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Al Jazeera
Al Jazeera
Business

Epoch Times executive arrested over alleged $67m money laundering scheme

The Epoch Times is known for its support of former US President Donald Trump and fierce criticism of the Chinese government [Sean Gallup/Getty Images]

A top executive at the Epoch Times, a New York-based conservative media outlet known for its fierce criticism of the Chinese government, has been arrested over his alleged involvement in a money laundering scheme.

Weidong “Bill” Guan, the outlet’s chief financial officer, is alleged to have participated in a “sprawling, transnational scheme” to launder at least $67m in illegally obtained funds to benefit himself and the company, the United States Department of Justice said on Monday.

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