Shan Hanes Sentenced for Crypto Fraud
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•Who Is Shan Hanes? Former Kansas Bank CEO Sentenced To 24 Years in Prison for Crypto Fraud | CoinGape
56% Informative
Shan Hanes is the former CEO and President of Heartland Tri -state Bank in Elkhart , Southwest Kansas .
He was booked for fraud and theft at the beginning of the year .
The former Kansas Bank CEO has pleaded guilty earlier and is now up for a sentence of 24.5 years .
Despite that, the victims, which were local to the area have endured a heavy loss of $9 Million .
However, the court imposed no fines on Hanes other than imprisonment to cover their losses first .
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