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America August 13, 2023 5 mins read

The Biden Family’s $20 Million Question: Foreign Payouts and Presidential Connections

America ı By Jackie Allen

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foreign payouts to bidens

A cascade of information is being made public that President Joe Biden, 80, and his family have received foreign payouts. These financial transactions suggest that the Biden family and close allies reaped a staggering $20 million from foreign sources in countries, such as Russia, Kazakhstan, Ukraine, and China.

The revelations have the potential to reshape the political landscape and severely impact the reputation of the Biden family.

Last week House Speaker Kevin McCarthy (R-California) called on President Biden to “give us his bank statements.”  

“I think there’s enough proof out there that this Biden family needs to come forward and show there wasn’t a pay-to-play,” McCarthy said.

On Friday, Attorney General Merrick Garland named Delaware US Attorney David Weiss as special counsel in the investigation into Hunter Biden’s business dealings. And the Republican-led House of Representatives is considering potential impeachment proceedings against President Joe Biden.

Devon Archer in the Hunter Biden scandals Investigation:  Possible intimidation from DOJ letter – USA Herald

An abandoned laptop

 Hunter Biden left his laptop in a Delaware computer repair shop. And the FBI has had it since 2019. It had already been authenticated when more than 50 former US intelligence officials said emails on the laptop showed signs of a Russian disinformation operation. They released the letter shortly before the 2020 election. 

Emails dating back to 2010 show discussions between Hunter Biden and his business partner, Eric Schwerin, about the possibility of monetizing Joe Biden's name and influence after his vice-presidential term ended.

The correspondence indicates efforts to capitalize on the "Biden brand" and its potential earnings. This revelation underscores the alleged exploitation of Joe Biden's political stature for financial gain.

According to several FBI and IRS whistleblowers, the laptop was suppressed. FBI investigations into Hunter Biden ignored the emails and documents found on the hard drive. And not real investigations at all.

Foreign payouts tied to Biden Family

Emails recovered from the laptop point to Hunter Biden sharing a significant portion of his income with his father for years.

Statements such as "I hope you all can do what I did and pay for everything for this entire family for 30 years" and references to Hunter giving "Pop" (Joe Biden) a substantial cut of his earnings have raised questions about Joe Biden's financial involvement. Despite no direct payments to Joe Biden by foreign nationals there is a myriad of financial interconnection between the father and son.

“Joe Biden has been a public official for five decades yet has lived lavishly,” House Committee on Oversight and Accountability Chairman James Comer (R-Ky.) said.

“As Hunter Biden was sealing deals with Russian, Kazakhstani, and Ukrainian oligarchs, then-Vice President Biden dined with them in DC. This reeks of corruption.”

According to the New York Post investigators have identified five foreign cash flows through Hunter Biden’s network of more than 20 shell companies. His foreign clients dumped more than $20 million into at least nine Biden family members through the shell companies.  

The details include:

“$8.1 million from China’s CCP-linked State Energy HK and CEFC China Energy in 2017

$6.5 million from Ukraine’s Burisma Holdings from 2014 to 2019

$3.5 million from Russian oligarch Yelena Baturina, the former first lady of Moscow, in 2014

$3.1 million from Romanian oligarch Gabriel Popoviciu from 2015 to 2017

$142,300 from Kazakhstan’s Kenes Rakishev in 2014 – transferred by Hunter a day later to a New Jersey car dealership for the purchase of a luxury sports car," Comer emphasized that the investigation is ongoing.

Notably, these payouts occurred while Joe Biden served as vice president, raising concerns about the ethics and legality of such financial transactions.

Investigators have revealed that at least nine Biden family members received substantial sums without apparent business reasons, leading to suspicions of corruption.

Hunter’s Business Paid Joe Biden’s Bills

By 2010, emails on the laptop emails show, Hunter was routinely paying then-Vice President Biden’s household expenses. Hunter’s longtime business partner Eric Schwerin, president of Hunter’s Chinese-linked investment firm Rosemont Seneca Partners, paid the bills.

Joe Biden's Delaware mansion’s repair and upkeep bills were paid from his Hunter’s accounts. And managed bills for both Hunter and Joe Biden — and is now cooperating with congressional investigators.

In one email from 2016, Hunter claimed his father “has been using most lines” of a Wells Fargo credit. And that “through the gracious offerings of Eric I have paid for the past 11 years.”

“They go out to lunch in DC, Hunter picks up the tab,” the former Biden associate said. “Is that Joe Biden receiving money from the Chinese Communist Party? In my book it is. But it gives them a level of obfuscation, which is something they have mastered over 50 years.”

Devon Archer, another Hunter Biden friend and partner at Rosemont Seneca was also cooperating. He claimed that Joe Biden was the product or the brand that Seneca was selling to foreign nationals. “Obviously, that brought the most value to the brand,” Archer said. “It was Hunter Biden and him.”

 

 

 

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Jackie Allen

Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.

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