Cryptocurrency 'pig butchering' scam wrecks Kansas bank, sends ex-CEO to prison for 24 years [MSNBC.com]
Midland States Bancorp, Inc. (MSBI)
Last midland states bancorp, inc. earnings: 4/23 04:30 pm
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Source: MSNBC.com
The former CEO of a smallKansas bankprisonThe massive embezzlement by ex-CEOShan HanesFDICHeartland Tri-State BankfailedHanes, 53, also swindled funds from a local church and investment club — and a daughter’s college savings account — to transfer money, purportedly to buy cryptocurrency as the scammers insisted they needed more funds to unlock the supposed returns on his investments, according to records from U.S. District Court in Wichita, Kansas.But Hanes never realized any profit and lost all of the money he stole as a result of the scam.Judge John Broomes on Monday sentenced Hanes to 293 months in prison — 29 months more than what prosecutors requested after he pleaded guilty in May to a single count of embezzlement by a bank officer.During the sentencing hearing, “I called his actions ‘pure evil,’” said Brian Mitchell, who for years was Hanes’ next-door neighbor in Elkhart, a town of 2,000 or so people in southwestern Kansas, north of the Oklahoma panhandle.Mitchell, whose farm
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News
- Is Midland States Bancorp (MSBI) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
- Midland States Bancorp, Inc. Announces Common Stock and Preferred Stock DividendsGlobeNewswire
- Midland States Bancorp, Inc. (NASDAQ: MSBI) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Midland States Bancorp, Inc. (NASDAQ: MSBI) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Midland States Bancorp, Inc. (NASDAQ: MSBI) had its price target raised by analysts at Piper Sandler from $26.00 to $27.00. They now have a "neutral" rating on the stock.MarketBeat
MSBI
Earnings
- 10/24/24 - Beat
MSBI
Sec Filings
- 11/12/24 - Form 8-K
- 11/12/24 - Form 4
- 11/12/24 - Form 144
- MSBI's page on the SEC website