WhatsNew2Day
Latest News And Breaking Headlines

Joe Biden’s BROTHER James is dragged into Chinese payments scandal

President Joe Biden’s brother James has been officially swept up in the family’s Chinese payments scandal thanks to newly obtained banking records as it has also been revealed that more than 150 transactions he and first son Hunter Biden made were deemed ‘concerned’ by US regulators. marked .

The bank details, obtained by CBS Newsshow that James Biden’s company, the Lion Hall Group, received payments from a China-funded advisory group in 2018 before his brother, Joe Biden, announced his candidacy for president.

That year, CBS News reports, both James and Hunter received monthly commissions from the consulting firm totaling $100,000 to $165,000 for the first son and $65,000 for James.

The documents were obtained by Senator Chuck Grassley, the leading Republican on the Judiciary Committee, who spent three years digging into James and Hunter’s business dealings, which he called “deeply concerning.”

He said his team obtained the data directly from the bank where the consultancy did business.

“We have people called Biden, who deal with Chinese businessmen who have a relationship with the Communist Party,” Grassley told CBS.

“I think James Biden was very much a part of this.”

Joe Bidens BROTHER James is dragged into Chinese payments scandal

James, President Joe Biden’s brother, has been officially caught up in the Chinese payments scandal after recently released documents revealed that he received $65,000 from a Chinese consultancy. He and the President are pictured in 2008

First son Hunter Biden, right, also received between $100,000 and $165,000 from the company.  The father and son duo are pictured in 2010

First son Hunter Biden, right, also received between $100,000 and $165,000 from the company. The father and son duo are pictured in 2010

The documents were obtained by Senator Chuck Grassley, the leading Republican on the Judiciary Committee who has been investigating the Biden's financial dealings for the past three years.  He was pictured last month revealing receipts claiming Hunter had business dealings with the Chinese company

The documents were obtained by Senator Chuck Grassley, the leading Republican on the Judiciary Committee who has been investigating the Biden’s financial dealings for the past three years. He was pictured last month revealing receipts claiming Hunter had business dealings with the Chinese company

Republicans in the Senate have been investigating Hunter and James’ business dealings for years, with Grassley co-writing a report with Senator Ron Johnson in 2020 and publishing bank documents obtained by his committee showing the Chinese sent millions of dollars to Hunter and James. .

The documents published at the time alleged that Hunter, James and James’ wife, Sara, had entered into a line of credit with a Chinese businessman to purchase more than $100,000 worth of airfare, hotels and restaurants.

Republican investigators’ newly released records show what appears to be the 2017 filing for that $99,000 line of credit signed by Hunter Biden and the Chinese executive, CBS reports.

“These records that we have are the first records ever made public on this matter,” Grassley claimed. “No one else has them.”

Also on Wednesday, CBS learned that more than 150 financial transactions involving Hunter or James’ global business affairs had been identified by US banks as worrisome for further investigation.

Some include large wire transfers, which could indicate deeper problems, or be harmless.

The documents came directly from the bank where the Chinese consultancy did business, Grassley said

The documents came directly from the bank where the Chinese consultancy did business, Grassley said

The astonishing news comes a full two years after it was first revealed that files on Hunter’s personal computer documented apparently shady business dealings between him and foreign officials.

Some documents from his computer, now verified by the New York Times and the Washington Post, showed that the Chinese government-affiliated oil company CEFC transferred a total of $5 million to the Biden family, with Hunter himself receiving a whopping $1 million. in 2017 to represent his business partner.

An astonishing e-mail indicates that the president may have been involved in Hunter’s business dealings with the Chinese.

In September 2017, Hunter planned to open a new office for his multi-million dollar joint venture with CEFC at the House of Sweden, a building in Georgetown that houses the Swedish embassy.

He wrote to a building manager: ‘Make sure the keys are made available to new office mates: Joe Biden, Jill Biden, Jim Biden, Gongwen Dong (Chairman Ye CEFC Envoy).

‘I would like to display the office sign [sic] reflect the following: The Biden Foundation, Hudson West (CEFC USA).’

‘We are very excited and honored to welcome your new colleagues!’ replied the manager.

And other files reportedly show that in 2017 the president wrote a letter of recommendation from the university for the son of Hunter Biden’s Chinese business partner.

The letter for the son of Jonathan Li, CEO of Chinese investment firm BHR, was sent directly to the president of Brown University via FedEx, according to a series of emails that have recently resurfaced.

Jack Maxey, who gave DailyMail.com and other outlets a copy of Hunter’s abandoned laptop hard drive in the spring of 2021, also claims he and his colleagues found “450 gigabytes of deleted material,” including 80,000 images and videos and over 120,000 archived emails.

He said he plans to put them all online in a searchable database in the coming weeks.

Republicans in the Senate have been investigating Hunter Biden's business dealings since 2020, when files on Hunter's PC documented apparently shady business dealings between him and foreign officials

Republicans in the Senate have been investigating Hunter Biden’s business dealings since 2020, when files on Hunter’s PC documented apparently shady business dealings between him and foreign officials

President Biden denies having had long conversations with Hunter about his business dealings

President Biden denies having had long conversations with Hunter about his business dealings

Meanwhile, James’ name first surfaced in the ongoing investigation last year into a separate international business venture, which he left after a White House ethics review pointed out potential conflicts of interest.

Relatives of the president are required by law to notify the White House attorney’s office of business arrangements, which are then reviewed for conflicts of interest — or even the appearance of a potential conflict of interest.

The office then advises family members about its findings and they make decisions about how to proceed.

It’s unclear which of the business ventures James, 72, had to give up, but he has reportedly held insurance and advisory positions.

However, the president denies having had any conversations with Hunter about his business dealings, and speaking to ABC News on Sunday, the White House chief of staff emphasized that the Biden family’s business dealings are private and that the president is not involved.

But Robert Weissman, chairman of advocacy group Public Citizen, told CBS News that Hunter and James’ business contacts with Chinese officials are worrisome.

“I don’t think Hunter and James Biden should have entered into those relationships, period,” he said. “To the extent that that happened while Joe Biden was the vice president, there is a concern that they hope to get something directly from the Obama administration.”

And even after Joe Biden left his position as vice president, Weissman said, there should still have been concerns about the potential to “invest in these family members to reap future benefits in the possibility that Joe Biden would later become president.” .

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More