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Chapter 14 - Cresswell’s Books

Cresswell Advisory opened its records under subpoena and civil discovery.

The findings were messy.

Of $19.4 million paid:

Approximately $15.8 million corresponded to actual services and reasonable market rates.

$2.45 million appeared high but arguably defensible.

$1.15 million remained unsupported or duplicated.

Celeste’s personal distributions:

$2.1 million.

Not all derived from improper payments.

Her hidden ownership violated policy and fiduciary duties.

Potential criminal fraud focused on the unsupported invoices and concealment.

The story became less sensational.

More precise.

Celeste was not stealing every dollar.

She was hiding a conflict that sometimes enriched her improperly.

May you like

Truth did not need inflated numbers.

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