House Oversight Chairman James Comer on Monday released subpoenaed bank records that Joe Biden was receiving monthly payments through a company owned by Hunter Biden. The company, Owasco PC, received money from China and other shady countries, but there is no evidence that they actually did any work, but every month they would send Joe Biden a check. Hunter Biden is currently under federal investigation for using Owasco PC for tax evasion and other crimes.
Joe Biden has consistently insisted that he never had anything to do with Hunter’s business deals and that he never took a dime from China. Maybe not directly6 but we know he received money from brother Jim and his son Hunter. Joe Biden challenged the press earlier in the year when he asked them “Where’s the money?” It now looks like Rep James Comer can do just that. It will be interesting to see how the Democrats and the lapdog media spins this.
FLASHBACK TO JUNE: "Where's the money?"
Today, we learned Biden received $200K from his brother — a business partner of Hunter — directly into his personal bank account.
— RNC Research (@RNCResearch) October 20, 2023
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Chairman Comer said:
“Payments from Hunter’s business entity are now a part of a pattern revealing Joe Biden knew about, participated in, and benefitted from his family’s influence-peddling schemes.”
🚨 BREAKING 🚨
Hunter Biden’s business entity, Owasco P.C., made DIRECT monthly payments to Joe Biden.
@RepJamesComer explains 👇 pic.twitter.com/7bXyGYmWVZ— Oversight Committee (@GOPoversight) December 4, 2023
In one instance, Hunter and Joe Biden threatened a Chinese business associate – pay up or else!
“I am sitting here with my father and we would like to understand why the commitment made has not been fulfilled. Tell the director that I would like to resolve this now before it gets out of hand, and now means tonight. And, Z, if I get a call or text from anyone involved in this other than you, Zhang, or the chairman, I will make certain that between the man sitting next to me and every person he knows and my ability to forever hold a grudge that you will regret not following my directions. I am sitting here waiting for the call with my father.”
Shortly thereafter Hunter received five million dollars from China.
On August 8, 2017, $5 million was wired from a CEFC-affiliated investment vehicle (Northern International) to the bank account for Hudson West III, which spent the next year transferring $4,790,375 million directly to Hunter Biden’s firm, Owasco.
A money laundering investigator in 2018 said no obvious services were rendered related to the millions of dollars being funneled to investment vehicles connected to Hunter Biden.
“Since the initial funding of $5,000,000.00 from Northern International Capital Holdings (HK) Limited on 08/08/17 as a business loan, it was noted that there was no loan agreement document submitted,” the bank investigator wrote. “These payments were indicated as management fees and reimbursements.”
“We find it unusual that approximately 58% of the funds were transferred to the law firm in a few months and the frequency of payments appear erratic,” the investigator wrote. “It was also previously indicated that HUDSON WEST III LLC does not currently have any investment projects at this time, which raises further concerns as millions in fees are being paid but does not appear to have any services rendered by Owasco PC.”
Evidence of Joe Biden’s international money laundering and influence-peddling operation keeps piling up yet House Republicans have yet to hold a formal impeachment vote.
Last month House Oversight Chairman Jim Comer identified how Joe Biden received $40,000 in laundered China money.
Joe Biden purchased his luxury $2.75 million Rehoboth Beach, Delaware home with all cash after Hunter Biden threatened his Chinese business partner in a $5 million shakedown.
