Epoch Times CFO Bill Guan charged in alleged $67 million global money laundering scheme

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Create your free profile or log in to save this article Create your free profile or log in to save this article The chief financial officer of conservative global news outlet The Epoch Times has been arrested and charged with leading a yearslong scheme to launder at least $67 million in illicit funds, federal prosecutors said Monday. The “sprawling” scheme — which involved cryptocurrency, tens of thousands of prepaid debit cards, fraudulently obtained unemployment insurance benefits and stolen personal information — fueled a massive increase in The Epoch Times’ reported annual revenue, prosecutors alleged. Weidong “Bill” Guan, 61, is charged...