(Both MacArthur and Gravette are also graduates of The Master’s University where John MacArthur serves as chancellor. The son of one of America’s most prominent preachers has been charged with fraud, according to Securities and Exchange Commission (SEC) filings.. Mark MacArthur, whose father John MacArthur is the senior pastor at Grace Community Church in California, has been charged with Failure to Disclose Financial Conflicts of Interest at Criterion Wealth Management Insurance Services, Inc. )” “Also charged is MacArthur’s former business partner, Robert Gravette, and Criterion Wealth Management—the company MacArthur and Gravette co-owned until MacArthur left the company in 2017. The Securities and Exchange Commission on Feb. 12 charged the California-based investment advisory firm Criterion Wealth Management Insurance Services and its then co-owners Mark MacArthur and Robert Gravette with failing to reveal financial conflicts of interest when recommending certain investments to their clients between 2014 and 2017. SEC Brings Charges Against Mark MacArthur “Mark MacArthur, son of John MacArthur and board member of MacArthur’s Grace to You ministry, has been charged by the Securities and Exchange Commission of engaging in a scheme to defraud clients over a three year period from 2014 to 2017. A complaint was filed against Mark MacArthur, son of evangelical pastor and radio host John MacArthur, alleging the younger MacArthur and his former business partner defrauded clients in a $16 million investment scheme. If you or someone you know was a client of Criterion Wealth Management Insurance Services and invested in various private real estate investments through Robert Gravette or Mark MacArthur, please contact Stoltmann Law Offices at 312-332-4200 for a free, no-obligation consultation with a securities attorney. Mark has 6 jobs listed on their profile. MacArthur, a co-owner of Criterion Management Insurance Services, allegedly urged his clients to invest millions of dollars in four real estate investment funds without disclosing that the managers of those funds had paid Criterion more than a million dollars between 2014 and 2017.

The Securities and Exchange Commission on Feb. 12 charged the California-based investment advisory firm Criterion Wealth Management Insurance Services and its then co-owners Mark MacArthur and Robert Gravette with failing to reveal financial conflicts of interest when recommending certain investments to their clients between 2014 and 2017. The Securities and Exchange Commission on Feb. 12 charged the California-based investment advisory firm Criterion Wealth Management Insurance Services and its then co-owners Mark MacArthur and Robert Gravette with failing to reveal financial conflicts of interest when recommending certain investments to their clients between 2014 and 2017.