Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • My Rifles
  • Concentrate on Dividend Record and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Your Health
  • Old Confederacy
  • Main Street Conservative
  • BLM’s Marxist Agenda
  • Ron Paul
  • Bank Credit & Money
  • Freedom Force

Biden Still Needs to Answer Questions About Hunter’s China Money Transfers

October 7, 2020 By The Editors

With U.S. Secretary of State John Kerry looking on, U.S. Vice President Joe Biden raises his glass to toast Chinese President Xi Jinping at a State Luncheon in the Chinese President’s honor at the U.S. Department of State in Washington, D.C., on September 25, 2015. [State Department photo/ Public Domain]

In the first presidential debate of 2020, Joe Biden claimed a Senate report linking his son Hunter to money transfers from Chinese communists and Russian politicians had been “totally discredited.” Many were left asking “by whom?” The Washington Times reports:

Hunter Biden received a single wire transfer of $3.5 million from Elena Baturina. The Senate report said she became a billionaire through illegal construction contracts awarded by her husband, since deceased.

This is based on Treasury Department reports received by committee Chairman Ron Johnson, Wisconsin Republican, and Senate Finance Committee Chairman Charles E. Grassley, Iowa Republican.

The Senate narrative is not specific, but the types of transaction records match the description of confidential suspicious activity reports that the Treasury issues when it suspects illegal activity.

The Senate report says, “On Feb. 14, 2014, Baturina wired $3.5 million to a Rosemont Seneca Thornton LLC (Rosemont Seneca Thornton) bank account for a ‘Consultancy Agreement.’ Rosemont Seneca Thornton is an investment firm co-founded by Hunter Biden that was incorporated on May 28, 2013 in Wilmington, Del.”

The Times goes on:

In 2014 and 2015, Burisma sent $700,000 directly to Hunter Biden. After Mr. Archer was arrested on fraud charges, Burisma sent Hunter Biden another $752,000.

On China, Vice President Biden promoted closer ties to the communist regime on many fronts. He traveled to China in 2013 on Air Force Two and took along Hunter, who met with Chinese businessmen.

“China ate your lunch, Joe,” Mr. Trump said Tuesday night. “And no wonder your son goes in and he takes out billions of dollars. He takes out billions of dollars to manage. He makes millions of dollars.”

Mr. Biden said, “None of that is true.”

The Bidens have adamantly denied reports that Hunter Biden’s investment firm received a $1 billion infusion.

But the Senate report documents extensive ties between Hunter Biden and various Chinese entities that produced millions of dollars in wire transfers.

In one example, China’s CEFC Infrastructure Investment wired $5 million to HudsonWest LLC, a New York company jointly owned by Hunter Biden and Chinese interests. HudsonWest then sent $4.7 million to Hunter Biden’s law firm. The next year, another $1 million was delivered.

Hunter Biden sent 20 wire transfers totaling $1.3 million to Vice President Biden’s brother James for consulting services. Treasury flagged the transfers as potentially criminal, the Senate report said.

Read more here.

Related Posts

  • Joe Biden: China Apologist
  • Biden Flashback
  • Bribery vs. President Trump, Joe Biden, Hunter Biden
  • China and COVID: Bannon and Trump Right on the Money
  • Author
  • Recent Posts
The Editors
Latest posts by The Editors (see all)
  • VIDEO: Henry U.S. Survival AR-7 - January 15, 2021
  • Supposedly “Apolitical” Organizations Show Their True Colors - January 12, 2021
  • Foreign Leaders Attack Twitter Over Trump Ban - January 12, 2021

Dick Young’s Must Reads

  • The Simple, Elegant Power of the Retirement Compounders
  • Being Fully American Means Americans First
  • Rich States, Poor States this State is Dominant Once Again
  • You Need to Seek Some Shelter for When Things Get Ugly
  • Yes! Money Can Bring You Happiness
  • Shotgun Joe
  • Escape From the City: You’re Going to Like What You See
  • Why Some Kids Won’t Go Back to School, Ever
  • The Common Ground of Democracy is Sinking Beneath Americans’ Feet
  • Can Ginger Combat Heart Disease and Improve Circulation?

Our Most Popular Posts

  • The Coordinated Attack on Free Speech
  • Why Was the U.S Capitol Left So Vulnerable?
  • The Death of the Dollar and America's AA Credit
  • Who's Inciting Violence: Trump or Democrats?
  • Blue Dog Democrats Must Stop the Squad’s Assault on America
  • Enough of the Whiteness Shrieks a Woke Pelosi
  • Why Buying Bonds Matters in Times Like These
  • Media Talk of Impeachment is Absurd
  • Will We Remain a Nation Divided?
  • Was the Capitol Attack a False Flag?

Disclosure

RSS Youngresearch.com

  • The Fed is Sacrificing Retirees to Save the Banks
  • Jim Simons’s Renaissance Technologies vs. Internet Forum Traders
  • February RAGE Gauge: Americans Focusing on What’s In Front of Them
  • Biden Plans to Spend Trillions More on COVID-19 Stimulus
  • There’s Always a Way Forward for Americans Like YOU
  • Overtaken By Nvidia, Intel Fires Bob Swan
  • Do You Remember When NASDAQ Dropped by 82%?
  • Downcast Small Business Owners Prepare for a Difficult Four Years
  • Don’t Be on Their Radar, Get Out of Debt Now
  • Business Owners Must Reassess Relationship with Big-Tech

Insurrection Was the Furthest Thing from Trump’s Mind

Who Are Those Urging Violence?

Are $2,000 Checks Going to Rebuild NYC?

An Alert for Warm Weather, Wine Loving Mavens.

Key West’s Number One Restaurant: The Thirsty Mermaid

VIDEO: Henry U.S. Survival AR-7

Copyright © 2021 | Terms & Conditions | About Us | Dick Young | Archives