Chinese Payment Firm Probed by FBI Has Biden-Linked Backer

A recent investigation reveals that PAX Global Technology, a Chinese company under federal investigation for suspicious data transmissions, has ownership links to Che Feng, a Chinese financier closely connected to Hunter Biden.

Earlier this month, Hunter Biden dropped his lawsuit against two IRS whistleblowers who alleged there had been a cover-up in former President Biden’s DOJ to block a tax fraud investigation into the former President’s son. However, the financial sector controversies Hunter has incited, particularly with his business dealings in China, remain an ongoing topic of interest and allegedly extend far deeper than tax fraud.

For example, Breitbart News has learned that PAX Global Technology Limited., a Chinese technology company under federal investigation for suspicious data transmissions and potential cyberattacks, is linked through ownership structures to Che Feng — a Chinese financier closely tied to Hunter Biden. The company is still operating in the United States, creating and managing the electronic payment terminals consumers used at thousands of U.S. businesses.

North Dakota funding companies propping up China’s military
https://www.kxnet.com ^ | 4.18.2022 | josh meny
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On Thursday, CIA Chief William Burns gave his first public speech as director at the Georgia Institute of Technology addressing the dual threat of China and Russia.

Burns said Chinese President Xi Jinping is “a silent partner” in Russian President Vladimir Putin’s “aggression” in Ukraine, warning that China poses the “greatest challenge” and “most profound test” that the agency has ever faced.

KX News has covered the State Investment Board’s efforts to entirely divest from Russia, but what about Russia’s “silent partner,” China?

The SIB has 69 investments in China that span a wide range of industries throughout the country.

At least six of those companies receiving our tax dollars are well-known for their support of China’s Military-Industrial Complex or their espionage activities.

The SIB is invested in PAX Global Technologies, a Chinese technology company with offices here in the U.S. Last October, the FBI and the Department of Homeland Security raided the Florida offices of this Chinese technology company.

The raid was tied to reports that the company was involved in cyberattacks against organizations in the United States and European Union. The U.S. Treasury Department also warned that Pax terminals were transmitting encrypted data to unknown third parties in China...

From another thread:

...Treasury Department lab tests show that the data is encrypted and sent to unknown third parties in China. The transmissions are “superfluous to normal payment transaction processing,” according to a letter from the Treasury’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP), as quoted in Bloomberg News. The China-bound data transmissions are larger and more frequent than the transmissions of normal payment transactions.

“Treasury’s preliminary assessment is that data transmission by these devices indicates the possibility of risks to customer data confidentiality,” a Treasury spokesperson emailed to Bloomberg.

A subsidiary of the Chinese company, PAX Global, claimed that the security concerns were just “rumors.” The company’s headquarters are split between Hong Kong and Shenzhen, China. PAX has manufactured 57 million terminals that operate in 120 countries around the world, according to its own claims.

On Oct. 26, the FBI raided PAX offices in Jacksonville, Florida. And two days later, the company’s senior vice president of security and services quit her job.

A British security agency is also investigating the Chinese POS device manufacturer.

Cybersecurity expert Brian Krebs reported that the FBI raid was not only linked to the discovery of “unusual network packets” from the company’s terminals, but to reports that the PAX systems could be linked to cyberattacks, hacks, and illicit data collection on U.S. and European Union organizations.

Financial company FIS Worldpay, a Florida-based payment processing company, has for security reasons been forced to replace its PAX terminals with machines from American and French manufacturers. A FIS spokesman explained that the reason FIS is replacing PAX terminals is because FIS “did not receive satisfactory answers from PAX regarding its POS devices connecting to websites not listed in their supplied documentation.”...

Is there anyone on the planet with one neuron still firing who thinks Joe and Hunter didn’t work in concert to extract bribes from foreign nationals? The real question is: Why are they both in jail? Hunter gets a pass AND a pardon and Joe gets away with it because “he’s an old man”. Well, I’m old too and no one is giving me a pass on anything. But then, I’m not in politics.

And Congress wonders why the American people don’t trust the gov’t. Well, a good place to start earning that trust back is to start throwing know criminal politicians in jail.

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