Oversight Chairman Comer: Biden Received $40,000 in Laundered China Money
“Joe Biden received $40,000 in laundered China money from the account of his brother, James Biden, and his sister-in-law, Sara Biden, in the form of a personal check.”
Oversight Committee Chairman James Comer made some damning allegations towards President Joe Biden.
Comer claims the committee has bank records that prove “Joe Biden received $40,000 in laundered China money from the account of his brother, James Biden, and his sister-in-law, Sara Biden, in the form of a personal check.”
COMER: “Remember when Joe Biden told the American people that his son didn’t make any money in China?”
[clip starts]
BIDEN: “My son has not made money in terms of this thing about, what are you talking about — China?”
[clip ends]
COMER: “Well, not only did he lie about his son Hunter making money in China, but it also turns out that $40,000 in laundered China money landed in Joe Biden’s bank account in the form of a personal check. And the Oversight Committee has it. Here’s how Joe Biden benefited from his family’s shady deal with CEFC, a Chinese Communist Party-linked company. It all began with a shakedown in the summer of 2017 when Hunter Biden sent a message to his CEFC associate demanding a $10 million capital payment. As Hunter Biden extorted this associate, Hunter claimed he was sitting with his father, and that the Biden network would turn on his associate if he didn’t pony up the money. The extortion scheme worked. Days later, $5 million flowed in from a Chinese affiliate of CEFC. Over the following three weeks, Biden family members made a series of complicated financial transactions to hide the source of the China money.”
Comer explains:
First, Northern International Capital, a Chinese company associated with CEFC, wired $5,000,000 to Hudson West III, a joint venture established by Hunter Biden and a CEFC associate.
Then, Hudson West III sent $400,000 to an entity owned and controlled by Hunter Biden.
Next, Hunter Biden wired $150,000 to Lion Hall Group, a company owned by Joe Biden’s brother James and sister-in-law Sara Biden.
Sara Biden then withdrew $50,000 in cash from Lion Hall Group. Later the same day, she deposited it into her and James Biden’s personal checking account.
A few days later, Sara Biden cut a check to Joe Biden for $40,000. The memo line of the check said, “loan repayment.”
We previously exposed a $200,000 payment James made to his brother Joe that came from funds provided by a now bankrupt health care company called Americore.
Like the payment to Joe from Americore funds, it’s certainly plausible that this payment where James and Sara used funds from China was indeed a loan repayment to Joe.
But even if this $40,000 check was a loan repayment from James Biden, it still shows how Joe benefited from his family cashing in on his name – with money from China no less.
🚨 BREAKING 🚨
We’ve followed the money and identified how Joe Biden received $40,000 in laundered 🇨🇳 China money.
@RepJamesComer lays out the money trail. 👇 pic.twitter.com/lH69OUOHid— Oversight Committee (@GOPoversight) November 1, 2023
— Oversight Committee (@GOPoversight) November 1, 2023
Read more about our findings 👇 https://t.co/i3dKc64o2O
— Oversight Committee (@GOPoversight) November 1, 2023
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Comments
Meanwhile Bidens DoJ continues to go after Trump because he said mean things 2016-2020.
Man, imagine if we had a completely neutral DoJ, not infected with the Democrat disease. They would be having a field day with taking down the Biden Crime Family.
But the Dems and the MSM say there is no proof! None at all!
Also, anyone know what 10% of 400k is?
I don’t have enough fingers, and my calculator has a dead battery but.. just smack out one zero.. there.. 40 large… oh… what a coinky dink. Imagine my surprise.
The price of WWIII?
$40k
In addition to being a corrupt, grifting piece of shit, Joe Biden* is also a moron. The Clintoons at least had it figured out.. if you’re going to grift and be a treasonous rat-c*nt, at least get Billions of dollars out of it.
Chinese money laundered thru a Chinese laundry? How ironic.
On one hand, everyone should be encouraged that Comer and his team of investigators seem to be very competent in their oversight responsibilities. On the other hand, I can’t help but think that they’re going to end up forcing the one guy out of the race who Trump has a modest chance of beating.
Not surprised in the least….
Oh, they’re just investigating him.
They’re never going to actually do anything ABOUT him.
Modest chance of beating? 😂😂😂
In the RCP average of polls, Trump’s lead over Biden – one of the most unpopular presidents in the last 50-years who’s not named Trump – is a laughably thin 0.6%. Anyone who thinks Trump’s chances of beating Biden are anything more than ‘modest’ is a 🤡.
It’s precious that it says “loan repayment” because the Crook in Chief will not be able to show he lent any money to Sara. The final gasp of cornered rats in this situation is the claim that the loan was in the form of cash kept in a mattress.
Kept in a Corvette.
And nothing will be done to Biden; just the same as Hillary, Obama, and John Kerry.
The GOP will do nothing but talk
The scandal in ABSCAM was how little money it took to buy a congressman.
And according to one of James O’Keefe’s recent hidden camera takes (of a Pfizer exec, I believe), it’s still pretty cheap.
As I’ve said countless times right here:
Nothing to see here folks; move along.
🙁
Biden Received At Least $40,000 in Laundered China Money
FIFY.
(Yeah, I know, it’s a summation of his statement about a single incident.)
“There are 365 days in the year in which men must earn money by selling privileges and laundering the money therefrom.”
Okay, one day has come to light so far. Waiting to hear about the income from the other 364 days of the year.
And how many years have the Bidens been engaged in this lucrative financial business?
Now we know how long Joe has been laundering Chinese money as the “Ancient Chinese Secret” is out in the open.
$40,000?
Jesus the man has 3-4 mansions
This is BS
Dems are still waiting to see the Hunter email, “Hey dad, here’s that $2 mil from China that’s your part of the shakedown.”
I almost think this is counterproductive. The important point is that Joe and Hunter shared bank accounts, and Hunter paid Joe’s bills. It is also doesn’t matter, because Joe’s family raking it in is just as much corruption as with Joe himself. We don’t need to track the money into Joe’s accounts.
Far far more than that
The Bidens claim this is a loan repayment. If so, where’s the promissory note or other evidence of a loan? And, because the purported loan exceeds $10,000, does either the interest or imputed interest show up on Joe Biden’s income tax returns?