Today, the section chief saw a video and felt it necessary to share with B friends to learn some lessons. He was once seen as a life winner by friends, with a smooth job, happy family, and served as the deputy director of a state-owned coal washing plant, but fell step by step into the abyss under the deadly temptation of overnight wealth. Initially attracted by the sweet taste of easy profits from a few hundred yuan investment, he was ultimately swallowed by the vortex of high-leverage contracts and counterfeit currencies—after depleting his savings, he relied on online loans and borrowing from relatives and friends to service the debts. Family members helped him clear the debts, but he did not restrain himself, ultimately accumulating losses of 3 million. Now he rents a house for 600 yuan a month in a small county and drives for a living.
Chapter One: A Bleak Life Situation, Burdened by Debt and Living at the Bottom
Currently, the debt exceeds 200,000, involving multiple platforms such as Industrial and Commercial Bank, Ping An Bank, and Rural Credit Cooperatives. Now daily food expenses are strictly controlled within 20 yuan, mostly spent in places like Lanzhou, with each meal costing only over ten yuan, and he drives for a living in a small county.
Chapter Two: Crisis Erupts, Marriage Breaks and Career Collapses
After the huge debt was exposed, the wife, worried about dragging down the child, took the initiative to propose divorce, leading to the family's breakup. He was originally the deputy director of a state-owned coal washing plant, and to escape the pressure of debt and seek higher income, he left to work far away. In the past, when trading currencies, he only reported profits to his family initially (with a maximum daily profit reaching 40,000 to 50,000), while hiding significant losses.
Chapter Three: Falling into the Currency Circle, from Dreams of Wealth to the Abyss of Debt
Initially started trading currencies with a few hundred yuan, tasted the sweet reward of quick profits, but as greed intensified, became addicted to contract trading and high-leverage operations. After the first loss of savings, he turned to online loans and borrowing from relatives and friends, accumulating debts of 220,000 to 230,000. Eventually, family members exhausted their savings to help him repay the first debt, but he could not restrain himself. Subsequent mistakes such as investing in counterfeit currencies and not cutting losses led to cumulative losses exceeding 1 million. With no choice, he could only promise his family not to get involved again, but was repeatedly tempted by WeChat groups and market news, becoming deeply trapped.
Chapter Four: The Snowball Effect of Debt and the Cost of Family Bonds
Initially only partially confessed to the debts, retaining tens of thousands as a 'tail' in an attempt to resolve the issue. Ultimately, the total debt soared to 650,000 (online loans, credit cards, loans from relatives and friends). Originally planned to work away from home to escape the debts, but was brought back by family and friends to face it together. To completely repay the debts, was forced to sell the house originally planned as a dowry for the sister. The sister's understanding and family support helped in the eventual debt clearance, but the individual remained deeply mired in self-blame and guilt.
Chapter Five: Breakdown of Trust and the Darkest Hour
Thought the debt issue was over, but still couldn't resist temptation, choosing to go all in, deceiving relatives and friends into lending as much as 1 million through lies. The huge debt became overwhelming, leading to thoughts of ending it all, but due to 'unwillingness', it was not carried out. After continued deception led to the ex-wife and friends uncovering the truth, family relationships became extremely tense, ultimately forcing a complete confession to the parents. After despair, the father could only sever the father-son relationship, the family's property was mortgaged, and the last escape route was gone.
Chapter Six: Glimmers of Hope in Adversity and Endless Reflection
Admitting that the current job cannot repay the huge debts, he tries small businesses to find a way out. Despite meager income, difficult living conditions, and being unable to accompany family, he still strives to maintain hope and seek improvement.
This is a story of gradual decline due to greed and luck, ultimately destroying family and friendship credit. When a person's desires exceed their capacity, what is left is not just astronomical debts, but also mortgaged relationships and sacrificed loved ones. After the illusion of overnight wealth dissipates, what remains is only the bitter reality day after day, and a self-reflection that can never be easy. Lastly, I once again advise all B friends that the financial market is highly volatile, investments carry risks, do not borrow, do not get carried away. Stay away from junk and counterfeit currencies!