{"id":2087855,"date":"2023-11-02T11:22:04","date_gmt":"2023-11-02T15:22:04","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinese-funds-moved-through-biden-family-accounts-to-joe-biden-bank-records-and-documents-suggest\/"},"modified":"2023-11-02T11:28:02","modified_gmt":"2023-11-02T15:28:02","slug":"chinese-funds-moved-through-biden-family-accounts-to-joe-biden-bank-records-and-documents-suggest","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinese-funds-moved-through-biden-family-accounts-to-joe-biden-bank-records-and-documents-suggest\/","title":{"rendered":"Bank records and documents suggest Chinese funds were transferred to Joe Biden through his family accounts."},"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\">32<\/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%2Fchinese-funds-moved-through-biden-family-accounts-to-joe-biden-bank-records-and-documents-suggest%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=2087855&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--><blockquote>\n<h2>Did President Biden Receive Chinese\u200c Funds? Bank Records \u200bSuggest So<\/h2>\n<p>According to a memo compiled by the Republican-led House Oversight Committee, bank records and other documents indicate that a $40,000 payment President Joe Biden received from his brother \u200bin 2017 may have\u200c originated from a Chinese firm and\u200c passed through various Biden-family \u2064entities.<\/p>\n<div class=\"my-5\">\n<p>The evidence \u200cin the <a href=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2023\/11\/Fourth-Bank-Records-Memo.pdf\" target=\"_blank\" rel=\"noopener\">memo<\/a> does not definitively prove that the money was intended for President Biden, who was a private\u2064 citizen at\u200d the time. However, there are several pieces of circumstantial evidence, including a text message from Hunter Biden to his Chinese \u2062associates mentioning \u2064his father&#8217;s name just \u2062days before the money was transferred to a Hunter Biden account. This has led \u200bRep. James \u200dComer (R-Ky.), the Republican chair of \u2062the Oversight Committee, to accuse President Biden of receiving foreign\u200b funds.<\/p>\n<\/p><\/div>\n<p>The White House has not responded to requests for comment, and President Biden has vehemently denied \u200dbenefiting from his family&#8217;s\u200d business\u2062 dealings.<\/p>\n<div class=\"shortcode\">\n<div class=\"border-comp-divider mb-4 mr-4 w-full max-w-[500px] border px-5 py-4 text-[16px] leading-[20px] text-[#262626] md:float-left\" id=\"in_article_related_stories\">\n<h2 class=\"mb-3 font-sans text-[16px] font-semibold uppercase leading-[19px] text-[#2F2F2F]\">Related Stories<\/h2>\n<div class=\"mb-4 flex gap-2\">\n<div class=\"grow\">\n<div class=\"mb-1 line-clamp-4 sm:line-clamp-3\">\n            <a href=\"http:\/\/www.theepochtimes.com\/us\/trump-breaks-silence-on-biden-familys-200000-direct-payment-to-biden-5514649?<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/jacob-siegel-on-disinformation-the-hoax-of-the-century-part-1\/\" title=\"Jacob Siegel discusses disinformation and refers to it as the 'Hoax of the Century' in Part 1.\">ea_src=author_manual&#038;ea_med=related_stories<\/a>&#8220;><\/p>\n<h3 class=\"text-sm sm:text-base\">Trump Breaks Silence on \u200bBiden Family&#8217;s $200,000 &#8216;Direct\u200b Payment&#8217; to Biden<\/h3>\n<p>            <\/a>\n          <\/div>\n<div class=\"text-comp-caption text-[14px] leading-[18px]\">10\/21\/2023<\/div>\n<\/p><\/div>\n<div class=\"shrink-0 basis-[70px] sm:basis-[120px]\">\n          <a href=\"http:\/\/www.theepochtimes.com\/us\/trump-breaks-silence-on-biden-familys-200000-direct-payment-to-biden-5514649?ea_src=author_manual&#038;ea_med=related_stories\">\n            <picture><source type=\"image\/webp\" https:><\/source><source type=\"image\/jpeg\" https:><\/source>\n            <\/picture>\n          <\/a>\n        <\/div>\n<\/p><\/div>\n<div class=\"mb-4 flex gap-2\">\n<div class=\"grow\">\n<div class=\"mb-1 line-clamp-4 sm:line-clamp-3\">\n            <a href=\"http:\/\/www.theepochtimes.com\/us\/republicans-tout-200000-direct-payment-to-joe-biden-as-possible-evidence-of-wrongdoing-5514134?ea_src=author_manual&#038;ea_med=related_stories\"><\/p>\n<h3 