The U.S. Department of Justice believes the Bank of Kansas failure is linked to the $225 million "pig killing tray" seizure
A Kansas banker stole millions of dollars from his small-town bank in 2023, causing the bank to fail, according to a complaint filed Wednesday, the Internet reported. Most of the money he stole was lost to overseas cryptocurrency scammers who were the target of a record-breaking crackdown by the U.S. Department of Justice. Prosecutors have filed civil forfeiture lawsuits targeting more than $225 million in laid-laundering USDT. The money was part of a "pig-killing plate" scam linked to a call center in the Philippines and entailing the infamous former CEO of Heartland Tri-State Bank Shan Hanes. Hanes embezzled $47 million, a theft that was directly identified as the cause of the agricultural lender's collapse in 2023.
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