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Epoch Times

Full company profile

uuid0009hex

Namestring
Epoch Times
Legal namestring
The Epoch Times Association Inc.
Company typeenum
Private
Founded yearint
2000
Descriptiontext

The Epoch Times is an international multi-language media organization headquartered in New York and operating as The Epoch Times Association Inc. Founded in 2000, it publishes news, opinion, and feature content across 36 countries in 23 languages through regional editions (United States, Canada, Australia, UK/Europe, plus dedicated country sites in Europe, Asia, and the Middle East). Its core technology is a digital news platform comprising a website, native iOS and Android mobile applications, an EpochTV video streaming service, a podcast network, and a digital e-reader (reader.epoch.cloud), supplemented by physical print newspaper distribution via newsstands.

The company serves a broad consumer readership across political news, world events, business, health (EpochHealth), lifestyle (Bright), and specialized China-related coverage. Audience segments include general news consumers, politically oriented readers seeking alternative perspectives, health-conscious readers, and diaspora audiences interested in China. Distribution is direct-to-consumer via self-serve digital channels, with no enterprise or B2B customer relationships disclosed.

The revenue model combines digital subscriptions (monthly/annual billing), reader donations, advertising on owned digital properties, and one-time print newspaper sales. Ancillary monetization comes from sub-brands: EpochBuy (e-commerce for home goods and personal care), Epoch Fun (casual gaming), and EpochTV (video). The company operates as a privately held entity with no disclosed venture capital or private equity investment, no parent company, no acquisitions, and no public listing. Leadership comprises founder John Tang and CEO John Xiao. A 2025 staff resignation (Andrew Thornebrooke) over the publication's editorial direction signals internal tensions around newsroom policy but does not materially alter the operating model.

Short descriptiontext

Epoch Times is a privately held international multi-language media organization founded in 2000, operating across 36 countries in 23 languages. It publishes news, opinion, video (EpochTV), podcasts, lifestyle content, casual games, and e-commerce, serving global consumer readership through digital subscriptions, donations, advertising, and print sales.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersNew York, United States
HQ citystring
New York
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
digital news media, online news publication, multi-language journalism, video news platform, news subscription service
Industry4 codes
1News & Current Affairs Aggregators
CodeMPACAKAAPrimaryYes
2News & Content Aggregation Portals
CodeBPAMAAAIPrimaryNo
3Rolling News & Breaking News Channels
CodeMPABAIAHPrimaryNo
4News OTT & Live News Streaming Channels
CodeMPABAHAKPrimaryNo
NAICS code3 codes
  • Periodical Publishers513120
  • Web Search Portals and All Other Information Services519290
  • Information51
SIC code3 codes
  • Newspapers: Publishing Or Publishing & Printing2711
  • Periodicals: Publishing Or Publishing & Printing2721
  • Television Broadcasting Stations4833
Product category
Digital News Media
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1Digital Subscriptions
TypeSubscription Recurring
Description

The Epoch Times generates revenue through digital subscription services offering premium content, with options for monthly and annual billing cycles

theepochtimes.com
2Donations
TypeSubscription Recurring
Description

Reader donations supported through the platform's donation system

theepochtimes.com
3Advertising
TypeAdvertising
Description

Revenue from advertisements displayed on the website and digital properties

theepochtimes.com
4Print Newspaper Sales
TypeOne Time License
Description

Physical newspaper sales through newsstands and direct distribution

theepochtimes.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels6 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Pricing details1 tier
1Digital Subscription
ModelSubscriptionBilling cadenceMonthly
Notes

Subscription plans available for digital access to content

theepochtimes.com
GTM typeB2C
B2C
Offering typeDigital Commerce or Conte…
Digital Commerce or Content
Brand1 of 7 records shown
1EpochTV
Description

The company's television and streaming video platform featuring news broadcasts, documentaries, talk shows, and original programming.

theepochtimes.com
+6 more records
Core offering1 text field

The Epoch Times is an international digital news publication that delivers breaking news, world news, US politics, business, opinion, China-related coverage, and lifestyle content through a multi-platform operation spanning a website (theepochtimes.com), native mobile apps, video streaming (EpochTV), podcasts, and a print newspaper. The organization operates in 36 countries and publishes content in 23 languages, and monetizes through digital subscriptions, reader donations, advertising, and print newspaper sales.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

