Joe Biden is preparing to take the world’s biggest stage in January, as the apparent President-elect. But meanwhile, his son is facing a federal investigation concerning his overseas business dealings.
The Biden/China fiasco has been rolling through much of 2020, fueled in part by a controversial laptop and other allegations of wrongdoing and potential crimes.
Now, a new Senate report has detailed those possible crimes — and they’re nothing to sneeze at.
This comes just a day after Hunter Biden admitted he is under grand jury investigation via the U.S. Attorney’s Office in Delaware. This is an ongoing case concerning his “tax affairs.”
But the Senate investigation goes well beyond taxes.
The latest report offers a peek at Biden’s financial transactions with Chinese officials, specifically naming two individuals. And it appears large chunks of money might’ve changed hands.
Via Fox News:
The report — prepared by the Senate Homeland Security and Governmental Affairs committee — details the younger Biden’s associations with Ye Jianming, founder of CEFC China Energy Co., and his business associate Gongwen Dong.
The report claims that Hunter had dealings with both Jianming and Dong, as well as other “Chinese nationals linked to the Communist government and the People’s Liberation Army.”
And evidently, these associations resulted in “millions of dollars in cash flow.”
The report says Biden began his relationship back in 2015, when his father was Vice President (though the report does not mention Joe Biden).
Furthermore, it seems Ye Jianming had connections to Biden’s brother, James Biden. And there’s a “vast web of corporate connections and financial transactions” between the Chinese and the Bidens.
This includes a line of credit Hunter allegedly opened up with Gongwen Dong.
And several Biden family members – Hunter, James, and James Biden’s wife, Sara – were “authorized users of credit cards associated with the account.” They then spent over $100,000 using that credit.
These are the transactions that, according to the report, were flagged for “potential financial criminal activity.”
There is also evidence to suggest the Biden’s finances might be connected to Russia as well, because Ye’s company acquired a $9.1 billion stake in Rosneft, a Russian state-owned energy company.
And if Hunter was tied to Ye, it stands to reason he could’ve been – at least indirectly – tied to Ye’s business dealings as well.
Many wondered if these investigations would have a negative impact on Joe’s presidential campaign. Now, we’re wondering if this could haunt Biden’s presidency (provided he’s inaugurated on January 20).
- The Senate just released a new report concerning Hunter Biden and his business dealings with Chinese nationals.
- The report includes examples of “potential financial criminal activity,” including over $100K spent in credit cards linked to Chinese officials.
- The investigation further alleges a “vast web of corporate connections and financial transactions” between China and the Biden family.
Source: Fox News