The House Oversight and Accountability Committee has uncovered evidence of a $10 million foreign bribery scheme in the Biden family, releasing new financial records from the investigation into the Biden family’s “influence peddling and financial deception.”

The committee is alleging that the Biden family and its business associates created over 20 companies and received $10 million from foreign nationals while Biden served as Vice President. According to the committee, these payments could indicate attempts by the Biden family to “peddle influence.”

The House Oversight Committee, led by Rep. James Comer (R-Ky), also revealed that the Biden family received over $1 million from a corrupt Romanian businessman while then-Vice President Joe Biden was promising to clean up corruption in Romania.

In a 36-page memo released by Comer ahead of his press conference on Wednesday, he alleges that the Biden family took steps to “conceal the source and total amount received from the foreign companies.”

The memo also addressed the “web of over 20 companies,” most of which were limited liability companies, that the Biden family and business associates allegedly set up during Biden’s vice presidency.

“After assuming the vice presidency in 2009, records reveal Hunter Biden and his business associates formed at least 15 companies,” the memo said. “Bank records show the Biden family, their business associates, and their companies received over $10 million from foreign nationals’ companies.”

“[T]he Biden family used business associates’ companies to receive millions of dollars from foreign companies,” the memo continued, adding that the Biden family “received incremental payments over time to different bank accounts.”

“In some instances, Biden associates would receive significant deposits from foreign sources into their bank accounts and then transfer smaller, incremental payments to Biden bank accounts,” the memo detailed. “These complicated and seemingly unnecessary financial transactions appear to be a concerted effort to conceal the source and total amount received from the foreign companies.”

The committee reported that it is investigating “the opaque corporate structure of particular Biden-affiliated companies, those companies’ complicated connections with each other, whether these companies maintained books and records, and why certain foreign nationals sought to partner with and engage in businesses with specific Biden family members and their companies.”

During a press conference on Wednesday, Comer addressed the committee’s recent findings and concerns.

“The bank records show the Biden family, their associates, and their companies received over $10 million from foreign nationals and their companies,” said Comer.

“Chinese nationals affiliated with the Bidens created limited liability companies in the United States, and then in a short period of time transferred their interest to a Chinese company that sent money to the Bidens. This is not normal.”

“It is inconceivable that the president did not know it, and the White House refuses to correct the President’s statement… the president is now using the federal government to run interference for his family and his own role in these schemes,” said Comer.

Comer also revealed the nine Biden family members that were involved in the foreign bribery scheme: “Joe Biden’s son (Hunter Biden), Joe Biden’s brother (James Biden), Joe Biden’s brother’s wife, Hunter Biden’s girlfriend or Beau Biden’s widow (Hallie Biden)… Joe Biden’s ex-wife (Neilia Hunter Biden) and Joe Biden’s current wife (Jill Biden), and three children of the President’s son and the President’s brother.”

 

 

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