Epoch Times CFO May Have Laundered Millions Through Shen Yun Dance Troupe and Conspiracy Fueled Chinese TV Channel
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I told you a couple of weeks ago, the United States Attorney for the Southern District of New York has charged the chief financial officer of the Epoch Times with trying to launder $67 million.
Weidong Guan, a/k/a “Bill Guan,” the Chief Financial Officer of the Epoch Times, allegedly used the right wing conspiracy-based website “in a transnational scheme to launder at least approximately $67 million of illegally obtained funds to benefit himself and the media company.”
Great. So where did the money go? I can tell you one thing: Guan apparently used the Shen Yun dance company — that group you see advertised every year with bright costumes and sets — and cleaned their clothes, so to speak, with at least $14 million.
Guan runs the Epoch Times website and media company as a 501 c3 charity. The government will spend a lot of time studying the Epoch TImes Association’s tax filings to figure out where the $67 million went and what it what used for.
On the Epoch Times’s Form 990 for 2020, the picture becomes clear. The Epoch Association donated $3 million to Shen Yun Performing Arts Center in Cuddeback, New York. Then, on the 2021 Form 990, Shen Yun got another $10.4 million.
I always wonder when I see those beautiful TV Shen Yun TV ads, and subway posters: Where do they get the money for all this promotion? And the production, with its extravagant elements rivaling the Met Opera?
Now, I think, we know. Guan has literally danced away with the money.
Content retrieved from: https://www.showbiz411.com/2024/06/15/epoch-times-cfo-may-have-laundered-millions-through-shen-yun-dance-troupe-and-conspiracy-fueled-chinese-tv-channel.
