Finance
Kansas Banker Charged With Embezzling $47 Million to Buy Crypto
- US claims are latest twist in unfolding Great Plains saga
- Prosecutors charge Heartland Tri-State Bank’s former CEO
The former chief executive officer of a Kansas bank was charged with embezzling $47.1 million from the lender to buy cryptocurrency, as the tale of tiny Heartland Tri-State Bank and its failure unfolds.
Shan Hanes, who led the bank before it was shuttered in July, also took money from a local church, according to a filing by prosecutors Friday in federal court in Wichita.