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Gifted first son? Business partner hints monies, loans to Hunter Biden were essentially gifts
Just the News ^ | 10/15/23 | Steven Richards

Posted on 10/16/2023 1:23:42 AM PDT by CFW

For months, congressional Republicans have suggested that when Hunter Biden received millions of dollars from places like Ukraine and Romania, an $80,000 diamond from China and a luxury car underwritten from Kazakhstan he was simply trading on his powerful family name and not really conducting meaningful business. But Democrats have scoffed, painting these facts as part of a conspiracy theory.

But now GOP House investigators have found a powerful ally for their narrative: former Hunter Biden pal and business partner Rob Walker, who told the FBI in a newly released interview report that Hunter Biden often got something for essentially nothing.

In an FBI FD-302 interview report dated Nov. 23, 2021, Walker recounted to agents how Hunter Biden borrowed $90,000 from him and never repaid it and detailed another instance in 2017 in which one of their joint business ventures got a whopping $3 million payment from the Chinese energy firm CEFC essentially as a gift.

“The $3 million amount was more of a “thank you” from CEFC. They talked of putting together a larger group and discussed acquiring office space,” Walker is quoted as telling agents in the report.

[snip]

Even salary payments from Burisma Holdings in Ukraine were structured to look like loans for Hunter Biden, which IRS agents believed were designed to evade tax payments.

(Excerpt) Read more at justthenews.com ...


TOPICS: Crime/Corruption; Extended News; Government; Politics/Elections
KEYWORDS: biden; bidencrimefamily; bribery; corruption; hunter; robwalker
So, has Hunter made any payments on these "loans"? Apparently not.
1 posted on 10/16/2023 1:23:42 AM PDT by CFW
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To: All

cont

“[Hunter Biden] directed to have a portion of his Burisma income paid back to himself personally as ‘loans’, even though Devon Archer had deducted these payments on the Rosemont Seneca Bohai tax return,” former IRS Agent-turned-whistleblower Ziegler wrote in his first affidavit to House Ways and Means. “[Hunter] had essentially loaned himself his own income from Burisma, failing to report this income from Burisma on his 2014 tax returns and failing to pay the taxes on this income.”

File
A1-Affidavit-1-for-HWM-Committee-v08.29.2023-002.pdf

House Oversight Committee Chairman James Comer told the “Just the News, No Noise” television show that there is a clear pattern in the evidence his investigators have gathered: a loan to Hunter Biden really meant it was a gift.

“You know, there’s a term called a forgivable loan. And that is more than likely what these things were,” Comer said. “You know, you give stuff as a gift or a loan so you don’t have to report it on your taxes. This is another example of the Biden family and their organized criminal activity trying to avoid paying taxes. The Biden’s are tax cheats.

“When Joe Biden talks about wanting to increase the size of the IRS to go after tax cheats. He needs to look no further than his Christmas dinner table. I mean, they’re full of tax cheats. So yes, a loan is a way that Biden’s and other criminals take money in from people for no apparent good or service that they provided. And it’s a way they can receive money without paying taxes on it,” he added.

In the FD-302 interview, Rob Walker reinforced an idea that he first provided almost a year earlier in an interview with IRS and FBI agents working the Biden case, that Hunter Biden was not giving much in exchange for loans and payments from his business partners. Walker told the agents that Hunter Biden was paid a “finder’s fee” for helping to connect CEFC with potential projects around the world.

Biden responded by suing the Internal Revenue Service for the alleged “unlawful disclosure” of his private tax information.

“What was the work done for that finder’s fee?” an agent asked. “Yeah, we were.., we were really... drumming up projects, um, that ah.., we thought that ah.., ah.., they would find worthwhile,” Walker said. “Hunter was more of the.., the.., the ‘door opener…’ even though I wouldn’t say he was quite successful at it…” Walker continued.

“He got you the meetings…” the agent said. “Not… really,” Walker responded. Both of the agents are recorded as having laughed, likely in surprise at Hunter Biden’s seemingly insignificant role in securing energy deals for CEFC yet raking in millions in payments.

File
John-Robinson-Walker-Interview-Transcript-12.08.2021_Redacted.pdf

The testimony of one of Hunter Biden’s other former business partners, Devon Archer, to the House Oversight Committee confirmed this pattern. In August, he told the committee that part of the value Hunter Biden brought to the Burisma board was “the brand.”

“The value was — the value that Hunter Biden brought to it was having — you know, there was — the theoretical was corporate governance, but obviously, given the brand, that was a large part of the value. I don’t think it was the sole value, but I do think that was a key component of the value,” Archer told the committee. He testified that the brand means the Biden family name. In other words, a large part of why Hunter Biden was being paid to sit on the board was simply his last name.

