Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The massive embezzlement by then-CEO Shan Hanes in a series of wire transfers over just eight weeks last year led to the collapse and FDIC takeover of Heartland Tri-State Bank in Elkhart, one of only ...

In recent years, a new type of scam has been targeting cryptocurrency users called the “pig-butchering scam.” Has anyone been really interested in getting to know you via dating apps or any of your ...

The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million — which he sent to cryptocurrency wallets controlled by scammers who had duped ...

Hanes, 53, also swindled funds from a local church and investment club — and a daughter's college savings account — to transfer money, purportedly to buy cryptocurrency as the scammers insisted they ...

Stream Los Angeles News for free, 24/7, wherever you are. Hanes, 53, also swindled funds from a local church and investment club — and a daughter's college savings account — to transfer money, ...