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January 1, Hunter Biden’s $250K “Loan” Scandal with Chinese Ties Exposed by House Oversight
In a bombshell revelation that adds to the controversy surrounding the Biden family, the House Oversight Committee has disclosed that Hunter Biden’s ties to China ran deep through financial entanglements, including a significant ‘loan’ linked directly to Joe Biden’s address.
Back in August 2019, Hunter Biden’s Chinese associate, Jonathan Li, wired him $250,000 listing Joe Biden’s Delaware home as the beneficiary address. But, as it turns out, the loan was never repaid by the Bidens.
Instead, a Democrat donor and Hollywood attorney, Kevin Morris – known for his legal expertise behind “South Park” and “The Book of Mormon” – took over Hunter Biden’s stake in Chinese enterprise Bohai Harvest RST and shouldered the debt.
🚨 BREAKING 🚨
— Oversight Committee (@GOPoversight) October 30, 2023
In July 2019 (three months after Joe Biden announced he was running for president), Hunter Biden received a $250,000 "loan" from one of his Chinese business associates. This is the wire that used Joe Biden's Delaware house as the beneficiary address.
Well, now we…
The committee took to Twitter, stating, “Well, now we know neither Hunter Biden nor any other Biden paid that loan back. Instead, Democrat donor and Hollywood lawyer Kevin Morris…assumed the debt for Hunter.”
This financial maneuver occurred after Joe Biden announced his presidential run in 2020 and following his personal interaction with Li in Beijing. Furthermore, Hunter’s uncle, James Biden, personally thanked Morris for his financial intervention on behalf of the Biden family.
Adding to the entanglement, Morris was the mysterious benefactor who cleared Hunter Biden’s $2 million tax delinquency – a fact confirmed amidst the collapse of a guilty plea with the Department of Justice. All the while, the Biden address in Delaware remained on the record, even though Hunter was residing in California.
Morris paid $2 million of Hunter Biden's overdue taxes and he is reportedly helping Hunter pay his legal bills. James Biden once thanked Morris "on behalf of the family" for assisting Hunter Biden. Now we're finding out Morris took on $250,000 of Hunter Biden's debt to China… https://t.co/lVFdety9S9
— James Lynch (@jameslynch32) October 30, 2023
An IRS memo unearthed by the House Ways and Means Committee added another layer, with James Biden expressing gratitude to Morris for his significant financial assistance.
The tale takes a darker twist with allegations from IRS whistleblowers Gary Shapley and Joseph Ziegler, who accused Delaware Assistant U.S. Attorney Lesley Wolf of ignoring “campaign finance criminal violations” and obstructing justice by halting search warrants and alerting Biden’s defense team.
Morris is now allegedly funding Hunter Biden’s hefty legal fees, which reportedly surpass $1 million monthly, as he faces DOJ and Congressional probes into his financial dealings.
Complicating the legal web, Hunter Biden is embroiled in lawsuits against the IRS for purported illegal whistleblower disclosures and against individuals he accuses of spreading contents from his notorious abandoned laptop.
The Oversight Committee, not resting on its laurels, subpoenaed Hunter Biden’s banking records following the revelations. The scrutiny into the Biden family finances has unearthed over $24 million in income from foreign entities, with House Oversight Chairman James Comer revealing the information originated from suspicious activity reports by banks.
The drama escalated as Hunter Biden faced indictment on federal gun charges linked to a 2018 firearm purchase during a period of alleged substance abuse. He has since pleaded not guilty.
With this unfolding saga, the Biden family’s financial web continues to ensnare new revelations, leaving American citizens to question the integrity of their nation’s leadership.
As our loyal readers, we encourage you to share your thoughts and opinions on this issue. Let your voice be heard and join the discussion below.
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Miranda Ratcliff
November 6, 2023 at 7:42 am
So what’s the point of digging up more dirt on hunter? NOTHING will ever come of it. He will continue to slither on his belly like the snake he is and get away with EVERYTHING. He and his snake of a daddy will ALWAYS get away with their illegal acts. that is what’s wrong with our country. The good are punished while the snakes keep slithering away and not being punished.
BILL
November 6, 2023 at 7:46 am
Our federal judicial system is so corrupt, nothing will ever be done to any of the Biden family members.
Nathan C. Paris
November 6, 2023 at 7:53 am
Large sums of money from foreign countries expects something back in return. Interest, favors, turning a blind eye, “The Money” is purchasing something? What can it be purchasing from the highest held office (The Presidency Of The United States Of America)?
The People Of The United States Of America have a right and a duty to know what foreign countries are purchasing from their “elected leaders”!
Margaret "Beth" Ellis Koostra
November 6, 2023 at 8:14 am
Just like with Hillary Clinton, nothing will ever be done about these crimes.