By Techno Fog, The Reactionary
Today, the Republican-led House Oversight Committee issued this 36-page memo evidencing developments into their investigation into President Biden’s “role in his family members’ and business associates’ foreign and domestic business practices.”
The memo is the result of a review of thousands of pages of bank records obtained via subpoena. It divulged a complicated web of over 20 shell companies created by Biden’s family and business associates – most formed during Biden’s vice presidency – which enriched them to the tune of tens of millions of dollars. It discovered “evidence indicative of influence peddling and financial deception.”
Here are the highlights (some of which add to previous findings):
“Bank records show the Biden family, their business associates, and their companies received over $10 million from foreign nationals’ companies.” The Committee identified payments to Biden family members while Biden served as vice president.
The Biden family took part in a type of money laundering operation, where foreign companies (some with ties to Chinese intelligence) would millions of dollars to the companies of Biden business associates. Those businesses, which acted as a Biden family intermediary, would then pay the Biden family incrementally.
Those payments to the Biden family, which in fact originated from foreign nationals/corporations, were structed in a way to “conceal the source of the funds and reduce the conspicuousness of the total amounts made into the Biden bank accounts.”
While it’s no secret that the Biden family, and especially Hunter, enriched themselves through Joe Biden, the House Oversight memo does an excellent job of laying out much that we didn’t yet know.
Read the rest here.
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