The chief monetary officer of The Epoch Occasions information outlet has been arrested over his alleged involvement in a large money-laundering scheme.
Federal prosecutors allege that Invoice Guan, 61, participated in a worldwide plot to launder no less than $67m (£52m) of unlawful money to learn himself and The Epoch Occasions.
In keeping with the indictment, Mr Guan led the outlet’s “Make Cash On-line” workforce, which used cryptocurrency to buy tens of thousands and thousands price of crime proceeds.
Mr Guan has not but entered a plea. If convicted, he may spend greater than 30 years in jail.
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