1929 I am a chaebol in the United States

On the day when Lu Chen's fashion show was in full swing, the Supreme Court of the United States was conducting a highly influential review. At this time, three senior executives of Bank of America were sitting in the dock, and their lawyers were describing the crimes they had committed.

"Your Honor, the defendants abused their positions to embezzle bank depositors' funds for personal investment. This has dealt a huge blow to the bank's reputation and caused immeasurable losses. Your Honor and the jury please find them guilty."

After deliberations by the jury, several people were found guilty, and because the amount of money embezzled was huge and not returned, the jury recommended that the judge impose a heavy sentence.

Finally, the judge found several people guilty and put them in prison.

Bank of America is one of the oldest banks in the United States and the largest bank in California. Therefore, many small and medium-sized banks in California that do not have their own vaults will give their funds to Bank of America for safekeeping.

As soon as the news from the court came out, people in California immediately began to panic. They were worried that they would not be able to withdraw the money they deposited in the bank, so they began to rush to major banks frantically to withdraw their deposits.

Such a large-scale run immediately caused a cash crisis for many small and medium-sized banks, and they all went to Bank of America to withdraw their money. Because the last stock market crash led to a large number of bad debts and dead debts, many weaker banks went bankrupt.

With the collapse of the first bank, the panic among depositors became more intense, and a larger-scale run on the bank began to break out. Not only that, the run on the bank intensified and quickly spread from California to other states in the United States.

The bank run spread to New York, which plunged the National Bank, which had already stabilized the bank run crisis, into crisis again.

In the office building of the National Bank, Yakochi was reading the newspaper. His face was terribly gloomy. Facing the bank run, he was helpless. He had no way to raise funds. So he immediately asked people to seek help from the Federal Reserve and the state government.

Hamilton directly rejected the request for help from the National Bank. The Federal Reserve's main rescue target is banks such as the Bank of America, and they can only say that they are powerless to help the National Bank.

Governor Franklin summoned all the bigwigs on Wall Street as soon as the bank run occurred to discuss how to overcome this difficulty. So when they received the call for help from the National Bank, they immediately discussed it.

Finally, a solution was agreed upon, which was to merge Guozong Bank with two other banks into one bank, so that Guozong Bank would have enough funds to survive the crisis.

But at this time, someone spread the news that Henry abused his power, misappropriated the funds of the National Bank, and approved loans in violation of regulations. This immediately brought the merger of the three banks to a standstill.

It also directly reduced the credibility of the National Bank in the hearts of the people to the lowest level, making all the plans of the state government fail. The National Bank was also on the verge of bankruptcy.

But these news did not affect Lu Chen at all. On the second day of the fashion show, all the major newspapers in New York published Lu Chen's fashion show and attached photos of various performance costumes. Of course, this also gave Lu Chen a taste of buying hot searches.

Because Lu Chen bought the trending search, the textile factory's clothing sales finally started to boom. Many merchants called to order the clothes from the fashion show. In addition, the quality and style of the clothes produced by Lu Chen were pretty good.

This made the sales of clothes even more popular. Even some European merchants sent telegrams to order these clothes. Lu Chen's textile factory became famous for a while. Even the sales of nylon fabrics began to pick up.

It is said that when a person becomes famous, he or she is prone to gossip. This factory is just as famous as the person. Seeing that Lu Chen's factory is selling well, other factories in the United States have also copied it. The market is full of knockoffs.

At one time, Lu Chen received many complaints from consumers, and the reputation of Lu's Textile Factory plummeted. This made Lu Chen curse in the office.

"Damn it, I'm going to sue them. They're infringing on our intellectual property. Fu Mingzhuo, please contact a lawyer for me. I'm going to sue them in court. I'm going to sue them until they go bankrupt."

Fu Mingzhuo said with a wry smile:

"There are so many factories that copy our products that even if we sue, the court may not accept it. In addition, the US economy is so bad now, with so many unemployed people, the government will not allow so many companies to go bankrupt."

Lu Chen said angrily, "Are we just going to let it go? If they continue like this, our factory's reputation will be ruined."

Fu Mingzhuo spread his hands, indicating that he had not yet come up with any solution.

Lu Chen thought for a moment and said, "Since we can't bankrupt all of them, let's just take one of them as our first choice. Go find someone to find out which factory is the largest one that copies our clothing. As long as we take down the largest and most powerful one, the smaller ones won't dare to copy our products."

Fu Mingzhuo thought about it and felt that Lu Chen's idea was very good. He quickly said to Lu Chen:

"Okay, I'll do it right away."

After Fu Mingzhuo left, Lu Chen thought that if he relied on Fu Mingzhuo alone to investigate, the speed would definitely be very slow. If he waited a month to find out the company, by then it would be too late.

So he picked up the phone again and started looking for his friends for help. He first called Favre. Favre was the police chief of New York. It should be easy for him to find out which companies were copying the clothes made in his factory.

Not long after Lu Chen called, Fei Fuli picked up the phone. Knowing that it was Lu Chen calling, he asked:

"It's Lu Chen. You called me. Is the motorcycle ready?"

Lu Chen said quickly: "Uncle Feifuli, it's only been less than a month. How can I be so fast to produce so many motorcycles in such a short time?"

"So what's the matter with you calling this time?"

"Uncle Feifuli, do you know that there are a lot of imitation Lu's clothes on the market recently. This has caused great losses to our company. I came to ask you to help find out which company produced these clothes."

"Lu Chen, our police station has been busy lately. I really can't spare anyone to help you investigate this matter. You should find someone else."

Hearing what Feifuli said, Lu Chen did not force it. He thought for a moment and continued:

"Does Uncle Feveri know anyone who can help me investigate this?"

Favre said, "If you really want to check, I can recommend a company to you."

"What company, Uncle Feveri, tell me."

"That Pinkerton detective agency I told you about last time. They take cases of this nature."

Lu Chen quickly said, "Uncle Feifuli, do you have their contact information?"

Fei Fuli said: "Wait a moment, I will help you find it."

After Lu Chen waited for a few minutes, Feifuli's voice came again:

"Lu Chen, take a pen and paper and write it down. The current owner of Pinkerton is Sanchez Pinkerton. His phone number is XXXXXXXX."

"Thank you, Uncle Fefferi. I've got your contact information."

Lu Chen chatted with Fei Fuli for a while before hanging up the phone.

After Lu Chen finished talking to Fefferi, he called the Pinkerton Detective Agency according to the contact information he had written down.