Biden Business Garnered $20M+ from Russia, Ukraine, and Kazakhstan During Joe Biden’s VP Term!

whitehouse with money falling

In a recent revelation that has sent shockwaves through the political landscape, the Biden family business allegedly received over $20 million from various foreign sources, including Russia, Ukraine, and Kazakhstan, while Joe Biden served as vice president in the Obama administration. The explosive findings were brought to light by House Oversight Committee Chair James Comer (R-KY), as originally reported by Breitbart.

This development comes on the heels of the committee’s previous disclosures, where bank records indicated that the Biden family business received a minimum of $10 million through business endeavors in Romania and China. Astonishingly, this financial trail implicated nine members of the Biden family, including Joe Biden’s own grandchildren.

Back in June, Comer had predicted that the committee’s investigations would ultimately expose the Biden family’s acceptance of foreign funds, potentially totaling up to $30 million, from their business engagements abroad. The third tranche of evidence was unveiled recently after the committee subpoenaed six major banks, resulting in thousands of records being brought to light. These records were meticulously tailored to individuals and companies that had engaged in business activities with Biden family members and their associates.

Remarkably, the committee has yet to issue subpoenas to any Biden family members directly. However, Comer didn’t hold back when he said, “During Joe Biden’s vice presidency, Hunter Biden sold him as ‘the brand’ to reap millions from oligarchs in Kazakhstan, Russia, and Ukraine.” He went on to imply that these payments were made for access to the Biden network, with no concrete services provided in return.

Citing a personal relationship between Joe Biden and the family’s business associates, Comer alleged, “This is made clear by meals at Café Milano where then-Vice President Joe Biden dined with oligarchs from around the world who had sent money to his son.” This suggests a close connection between Joe Biden and the business dealings that occurred during his tenure as vice president.

Specific details from the revealed bank records paint a vivid picture of these alleged financial dealings:

  1. Hunter Biden and Devon Archer’s Utilization of Rosemont Seneca Entities: The records suggest that Hunter Biden and Devon Archer funneled funds through Rosemont Seneca entities to obscure the origin and magnitude of the payments. This strategy aimed to mask the true source of the payments.
  2. Russian Oligarch’s $3.5 Million Transfer: An eye-opening transaction in February 2014 revealed that Russian oligarch Yelena Baturina had transferred $3.5 million to Rosemont Seneca Thornton, a shell company. This transaction was further dissected to unveil its subsequent distribution to Devon Archer and the formation of a new company account named Rosemont Seneca Bohai, utilized by both Archer and Hunter Biden.
  3. Ukrainian Oligarch’s Board Placement and Payments: A significant turn of events in the spring of 2014 involved a Ukrainian oligarch placing Archer and Biden on the board of directors of Burisma Holdings, a move that came with a payment promise of $1 million annually for each of them. The payments were routed through Rosemont Seneca Bohai, deposited in incremental amounts into Hunter Biden’s different bank accounts.
  4. Kazakhstani Oligarch’s Connection: The records indicate that a Kazakhstani oligarch, Kenes Rakishev, wired an amount equivalent to the price of a sportscar to Rosemont Seneca Bohai. This transaction was closely followed by a payment for the exact sum, made to acquire a sportscar for Hunter Biden. Subsequent arrangements involving Burisma executives and a Chinese state-owned company hinted at more intricate business maneuvers.

Comer asserted that these financial dealings raised suspicions at several banks, prompting them to issue Suspicious Activity Reports (SARs) to the treasury for further review. These reports often contain potential evidence of criminal activities such as money laundering and fraud. Comer further alleged that the Biden family may have established over 20 shell companies in an attempt to conceal payments and launder money, a strategy he likened to racketeering.

As the public digests this explosive revelation, questions surrounding the ethics and legality of the Biden family’s foreign business ventures have gained momentum. The House Oversight Committee’s ongoing investigations will undoubtedly play a crucial role in shaping the narrative and understanding the extent of these alleged financial activities.

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