Where The Money Trail Goes

[Kathianne]

I don't know that they'll get him, but the investigation is going to get attention on a doddering, disliked president:

https://hotair.com/jazz-shaw/2023/11...lagged-n595703

magine That: 'Unusual' Chinese Payment to Biden FlaggedJAZZ SHAW 9:21 AM on November 30, 2023



The talking heads at the alphabet networks now have yet another inconvenient bit of data to either ignore or try to explain away as “not a smoking gun” in the ongoing saga of Biden Inc. I previously wrote about a shady $40,000 check that the President received from his brother Jim and his wife for our VIP subscribers and nothing about that transaction looked remotely normal. It turns out that I wasn’t the only one who had questions. A money-laundering investigator who worked for one of the banks handling the series of massive cash transfers leading to that “loan repayment” to The Big Guy quickly sent an email to his colleagues raising concerns over the strange series of transfers totaling at least five million dollars to various entities created by Hunter Biden and his business partners. He described them as “unusual” and “erratic” payments. But the investigation was apparently dropped later for some reason. (National Review)


A bank money-laundering investigator expressed serious concerns about a transfer of funds from China that ultimately trickled down to President Biden in the form of a $40,000 check from his brother, James Biden, according to an email obtained by the House Oversight Committee.


Biden received a $40,000 personal check from an account shared by his brother, James Biden, and sister-in-law, Sara Biden, in September 2017 — money that was marked as a “loan repayment.” The alleged repayment was sent after funds were filtered from Northern International Capital, a Chinese company affiliated with the Chinese energy firm CEFC, through several accounts related to Hunter Biden and eventually down to the personal account shared by James and Sara Biden.


Northern International Capital sent $5 million to Hudson West III, a joint venture established by Hunter Biden and CEFC associate Gongwen Dong on August 8.


The Chinese entity that sent all of the cash was CEFC, an energy firm, and the money was funneled through Northern International Capital. The original payment to a shell company set up by Hunter Biden’s associates was for five million dollars. The money bounced around through a number of accounts, with $400,000 of it winding up in Jim Biden’s coffers, including a payment of $150,000 to his Lion Hall Group. $50,000 of that was then transferred to Jim Biden’s personal account before his wife sent a check for $40,000 (ten percent for The Big Guy) to Joe Biden, with the words “loan repayment” scrawled in the memo line.


The money-laundering investigator found all of these transfers to be “unusual” to say the least. And why wouldn’t he? The original payment to Hudson West III (set up by Hunter Biden and a Chinese “business associate”) was listed as being for “management fees and reimbursements.” Yet there are virtually no records of Hudson West III ever actually doing anything to merit such payments. And if there were “reimbursements,” there should have been some sort of record of expenses that were being reimbursed.


Once the five million landed at Hudson West III, it was carved up into various chunks that were funneled through other accounts. If an energy firm owes a person or company money for services rendered, wouldn’t they simply pay that debt directly? Why would the cash have to go through a series of flips and spins worthy of Simone Biles before finally winding up in the checking account of the brother of a former Vice President and soon-to-be President? Let’s not forget that Jim Biden was engaged in plenty of other shady deals.


And what about this “loan repayment” business? The President and his brother have both refused to comment on any of this. But if there was a loan of $40,000 dollars made by Joe Biden to his brother, there should be some sort of bank record of that transfer. Loaning a family member money is not a crime, so all the Bidens would need to do is produce the record of the original loan and the story would go away. Yet they can’t seem to do that.


Surely the Bidens and Joe’s handlers know how bad all of this looks and the potential political peril it could portend. If this was all totally innocent, they could clear it up in a single document release. But that would destroy years of Joe Biden’s endless claims that he kept “a wall” between himself and his family’s business dealings. Also, who sets up dozens of shell companies with no apparent function other than to transfer money back and forth? I’ve never set up an LLC, have you? Certainly, there are legitimate reasons for corporations to use LLCs, but those reasons are typically obvious. This network appears to have only existed to engage in money laundering, plain and simple. And the worst part of all of this is that the Bidens may yet get away with all of it, winning the lottery in what is looking more and more like the worst story of political corruption in the nation’s history.

[Kathianne]

Cha ching!

https://redstate.com/nick-arama/2023...china-n2166996

Catherine Herridge Posts Fascinating Bank Record Exposing Biden Biz Dealings, Troubling Threat From ChinaBy Nick Arama | 8:40 AM on November 30, 2023The opinions expressed by contributors are their own and do not necessarily represent the views of RedState.com.



AP Photo/Patrick Semansky
CBS' Catherine Herridge broke down a fascinating Biden bank record that the House Oversight Committee posted on Wednesday.


The bank record was a 2018 email purportedly written by a money laundering investigator who was raising questions about money flowing into accounts connected to Hunter Biden.


Advertisement


The email termed the entity "high risk." It noted that $5 million from the Northern International Capital Holdings (HK) funded 16 wires connected to Owasco PC, Hunter Biden's law firm. The payments were indicated as "management fees and reimbursements." It says that they found it unusual that 58 percent of the funds went to the law firm in the course of just a few months. "Payments appear erratic" and this despite the fact Hudson West III LLC didn't appear to have any current investment projects. So there was no current apparent business purpose. There also were no services rendered by the law firm, the email said.


The email also noted there was negative news about extravagant spending by the "beneficial owner of Owasco PC," Hunter Biden including "drugs, strip clubs, prostitutes, etc." that could leave his family in a financial hole.


Perhaps one of the most interesting things in the email highlighted news about a threat from China, "China targeting the children of politicians and purchase of political influence through sweetheart deals."


Advertisement
Specifically Hunter Biden's $1.5 billion deal with the Chinese-State to establish a private equity firm, in which they manage the funds over time and make huge fees. The management company's purpose is to invest in companies that benefit Chinese government. Thus, the activity of the account appears unusual with no current business purpose...


The email concluded that it might require a "re-evaluation" of the "relationship with the customer."


The Democrats were desperate to jump to Hunter's defense, trying to point to other emails to claim that this was "reasonable."


But as the GOP pointed out there was a problem with this defense.




There are thousands of pages of suspicious activity reports at Treasury from several banks that raise the same concerns as this bank’s money laundering investigator. This isn’t a one off incident. The Democrats know that, and it’s embarrassing they continue to defend this corrupt President with no intellectual honesty. In the emails Democrats reference, one says the activities are consistent with lobbying. Hunter Biden was not a registered lobbyist. The other is a summary of a Biden family associate’s defense of their corrupt schemes.


Advertisement
But if they want to go with what they produced — that this activity is consistent with lobbying — was Hunter Biden a registered lobbyist? Oh, that's right he wasn't. Are Democrats suggesting Hunter committed a FARA violation here?


Not exactly the greatest defense there.


Notice the Democrats in that post also didn't address the concerning threat of "China targeting kids of politicians" and seeking to influence things for the benefit of the Chinese government. That question is at the crux of this case and if it involves more "kids of politicians" or others, it's vital that we know that.


It looks like the GOP is going to have some very interesting questions to ask Hunter when he shows up on Dec. 13 to testify under subpoena. That is, if he shows up. As George Washington Law professor Jonathan Turley explained, he could face grave consequences if he does not or if he does, but doesn't tell the truth.

[Gunny]

Seems more than enough circumstantial evidence to reach a conclusion. What I don't see and have kept waiting for is that "A-HA! Gotcha" That ties it all together and puts dirt on Joe's hands.

I think the whole family is corrupt and guilty as sin. Question is, what can and will fly in a court of law?

[Kathianne]

At work:

https://www.foxnews.com/politics/hou...ry-sources-say