Investigators found that during Joe Biden’s tenure as VP, his business dealings with foreign oligarchs brought in over $20 million and the amount continues to grow.
The Biden Family’s Lucrative Foreign Business Deals
Recent records released by the House Oversight Committee reveal that the Biden family amassed over $20 million in earnings from foreign business partners during the Obama administration. The financial documents expose a scheme orchestrated by President Joe Biden’s son, Hunter Biden, who used a network of shell companies to conceal the origins and amounts of the payments. Notably, large sums of money were traced back to oligarchs in Russia, Ukraine, and Kazakhstan.
House Oversight Chairman James Comer, R-Ky., stated, “It appears no real services were provided other than access to the Biden network, including Joe Biden himself. It’s clear Joe Biden knew about his son’s business dealings and allowed himself to be ‘the brand’ sold to enrich the Biden family while he was Vice President of the United States.”
In a recent testimony before the Oversight Committee, former Biden family business partner Devon Archer shed light on the influence-peddling operation. Archer revealed that foreign oligarchs hired Hunter Biden to gain immediate access to Washington politicians, including Joe Biden, and to leverage the Biden “brand” for their own benefit. Archer emphasized that the Biden name carried significant weight and influence.
Contrary to previous denials, records indicate that Joe Biden interacted with his son’s associates on numerous occasions. In fact, evidence suggests that President Biden had over 200 interactions with family business partners. These revelations contradict the narrative put forth by Democrats and Joe Biden himself.
The records also expose Hunter Biden’s highly lucrative position on the board of Burisma, an energy company in Ukraine. Despite lacking relevant experience, Hunter received annual payments of at least $1 million. This arrangement coincided with Joe Biden’s role as the Obama administration’s point person on Ukraine.
Archer revealed that Hunter was hired by Burisma to intimidate potential adversaries, as the company was under investigation by Ukraine’s top prosecutor. Joe Biden himself boasted about pressuring the Ukrainian government to fire the prosecutor in question.
[READ:[READ:Evidence Of Biden Burisma Corruption Is Overwhelming]
Bank records obtained by the House Oversight Committee demonstrate that the Bidens received payments from foreign sources through various channels. For instance, a Kazakhstani oligarch wired the exact price of a sports car the Bidens purchased. Additionally, Hunter Biden’s firm, Rosemont Seneca, received $3.5 million from Yelena Baturina, the widow of an ex-mayor of Moscow. Notably, Baturina was absent from a public sanctions list following Russia’s invasion of Ukraine.
This release of records is the latest installment from the House Oversight Committee, shedding light on the Bidens’ financial dealings. Previous records focused on payments from China and Romania, revealing that at least nine members of the Biden family profited from these transactions.
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