Staff Sgt. Robert Bales was found liable in financial fraud

Discussion in 'Afghanistan' started by Si modo, Mar 20, 2012.

  1. Si modo
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    Si modo Diamond Member

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    The plot thickens...

    Staff Sgt. Robert Bales was found liable in financial fraud - The Washington Post

    ....

    But Bales’s decision to join the Army also came at a pivotal point in his pre-military career — a career as a stock trader that appears to have ended months after he was accused of engaging in financial fraud while handling the retirement account of an elderly client in Ohio, according to financial records.

    An arbitrator later ordered Bales and the owner of the firm that employed him to pay $1.4 million — about half for compensation and half in punitive damages — for taking part in “fraud” and “unauthorized trading,” according to a ruling from the Financial Industry Regulatory Authority, the independent disciplinary board for brokers and brokerage houses.

    ....

    But the finding of financial fraud adds to an increasingly complex picture of a man who, on the one hand, is described by friends and neighbors as a family man and an even-tempered soldier, and, on the other, had repeated encounters with the law, including an arrest on suspicion of drunken driving, involvement in a hit-and-run accident and a misdemeanor assault charge.

    In addition to those incidents, he had evidently been under financial stress. His home near Tacoma was put up for a short sale a few days before the March 11 shootings in Afghanistan.

    ....​
     
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  2. Warrior102
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    Warrior102 Gold Member

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    I'm sure all sorts of trash will be dug up on this guy.
    Doesn't matter.
    He needs a quick court-martial and a firing squad, ASAP.
     
  3. Si modo
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    Si modo Diamond Member

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    I don't know if this is trash, though. There is already a judgment against him in a civil matter for fraud - a good chunk of money in that judgment, too.

    And, he had to have his house short sold.

    It might add to his defense, as a matter of fact. Too much stress on several fronts.
     
  4. Katzndogz
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    Katzndogz Diamond Member

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    The government will find it or make it up if they don't. The story of the admirable soldier was just getting too big. Too much sympathy for the man.
     
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  5. The Gadfly
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    The Gadfly Senior Member

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    The issue here, is not whether the soldier was an angel before or even after he joined the army. The issue is murder, and whether murder occurred because the man was cleared for deployment when he should not have been. If this is yet another incident of a soldier having a diagnosis reversed without proper cause, so he could be deployed again (already been incidents of that, some resulting in suicides), this is going to get really ugly for the army.
     
  6. Salt Jones
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    Salt Jones BANNED

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    He joined the military at 28. That's all I needed to know to explain his behavior.
     
  7. Trajan
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    Trajan conscientia mille testes

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    because joining at 28 means what exactly?
     
  8. Ropey
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    Ropey To Life! Gold Supporting Member Supporting Member

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    Yes.
     
  9. koshergrl
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    koshergrl Diamond Member

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    What does it mean, exactly, to be "liable" in financial fraud?

    If no criminal conviction, it could just be he should have been aware of something that he wasn't?

    Not sure if it means anything at all as it pertains to this case.

    If he was a convicted CRIMINAL, that's a little different, because probably he shouldn't have been able to join the service in the first place.
     
  10. Caroljo
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    Caroljo Gold Member

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    Why? My daughter in laws brother joined when he was 28 or 29. He had a family to take care of and there was no work for him, so he made this choice. Age doesn't mean a thing...
     

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