Afghan killings suspect also found guilty in fraud case

Afghan killings suspect also found guilty in fraud case
Updated on

Summary The arbitration panel found conduct of Robert Bales as fraudulent and malicious.

The soldier accused in the massacre of 16 Afghan civilians owes $1.5 million from a 2003 arbitration ruling that found him guilty of securities fraud.The National Association of Securities Dealers found that Robert Bales, another man and his company engaged in fraud, breach of fiduciary duty, churning, unauthorized trading and unsuitable investments.Records show Gary Liebschner of Columbus, Ohio, filed the complaint in 2000, when Bales was a stockbroker.The arbitration panel found Bales conduct fraudulent and malicious.An Ohio TV station quotes Liebschners wife as saying they asked Bales to sell stock to pay medical bills but never received the proceeds.About one and half years after the complaint was filed, Bales enlisted just two months after the Sept. 11 attacks.Bales hasnt been charged in the Afghan killings.

Browse Topics