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Epoch Times CFO Pleads Guilty to $67 M Laundering Scheme

7/10/2026

46 9 Full Breakdown

Summary

Story summary

Epoch Times CFO Weidong “Bill” Guan pleaded guilty in federal court to a $67 million money-laundering conspiracy.
He led the “Make Money Online” team that used crypto, prepaid cards and stolen data to move millions of fraud-derived unemployment benefits, while Epoch Times revenue jumped 410 % to $62 million.
Judge Victor Marrero has not set a sentencing date, leaving Guan on bail, facing 10 years, while Epoch Times says it is not a party.

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Story summary

Epoch Times CFO Weidong “Bill” Guan pleaded guilty in federal court to a $67 million money-laundering conspiracy.
He led the “Make Money Online” team that used crypto, prepaid cards and stolen data to move millions of fraud-derived unemployment benefits, while Epoch Times revenue jumped 410 % to $62 million.
Judge Victor Marrero has not set a sentencing date, leaving Guan on bail, facing 10 years, while Epoch Times says it is not a party.