The Epoch Times is a multi-platform news organization operating as a single unified media brand with multiple content verticals and digital products. The core offering is its online newspaper (The Epoch Times) providing breaking news, world news, US politics, business, opinion, and specialized China coverage. The portfolio includes EpochTV for video/documentary content, Epoch Health for wellness coverage, Bright for lifestyle content, Epoch Fun (Epoch Games) for casual gaming, EpochBuy for e-commerce, Epoch Podcasts for audio content, and a digital e-reader subscription service. The company also publishes mobile applications and maintains 36 international editions in 23 languages across multiple global markets.

Product and service6 records
1The Epoch Times (Main Publication)
CategoryDigital news publication
Description

Flagship online newspaper providing breaking news, world news, US politics, business, opinion, and specialized China-related coverage across 36 countries and 23 languages for general news consumers, political readers, and diaspora audiences.

2EpochTV
CategoryVideo streaming platform
Description

Video streaming sub-brand featuring talk shows, news broadcasts, documentaries, cinema, lifestyle, and arts and culture content, including exclusive documentary series targeted at general news consumers and Epoch Times readers.

3Epoch Podcasts
CategoryPodcast network
Description

Podcast network featuring shows including American Thought Leaders, Epoch Reports, China Watch, and The Morning Brief, covering current events, politics, and geopolitics for general news consumers and political readers.

4EpochBuy
CategoryE-commerce marketplace
Description

E-commerce sub-brand offering accessories, bathroom, cleaning, home decor, home garden, and personal care products to Epoch Times readers and general online consumers.

5e-Reader / Digital Newspaper
CategoryDigital newspaper subscription
Description

Digital newspaper subscription service allowing subscribers to access The Epoch Times content through the reader.epoch.cloud e-reader platform.

6Mobile Applications
CategoryMobile application
Description

Native iOS and Android applications enabling on-the-go access to Epoch Times news content for individual subscribers and general news consumers.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

The Daily Wire is a conservative digital media company producing news, opinion, podcasts (Ben Shapiro Show), and original video content — directly comparable to Epoch Times' EpochTV and podcast strategy. Both serve ideologically-aligned audiences via subscription-driven, multi-platform models.

TypeDirect peer
Description

Newsmax is a U.S. conservative news outlet operating a website, cable channel, and digital subscription products. It competes head-to-head with Epoch Times for the same politically-aligned readership and uses a comparable subscription + advertising + multi-platform distribution model.

TypeDirect peer
Description

Breitbart is a right-leaning digital news publisher with strong social-media-driven traffic and a focus on politics and culture. It overlaps with Epoch Times' political opinion and U.S. politics coverage and follows a similar direct-to-consumer digital publishing model.

TypeDirect peer
Description

The Daily Caller is a conservative news and opinion site founded by Tucker Carlson and Neil Patel. It targets the same politically conservative audience as Epoch Times and monetizes through advertising, subscriptions, and original video content — a comparable direct peer in the right-leaning digital news space.

TypeDirect peer
Description

OAN is a conservative U.S. cable and digital news network with strong ideological alignment to Epoch Times. Both compete for the same right-of-center audience and have faced similar platform-distribution and advertiser-acceptance challenges.

TypeDirect peer
Description

The Blaze is a conservative digital media company producing news, opinion, and original video programming. It competes with EpochTV for conservative video audiences and uses an overlapping subscription, advertising, and content-vertical strategy.

TypeDirect peer
Description

National Review is a longstanding conservative news and opinion publication operating a digital subscription model. It competes with Epoch Times' political opinion and policy analysis content for the same conservative readership, though with a more establishment orientation.

8The Drudge Report
TypeDirect peer
Description

The Drudge Report is a conservative news aggregation site that drives substantial political-media traffic. It is comparable to Epoch Times as a destination for politically-engaged readers seeking curated conservative news, though Drudge is primarily an aggregator rather than an original publisher.

TypeBroad incumbent
Description

Fox News Digital is the online arm of Fox News and a much larger incumbent in conservative-leaning news. It overlaps significantly with Epoch Times' U.S. political coverage but operates at substantially greater scale with broader brand reach and deeper advertiser relationships.

