If Brady Anderson were to admit that he forged the recording, it would mean that Monica Baldwin's previous whitewashing might be overturned.
In other words, Brady's actions would seem suspiciously like he's trying to whitewash his own guilt, covering up the fact that Monica had disgustingly tangled personal affairs with several men.
Actually, this would be a dilemma for Brady because in this situation, he wouldn't mind getting hurt, but he doesn't want to hurt a deceased lover and a living friend.
...
Monica quietly returned to Silverton and contacted all her friends who could help. She wasn't worried about confronting Ashton, she just wanted to find a safe way out for Brady.
"Monica, I think you're really worrying too much about Brady. After all, he's a trump-card agent with his way of handling things. He can't just wait to be threatened by Ashton." Meghan, on the way to Orangewood, tried to console Monica.
"What can you change by going to Orangewood?"