Skip to main content
See every side of every news story
Get Started
SubscribeLogin
Published • loading... • Updated

Pig-butchering: Southeast Asia's scam hubs

Summary by The Week
In 2022, Shan Hanes, the chief executive of the Heartland Tri-State Bank in Kansas, met a friendly investment adviser from Australia on WhatsApp. The adviser persuaded Hanes to invest a few thousand dollars in an online cryptocurrency-trading platform, which generated impressive returns. Hanes ended up investing all his own money, $60,000 from his daughter's college fund, $40,000 from his local church and $47 million from the bank he ran. The “a…

1 Articles

The WeekThe Week
Lean Left

Pig-butchering: Southeast Asia's scam hubs

In 2022, Shan Hanes, the chief executive of the Heartland Tri-State Bank in Kansas, met a friendly investment adviser from Australia on WhatsApp. The adviser persuaded Hanes to invest a few thousand dollars in an online cryptocurrency-trading platform, which generated impressive returns. Hanes ended up investing all his own money, $60,000 from his daughter's college fund, $40,000 from his local church and $47 million from the bank he ran. The “a…

·Washington, United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Left
100% Left

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

The Week broke the news in Washington, United States on Sunday, April 12, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)
Blindspot Title And Logo
Stories disproportionately reported by the Left or the Right

Similar News Topics

Myawaddy icon

Myawaddy

News
Feed Dots Icon
For You
Search Icon
SearchBlindspot LogoBlindspotLocal