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New bank records memo exposes Biden family’s corrupt foreign influence scheme

New bank records memo exposes Biden family’s corrupt foreign influence scheme

A new bank records memo exposing the Biden family’s alleged corrupt foreign influence scheme was released Wednesday, according to the House Oversight Committee.

“House Oversight and Accountability Committee Chairman James Comer (R-KY) today released a third bank records memorandum detailing new information obtained in the Committee’s investigation into the influence-peddling schemes of the Biden family,” the committee said.

On 2/14/14, Russian oligarch Yelena Baturina wired $3.5 million to a shell company associated with Hunter Biden and Devon Archer. About $1 million was transferred to Archer and the rest was used to initially fund a new company account, which Archer & Biden used to receive other foreign cables.

— Oversight Committee (@GOPoversight) August 9, 2023

“The memo describes how the Bidens and their business partners received millions from oligarchs in Russia, Kazakhstan and Ukraine during Joe Biden’s vice presidency,” the statement continued. “After Hunter Biden received millions of dollars in payments, then-Vice President Joe Biden dined with his son’s foreign associates in Washington, D.C. Devon Archer, Hunter Biden’s former business partner, recently testified that then-Vice President Joe Biden was “the brand” sold to enrich the Biden family and was used to send “signals” of access, power and influence.”

“During Joe Biden’s vice presidency, Hunter Biden sold it as ‘the brand’ to collect millions from oligarchs in Kazakhstan, Russia and Ukraine. It appears that no real services were provided other than access to the Biden network, including Joe Biden himself. And Hunter Biden appears to have done so. This is clear from the meals at Café Milano, where then-Vice President Joe Biden dined with oligarchs from around the world who had sent money to his son.” said President Comer. “It is clear that Joe Biden knew about his son’s business dealings and allowed himself to sell ‘the brand’ to enrich the Biden family while he was Vice President of the United States. The House Oversight Committee will continue to follow the money trail and obtain witnesses to determine whether foreign actors targeted the Bidens, President Biden is compromised or corrupt, and our national security is threatened.”

The House Oversight Committee has brought to light several financial dealings related to the Biden family:

Foreign payments to Bidens: The Committee has identified more than $20 million in foreign payments to the Biden family and their associates during Joe Biden’s vice presidency. These payments came from nations such as Russia, Ukraine and Kazakhstan.
Rosemont Seneca Entities: Hunter Biden and Devon Archer used “Rosemont Seneca” entities to manage millions of foreign oligarchs. Payments were often incremental, possibly to obscure their origins and amounts.
Specific transactions:

Russian business: A Russian billionaire, Yelena Baturina, transferred $3.5 million to a company associated with Hunter Biden and Devon Archer.
Business of Ukraine: In 2014, Hunter Biden and Devon Archer were inducted into the board of directors of Burisma, a Ukrainian company, with annual compensation of $1 million each. Payments were made to the Rosemont Seneca Bohai account.
Kazakh business: Kenes Rakishev, a Kazakh oligarch, sent $142,300 to Rosemont Seneca Bohai in 2014, matching the exact amount of the purchase of a sports car for Hunter Biden the next day.

Hunter Biden’s Financial Relationships: Hunter Biden had financial relationships with Yelena Baturina, Burisma and Kenes Rakishev. Vice President Biden reportedly dined with these figures in Washington, DC in 2014 and 2015.
Accusations against President Biden: President Biden is accused of misleading the public about his family’s business dealings. There are allegations that “Joe Biden was ‘The Mark'” and was a central figure in the alleged influence peddling. The Committee suggests that the payments to the Biden family could be seen as bribery efforts to influence President Biden. The White House’s stance on these allegations has reportedly changed over time, with previous statements indicating that President Biden had no knowledge of or involvement in his son’s business endeavors.

President Comer last week released the full transcript of the transcribed interview of Hunter Biden’s business partner, Devon Archer. During the interview, Archer confirmed that then-Vice President Joe Biden was his son Hunter Biden’s “brand,” used globally to financially benefit the Biden family. It was revealed that then-Vice President Biden engaged in dinners and phone calls with Hunter Biden and his business associates more than 20 times.

Joe Biden has repeatedly denied any involvement in his son’s illicit businesses in Ukraine and China.

“I’ve never talked to my son about his foreign business dealings,” Biden said in October 2019. “I know Trump deserves to be investigated. He’s violating all the basic rules of a president. You should ask— him why he’s on the phone with a foreign leader, trying to intimidate a foreign leader. You should look at Trump.”

In his book “Laptop from Hell,” Devine detailed the email that showed Biden expected a ten percent cut for his influence on the deals.

Oneida would be split according to an email sent by James Gilliar to the group on May 13, 2017, outlining the distribution of shares.

“Share capital will be distributed as follows,” Gilliar wrote, listing the shares in percentages.

“8 p.m [Hunter]

“20 RW [Walker]

“20 JG [Gilliar]

“20 TB [Bobulinski]

“10 Jim [Biden]

“10 in H’s hands for the big one.”

Joe Biden and his deputy chief of staff met with three of Hunter Biden’s business associates, including one foreigner, at the White House while he was serving as vice president in the summer of 2011.

Paul Kamenar, a lawyer at the National Legal and Policy Center (NLPC), argued that Hunter Biden’s involvement in organizing this meeting was an alleged violation of the Foreign Agents Registration Act (FARA).

“If this person or persons met with Biden at the behest of his son, Hunter, and were somehow paid directly or indirectly to arrange that meeting, then we would argue that, yes, he should be registered as a foreign agent of this foreign entity,” Kamenar said.

He added that the emails provide “further evidence of how the most serious charges of foreign agent registration problems are approaching and need to be addressed.”

Hunter Biden’s long-awaited “sweetheart” plea deal to tax crimes and a felony gun charge was blown up in court in late July by disagreements over impending FARA violations that may be filed against him. Meanwhile, the judge ordered Hunter Biden to comply with conditions of release, including no firearms, illegal drugs or alcohol, and a requirement to find real employment.


The full transcript of Devon Archer’s “Bombshell” interview has been released

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