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I want to talk for a few minutes with Kansas about banking — not with the few who understand the mechanics, and TEFFI, but with the majority.
Hesston, Kansas, native and Dallas businessman Brad Heppner has plans to bring a grocery store, retail and chapel to his home town along with his "technology-enabled fiduciary financial institution." As he faces allegations of fraud and the SEC investigates his former business, Kansas legislators continue to support his unique business.
Hesston, Kansas, native and Dallas businessman Brad Heppner has plans to bring a grocery store, retail and chapel to his home town along with his "technology-enabled fiduciary financial institution." As he faces allegations of fraud and an SEC investigation from past deals, Kansas legislators continue to support his unique business.
City leaders and state officials have been promised that a TEFFI is a risk-free route toward rural development. They've been enthusiastic. But now the business, its regulation and those promises face questions.