“Page forty-seven. Ghost developments. Money transferred into projects that never progressed beyond entitlement work. Contractors paid through shell entities. Funds rerouted back into personal vehicles and discretionary spending.”

The room began to murmur.

“Page eighty-two. Executive expenses charged through corporate structures. Gifts, travel, jewelry, private accommodations, off-ledger hospitality.” The Cartier watch flashed in my mind and nearly made me smile. “Page one hundred sixteen. Offshore accounts used to suppress visible losses. Page one hundred thirty-two. Forged signature sequences. Page one hundred forty. Internal emails acknowledging the exposure and delaying proper disclosure.”

One of the older shareholders slammed the binder shut and stared at Randolph in disbelief.

Prescott stood again, sweating now. “This is being taken out of context,” he said. “These are aggressive but normal strategies. She’s misrepresenting everything.”

“Sit down,” I said.

He actually did.