Chapter 1572: Chapter 1572: Jumping in Despite Knowing it’s a Trap

Originally, Jacob Powell decided to gather the available funds in their hands, which would amount to around five billion dollars. However, to help the Powell Group completely overcome the crisis, it would still be somewhat difficult. After all, the Powell family only had the status of an earl, and they didn’t look as impressive as they seemed. It took all their effort to come up with that money.

He always wanted Quinn to live a worry-free life, spending money as she pleased, purchasing all her favorite jewelry and designer bags. Why could Xaviera Evans, who married Caleb Mamet, spend extravagantly, while Quinn had to be mindful of her family’s situation and not dare to spend? She even secretly sold her jewelry to make up for the losses in the Powell Group.

As long as the perfume was successfully launched, it would definitely sell well, and by then…

With clenched fists, Jacob hurriedly chased after them and caught up with Julius Powell, who was about to get in the car and leave.

“Julius, hold on a moment!”

Julius paused, slowly turned around, with a gentle expression, a smiling gaze, and an elegant demeanor, which made people couldn’t help but admire him. His thin lips lightly opened, “Cousin?”

Jacob Powell hesitated for a few seconds before speaking with difficulty, “I misspoke earlier. I didn’t know that you were here to invest. How about we go back and discuss this?”

Hearing Jacob’s words, the executives and shareholders who followed him were speechless. Mr. Powell still couldn’t let go of his pride. Since they were asking for investment, they should have the attitude of asking. Why should Julius Powell, who had 800 million dollars, invest in your company?

However, to their surprise, Julius merely smiled slightly in the next second, “Alright.”

Everyone’s admiration for Julius increased. This Mr. Powell was not only well-educated but also valued relationships. If it weren’t for his relative relationship with the Powell family, Mr. Powell would definitely not stay.

Moreover, if it weren’t for his relationship with the Powell family, he would not have invested 800 million dollars in the Powell Group, since it was currently mired in scandals, posing a high risk to invest in them.

Everything Mr. Powell had done was out of consideration for his relationship with cousin Jacob, yet Jacob showed no gratitude!

Consequently, Jacob, Julius, and the others returned to the conference room, yet Jacob was unsure about how to sign the investment contract.

A major shareholder asked eagerly, “Mr. Julius Powell, how do you plan to sign for this investment?”

No sooner had he finished speaking than Julius smiled and said, “I will sign… a betting agreement!”

…

Meanwhile, at the Lowen Clubhouse.

Caleb Mamet received a phone call from Eric Salt, his lips curving slightly, “A betting agreement?”

Xaviera Evans approached curiously.

Caleb’s voice was low and tinged with amusement, “If Jacob Powell agrees to sign a betting agreement with Julius, the tens of billions of dollars the Powell family invested will certainly be lost.”

Xaviera Evans was very surprised, as betting agreements carried great risks.

If you win, you can get multiple returns on your investment, but if you lose, you could lose everything.

Julius Powell had been working hard abroad for many years, creating his own industry from scratch. He was naturally a shrewd man. How could he possibly be so kind as to invest in the Powell Group?

Moreover, Caleb had said earlier that Julius had returned this time to completely ruin the Powell family.

With such thoughts in mind, and still wanting to sign a betting agreement with Jacob, it showed that Julius had a comprehensive plan.

The Powell family was in big trouble this time!

In Xaviera’s view, although Jacob was not a business-minded person, he should be well aware of the risks inherent in a betting agreement, so he was unlikely to sign it.

However, after some hesitation, Xaviera changed her mind. The Powell family desperately needed funds right now, and as long as someone invested, no matter what the terms were, Jacob had to sign.

Even if he knew it might be a trap, he had no choice but to jump into it!

At the same time, at the Powell Group.

Julius Powell was dressed in a dark blue suit, leaning elegantly against his chair. His cold gaze swept over Jacob Powell as if looking at a ridiculous clown, “Cousin, are you willing to sign a betting agreement?”

Everyone present was stunned.

Julius Powell continued, “According to the original proposal, I would invest 800 million dollars in the Powell Group. Once the perfume is successfully launched, you would share the profits with me according to a certain percentage. However, if the business fails, I require the Powell Group to compensate me six times the amount invested.”

Six times?

The people were shocked by this number. Six times 800 million dollars amounted to 4.8 billion dollars!

The Powell Group had only 3 billion dollars in cash at the moment. Otherwise, they wouldn’t have to look for investors everywhere. Now Julius was indeed willing to invest, but what he was asking for was a betting agreement.