We’re Not a Bank in Kansas Anymore

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.


  • (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
  • (16:58) - The Rise and Fall of Heartland Tri-State Bank
  • (24:22) - Unveiling the Pig Butchering Scam
  • (25:17) - What is Pig Butchering?
  • (26:27) - The Point of No Return
  • (27:18) - Role-Playing the Pig Butcher
  • (28:21) - The Scam Unfolds
  • (31:59) - The Bank CEO's Desperate Gamble
  • (38:16) - The Aftermath and Investigation
  • (46:09) - Shan Hanes Charged
  • (49:22) - 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.

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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:

Creators and Guests

Caleb Newquist
Host
Caleb Newquist
Writer l Content at @GustoHQ | Co-host @ohmyfraud | Founding editor @going_concern | Former @CCDedu prof | @JeffSymphony board member | Trying to pay attention.
Greg Kyte, CPA
Host
Greg Kyte, CPA
Mega-pastor of @comedychurch and the de facto worlds greatest accounting cartoonist.
We’re Not a Bank in Kansas Anymore
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