• Shawdow194@fedia.io
    link
    fedilink
    arrow-up
    35
    ·
    4 months ago

    “Many victims will never fully recoup losses to their life savings and retirement funds, but at least we at the Department of Justice can see that Hanes is held criminally responsible for his actions.”

    • teft@lemmy.world
      link
      fedilink
      English
      arrow-up
      25
      ·
      4 months ago

      I would hope most people would be made whole through FDIC insurance. That’s 250k per depositor, per insured bank, for each account ownership category.