How could a bank CEO be so stupid to fall for a financial scam like this? He must know how these work, banks are constantly fighting against scams and warning customers
How the fuck the bank would allow the CEO to go rogue and request/make these transactions? They have board, supervisory board, risk mgmt, yet nobody stopped or noticed the fraud until his neighbor(!) told them. This institution shouldn’t be allowed to handle people’s money
Wtf is the attorney’s sad speech about being unsure ppl getting back their savings? They were insured, they get the money back. Pay the fuck up and reimburse your clients for the bank’s mistake
According to NBC News, Hanes missed at least one opportunity to realize that he was being scammed. After he asked for a $12 million loan from a neighbor, Brian Mitchell, his neighbor detected the scam and refused to lend the money.
Wild story, but many things I don’t get:
This one blew me away.
My limit is like $40.
Cheap bastard! Who would deny their neighbor coming over to borrow some sugar and a couple mills?
Well the house is presumably up for purchase now. I feel like I want to be this guy’s neighbor.
Hey Bob, I want to buy a luxury yacht but I only have $12.50 in the bank, can I borrow $2 million please I’ll have it back to you by Friday.
Uh, a luxury yacht costs a lot more than $2M, $2M gets you a premium fishing/speed boat.