JPMorgan Chase, Bank of America and Wells Fargo Accounts Used in Alleged $92,000,000 Money Laundering Scheme: Report – The Daily Hodl
A new report claims a $92 million money laundering scheme “completely” passed through three major U.S. banks. A group of suspected drug traffickers and money launderers are accused of depositing hundreds of thousands of dollars in illicit funds into accounts at JPMorgan Chase, Bank of America and Wells Fargo. Reports CNN reported, citing court documents. […]
Man Ran Drug Trafficking, Money Laundering Network From Inside Federal Prison, Authorities Allege
Federal prosecutors in North Dakota on Wednesday charged a man with running a drug trafficking and money laundering network inside a federal prison. Jesus Amrahaby Celestin Ortega, a.k.a. “Flaco,” 26, has been charged since January 2022 with “allegedly engaging in drug-related and money laundering conspiracies, and a continuing criminal enterprise while serving time in federal […]
What will become of The Epoch Times with its chief financial officer accused of money laundering?
The Epoch Times’ chief financial officer, Weidong Bill Guan, was indicted on charges of misappropriating $67 million in criminal proceeds to the media outlet, its affiliates and himself. Guan pleaded not guilty but was suspended from the media company. Founded in 2000, The Epoch Times is a newspaper published in 23 languages. The arrest this […]
Epoch Times CFO Charged In $67M Money Laundering Scheme
A reporter from The Epoch Times takes to the microphone during a media event in Berlin, Germany, on October 23, 2023. The Epoch Times is owned by Epoch Media Group and is affiliated with the Falun Gong movement. (Photo by Sean Gallup/Getty Images) James Myers of OANTuesday, June 4, 2024 8:25 AM The Chief Financial […]
Epoch Times CFO Weidong ‘Bill’ Guan charged over $67M money laundering scheme
The chief financial officer of The Epoch Times, a New York-based weekly newspaper critical of the Chinese government, has been charged by federal investigators with money laundering, U.S. authorities said. According to an indictment filed Monday by the U.S. Department of Justice, Weidong “Bill” Guan, the CFO of the news site, which also distributes newspapers […]
Epoch Times embroiled in alleged cryptocurrency money laundering scheme – The Washington Post
The chief financial officer of right-wing news outlet The Epoch Times has been arrested and indicted on charges of using cryptocurrency to launder $67 million in criminal proceeds, the Department of Justice announced. Said Monday. Weidong Guan, 61, also known as Bill Guan, is charged with one count of money laundering conspiracy and two counts […]
CFO Of Newspaper Epoch Times Faces Charges In Alleged $67M Money Laundering Scheme
The Department of Justice (DOJ) announced in a press release on Monday that The Epoch Times’ Chief Financial Officer, Weidong Guan, also known as Bill Guan, was arrested for his alleged involvement in a money laundering scheme. Guan, 61, was arrested and charged with participating in a money laundering scheme that illegally obtained at least […]
2 arrested for allegedly laundering over $73 million in cryptocurrency scams – KTLA Los Angeles
Two people, including a Los Angeles County resident, have been arrested on suspicion of laundering more than $73 million through cryptocurrency fraud. The suspects were identified as Yicheng Zhang, 38, of Temple City, and Darren Li, 41, a dual citizen of China and St. Kitts and Nevis, according to the U.S. Attorney’s Office. The two […]
TD worst-case scenario more likely after drug money laundering allegations: analyst – Yahoo Canada Finance
TORONTO — TD Bank Group could face stiffer penalties than previously expected after reports that the investigation it faces in the U.S. is related to laundering of illegal fentanyl profits, a banking analyst said. He said he could be fined. National Bank analyst Gabriel Deschaine said Thursday’s Wall Street Journal report on the link forced […]
Chinese money laundering criminals team up with Mexican cartels to menace US, officials warn Congress
Drug Enforcement Administration (DEA) and Treasury Department officials this week warned members of Congress about the growing threat from Chinese money laundering. At a hearing on Capitol Hill on Tuesday, U.S. senators discussed the amount of money coming into the U.S. through illicit means linked to China and how that money leaves Mexico for illegal […]