Chapters (49)
Like I told the department yesterday? Decker pulled out his notebook and scanned through the pages. Who the hell did Holmes talk to? “Mr. Holmes, do you remember whom at the department you spoke to yesterday?”
Holmes made a quizzical face. “Detective Misheria or Mishtara, or Mistara. He had a broad Texas accent. He didn’t speak to you?”
Decker shook his head. “No, we…must have missed each other.”
“I didn’t talk to him for very long. I was very busy. But I did let the authorities into the box. Anyway, it wasn’t the appropriate time to start talking about Arik Yalom’s foreign investments.”
Again, Marge and Decker passed meaningful glances. “Well, maybe you can help us out now,” he said. “Who handled Mr. Yalom’s overseas operations?”
Holmes snorted. “I wouldn’t exactly call them operations.”
“More like risky business ventures,” Marge broke in.
Holmes pursed his lips. “Ah…you must have seen all the certificates in his safe-deposit box. Yes, he had invested in quite a few speculative ventures.”
“Your idea?” Marge asked.
“Of course not! We’re in the business of keeping money, not losing it. I was quite blunt with Arik. I told him—straight out. But Arik had his own mind when it came to business.”
Marge said, “Did Mr. Yalom have success with any of his mining investments?”
Holmes chuckled. “Success is a state of mind.”
“Meaning?”
“He felt he was successful.”
“What about you?” Decker asked.
“Sergeant, I could have doubled that man’s portfolio with my eyes closed. The typical balance we’re currently recommending is twenty percent cash, ten percent debits, seventy percent equities. It’s not fancy, it’s not exotic. But it is prudent. Arik wanted big time.”
“Did he get big time?” Marge asked.
“Not to my knowledge. Not only were his cash reserves depleted from a high inventory in stones, but any profits he made from his legitimate business went toward venture capital in his Africa scheme. I’m not saying there isn’t money to be made from alluvial mining of Angola beds. There are stones to be found. But it’s iffy at best, and you know the political situation in Africa right now—volatile with a capital V. Mr. Yalom would have done much better with a simple conservative approach.”
Marge said, “Especially with the lock VerHauten has on the diamond industry.”
Holmes folded his hands across his stomach. “Exactly.”
Decker said, “Mr. Yalom seems to have gone head to head with VerHauten.”
Holmes said nothing.
Marge said, “Or don’t you know about his correspondence with them.”
“I know Arik had certain ideas about VerHauten. A lot of people do.”
“Do you want to elaborate?”