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House Oversight Reveals Biden family Received Millions From Foreign Nationals While Attempting to Conceal Source

Biden Family Created Countless LLCs to Hide and Receive the Money Through

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The House Oversight and Accountability Committee has released a memo that sheds light on the Biden family’s shady business dealings. Committee Chairman James Comer, R-Ky., has revealed that the Biden family and its business associates created more than 20 companies and received over $10 million from foreign nationals while Joe Biden served as vice president. The committee has subpoenaed four different banks and received “thousands of records in response,” revealing that some of these payments could indicate attempts by the Biden family to “peddle influence.”

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Records reveal that Hunter Biden and his business associates formed at least 15 companies after assuming the vice presidency in 2009, including Lion Hall Group LLC, Owasco P.C., and Skaneateles, LLC. Bank records show that the Biden family, their business associates, and their companies received over $10 million from foreign nationals’ companies while Joe Biden served as Vice President and after he left public office.

The committee has discovered that the Biden family used business associates’ companies to receive millions of dollars from foreign companies, receiving incremental payments over time to different bank accounts. The committee is investigating the opaque corporate structure of particular Biden-affiliated companies, those companies’ complicated connections with each other, whether these companies maintained books and records, and why certain foreign nationals sought to partner with and engage in businesses with specific Biden family members and their companies.

The committee has found signs that the Biden family may have collected money from foreign nationals trying to influence U.S. policy. For example, the committee said it discovered that Hunter Biden, through his associate Rob Walker, received more than $1 million from a foreign company reportedly controlled by Gabriel Popoviciu, the subject of a criminal probe and prosecution for corruption in Romania. Then-Vice President Biden met with Romanian leaders in 2014 and 2015 “regarding corruption in the country.”

The committee is concerned about the Biden family’s pattern of courting business in regions of the world in which the then Vice President had an outsize role and influenced U.S. policy. The Biden family and associates’ activities in Romania bear clear indica of a scheme to peddle influence from 2015-2017. The memo warns that particular Chinese business ventures posed “potential threats to American national security,” and that the Bidens received millions of dollars from their Chinese partnership.

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The committee will continue to gather additional bank records and follow the money trail. It is time for the American people to know the truth about the Biden family’s corrupt business dealings and influence peddling.

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