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Did the Daily Mail just accidentally uncover the Biden family money-laundering scheme?
Revolver News ^ | June 27, 2024 | Staff

Posted on 06/29/2024 8:26:26 AM PDT by Eli Kopter

Did the Daily Mail accidentally uncover a money-laundering scam in the Biden family? No, we’re not talking about Hunter Biden’s fake “artwork.” This new theory hits much closer to Joe’s home—literally. It involves two of his homes in Delaware. Either Joe Biden is broke and needs a lot of cash, or he’s up to something mighty shady. The big question now is: why are the Bidens refinancing their Delaware homes so often? One of their houses was actually refinanced an astounding 15 times.

Honestly, who needs to refinance their home 15 or more times? We wanted to find out the average number of times Americans refinance their homes. Unfortunately, that data isn’t readily available. However, when we asked ChatGPT if refinancing a home 15 times was “excessive,” this was the response:

“Yes, refinancing a single home 15 times does seem excessive.”

So, what is Biden up to, especially given the fact that he’s worth millions? There are some interesting theories floating around.

(Excerpt) Read more at revolver.news ...


TOPICS:
KEYWORDS: bidencrimefamily; homerefinancing; refinancing
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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.
1 posted on 06/29/2024 8:26:26 AM PDT by Eli Kopter
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To: Eli Kopter

Who is paying all these mortgages?


2 posted on 06/29/2024 8:30:12 AM PDT by farmguy ( )
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To: Eli Kopter

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.


3 posted on 06/29/2024 8:32:08 AM PDT by JudyinCanada (The left is loathsome, beyond anything I could have believed.)
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To: farmguy
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.
4 posted on 06/29/2024 8:32:57 AM PDT by Dr. Franklin ("A republic, if you can keep it." )
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To: Eli Kopter

BTTT


5 posted on 06/29/2024 8:34:02 AM PDT by nopardons
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To: Eli Kopter

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


6 posted on 06/29/2024 8:38:37 AM PDT by TexasFreeper2009
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To: Eli Kopter

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.


7 posted on 06/29/2024 8:40:09 AM PDT by Jonty30 (He hunted a mammoth for me, just because I said I was hungry. He is such a good friend. )
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To: Eli Kopter

Accidentally...

(chortle)


8 posted on 06/29/2024 8:40:22 AM PDT by mewzilla (Never give up; never surrender!)
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To: farmguy; All
Who is paying all these mortgages?

You assume that the mortgages were actually paid, and not just written off as an illegal campaign contribution.
9 posted on 06/29/2024 8:40:46 AM PDT by Dr. Franklin ("A republic, if you can keep it." )
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To: TexasFreeper2009

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


10 posted on 06/29/2024 8:40:55 AM PDT by Jonty30 (He hunted a mammoth for me, just because I said I was hungry. He is such a good friend. )
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To: 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.


11 posted on 06/29/2024 8:41:50 AM PDT by mewzilla (Never give up; never surrender!)
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To: TexasFreeper2009

I have wondered that since he was elected.


12 posted on 06/29/2024 8:41:51 AM PDT by Eli Kopter
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To: TexasFreeper2009

I have wondered that since he was elected.


13 posted on 06/29/2024 8:42:40 AM PDT by Eli Kopter
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To: Eli Kopter

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


14 posted on 06/29/2024 8:44:27 AM PDT by SteelPSUGOP (UGHT)
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To: farmguy

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.


15 posted on 06/29/2024 8:45:23 AM PDT by Eli Kopter
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To: All

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.


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?


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


16 posted on 06/29/2024 8:45:33 AM PDT by Liz (This then is how we should pray: OuIn their qur Father who art in heaven, Hallowed be thy name . )
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To: JudyinCanada

Bkmk
Follow the money


17 posted on 06/29/2024 8:51:30 AM PDT by ptsal (Vote R.E.D. >>>Remove Every Democrat ***)
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To: Eli Kopter

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


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


18 posted on 06/29/2024 8:53:36 AM PDT by Liz (This then is how we should pray: OuIn their qur Father who art in heaven, Hallowed be thy name . )
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To: Eli Kopter

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


19 posted on 06/29/2024 8:54:58 AM PDT by Delta 21 (If anyone is treasonous, it is those who call me such.)
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To: farmguy

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.


20 posted on 06/29/2024 8:55:15 AM PDT by CaptainK ("If life's really hard, at least its short")
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