Former US Bank CEO Shan Hanes Jailed For Stealing $47 Million In Crypto Scheme
The embezzlement caused the bank to fail and lead to its takeover by the FDIC. (Image) The former CEO of a US bank has been sentenced to more than 24 years in federal prison for embezzling $47 million in a cryptocurrency fraud scheme. CNBCFormer Heartland Tri-State Bank CEO Shan Haines fell for a “pig slaughter” […]
Ex-bank CEO Shan Hanes sentenced 24 years for crypto scheme
The former CEO of a small Kansas bank has been sentenced to more than 24 years in prison for stealing a massive $47 million from which he never profited, according to court documents. Federal prosecutors say former Heartland Tri-State Bank CEO Shan Haines was tricked by con artists in a “pig slaughter” scheme, conning him […]
