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How Treasury Dept. tracked overseas cash pocketed by Hunter Biden

How Treasury Dept. tracked overseas cash pocketed by Hunter Biden

By Rowan Scarborough - The Washington Times - Sunday, October 4, 2020

Democratic presidential nominee Joseph R. Biden flatly denied at Tuesday night’s debate that his lawyer son took huge sums of money from corrupt oligarchs and Chinese communists during his vice presidency, but Treasury Department reports show that Hunter Biden did receive the money.

President Trump chose to make an issue of Hunter Biden’s cash haul from Russia, Ukraine and China with the implication that unsavory figures were trying to buy Vice President Biden and the Obama administration.

“When somebody gets 3½ million dollars from the mayor of Moscow,” Mr. Trump said.

“That’s is not true. That report is totally false,” Mr. Biden said.

Senate Republican report by the Homeland Security and Governmental Affairs Committee says Mr. Trump is right, though it was not Moscow’s mayor, but his wife, whom the U.S. suspects of corruption in attaining billionaire status.

Hunter Biden received a single wire transfer of $3.5 million from Elena Baturina. The Senate report said she became a billionaire through illegal construction contracts awarded by her husband, since deceased.

This is based on Treasury Department reports received by committee Chairman Ron Johnson, Wisconsin Republican, and Senate Finance Committee Chairman Charles E. Grassley, Iowa Republican.

The Senate narrative is not specific, but the types of transaction records match the description of confidential suspicious activity reports that the Treasury issues when it suspects illegal activity.

The Senate report says, “On Feb. 14, 2014, Baturina wired $3.5 million to a Rosemont Seneca Thornton LLC (Rosemont Seneca Thornton) bank account for a ‘Consultancy Agreement.’ Rosemont Seneca Thornton is an investment firm co-founded by Hunter Biden that was incorporated on May 28, 2013 in Wilmington, Del.”

Russia invaded Crimea in Ukraine the month Ms. Baturina sent the money.

“Why did he get it?” Mr. Trump asked.

“That report was written for political reasons,” Mr. Biden said.

Mr. Trump asserted, “Once you became vice president, he made a fortune in Ukraine, in China, in Moscow and various other places.”

Mr. Biden responded, “That is not true.”

According to the senators’ Treasury records, it is true.

In April 2014, President Obama made Mr. Biden the point man in Ukraine, after the Russian invasion, to persuade leaders to rid the country of rampant corruption.

The next month, Hunter Biden showed up on the board of directors of the energy company Burisma Holdings, which the State Department considers corrupt, as it does its oligarch owner, Mykola Zlochevsky. Hunter Biden’s business partner, Devon Archer, already had secured a spot.

Over the years, Burisma paid the two more than $4 million. Treasury records show that 48 wire transfers from May 2014 to February 2016 totaled $3.4 million. The money went to Rosemont Seneca Bohai, a shell company run by Mr. Archer in partnership with a Chinese investment fund.

In 2014 and 2015, Burisma sent $700,000 directly to Hunter Biden. After Mr. Archer was arrested on fraud charges, Burisma sent Hunter Biden another $752,000.

On China, Vice President Biden promoted closer ties to the communist regime on many fronts. He traveled to China in 2013 on Air Force Two and took along Hunter, who met with Chinese businessmen.

China ate your lunch, Joe,” Mr. Trump said Tuesday night. “And no wonder your son goes in and he takes out billions of dollars. He takes out billions of dollars to manage. He makes millions of dollars.”

Mr. Biden said, “None of that is true.”

The Bidens have adamantly denied reports that Hunter Biden’s investment firm received a $1 billion infusion.

But the Senate report documents extensive ties between Hunter Biden and various Chinese entities that produced millions of dollars in wire transfers.

In one example, China’s CEFC Infrastructure Investment wired $5 million to HudsonWest LLC, a New York company jointly owned by Hunter Biden and Chinese interests. HudsonWest then sent $4.7 million to Hunter Biden’s law firm. The next year, another $1 million was delivered.

Hunter Biden sent 20 wire transfers totaling $1.3 million to Vice President Biden’s brother James for consulting services. Treasury flagged the transfers as potentially criminal, the Senate report said.

When the bank contacted James Biden’s wife, Sara, to learn details, she refused to cooperate, the Senate report said.

“Hunter Biden has extensive connections to Chinese businesses and Chinese foreign nationals that are linked to the Communist government,” the Senate report said. “Those contacts bore financial fruit when his father was vice president and after he left office.”

The Senate report also said Hunter Biden sent money to Ukrainian and Russian women. The Treasury reports said the transactions are linked to “what appears to be an Eastern European prostitution or human trafficking ring.”

