Saturday, May 18, 2024

Report: $250K Chinese Payment to Hunter Biden Labeled ‘Personal Investment’

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More details are coming to light about Biden's shady foreign business deals…

President 's son, Hunter Biden, allegedly received payments sent from inside communist for more than a quarter of a million dollars in 2019 according to bank records.

House Oversight Committee Chairman James Comer (R-KY) obtained the information after subpoenaing bank records. The banks produced “records of two wires originating from Beijing, China and linked to BHR Partners,” a joint venture between 's company and a Chinese investment company where Hunter Biden served on the Board of Directors, the report said.

The two wires that were sent to Hunter Biden in the Summer of 2019 totaled $260,000 and listed Hunter Biden as the beneficiary. However, the payments listed his father's home in Delaware as his address, according to The Daily Wire.

“Bank records don't lie but President Joe Biden does,” Comer said in a statement. “In 2020, Joe Biden told Americans that his family never received money from China. We've already proved that to be a lie earlier this year, and now we know that two wires originating from Beijing listed Joe Biden's Wilmington home as the beneficiary address when he was running for President of the United States. When Joe Biden was vice president, he spoke on the phone and had coffee with Jonathan Li in Beijing, and later wrote a college letter of recommendation for his children.”

“Joe Biden's abuse of public office for his family's financial gain threatens our national security,” he added. “What did the Bidens do with this money from Beijing? Americans demand and deserve accountability for President Biden and the First Family's corruption. The Oversight Committee, along with the Judiciary and Ways and Means Committees, will continue to follow the evidence and money to provide transparency and accountability.”

The $250,000 wire Hunter Biden received from his Chinese business partners was labeled as a “personal investment,” despite his legal team claiming the funds were part of a loan and previously saying he never “received any return on his investment,” Fox News Digital has learned.

The discovery of the financial records comes ahead of the first impeachment hearing against President Biden. 

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Nancy Jackson
Nancy Jackson
Nancy grew up in the South where her passion for politics first began. After getting her BA in journalism from Ole Miss she became an arts and culture writer for Athens Magazine where she enjoyed reporting on the eclectic music and art scene in Athens, GA. However, her desire to report on issues and policies impacting everyday Americans won out and she packed her bags for Washington, DC. Now, she splits her time between the Nation’s Capital and Philadelphia where she covers the fast-paced environment of politics, business, and news. In her off time, you can find Nancy exploring museums or enjoying brunch with friends.

2 COMMENTS

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