Posted on 11/30/2023 7:29:08 AM PST by Red Badger
CBS' Catherine Herridge broke down a fascinating Biden bank record that the House Oversight Committee posted on Wednesday.
The bank record was a 2018 email purportedly written by a money laundering investigator who was raising questions about money flowing into accounts connected to Hunter Biden.
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Catherine Herridge
@CBS_Herridge
Bank record from @GOPoversight probe of Hunter Biden, Biden family foreign business deals. Described as email from money laundering investigator,“payments appear erratic,” “does not appear to have any services rendered,” “no current business purpose,’ + “China target[s] children of politicians..”
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The email termed the entity "high risk." It noted that $5 million from the Northern International Capital Holdings (HK) funded 16 wires connected to Owasco PC, Hunter Biden's law firm. The payments were indicated as "management fees and reimbursements." It says that they found it unusual that 58 percent of the funds went to the law firm in the course of just a few months. "Payments appear erratic" and this despite the fact Hudson West III LLC didn't appear to have any current investment projects. So there was no current apparent business purpose. There also were no services rendered by the law firm, the email said.
The email also noted there was negative news about extravagant spending by the "beneficial owner of Owasco PC," Hunter Biden including "drugs, strip clubs, prostitutes, etc." that could leave his family in a financial hole.
Perhaps one of the most interesting things in the email highlighted news about a threat from China, "China targeting the children of politicians and purchase of political influence through sweetheart deals."
Specifically Hunter Biden's $1.5 billion deal with the Chinese-State to establish a private equity firm, in which they manage the funds over time and make huge fees. The management company's purpose is to invest in companies that benefit Chinese government. Thus, the activity of the account appears unusual with no current business purpose...
The email concluded that it might require a "re-evaluation" of the "relationship with the customer."
The Democrats were desperate to jump to Hunter's defense, trying to point to other emails to claim that this was "reasonable."
But as the GOP pointed out there was a problem with this defense.
There are thousands of pages of suspicious activity reports at Treasury from several banks that raise the same concerns as this bank’s money laundering investigator. This isn’t a one off incident. The Democrats know that, and it’s embarrassing they continue to defend this corrupt President with no intellectual honesty. In the emails Democrats reference, one says the activities are consistent with lobbying. Hunter Biden was not a registered lobbyist. The other is a summary of a Biden family associate’s defense of their corrupt schemes.
But if they want to go with what they produced — that this activity is consistent with lobbying — was Hunter Biden a registered lobbyist? Oh, that's right he wasn't. Are Democrats suggesting Hunter committed a FARA violation here?
Not exactly the greatest defense there.
Notice the Democrats in that post also didn't address the concerning threat of "China targeting kids of politicians" and seeking to influence things for the benefit of the Chinese government. That question is at the crux of this case and if it involves more "kids of politicians" or others, it's vital that we know that.
It looks like the GOP is going to have some very interesting questions to ask Hunter when he shows up on Dec. 13 to testify under subpoena. That is, if he shows up. As George Washington Law professor Jonathan Turley explained, he could face grave consequences if he does not or if he does, but doesn't tell the truth.
Bttt
If this was about Donald trump Jr, he would have been executed already.
There will be no serious investigation until AFTER rock-solid proof and an official guilty verdict has been rendered by a court of law. Until such things happen, all information should be filed away as “no evidence”, it should be ignored as “debunked” and discussions of any possible guilt by the Bidens should be laughed at. Conversational topics should be immediately switched to Trump and the fact that he is Hitler.
One of the most interesting things in the email highlighted news about a threat from China:
<><>China targeting the children of politicians
<><>and purchasing political influence through sweetheart deals.
<><>notably Hunter Biden’s $1.5 billion deal with the Chinese-State
<><>Hunter got to establish a private equity firm, and made huge fees.
<><>Hunter’s role was to find investments in US companies that benefit the Chinese govt.
The Democrats were desperate to jump to Hunter’s defense, trying to point to other emails to claim that this was “reasonable.” But as the GOP pointed out there was a problem with this defense.
There are thousands of pages of suspicious activity reports at Treasury from several banks that raise the same concerns as this bank’s money laundering investigator. This isn’t a one off incident. The Democrats know that, and it’s embarrassing they continue to defend this corrupt President with no intellectual honesty. In the emails Democrats reference, one says the activities are consistent with lobbying. Hunter Biden was not a registered lobbyist. The other is a summary of a Biden family associate’s defense of their corrupt schemes.
The only difference here is that the Biden family is so cheap, lazy and stupid that they accepted the bribes directly instead of doing it the “legal” way by laundering the money through a non-profit Beltway think tank or similar organization.
See the John McCain Institute at Arizona State University as an example of how it’s done.
It looks like these banks are complicit in the money laundering also. But I don’t think anything will come of any of this. They are all interconnected in this.
One hand washes the other.
Hunter must be the original Nigerian prince.
Odd, millions don’t suddenly show up in my account.
P
pedochinajoe would only nuke US if he’s prosecuted
That’s because you ain’t no Nigerian prince.................
A fascinating insight to the inner workings of the scum pool we call D.C. Amazingly nothing will be done about it.
I’m wondering when Zelenski will get ticked off enough at Biden for not giving him what he wants and turns on the information spigot about the Bidens’ crooked dealings in the Ukraine.
politicians call this activity politics. The public calls the politicians….criminals and if the public does this and is not a politician ….
politicians call this activity politics. The public calls the politicians….criminals and if the public does this and is not a politician ….
“I’m wondering when Zelenski will get ticked off enough at Biden...”
Several Governments probably hold hot info on the Biden’s and it seems everyone knows. This is a clear threat to the nation and national security.
One or more of them are eventually demand something Biden can’t give them and they’ll let loose the floodgates.
It would be interesting to track the billion Newsome sent to China for masks that were never delivered. I wonder where that trail leads. Aunt Nancy?
EC
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