Yes, of course I know that. It was simply illustrating the point behind my question.
The arbitrator levied the judgement. It should be legally binding.
So this is where I get really confused. Bales is supposed to be on the hook for all this money, but the couple say they never saw a dime. Where were the complaints to the arbitrator (which is typically who/what?) and the inevitable follow-up of legal action against Bales?
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.