The Federal Bureau of Investigation (FBI) has arrested a Dallas County man accused of money laundering.

A press release from the Iowa Insurance Division states that 51-year-old William Jack Berg was taken into custody without incident on April 4th in Shawnee, Kansas. According to the press release, Berg apparently stole money from over a dozen client investors in the Dallas County area to use for personal expenses. 

Berg was a financial advisor from Waukee and lived at a residence in Adel. The loss added up to $1.5 million. An arrest warrant was originally issued on March 19th.