Talk of The Villages Florida - View Single Post - Need help for my parents they have GWG L Bonds with Michael Whitaker and Associates
Thread: Need help for my parents they have GWG L Bonds with Michael Whitaker and Associates
View Single Post
 
Old 04-07-2023, 05:53 PM
MDFlyer MDFlyer is offline
Senior Member
Join Date: Mar 2022
Posts: 124
Thanks: 19
Thanked 82 Times in 60 Posts
Default
Quote:
Originally Posted by Plinker View Post
It appears that Mr. Whitaker has chosen not to answer our questions. Crickets are chirping, Mr. Whitaker. Your silence speaks volumes. The OP can file a formal complaint via the FINRA website. Google “File a FINRA Broker Complaint”. Scroll to the FINRA.org website.
Also, the following link describes another financial advisor in The Villages that was aggressively selling these high-risk L-bonds to seniors and ended up with around 17 disclosures and at least 12 SEC awards.
Mr. Whittaker settled one disclosure complaint for $14,999, according to the FINRA website. I suspect Mr. Whitaker is going to have his hands full defending the sale of these bonds as a precedent has been arbitrated.

Complaint Filed Against National Securities in The Villages, Florida Over Mark Cline’s Sale of GWG L Bonds - EIN Presswire
Count us in for two with FINRA. Found out today that Michael charged my wife a fee to sell off our other bad investments that he put us in. Some nerve...............