(The Center Square) – U.S. House Oversight Committee Chair Rep. James Comer, R-Ky., released more evidence Wednesday that he says back allegations that President Joe Biden personally benefited from his brother and son’s overseas business dealings, saying he received $40,000 in “laundered China money.”
Comer says the president’s son, Hunter Biden, who faces his own legal charges, allegedly laundered the money from overseas business deals using his father’s name. That money came from a Chinese energy company, CEFC.
“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,” Comer said. “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, $5,000,000 flowed in from a Chinese affiliate of CEFC.”
Two IRS whistleblowers testified before Congress earlier this year that the Biden family and associates raked in more than $20 million from overseas deals using about 20 shell companies.
Comer said money was moved through those accounts to make it hard to track. He laid out a timeline in his latest release of evidence.
“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,” Comer said.
Comer said 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,” he added. “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.’”
This evidence comes after Comer released evidence last month that the president received a direct payment of $200,000. Comer released a copy of a check apparently from James Biden, Joe Biden’s brother, to the president for that amount with the memo “loan repayment.”
Comer said that payment came after James Biden received $600,000 in loans from Americore, a struggling company that later filed bankruptcy. Comer points to the company’s bankruptcy filings, saying “James Biden received these loans ‘based upon representations that his last name, Biden, could open doors and that he could obtain a large investment from the Middle East based on his political connections.’”
As The Center Square previously reported, IRS whistleblowers, previous bank records and FBI documents have been put forward in recent months by the House Oversight Committee providing evidence for allegations that the Biden family and associates received more than $20 million from entities in several countries, including China, Russia and Ukraine.
Biden has repeatedly denied that he benefited from any overseas dealings. This latest evidence drew more attacks against the president. Rep. Elise Stefanik, R-N.Y., called it a “bombshell” report and Rep. Russell Fry, R-S.C., blasted Biden, saying he received “laundered China money.”
“Joe said Hunter Biden never received money from China, but turns out both Joe AND Hunter Biden received money,” he wrote on X, formerly known as Twitter.
Biden personally benefited from his brother and son’s overseas business dealings, saying he received $40,000 in “laundered China money
These stories are all fine and good, however the simple fact is the Worthless GOP will do nothing. So add this to the long list of ‘crimes’ the radicals have committed that will go without closure. Lest we forget, the stolen election, Russiagate, The Shrillary Email Scandals, Bengazi, ect ect…. Just more Bread & Circus for conservatives.
Absolutely averything that they are trying to convict Trump for is exactly what Biden/Clintons/Obamas had already been illegally doing all along. I guess they think THE PEOPLE are just stupid and will default into thinking that this is government business as usual with no repercusions for the Biden Crime family. When we take him out in impeachment, just time it so Kamala has not enough time to pardon Joe or screw things up even more.
As is often said. TO FIND OUT What a dem is guilty of, SEE WHAT THEY ARE accusing republicans of!
It is a problem. Here is the thing though. So Biden gets impeached and/or quits sometime in the next few months. Then what happens? We have Harris as president. Can you imagine the train wreck for the following 6 to 8 months? Now if there were also impeachable crimes committed by Harris and we would have the Speaker of the House next in line for the Presidency, we would be in good shape. But that is a pipe dream. On the other hand, Biden is (and will continue to bleed votes and support every day). Logic says our odds of taking over the White house increase every day as well. Just my opinion.
Even if we gave them a super majority, i fear they are still TOO SPINELESS to do a damn thing about it.
Let’s see joe admitted to selling a lot of state secrets ?? Top secret documents were found at his house !and now he’s received laundry money. What other crimes has he committed ??
Can these crimes keep him off the ballot ???
If we had a real justice department a special council would have been appointed and Biden would be facing impeachment or worse. We already know what happens to a Republican president when the evidence is nothing but made-up garbage from the DNC. House Republicans can only do so much when it comes to investigating corruption whereas Merrick Garland has almost unlimited power.
Former Democrat Speaker of the House Nancy Pelosi admitted an unfortunate truth
about her orchestrate and fabricated President Trump’s impeachment “farce”
– It hinges on witness’s “allegations” not “proof”.
It’s Not A Question” Of “Proof”, It’s About “Allegations”
https://youtu.be/7dzhIxeF204
AND that’s the kicker. WE DO NOT have a real dept of justice these days. JUST A DEPT Of JUST US!