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Former bank CEO sentenced to 24 years after being scammed into collapsing a bank

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A federal judge recently sentenced 53-year-old Shan Hanes, former CEO of Heartland Tri-State Bank (HTSB) in Elkhart, Kansas, to 24 years in prison after he illegally wired $47.1 million as part of a cryptocurrency scam, leading to the bank’s failure. Hanes also stole money from a church fund, a local…

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