Hunter's China Connection

Financial Questions Arise: Hunter Biden’s $250k Wire from Beijing

Hunter Biden’s attorneys appear to be changing their story. What they initially said was a $250,000 “loan” has now been shown to be a “personal investment” thanks to recently uncovered banking records.

The younger Biden’s legal team had also first claimed that the sum in question had never yielded a “return on” any “investment.” How his team intends to explain the apparent anomaly is yet to be seen.

According to a September 26th report from Fox News, the President’s son received a total of $260,000 in wires from his Chinese associates in Beijing in the middle of 2019. Joe Biden’s Delaware residence was listed as the beneficiary address for those transactions.

The $260,000 that flowed from BHR into Hunter Biden’s U.S.-based bank account was broken down into two increments. The first lesser transfer of $10,000 was listed as a “loan” and the second larger amount of $250,000 was labeled as a “personal investment.”

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