class=\"text-sm sm:text-base\">Republicans Tout $200,000 Direct Payment to Joe\u200b Biden as Possible Evidence of Wrongdoing<\/h3>\n<p>            <\/a>\n          <\/div>\n<div class=\"text-comp-caption text-[14px] leading-[18px]\">10\/20\/2023<\/div>\n<\/p><\/div>\n<div class=\"shrink-0 basis-[70px] sm:basis-[120px]\">\n          <a href=\"http:\/\/www.theepochtimes.com\/us\/republicans-tout-200000-direct-payment-to-joe-biden-as-possible-evidence-of-wrongdoing-5514134?ea_src=author_manual&#038;ea_med=related_stories\">\n            <picture><source type=\"image\/webp\" https:><\/source><source type=\"image\/jpeg\" https:><\/source>\n            <\/picture>\n          <\/a>\n        <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>Rep. Comer acknowledges that it is possible the $40,000\u200d check was a loan repayment from James Biden.\u2063 However, he argues that even if \u200dit was a repayment, it still demonstrates how President Biden benefited from his family capitalizing on his \u2062name, especially with money from China.<\/p>\n<div class=\"my-5\">\n<p>Rep. Jamie Raskin\u200c (D-Md.), the ranking member on the Oversight Committee, \u2064has stated that the Republicans have found\u2064 no evidence of wrongdoing\u2063 by President Biden.<\/p>\n<\/p><\/div>\n<div class=\"shortcode post-related-videos\">\n<div class=\"lazyload-wrapper\">\n<div class=\"lazyload-placeholder\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>According to the committee&#8217;s findings, the $40,000 payment is\u200d linked to\u200c a failed business venture\u200b involving Hunter Biden, Tony Bobulinski, and others. The committee \u2064obtained FBI interview summaries with Hunter Biden&#8217;s associates, revealing \u2064how Hunter\u2063 Biden formed a joint entity with a Chinese associate to receive money in exchange for leveraging the \u2062Biden family name.<\/p>\n<h2>Following the \u200bMoney<\/h2>\n<div class=\"my-5\">\n<p>Supporting the claim that the $40,000\u200b came from the Chinese firm, the bank records show that the Biden \u2062family accounts involved in the transaction\u200d had minimal funds\u200c or deposits from Chinese entities.\u200d The initial $5 million wire from\u200c Northern International Capital, an affiliate of CEFC China \u2063Energy,\u2063 was deposited into Hunter Biden&#8217;s \u200bjoint \u200bventure account, which was empty at the time. Subsequently, Hunter Biden transferred \u2064$400,000 to his professional corporation, Owasco, P.C., which had received \u2064$100,000 from CEFC Infrastructure\u2063 Investment just \u200bdays earlier. The \u200ccommittee had previously\u200b traced this $100,000\u2064 payment to Shanghai\u2064 Huaxin Group in China.<\/p>\n<\/p><\/div>\n<p>Later, Hunter Biden wired $150,000 to \u200cLion Hall Group, an account belonging to Joe Biden&#8217;s brother, James\u200d Biden. The James and Sara Biden personal account, which initially held only \u2063$1,964,\u2063 received the funds and saw \u2064subsequent transactions before Sara Biden wrote a $40,000 check to Joe Biden.<\/p>\n<div class=\"post-figure\">\n<figure style=\"width:600px\" class=\"aligncenter\"><figcaption>A\u2064 partly redacted copy of a check signed by Sara Biden meant for Joe Biden on Sept. 3, 2017.\u200c (House Committee on Oversight and Accountability)<\/figcaption><\/figure>\n<\/p><\/div>\n<p>While it is \u2062plausible that the $40,000 was a loan repayment, Rep. Comer argues that it still demonstrates \u200dhow Joe \u2064Biden benefited from his family&#8217;s financial activities, particularly with money tied to China.<\/p>\n<div class=\"post-figure\" style=\"margin-left:0;margin-right:0;max-width:1200px\">\n<figure style=\"width:3000px;margin-left:auto;margin-right:auto\" class=\"alignnone\"><figcaption>Hunter Biden walks to a waiting SUV\u200c after arriving with President Joe Biden on Marine One at Fort McNair\u200d in\u2064 Washington on July 4, 2023. (Saul Loeb\/AFP\/Getty Images)<\/figcaption><\/figure>\n<\/p><\/div>\n<p>In an interview with\u2063 the FBI, former Biden family\u2064 business \u2064associate Tony Bobulinski expressed concerns about Joe\u200c Biden&#8217;s involvement in dealings with CEFC while he was vice president. When \u2064Mr. Bobulinski raised these concerns with James Biden, he responded with &#8220;plausible deniability.