Yes, I have heard. It would not cover such numerous wildly divergent numbers. If there was a judgement rendered, the numbers would be easily accessible.
2. If it was a case filed with the SEC, it would have been adjudicated by the FDIC which is now called FINRA.
Exactly, "If"--why, if this Horrible Deed was done, has there been no legal ramifications. We still don't know who did what and why.
3. I’m assuming there was. There are dozens, if not hundreds of articles about this. Start reading.
So the accusations are tossed out there and you get to assume, but I raise some pretty basic questions that reports aren't answering, and I have to "start reading"?
4. Just because you had not heard that someone was bilked out of funds years ago does NOT mean he has not been trying to get his money back until now.
My not having heard about it is irrelevant. This guy supposedly was conned out of a LOT of money, and he didn't think to alert any authorities as to the lack of recompense by the people/person ordered to pay up? If he had, Bales wouldn't have made it to E-5...he's be in jail for fraud and contempt.
5. Bales did not become notorious until now. That’s why the press has not been all over his background.
Law enforcement and the general legal system don't care if your face is plastered all over the news. They track people down all the time who fail to adhere to legal directives. Bales was "hiding" in about the worst possible place, and we're supposed to believe he evaded the system for this long? Color me skeptical.
Either way, Bales comes out as an unsavory person.
Judge, jury, and executioner based on a few reports with gaping holes in them.
LOL
Using those standards of "justice", I would have been just about eligible for parole last August. (Spent ten years teaching Naval Aviators, so I must be a big time bad actor.)
I haven’t had time to read this from the beginning.
But the “fraud” case was settled through arbitration wherein NONE of the defendants showed up.
Anyway, here is FINRA’s BrokerCheck
Search 2765462 which is Bales’ CRD number. It will give his entire history.
I’ve had my CRD number for about 35 years. And there have blessedly been ZERO events.