My Years in the Used-Car Business

I dropped out of middle school, set out into the world at fifteen, and lost my job in middle age. I went from having nothing to being buried in debt. I spent half my life being an honest, obedient man, but now I want to try living differently and enter the gray-market business of pawn broking. My daily life revolves around mortgaged cars, repossession crews, debt collection, lending, and financial scams. Watch how I survive...

Read this book and you’ll learn something. Most of the scams in it are based on real life...

In reality, there are two worlds: the world of ordinary people and the gray world. All kinds of scammers surround us. Only by getting involved in these fringe industries do you realize that traps are everywhere. Take one example: look at those one-yuan information products on Xianyu. What’s the business model behind them? How do they fleece people?

This book aims to help readers recognize the scams around them and understand the logic behind these schemes.