Chapter 5 - Northbridge Leads To Alexander’s Uncle
Thomas denied wrongdoing and left with counsel.
Forensic accountants traced Northbridge Surgical.
The company supplied specialized components to Carter Medical at inflated prices.
Its ownership passed through three holding companies.
The final beneficiary was Richard Carter.
Alexander’s uncle.
Henry’s younger brother.
Richard had left Carter Medical twelve years earlier after a bitter dispute.
Alexander believed the brothers simply disagreed about strategy.
The ledger showed something else.
Richard had retained hidden financial interests in vendors selling to the company.
Theresa found them.
Thomas Reed, then deputy general counsel, handled the internal investigation.
Instead of exposing Richard, he built a case against Theresa.
Why would Thomas protect Richard?
Bank records supplied the answer.
A trust controlled by Richard had paid Thomas more than eight hundred thousand dollars through consulting entities.
The payments continued long after Theresa left.
But Henry’s ledger showed he discovered part of the arrangement before his death.
Why did he not expose it?
Margaret knew.
Henry had been afraid of what Richard possessed.
A document from their father’s estate.
Something that could challenge who truly owned Carter Medical’s founder shares.
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The certificate Margaret carried was suddenly more than a voting instrument.
It might be evidence in a decades-old ownership dispute.