&#8221;<\/p>\n<p>President Biden, \u2062who is currently facing an\u200d impeachment inquiry, maintains that he had no knowledge \u2062or involvement in his family members&#8217; business affairs.<\/p>\n<p>Rep.\u200d Comer argues\u2062 that by accepting funds from a\u200c company linked to the Chinese Communist Party, Joe Biden\u200c exposed himself to potential blackmail and prioritized personal financial gain over \u200dAmerica&#8217;s interests.<\/p>\n<p>After the committee&#8217;s announcement regarding the $200,000 payment,\u2062 the White House dismissed the findings \u2062as a distraction. Recent polling shows that a majority of\u200d Americans believe President Biden\u2062 has acted illegally \u200cor unethically in relation to his family&#8217;s foreign business \u200baffairs.<\/p>\n<div class=\"my-5\">\n    <em>Joseph Lord, Tom\u200c Ozimek,\u200b and Ivan Pentchoukov contributed to this report.<\/em>\n  <\/div>\n<\/blockquote>\n<p> <\/p>\n<h2> How \u2062can the authenticity of the documents\u2063 and the veracity of the claims\u200b made by the Republican-led committee be\u200d independently \u200dverified?<\/h2>\n<p><span>  A-potential-conflict-of-interest-5514240?ea_src=author_manual&#038;ea_med=related_stories&#8221;><\/p>\n<h3 class=\"text-sm sm:text-base\">Republicans\u200c Tout $200,000 \u200b&#8217;Direct\u200d Payment&#8217; \u2064to Joe Biden \u2063\u200bas a Potential Conflict \u200bof\u2062 Interest<\/h3>\n<p>            <\/a><\/p><\/div>\n<div class=\"text-comp-caption text-[14px] leading-[18px]\">10\/21\/2023<\/div>\n<\/p><\/div>\n<div class=\"shrink-0 basis-[70px] sm:basis-[120px]\">\n<p>          <a href=\"http:\/\/www.theepochtimes.com\/us\/republicans-tout-200000-direct-payment-to-joe-biden-as-a-potential-conflict-of-interest-5514240?ea_src=author_manual&#038;ea_med=related_stories\"><\/p>\n<picture><source type=\"image\/webp\" https:><\/source><source type=\"image\/jpeg\" https:><\/source><\/p>\n<\/picture>\n<p>          <\/a><\/p><\/div>\n<\/p><\/div>\n<div class=\"mb-4 flex gap-2\">\n<div class=\"grow\">\n<div class=\"mb-1 line-clamp-4 sm:line-clamp-3\">\n<p>            <a href=\"http:\/\/www.theepochtimes.com\/us\/former-white-house-staffer-reveals-details-of-foreign-payments-during-biden-administration-5508027?ea_src=author_manual&#038;ea_med=related_stories\"><\/p>\n<h3 class=\"text-sm sm:text-base\">Former White House \u200bStaffer Reveals \u2064Details of Foreign Payments During \u2063Biden Administration<\/h3>\n<p>            <\/a><\/p><\/div>\n<div class=\"text-comp-caption text-[14px] leading-[18px]\">10\/20\/2023<\/div>\n<\/p><\/div>\n<div class=\"shrink-0 basis-[70px] sm:basis-[120px]\">\n<p>          <a href=\"http:\/\/www.theepochtimes.com\/us\/former-white-house-staffer-reveals-details-of-foreign-payments-during-biden-administration-5508027?ea_src=author_manual&#038;ea_med=related_stories\"><\/p>\n<picture><source type=\"image\/webp\" https:><\/source><source type=\"image\/jpeg\" https:><\/source><\/p>\n<\/picture>\n<p>          <\/a><\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>While\u200b the authenticity \u200bof the\u2064 documents and the veracity of the claims made by the Republican-led committee have \u2063yet \u2063to be independently verified, this <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/justice-samuel-alito-accepted-luxury-vacation-from-billionaire-with-cases-before-supreme-court-report\/\" title=\"Justice Samuel Alito reportedly accepted luxury vacation from billionaire with cases before Supreme Court.\">revelation adds fuel<\/a> to the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/brad-pitt-says-its-exhausting-to-have-to-constantly-chase-the-clint-eastwood-image-of-masculinity\/\" title=\"Brad Pitt Says \u201cIt\u2019s Exhausting\u201d to Have to Constantly Chase the \u201cClint Eastwood\u201d Image of Masculinity\">ongoing debate surrounding<\/a> the financial \u2062entanglements of the Biden family. Critics argue that these <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinese-funds-moved-through-biden-family-accounts-to-joe-biden-bank-records-and-documents-suggest\/\" title=\"Bank records and documents suggest Chinese funds were transferred to Joe Biden through his family accounts.