Cryptocurrency ‘pig butchering’ scam wrecks Kansas bank, sends ex-CEO to prison for 24 years
It absolutely boggles my mind how someone can climb the corporate ladder, become the CEO of a bank, and then fall victim to a simple scam like the Nigerian Prince scheme. It just goes to show that intelligence, or lack thereof, does not discriminate based on position or title. The fact that this ex-CEO fell for a cryptocurrency scam, stole money from his own bank, a church, and even his daughter’s college fund is beyond comprehension.
The sheer audacity and delusion of thinking that pouring more money into an investment to “unlock returns” is a legitimate strategy is mind-boggling. What’s even more alarming is the fact that this man was seen as a pillar of the community, preaching at his local church, and testifying before Congress.… Continue reading