“On the Holmes Front,” with Frank Holmes
If you think Joe Biden’s family is corrupt, you’re not alone. Bank investigators warned about that conclusion years ago, newly released documents show.
An independent investigator flagged at least one of the many payments Communist China made to President Joe Biden through his son, Hunter Biden, and recommended the bank rethink its relationship with the Biden family.
Where did these “erratic” payments come from? What services did Hunter Biden render? And why were huge deposits arriving for family members of one of the most influential figures in the Democratic Party?
A previously secret email from a bank investigator to his bosses asked all these questions in an email dated June 26, 2018.
The email noted that a Chinese company, Northern International Capital Holdings (HK) Limited, had sent more than half its $5 million “loan” to entities controlled by Hunter Biden…but they could not understand why.
The company got a “loan” on August 8, 2017, but sent $2.9 million back to the United States for “management fees and reimbursements.”
China made a total of 16 deposits ranging from $157,494 to $400,000 to two of the Bidens’ companies: Owasco, P.C, and Hudson West III.
“We find it unusual that approximately 58% of the funds were transferred to the law firm in a few months and the frequency of payments appear erratic,” the email states.
To make matters worse, Hudson West III “does not currently have any investment projects at this time, which raises further concerns as millions in fees are being pald but does not appear to have any services rendered by Owasco PC.”
Hunter Biden’s firm is getting money that appears to have “no current business purpose.”
The investigator tells officials that Hunter’s ex-wife had warned about his extravagant spending… spending the Chinese Communists could be paying to gain leverage over Hunter’s famous father.
The investigator raises concerns over “China targeting children of politicians and purchase of political influence through ‘sweetheart deals’.” Call it a Red China flag.
This kind of financial chicanery “may require re-evaluation of relationship with the customer,” the email adds.
🚨 BREAKING 🚨
In a 2018 email, a bank flagged serious concerns about the China money Hunter Biden received – $40,000 of which ultimately landed in Joe Biden’s bank account.
In the email, the bank’s money laundering investigator highlighted:
– Erratic Payments
– No Obvious… pic.twitter.com/XjxYnM0cfn
— Oversight Committee (@GOPoversight) November 29, 2023
“Long before our investigation into President Biden’s corruption, a bank money laundering investigator raised the exact concerns that we raised publicly about the Biden family business,” said Rep. James Comer, R-Ky., who heads the House Oversight Committee.”
Even worse, we know that the sitting president of the United States knew about, participated in, and benefited from his family’s shady China dealings.”
Comer previously released a document supporters called a “smoking gun”: a $40,000 payment directly to Joe Biden from his brother, Hunter’s business partner, shortly after China wired the younger Biden funds.
“The money that landed in Joe Biden’s bank account was funded by a complex web” of double-dealing, phony business fronts, and chain financial relationships designed to confuse and dispirit investigators from prying into the Bidens’ finances, the House Oversight Committee stated.
The Bidens set up 20 front companies to launder funds from foreign companies, and governments, to the Biden family and, ultimately, the current president of the United States.
“Joe and Hunter Biden’s corruption is so obvious that only a Democrat could refuse to see it,” said Turning Point USA leader Charlie Kirk.
The blockbuster email blows holes in the story of candidate Joe Biden, who falsely claimed in a 2020 debate, “My son (Hunter) has not made money in terms of, this thing about—What are you talking about?—China.”
“The only one who’s made money from China is this guy—the only one,” said Biden, pointing at President Donald Trump, who shook his head. “Nobody has made money from China.”
In reality, “Joe Biden showed up to his son’s CEFC meetings and benefited from the money wired from China. The White House and their corporate media allies’ efforts to excuse and coverup this blatant corruption is appalling to the American people,” said Comer.
Hunter Biden will get his chance to explain away the transactions: He’ll testify to Congress, under oath, in just weeks.
“House Republicans will continue to unearth the facts and provide the accountability the American people deserve,” said Comer.
And one day, Hunter — and Joe — Biden may get what they deserve: 10 to 20 years behind bars.
Frank Holmes is a veteran journalist and an outspoken conservative that talks about the news that was in his weekly article, “On The Holmes Front.”