Simon Ateba
@simonateba
During the 2020 presidential debate, Biden claimed he and his family never received a penny from China. But, Hunter Biden admitted in court this week that he received over $600,000 from a Chinese company with ties to the CCP, contradicting President Biden's previous statements.
He pleaded not guilty after the judge rejected a criticized plea deal. Prosecutors revealed he got $664,000 from a "Chinese infrastructure investment company."
More broadly, Rep. James Comer has revealed that at least six major banks, including JP Morgan, Bank of America, and Wells Fargo flagged 170+ suspicious activity reports to Treasury Dept. about the Biden family.
What they did, Comer explained, was that they set up 20 shell companies. A shell company is a business entity that exists on paper but has no significant operations, assets, or active business activities.
The money would come from China, Romania, or Ukraine and go to the first company, then moved to the second, third, and finally the last before hitting Hunter Biden's account. They did that to hide the source of the money.
One transaction that was flagged was over $3 million from China. It went to a fake account in the name of Robinson Walker. About 24 hours and 2 minutes after, just the time for the money to be cleared by the bank, they started wiring it to different shell/fake companies. The Bidens got $1.3 million of that money, while someone else got a third of the money. The $1.3 million went to four different Biden family members. It went on and on......
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