John Crigler: $100K L Bond Complaint Against JRL Capital Advisor

Irvine, California financial advisor John Crigler (CRD# 1014977) recently received an investor complaint alleging his recommendation to invest in GWG L bonds resulted in six-figure losses. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with JRL Capital Corporation.

Mr. Crigler’s BrokerCheck report discloses one investor complaint against him. Filed in May 2022, it alleges that as a representative of JRL Capital Corporation, he breached his fiduciary duty, misrepresented and omitted material information, violated Blue Sky Laws, breached contract, failed in his supervisory duties, acted negligently, and recommended unsuitable investments in GWG L bonds. The pending complaint alleges damages of $100,000.

According to the Financial Industry Regulatory Authority, John Crigler holds 40 years of securities industry experience. Based in Irvine, California, he has been a broker and an investment advisor with JRL Capital Corporation since 2020. His past registrations include Voya Financial Advisors (Irvine, California; 2005-2020), Crown Capital Securities (Orange, California; 1999-2005), Mutual Service Corporation (Boston, Massachusetts; 1999), Titan/Value Equities Group (Irvine, California; 1997-1999), United Pacific Securities (Carlsbad, California; 1996-1997), Mutual Service Corporation (Boston, Massachusetts; 1996), Equico Securities (New York, New York; 1981-1996), and the Equitable Life Assurance Society of the United States (New York, New York; 1981-1995). His credentials include the passage of seven securities industry qualifying examinations: the General Securities Principal Examination, or Series 24; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Direct Participation Programs Representative Examination, or Series 22; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. He is licensed in California. (Information current as of August 27, 2022.)

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