Mr. Johnson, the Senate homeland security panel chairman, wrote in a FoxNews.com column Tuesday that liberal news media have ignored his report showing disturbing ties between the Biden family and corrupt people.

The Republican Senate report summarized its Hunter Biden findings based on Treasury reports:

“The Treasury records acquired by the Chairmen show potential criminal activity relating to transactions among and between Hunter Biden, his family, and his associates with Ukrainian, Russian, Kazakh and Chinese nationals. In particular, these documents show that Hunter Biden received millions of dollars from foreign sources as a result of business relationships that he built during the period when his father was vice president of the United States and after.”

The report added:

“In addition to providing new and descriptive details about the nature, origin and extent of payments from Burisma Holdings to Hunter Biden, the documents acquired by the Committees also shed light on a much broader array of questionable financial transactions involving Hunter Biden, other members of the Biden family, and their associations with foreign nationals. These foreign nationals have questionable backgrounds that have been identified as being consistent with a range of criminal activities, including but not limited to organized prostitution and/or human trafficking, money laundering, fraud, and embezzlement.”

https://www.washingtontimes.com/news/2020/oct/4/how-treasury-dept-tracked-overseas-cash-pocketed-b/?fbclid=IwAR2kADLxMGfRKVHq7AK5-H47565QEG9aPfgTs4Ub8vl_5-cw9CxXzwx90b0

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  • Herr_StarrHerr_Starr PEx Influencer ⭐⭐⭐

    How Treasury Dept. tracked overseas cash pocketed by Hunter Biden

    By Rowan Scarborough - The Washington Times - Sunday, October 4, 2020

    Democratic presidential nominee Joseph R. Biden flatly denied at Tuesday night’s debate that his lawyer son took huge sums of money from corrupt oligarchs and Chinese communists during his vice presidency, but Treasury Department reports show that Hunter Biden did receive the money.

    President Trump chose to make an issue of Hunter Biden’s cash haul from Russia, Ukraine and China with the implication that unsavory figures were trying to buy Vice President Biden and the Obama administration.

    “When somebody gets 3½ million dollars from the mayor of Moscow,” Mr. Trump said.

    “That’s is not true. That report is totally false,” Mr. Biden said.

    Senate Republican report by the Homeland Security and Governmental Affairs Committee says Mr. Trump is right, though it was not Moscow’s mayor, but his wife, whom the U.S. suspects of corruption in attaining billionaire status.

    Hunter Biden received a single wire transfer of $3.5 million from Elena Baturina. The Senate report said she became a billionaire through illegal construction contracts awarded by her husband, since deceased.

    This is based on Treasury Department reports received by committee Chairman Ron Johnson, Wisconsin Republican, and Senate Finance Committee Chairman Charles E. Grassley, Iowa Republican.

    The Senate narrative is not specific, but the types of transaction records match the description of confidential suspicious activity reports that the Treasury issues when it suspects illegal activity.

    The Senate report says, “On Feb. 14, 2014, Baturina wired $3.5 million to a Rosemont Seneca Thornton LLC (Rosemont Seneca Thornton) bank account for a ‘Consultancy Agreement.’ Rosemont Seneca Thornton is an investment firm co-founded by Hunter Biden that was incorporated on May 28, 2013 in Wilmington, Del.”

    Russia invaded Crimea in Ukraine the month Ms. Baturina sent the money.

    “Why did he get it?” Mr. Trump asked.

    “That report was written for political reasons,” Mr. Biden said.

    Mr. Trump asserted, “Once you became vice president, he made a fortune in Ukraine, in China, in Moscow and various other places.”

    Mr. Biden responded, “That is not true.”

    According to the senators’ Treasury records, it is true.

    In April 2014, President Obama made Mr. Biden the point man in Ukraine, after the Russian invasion, to persuade leaders to rid the country of rampant corruption.

    The next month, Hunter Biden showed up on the board of directors of the energy company Burisma Holdings, which the State Department considers corrupt, as it does its oligarch owner, Mykola Zlochevsky. Hunter Biden’s business partner, Devon Archer, already had secured a spot.

    Over the years, Burisma paid the two more than $4 million. Treasury records show that 48 wire transfers from May 2014 to February 2016 totaled $3.4 million. The money went to Rosemont Seneca Bohai, a shell company run by Mr. Archer in partnership with a Chinese investment fund.

    In 2014 and 2015, Burisma sent $700,000 directly to Hunter Biden. After Mr. Archer was arrested on fraud charges, Burisma sent Hunter Biden another $752,000.

    On China, Vice President Biden promoted closer ties to the communist regime on many fronts. He traveled to China in 2013 on Air Force Two and took along Hunter, who met with Chinese businessmen.

