Joe Biden Faces Allegations of Receiving $40,000 in Suspected Laundered China Money
Shared By Peter Boykin – American Political Commentator / Citizen Journalist / Political Candidate
Joe Biden Faces Allegations of Receiving $40,000 in Suspected Laundered China Money
In a recent revelation, House Oversight Chairman James Comer has unveiled bank records suggesting that Joe Biden received $40,000 in what he calls “laundered China money” in 2017. This disclosure raises questions about Biden’s previous claims during the 2020 presidential debates that he had “not taken a penny” from foreign governments.
Details of the Transactions: Comer presented bank records outlining a series of financial transactions that allegedly originated from Chinese sources, flowed through Biden’s brother James, and ultimately landed in the President’s bank account. In 2017, Hunter Biden, associated with a Chinese government-linked energy firm called CEFC, was a key figure in these transactions.
Money Trail Unveiled: The following timeline outlines the alleged money flow in 2017:
– July 30: Hunter Biden contacts his CEFC associate, expressing concern about unfulfilled commitments.
– August 8: A CEFC-associated company wires $5 million to Hudson West III, a shell company co-owned by Hunter and CEFC.
– August 8: Hudson West III transfers $400,000 to Owasco P.C., another company controlled by Hunter Biden.
– August 14: Owasco P.C. wires $150,000 to Lion Hall Group, a company owned by Joe’s brother James and his wife Sarah.
– August 28: Sarah Biden withdraws $50,000 in cash.
– August 28: Sarah deposits $50,000 into her and James’ joint checking account.
– September 3: Sarah cuts a check to Joe Biden for $40,000.
Complex Money Laundering: Comer suggests that the complexity of these transactions is intentional, following the pattern of money laundering where funds are passed through multiple entities to obscure their origins.
Caught in a Lie: The recent revelation contradicts Joe Biden’s statement during the 2020 presidential debate, where he asserted, “I have not taken a penny from any foreign source ever in my life…I have not taken a single penny from any country whatsoever ever.”
Mounting Evidence: This marks the second direct payment to Joe Biden uncovered by the House Oversight, with a previous discovery of a $200,000 check from Sarah and James Biden. The mounting evidence raises concerns about financial transparency and the accuracy of Biden’s statements regarding foreign funds.
💵 Take action: This is yet another layer of the Biden family corruption onion. But it’s just the tip of the iceberg! Please sign this petition to tell Republicans in Congress to ramp up this investigation! CLICK HERE TO SIGN.
[Source: House Oversight]
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