The Ledger Ghost manifests as a tall, angular figure dressed in an Art Deco suit of floating ledger pages. Brass numerals float across its surface like living tattoos, each one representing a round that someone tried to forget. Its form exhibits ethereal transparency, allowing faint glimpses of old scorecards to show through its body. The edges of its being are bound in tarnished brass resembling old financial records.

During critical rounds, the Ghost manifests at turning points, offering players a choice: acknowledge their true standing or face systematic liquidation of their season's gains. It appears to players who've manipulated their standings, forcing them to confront the true state of their assets before allowing them to continue.