Within two days, Zhang Jingwen, who was planning to travel abroad, was stopped.
A notice came down stating she couldn't leave the country, and the same applied to other executives of the financial platform.
There wasn't much explanation—just a direct restriction on leaving the country.
As for Zhang Tao, after discovering the truth about the situation, he led a large group to the platform to protest.
This incident was exposed by opportunistic journalists, quickly sparking a wave of cash redemptions.
As a result, the interest that was supposed to be distributed on the 15th was delayed until the 18th without any resolution.
Zhang Tao became anxious himself. His equity shares were gone, leaving only his three billion investment in the platform.
As long as the redemptions were processed normally, he could still have fifty to sixty million annual income.
In a few years, he could reclaim the principal in full, minimizing losses.
He would still remain a billionaire.
