Biden family got $10M from China & foreign sources in bank records.
House Committee on Oversight and Accountability Chairman James Comer (R-Ky.) has made public a trove of banking and other records that reveal a complex money laundering scheme involving millions of dollars from foreign entities that investigators contend went to President Joe Biden and nearly a dozen members of his family. The findings, summarized in a 36-page memorandum, describe how investigators examined thousands of bank records and legal documents depicting nearly two dozen limited liability corporations (LLCs) established by Biden family members to receive payments from private clients, corporations, and foreign governments, including China and Romania. The memorandum reads, “Despite creating many companies after Vice President Biden took office, the Biden family used business associates’ companies to receive millions of dollars from foreign companies. After foreign companies sent money to business associates’ companies, the Biden family received incremental payments over time to different bank accounts.” The scheme’s only product was selling access to the senior Biden during his vice presidential tenure and thereafter. The committee has uncovered evidence indicative of influence peddling and financial deception warranting further investigation and legislative solutions.
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