10The Epoch Times Chinese-language editions are comparable to NTD News (New Tang Dynasty Television), the Falun Gong-affiliated broadcaster, but as a regional scope match; broader multilingual digital publishers such as BBC News and DW also serve similar global multi-language news audiences via web and app.
TypeRegional player
Description

NTD News is a Chinese-language media outlet affiliated with Falun Gong that directly mirrors Epoch Times' editorial orientation and Chinese-diaspora audience focus. It is a direct competitor in Chinese-language news coverage globally, particularly in markets where Epoch Times operates Chinese and Mandarin editions.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Epoch Times

Digital News Mediatheepochtimes.com

Epoch Times is a privately held international multi-language media organization founded in 2000, operating across 36 countries in 23 languages. It publishes news, opinion, video (EpochTV), podcasts, lifestyle content, casual games, and e-commerce, serving global consumer readership through digital subscriptions, donations, advertising, and print sales.

What Epoch Times does

The Epoch Times is an international multi-language media organization headquartered in New York and operating as The Epoch Times Association Inc. Founded in 2000, it publishes news, opinion, and feature content across 36 countries in 23 languages through regional editions (United States, Canada, Australia, UK/Europe, plus dedicated country sites in Europe, Asia, and the Middle East). Its core technology is a digital news platform comprising a website, native iOS and Android mobile applications, an EpochTV video streaming service, a podcast network, and a digital e-reader (reader.epoch.cloud), supplemented by physical print newspaper distribution via newsstands.

The company serves a broad consumer readership across political news, world events, business, health (EpochHealth), lifestyle (Bright), and specialized China-related coverage. Audience segments include general news consumers, politically oriented readers seeking alternative perspectives, health-conscious readers, and diaspora audiences interested in China. Distribution is direct-to-consumer via self-serve digital channels, with no enterprise or B2B customer relationships disclosed.

The revenue model combines digital subscriptions (monthly/annual billing), reader donations, advertising on owned digital properties, and one-time print newspaper sales. Ancillary monetization comes from sub-brands: EpochBuy (e-commerce for home goods and personal care), Epoch Fun (casual gaming), and EpochTV (video). The company operates as a privately held entity with no disclosed venture capital or private equity investment, no parent company, no acquisitions, and no public listing. Leadership comprises founder John Tang and CEO John Xiao. A 2025 staff resignation (Andrew Thornebrooke) over the publication's editorial direction signals internal tensions around newsroom policy but does not materially alter the operating model.

Epoch Times firmographics

Firmographics
Name
Epoch Times
Legal name
The Epoch Times Association Inc.
Website
https://theepochtimes.com
Company type
Private
Founded year
2000
Operating status
Operating
Headcount range
251–500 employees
Short description
Epoch Times is a privately held international multi-language media organization founded in 2000, operating across 36 countries in 23 languages. It publishes news, opinion, video (EpochTV), podcasts, lifestyle content, casual games, and e-commerce, serving global consumer readership through digital subscriptions, donations, advertising, and print sales.
Ownership category
akta.pro rank

Epoch Times industry classification

Industry
Product category
Digital News Media
NAICS
Periodical Publishers (513120), Web Search Portals and All Other Information Services (519290), Information (51)
SIC
Newspapers: Publishing Or Publishing & Printing (2711), Periodicals: Publishing Or Publishing & Printing (2721), Television Broadcasting Stations (4833)
akta.pro primary industry
News & Current Affairs Aggregators (MPACAKAA)
akta.pro secondary industries
News & Content Aggregation Portals (BPAMAAAI), Rolling News & Breaking News Channels (MPABAIAH), News OTT & Live News Streaming Channels (MPABAHAK)

Keywords

  • Digital news media
  • Online news publication
  • Multi-language journalism
  • Video news platform
  • News subscription service

Where Epoch Times is headquartered

Location

Headquarters

HQ city
New York
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Epoch Times business model

Business model
GTM type
B2C
Offering type
Digital Commerce or Content
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Digital Subscriptions: The Epoch Times generates revenue through digital subscription services offering premium content, with options for monthly and annual billing cycles
  2. Donations: Reader donations supported through the platform's donation system
  3. Advertising: Revenue from advertisements displayed on the website and digital properties
  4. Print Newspaper Sales: Physical newspaper sales through newsstands and direct distribution

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyDigital Subscription

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Epoch Times product offering

Product offering

Core offering

The Epoch Times is an international digital news publication that delivers breaking news, world news, US politics, business, opinion, China-related coverage, and lifestyle content through a multi-platform operation spanning a website (theepochtimes.com), native mobile apps, video streaming (EpochTV), podcasts, and a print newspaper. The organization operates in 36 countries and publishes content in 23 languages, and monetizes through digital subscriptions, reader donations, advertising, and print newspaper sales.

