CHAPTER 5
A nagging thought about the arrival of this new guy Eliot unnerved Peter Cruickshank. Eliot had arrived out of obscurity and was obviously admired by Eloise and had been seized by her over-sexed daughter as a new trophy. To rub it in, Eliot's manager Brigit was treating him like some sort of guru. If it hadn't been for Jenna almost nailing the guy over dinner he'd been suspicious that the guy had been brought in as a future senior executive. It seemed Eloise and Brigit also had a carnal interest in the guy. He'd keep an eye on this newcomer.
At that Peter's nagging thought changed into a jealous pique. What did that guy have that he didn't unless it was only a matter of age? His suspicions were further eroded when in bed after coming home from the restaurant he had to tap Eloise twice on the hip before she sighed and rolled over for him. She would have been all over him had she been engaged in some sort of intrigue although what sort of intrigue Peter couldn't decide. It was doubtful that Eliot had been recruited to be his successor as he had at least another fifteen years before he'd consider retiring or heading off to spend his retirement fund in the company of a chick who looked rather like Jenna if that honey wasn't Jenna.
Eloise was okay but she was rather predictable and wasn't out to milk him dry as were today's cock-addicted hot chicks such as Lisa, accounts section supervisor. If a guy wanted to be taken to the limit obviously Eloise wasn't the one for that simple because she was losing her bedroom focus and agility. Still, she was always there for him and continued to give him the impression she loved him creaming her tits. Yes Eloise was right for him and had acknowledged that by promoting him into the top tier of business professionals in the city and at the same time was unwittingly allowing her husband to increase his personal wealth. She was so trusting it was pathetic and that had made it so easy to exploit her and her company.
Peter smiled recalling he'd recommended a change of auditors to Eloise and she took that as a recommendation to the board and it was approved. He held control because only he ever saw the preliminary report of the auditors and he sorted out auditors so they understood the complications in excessive amount of overtime worked by some commercial printers (old machinery requiring excessive maintenance) and the excessive amount of wastage between the amount of paper stock coming into the company and that amount actually going out the doors as deliveries to clients and their distributors (print runs being redone because color-registration was sub-par or mis-numbering of pages, etc). Oh yes, wasn't he a wicked man!
When the auditors claimed the wastage was excessive for industry standards for comparable plants Peter's answer was so were the company's standards. When an auditor remained unconvinced at that explanation Peter had a truckload of price lists that the company's logo had been printed upside down (a common printing error) to the auditor's offices and thereafter the volume of wastage was never again questioned as that was drummed into any new person on the audit team before they left to begin the audit of CCCP (Clouston Clarion Commercial Printing Ltd).
Yes, Peter smiled. He was far too clever for Eloise and her board. When residing in Delaware as a young man he'd formed his own limited liability company, Mono Enterprises Company, as a trading enterprise and now used it to bill his clients for printing contracts and to receive 'goodwill' payments for introducing suppliers and services companies and appointing them as principal suppliers to the Clouston Evening Clarion Printing and Publishing Company, of which CCCP was a subsidiary. He traded as a sole entity and ran the company correctly including paying all taxes and filing all required reports and paying all fees via the accountant acting as the company's registered agent.
It all worked very smoothly, with Peter also raking in payments on individual company vehicle purchases and sales and on individual travel transactions. But the largest payments came from Peter's underhand printing contracts that involved fiddles using Clarion printing's paper stock and printing personal to output his contracts he personally secured under his own trading company. He did not pay Clarion printing for using its resources including labor materials and looked after the invoicing himself. He wasn't too greedy, keeping volumes low enough to remain unnoticed and only had to pay the commercial print manager a monthly cooperate-and-keep-your-mouth-shut payment to allow his fraud to perpetuate undetected. The only interest of printing personnel was being paid, rather than who was paying them and why.
Peter was in line for his illegal operations to top the $3 million mark in net profit by the end of the year. That was the advantage in running commercial operations with virtually no 'overheads'. A lot of creative accounting was involved and Peter kept two legitimate clients whose work he put through the company's system as 'Peter's Clients'. In this clever move accounts personnel were instructed to put all incoming correspondence, orders and payments on jobs marked 'Peter's Clients' to him to transact. When payments from those two legitimate clients were received that money would be channeled into the company's revenue flow, thus setting up internal recognition that Peter had a couple of clients who were pals that he personally serviced fully. That meant if any nosey auditor or in-house executive asked anything about Peter's personal clients there was a blemish-free paper trail to which accounts personnel would display.
For a secret payment of $5000 the commercial print manager accomplice had printed Peter a full set of company receipts, invoices, contract forms, quotation forms and client registration forms that he kept at home and kept all transactions loaded as encrypted files on his laptop. If any of his secrete client's had an auditor inquiring about an invoice number any accounts person was unable to find that query would then be referred to Peter. He'd access his illegal set of accounts and supply the required information.
There had been only two such enquiries during the five years he'd been skimming the company's business and both had been dealt with so smoothly no suspicion was aroused. Peter had found it so simple that he itched to double his illicit income but wisely counseled himself to stay small and involve no one else. He suspected few of his clients were legitimate business persons which afforded him even greater protection, making everything appear legitimate. None of his clients knew who actually printed their order because Peter would advise he would put the job out to a print broker.
Late that morning Peter visited the company's recently promoted business promotions officer. Sloan had been the assistant officer and found it difficult to believe that Peter was willing to promote her to the vacated post as she'd been in the deputy position for only three months.
Sloan looked at him in delight as he entered her office. "Oh Mr Cruickshank, how lovely of you to call."
"It's Peter to you Sloan now that you are an executive."
"Oh Peter, thank you."
"I was wondering if you would like to have lunch with me?"
She smiled and said it was she who ought to be inviting him to lunch to express her gratitude.
Peter laughed and rubbing his fingers over his chin asked how far would she go to deliver her gratitude.
Sloan blushed and looked nervously at the door. Without looking Peter said her PA was not at her desk.
"You know I'm married."
"Yes, and that guy ought to be still thinking about his good luck. How about it Sloan?"
She blushed and whispered did he mean sex.
He nodded and she rubbed a hand over her left breast and said, "I really don't..."
"Please yourself," Peter said brusquely and moved to leave the office.
"Wait."
He continued walking.
"Please wait."
He stopped and Sloan came over to him. "I've never done this before."
"Your first is the one you remember, although I guess you mean you're not yet committed adultery. It probably is similar to that eventful time you first opened your legs."
"God Peter, someone may hear us. I'll consider if you can assure me if we will have complete privacy."
"Yes. Wait for me in the foyer of the Princess Hotel at 1:00. The company has a private room there and only I will be registered as the user. We can order room service lunch so it's best you take a two-hour break."
"Very well. I'll think about it. I'll call you if I decide to accept."