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The Biden Money Laundering Operation
The House Oversight investigation into the Bidens heats up.
Today, the Republican-led House Oversight Committee issued this 36-page memo evidencing developments into their investigation into President Biden’s “role in his family members’ and business associates’ foreign and domestic business practices.”
The memo is the result of a review of thousands of pages of bank records obtained via subpoena. It divulged a complicated web of over 20 shell companies created by Biden’s family and business associates – most formed during Biden’s vice presidency – which enriched them to the tune of tens of millions of dollars. It discovered “evidence indicative of influence peddling and financial deception.”
Here are the highlights (some of which add to previous findings):
“Bank records show the Biden family, their business associates, and their companies received over $10 million from foreign nationals’ companies.” The Committee identified payments to Biden family members while Biden served as vice president.
The Biden family took part in a type of money laundering operation, where foreign companies (some with ties to Chinese intelligence) would millions of dollars to the companies of Biden business associates. Those businesses, which acted as a Biden family intermediary, would then pay the Biden family incrementally.
Those payments to the Biden family, which in fact originated from foreign nationals/corporations, were structed in a way to “conceal the source of the funds and reduce the conspicuousness of the total amounts made into the Biden bank accounts.”
While it’s no secret that the Biden family, and especially Hunter, enriched themselves through Joe Biden, the House Oversight memo does an excellent job of laying out much that we didn’t yet know.
The Romanian Payments
On September 28, 2015, Vice President Biden met with the Romanian President at the White House concerning “anti-corruption efforts.” VP Biden voiced his approval “over Romania’s progress with the fight against corruption.”
Soon thereafter, on November 5, 2015, the business of a corrupt Romanian businessman, Gabriel Popoviciu, deposited nearly $180,000 into the account of Robinson Walker, LLC, a corporation formed by Biden family associate John Robinson Walker. Days later, Walker deposited $59,900 to his personal account – and then wired that $59,900 from his personal account to Hunter Biden.
The payments from a corrupt Romanian businessman to Vice President Biden’s business associate would continue from the fall of 2015 through early 2017 and total nearly $3 million. Bank accounts associated with the Bidens – primarily Hunter and his businesses – would receive over $1 million.
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Hallie Biden, the widow of Beau Biden and former lover of his brother, Hunter, was also a beneficiary of this strange Romanian generosity. She received $10,000 from Robinson Walker, LLC soon after it had been paid by the Romanian company. Here is the wire from Robinson Walker, LLC to Hallie Biden, dated 2/13/2017:
The payments to Hallie are curious, in that she very likely did absolutely nothing to deserve the money. (Except for being named “Biden”, of course.) She’s reportedly a school counselor by trade.
Yet Hallie Biden was a consistent beneficiary of the Biden grift. It was previously revealed that Hallie “received two separate payments totaling $35,000 in 2017” from Robinson Walker, LLC (the business operated by VP Biden’s business associate). These wires were part of the transfer of over a million dollars to the Bidens following a $3 million Chinese payment to Walker’s company.
The Chinese Payments
That transitions us to the payments from China. This new memo reveals that Hallie Biden received her $35,000 “about three weeks after the Chinese firm had wired funds to Mr. Walker.”
Of course, Hallie was never the primary target of the funds. That was Hunter. And similar to the Romanian payments, the means for enriching themselves was Robinson Walker, LLC, described as “a vehicle used to receive foreign funds and send a percentage of the money to Biden family members.”
Updated records from House Oversight reveal that Hunter Biden’s professional corporation, Owasco P.C., “received $100,000” through a Chinese corporation funded by corrupt Chinese billionaire Ye Jianming. Hunter Biden and his associates would “attempted to hide the foreign source of the money by layering LLCs formed in Delaware.” Here’s how it worked:
The Chinese leverage on the Bidens, made possible through large payments, continued through 2017. And again, the Bidens used the company of an ally - Robinson Walker, LLC (that same company used in the Romanian payments). The Committee explains how it worked:
March 1, 2017: State Energy HK (Chinese) wires $3 million to Robinson Walker, LLC.
March 6, 2017 through May 18, 2017: Robinson Walker, LLC wires $1,065,000 to accounts connected to the Biden Family, including Hallie Biden, James Biden (Joe’s brother), Hunter Biden’s companies, and an unknown “Biden.”
Here’s the visual outlining just how the distributions went from China to the Bidens:
House Oversight has made significant progress in their investigation into the Biden influence scheme. But so much more remains to be done. House Oversight doesn’t have the books and records, including invoices and contracts and agreements, concerning the millions of dollars of money transfers. It also hasn’t secured testimony of the parties involved and those who have direct knowledge of the Biden family’s operation. It still needs to get to the bottom of the payments and wires from Hunter to Joe Biden.
And it still needs to obtain FBI and DOJ records that allegedly describe “a criminal scheme involving then-Vice President Joe Biden and an unnamed foreign national relating to the exchange of money for policy decisions.”
As House Oversight continues to obtain damning information on the Bidens, let’s hope they don’t forget that solid evidence can lose its value if its not communicated properly to the American people. They can’t rely on the media to do that job.
Take for example today’s underwhelming press conference. Thirteen Republicans crammed together on the stage. A chart - too small to read - was obscured behind them.
It was long on talk, running nearly 50 minutes, and featured a number of speakers who repeated themselves and each other. We’re interested in this topic and still got bored.
The House Republicans need to start acting like they’re arguing the case before a jury. Because they are. And today’s presentation wasn’t good enough.