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Former Bank CEO Sentenced to Prison for $47M Crypto Fraud Leading to Bank Collapse

The former CEO of failed Heartland Tri-State Bank was sentenced to over 24 years in prison for embezzling more than $47 million in a fraudulent crypto scheme that caused the…

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Former Bank CEO Pleads Guilty to Embezzling $47M to Buy Crypto, Leading to Bank Collapse

Former Heartland Tri-State Bank CEO Shan Hanes pleaded guilty on Thursday to embezzling $47.1 million for personal cryptocurrency purchases, leading to the bank’s collapse. From May to July 2023, Hanes…

Continue ReadingFormer Bank CEO Pleads Guilty to Embezzling $47M to Buy Crypto, Leading to Bank Collapse