Gandalf
The Orange/White Wizard
- Joined
- Dec 7, 2012
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Looks like they got their man. Granted, I don't believe a single thing that comes out of a prosecutor's office these days and Epoch Times (ET) is not named in the indictment but it wont matter. This is all they will need to destroy the news service, which I am sure is the main goal. That probably also goes for the much hated by liberals NTD (New Tang Dynasty) News, also owned by ET.
Epoch Times CFO is arrested and accused of role in $67M multinational money laundering scheme
While it is difficult to tell what really is happening, it may be that the foreign office of ET (likely in Taiwan or HK) was buying pre-paid debit cards with crypto (at 20-30% discount) and then depositing that as income and/or donations. Many of these debit cards seem to have been part of all the massive unemployment benefits that Biden disgorged during Covid. I suspect this was not ET but some group in the USA who was running Chinese immigrants and helped organize it and then basically asked ET if they wanted to buy the debit cards for crypto to wash the money. At least I think that is what is being alleged. Reality is it could have been they didnt know exactly where the cards came from, only that they could buy them at a discount. Hard to tell at this point.
Interestingly, it looks as if this was part of a (Diplomatic Security Services) DSS sting of some sort that "uncovered" a "whistleblower".
BTW- same group owns the traveling dance group Shen Yun - which comes to various cities and is really pretty amazing. See it while you can.
Gotta give the dems their due. When they have the levers of power, they do not mess around. I wish the GOP would learn that.
Epoch Times CFO is arrested and accused of role in $67M multinational money laundering scheme
While it is difficult to tell what really is happening, it may be that the foreign office of ET (likely in Taiwan or HK) was buying pre-paid debit cards with crypto (at 20-30% discount) and then depositing that as income and/or donations. Many of these debit cards seem to have been part of all the massive unemployment benefits that Biden disgorged during Covid. I suspect this was not ET but some group in the USA who was running Chinese immigrants and helped organize it and then basically asked ET if they wanted to buy the debit cards for crypto to wash the money. At least I think that is what is being alleged. Reality is it could have been they didnt know exactly where the cards came from, only that they could buy them at a discount. Hard to tell at this point.
Interestingly, it looks as if this was part of a (Diplomatic Security Services) DSS sting of some sort that "uncovered" a "whistleblower".
BTW- same group owns the traveling dance group Shen Yun - which comes to various cities and is really pretty amazing. See it while you can.
Gotta give the dems their due. When they have the levers of power, they do not mess around. I wish the GOP would learn that.