Dayuhan:
I disagree. The arbitration found fraud, unauthorized trading, churning and breach of fiduciary duty. None of those can be considered within the bounds of aggressive investing. They are all pretty well within the bounds of lying, cheating and stealing regardless of investment climate of the time. The arbitrator imposed whopping punitive damages, so I believe it probably was beyond the bounds.
It is part of a pattern. Does it mean that any grifter is a mass murderer? No, but it does mean that mass murder doesn't normally come from nowhere.
A record like this would have resulted in a failed background check, definitively failed, in the PD I was familiar with.
Bookmarks