DES MOINES, IA — Roger Duane Goodwin, 59, of Windsor Heights, Iowa, was hit with seven counts of mail fraud on January 23, 2018, in a scheme that ripped off clients of hundreds of thousands of dollars, federal prosecutors announced. The indictment paints a picture of a trusted insurance agent who exploited that trust to line his own pockets, leaving clients in financial ruin.
Goodwin owned and operated Goodwin Network of Advisors, Inc. — also known as Goodwin Network, GN of A, and GNA Corp. — peddling life insurance, annuities, and investment products to clients in Des Moines and Houston, Texas. From at least February 2013 through August 2016, he allegedly convinced multiple clients to hand over funds to purchase insurance policies. But instead of securing coverage, Goodwin funneled their checks into a company account only he and his spouse could access.
The indictment alleges Goodwin never purchased the promised policies. Instead, he pocketed large portions of the money, diverting client funds to cover his personal expenses, repay other defrauded clients, and make belated payments to insurers for policies he had previously failed to fund. Clients believed they were protected — all while Goodwin ran a shell game built on deceit and delayed payouts.
Mail Fraud, the charge stacked against Goodwin, carries a maximum sentence of twenty years in federal prison and a $250,000 fine per count. A preliminary trial date is set for April 2, 2018, before United States District Court Judge Rebecca Goodgame Ebinger at the Des Moines Federal Courthouse.
The Federal Bureau of Investigation led the investigation into Goodwin’s operations. Prosecution is being handled by the United States Attorney’s Office for the Southern District of Iowa, underscoring the federal reach of financial crimes that exploit interstate mail systems.
The public is reminded that an indictment is only an accusation. Roger Duane Goodwin is presumed innocent unless and until proven guilty in a court of law. But the paper trail, prosecutors say, tells a damning story of betrayal and greed.
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Key Facts
- State: Iowa
- Agency: DOJ USAO
- Category: Fraud & Financial Crimes
- Source: Official Source ↗
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