    China ate your lunch, Joe,” Mr. Trump said Tuesday night. “And no wonder your son goes in and he takes out billions of dollars. He takes out billions of dollars to manage. He makes millions of dollars.”

    Mr. Biden said, “None of that is true.”

    The Bidens have adamantly denied reports that Hunter Biden’s investment firm received a $1 billion infusion.

    But the Senate report documents extensive ties between Hunter Biden and various Chinese entities that produced millions of dollars in wire transfers.

    In one example, China’s CEFC Infrastructure Investment wired $5 million to HudsonWest LLC, a New York company jointly owned by Hunter Biden and Chinese interests. HudsonWest then sent $4.7 million to Hunter Biden’s law firm. The next year, another $1 million was delivered.

    Hunter Biden sent 20 wire transfers totaling $1.3 million to Vice President Biden’s brother James for consulting services. Treasury flagged the transfers as potentially criminal, the Senate report said.

    When the bank contacted James Biden’s wife, Sara, to learn details, she refused to cooperate, the Senate report said.

    “Hunter Biden has extensive connections to Chinese businesses and Chinese foreign nationals that are linked to the Communist government,” the Senate report said. “Those contacts bore financial fruit when his father was vice president and after he left office.”

    The Senate report also said Hunter Biden sent money to Ukrainian and Russian women. The Treasury reports said the transactions are linked to “what appears to be an Eastern European prostitution or human trafficking ring.”

    Mr. Johnson, the Senate homeland security panel chairman, wrote in a FoxNews.com column Tuesday that liberal news media have ignored his report showing disturbing ties between the Biden family and corrupt people.

    The Republican Senate report summarized its Hunter Biden findings based on Treasury reports:

    “The Treasury records acquired by the Chairmen show potential criminal activity relating to transactions among and between Hunter Biden, his family, and his associates with Ukrainian, Russian, Kazakh and Chinese nationals. In particular, these documents show that Hunter Biden received millions of dollars from foreign sources as a result of business relationships that he built during the period when his father was vice president of the United States and after.”

    The report added:

    “In addition to providing new and descriptive details about the nature, origin and extent of payments from Burisma Holdings to Hunter Biden, the documents acquired by the Committees also shed light on a much broader array of questionable financial transactions involving Hunter Biden, other members of the Biden family, and their associations with foreign nationals. These foreign nationals have questionable backgrounds that have been identified as being consistent with a range of criminal activities, including but not limited to organized prostitution and/or human trafficking, money laundering, fraud, and embezzlement.”

    https://www.washingtontimes.com/news/2020/oct/4/how-treasury-dept-tracked-overseas-cash-pocketed-b/?fbclid=IwAR2kADLxMGfRKVHq7AK5-H47565QEG9aPfgTs4Ub8vl_5-cw9CxXzwx90b0

    Let us know when charges are filed. 

    Still waiting...
  • ArnoldZArnoldZ PEx Influencer ⭐⭐⭐
    Biden's mantra: "That is not true!"
  • Herr_StarrHerr_Starr PEx Influencer ⭐⭐⭐
    edited October 6
    Have, you know, any charges been filed? Like the stuff Donald Trump has been facing for awhile now...Or that Eric Trump was forced to be deposed for in New York recently.  



    We all know Trumptards love gossip, but remember, accusations without proof are just slander.   ;)
  • hellraiser2.hellraiser2. PEx Influencer ⭐⭐⭐

    BOMBSHELL: Homeland Security report accuses Hunter Biden of having ties to 'Eastern European prostitution or human sex trafficking ring'


    The Senate Committee on Homeland Security and Governmental Affairs (HSGAC) and the Committee on Finance has released a world-shattering report that makes a series of incriminating new allegations against Hunter Biden, son of former Vice President and Democrat presidential candidate Joe Biden.

    The Daily Wire reported that the "investigation launched after Finance Committee Chairman Charles Grassley (R-IA) publicly raised conflict-of-interest concerns about the sale of a U.S. company to a Chinese firm with ties to Hunter Biden a month before Congress was notified about a whistleblower complaint that was the catalyst for Democrats’ impeachment of President Donald Trump," adding that "the Senate’s investigation relied on records from the U.S. government, Democrat lobbying groups, and interviews of numerous current and former officials."

    Sen. Ron Johnson (R-WI) took to Twitter Wednesday morning, tweeting: "OUT TODAY: Report with @chuckgrassley found millions of dollars in questionable financial transactions between Hunter Biden & his associates and foreign individuals, including the wife of the former mayor of Moscow."

    The report revealed that "Hunter Biden received a $3.5 million wire transfer from Elena Baturina, the wife of the former mayor of Moscow."

