Home Oversight Chairman James Comer on Monday launched subpoenaed financial institution data revealing Joe Biden obtained direct month-to-month funds from Hunter Biden’s enterprise entity, Owasco PC.
Hunter Biden is presently beneath federal investigation for utilizing Owasco PC for tax evasion and different crimes.
Joe Biden has repeatedly claimed he by no means took a dime from China and was by no means concerned together with his son Hunter’s abroad enterprise dealings.
Biden, in a ‘catch me should you can’ second, taunted reporters in October inquiring about his household’s corruption and requested, “The place’s the cash?”
WATCH:
FLASHBACK TO JUNE: “The place’s the cash?”
As we speak, we discovered Biden obtained $200K from his brother — a enterprise companion of Hunter — immediately into his private checking account.
— RNC Analysis (@RNCResearch) October 20, 2023
Hunter Biden’s funding car Owasco made DIRECT funds (screenshots beneath) to Joe Biden, in accordance with newly obtained financial institution data.
“Funds from Hunter’s enterprise entity at the moment are part of a sample revealing Joe Biden knew about, participated in, and benefitted from his household’s influence-peddling schemes,” Chairman Comer mentioned.
WATCH:
BREAKING
Hunter Biden’s enterprise entity, Owasco P.C., made DIRECT month-to-month funds to Joe Biden.
@RepJamesComer explains pic.twitter.com/7bXyGYmWVZ— Oversight Committee (@GOPoversight) December 4, 2023
Hundreds of thousands of {dollars} from China have been funneled to Hunter Biden’s funding car Owasco.
In a single occasion, Hunter and Joe Biden threatened a Chinese language enterprise affiliate – pay up or else!
“I’m sitting right here with my father and we want to perceive why the dedication made has not been fulfilled. Inform the director that I want to resolve this now earlier than it will get out of hand, and now means tonight. And, Z, if I get a name or textual content from anybody concerned on this apart from you, Zhang, or the chairman, I’ll make sure that between the person sitting subsequent to me and each individual he is aware of and my capability to endlessly maintain a grudge that you’ll remorse not following my instructions. I’m sitting right here ready for the decision with my father.”
Just a few weeks later Hunter Biden obtained a $5 million wire from a Chinese language agency.
On August 8, 2017, $5 million was wired from a CEFC-affiliated funding car (Northern Worldwide) to the checking account for Hudson West III, which spent the subsequent 12 months transferring $4,790,375 million on to Hunter Biden’s agency, Owasco.
A money laundering investigator in 2018 mentioned no apparent companies have been rendered associated to the thousands and thousands of {dollars} being funneled to funding autos linked to Hunter Biden.
“For the reason that preliminary funding of $5,000,000.00 from Northern Worldwide Capital Holdings (HK) Restricted on 08/08/17 as a enterprise mortgage, it was famous that there was no mortgage settlement doc submitted,” the financial institution investigator wrote. “These funds have been indicated as administration charges and reimbursements.”
“We discover it uncommon that roughly 58% of the funds have been transferred to the regulation agency in just a few months and the frequency of funds seem erratic,” the investigator wrote. “It was additionally beforehand indicated that HUDSON WEST III LLC doesn’t presently have any funding tasks presently, which raises additional issues as thousands and thousands in charges are being paid however doesn’t seem to have any companies rendered by Owasco PC.”
Proof of Joe Biden’s worldwide cash laundering and influence-peddling operation retains piling up but Home Republicans have but to carry a proper impeachment vote.
Final month Home Oversight Chairman Jim Comer identified how Joe Biden obtained $40,000 in laundered China cash.
What did Joe Biden do with all of this money?
Joe Biden purchased his luxury $2.75 million Rehoboth Seaside, Delaware residence with all money after Hunter Biden threatened his Chinese language enterprise companion in a $5 million shakedown.
Just a few weeks earlier than this determined shakedown, Joe Biden plopped down almost $2.75 million in money for his Rehoboth Seaside residence. No surprise why he was so determined to get this money from Hunter’s enterprise companion. He was relying on it to cowl his new actual property transaction.
“Property data present Joe’s six-bedroom second property was bought on June 8, 2017 for $2,744,001 – simply seven weeks earlier than his son’s shakedown messages.” The Each day Mail reported.
There was no report of a mortgage lien in opposition to the Rehoboth property till Joe and Jill Biden opened a $250,000 HELOC (residence fairness line of credit score) in opposition to the property final December.
Biden doc obtained by Fox Information
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