Bill Berg Charged with Wire Fraud and Money Laundering – Goodman & Nekvasil, P.A., May Recover Investor Losses
Former ROYAL FUND MANAGEMENT, LLC financial adviser, Bill Berg charged with Wire Fraud and Money Laundering.
WILLIAM JACK BERG (CRD#: 4249868), a former financial adviser for ROYAL FUND MANAGEMENT, LLC in Clive, IA, is wanted by the FBI for allegedly defrauding more than a dozen client investors in a scheme that resulted in the loss of over $1.5 million. According to the indictment in The United States District Court for the Southern District of Iowa , Berg knowingly devised, intended to devise, and participated in a scheme and artifice to defraud investors.
The FBI recently issued a “wanted” poster which says, ” William Jack Berg is wanted for allegedly defrauding more than a dozen client investors in a scheme that resulted in the loss of over $1.5 million.”
Bill Berg is Wanted by the FBI.
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 4/03/24. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.