The once small newspaper was founded by Chinese dissidents. It became prominent in right-wing media in recent years but is now facing accusations that a top officer laundered at least $67 million.
BERLIN GERMANY - OCTOBER 23: A reporter for The Epoch Times holds a microphone during a media event on October 23, 2023 in Berlin, Germany. The Epoch Times is owned by Epoch Media Group and is affiliated with the Falun Gong movement.
The chief financial officer for the Epoch Times was charged Monday with laundering at least $67 million in illegally obtained funds. After the alleged scheme began in 2020, The Epoch Times’ revenue jumped exponentially from almost $15.
“When banks raised questions about the funds, Guan allegedly lied repeatedly and falsely claimed that the funds came from legitimate donations to the media company,” Williams said.
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