The arrest of an executive at The Epoch Times in a money-laundering scheme this week has drawn attention to a media outlet that has lived largely in the shadows since its founding in 2000 and a transformation during the Trump administration.
Federal prosecutors in New York charged Weidong “Bill” Guan of Secaucus, N.J., chief financial officer of The Epoch Times, of steering at least $67 million in criminal proceeds, much from fraudulently obtained unemployment insurance benefits, to the company, its affiliates and himself. Guan pleaded not guilty but was suspended by The Epoch Times, which agreed to cooperate with prosecutors.
