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Ex-bank CEO gets 24 years after falling for crypto scam, causing bank collapse (arstechnica.com)

submitted 2 months ago by Xatolos@reddthat.com to c/technology@lemmy.world

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[–] ByteOnBikes@slrpnk.net 66 points 2 months ago (2 children)

This one blew me away.

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.

My limit is like $40.

[–] Plopp@lemmy.world 23 points 2 months ago (1 children)

Cheap bastard! Who would deny their neighbor coming over to borrow some sugar and a couple mills?

[–] echodot@feddit.uk 9 points 2 months ago (1 children)

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.

[–] sugar_in_your_tea@sh.itjust.works 5 points 2 months ago (2 children)

Uh, a luxury yacht costs a lot more than $2M, $2M gets you a premium fishing/speed boat.

[–] jasoncg@programming.dev 8 points 2 months ago

I mean, it's one banana. What could it cost, $10m?

[–] orrk@lemmy.world 2 points 2 months ago

I know, these poors don't know anything about the struggles we face. (did you know mike just got himself a Benetti that's 2 meters longer than mine? honestly, who does he think he is)

[–] nandeEbisu@lemmy.world 3 points 2 months ago

Damn, even with inflation? You must be super on guard. That being said. I will turn on my A game to shave $0.50 off of a set of coasters from a tourist shop while on vacation.