AP NEWS

Man told to repay Texas and Iowa clients he fleeced

December 20, 2018

DES MOINES, Iowa (AP) — A suburban Des Moines man convicted of fleecing clients in Iowa and Texas has been imprisoned and ordered to pay restitution of nearly $935,000.

Prosecutors say 60-year-old Roger Goodwin was sentenced Tuesday in U.S. District Court in Des Moines to 97 months. A jury convicted him in August of seven counts of mail fraud.

Prosecutors say that between 2013 and August 2016, Goodwin recommended life insurance or annuity contracts to several Houston- and Des Moines-area clients of his company, the Goodwin Network of Advisors, and then deposited their checks in his bank account.

Authorities say the Windsor Heights, Iowa, man used part of the money for his personal expenses and some of it to repay other clients or make payments to insurance companies on behalf of other clients.

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