Epoch Times CFO Charged in $67M Money Laundering Scheme
TL;DR
The CFO of the right-wing Epoch Times, Weidong Guan, has been charged with laundering $67 million through cryptocurrency in a scheme involving insurance fraud and other illegal activities. The DOJ alleges that Guan and his team used stolen personal information to open bank accounts and funnel the money to the Epoch Times, falsely claiming it came from donations. The Epoch Times has suspended Guan and is cooperating with the investigation.
- Epoch Times embroiled in alleged cryptocurrency money laundering scheme The Washington Post
- Epoch Times CFO Bill Guan is charged in alleged $67 million global money laundering scheme CNBC
- CFO of Epoch Times arrested over accusations he laundered $67m in unemployment benefits and other fraud Sky News
- Epoch Times CFO Weidong 'Bill' Guan accused of laundering $67 million USA TODAY
- Epoch Times Executive Accused of Laundering $67 Million The New York Times
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