Within the Wichita courtroom, Hanes provided his solely public reflection on the financial institution collapse. Carrying a grey go well with, he walked as much as the lectern, glancing nervously at his former associates within the gallery. “I’m sorry,” he informed the decide. Till the very finish, he defined, he thought he was concerned in a respectable enterprise deal. In January 2024, he informed the courtroom, he made a futile try to recoup the misplaced cash, flying to Perth, Australia, the place a few of his nonexistent enterprise companions had supposedly been primarily based. He was in contact with them till the second he landed on the airport. However no bailout materialized. It was solely then, months after the financial institution shuttered, that he accepted he had been tricked. “I’ll without end wrestle understanding how I used to be duped,” Hanes stated. “I ought to have caught it, however I didn’t.”

After Hanes completed talking, Choose Broomes rocked backward in his chair and turned to face the shareholders. “The perfect factor for you is to forgive this man,” he stated. “Depart issues of retribution to me. That’s my job, and I’ll see that it’s achieved.” He sentenced Hanes to 24 years and 5 months in jail, a punishment even better than federal prosecutors had requested. A refrain of yeses echoed from the shareholders.

Hanes’s shoulders slumped. As two U.S. marshals approached him, he undid his tie, slipped off his go well with jacket and emptied his pockets. Behind him, the shareholders went quiet. Hanes’ sister and certainly one of his daughters clung to one another, their sobs breaking the silence. Hanes checked out them as soon as, shortly, earlier than the marshals handcuffed him and led him out of the room.

At some point final October, Tucker obtained a name from an investigator on the F.B.I. It was excellent news: Federal officers had recovered $8 million of the stolen funds, which had been hidden in an account stuffed with Tether, a well-liked cryptocurrency. The stash was a small fraction of what Hanes stole, however it will be sufficient to reimburse the shareholders for almost all the cash that they had invested within the financial institution.

The jubilation Tucker might need anticipated to really feel was tempered by disappointment. His father had been out and in of the hospital, and a physician warned that he had solely days left to reside. That evening, Tucker went to his father’s hospital room and shared what he had heard. Invoice Tucker blinked a number of instances after which stated, “Oh, my.” He died every week later.