\">alleged connections\u200c raise questions<\/a> about potential conflicts of interest and the\u200d integrity\u2064 of President\u200b Biden&#8217;s decision-making.<\/p>\n<p>It is not uncommon for \u2062political figures, especially those with extensive careers\u200c in \u200dpublic service, to have family\u2064 members involved in business ventures. However, when such connections involve foreign \u200centities, particularly those with complex geopolitical \u2062interests, scrutiny is warranted.<\/p>\n<p>Since his\u2063 inauguration, President Biden has faced multiple allegations of \u2062impropriety\u2064 involving \u200dhis family&#8217;s business dealings, particularly with\u2063 regards \u2064to China. \u200cThese accusations have been fueled by reports of lucrative deals made by Hunter Biden, the president&#8217;s son, with foreign companies and governments while his father served as \u2063Vice President under Barack Obama.<\/p>\n<p>The latest \u2064revelation regarding the potential Chinese origin of\u200b a \u2062payment made to President Biden \u200chighlights the need for transparency and accountability. While the \u200devidence presented in the memo may not \u200bbe conclusive, it <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/inside-colony-ridge-the-fastest-growing-development-in-the-u-s-is-a-magnet-for-illegal-immigrants\/\" title=\"Colony Ridge: The U.S.'s Rapidly Expanding Development Attracts Unauthorized Immigrants\">raises \u200clegitimate concerns<\/a> that merit investigation.<\/p>\n<p>Foreign influence\u2063 on American politics is a \u2062matter of national \u2063security. Whether it involves \u200cfinancial contributions, lobbying, or \u2064other forms of influence, it is crucial to ensure the integrity \u200cof the nation&#8217;s\u200c leaders and protect the interests of the American people.<\/p>\n<p>The \u200bbipartisan House \u200dOversight Committee should conduct a thorough investigation into the allegations \u2062raised in \u2062the memo. This investigation\u200d should include subpoenaing relevant documents\u200b and calling witnesses to testify under oath. Only through\u200b a comprehensive and \u200btransparent investigation can the truth concerning President Biden&#8217;s financial dealings be uncovered.<\/p>\n<p>If President Biden is found to have received funds \u2064from a Chinese firm or engaged in any other improper\u2063 financial transactions, it would \u2063have serious implications for his presidency and \u200dthe trust\u2062 placed \u2064in him by the American people. It is\u200b essential to address these concerns promptly and thoroughly to maintain the integrity of \u200bthe office.<\/p>\n<p>In the\u2062 interest of preserving public\u2064 trust and upholding the\u2062 principles of transparency and accountability,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bank records and documents indicate that President Joe Biden may have received a $40,000 payment from his brother in 2017, which potentially originated from a Chinese firm and passed through various Biden-family entities. However, the evidence presented in the memo by the Republican-led House Oversight Committee does not definitively prove this claim.<\/p>\n","protected":false},"author":1226,"featured_media":2087856,"comment_status":"open","ping_status":"closed","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":[],"class_list":["post-2087855","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times"],"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\/2087855","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\/1226"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2087855"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2087855\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2087856"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2087855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2087855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2087855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}