The Biden family’s financial transactions involving a $200,000 payment from one relative to another have raised massive red flags and suspicions about conflicts of interest and personal gains, Fox News Digital reports.
Can you borrow 200000.00 without ever actually getting it?
Democrats surely can explain this to you somehow.
Biden Crime Family pic.twitter.com/1CIAMtbfDL— Big Fish (@BigFish3000) October 28, 2023
The ongoing revelations, supported by concrete banking records, necessitate a thorough investigation by Congress to determine if President Joe Biden personally benefited from his family’s global business activities and whether his political influence was utilized for personal gain.
A "loan repayment" released last wk shows a $200K transfer from Jim to Joe Biden.
Money laundering/tax evasion often occurs through “loan repayments.”
Where are the loan docs demonstrating a need for this?
Our investigation will continue & we will hold this admin accountable. pic.twitter.com/G2cBqUJcOW
— Congressman Byron Donalds (@RepDonaldsPress) October 30, 2023
For instance, bank records unveiled a substantial payment from Joe Biden’s brother, James Biden, directly following a loan of the same amount from a healthcare company. These transactions imply a pattern of leveraging the Biden name and connections for financial advantages, particularly in securing investments from the Middle East.
This incident isn’t an isolated one. Historical concerns persist regarding the Biden family’s use of purported “loans” to shift money among family members, including the President. Notably, in 2020, a Hollywood attorney, Kevin Morris, covered Hunter Biden’s $2 million unpaid tax liability. This payment, labeled as a “loan” by Hunter’s attorneys, raises questions about potential motives, especially during the presidential campaign.
The use of multiple shell companies to move money discreetly and the questionable pattern of “loans” within the Biden family underscore the necessity for transparency, especially among public officials. The House of Representatives aims to examine these financial transactions to ensure leaders prioritize the public’s interest over personal gain.
Complicating matters further, IRS whistleblowers alleged that the Biden Justice Department impeded investigations into potential campaign finance violations, raising concerns about accountability and fair treatment under the law.
Survey data indicates that nearly half of American adults now harbor beliefs that President Biden might have been involved in illegal activities related to his son, Hunter.
