Hunter Biden and associates made an additional $10 million from foreign sources, surpassing previous knowledge.

Hunter Biden’s Foreign‌ Business Dealings Revealed: $10 Million More Than Previously Known

Newly released bank records have shed light on Hunter Biden and his associates’ foreign business dealings,⁢ revealing that they made $10 million more than was previously known. The House Oversight Committee has sent subpoenas to six banks for the records of businesses and individuals connected to the Biden family. However, it’s important to note that no subpoenas have been issued for⁢ the bank records of Biden family members.

Impartial Picture of Income

The committee’s​ memo confirms that $20 million worth of⁤ payments were made through companies run by Hunter Biden and his business associates. This is a significant increase from the $10 million previously uncovered. These payments ⁤provide a glimpse into the income Hunter Biden and his partners earned while Joe Biden was vice president. The newly ​released⁣ records focus on deals involving Ukraine,⁢ Russia, and Kazakhstan, but it’s worth mentioning that ⁢Hunter Biden also received payments from Chinese entities, including a missing⁤ large diamond.

Focus on ‌Rosemont Seneca ⁣Companies

The latest records primarily involve three entities ‍within the Rosemont Seneca family of companies. These companies were established by Hunter Biden and his⁢ former business partner, Devon Archer, during Joe Biden’s vice presidency. ‌It’s important to note that these three entities represent​ only a ⁣fraction of the more than 20 shell companies used⁢ by the Biden family and⁣ their associates during Joe Biden’s time as vice president.

Eye-Popping Payments

One of the most notable payments was a $142,300 wire from Kenes Rakishev, a wealthy Kazakhstani oligarch. Rakishev expressed interest ‍in investing in ‍Rosemont Seneca to build‌ a more global brand. Interestingly, the day after Rakishev sent the money, one of the Rosemont Seneca entities used it to purchase a sports car worth exactly $142,300. Email correspondence from 2014 suggests that ⁣Archer promised Rakishev a⁢ visit from then-Secretary ‌of State John ⁤Kerry, ⁤contingent upon business arrangements.

Another significant payment came from Yelena Baturina, a powerful Russian oligarch who attended dinners ⁤with Joe Biden. Baturina paid one of ⁤the Rosemont Seneca companies $3.5 ‌million⁣ in February 2014, around the same time as⁢ the first dinner‍ with ​Joe Biden. Archer claimed that this payment was a mistake and ⁣that he was unsure why Baturina sent the money to Rosemont‌ Seneca Thornton,‍ an entity formed by Archer, Hunter Biden, and Jim Bulger.

Further Investigation Needed

These newly uncovered payments raise ⁣further questions about Hunter Biden’s business dealings, ​especially ‌considering his father’s interactions with executives from Burisma, Rakishev, and Baturina⁣ around the same time they were making payments to Hunter Biden’s associated companies. The White House has dismissed‍ these findings as ‌old news, while⁣ House Republicans⁤ are considering an impeachment inquiry ‌to expedite their investigation ⁤into the president’s involvement in his ‌family’s financial gains.