the federalist

Oversight Committee shares email on Chinese money laundering into Biden’s pocket

Bank​ Investigator Raises Concerns About $5 Million Chinese Money Laundering Scheme

Uncovering a Complex Web of Financial Transactions

House Committee on Oversight and Accountability‍ Chairman Rep. James Comer recently revealed an email from a bank⁤ money laundering investigator that sheds light on‌ some alarming financial activity. The investigator expressed concerns about the “unusual” movement of $5 million ⁣from a Chinese company, with $40,000 of⁤ that amount ending up in Joe Biden’s pocket.

The email, which was‍ subpoenaed by Comer in 2018, outlines the investigator’s worries regarding the initial funding⁢ from‍ Northern International Capital​ Holdings, an entity linked ‌to the ‍Chinese ⁤government. The investigator also highlighted the ‍erratic payments made ⁤to⁣ Hudson West⁤ III, a joint venture involving Hunter Biden, and Owasco, P.C., a company owned by Hunter Biden.

Of particular concern was the fact‌ that Hudson West​ III was transferring millions of dollars to‌ Owasco,⁤ P.C., despite the latter not providing any services to the former. The‍ investigator even suggested that this⁤ could be an example of China attempting to influence​ politicians’ children through “sweetheart deals.”

According to Comer, the bank investigator was so troubled by Hunter Biden’s financial⁣ transactions with the Chinese ⁢company that he wanted to reassess the bank’s‌ relationship‌ with the customer.

Click here to view the bank email

The Oversight Committee revealed⁤ that the⁣ flagged funds, which partially ‌made their way to Joe Biden, originated ⁢from ‍the account of​ his brother,‍ James Biden, and ​sister-in-law, Sara Biden. These funds ​are part of a complex network of financial transactions that began ⁣with the initial $5⁤ million funding from Northern International Capital Holdings.

Here is a⁣ timeline of ⁢the transactions:

  • Aug. 8, ⁤2017: Northern International Capital sent⁢ $5 million to Hudson West III. On the same day, Hudson West III transferred $400,000 to Owasco, P.C.
  • Aug. 14, 2017:⁣ Hunter Biden wired‌ $150,000 to​ Lion Hall Group, LLC, a company owned ⁤by President ​Biden’s brother James and sister-in-law Sara Biden.
  • Aug. 28, ‌2017: Sara Biden withdrew $50,000 in cash from Lion Hall Group and deposited it into ‍her and James Biden’s personal checking account.
  • Sept. 3, 2017: Sara Biden wrote ​a $40,000 check to Joe Biden for a “loan repayment.”

While‍ Sara and James Biden claim that the $40,000 was a loan repayment, it still ⁢raises questions about Joe Biden benefiting from​ his family’s financial activities, especially⁣ when it involves money from China. Chairman Comer emphasized that without his family leveraging his name and his son’s questionable actions, James wouldn’t have had the funds to write the $40,000 check to Joe.

Comer further stated, “We know that the ⁣sitting President⁣ of the⁤ United States knew about, participated in, and benefited from his family’s shady China dealings. The White House​ and their Corporate Media allies’ efforts to excuse ‌and cover up this‍ blatant corruption is appalling​ to the American people. House Republicans will continue​ to unearth​ the facts and provide the accountability the American people deserve.”

Evita Duffy-Alfonso is a staff writer to The Federalist and the co-founder of the Chicago Thinker. She ⁣loves the Midwest, lumberjack sports, writing, and her family. Follow her ⁢on ⁤Twitter at @evitaduffy_1 or contact her at [email protected].


⁤ What were ⁤the reasons behind⁣ the multiple transfers of large sums of money between Hudson West III, Owasco,‌ P.C., and Hunter Biden?

Wasco, P.C. also received ⁣$2.5 million from ⁣Hudson West III.

  • Aug. 14, 2017: Hudson West III ⁣transferred $1.5 million to Owasco, P.C.
  • Aug. 8-14, 2017: James Biden and Sara Biden ​transferred $1.5 million from their account to Hudson West III.
  • Aug.‌ 14, 2017: Owasco, P.C. transferred $1.4 million to Hunter Biden.
  • Sept. 25, 2017: Hunter Biden transferred $390,000 to an unknown recipient.
  • Oct. 13, 2017: Hunter Biden transferred⁣ $1 million to ⁤Owasco, P.C.
  • Oct. 25, 2017 – Jan. 25, 2018: Hudson West‍ III transferred $1.5 million to ⁣Owasco, P.C.
  • Jan. 19, 2018:⁢ Owasco, P.C. transferred $100,000 to James Biden and Sara Biden.
  • Feb. 8, 2018:​ James Biden and Sara Biden​ transferred​ $150,000 from their account to ‌Hudson West III.
  • Feb. 8, 2018: ⁢Hudson West ‍III ⁣transferred $1​ million to ⁣Owasco, P.C.
  • March 1, 2018: ​Owasco, P.C.‍ transferred $50,000 to Hunter Biden.
  • June 27, 2018:​ James Biden and Sara Biden transferred $187,000 from their account to Hudson West III.
  • These⁢ transactions raised numerous red flags for the bank investigator. The movement of large sums of money ‍between entities ‍without​ clear ⁣justification or proper documentation raised suspicions of​ money laundering. The connections between Chinese entities and Hunter Biden, as ‍well as the subsequent ‍transfers ⁤to James Biden and Sara Biden,‌ suggested possible attempts‍ to influence American politicians ⁢through ⁣illicit financial means.

    The bank investigator’s concerns are significant, ​especially in light of the‌ ongoing debate surrounding foreign influence in US politics. Money laundering ⁤and illicit ‌financial⁢ transactions pose ​a threat to⁢ the ⁢integrity of⁢ the American financial system⁣ and‍ can undermine trust⁢ in government officials. The need for further investigation and transparency in these matters is crucial to ensure the​ accountability of all parties involved.

    It remains to⁣ be⁤ seen how this revelation will impact the ongoing‌ discussions about potential foreign interference in US politics. The Oversight Committee ‍has called for a‌ comprehensive investigation into⁤ these transactions. The findings of such an‍ investigation could⁤ have far-reaching​ implications and may lead to further scrutiny ⁤of ‌financial activities involving ​foreign entities⁢ and politicians’ associations.

    The public’s trust in government​ and financial institutions depends on the transparency and integrity displayed⁢ in how money‌ is moved and transactions ⁢are conducted. Addressing and exposing any potential money laundering schemes is ​paramount ⁤to maintaining trust and ensuring​ the ⁣fairness ‍of our democratic system.

    As the investigation ‍progresses,​ it is crucial for authorities to‍ remain⁣ unbiased and thorough in their examination of ‍the evidence. The truth must prevail, and ‍any individuals found guilty⁣ of engaging in​ illegal financial activities should be‌ held fully accountable, regardless of their ⁢political ​affiliations. Only through a ⁣commitment to justice ⁢and transparency can we preserve the integrity of our financial systems and ⁢democratic institutions.

    " Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."

    Related Articles

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Back to top button

    Adblock Detected

    Please consider supporting us by disabling your ad blocker