Epoch Times CFO Charged in $67M Money Laundering Case
TL;DR Summary
Bill Guan, CFO of the Epoch Times, has been arrested for allegedly leading a $67 million money laundering scheme involving cryptocurrency. Federal prosecutors claim the scheme enriched the news outlet significantly, with its revenue surging by 410% in one year. Guan faces charges of money laundering and bank fraud, and if convicted, could face over 30 years in prison. The Epoch Times has suspended Guan and pledged to cooperate with the investigation.
- The Epoch Times CFO charged with $67m money laundering scheme BBC.com
- Epoch Times Executive Accused of Laundering $67 Million The New York Times
- Epoch Times CFO Bill Guan is charged in alleged $67 million global money laundering scheme CNBC
- DOJ Says Epoch Times Is an Epic Money-Laundering Operation New York Magazine
- Feds Accuse Far-Right Newspaper Epoch Times of Being a Money Laundering Operation The Daily Beast
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