Kansas U.S. Attorney: Former CEO of Failed Bank Sentenced to Prison
August 20, 2024
August 20, 2024
WICHITA, Kansas, Aug. 20 -- The office of the U.S. Attorney for the District of Kansas issued the following news release:
A Kansas man was sentenced to 293 months in prison for using his former position as chief executive officer (CEO) of a bank to embezzle tens of millions of dollars in a cryptocurrency scheme which led the bank to fail at a complete loss of equity for investors.
According to court documents, Shan Hanes, 53, of Elkhart pleaded guilty to one count of e . . .
A Kansas man was sentenced to 293 months in prison for using his former position as chief executive officer (CEO) of a bank to embezzle tens of millions of dollars in a cryptocurrency scheme which led the bank to fail at a complete loss of equity for investors.
According to court documents, Shan Hanes, 53, of Elkhart pleaded guilty to one count of e . . .