File
Devon-Archer-Transcript.pdf

Hunter Biden’s attorney Abbe Lowell did not respond to Just the News’ request for comment at the time of publication. Lowell has previously pushed for the prosecution of the IRS whistleblowers who shared these documents with the Ways and Means Committee. Lowell contends that Shapley and Ziegler broke the law when they made protected disclosures to Congress and has reportedly urged the Justice Department to pursue legal action against them.


2 posted on 10/16/2023 3:26:45 AM PDT by Liz (“The only time Biden gets his hands dirty is when he’s taking cash from foreign countries." Trump)
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To: CFW

That the FBI is investigating anything involving Hunter B., is the definition of a show trial. It seems corruption investigates corruption and finds nothing. Now, about Hunter’s painting skills . . .


3 posted on 10/16/2023 4:59:45 AM PDT by healy61 (.)
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To: CFW

So these Romanian and Ukrainian dildoes see Hunter as the Second Coming? What star did they follow that lead them to Hunter’s crib?


4 posted on 10/16/2023 5:54:45 AM PDT by FlingWingFlyer (So, when are all these damn "refugees" scheduled to go the hell home? Asking for a friend.)
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To: FlingWingFlyer
So these Romanian and Ukrainian dildoes see Hunter as the "Second Coming?"
What star did they follow that lead them to Hunter’s manger?

His father was fervently praying over boy Hunter, as the beatified oligarchs
brought the blessed Bidens gifts of gold, frankincense, myrrh and greenbacks.

5 posted on 10/16/2023 6:31:08 AM PDT by Liz (“The only time Biden gets his hands dirty is when he’s taking cash from foreign countries." Trump)
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To: Liz

There you go. “The Gifted Son”.


6 posted on 10/16/2023 6:33:32 AM PDT by FlingWingFlyer (So, when are all these damn "refugees" scheduled to go the hell home? Asking for a friend.)
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To: FlingWingFlyer

You know, from all we’ve heard and seen, the sanctified
Bidens actually think like this.........able to do no wrong.


7 posted on 10/16/2023 6:36:35 AM PDT by Liz (“The only time Biden gets his hands dirty is when he’s taking cash from foreign countries." Trump)
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To: Liz

Yup. I agree with you all the way.


8 posted on 10/16/2023 6:37:57 AM PDT by FlingWingFlyer (So, when are all these damn "refugees" scheduled to go the hell home? Asking for a friend.)
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To: CFW
Gifted first son? Business partner hints monies, loans to Hunter Biden were essentially gifts

Gee, ya think?

But

Two terms in Congress @ $174K/year = millionaire
Two terms in the Senate @ $174K/year = multimillionaire
Wife in the Senate = billionaire

Hunter Biden is small potatoes in the DC world, and everybody knows it.

9 posted on 10/16/2023 6:41:48 AM PDT by Jim Noble (They have taken untold millions that they never toiled to earn)
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To: CFW

I might give our mail lady a card with $10 at Christmas——

BUT these amounts listed here are NOT GIFTS.


10 posted on 10/16/2023 9:26:12 AM PDT by ridesthemiles
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To: All

Lockbox: Joe really knows how to stretch a dollar! Wife a teacher,
small kids and here’s he’s spending like a Trump on real estate.

<><>In 1977 US Sen Biden’s salary was $57,500 per year,
<><>yet, Sen Biden paid $350,000 for a four acre lot on which he built an imposing 7,000 sq ft house.
<><>ex-VP Biden filed a financial disclosure form
<><>he listed his net worth as between $897,000 and $489,000.
<><> As VP, he earned about $225,000 every year.
<><>today Forbes’ estimates Pres Biden is worth an estimated $10 million.


11 posted on 10/16/2023 10:59:46 AM PDT by Liz (“The only time Biden gets his hands dirty is when he’s taking cash from foreign countries." Trump)
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To: All
newsweek.com BY KHALEDA RAHMAN ON 10/18/22

Joe Biden's younger brother, James Biden, has come under scrutiny after Republican Sen. Chuck Grassley said the FBI "possesses significant and voluminous evidence" of potential criminal conduct by him and Hunter Biden, the president's son.

A letter to Attorney General Merrick Garland, FBI Director Christopher Wray and U.S. Attorney for Delaware David Weiss outlined the allegations. "Based on recent protected disclosures, the FBI has within its possession significant, impactful and voluminous evidence with respect to potential criminal conduct by Hunter Biden and James Biden."

An FBI interview with Hunter Biden's former business partner, Tony Bobulinski, in which Bobulinski stated that Hunter and James Biden created a business arrangement with foreign nationals connected to the Chinese government while Joe Biden was vice president.

