Feds Accuse Far-Right Newspaper Epoch Times of Being a Money Laundering Operation

Justice Department News

Feds Accuse Far-Right Newspaper Epoch Times of Being a Money Laundering Operation
Money Laundering
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The indictment alleges the conspiracy-fueled paper’s massive revenue growth in recent years was tied to the chief financial officer’s fraudulent “Make Money Online” team.

by the Southern District of New York on Monday, Bill Guan was charged with one count of conspiring to commit money laundering and two counts of bank fraud. Each count carries at least a 20-year prison sentence.

According to the indictment, the money laundering scheme allegedly began in early 2020 and involved prepaid debit cards purchased below cost on a cryptocurrency platform.

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Money Laundering

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