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

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