Talk of The Villages Florida - View Single Post - Need help for my parents they have GWG L Bonds with Michael Whitaker and Associates
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Old 05-27-2023, 01:38 PM
MDFlyer MDFlyer is offline
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I did not have all of my money in one investment just one "Financial Advisor" It is not that I do not know that all stocks and other investments carry risks but rather I do not think Michael L Whitaker was acting in my best interest when he put me in FS and GWG investments and then to further cause damage advised me to stay in GWG even when he knew they had missed two quarterly reports to the Government. Of course, we know now that this was because GWG was preparing for bankruptcy. If true that Whitaker sold his investment in GWG before they went bankrupt but left his clients in GWG then that could be insider trading and a breach of his Fiduciary duties to his clients.