this post was submitted on 05 Jun 2024
92 points (98.9% liked)

World News

39041 readers
2607 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] autotldr@lemmings.world 3 points 5 months ago

This is the best summary I could come up with:


The chief financial officer of the Epoch Times news outlet has been arrested over his alleged involvement in a massive money-laundering scheme.

Federal prosecutors allege that Bill Guan, 61, participated in a global plot to launder at least $67m (£52m) of illegal cash to benefit himself and the Epoch Times.According to the indictment, Mr Guan led the outlet's "Make Money Online" team, which used cryptocurrency to purchase tens of millions worth of crime proceeds.

In a statement on Monday evening, the Epoch Times told the BBC that it "intends to and will fully cooperate with any investigation dealing with the allegations against Mr Guan".

"Although Mr Guan is innocent until proven guilty beyond a reasonable doubt, the company has suspended him until this matter is resolved," the news outlet said.

In the 12-page indictment, federal prosecutors detailed the alleged plan, which they say began around 2020.The plot, prosecutors said, was simple: members of the Make Money Online (MMO) team would purchase crime proceeds via cryptocurrency at a discount and transfer those proceeds into bank accounts held by entities affiliated with newspaper.

It was started by Chinese-Americans affiliated with a religious group called Falun Gong.In the years since, it has grown into purportedly one of the US's most powerful conservative news organisations and a home to conspiracy theories, right-wing misinformation and sharp opposition to the Chinese Communist Party.


The original article contains 437 words, the summary contains 227 words. Saved 48%. I'm a bot and I'm open source!