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Tag: Cryptocurrency fraud scheme

Former US Bank CEO Shan Hanes Jailed For Stealing $47 Million In Crypto Scheme

Posted on August 27, 2024 By admin
Former US Bank CEO Shan Hanes Jailed For Stealing $47 Million In Crypto Scheme

The embezzlement led to the collapse and FDIC takeover of the bank. (Representational) A former chief executive officer (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. According to CNBC, Shan Hanes, the former Heartland Tri-State Bank CEO, fell…

Read More “Former US Bank CEO Shan Hanes Jailed For Stealing $47 Million In Crypto Scheme” »

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