After he was sworn in, Josephine began asking him about his compensation and his bonuses at the marketing firm where he worked. He admitted to making roughly six hundred thousand dollars a year, but then Josephine pointed out that he had only declared a net worth of eight million dollars on his affidavit.
“Let us talk about Horizon Peak LLC,” Josephine said, and Hudson froze because he knew that name carried the weight of his secrets. He tried to claim it was just a private investment vehicle, but Josephine revealed that the company was a corporate holding structure controlled entirely by him.
She asked him where the company was registered, and Hudson admitted it was in the Cayman Islands for the sake of tax efficiency. Then she asked exactly how much money was sitting in those offshore accounts across various international banks.
Hudson claimed he did not know the exact amount, so Josephine helped him by revealing there was over twenty-four million dollars in those accounts as of last Friday. The room gasped at the number, and the judge leaned back as he looked at Hudson with a new level of scrutiny.