Chapter 10 - The Apartment Building

Oakmere became the center of the civil case.
Mrs. Dalton called it Colin’s future.
Miranda called it evidence.
The judge called it disputed property.
Better.
A temporary order prohibited sale or refinancing.
Tenants stayed.
Management continued under independent oversight.
No dramatic evictions.
No families punished for someone else’s fraud.
Priya traced money.
$910,000 down payment.
$740,000 renovations.
$230,000 debt service.
$120,000 legal and operating transfers.
Some later repaid.
Some not.
Net traceable Wells contribution:
Approximately $1.72 million.
Appreciation attributable to that capital required expert analysis.
Settlement range:
$3.8–$4.6 million.
Miranda looked at the number.
Mrs. Dalton had not stolen a $10.8 million building.
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She had used stolen money to build a large piece of its equity.
Accuracy made the case stronger.