CCP Businessmen Linked Intelligence Services Plowed Almost $11 Million Into A Joint Venture With Hunter Biden
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“Like I have been saying . . . . Keep the faith, people. The worm has turned,” Jack Maxey posted on GETTR. Maxey is the source of hand delivering the contents of Hunter Biden’s laptop to US Senator Chuck Grassley (R-Iowa).
Fox News covered the worm-turning news:
This is from the Daily Mail report from Thursday:
The records were sent by the senators to a Delaware prosecutor investigating Hunter’s potentially criminal business dealings with foreign nations.
Grassley and Johnson accompanied the ream of records with an excoriating letter slamming the federal prosecutor, David Weiss, for ‘failure to respond to our legitimate congressional oversight requests’.
The lawmakers say the documents uncovered in their long investigation lay out ‘the Biden family’s connections to the Chinese regime and persons connected to its military and intelligence elements.’
DailyMail.com’s analysis of hundreds of bank statements included in the Hunter Biden investigation details how the president’s son, his Uncle Jim Biden, and his Chinese business partners extracted cash from an $11million payout to a bank account for Hudson West III, LLC – a company jointly owned by Hunter’s firm Owasco PC and a CEFC subsidiary. Records show Hunter and Jim’s companies received a total of $4,968,220.01 from Hudson West. Hunter, Jim, and his wife Sara also got access to Bank of Omaha credit cards funded by CEFC to the tune of $101,098.61.
CEFC manager Gongwen Dong was paid a total $123,319.68 over the 14-month period in the bank statements, and another CEFC executive firm (ColdHarbour Capital) got $318,286.37. There were also eight payments totaling $29,795.84 to JiaQi Bao, a glamorous young staffer for the joint venture who was close to Hudson.
The bank records and documents track the money flow from Hunter Biden’s Chinese business partners to members of the Biden family between September 2017 and November 2018
They say the evidence amounts to ‘potential criminal financial activity with respect to Hunter and James Biden,’ – President Joe Biden’s brother who goes by ‘Jim’, who took part in the Chinese joint venture.
The senators are concerned Weiss is dragging his feet and not conducting a thorough investigation of the president’s son, or that the probe has been hamstrung by the Department of Justice.
Their data dump comes less than two weeks before the congressional midterm elections.
If Republicans win back control of the House, they are poised to launch their investigation into the Bidens, backed by subpoena powers that control would afford them.
An analysis of the hundreds of pages of bank statements by DailyMail.com shows Hunter’s Chinese business partners transferred a total $10,736,413.50 to a Cathay Bank account for Hudson West III LLC, a company jointly owned by Hunter’s firm Owasco PC and a CEFC subsidiary, between September 2017 and November 2018.
As CEFC poured millions into the joint venture, Hunter and Jim extracted the cash, paying themselves $100,000 and $65,000 monthly salaries respectively.
The operating agreement for the Delaware-incorporated company released by the senators says Hunter would receive a $500,000 ‘one-time retainer fee’ too.
Hunter, his uncle and Jim’s wife Sara got access to credit cards funded by CEFC to the tune of $101,098.61, which they used for a spending spree of Apple products, hotels and restaurants.
And CEFC executive Patrick Ho paid Hunter $1million from the company’s funds as a retainer after he hired the First Son as his lawyer, following his arrest by US law enforcement in November 2017 on bribery and money laundering charges.
The report by the senators said Hunter and Jim’s companies received a total of $4,968,220.01 from Hudson West.
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