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The Nexus
CRIMEJul 9 · 22:22 UTCWTOP DCWTOP Staff

Ex-Epoch Times CFO pleads guilty in $67M multinational money laundering scheme

Weidong 'Bill' Guan, former CFO of The Epoch Times, pleaded guilty to conspiracy in a $67 million money laundering scheme involving cryptocurrency and fraudulently obtained unemployment benefits. The scheme used stolen personal information and prepaid debit cards to launder funds through the company's accounts, leading to a 410% increase in the organization's revenue.

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