Epoch Times CFO Charged in $67M Money Laundering Scheme
TL;DR
Weidong Guan, CFO of The Epoch Times, has been charged with laundering $67 million and bank fraud, significantly boosting the company's revenue. The Justice Department alleges he ran a transnational scheme involving fraudulently obtained funds, including unemployment benefits. If convicted, Guan faces up to 20 years for money laundering and 30 years for each bank fraud charge.
- 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
- The Epoch Times CFO charged with $67m money laundering scheme BBC.com
- DoJ accuses far-right Epoch Times of being money-laundering operation The Guardian
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