The sheer magnitude of Biden family corruption uncovered by the House Oversight Committee can only be described as breathtaking. It is also deeply alarming. If the fruits of Chairman James Comer’s investigation are exactly what they appear to be, Joe Biden may have jeopardized our nation’s security by selling out America for cold hard cash.
Documents show that over $10 million in foreign money flowed like a river into more than 20 shell companies and LLCs created for the Bidens’ financial benefit, said Comer. Much of it was then surreptitiously shuffled around various accounts before it landed in the hands of nine members of the president’s family. Those companies have no apparent business purpose other than to serve as a receptacle for hiding cash derived from suspected influence peddling schemes overseas.
The incriminating evidence comes from thousands of subpoenaed banking records, wire transfers, and electronic transactions contained in more than 170 suspicious activity reports (SARs) that were flagged by banks and sent to the criminal division at the Treasury Department. The Biden administration refused to cough up those records until the Committee recently forced its hand. There are still more documents to be examined, suggesting that the Biden profiteering could far exceed the millions of dollars already tracked.
In Washington, where corruption and graft are endemic, the Bidens appear to have taken it to dizzying heights. While greed was the likely motive, concealment was the key to success. In just one deal alone more than a million dollars involved 16 different wire transfers ran through five different bank accounts before the funds eventually landed in Biden family hands. This and other transactions were well hidden “in a web of deception and corruption,” noted committee member Rep. Byron Daniels. Cycling through this many companies serves no other purpose but to disguise illicit, if not illegal, payments, he concluded.
It has always been a misconception that these shady deals never occurred while Joe Biden was in office. The committee discovered that a stunning number of wire transfers happened when Biden served as vice president. It is no coincidence that the money sources came from the very countries over which the VP exerted control over foreign policy decisions. What was being bought? More to the point, what were the Bidens’ selling? Access, as well as promises of future influence that would benefit America’s adversaries?
A partial answer may reside in a specific document Comer is seeking from the FBI. A “credible” whistleblower informed the committee that the unclassified record depicts a “criminal scheme” involving then-Vice President Biden and a foreign national in “the exchange of money for policy decisions.”
Biden’s repeated claims of innocence and his efforts at misdirection are belied by the known facts. He maintains that he knew nothing about his son’s nefarious activities. Yet, visitor logs prove that Hunter’s partners and clients visited his father at the White House more than 80 times when he was vice president.
Biden also insists that his family never took money from China. But the committee’s newly revealed records show that roughly $6 million was banked by the Bidens from just one of the copious deals with Beijing operatives who had close ties to the Chinese Communist Party and its intelligence apparatus. Citing the president’s soft China policies, Comer has drawn a nexus to Biden’s questionable handling of COVID, TikTok, the spy balloon, theft of intellectual property and China’s manipulation of U.S. currency. Perhaps this explains his utter indifference and no meaningful action to protect vital American interests.
