Epoch Times CFO Charged with $67M Fraud Scheme Linked to Crypto Platform

Tuesday, 4 June 2024, 07:06

The CFO of Epoch Times has been charged with orchestrating a $67 million fraud scheme that involved a crypto platform. Scheme participants bought crime proceeds at up to 80 cents per dollar using an unspecified cryptocurrency. This development sheds light on the growing concerns of fraudulent activities in the crypto space.
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Epoch Times CFO Charged with $67M Fraud Scheme Linked to Crypto Platform

Epoch Times CFO Indicted for Fraud Scheme

The CFO of Epoch Times has been charged with orchestrating a $67 million fraud scheme that involved a crypto platform. The crime proceeds were generally purchased by the scheme participants at discounted rates of up to 80 cents per dollar in exchange for an unspecified cryptocurrency.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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