The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

Biden Family Got $10 Million From Foreigners Through ‘Web’ of LLCs

Posted on | May 10, 2023 | Comments Off on Biden Family Got $10 Million From Foreigners Through ‘Web’ of LLCs

James Comer drops the bomb on Biden Inc.:

The Biden family and its business associates created a complicated web of more than 20 companies, according to bank records obtained by the House Oversight Committee — a system GOP lawmakers say was meant to conceal money received from foreign nationals.
Sixteen of the companies were limited liability companies formed during Joe Biden’s tenure as vice president, the committee said in a press conference on Wednesday. The Biden family, their business associates, and their companies received more than $10 million from foreign nationals’ and their related companies, the records show. These payments occurred both while Biden was in office as vice president and after his time in office ended.
In what Representative Nancy Mace called an act of “financial gymnastics,” many payments were routed from foreign companies to the Biden family’s business associates’ companies which then doled out payments to the Bidens in incremental payments to different bank accounts in an alleged attempt to hide the source of the funds.
At least nine Biden family members received payments, according to committee chairman James Comer. That includes Hunter Biden; James Biden; James Biden’s wife, Sara Jones Biden; the late Beau Biden’s wife, Hallie Biden; Hunter Biden’s ex-wife, Kathleen Buhle; Hunter Biden’s wife, Melissa Cohen; and “three children of the president’s son and the president’s brother.”
Much of the money came from Chinese nationals and companies with ties to the Chinese Communist Party. Multiple Biden family members received money after it passed through an associate’s account. Comer said of the countries the Biden family was influence peddling in, China is “the most reputable.”
The committee revealed Wednesday that records suggest the Biden family and its associates’ business dealings in Romania “bear clear indication of a scheme to peddle influence” from 2015 to 2017.
At the time, then-Vice President Biden spoke out against Romanian corruption while the Biden family received more than a million dollars from a company controlled by a Romanian national, Gabriel Popoviciu. Popoviciu, who has been accused of corruption, sent the money through a Biden family associate, according to the committee. Sixteen of the seventeen payments involved in the deal occurred while Biden was still in office. The money “stops flowing from the Romanian national soon after Joe Biden leaves the vice presidency,” Comer said.
The Bidens also received “millions of dollars from China,” with Comer saying it is “inconceivable that the president did not know” about the payments.

Read the whole thing. Of course, there’s nothing about this on CNN, which is too busy going on about George Santos to bother noticing this $10 million Biden scandal. Meanwhile, at NBC News:

House Republicans escalate
attacks on Biden family,
alleging business with foreign nationals

See, that’s the story: Republicans are engaged in “attacks,” and all this clearly documented evidence of shady foreign payoffs to the Bidens? That is merely what Republicans are “alleging.”




Comments are closed.