Banks Flagged 5 Suspicious Reports From Biden’s Home Address

By Victor Winston, updated on December 8, 2023

A recent revelation by a U.S. Senator has brought to light alarming financial transactions related to Hunter Biden, son of President Joe Biden, raising serious concerns.

At least six SARs have been filed by banks, flagging Hunter Biden's foreign business dealings and linking them to President Biden's Wilmington, Delaware home.

Banks have filed numerous suspicious activity reports (SARs) detailing over $12 million in transactions that list President Biden's Delaware home as the address, sparking worries about potential criminal activities such as money laundering or human trafficking. The SARs, used by financial institutions to report suspected legal violations, chronicled these significant transactions over several years, involving Hunter Biden and potentially implicating the President by association.

Senator Highlights Potential Money Laundering Risks

Senator Johnson, who previously led an investigation into the Biden family's foreign dealings, stressed that President Biden was likely aware of his son's use of the family home address for these business transactions. He suggested that this situation raises questions about the President's potential role in these dealings.

"There'd be so much activity coming into his address, in this case, Hunter Biden's businesses, that he obviously would have to be aware," said Sen. Ron Johnson, raising doubts about the President's awareness and involvement in these suspicious activities.

Senator Johnson's comments add a layer of complexity to the ongoing scrutiny surrounding Hunter Biden, who was recently indicted on nine counts of tax evasion. The indictment accused him of leading an extravagant lifestyle funded by millions of dollars while neglecting his tax obligations.

Indictment and Investigations Raise Questions

The indictment of Hunter Biden paints a picture of lavish spending and financial irresponsibility, stating, "Rather than pay his taxes, the Defendant spent millions of dollars on an extravagant lifestyle." This revelation adds to the mounting concerns about the Biden family's financial dealings.

Further complicating matters, congressional investigators have identified over 150 SARs filed over nearly a decade related to Biden family businesses and associates. This extensive number of reports suggests a pattern of suspicious financial activities.

"I mean, Hunter Biden has dozens and dozens and dozens of these Treasury reports that are concerned about suspicious activities he's undertaking in terms of money transfers. I mean, this is, again, it's just to me, it just underscores and confirms the criminal nature, the corrupt nature of Biden family, Inc.”

Alongside these allegations, separate reporting has detailed Hunter Biden's involvement in transactions with foreign entities, including receiving wires from China while his father was campaigning for the presidency. These transactions, listing Joe Biden's home address, directly contradict previous claims by President Biden that his family had no financial dealings with China.

Whistleblowers and Foreign Transactions Scrutinized

Whistleblowers have also referred to a potential Mann Act violation involving Hunter Biden and his alleged expenditure on escorts. This claim, if substantiated, could add another dimension to the legal challenges facing Hunter Biden.

The timeline of these events, spanning years and culminating in the recent indictment, paints a troubling picture of the Biden family's financial transactions. The SARs, which cover a range of activities, including wires from China and lavish spending, suggest a complex web of financial dealings.

Rep. James Comer emphasizes the discrepancy between the President's public statements and the documented financial transactions.

"Bank records don't lie, but President Joe Biden does. In 2020, Joe Biden told Americans that his family never received money from China. We've already proved that to be a lie earlier this year, and now we know that two wires originating from Beijing listed Joe Biden's Wilmington home as the beneficiary address when he was running for President of the United States."

Biden Family's Foreign Dealings Raise Security Concerns

The investigation led by Johnson and Grassley in 2020 concluded that the Biden family had collected millions from foreign sources, potentially leaving them compromised. This finding, in conjunction with the recent developments, raises significant national security concerns.

As the situation unfolds, the focus shifts to the implications these revelations have on the Biden family and potentially on U.S. national security. The intertwining of personal and political interests in these financial transactions creates a complex narrative that continues to develop.

The intricate web of financial transactions, spanning several years and involving significant sums of money, suggests a pattern of behavior that warrants further scrutiny and investigation.

Scrutinizing the Biden Family's Finances

The recent developments concerning Hunter Biden's financial dealings and the involvement of President Joe Biden's Delaware home address have brought to light a series of concerning transactions. These findings raise important questions about the integrity of the Biden family's financial activities and their potential implications for U.S. national security.

  • Banks have filed at least 6 SARs concerning Hunter Biden's foreign business dealings, listing Joe Biden's home address.
  • SARs raise concerns about potential criminal activities, including money laundering and human trafficking.
  • Senator Ron Johnson has emphasized the likely awareness and benefit of Joe Biden in these dealings.
  • Hunter Biden faces an indictment on tax evasion charges, highlighting a pattern of extravagant spending.
  • Congressional investigations have uncovered over 150 SARs related to the Biden family's businesses.
  • Transactions from China to Hunter Biden's firms contradict President Biden's earlier statements about not receiving money from China.

About Victor Winston

Victor is a freelance writer and researcher who focuses on national politics, geopolitics, and economics.

Top Articles

The

Newsletter

Receive information on new articles posted, important topics and tips.
Join Now
We won't send you spam. 
Unsubscribe at any time.

Recent Articles

Recent Analysis

Copyright © 2024 - CapitalismInstitute.org
A Project of Connell Media.
magnifier