Product overview

The Epoch Times is a multi-platform news organization operating as a single unified media brand with multiple content verticals and digital products. The core offering is its online newspaper (The Epoch Times) providing breaking news, world news, US politics, business, opinion, and specialized China coverage. The portfolio includes EpochTV for video/documentary content, Epoch Health for wellness coverage, Bright for lifestyle content, Epoch Fun (Epoch Games) for casual gaming, EpochBuy for e-commerce, Epoch Podcasts for audio content, and a digital e-reader subscription service. The company also publishes mobile applications and maintains 36 international editions in 23 languages across multiple global markets.

Differentiator

Problem solved

Functional benefit

Brands

  • EpochTV: The company's television and streaming video platform featuring news broadcasts, documentaries, talk shows, and original programming.
  • EpochHealth
  • EpochFun
  • EpochBuy
  • Bright
  • The Morning Brief
  • American Thought Leaders

Products and services

  • The Epoch Times (Main Publication) Flagship online newspaper providing breaking news, world news, US politics, business, opinion, and specialized China-related coverage across 36 countries and 23 languages for general news consumers, political readers, and diaspora audiences.
  • EpochTV Video streaming sub-brand featuring talk shows, news broadcasts, documentaries, cinema, lifestyle, and arts and culture content, including exclusive documentary series targeted at general news consumers and Epoch Times readers.
  • Epoch Podcasts Podcast network featuring shows including American Thought Leaders, Epoch Reports, China Watch, and The Morning Brief, covering current events, politics, and geopolitics for general news consumers and political readers.
  • EpochBuy E-commerce sub-brand offering accessories, bathroom, cleaning, home decor, home garden, and personal care products to Epoch Times readers and general online consumers.
  • e-Reader / Digital Newspaper Digital newspaper subscription service allowing subscribers to access The Epoch Times content through the reader.epoch.cloud e-reader platform.
  • Mobile Applications Native iOS and Android applications enabling on-the-go access to Epoch Times news content for individual subscribers and general news consumers.

Companies that use Epoch Times

Customer profile

Segments4 records

Ideal customer profiles4 records

Epoch Times technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Epoch Times partnerships and signals

Strategic signal

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Epoch Times competitors and assessment

Company assessment

Direct peers

  • The Daily Wire: The Daily Wire is a conservative digital media company producing news, opinion, podcasts (Ben Shapiro Show), and original video content — directly comparable to Epoch Times' EpochTV and podcast strategy. Both serve ideologically-aligned audiences via subscription-driven, multi-platform models.
  • Newsmax: Newsmax is a U.S. conservative news outlet operating a website, cable channel, and digital subscription products. It competes head-to-head with Epoch Times for the same politically-aligned readership and uses a comparable subscription + advertising + multi-platform distribution model.
  • Breitbart News: Breitbart is a right-leaning digital news publisher with strong social-media-driven traffic and a focus on politics and culture. It overlaps with Epoch Times' political opinion and U.S. politics coverage and follows a similar direct-to-consumer digital publishing model.
  • The Daily Caller: The Daily Caller is a conservative news and opinion site founded by Tucker Carlson and Neil Patel. It targets the same politically conservative audience as Epoch Times and monetizes through advertising, subscriptions, and original video content — a comparable direct peer in the right-leaning digital news space.
  • One America News (OAN): OAN is a conservative U.S. cable and digital news network with strong ideological alignment to Epoch Times. Both compete for the same right-of-center audience and have faced similar platform-distribution and advertiser-acceptance challenges.
  • The Blaze: The Blaze is a conservative digital media company producing news, opinion, and original video programming. It competes with EpochTV for conservative video audiences and uses an overlapping subscription, advertising, and content-vertical strategy.
  • National Review: National Review is a longstanding conservative news and opinion publication operating a digital subscription model. It competes with Epoch Times' political opinion and policy analysis content for the same conservative readership, though with a more establishment orientation.
  • The Drudge Report: The Drudge Report is a conservative news aggregation site that drives substantial political-media traffic. It is comparable to Epoch Times as a destination for politically-engaged readers seeking curated conservative news, though Drudge is primarily an aggregator rather than an original publisher.

