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Hunter Biden accused of owning 10% of company that helped facilitate migrants to the United States

Hunter Biden has been accused of owning 10 percent of a company that has been facilitating illegal migration across the US southern border.

The accusation was made by former Trump administration official Mike Benz, who now serves as director of the Foundation for Freedom Online.

“Hunter Biden actually owns 10 percent of a company called ePlata, which is a microfinance loan company for illegal immigrants coming across the southern border,” he said in a recent viral video.

“At the same time, the Biden Administration's Department of Justice issued a notice telling banks that they would, that the Department of Justice would take legal action against any bank that refused loans to illegal immigrants. Meanwhile, the first son has an equity investment in a company that benefits from these same loans,” he added.

Is any of this true?

Well, House Oversight Committee records show that Biden definitely has a stake in ePlata:

(Source: House Oversight Committee)

In addition, Benz is not the first to accuse ePlata of orchestrating illegal immigration.

In a Twitter post published last October, Natalie Winters of Steve Bannon's “War Room” accused ePlata of “partnering with the Mexican government to allow migrants to send and receive remittances.”

“The fintech startup describes itself as a 'multi-balance, multi-currency digital wallet and payment ecosystem' and was founded by one of Hunter Biden's longtime business partners, Jeff Cooper,” he tweeted.

“Documents discovered on Hunter Biden's hard drive also reveal that the president's son held an 8.25 percent stake in ePlata through his company Owasco LLC, although it is unclear whether he still holds the position,” added.

So notice some differences. While Benz said Biden owns 10 percent of ePlata, Winters said he once owned 8.25 percent, though it's unclear whether he still retains any shares.

What is known, according to Winters, is that Biden at one point benefited from the company. In fact, in April 2015, he received a wire transfer of $20,000 from them.

What is also known is that several people linked to Biden have been appointed to the company's Global Advisory Board.

Continuing his tweet, Winters noted that ePlata “seems to have a financial interest in supporting mass migration to the US” as it makes its money from migrants, criminal aliens, asylum seekers and even legal immigrants who send remittances home.

According to Winters, an email from Biden's infamous laptop said the company is “focused on providing cross-border remittances.”

“Remittances represent a key financial aspect of mass migration, both legal and illegal, as it refers to migrants sending funds from their current country of residence to their country of origin,” Winters noted in his tweet . “Payments are a massive industry that is worth more than $150 billion a year in the US alone and hurts the US economy as a significant amount leaves the country untaxed.”

But the fact that ePlata has super-lax identification requirements has convinced Winters that the company is mainly catering to criminal aliens.

“You can… create an ePlata account by simply entering your name, address, email address and mobile number. That's it, no hassle, no pain, no cost. With ePlata, putting your free money is so easy like one, two, three,” says a summary of the company's remittance program.

The company is also directly linked to the Mexican government.

“The company's emphasis on remittances comes amid its 2019 partnership with the Mexican government whereby the Office of the Federal Consumer Prosecutor, which is under the auspices of the Mexican attorney general, selected ePlata as one of two fintech companies that endorsed for citizens to send and receive remittances,” according to Winters.

“The head of Mexico's Consumer Protection Agency also highlighted ePlata as one of the country's leading platforms for sending and receiving remittances during a presidential press conference,” Winters noted.

More notable is the fact that ePlata founder Jeff Cooper has a long history of working with Biden, including on some of the infamous business deals that Republicans believe involve Biden's father, President Joe Biden.

“While pursuing deals with Mexican billionaires during Joe Biden's tenure as vice president, Cooper and Hunter Biden took advantage of the perks of the office, including White House events, trips to Air Force Two and meetings with Joe Biden , to attract customers,” Winters said. pointed out.

“Cooper, who has appeared in photos with Hunter, Joe and several Mexican billionaires, even joined Hunter on a February 2016 Air Force flight to Mexico,” it added.


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Vivek Saxena
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