The ex-CEO of a small bank reportedly sent shockwaves through a small American community when he fell for an elaborate crypto scam, causing over $47 million in damages and wiping out generational ...

Shan Hanes, 52, of Elkhart, pleaded guilty Thursday in U.S. District Court to one count of embezzlement by a bank officer. Sentencing is scheduled for Aug. 8, with a maximum of 30 years in prison ...

Shan Hanes, 53, was sentenced to 24 years and five months behind bars in August 2024 for embezzling $47.1million to purchase crypto - an act that led to the demise of a respected bank and the ...

That trust collapsed in July 2023 when bank president Shan Hanes funneled $47.1 million into crypto, only for it to vanish into overseas wallets. The bank collapsed. The town was left in financial ...

Over the past few weeks, the bank’s longtime president, a popular local businessman named Shan Hanes, had ordered a series of unexplained wire transfers that drained tens of millions of dollars ...

Read this New York Times report about Shan Hanes embezzling more than $31 million into a suspicious crypto investment before the money disappeared. “I’ll forever struggle understanding how I ...

A couple of early ideas were based on mobile phones and emojis. The first episode of “Scam Inc” tells the story of Shan Hanes, the chief executive of a bank in rural Kansas, who was ...

Over the past few weeks, the bank’s longtime president, a popular local businessman named Shan Hanes, had ordered a series of unexplained wire transfers that drained tens of millions of dollars ...

In August of last year, Shan Hanes, the former CEO of Heartland Tri-State Bank (HTSB) in Elkhart, Kansas, was sentenced to 24 […] The post Kansas Town Rocked by Former Banker Who Was Duped by $ ...