Category embezzlement
Former Bank CEO Sentenced to Prison for $47M Crypto Fraud Leading to Bank Collapse
The former CEO of failed Heartland Tri-State Bank was sentenced to over 24 years in prison for embezzling more than $47 million in a fraudulent cry...
Aug, 21, 2024
by Bitcoin News
Former Finance VP Pleads Guilty to Embezzling $4 Million From Crypto Firm
Dylan Meissner, 31, of Westport, has pleaded guilty to fraud in Hartford federal court, the U.S. Department of Justice (DOJ) announced. Meissner, a...
Jul, 21, 2024
by Bitcoin News
Former Bank CEO Pleads Guilty to Embezzling $47M to Buy Crypto, Leading to Bank Collapse
Former Heartland Tri-State Bank CEO Shan Hanes pleaded guilty on Thursday to embezzling $47.1 million for personal cryptocurrency purchases, leadin...
May, 24, 2024
by Bitcoin News
Crypto Platform Haru Invest’s Top Executives Arrested for Allegedly Embezzling $826 Million
The leadership of Haru Invest finds itself behind bars, facing allegations of defrauding 16,000 customers by embezzling hundreds of millions of dol...
Feb, 08, 2024
by Bitcoin News
All I Had Was a ‘Simple Calculator’ — Former Mt Gox CEO Draws Parallels With Bankman-Fried’s Journey
Sam Bankman-Fried, the former CEO of FTX, has been denied temporary release from prison after his legal team complained about his ability to prep f...
Sep, 13, 2023
3 min read
by Bitcoin News