Iowa Man Accused of $1.5 million Wire Fraud Scheme Wanted by FBI
William Jack Berg, who goes by Bill Berg, is a financial advisor from Waukee who allegedly defrauded more than a dozen client investors in a scheme that resulted in the loss of over $1.5 million.
The FBI is asking for the public’s assistance as they search for a Dallas County, Iowa man who is wanted for wire fraud and money laundering following an investigation by the FBI and the Iowa Insurance Division’s Fraud Bureau.
William Jack Berg, who goes by Bill Berg, is a financial advisor from Waukee who allegedly defrauded more than a dozen client investors in a scheme that resulted in the loss of over $1.5 million. Instead of investing his clients’ funds, he used the money for his personal benefit.
On March 19, 2024, a federal arrest warrant was issued for Berg in the United States District Court, Southern District of Iowa. Berg’s last known residences include Waukee and Adel, Iowa.
If you have any information concerning this person, please contact the FBI’s Omaha Field Office at (402) 493-8688. You may also contact your local FBI office, the nearest American Embassy or Consulate, or you can submit a tip online at tips.fbi.gov.
