Chapter 5 - Victor Hale Changes His Story
Victor contacted Rachel before noon.
He wanted counsel present.
He claimed he had only recently realized Travis intended to conceal assets during the divorce.
That was partly true.
His emails showed months of questions about unusual transfers.
But they also showed he continued advising Northgate.
Victor had told himself he was keeping the company compliant from inside.
That explanation sounded familiar.
People often renamed delay when the truth made them uncomfortable.
Still, Victor provided something important.
The $3.4 million was destined for Fenwick-Hale Development Partners III.
The name made my stomach turn.
Hale referred to Victor’s investment firm.
Fenwick referred to Travis.
The partnership planned to purchase land from Northgate at a depressed internal valuation.
After the divorce valuation date, the land would be resold into a larger redevelopment project.
The expected gain exceeded $11 million.
The $3.4 million transfer was only the bridge.
The real asset being moved was future value.
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And according to Victor, Travis had told investors that I had approved the structure years earlier.
The forged founder waiver made that lie possible.