    The report also stated that Hunter Biden made a number of payments to foreign nationals with "questionable backgrounds" consistent with "organized prostitution and/or human trafficking," according to The Federalist.

    The records on file also “confirm that Hunter Biden sent thousands of dollars to individuals who have either: 1) been involved in transactions consistent with possible human trafficking; 2) an association with the adult entertainment industry; or 3) potential association with prostitution.”

    The report continued by detailing alarming transactions that were Russian-and-Ukrainian-linked to what "appears to be an Eastern European prostitution or human trafficking ring."

    In November of 2019, Page Six reported that an Arkansas woman who had successfully sued Hunter Biden for child support was actually a stripper at a club that he frequently visited.

    The outlet went on to say that he was also a regular guest at the Mpire Club in Washington, D.C.'s Dupont Circle, where Lunden Alexis Roberts, the mother of his child, went by the name "Dallas" on stage.


  • Herr_StarrHerr_Starr PEx Influencer ⭐⭐⭐

    BOMBSHELL: Homeland Security report accuses Hunter Biden of having ties to 'Eastern European prostitution or human sex trafficking ring'


    The Senate Committee on Homeland Security and Governmental Affairs (HSGAC) and the Committee on Finance has released a world-shattering report that makes a series of incriminating new allegations against Hunter Biden, son of former Vice President and Democrat presidential candidate Joe Biden.

    The Daily Wire reported that the "investigation launched after Finance Committee Chairman Charles Grassley (R-IA) publicly raised conflict-of-interest concerns about the sale of a U.S. company to a Chinese firm with ties to Hunter Biden a month before Congress was notified about a whistleblower complaint that was the catalyst for Democrats’ impeachment of President Donald Trump," adding that "the Senate’s investigation relied on records from the U.S. government, Democrat lobbying groups, and interviews of numerous current and former officials."

    Sen. Ron Johnson (R-WI) took to Twitter Wednesday morning, tweeting: "OUT TODAY: Report with @chuckgrassley found millions of dollars in questionable financial transactions between Hunter Biden & his associates and foreign individuals, including the wife of the former mayor of Moscow."

    The report revealed that "Hunter Biden received a $3.5 million wire transfer from Elena Baturina, the wife of the former mayor of Moscow."

    The report also stated that Hunter Biden made a number of payments to foreign nationals with "questionable backgrounds" consistent with "organized prostitution and/or human trafficking," according to The Federalist.

    The records on file also “confirm that Hunter Biden sent thousands of dollars to individuals who have either: 1) been involved in transactions consistent with possible human trafficking; 2) an association with the adult entertainment industry; or 3) potential association with prostitution.”

    The report continued by detailing alarming transactions that were Russian-and-Ukrainian-linked to what "appears to be an Eastern European prostitution or human trafficking ring."

    In November of 2019, Page Six reported that an Arkansas woman who had successfully sued Hunter Biden for child support was actually a stripper at a club that he frequently visited.

    The outlet went on to say that he was also a regular guest at the Mpire Club in Washington, D.C.'s Dupont Circle, where Lunden Alexis Roberts, the mother of his child, went by the name "Dallas" on stage.


    They should have no problem charging Hunter Biden then, let us know when they do...I shan't hold my breath. :lol:  
  • Herr_StarrHerr_Starr PEx Influencer ⭐⭐⭐
    edited October 7
    _knorr_ said:
    Still awaiting formal charges, or a subpoena to appear in Court. Do let us know when those are formally issued. :lol:     

  • Herr_StarrHerr_Starr PEx Influencer ⭐⭐⭐
    Any formal charges? An indictment? :rofl: 
  • Herr_StarrHerr_Starr PEx Influencer ⭐⭐⭐
    Waiting for charges...The Burisma sh(i)t was back in 2015, the Senate just wrapped an investigation last month. 

    Any day now! :rofl:       
  • Herr_StarrHerr_Starr PEx Influencer ⭐⭐⭐
    Still waiting for charges to be filed. Until then, this is just a smear. :rofl:  
  • Herr_StarrHerr_Starr PEx Influencer ⭐⭐⭐
    _knorr_ said:

    .                                                                                                                                                 .
    Remember, if there were really any substance to this, Trump would have AG Barr persecute the Biden's in a heartbeat. Instead, we get nothing. This is why we have the courts, so the accused can face his/her accuser. Instead, Trumptards publish unsubstantiated smears. 

    Even the partisan Republican Senate Investigation found: 

    New York Times

    An election-year investigation by Senate Republicans into corruption allegations against Joseph R. Biden Jr. and his son, Hunter, involving Ukraine found no evidence of improper influence or wrongdoing by the former vice president, closing out an inquiry its leaders had hoped would tarnish the Democratic presidential nominee.

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