{"id":32082,"date":"2026-11-04T12:48:25","date_gmt":"2026-11-04T18:48:25","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=32082"},"modified":"2026-11-04T12:48:25","modified_gmt":"2026-11-04T18:48:25","slug":"selling-away-recovery-attorneys","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/selling-away-recovery-attorneys\/","title":{"rendered":"Barred Iowa Financial Advisor Is Accused of Running $11M Ponzi Scam That Defrauded Investors"},"content":{"rendered":"<h2>Shepherd Smith Edwards and Kantas Investigates Selling Away Losses Involving Customers of Indicted Ex-LPL Financial Broker\u00a0\u00a0William Bernard Tunink<\/h2>\n<p style=\"text-align: center;\"><em><span class=\"\">Former LPL Financial stockbroker William Bernard Tunink has been federally indicted for allegedly operating an $11 million Ponzi scheme that cost investors over $2 million through unauthorized &#8220;selling away&#8221; investments.<\/span> Law firm Shepherd Smith Edwards and Kantas is currently investigating these claims and urging affected investors to seek legal recourse against the broker and brokerage firm.<\/em><\/p>\n<p><span style=\"font-weight: 400;\">If you are an investor who suffered losses while working with <\/span><a href=\"https:\/\/www.investorlawyers.com\/blog\/?p=31331\"><span style=\"font-weight: 400;\">former LPL Financial stockbroker William (Bill) Bernard Tunink,<\/span><\/a><span style=\"font-weight: 400;\"> contact Shepherd Smith Edwards and Kantas (<\/span><a href=\"https:\/\/www.investorlawyers.com\/\"><span style=\"font-weight: 400;\">investorlawyers.com<\/span><\/a><span style=\"font-weight: 400;\">) today. The former longtime broker was recently indicted on federal criminal charges of 10 counts of wire fraud related to an alleged <\/span><a href=\"about:blank\"><span style=\"font-weight: 400;\">long-term Ponzi<\/span><\/a><span style=\"font-weight: 400;\"> scam that defrauded investors from whom he raised $11M. Their losses from the scheme reportedly exceed $2M and allegedly involved <\/span><a href=\"https:\/\/www.investorlawyers.com\/selling-away.html\"><span style=\"font-weight: 400;\">selling away<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/selling-away-recovery-attorneys\/\"  title=\"Continue Reading Barred Iowa Financial Advisor Is Accused of Running $11M Ponzi Scam That Defrauded Investors\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shepherd Smith Edwards and Kantas Investigates Selling Away Losses Involving Customers of Indicted Ex-LPL Financial Broker\u00a0\u00a0William Bernard Tunink Former LPL Financial stockbroker William Bernard Tunink has been federally indicted for allegedly operating an $11 million Ponzi scheme that cost investors over $2 million through unauthorized &#8220;selling away&#8221; investments. Law firm Shepherd Smith Edwards and Kantas [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":32083,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3762,4055,3955,5554],"tags":[5555],"class_list":["post-32082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-investigations","category-featured-investigation","category-selling-away","category-selling-away-recovery-attorneys","tag-selling-away-recovery-attorneys"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Selling Away Recovery Attorneys<\/title>\n<meta name=\"description\" content=\"If you suffered losses from former LPL broker William Tunink&#039;s alleged Ponzi scheme, contact our selling away recovery attorneys today for a free consultation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/selling-away-recovery-attorneys\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Selling Away Recovery Attorneys\" \/>\n<meta name=\"twitter:description\" content=\"If you suffered losses from former LPL broker William Tunink&#039;s alleged Ponzi scheme, contact our selling away recovery attorneys today for a free consultation.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/11\/selling-away-recovery-attorneys.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Selling Away Recovery Attorneys","description":"If you suffered losses from former LPL broker William Tunink's alleged Ponzi scheme, contact our selling away recovery attorneys today for a free consultation.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/selling-away-recovery-attorneys\/","twitter_card":"summary_large_image","twitter_title":"Selling Away Recovery Attorneys","twitter_description":"If you suffered losses from former LPL broker William Tunink's alleged Ponzi scheme, contact our selling away recovery attorneys today for a free consultation.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/11\/selling-away-recovery-attorneys.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/selling-away-recovery-attorneys\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/selling-away-recovery-attorneys\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Barred Iowa Financial Advisor Is Accused of Running $11M Ponzi Scam That Defrauded Investors","datePublished":"2026-11-04T18:48:25+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/selling-away-recovery-attorneys\/"},"wordCount":631,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/selling-away-recovery-attorneys\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/11\/selling-away-recovery-attorneys.jpg","keywords":["selling away recovery attorneys"],"articleSection":["Current Investigations","Featured Investigation","Selling Away","selling away recovery attorneys"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/selling-away-recovery-attorneys\/","url":"https:\/\/www.investorlawyers.com\/blog\/selling-away-recovery-attorneys\/","name":"Selling Away Recovery Attorneys","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/selling-away-recovery-attorneys\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/selling-away-recovery-attorneys\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/11\/selling-away-recovery-attorneys.jpg","datePublished":"2026-11-04T18:48:25+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"If you suffered losses from former LPL broker William Tunink's alleged Ponzi scheme, contact our selling away recovery attorneys today for a free consultation.","breadcrumb":{"@id":"https:\/\/www.investorlawyers.com\/blog\/selling-away-recovery-attorneys\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investorlawyers.com\/blog\/selling-away-recovery-attorneys\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.investorlawyers.com\/blog\/selling-away-recovery-attorneys\/#primaryimage","url":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/11\/selling-away-recovery-attorneys.jpg","contentUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2026\/11\/selling-away-recovery-attorneys.jpg","width":600,"height":400,"caption":"selling away recovery attorneys"},{"@type":"BreadcrumbList","@id":"https:\/\/www.investorlawyers.com\/blog\/selling-away-recovery-attorneys\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.investorlawyers.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Barred Iowa Financial Advisor Is Accused of Running $11M Ponzi Scam That Defrauded Investors"}]},{"@type":"WebSite","@id":"https:\/\/www.investorlawyers.com\/blog\/#website","url":"https:\/\/www.investorlawyers.com\/blog\/","name":"Investor Lawyers Blog","description":"Published By Investment Fraud Attorneys \u2014 Shepherd Smith Edwards &amp; 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