Ex-Bank CEO Slammed 24 Years In Prison Over $47m Crypto Fraud

Ex-Bank CEO Slammed 24 Years In Prison Over $47m Crypto Fraud …C0NTINUE READING HERE >>>

A former Chief Executive Officer of a Kansas-based bank in the United States, Shan Hanes has been sentenced to over 24 years in prison for his involvement in a $47 million crypto fraud that crippled the bank.

Hanes who is the former CEO of the now-defunct Heartland Tri-State Bank has been sentenced to 293 months in prison after the court discovered that he embezzled millions of dollars leading to his bank’s collapse.

In an August 19 press release, the US Attorney in Kansas said Hanes who…

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