Did the Daily Mail just accidentally uncover the Biden family money-laundering scheme?

Revolver News ^ | June 27, 2024 | Staff

[Eli Kopter]

This is how you can park millions of dollars of illicit funds. We witnessed scandals in the 1980's that were called appraisal hiking, where the same property would be sold several times in one day, and the last appraisal was 10 times the value of the first. And consequently, the surrounding values went up accordingly. Those folks are still in jail in the Dallas area.

[farmguy]

Who is paying all these mortgages?

[JudyinCanada]

His banking records, including his home payments (if he made any) need to be investigated. Also, who is he refinancing with? Any loan that is made and not repaid (forgiven) is not a loan. It’s a gift, but for what? It’s clearly a money-laundering op.

[Dr. Franklin]

Who is paying all these mortgages?

Where did the cash out from the loans go?
Why have the RINOs in the House not investigated this? There should be bank records on all of this.

[nopardons]

BTTT

[TexasFreeper2009]

I am starting to wonder if Jill is actually the one running the Biden crime family at this point.

[Jonty30]

In business, you don’t use your own assets unless you have no choice to borrow money. If you have a business, you borrow based on the assets of the business. If the worst happens, the banks owns your business and you walk away scot free.

[mewzilla]

Accidentally...

(chortle)

[Dr. Franklin]

Who is paying all these mortgages?

You assume that the mortgages were actually paid, and not just written off as an illegal campaign contribution.

[Jonty30]

I’m not saying she’s involved, but it would be Brother James that is probably the point man. Him and Hunter.

[mewzilla]

Note to the Bidens: Go to Trump. Do a deal. He’s the only guy who can save you from your Deep State masters.

[Eli Kopter]

I have wondered that since he was elected.

[Eli Kopter]

I have wondered that since he was elected.

[SteelPSUGOP]

The fact this happens more than once or twice screams corruption.

[Eli Kopter]

They can refinance the same mortgage through the same company, and they loan on the increased value, no matter how bogus it is. Great for sellers, bad for buyers, because the values are artificially raised.

[Liz]

Transaction costs on a refinance, while not huge, would add up fast on so many mortgages.

Appears to be a Biden flim-flam......to hide the flow of illegal money in his possession.

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The big question is how did the Bidens value the home on the loan app?

Did they ever inflate the home’s value to get better loan terms?

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At a minimum, the Biden finagling suggests a collusive arrangement
with bank personnel, appraisers, and lending personnel.

[ptsal]

Bkmk
Follow the money

[Liz]

So, what is Biden up to, especially given the fact that he’s worth millions?

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Woeful underestimate......Biden and his Crime Family are worth billions.

[Delta 21]

This is how I started off again after COVID. It works pretty well.

[CaptainK]

Interesting point is that these large equity mortgages were paid off in a relatively fast period of time. Money laundering is the only reasonable explanation for this questionable financial activity. The Biden family members making bank off of Joe’s name were paying tribute by “paying off” the loans after Joe took ownership of the mortgage money for himself.