Chief financial officer of the conservative Global News Network Epoch Times He was arrested on suspicion of involvement in a large-scale international money laundering scheme.
The federal government suspects there was a long-running scheme to launder at least $67 million in illicit funds. The prosecutor Monday.
According to the indictment, Bill Guan, 61, led the media company’s “online money making” team, which allegedly used cryptocurrency to purchase tens of millions of dollars worth of criminal proceeds.
File/Four men armed with sledgehammers broke into the Hong Kong printing plant of anti-communist newspaper Epoch Times and looted the building on Monday, local Hong Kong news outlet Coconuts Hong Kong reported. (Screenshot)
Guan was arrested Sunday morning and pleaded not guilty before a federal magistrate judge in Manhattan on Monday afternoon, according to a court notice.
If convicted, the Secaucus, New Jersey, man could face more than 30 years in prison, the BBC reports. Reports.
In a statement on Monday evening, Epoch Times The company told the BBC that it “will, and will continue to, cooperate fully with any investigation into the allegations against Mr Guan.”
“Although Mr. Guan is innocent until proven guilty beyond a reasonable doubt, the company has suspended him until this matter is resolved,” the news agency reported.
The political bias of far-left Wikipedia is out of control, and it’s a problem because far-left Google shows Wikipedia results at the top of search results, even though no serious teacher in America considers Wikipedia to be a trustworthy source of information. https://t.co/pTGTldCbEB
—Breitbart News (@BreitbartNews) August 28, 2019
He did not answer specific questions about the “Make Money Online” team mentioned by prosecutors.
Founded in 2000 Epoch Times It began as a small, low-budget, anti-Communist newspaper distributed for free in New York and has since grown to have a global footprint.
