Rep. James Comer (R-KY), the top House Republican on the Oversight Committee, has issued a demand to the wealth advisor of the son of the President of the United States, Hunter Biden, to turn over “suspicious” bank records connected to shady business schemes of the Biden family.
Comer’s letter demanded information connected to 150 flagged wire transactions between Hunter and James Biden.
Comer’s suspicion is the wire transfers link to Hunter’s business accounts under Prewitt’s management.
Hunter’s bank accounts also link to Hunter’s corrupt businesses of Owasco PC, Owasco LLC, Skaneateles, and Rosemont Seneca Advisors.
Back in April, Sen. Chuck Grassley (R-IA) told CBS News that Chinese entities paid James and Hunter Biden after being promised retainer fees for their work totaling $165,000.
While Joe Biden claims he had no part in the family business, there is now overwhelming evidence that Biden was not just involved but played a key role.
The evidence from Hunter Biden
This includes photos of Joe Biden meeting family business partners, Joe Biden flying to foreign countries to meet with Hunter’s business partners, and even Hunter’s former business partner’s testimony about Joe Biden’s involvement.
There was also the voice recording of Joe Biden calling Hunter about a Chinese business deal.
“Committee on Oversight and Reform Republicans are investigating the domestic and international business dealings of the Biden family and what role President Biden played in enriching his family,” Comer’s letter read Prewitt.
“As Hunter Biden’s financial advisor, you are in a unique position to know how these transactions originated and why they were flagged by U.S. banks.”
Comer’s demands include:
- All documents, communications, and information related to SARs are flagged by U.S. banks connected to Hunter Biden or any business entity connected to Hunter Biden, James Biden, or other Biden family members and associates.
- All financial records in Prewitt, Mahler, Tucker’s possession and/or custody regarding Hunter Biden’s business entities, including but not limited to Owasco PC, Owasco LLC, Skaneateles, and Rosemont Seneca Advisors.
- A list of all accounts opened by Hunter Biden, Eric Schwerin, or any of their affiliated entities.
- All documents and communications between any employee of Prewitt, Mahler, Tucker and any of the following individuals: a. Hunter Biden; b. James Biden; c. Joe Biden; d. Eric Schwerin
As Breitbart notes:
Wire transfers have been the tool of choice for money launderers. To mitigate the risks to the financial institutions, suspicious wire transfers over $10,000 are flagged for review. Wire transactions involving more than $10,000 are also to be reported to the Internal Revenue Service.
Those wire transfers could be the tip of the iceberg and be part of a more extensive payout system.
In 2019, Hunter revealed in texts the Biden family’s payout vehicle.
The detailed mechanism suggests a collection of 50 percent of familial salaries for 30 years.
“I hope you all can do what I did and pay for everything for this entire family for 30 years,” Hunter described in texts to his daughter.
“It’s really hard. But don’t worry, unlike Pop [Joe], I won’t make you give me half your salary.”
According to former Utah U.S. attorney Brett Tolman, the Biden family’s payment mechanism could unearth the core of an entrenched business enterprise, which could involve legal “predicates” for racketeering charges,
As CNN reported, Hunter Biden could be charged with tax violations and lying to law enforcement about illegally purchasing a firearm.
Meanwhile, U.S. prosecutor David Weiss is deciding whether Hunter and associates “violated money laundering, campaign finance, tax, and foreign lobbying laws, as well as whether Hunter Biden broke federal firearm and other regulations.”
