by WENDELL HUSEBØ
The Biden family business received a $3 million wire transfer from a Chinese energy company and subsequent payments after President Joe Biden left the vice presidency in 2017, House Oversight Committee Chair James Comer (R-KY) announced upon receiving suspicious activity reports from the Treasury this week.
U.S. banks have flagged over 150 SARs from Hunter and James Biden that included “large” amounts of money flagged for further review. According to a 2020 Senate report, SARs “often contain evidence of potential criminal activities, such as money laundering and fraud.”
“According to bank documents we’ve already obtained, we know one company owned by a Biden associate received a $3 million dollar wire from a Chinese energy company two months after Joe Biden left the vice presidency,” Comer said in a statement. “Soon after, hundreds of thousands of dollars in payouts went to members of the Biden family.”
The Biden family had previously negotiated a deal with CEFC from which Joe Biden (Big Guy) would receive a ten percent equity stake in the joint venture with Hunter’s former business partner Tony Bobulinski. In 2017, Hunter earned a $1 million legal retainer from the company’s chairman, Ye Jianming. Hunter also received a large diamond from Ye worth an estimated $80,000 in February 2017.
The SARs also likely show money paid to Hunter and James Biden for their work with a Ukrainian energy company. In April 2014, Hunter joined the board of Burisma, just two years before Joe Biden stated he forced the firing of prosecutor Viktor Shokin investigating Burisma. Despite Hunter’s lack of experience in Ukraine or the energy sector, he was paid $83,000 per month by the energy company or $1 million per year — just weeks after his father was announced “point person” on U.S. foreign policy toward Ukraine.
“We are going to continue to use bank documents and suspicious activity reports to follow the money trail to determine the extent of the Biden family’s business schemes, if Joe Biden is compromised by these deals, and if there is a national security threat,” Comer explained.
The Treasury’s compliance to disclose the SARs is a massive development in the probe into the Biden family business. Comer is investigating the Biden family business for nine violations, including wire fraud and money laundering.
The Treasury had previously refused to disclose the banking documents to the committee and even backed out from attending a committee hearing on Friday. “After two months of dragging their feet, the Treasury Department is finally providing us with access to the suspicious activity reports for the Biden family and their associates’ business transactions,” Comer said.
The Biden Crime Family, headed by the only person with a marketable asset, his access to the power of the federal government, is corrupt and compromised. The only question remaining is if there is a portion of our government remaining that has the integrity to pursue and punish the corruption.
Nothing suspicious about that, is there? Nah… better to impeach Trump for asking the President of Ukraine to verify corruption has been checked before more US money flows there… because you can.
We really need to know who bought those pieces of shit “art” Hunter peddled off. Smells like money laundering to me.
Imagine that; this is what this country has come to, under the Democrats. We have credible accusations against a sitting (albeit illegitimate) President of the United States of influence peddling, wire fraud and money laundering.