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Rural Kansas banker steals $47M in crypto pig butchering scam

Friday February 21, 2025. 01:53 PM , from BoingBoing
Rural Kansas banker steals $47M in crypto pig butchering scam
A trusted small-town banker in Elkhart, Kansas fell victim to an overseas crypto 'pig butchering' scam, stealing $47.1M from his own community bank to feed it, reports the New York Times in this lengthy and engrossing feature story.
Shan Hanes, president of Heartland Tri-State Bank, was approached on social media by scammers who convinced him to invest, first his own money then the bank's. — Read the rest
The post Rural Kansas banker steals $47M in crypto pig butchering scam appeared first on Boing Boing.
https://boingboing.net/2025/02/21/rural-kansas-banker-steals-47m-in-crypto-pig-butchering-scam.html

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