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He knew what it was before he opened it. His intuition told him in a loud, clear voice. It was the material he had been looking for on Simon Lawrence. It was the evidence he had come to find. Maybe it was from his mysterious source. Maybe it was from someone else. Whoever it was from, it was either going to propel the stalled investigation of the Wiz to a new level or it was going to end it once and for all.

Wren separated the flap from the envelope and slipped out the sheaf of papers nestled inside. He set the envelope aside and began to read. It took him a long time because the material consisted mostly of photocopies of bank accounts, transfer slips, records of deposits and withdrawals, and ledger pages, and it was difficult to follow. Besides, he didn't want to jump to conclusions. After a while, he loosened his tie and rolled up his sleeves. His glasses slid down his nose, and his face assumed an intense, professorial look that accompanied deep thought. His burly body slouched heavily in the hard–backed chair, but he paid no attention to his discomfort. Outside, on the rain–slicked streets below, a stream of traffic crawled by, and every so often someone would forget what city they were in and honk their horn in irritation.

When he was done reading, he picked up the phone and called down for a bottle of scotch, a bottle of Evian, and some ice. He was treating himself, but he was fortifying himself as well. He knew what he had here, but it was going to take him half the night to sort it out. He wanted everything in order when he went to see Simon Lawrence in the morning. He wanted it all clear in his own head as well as on paper, so that he could analyse quickly any explanations that the Wiz chose to give. Not that he was likely to give any, if Wren was reading this right. Not that he was likely to want ever to see Andrew Wren again.

Because what someone had uncovered was evidence of a systematic siphoning of funds from the accounts of Fresh Start and Pass/Go, an elaborate and intricate series of transfers from accounts set up to receive charitable donations that dispersed them to other accounts within the corporations, applied them to payments of charges that didn't actually exist, and eventually deposited

them in noncorporate accounts. The corporate books he had reviewed yesterday, and which presumably the corporate auditors reviewed as well, disguised the transfers in various ways, none of which could be uncovered readily in the absence of a comprehensive audit, the kind you didn't usually get unless the IRS came calling.

That hadn't happened as yet, and there was no reason to think it would happen oral. — time soon. The embezzling had been going on for less than a year, and from what Andrew Wren could tell, it involved only two people.

Or maybe only one.

Wren paused, rethinking the matter. Two, if they were both participating. One, if the second was being used as a front. Wren couldn't tell which from the photocopies alone. It would require an analysis of the signatures on the deposits and withdrawals. It would require an extensive investigation.

He shook his head. The photocopies showed the stolen funds being deposited into the private accounts of two people. One was Simon Lawrence. But why would the Wiz steal from his own foundation? Stranger things had happened, sure. But Simon Lawrence was so committed to his work, and his work had brought him nationwide recognition. If all he wanted out of this was more money, he could quit tomorrow and go to work as a CEO for any number of corporations. The thefts were regent. Why would the Wiz decide now, after achieving so much, to start stealing from his company? The thefts were lever, but they weren't perfect. Sooner or later, someone would find out carat was happening in any event, and the Wiz would be exposed. He had to know that.

Wren poured two fingers of scotch into a glass of ice and sipped at it thoughtfully. The alcohol burned pleasantly as it slipped down his throat. Something wasn't right about this. The Wiz wouldn't steal from himself without a very strong reason, and then he would steal more than this because he had to know he wouldn't be able to get away with it for very long, so he had to make his killing early.

Wren stared out the window into the night. It was more likely the second man was the one doing all the stealing, and he had siphoned some of the funds into Simon's account so that if he were discovered, he could always claim he was just a flunky acting on orders. The public outcry would pass right over him and settle directly on the Wiz, a high–profile figure just ripe for lynching.

Andrew Wren nodded slowly. Yes, that made better sense. The second man was doing all the real stealing, and the Wiz was guilty merely of bad judgement in hiring him. That was what he believed. That was what his instincts told him was the truth. Of course, he would write the article based on the facts and let the chips fall where they may, because that was his job. So it might be the end of Simon Lawrence in any event. In the wake of a scandal like this, the Wiz would be hard–pressed to escape the fallout.

He sighed. Sometimes he hated being right so often, having those infallible instincts that prodded him on and on until he uncovered the harsh truth of things. Of course, it hadn't been so difficult this time: He wondered who his source was. It had to be someone inside the organisation, someone who resented Simon and wanted to see him brought down.

Or possibly, he acknowledged with a lifting of his glass and a small sip of the scotch, someone who wanted to see John Ross brought down as well.

Chapter 17

Nest Freemark sprang aside at the sound of Ariel's warning, skidding headfirst across a slick of mud and dead needles as the dark shape hurtled past. In a rain–streaked blur she watched it catapult into Boot and Audrey. The sylvan was back astride the owl, and the owl was lifting away into the night. Both disappeared in a shower of blood and feathers and bits of wood, there one second and gone the next. The dark shape went right through them, bearing them away like a strong wind, the force of its momentum carrying it back into the night.

'Demon' Aril was screaming as she fled. `Demon! Demon!'

Nest scrambled to her feet and began to run after the tatterdemalion. She had no idea where she was going, only that she had to getaway. She tare down the dirt path drat paralleled the cliffs, tennis shoes slipping and sliding on the muddied track. She was nearly blind in the darkness and rain, and she was addled with fear.

Boot and Audrey were gone, dead in one terrible second, and the

image of them exploding apart burned in the air before her as she

ran, raw and terrible,

`Faster, Nest!' Ariel cried frantically.

Nest could hear the demon behind her, pursuing them. She could hear the wet sound of its paws on the muddy path over the steady thrum of the rain. What sort of creature had it made itself into? She had only caught a glimpse., and she had never seen anything like it before.. Her heart pounded in her chest, and her breath was fiery in her throat. She was deep in the woods and there was nowhere to hide, but if she didn't reach a place of safety in the next few seconds, the demon would have her.

Her eyes flicked left and right, and a new well of fear opened within. Running with her were dozens of feeders, come out of nowhere in the rainy gloom, faceless squat shapes keeping pace as they darted through the trees, eyes filled with excitement and anticipation.

She glanced over her shoulder and saw the demon closing fast, its black shape stretched out low to the ground and hurtling forward. A surge of adrenaline propelled her ahead, and for a few seconds she managed to increase her speed enough to put a little more distance between them. But then the beast was closing on her again, and she could see the gleam of its teeth and eyes in the misty gloom.

Ahead and to her left, there were only more trees and darkness. To her right, beyond the low rail fence, the cliff fell away into a void. There were lights from houses and streets, but they were distant pinpricks through the woods, still far, far away.