Over 150 Transactions Involving Hunter, James Biden Flagged as Concerning by U.S. Banks

I guess the MSM picking up investigations into the Biden family means something will go down soon.

CBS News found out that U.S. banks flagged over 150 transactions involving Hunter Biden and James Biden, the president’s brother. The banks found them “concerning” and wanted to review them deeper.

The information handed over to the network did not reveal the outcome of the reviews.

CBS News didn’t waste an opportunity to take a dig at President Donald Trump: “In 2019, a bank handling business for members of the Trump family flagged multiple transactions for similar reviews, according to reports in The New York Times. A spokeswoman for the Trump Organization said at the time that company officials were not aware of the flagged transactions.”

How that is relevant to the Bidens I do not know.

CBS News interviewed Sen. Chuck Grassley (R-IA), who has looked into Hunter Biden’s finances for years, a week after he mentioned new records raised concerns about James.

Grassley and Sen. Ron Johnson (R-WI) released a report in September 2020 alleging that “Hunter, James, and James’s wife Sara tapped into a line of credit Hunter set up with a Chinese business executive to purchase more than $100,000 in airline tickets, hotels and restaurants.”

Last week, Grassley exposed James and his bank records on the Senate floor that show James and Hunter “linked up with companies connected to the communist regime to assist them with finding projects for global and domestic infrastructure and energy.”

The new records revealed “the 2017 application for that $99,000 line of credit bearing the signatures of Hunter Biden and the Chinese executive.”

From CBS News:

“We have people with the Biden name, dealing with Chinese business people that have a relationship to the Communist Party,” Senator Chuck Grassley, the ranking Republican on the Judiciary Committee, told CBS News senior investigative correspondent Catherine Herridge. “I think James Biden was very much a part of this.”Bank records released by Republican senators this week indicate James Biden’s company, the Lion Hall Group, received payments from a Chinese-financed consulting group in 2018, before his brother Joe announced he was running for president. Grassley says that same year James Biden and the president’s son, Hunter, received monthly retainers totaling $165,000 — $100,000 to Hunter and $65,000 to James.Grassley said his team obtained the records directly from the bank where the consulting group did business. He has spent three years investigating and described James and Hunter Biden’s business dealings as “very concerning.”

Tags: China, Chuck Grassley, Hunter Biden, Joe Biden

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