Charges against Epoch Times CFO come with political implications

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Charges against Epoch Times CFO come with political implications
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Steve Benen is a producer for 'The Rachel Maddow Show,' the editor of MaddowBlog and an MSNBC political contributor. He's also the bestselling author of 'The Impostors: How Republicans Quit Governing and Seized American Politics.'

It’s no secret that there are a variety media outlets that many Republican officials have come to embrace, promote, and rely on. Some, such as Fox News and the editorial page of The Wall Street Journal, are familiar to national audiences. Others, such as the Washington Times, Newsmax, and OAN are also widely recognized. And then there’s the Epoch Times.

reported: According to a written statement from the Justice Department, Weidong “Bill” Guan has been charged with one count of conspiracy to commit money laundering and two counts of bank fraud. He’s since pleaded not guilty. The defendant “conspired with others to benefit himself, the media company, and its affiliates by laundering tens of millions of dollars in fraudulently obtained unemployment insurance benefits and other crime proceeds,” U.S.

’s report went on to explain the details of the alleged money-laundering network, which prosecutors believe transferred funds into bank accounts linked with the Epoch Times. As best as I can tell, Republican officials have said effectively nothing about the indictment, though if recent history is any guide, it seems likely that GOP lawmakers and their allies will lash out at law enforcement and accuse the Justice Department of wrongdoing.

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