Keyword: heldoffshore

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  • Hunter Biden-linked company got $130M in federal loans when Joe Biden was VP (profits held in offshore tax haven)

    04/16/2021 3:01:06 AM PDT · by Liz · 15 replies
    Washington Examiner ^ | November 21, 2019 | Alana Goodman
    An investment firm linked to Hunter Biden received over $130 million in federal tax dollar bailout loans while his father Joe Biden was vice president...... profits were routed through a subsidiary in the Cayman Islands, according to federal banking and corporate records reviewed by the Washington Examiner. Financial experts said the offshore corporate structure could have been used to shield earnings from United States taxes. Rosemont Capital, an investment firm at the center of Hunter Biden’s much-scrutinized financial network, was one of the companies approved to participate in the 2009 federal loan program known as the Term Asset-Backed Securities Loan...