“I heard that place went bankrupt because of that incident, right?”
“Really? But they still withdrew?”
“Yeah. They handed over all the purchased land. I heard they gave it away at almost cost price.”
“That’s crazy.”
“Right.”
When you say they sold it at cost, people might think there’s no loss. But when trading land, there are taxes, and I don’t know what kind of place Injung Construction is, but when doing construction in Korea, loans are essential, so they must have taken out loans. And of course, there would be interest. But they gave all that up and sold it at cost?
“It seems like there was some kind of problem.”
“Yeah. After that, those people got out of the construction business, so there’s no detailed information. There’s no reason to dig into it.”
Park Do-joon nodded at those words. That was enough.
“It’s an internal organization.”
“How do you know?”
“If it were an illegal organization, things would have gotten quite messy. The police might have gotten involved, or there might have been lawsuits or accusations, or at least police intervention. But if it’s an internal organization, there’s no further relationship once the transaction is over.”
“I don’t understand.”
“To put it simply, why would you use an illegal organization?”
“I wonder?”
“It’s easy to cut off the tail [to disavow involvement].”
If you use an external organization and they cause problems while handling things, then you can just cut them off. On the other hand, it’s harder to cut off an internal organization later on.
“Then isn’t it normal to use an external organization?”
“Of course, it may seem that way at first glance. But external organizations are difficult to control.”
Internal organizations, on the other hand, tend to stay within reasonable limits on their own. Because if they get caught doing something stupid, it harms the higher-ups.
So, they usually just do what they’re told.
“Of course, it’s not that there aren’t cases where they’re loyal on their own.”
Rather, companies that run illegal organizations tend not to place such people there.
Because there are surprisingly many cases where they become uncontrollable while being loyal on their own.
“So, those organizations prefer people who only do what they’re told.”
“So? That incident was an internal organization’s doing?”
“Yes, if it were an external organization, it’s highly likely that it wouldn’t have ended with simply withdrawing from the business.”
Violent organizations are vicious. Once they latch on like a beast, they keep clinging relentlessly.
“Even if they’ve already squeezed someone dry once because of a request, they don’t give up easily.”
They’ve already paved the way, and the other party is terrified of them. So, if they ask for money, the other party can’t deny it or report it.
“In fact, many corporate crimes are revealed because of such mistakes.”
They think they can squeeze more out of them, but when the victims explode after enduring it, they report it, and then the criminals blab to survive.
“Of course, it’s all useless anyway.”
Even if criminals blab about the company or individual that ordered the crime to save themselves, the police cover it up and only deal with what the criminal organization did in relation to the damage.
And in most cases, the victims are retaliated against and ruined or commit suicide.
“But internal organizations are less likely to do that. Because they’re employees anyway.”
No matter how much they’ve squeezed out, they’re still employees, and if they secretly did that and squeezed out more money, would they really be protected? Sadly, no.
“The motives and behavior patterns of criminals are quite different from those of ordinary people.”
Even if criminals are hired to do a job, they later demand money or power and act like bullies. On the other hand, ordinary people don’t want to take risks, so they quietly shut their mouths.
Therefore, realistically, there are usually two reasons why they extort money after the job is done.
First, the criminal organization is personally interested and tries to extort it, and the other is that a guy who left the organization within the company commits the act to desperately get money.
“But quietly folding and living quietly afterward means that other violent organizations are unlikely to pursue them.”
“Not because they’ve already eaten everything?”
“No. Extortion doesn’t just end like that.”
The guy who initially demanded 1 million won will demand 2 million won next time, and then 3 million won.
“Criminals don’t give up on those who are perceived as easy targets.”
Moreover, the organizations working in construction are full of ignorant guys. Of course, those guys will go to past victims and try to squeeze out even a penny if they’re short on money.
“There are only two ways to prevent that.”
Either completely control the other party, or give them enough money to satisfy them.
“But the former is impossible.”
Even people who initially thought 10 million won would be enough will immediately increase the amount to over 100 million or 200 million won. In most cases, the process of violent organizations cutting ties with companies is done through such a process.
Initially, they outsourced the work, but later they embezzle money or cause bigger accidents, so more money is needed to cover it up.
“Companies really like outsourcing.”
Therefore, of course, they initially try to solve violence through outsourcing. But such outsourcing of violence creates more problems, and to solve those problems, they eventually create an internal organization to solve them.
“Isn’t that right?”
“Well…….”
“Hyunseong Group must have an organization to solve problems internally, right?”
“Of course. Ah, of course, we don’t cross the line.”
It’s so common for companies to bribe reporters to hide information that’s unfavorable to them that it’s not even considered special.
“But illegal actions are a different story.”
