The Epoch Times
Coverage of The Epoch Times in the Nexus archive.
- Former Epoch Times executive pleads guilty to multimillion-dollar fraud scheme that funded newspaper
A former finance executive at The Epoch Times pleaded guilty to a $67 million fraud scheme involving cryptocurrency and stolen funds to boost the newspaper's revenue. The scheme, linked to a Vietnam-based group called the 'Make Money Online' team, used illicit proceeds from unemployment insurance benefits and stolen personal information to finance the publication.
- Ex-Epoch Times CFO pleads guilty in $67M multinational money laundering scheme
The former chief financial officer of The Epoch Times, Weidong 'Bill' Guan, pleaded guilty to conspiracy in a $67 million money laundering scheme involving fraudulent unemployment benefits and cryptocurrency. He admitted to knowingly processing criminal funds through the company's accounts and personal accounts.
- 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.
- Ex-Epoch Times CFO pleads guilty in $67M multinational money laundering scheme
The former chief financial officer of The Epoch Times, a conservative multinational media company, pleaded guilty to conspiracy in a $67 million multinational money laundering scheme. The plea occurred during jury selection at his trial.