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this post was submitted on 22 Aug 2024
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Given that he was embezzling bank funds to funnel into a fake crypto scam, and the people who those funds belonged to were not in fact the bank, and the article suggests those people were not made whole, I'm just gonna say that it's not about the bank, it's about the people who lost shit like their life savings to this a-hole.
It sounds like no customer with the bank lost anything. Only investors who I assume are well off anyways.
The banks customers were not the only people who he stole from. However, I concede the point.
Oh yeah. That's fair.
I guess the silver lining here was that it could have been so much worse but thank goodness for FDIC.