That work "remained intentionally uncompensated while Joe Biden was vice president."

After he left office, the summary "makes clear that Hunter Biden and James Biden worked with CEFC and affiliated individuals to compensate them for that past work and the benefits......referring to the now-defunct CEFC China Energy company.

Hunter Biden, James Biden and their business associates "created a joint venture that would serve as a vehicle to accomplish that financial compensation jujitsu trick.

That joint vehicle was called SinoHawk, Grassley said, and it was owned 50 percent by Oneida Holdings LLC (Oneida) and 50 percent by Hudson West IV. According to the summary, Oneida comprised five evenly divided LLCs, one for each business associate, including Hunter Biden and James Biden. snip

12 posted on 10/16/2023 11:10:55 AM PDT by Liz (“The only time Biden gets his hands dirty is when he’s taking cash from foreign countries." Trump)
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To: CFW

B.S., they are circumventing tax law. Or at attempting too, but Hunter was too crooked and the money to large to just say these were gifts or 0 interest loans.


13 posted on 10/16/2023 11:13:10 AM PDT by 1Old Pro
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To: FlingWingFlyer

When a loan is forgiven, a Form 1099 is required to report that income to the IRS.


14 posted on 10/16/2023 11:14:24 AM PDT by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)
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The Biden Access-For-Hire Operation Shows It Was A Family Affair
The Federalist ^ | 10/4/23 | ELLE PURNELL
Posted on 10/4/2023, 7:15:23 PM by CFW

As the Biden family’s corruption scandals tumble out into the open, corporate media badly want you to think the only story here is about Hunter Biden, a struggling drug addict who may have made some unwise decisions while grieving the loss of his brother. The more evidence — from whistleblower testimony to documentation — of President Joe Biden’s involvement arises, the more frantically they shout “no evidence!” and insist the elder Biden was only involved to the extent that he loves his son and talks with his wealthy foreign friends about the weather.

But — there’s another central figure in the operation. The participation of James Biden, Hunter’s uncle and Joe’s brother, shows just how much of a family affair the scandal is, with Joe Biden, the family’s “only asset,” at the top. So what exactly do we know about James Biden’s involvement?

James, his wife Sara, and Hunter went on a $101,291 spending spree with credit cards opened by Hunter and Kevin Dong, who “served as ‘Chairman Ye[’s] CEFC emissary’ in the United States.” The three Bidens purchased “extravagant items, including airline tickets and multiple items at Apple Inc. stores, pharmacies, hotels and restaurants.”

Despite telling the IRS “that he recalled not being involved with anything beyond 2017,” James Biden sent a message to Hunter in February 2018 that he was “in a near panic” because “we got nothing in Feb! … Did K [likely Kevin Dong] cut us off in Feb? I thought you had said that $ were wired into your account , 82.5 was on its way. We can’t find any record that was sent. Did I miss something?” (Excerpt) Read more at thefederalist.com ...

15 posted on 10/16/2023 11:16:53 AM PDT by Liz (“The only time Biden gets his hands dirty is when he’s taking cash from foreign countries." Trump)
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To: All

James Biden, the younger brother of Joe Biden, told the FBI last year
<><>the Biden family, including himself and Hunter Biden
<><>unsuccessfully tried to help a Chinese company buy U.S. energy assets
<><>including a liquid natural gas port in Louisiana
<><>the Bidens believed the company was tied to Communist Chinese Pres Xi.

Cong Scott said the documents prove that, “its even worse than he thought,”
<><>that the Biden’s would go that far
<><>the Bidens would help the Chinese acquire US energy assets,
<><>the Bidens would give an adversary the ability to control the energy supply inside the US
<><>China controlling the flow of US energy to American citizens and American industry?
<><>how much more of a traitor could you be to do such a thing?


16 posted on 10/16/2023 11:22:12 AM PDT by Liz (“The only time Biden gets his hands dirty is when he’s taking cash from foreign countries." Trump)
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To: GOPJ; poconopundit; Jane Long; Diana in Wisconsin; Grampa Dave; Godzilla; Vaduz; null and void; ...

p


17 posted on 10/16/2023 11:58:02 AM PDT by Liz (“The only time Biden gets his hands dirty is when he’s taking cash from foreign countries." Trump)
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To: Liz

Bernie Madoff would be proud of the Biden syndicate.


18 posted on 10/17/2023 7:15:01 AM PDT by Vaduz (....)
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To: Vaduz

For sure.


19 posted on 10/17/2023 7:24:13 AM PDT by Liz (“The only time Biden gets his hands dirty is when he’s taking cash from foreign countries." Trump)
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