For anybody not familiar with The Epoch Times…
The Epoch Times – Bias and Credibility
Questionable Reasoning: Conspiracy Theories, Pseudoscience, Propaganda, Fake News, Failed Fact Checks
Bias Rating: Right
Factual Reporting: Mixed
Country: USA
MBFC’s Country Freedom Rank: Mostly Free
Media Type: Newspaper
Traffic/Popularity: High Traffic
MBFC Credibility Rating: Low Credibility
Ad Fontes: Strong Right/Unreliable, Problematic
Don’t forget that it’s essentially owned by the Falun Gong cult/religion. The Washington Times is similarly run by a cult/religion (the Unification Church aka Moonies).
The line between cult and religion is obviously blurry so I’ll leave it as an exercise to the reader to form their own opinions on Falun Gong and Unification Church.
I hate agreeing with the PRC on anything, but Falun Gong is fucking dangerous.
There is a good article by the WSJ from 2004 if you want to go down the rabbit hole.
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Ah. Was wondering how a CFO could pull that off without a single whistleblower. Makes sense now.
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!