• Darkassassin07@lemmy.ca
    link
    fedilink
    English
    arrow-up
    117
    ·
    3 months ago

    Hanes stole tens of thousands from a local church, then a local investor club, and finally his daughter’s college fund, NBC News reported. Then when all those wells dried up, he started stealing bank funds

    Wow, what a PoS

    • ShepherdPie@midwest.social
      link
      fedilink
      English
      arrow-up
      58
      ·
      3 months ago

      It states that he never once received anything back yet was convinced even after being arrested and sending 10s of millions of dollars into a black hole, that he only needed another month or two to earn everything back. How the fuck can someone be duped so hard?

    • Shawdow194@fedia.io
      link
      fedilink
      arrow-up
      36
      ·
      3 months ago

      “Many victims will never fully recoup losses to their life savings and retirement funds, but at least we at the Department of Justice can see that Hanes is held criminally responsible for his actions.”

      • teft@lemmy.world
        link
        fedilink
        English
        arrow-up
        26
        ·
        3 months ago

        I would hope most people would be made whole through FDIC insurance. That’s 250k per depositor, per insured bank, for each account ownership category.