Even if one of the existing companies went bankrupt? That means they transferred all the damage to them, and that couldn’t have been done in a legal area.
“Then, extortion was used, not negotiation.”
“Well…….”
“And one of the methods is to use the political world.”
“The political world?”
“I heard that Teriam has many connections in the political world?”
“I guess so.”
To change the use of land and build a large golf course or resort, you must have connections with the political world. In fact, there’s almost no way to do that kind of construction in Korea without bribing the political world.
“Then it’s even more likely to be an internal organization.”
“I guess so.”
Dare to send gangsters to a member of the National Assembly [Korea’s unicameral legislature]? The next day, the National Tax Service will come and shake them to their souls.
“In that respect, Teriam Group is likely an internal organization.”
“Is that so? But I don’t know what you want me to do about it.”
“It’s not about what I want you to do. It’s give and take.”
“Give and take?”
“I would appreciate it if you could leak some information.”
“Information?”
“Information that we succeeded in finding important information.”
At those words, Chairman Bae Deok-gi looked at Park Do-joon with a serious face. Then he carefully asked.
“Do you know that they won’t stay still?”
“They will.”
“Knowing that, you’re asking me to spread such rumors?”
“Yes. Of course, there will be benefits.”
“What benefits?”
“If the Teriam Group tries to protect Kang Seok-doo, what do you think will happen?”
“That’s…….”
Of course, they’ll be criticized socially.
“Are you telling me to play with the stock if the stock price drops? I’m sorry, but it won’t work. Teriam Group’s public business is smaller than you think.”
Golf courses have a strong feeling that they are only for the rich, and the golf courses operated by Teriam Group are using such a high-price strategy.
The resort is the same. They may be criticized for a while and may drop slightly, but they won’t drop enough to play with the stock.
“In the first place, the name Teriam Group itself is not widely known.”
Most resorts don’t promote the name of Teriam Group, but the name of the famous resort itself. In such cases, even if there is a problem with Teriam Group, the impact on the resort will naturally be less.
Of course, in this case, it is difficult to expect a drop in stock prices.
“I’m not telling you to aim for a drop in stock prices.”
“Then?”
“I’m telling you to help the next successor of Teriam Group.”
“The next successor?”
“Can Kang Gu-chan keep his position?”
“Hoo?”
It’s probably impossible. He ruined the company’s image by using its power to protect Kang Seok-doo. Of course, he may not be punished legally. In fact, concealing a family member’s criminal behavior is not punished by law.
“But apart from that, the company’s employees and executives are a different story.”
“There will be confusion.”
“Yes.”
And Kang Gu-chan will lose the support and power to cover it up. Can he keep his position when Kang Seok-doo is charged with murder, no, terrorist murder?
“Teriam is not a big company that we have to be mindful of, is it?”
It’s in the group title, but realistically, Teriam is not a very big company. It’s not even in the top 100, let alone 200.
“I’m not being mindful. It’s just right as an affiliate.”
“An affiliate…….”
“The eldest son’s management skills don’t seem to be outstanding.”
“It doesn’t seem like it. But how did you know that again? He’s never been on the front lines?”
“Isn’t he running an entertainment company now? But when I look at it, he doesn’t seem to be doing anything properly. He launched a girl group and a boy group within a year, but he doesn’t seem to be promoting them properly.”
To put it nicely, his management skills are mediocre.
“Teriam will have a hard time in that situation.”
“Why?”
“Their main business is golf courses.”
“Ah!”
The son is a terrorist murderer. And Kang Gu-chan will try to use their power to cover up the crime.
“But once it becomes an issue, everyone will cut ties. As far as I know, the golf industry will falter in such cases.”
“Oh, that’s definitely true.”
The money that golf course business makes is not the money they use on site. That’s the part that people often misunderstand. They think that the people who play golf on the field spend money and that money makes a profit.
Of course, the prices at golf courses are expensive, but that’s not enough to maintain such a large golf course.
In fact, the maintenance cost of such golf courses is more than their income, but their membership fees.
The reason why they pay membership fees and use the place is simple. The people who use the place are worth that much [it’s a status symbol].
“In Korea, golf courses are not just an area for exercise.”
In fact, it’s hard to see golf itself as exercise. How much exercise can you get from walking slowly or riding a cart and hitting a ball once? In Korea, golf is more often used as a tool for entertainment or making connections than exercise.
“But once this incident breaks out, that network line will start to collapse.”
“I guess so.”
No matter how much Kang Gu-chan knows them and is the CEO of a large company, it’s obvious that they’ll be reluctant to ask him to save his son.
It’s not a simple theft or assault that can be covered up, but terrorism, a terrorist attack that killed many people.”