July 4, 2024
Crypto

What to know about pig butchering, crypto scam Kansas banker fell for

The former CEO of Heartland Tri-State Bank in Elkhart pleaded guilty to embezzling $47 million in bank funds to funnel into a cryptocurrency scam. Shan Hanes, the former bank executive, could be sentenced to a maximum of 30 years, fined up to $1 million and be forced to pay up to $60.5 million in restitution.

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