The CFO managed a team that used cryptocurrency to purchase tens of millions in crime proceeds and falsely stated the source of funds to inflate revenue.
Guan wrote a letter to a congressional office falsely stating that subscriptions and donations contributed to the media company's revenue, when it was actually from money laundering.
The CFO's actions led to an increase in annual revenue by 410%, falsely attributed to profit, subscriptions, and donations, while it was from the unlawful money laundering scheme.
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