{"id":1928059,"date":"2023-05-10T09:56:02","date_gmt":"2023-05-10T13:56:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bank-records-detail-10-million-in-payments-from-china-foreign-interests-to-biden-family-members-house-oversight\/"},"modified":"2023-05-10T10:00:45","modified_gmt":"2023-05-10T14:00:45","slug":"bank-records-detail-10-million-in-payments-from-china-foreign-interests-to-biden-family-members-house-oversight","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bank-records-detail-10-million-in-payments-from-china-foreign-interests-to-biden-family-members-house-oversight\/","title":{"rendered":"Bank records show $10 million in payments from China and foreign interests to Biden and family members, says House Oversight."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">40<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbank-records-detail-10-million-in-payments-from-china-foreign-interests-to-biden-family-members-house-oversight%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1928059&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Explosive Revelations: Millions of Dollars in a Complex Money Laundering Scheme Involving President Biden and His Family<\/h2>\n<h3>Banking and Other Records Reveal a Web of Over 20 Companies<\/h3>\n<p>The House Committee on Oversight and Accountability, chaired by James Comer (R-Ky.), has made public banking and other records that depict a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bank-records-detail-10-million-in-payments-from-china-foreign-interests-to-biden-family-members-house-oversight\/\" title=\"Bank records show  million in payments from China and foreign interests to Biden and family members, says House Oversight.\">complex money laundering scheme involving millions<\/a> of dollars, many from foreign countries, given to President Joe Biden and nearly a dozen members of his family. The investigators examined thousands of bank records and legal documents depicting nearly two dozen Limited Liability Corporations (LLCs) established by Biden family members to receive payments from private clients, corporations, and foreign governments, including China and Romania.<\/p>\n<p>The memorandum summarizing the findings to date of the House Committee on Oversight and Accountability reveals that \u201cBiden family members and business associates created a web of over 20 companies\u2014most were limited liability companies formed during Joe Biden\u2019s vice presidency.\u201d The committee has identified payments to Biden family members from foreign companies while Joe Biden served as Vice President and after he <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/hallie-biden-%e2%94%81-3rd-biden-to-receive-money-from-hunters-foreign-business-ventures\/\" title=\"Hallie Biden \u2501 3rd Biden to receive money from Hunter\u2019s foreign business ventures\">left public office<\/a>.<\/p>\n<h3>Complicated Financial Transactions Conceal the Source of Funds<\/h3>\n<p>The memorandum further explains that \u201cdespite creating many companies after Vice President Biden took office, the Biden family used business associates\u2019 companies to receive millions of dollars from foreign companies. After foreign companies sent money to business associates\u2019 companies, the Biden family received incremental payments over time to different bank accounts. These complicated financial transactions appear to conceal the source of the funds and reduce the conspicuousness of the total amounts made into the Biden bank accounts.\u201d<\/p>\n<h3>Selling Access to the Senior Biden During His Vice-Presidential Tenure and Thereafter<\/h3>\n<p>The Kentucky Republican, James Comer, told journalists in a May 10 news conference that stacks of Suspicious Activity Reports (SARs) his committee obtained from the Department of Treasury and information received from whistleblowers leave little doubt that the scheme\u2019s only product was selling access to the senior Biden during his vice-presidential tenure and thereafter.<\/p>\n<h3>LLCs Linked to Multiple Foreign Governments, Government Officials, Celebrities, and State-Controlled Corporations<\/h3>\n<p>Comer\u2019s comments follow more than five years of steadily increasing media reports, first sparked in 2015 when it was learned that Hunter Biden, the president\u2019s son, was appointed to the board of directors of Burisma, a controversial Ukrainian energy firm, and was paid more than $50,000 a month despite having no experience in the field. But Burisma was only part of the collection of LLCs revealed by the SARs which make clear that Hunter and Jim Biden, the president\u2019s brother, have been linked to multiple foreign governments, government officials, celebrities, and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/election-denier-stacey-abrams-is-now-working-to-eliminate-gas-stoves\/\" title=\"Election Denier Stacey Abrams Is Now Working To Eliminate Gas Stoves\">state-controlled corporations<\/a> in China, Russia, Romania, Ukraine, and elsewhere.<\/p>\n<h3>Explosive Revelations Indicative of Influence Peddling and Financial Deception<\/h3>\n<p>The banking and other <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chasten-buttigieg-says-its-old-news-to-cover-petes-lengthy-paternity-leave-after-dot-concealed-it-for-a-year\/\" title=\"Chasten Buttigieg Says It\u2019s Old News To Cover Pete\u2019s Lengthy Paternity Leave After DOT Concealed It For A Year\">records made public<\/a> by the House Committee on Oversight and Accountability reveal explosive revelations that are indicative of influence peddling and financial deception. The complex money laundering scheme involving millions of dollars, many from foreign countries, given to President Joe Biden and nearly a dozen members of his family is a cause for concern and warrants further investigation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banking and other records made public Wednesday by House Committee on Oversight and Accountability Chairman James Comer (R-Ky.) depict a complex money laundering scheme involving millions of dollars, many from foreign countries, given to President Joe Biden and nearly a dozen members of his family. In a memorandum summarizing findings to date of the House<\/p>\n","protected":false},"author":173,"featured_media":1928060,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[10491,5373,3620,4501,3881,5542,3653,4985,5618,5398,3918],"class_list":["post-1928059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times","tag-10491","tag-bank","tag-biden","tag-china","tag-family","tag-foreign","tag-house","tag-members","tag-oversight","tag-payments","tag-records"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1928059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/173"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1928059"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1928059\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1928060"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1928059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1928059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1928059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}