A Kansas pig butchering: CEO who defrauded bank, church, friends gets 24 years

The FBI has recovered $8 million in funds from a cryptocurrency scam that netted $47 million and devastated the Kansas city of Elkhart. In August, Shan Hanes, 53, was sentenced to 24 years and five months in prison after he admitted to one count of embezzlement by a bank officer, an action that crashed the Heartland Tri-State Bank, which he headed.

Source: The Register

 


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