The ongoing saga surrounding Hunter Biden’s financial dealings has taken another intriguing turn with the revelation of two wire transfers originating in Beijing, each totaling over $250,000 that found their way to the Delaware residence of President Joe Biden. Here’s the full story.
The Investigation
House Oversight Committee Chairman James Comer, a Republican from Kentucky, has spearheaded an investigation into the Biden family’s business dealings, with a focus on President Biden’s potential involvement.
Financial Records
The investigation, which included the issuance of subpoenas for financial records, has uncovered financial transactions linked to foreign entities.
The Wires
The wires in question are traced back to BHR Partners, a joint venture between Hunter Biden’s Rosemont Seneca and Bohai Capital, a Chinese investment firm. Hunter Biden had reportedly served on the board of directors for BHR Partners.
The Partners
The wires originated from two individuals connected with BHR Partners, raising questions about their intended purpose and beneficiary.
The Connection
The first wire which was dated July 26, 2019, was for $10,000 and originated from a person named Ms. Wang Xin. However, the exact connection between the wire and this Wang Xin remains unclear.
Role in the Transaction
The second wire, dated August 2, 2019, amounted to $250,000 and was sent by Li Xiang Sheng, who is also known as Jonathan Li, the CEO of BHR Partners, along with an individual identified as Ms. Tan Ling. The House Oversight Committee is working to discover Ling’s role in this transaction.
President’s Address
What has raised eyebrows is the beneficiary address listed for these wires which is “1209 Barley Mill Rd.” in Wilmington, Delaware, which serves as President Joe Biden’s primary residence.
Money From Foreign Sources
Comer and his committee have not stopped at these wires as they have also obtained bank records suggesting that the Biden family and their associates received substantial sums of money from foreign sources during the Obama administration.
Millions of Dollars
These payments reportedly amounted to $24 million, with $15 million going directly to the Bidens and an additional $9 million earmarked for their business associates.
The Question
One key detail surrounding the wires that remains unresolved is the question of who listed the beneficiary address. It could have been the address associated with the recipient account, or it might have been designated by the person sending the wires.
The Timing
However, the wires’ timing which was just months after Joe Biden announced his presidential campaign for 2020 has fueled speculation and raised further questions.
Biden Has Denied
These revelations come in the context of previous statements by Joe Biden regarding his knowledge of and involvement in his family’s business affairs.
In August 2019, he stated that he had “never discussed with my son or my brother or anyone else anything having to do with their business, period.”
Twitter Users Expressed Their Views
Several social media users shared their thoughts on the incident. One Twitter user wrote, “Biden crime family! How much did Hunter receive from the cartels?”
Harris Is the Inside Man
Another user added, “Kamala Harris is the inside man, slyly giving pertinent info to the DOJ to help them convict Biden. She has been practicing her acceptance speech for weeks now.”
Deception
A third user commented, “Deception is the bread and butter of American politics these days. Hunter is lucky to be ‘working’ in concert with his father.”
Blame It on Trump
A fourth user wrote, “It’s interesting how the left keeps bringing up Trump when we’re in the case of the Biden family. Interesting tactic I’ve learned from the left.”
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The post “Deception Is the Bread and Butter of American Politics” – Hunter Biden’s $250,000 Beijing Deal Raises Concerns, Transactions Linked to President Biden’s Delaware Address first appeared on Fistful of Dollars.
Featured Image Credit: Shutterstock / Muhammad Aamir Sumsum. The people shown in the images are for illustrative purposes only, not the actual people featured in the story.