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scammed bankerABC News
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76% Informative
In August , former Kansas bank CEO Shan Hanes was sentenced to 24 years after stealing $47 million from customer accounts.
Prosecutors said Hanes also stole $ 40,000 from his church, $ 10,000 in an investment club and $ 60,000 .
The FBI recovered the funds from a cryptocurrency account held by Tether Ltd. in the Cayman Islands .
"I just can’t describe the weight lifted off of us," one victim says.
Hanes , 53 , may be in his late 70s when he is released and is unlikely to be able to pay the FDIC the $47.1 million still owed.
Judge Broomes says the economic circumstances of shareholders “who became insolvent because of a fraud scheme” justified paying them back first .
Hanes and his attorney tried to explain what had happened.
VR Score
79
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