Hanes was lured into a so-called pig butchering scam, whereby a cryptocurrency scammer convinces the hog to put more and more money into a fake currency in an effort to reap a profit.
Ultimately, the lure of easy money quickly results in the complete loss of all funds, indicating the deceptive nature of such scams.
It was certainly devastating in this case when the defendant had access to such a large amount of money, and the theft occurred in a short 8-week period.
Hanes had a position of trust in the small city and used that position to clear transfers to the scammer without serious impediment.
Collection
[
|
...
]