[Girlene]

The only thing i have heard that might address it was a comment from the elderly investor who said they tried to find him after following leads in Bermuda and elsewhere but never found him. Also, a similar statement from his attorney. All I can say is they had lousy investigators/detectives.

The only comment I heard the elderly investor, Gary Liebschner, say was that they heard he was in the "Bahamas and all kinds of places". They never said where they "heard" this from or indicated any detective had looked........it was not addressed. If SSG Bales was in the military, how hard would it be to find him? What about the other person, Michael Patterson and the entity, Michael Patterson Inc.? Did anyone look for him. How was this money supposed to be divied up between who owed what?

The original amount was suposedly $637,000, 637,000 punitive, $216,500 in attorney's fees (that seems like a lot for atty's fees).

So I'm wondering this. When this went to arbitration, could they specify whatever amount they wanted (up to any original amount they had invested) if the other parties were not there to defend themselves or bargain with?

[BunnySlippers]

I think it’s also telling that FINRA never asked that Bale’s license be revoked. Which tells me that they viewed him as a very minor player.