Kansas Bank CEO Sentenced to 24 Years for $47M Crypto Scam

Shan Hanes' embezzlement led to the collapse of Heartland Tri-State Bank, affecting countless community members.

Hanes fell victim to a 'pig butchering' scam, wiring $47 million to fraudsters.
His actions caused the bank's collapse and a $47.1 million FDIC loss.
Hanes also embezzled from a church, an investment club, and his daughter's college fund.
The scam wiped out significant portions of local residents' retirement savings.
Federal authorities warn that 'pig butchering' scams are increasingly common.