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Chapter 7 - The Depositions

The United States District Court for the Northern District of Illinois, Eastern Division, was located in the Dirksen Federal Building on South Dearborn Street.

By January, two months after the arrest at O’Hare, the winter was at its peak. The streets of the Loop were lined with black slush, and the wind off the lake whipped between the skyscrapers with arctic ferocity.

Ethan had not made bail.

The magistrate judge had deemed him an extreme flight risk after federal prosecutors presented evidence of his one-way ticket to Belize, his forged passport applications, and the attempted wire transfer to Zurich. For eight weeks, Ethan had been housed in the Metropolitan Correctional Center—the grim, triangular concrete monolith rising above downtown Chicago.

Today was the court-ordered civil deposition, held in a windowless conference room on the fourteenth floor of the federal building.

Because Ethan’s criminal indictment was pending, his civil defense team had tried desperately to postpone the proceedings. But Sarah Sterling had successfully argued that Aegis Innovations’ fiduciary survival depended on the immediate tracing of assets before offshore intermediaries could dissolve them.

The door opened, and two armed federal marshals escorted Ethan Cole into the room.

The transformation was shocking.

The golden boy of Chicago tech had vanished entirely. Ethan was wearing an orange institutional jumpsuit, orange slip-on shoes, and heavy iron chains linked between his wrists and his waist. His hair had been cropped short by jail barbers, revealing the sharp, bony contours of his skull. He had lost at least twenty pounds; his collarbones jutted out sharply against the rough cotton of the prison uniform.

He sat across from me at the deposition table, the chains clinking against the wood.

His criminal attorney, Marcus Kane, sat beside him, looking pale and defensive.

Sarah Sterling sat opposite them, her court reporter adjusting the stenotype machine at the end of the table. Noah and I sat behind Sarah, silent observers.

Ethan didn't look at Sarah. He didn't look at Marcus Kane.

He stared directly at me, his eyes dark, sunken, and burning with a toxic, unquenchable resentment.

“We are on the record,” Sarah announced. “Deposition of Ethan Cole, in the matter of *Aegis Innovations Inc. v. Ethan Cole, Meridian Holdings LLC, et al.* Present for the plaintiff: Sarah Sterling, Madison Cole, Noah Grant. Present for the defendant: Marcus Kane, Ethan Cole.”

Sarah turned to Ethan. “Mr. Cole, please state your full legal name for the record.”

“Ethan James Cole,” he croaked. His voice was hoarse from weeks of disuse in a federal detention cell.

Sarah slid a three-hundred-page document across the table.

“Mr. Cole, I am handing you Plaintiff’s Exhibit 14. This is a comprehensive forensic analysis of the bank account associated with Meridian Holdings LLC at Fifth Third Bank. Can you identify the signatures on pages 12 through 48?”

Marcus Kane immediately reached out, tapping Ethan’s chained arm. “My client asserts his Fifth Amendment privilege against self-incrimination and declines to answer.”

“I’ll answer,” Ethan said.

Kane’s head whipped around. “Ethan, no! We discussed this. You assert the Fifth on all transactional—”

“Shut up, Marcus,” Ethan snapped, his chains rattling violently as he pulled his hands toward his chest.

Ethan leaned over the table, staring at Sarah, then shifting his gaze to me.

“You want to know about the signatures, Sarah?” Ethan whispered, a grotesque, defiant smile spreading across his pale face. “I signed them. Every single one of them.”

Kane put his head in his hands with a groan of absolute despair.

“Did you sign Noah Grant’s name to those vendor agreements?” Sarah asked, her voice steady and clinical.

“Yes,” Ethan said. “I did.”

“Did you have Mr. Grant’s authorization?”

“Noah didn't need authorization,” Ethan spat. “Noah was an employee who happened to have founder shares. He didn't understand the market. He didn't understand that to get enterprise clients, you have to look like a hundred-million-dollar company. You have to entertain. You have to fly private. You have to show them that you belong in their world!”

“And did ‘belonging in their world’ require you to purchase a 2.4-million-dollar penthouse in Miami?” Sarah asked, flipping to Exhibit 22.

“The Miami condo was an investment!” Ethan yelled, his chains clinking against the table. “Real estate in Brickell has appreciated fourteen percent year-over-year! I was diversifying our holdings!”

“Then why was the property deeded exclusively to Palmetto Horizon LLC, an entity whose sole managing member was Savannah Blake?” Sarah pressed.

Ethan’s jaw twitched. A deep, ugly vein pulsed at his temple.

“Because Savannah was going to be my wife,” Ethan said, his voice rising, echoing against the acoustic ceiling tiles. “A real wife! A woman who supported me! A woman who looked at me like I was a man, not an operational risk!”

He leaned across the table, his bloodshot eyes locked onto mine.

“You wanted to be my partner, Madison,” he hissed, his lips pulling back from his teeth. “You wanted to review my spreadsheets. You wanted to sit in board meetings and correct my numbers. Do you know how castrating that was? Do you know what it felt like to walk into my own company and know that my wife was more respected by the engineers than I was?”

I didn’t look away. I held his gaze, feeling neither fear nor anger—only a vast, hollow pity.

“You weren't castrated, Ethan,” I said quietly, speaking for the first time. “You were incompetent. And you were terrified that someone would notice.”

“Incompetent?” Ethan lunged upward, his chains snapping taut against the waist belt with a sharp metallic clatter.

The two federal marshals in the corner immediately stepped forward, their heavy hands dropping onto his shoulders, forcing him back down into his seat.

“I was the face of that company!” Ethan shrieked, struggling against the marshals' grip. “I was on the cover of *Crain’s Chicago Business*! People bought our stock because they believed in *me*! You’re nothing, Maddie! You’re a spreadsheet with a heartbeat! Without me, you’re just another boring middle-aged engineer working eighty hours a week in a windowless room!”

Sarah Sterling looked at the court reporter.

“Let the record reflect that the defendant has admitted under oath to the intentional forging of signatures, the unauthorized misappropriation of corporate funds, and the fraudulent conveyance of real property.”

Sarah closed her binder with a crisp, echoing snap.

“We have no further questions for this witness.”

Marcus Kane looked like a man who had just watched his client sprint into traffic. “We’re done. Marshals, take him back.”

The marshals pulled Ethan to his feet.

As they dragged him toward the secure holding cell at the back of the room, Ethan twisted his neck, his face red, sweat pouring down his temples.

“You haven't won, Maddie!” he screamed as the heavy steel door began to open. “My mother will never forgive you! My family will hate you forever! You’ll be alone with your balance sheets until the day you die!”

The heavy door slammed shut.

The lock turned with a massive, final thud.

In the sudden quiet of the conference room, the only sound was the gentle, rhythmic clicking of the court reporter’s machine finishing the transcript.

Noah stood up, walked over to me, and placed a gentle hand on my shoulder.

“Are you alright?” he asked softly.

I looked at the empty chair across the table where Ethan had sat in chains.

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“I’m better than alright, Noah,” I said, standing up and smoothing my wool skirt. “Let’s go back to the office. We have a company to run.”

***

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