br00t4c, to China
@br00t4c@mastodon.social avatar

Epoch Times Executive Accused of Laundering $67 Million

Weidong Guan was charged with three counts in a scheme that the Justice Department said caused revenue to surge for the company, which has promoted Donald Trump and conspiracy theories.

#epochtimes #farright #gop #gopliesabouteverything #china #moneylaundering #falungong #propaganda #aml #kyc #crypto #weidongguan #billguan #covid #disinformation

https://www.nytimes.com/2024/06/03/us/politics/epoch-times-money-laundering-doj.html

_L1vY_, to random
@_L1vY_@mstdn.social avatar

Weidong "Bill" Guan, CFO of far-right Epoch Times, arrested in the US for his part in conspiracy to launder a massive $67 million in fraudulent proceeds.

Curiously, no reports currently on Epoch Times outlets. 😂

https://www.justice.gov/usao-sdny/pr/chief-financial-officer-multinational-media-company-charged-participating-scheme

_L1vY_,
@_L1vY_@mstdn.social avatar

Via Will Sommer
@willsommer
5:33 PM · Jun 3, 2024

"This Epoch Times CFO indictment is wild. Feds say Epoch Times had a "Make Money Online" team that funded a huge part of the Falun Gong-affiliated, MAGA outlet's budget through money laundering fraudulent debit cards."

THE MONEY LAUNDERING SCHEME 8. Beginning in or about early 2020, individuals affiliated with the Media Entities- including members of the MMO Team-began purchasing tens of thousands of prepaid debit cards 3 below cost on a cryptocurrency platform ("Cryptocurrency Platform-1"). The prepaid debit cards were issued by different debit card companies and loaded with U.S. dollars that had been unlawfully obtained through various frauds (i.e., the crime proceeds). For example, certain of the prepaid debit cards were loaded with fraudulently procured unemployment insurance benefits obtained using stolen personal identification information of U.S. residents. The crime proceeds were sold on Cryptocurrency Platform-1 to affiliates of the Media Company's Foreign Office at discounted rates of approximately 70 to 80 cents per dollar and in exchange for cryptocurrency. Once purchased, the crime proceeds were transferred to bank accounts of the Media Entities (the "Media Entities' Bank Accounts"), including through multiple layered transactions designed to conceal the unlawful origins of the funds.
b. In or about January 2021, GUAN expressed gratitude to employees of the Media Company's Foreign Office for the significant increase in revenue in or about 2020. For example, on or about January 7, 2021, GUAN emailed employees of the Media Company's Foreign Office, including members of the MMO Team which was largely responsible for executing the Money Laundering Scheme-for the "team's contribution last year" and for making "a huge profit and donat[ing] all of it to our media group." GUAN wished the team "a better performance" in 2021.

mrundkvist, to China
@mrundkvist@archaeo.social avatar

Just a reminder: the news organisation and travelling shows are propaganda outlets for Chinese . The conflict between and the Chinese Communist Party has no good guy, only two bad guys.

TruthSandwich, to politics

61% of Republicans are Christian nationalists.

https://youtu.be/CXKc7MMB1uQ?t=673

SrRochardBunson,

@TruthSandwich Man. Check out the >2 min Epoch (Times) documentary ad served up on that video.

is a BTW.

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