Broad incumbents

  • Fox News Digital: Fox News Digital is the online arm of Fox News and a much larger incumbent in conservative-leaning news. It overlaps significantly with Epoch Times' U.S. political coverage but operates at substantially greater scale with broader brand reach and deeper advertiser relationships.

Regional players

  • The Epoch Times Chinese-language editions are comparable to NTD News (New Tang Dynasty Television), the Falun Gong-affiliated broadcaster, but as a regional scope match; broader multilingual digital publishers such as BBC News and DW also serve similar global multi-language news audiences via web and app. NTD News is a Chinese-language media outlet affiliated with Falun Gong that directly mirrors Epoch Times' editorial orientation and Chinese-diaspora audience focus. It is a direct competitor in Chinese-language news coverage globally, particularly in markets where Epoch Times operates Chinese and Mandarin editions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Epoch Times social profiles

Digital presence

Epoch Times financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Epoch Times leadership team

Management profile

Number of profiles

Profiles2 records

Epoch Times funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Epoch Times M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Epoch Times

What does Epoch Times do?

The Epoch Times is an international digital news publication that delivers breaking news, world news, US politics, business, opinion, China-related coverage, and lifestyle content through a multi-platform operation spanning a website (theepochtimes.com), native mobile apps, video streaming (EpochTV), podcasts, and a print newspaper. The organization operates in 36 countries and publishes content in 23 languages, and monetizes through digital subscriptions, reader donations, advertising, and print newspaper sales.

Is Epoch Times a public or private company?

Epoch Times is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Epoch Times founded?

Epoch Times was founded in 2000. It employs 251 to 500 people.

Where is Epoch Times based?

Epoch Times is headquartered in New York, United States, in the North America region.

How does Epoch Times make money?

Four revenue lines are on record. Digital Subscriptions are the primary driver. The others are donations, advertising and print Newspaper Sales.

Who are Epoch Times's main competitors?

Direct peers on record are The Daily Wire, Newsmax, Breitbart News, The Daily Caller, One America News (OAN), The Blaze, National Review and The Drudge Report. Fox News Digital is listed as a broad incumbent. The Epoch Times Chinese-language editions are comparable to NTD News (New Tang Dynasty Television), the Falun Gong-affiliated broadcaster, but as a regional scope match; broader multilingual digital publishers such as BBC News and DW also serve similar global multi-language news audiences via web and app. is listed as a regional player.

Does Epoch Times have an API?

No public API is recorded for Epoch Times.

What industry is Epoch Times in?

Epoch Times's product category is Digital News Media. Its primary akta.pro industry code is MPACAKAA, News & Current Affairs Aggregators, with a secondary code of BPAMAAAI, News & Content Aggregation Portals. Its NAICS code is 513120 and its SIC code is 2711.

