Chapter 564: Why is the Ministry of Magic so annoying?
Muggle studies experts really know finance.
1 Gold Galleung can be exchanged for 17 Silver Sickles or 493 Copper Nats.
In the Muggle world, the prices of gold, silver, and copper are not always static.
When the price of silver drops to 17 times greater than the price of gold, you can purchase silver ingots from Muggles and cast them into silver Sickles, then you can make profits from the drop in the silver price.
The reason why the magic world can maintain the currency exchange ratio is because the right to mint money is not in the hands of wizards.
But even with this ability, fairies cannot harvest large amounts of wealth casually.
Because Gringotts is a formal bank with supervision, the Ministry of Magic will take care of anything that happens.
The source of gold, silver and copper is not from the Muggle world, but from the tombs and ancient locations excavated by curse breakers.
What about the wizard cards?
Facing the questioning of the presiding judge, Lucius behaved very calmly.
"Judge Bones, the wizard card is our common industry, and of course it is up to us to take care of it."
It’s just a small amount of compensation, and I have already been mentally prepared.
"Six defendants, do you have any idea of profiting from the card trading market?"
"Absolutely not."
"I don't even dare to think about it."
Old Crabbe and Old Goyle answered one after another.
Bones glanced at the jury and said, "Even if there is no subjective idea, you did create a scam objectively."
Without substantive evidence, the outcome of the trial can only be decided by them.
Old Flint looked like he was sure of victory, which made Vincent frown immediately.
Needless to say, the jury of 51 Wizengamot members must have been bribed.
No organization is immune to the presence of moths, let alone an organization that has long been riddled with holes.
The Muggle Independent Commission Against Corruption has an L team that specializes in investigating its own people. The wizarding world is as weak in anti-corruption as the finance industry.
While the jury was discussing in a low voice, Dumbledore noticed that Vincent no longer showed any dissatisfaction.
After about five minutes, the jury all wrote something on the parchment in front of them.
Characters appeared one after another on the paper in front of Bones.
This is the jury's decision, which she will announce later.
The dock was quiet.
Only Madame Zabini clenched her hands.
Without the legacy of her six ex-husbands, she would never be in the same class as the gentlemen based on her beauty alone.
Of course she feels nervous and worried.
By the time the last Wizengamot member put down his quill, Bones already knew the final outcome.
"The jury unanimously ruled that the six defendants were not guilty of intentional fraud."
Madame Zabini relaxed.
"but--"
She clenched her hands again.
"Even if the defendants have no subjective intention, it is enough to constitute the crime of indirect fraud."
Bones paused, his expression extremely serious,
“In addition to each having to pay a fine of 500 Galleons, the six defendants also need to jointly bear the economic losses of the public.
The scope is that all people who purchased through official channels and still hold wizard cards will be compensated according to the original price."
Only the wounded world of card merchants has been achieved.
Vincent followed Dumbledore out expressionlessly.
Although he had expected such a result long ago, the expression on the old man's victory was really too dazzling.
"You are the biggest winner." Dumbledore suddenly turned around and said,
"Don't be too greedy, the result is already very good."
Not only did it defeat its competitors and put Europe's largest card dealer in trouble, it also reduced the probability that Gwent cards would be maliciously inflated in value.
Vincent signaled that he was fine and walked out of the Ministry of Magic alone with his worried eyes.
Instead of going home immediately, I strolled on the west bank of the Thames.
Through this trial, the Ministry of Magic once again exposed a problem.
Even the most important procedural justice of the judiciary cannot be guaranteed. There must be many scapegoats like Morfin Gaunt who died in Azkaban in vain, or people like Quirrell and Lockhart.
The British Ministry of Magic is like an apple that is bright red and translucent on the outside but rotten inside.
It’s true that you can eat the rotten parts by cutting them off, but how much will be left?
"Goblin..." Vincent murmured softly.
He sat down beside Westminster Bridge.
According to records in the history of magic, goblin rebellions occur every few centuries.
There are a total of two fairies in the chocolate frog cartoon:
One is Gringotts who founded Gringotts Wizarding Bank in his own name in 1474 and developed his business to Gringotts in various magical circles around the world.
The other is Lara, a slovenly ghost who participated in the goblin rebellion in the 18th century.
After the bloodiest and most thrilling rebellion in history, the British Ministry of Magic completely took over the Gringotts headquarters in Diagon Alley in the 19th century.
The right to mint money that the goblin still has should be exchanged for the control of the bank.
Interfering in every aspect of the magical world, no wonder it makes people annoying.
Vincent looked at the dense traffic on the bridge, slowly stood up and stretched.
In the world of magic, power and money are virtual, and only strength is eternal.
It takes too much time to change things from within, and it takes a lot of energy to completely overthrow them.
"Voldemort..." He whispered the name.
"Voldemort, you must come back soon..."
The noisy traffic muffled his voice, but the one who needed to know would know.
It was already evening when we returned to Oxford Street.
Two bodyguards outside were doing exercises holding dumbbells.
Inside the house, Eric was maintaining the gun and Evelyn was preparing dinner.
"Why so late?"
"I'm not in a good mood, so I went for a walk."
Eric put down the gun body parts, "The result is as we thought?"
"Yes." Vincent poured a glass of water, "They bribed the jury, there must be ten or twenty people."
Evelin, wearing an apron, walked out of the kitchen and said, "Baby, your classmate called you just now."
"Who?"
"Hermione."
With a strange smile on her face, she said, "Their family probably hasn't canceled their subscription to the Daily Prophet. They will probably know the outcome of the trial as soon as possible."
Vincent pretended not to see her hint, "Thank you mom, I'll call her right away."
He picked up the address book next to the phone, found Granger's home number and dialed it.
Eric quietly moved his position.
"Hello Mr. Granger, this is Vincent.
Yes, I called here to find her."
There were hurried footsteps on the phone, followed by Hermione's worried inquiry.
"I'm fine, really.
Newspaper? Our family has stopped ordering this crap for a long time."
Vincent calmly listened to her talk about the interview after the final trial.
It is certainly possible to insist that one is innocent, but of course it is also possible to imply that a competitor is doing evil.
My blood pressure didn't rise much, after all, I was mentally prepared.
"Pause for a moment, why do I feel that you are the one who should be comforted?"
The microphone was quiet for a while, followed by a slightly higher-pitched hum.