Hunter Biden Was To Receive ‘Significant’ Pay From China Company Back In 2019
New emails have emerged, alleged to have belonged to Joe Biden’s son Hunter, which show that he and his entire family have ties to companies in communist China.
These emails surface a week after it was revealed and confirmed that Hunter Biden is under federal criminal investigation for some of his business dealings, particularly those in China.
Hunter Biden was informed in 2018 by one of his business partners that he would start to receive “significant” payments the following year from a firm in China that was co-owned by the Bank of China, which is owned by the communist Chinese government.
The Daily Caller News Foundation reported Wednesday:
The revelations conflict with an October 2019 statement issued from Hunter Biden’s lawyer, George Mesires, that said Biden had not received any return on his investment in BHR, nor had there been any distributions to the firm’s shareholders since he obtained his 10% equity stake two years prior through his company, Skaneateles LLC.
The emails, which were located on a copy of Hunter Biden’s alleged laptop, show that he took out a $150,000 capital loan with one of BHR’s Chinese-based partners in July 2017 to help fund his $420,000 investment into the firm that year. When the loan came due in December 2018, Schwerin advised Hunter Biden to extend the loan for another year so he could pay it back with future distributions.
“Since BHR will be making distributions in 2019 far exceeding $150,000 it is a no brainer to extend the loan,” Schwerin wrote to Hunter Biden and Mesires in a Dec. 20, 2018, email. “Of course, if we can execute the agreement as proposed 100% of those BHR distributions would go to you.”
Authorities say they are investigating Biden for “multiple financial issues,” which seems to include whether or not Hunter “violated tax and money laundering laws in business dealings with foreign countries, principally China.”
One message had Hunter Biden sending best wishes to the chairman of the CEFC, a Chinese energy firm, on behalf of the whole Biden family. He then goes on to ask the company for $10 million in order to “properly fund and operate” a business endeavor that he had with them.
The money never came.
This is not a good look for Hunter or his dad. It seems pretty obvious that enough evidence exists to suggest that Joe Biden used his political power and influence to help both he and his son become wealthy.
Is that really the kind of person we want to have sitting in the White House?