The most common refrain from the mainstream media and the Democrats when it comes to the Biden crime family, is that there’s "no evidence" that Joe Biden personally benefitted from any of the international business dealings of his son Hunter or is brother James.
In reality, the House Oversight Committee has been uncovering a trove of evidence against Joe Biden since January, including financial records showing that the Bidens and their associates created over 20 shell companies to launder more than $24 million in payments from foreign entities, including China. Yet, we’re supposed to believe that the Biden family, which has no legitimate business venture or products to sell, wasn’t cashing in on the Biden name, or that those buying influence didn’t expect something in return. Even Joe Biden has asked rhetorically: “Where’s the money?”
Well, this week, House Oversight and Accountability Chairman James Comer (R-Ky.) revealed that bank records uncovered by the committee show that Joe Biden received $40,000 in laundered money from a Chinese company.
“Remember when Joe Biden told the American people that his son didn’t make money in China? Well, not only did he lie about his son Hunter making money in China, but it also turns out that $40,000 in laundered China money landed in Joe Biden’s bank account in the form of a personal check. And the Oversight Committee has it,” Comer said in a video message posted to X/Twitter.
"Here’s how Joe Biden benefited from his family’s shady deal with CEFC, a Chinese Communist Party linked company,” Comer continued. "It all began with a shakedown in the summer of 2017, when Hunter Biden sent a message to his CEFC associate demanding a $10 million capital payment. As Hunter Biden extorted this associate, Hunter claimed he was sitting with his father and that the Biden network would turn on his associate if he didn’t pony up the money. The extortion scheme worked. Days later, $5,000,000 flowed in from a Chinese affiliate of CEFC. Over the following three weeks, Biden family members made a series of complicated financial transactions to hide the source of the China money."
Comer explained exactly how this went down. First, Northern International Capital, a Chinese company linked to CEFC, transferred $5,000,000 to Hudson West III, a joint venture involving Hunter Biden and a CEFC associate. Subsequently, Hudson West III sent $400,000 to an entity owned by Hunter Biden. Following this, Hunter Biden transferred $150,000 to Lion Hall Group, a company owned by Joe Biden's brother James and sister-in-law Sara Biden. Sara Biden then withdrew $50,000 in cash from Lion Hall Group and later deposited it into her and James Biden's personal checking account. A few days later, Sara Biden issued a $40,000 check to Joe Biden with the memo line indicating "loan repayment."
🚨 BREAKING 🚨
— Oversight Committee (@GOPoversight) November 1, 2023
We’ve followed the money and identified how Joe Biden received $40,000 in laundered 🇨🇳 China money.
@RepJamesComer lays out the money trail. 👇 pic.twitter.com/lH69OUOHid
A similar transaction occurred the following year when James Biden obtained $600,000 in loans from Americore, a financially struggling rural hospital operator, “based upon representations that his last name, ‘Biden,’ could ‘open doors’ and that he could obtain a large investment from the Middle East based on his political connections.” According to bank records obtained by the House Oversight Committee, soon after James and Sara Biden received the loan, they paid Joe Biden $200,000 with a personal check, also described in the memo line as a “loan repayment."
Joe Biden bought his summer beach house in Rehoboth, Delaware 2017 for roughly $2.75 million in cash within weeks of Hunter Biden’s infamous text to Henry Zhao, an executive at the Chinese oil company CEFC, insisting that Joe Biden was there with him as he wrote the message.
“I am sitting here with my father, and we would like to understand why the commitment made has not been fulfilled. Tell the director that I would like to resolve this now before it gets out of hand, and now means tonight,” Hunter told Zhao. “And Z if I get a call or text from anyone involved in this other than you, Zhang or the chairman I will make certain that between the man sitting next to me and every person he knows and my ability to forever hold a grudge that you will regret not following my direction.”
“The fact that Joe Biden purchased a luxurious beach house around the same time his family was receiving millions from a CCP-linked company raises many questions that need to be answered,” Comer told The Daily Mail. “The House Oversight Committee will continue to follow the money trail to determine the extent of President Biden’s involvement in his family’s influence-peddling schemes and its impact on our national security.”
The Oversight Committee has followed the money, and it’s going right into Joe Biden’s accounts. How much more evidence does the media need to stop pretending that there’s “no evidence” that Joe Biden personally benefitted from his family’s shady business deals?
