Former Financial institution CEO Sentenced to Jail for $47M Crypto Fraud Resulting in Financial institution Collapse

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The previous CEO of failed Heartland Tri-State Financial institution was sentenced to over 24 years in jail for embezzling greater than $47 million in a fraudulent crypto scheme that induced the financial institution’s collapse. He funneled the stolen funds into cryptocurrency wallets linked to a “pig butchering” rip-off, resulting in a $9 million loss for buyers and […]

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