Epoch Times CFO Charged in Alleged Money Laundering Scheme
Epoch Times CFO Charged in Alleged Money Laundering Scheme
The Facts
The chief financial officer (CFO) of the Epoch Times, Bill Guan, has been arrested and charged with leading a yearslong scheme that laundered at least $67M of illicit funds to enrich himself and the news outlet.
The chief financial officer (CFO) of the Epoch Times, Bill Guan, has been arrested and charged with leading a yearslong scheme that allegedly laundered at least $67M of illicit funds to enrich himself and the news outlet.
The Spin
Like other alternative news outlets that have strayed from left-leaning mainstream media, the Epoch Times has come under attack. The Biden admin. is committed to targeting political opponents and dissident journalists on the right. It's not hard to connect the dots and see that Biden's weaponized DOJ is politically targeting pro-Trump outlets.
As expected, the right is claiming that the charges against Bill Guan are a political attack by the Biden administration. They have immediately jumped to defend the Epoch Times despite the facts that implicate the outlet in a criminal $67M money laundering scheme. This clearly problematic news company must be probed in accordance with the law.
