Bank records show Joe Biden received $1380 MONTHLY payments from Hunter’s company that received millions from China: Republicans zero in on firm president’s son used for ‘tax evasion’
Newly released bank records show President Joe Biden received at least three monthly payments from a company owned by Hunter Biden that received millions of dollars from China, Republicans say.
According to the Oversight Committee, which released evidence of one such payment, in 2018, after Joe Biden left the vice presidency and before he launched his presidential campaign, he received three payments of $1,380 each: on September 17, October 15 and November 15. payment.
The payments came from Hunter’s Owasco company.
The Department of Justice is currently investigating whether Hunter Biden used Owasco to evade taxes.
An email from Hunter Biden’s abandoned laptop detailing his expenses shows he owed his father $1,380 in 2018 to pay off a loan on his truck. It is unclear whether this was a monthly expense or a one-time payment.
The new payments come as House Republicans weigh a potential vote to authorize an impeachment investigation to ensure the White House and others comply with their document requests and subpoenas.
Newly released bank records show President Joe Biden received at least three monthly payments from a company owned by Hunter Biden that received millions of dollars from China, Republicans say.
According to the Oversight Committee, which released evidence of one such payment, in 2018, after Joe Biden left the vice presidency and before he launched his presidential campaign, he received three payments of $1,380 each: on September 17, October 15 and November 15. payment
An email from Hunter Biden’s abandoned laptop detailing his expenses shows he owed his father $1,380 in 2018 to pay off a loan on his truck. It is unclear whether this was a monthly expense or a one-time payment.
Newly released bank records show President Joe Biden received at least three monthly payments from a company owned by Hunter Biden that received millions of dollars from China, Republicans say.
The Department of Justice is currently investigating whether Hunter Biden used Owasco to evade taxes.
Recently, the Republican impeachment inquiry released an email from a banking investigator who was alarmed by “unusual” and “erratic” activity in Hunter Biden’s financial dealings with a Chinese company.
A joint venture between Hunter Biden and the Chinese oil company CEFC resulted in $5 million being transferred to Hunter’s companies Hudson and Owasco. The money does not appear to have been “provided for any services” and does not serve “any current business purpose,” the email said.
In addition, the investigator raised the issue of China’s persecution of “children of politicians” who “buy” political influence through “sidekick deals.”
Given these concerns, the bank’s investigator ultimately recommended requiring a “re-evaluation” of the bank’s relationship with “high-risk” client Hunter.
The House Oversight Committee, led by Rep. James Comer, R-Ky., says it has discovered $24 million in payments from foreign nationals to Biden family members.
“Payments to Joe Biden from Hunter’s corporate account at Owasco PC are part of a pattern showing that Joe Biden knew about, participated in and benefited from his family’s influence schemes,” Comer said in a statement.
Republicans on the Oversight Committee are also raising concerns about a $40,000 check from Joe’s brother James and his wife Sarah Joe.
The check was marked “loan repayment” and came after bank records reviewed by DailyMail.com showed Joe had lent James the exact amount weeks earlier. But Republicans question whether the money was actually used to repay the loan.
In August 2017 WhatsApp messages previously published by DailyMail.com, Hunter demanded $10 million from the CEFC and claimed his father was “sitting here” next to him during the exchange.
After an initial $5 million from CEFC was invested in the joint venture on August 8, 2017, $400,000 was transferred to Hunter Biden’s Owasco, PC on the same day. Then on August 14, 2017, $150,000 was transferred directly from Owasco to the bank account of James and Sarah Biden, Joe’s sister-in-law.
Then, on Sept. 3, 2017, Sarah wrote Joe a check for $40,000 — just six days after she received $50,000 in cash, according to the documents obtained.
Joe Biden has previously said Hunter never made money from China, and the White House has argued that the president never benefited from his family’s business ventures.