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Live signals
NaturalNewsBlogsSound, Music Therapy Can Be Used for Anxiety, Chronic Pain Treatment, Report Says – NaturalNews.comA July 18, 2026 Epoch Times report states sound and music therapy are used to treat anxiety and chronic pain, citing practitioners and research. It notes sound can slow heart rate, lower stress hormones, and alter pain perception, with music therapy linked to reduced pain and improved depression. The report presents these as adjuncts to conventional care, not replacements.NaturalNewsBlogsTCM Practitioner Reports Father’s Age Spot Faded After Digestive Treatment – NaturalNews.comIn an interview published by The Epoch Times on Aug. 20, 2026, Connie Chen, director of Jingher Chinese Medicine Clinic, said her father's largest facial age spot faded about two weeks after she treated his sluggish digestion with Traditional Chinese Medicine. The report cites TCM principles linking skin to internal balance and a modern gut–skin axis, while noting age spots are strongly tied to aging and UV exposure. Chen recommended hemp seed pill, acupuncture, and a ginseng, licorice and mulberry tea.Gadgets 360Ex-Epoch Times Finance Head Pleads Guilty In $67 Million FraudWeidong "Bill" Guan, the former CFO of The Epoch Times, pleaded guilty in Manhattan federal court to a conspiracy charge in a $67 million money laundering scheme involving fraudulently obtained unemployment benefits and other criminal proceeds. Guan admitted to knowingly processing funds through the media company's bank accounts despite being aware of their criminal origins, calling his actions a "tremendous lapse in judgment." Federal prosecutors noted the scheme caused the company's revenues to jump approximately 410%, from $15 million to $62 million, as members of Guan's "Make Money Online" team used cryptocurrency to purchase tens of millions in crime proceeds since 2020.Ground NewsEx-Epoch Times CFO pleads guilty in $67M multinational money laundering schemeWeidong "Bill" Guan, former CFO of The Epoch Times, pleaded guilty to conspiracy in a $67 million money laundering scheme in Manhattan federal court. Prosecutors reported the media company's revenues jumped approximately 410% from $15 million to $62 million during the period when Guan's Make Money Online team was laundering criminal proceeds through bank and cryptocurrency accounts. Guan, who remains free on bail, admitted his actions were a "tremendous lapse in judgment" and faces a potential prison sentence of up to 10 years.San Diego Union-TribuneEx-Epoch Times CFO pleads guilty in $67M multinational money laundering schemeWeidong "Bill" Guan, the former chief financial officer of The Epoch Times, pleaded guilty to a conspiracy charge in Manhattan federal court on Thursday, admitting participation in a $67 million money laundering scheme involving fraudulently obtained unemployment benefits and other illegal funds. Prosecutors stated that members of the company's "Make Money Online" team, managed by Guan, used cryptocurrency since 2020 to purchase tens of millions of dollars in crime proceeds, which were then laundered through the media company's bank accounts and related entities. Federal prosecutors noted that The Epoch Times' revenues jumped approximately 410% during the period of the scheme, from roughly $15 million to $62 million, and Guan now faces a potential prison sentence of up to 10 years.Local BreakingEx-Epoch Times CFO pleads guilty in $67M multinational money laundering schemeWeidong "Bill" Guan, former CFO of The Epoch Times, pleaded guilty in Manhattan federal court to a conspiracy charge in connection with a $67 million money laundering scheme that processed fraudulently obtained unemployment benefits and other criminal proceeds through the company's bank accounts since 2020. The scheme, operated through the company's "Make Money Online" team using cryptocurrency, caused the media company's revenues to jump approximately 410% from $15 million to $62 million, and Guan admitted he knew there was a "high probability" the money was from criminal activity. Guan faces up to 10 years in prison for the charge, though sentencing has not yet been scheduled.Winnipeg Free PressEx-Epoch Times CFO pleads guilty in $67M multinational money laundering schemeThe former chief financial officer of The Epoch Times interrupted jury selection at his money laundering trial in New York on Thursday to plead guilty to a conspiracy charge in connection with a $67 million fraud scheme. The plea marks a significant development in the prosecution of what authorities have characterized as a multinational money laundering operation. No additional details about the specifics of the scheme or sentencing were available in the truncated report.The Seattle TimesEx-Epoch Times CFO pleads guilty in $67M multinational money laundering schemeWeidong "Bill" Guan, the former chief financial officer of The Epoch Times, pleaded guilty on Thursday to a conspiracy charge in Manhattan federal court, admitting his role in a $67 million money laundering scheme that ran from 2020. Guan acknowledged he knew there was a "high probability" that money passing through accounts he oversaw were proceeds of criminal activity, including fraudulently obtained unemployment benefits loaded onto prepaid debit cards that were then converted to cryptocurrency. Federal prosecutors stated the company's revenues jumped approximately 410% during the period of the money laundering, from $15 million to $62 million, and that Guan lied to banks about the source of the increased transactions.AP NewsEx-Epoch Times CFO pleads guilty in $67M multinational money laundering schemeWeidong Guan, former CFO of The Epoch Times, pleaded guilty to a conspiracy charge in a $67 million money laundering scheme on Thursday. He admitted knowingly laundering fraudulently obtained unemployment benefits and other funds through the company's accounts, with a potential 10-year sentence. The plea spares him from other charges, and sentencing was not set.