We’re Not a Bank in Kansas Anymore

Episode 64

Legend has it that when asked why he robbed banks, the infamous 20th century bank robber Willie Sutton said, “Because that’s where the money is.” In the 21st century, banks still have the money, but the approach to robbing has changed considerably. Caleb and Greg discuss one such case that features astonishingly deceitful methods.

Sponsors
MakersHub- https://ohmyfraud.promo/makershub
RightRev - https://ohmyfraud.promo/rightrev
Blue Onion - https://ohmyfraud.promo/blueonion

(00:00) - A Bank Robbery in Elkhart
(01:06) - Meet Your Hosts: Caleb and Greg
(02:04) - Listener Reviews: The Good, The Bad, and The Ugly
(04:24) - Greg's Major Work Screw-Up
(12:19) - Welcome to Elkhart Kansas
(18:28) - The Rise and Fall of Heartland Tri-State Bank
(25:52) - Unveiling the Pig Butchering Scam
(26:47) - What is Pig Butchering?
(33:29) - The Bank CEO's Desperate Gamble
(41:39) - The Aftermath and Investigation
(51:32) - Shan Hanes Charged
(54:45) - Lessons Learned and Final Thoughts

HOW TO EARN FREE CPE

In less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for the Oh My Fraud channel. Register for the course, complete a short quiz, and get your CPE certificate.

Download the app:

Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app

Questions? Need help? Email support@earmarkcpe.com.

CONNECT WITH THE HOSTS

Greg Kyte, CPA
Twitter: https://twitter.com/gregkyte
LinkedIn: https://www.linkedin.com/in/gregkyte/

Caleb Newquist
Twitter: https://twitter.com/cnewquist
LinkedIn: https://www.linkedin.com/in/calebnewquist/

Email us at ohmyfraud@earmarkcpe.com

Sources:

Cimarron National Grassland [NPS]
Santa Fe National Historic Trail [NPS]
Dust storm. Elkhart, Kansas [Library of Congress]
Map of states and counties affected by the Dust Bowl between 1935 and 1938, originally prepared by the Soil Conservation Service. [Wikipedia]
What took down this Kansas bank? It’s a secret, but what saved depositors isn’t. [Kansas Reflector]
A $12 Million Request to Cover a Crypto Scam Sank a Bank CEO [Bloomberg]
Testimony of: Shan Hanes before the Senate Committee

Published on 1 year, 5 months ago

Podcast Episode Details

We’re Not a Bank in Kansas Anymore