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West Des Moines Man Indicted on Federal Charges Related to a Ponzi Scheme
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West Des Moines Man Indicted on Federal Charges Related to a Ponzi Scheme
A federal grand jury in Des Moines returned an indictment in October 2026 charging 10 counts of wire fraud related to a Ponzi scheme involving multiple victims and millions of dollars of loss to the victims. As alleged in the Indictment, 73 year old William Bernard Tunink solicited investments from victims under the guise that the money would be used for investment purposes. However, the Indictment alleges that Tunink ultimately used the money f…
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