logo
welcome
CoinGape

CoinGape

Who Is Shan Hanes? Former Kansas Bank CEO Sentenced To 24 Years in Prison for Crypto Fraud | CoinGape

CoinGape
Summary
Nutrition label

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 .