards him, would have so much evidence of his misdeeds and reveal it all to Michaela without hesitation.

In this way, by taking away the $500 million, Matthew is directly taking money that should have been distributed to the Joules family. How could Michaela, who has reached the position of head of the Joules family, spare him? Worse still, Emily also exposed Matthew's improper relationship with his adopted daughter. Once this is reported to the FBI, he will surely have to spend time in jail. Upon thinking of this, Matthew almost immediately made up his mind. No matter what, he had to reconcile with Michaela. So he looked at her and begged, "Miss Joules, as long as you are willing to let me go, I am willing to transfer all my shares to the Joules family at a 50% discount on the market price. This will not only allow the Joules family to profit hundreds of millions of dollars but also help them strengthen their control over the entire company. This is already far beyond the damages I have done to the Joules family's earnings. This is an absolutely sincere effort on my part..." Michaela smiled faintly and said, "Do you think your hundreds of millions of dollars have any value in my eyes? To the Joules family, reputation is far more important than money. If the Joules family were to harbor a beast like you for a few hundred million dollars, then would Patrick Joules's death have been in vain?"