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'Influence peddling schemes': Biden family received millions in 'incremental payments' from foreign nationals, created multiple companies to conceal source of funds, says House Oversight Committee
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'Influence peddling schemes': Biden family received millions in 'incremental payments' from foreign nationals, created multiple companies to conceal source of funds, says House Oversight Committee

The House Oversight and Accountability Committee released new evidence on Wednesday of the Biden family's alleged "influence peddling schemes."

House Oversight Committee Chairman James Comer (R-Ky.) revealed that "thousands of pages of financial records" obtained during the investigation show that the Biden family and their associates created a "complicated network of companies" in an attempt to conceal millions of dollars of payments from foreign businesses.

"The Bidens' foreign entanglements are breathtaking and raise serious questions about why foreign actors targeted the Biden family, what they expected in return, and whether our national security is threatened. We will continue to pursue additional bank records to follow the money trail and inform legislative solutions to prevent this type of corruption. Americans deserve answers, transparency, and accountability," Comer said.

According to the committee, Biden family members and their associates created over 20 companies sometime after Joe Biden assumed the vice presidency in 2009. The complex network of companies, most of which were limited liability corporations, raked in over $10 million from "foreign nationals' and their related companies" while Biden was vice president and after he left office.

The committee noted that most of those companies were created in Delaware and Washington, D.C., with the assistance of Rob Walker and James Gilliar, Hunter Biden's business partners.

Large financial transactions were sent to companies owned by the Bidens' business associates, and then smaller, "incremental payments over time" were distributed to "different bank accounts" held by the Bidens.

"These complicated financial transactions appear to be meant to conceal the source of the funds and reduce the conspicuousness of the total amounts made into the Biden bank accounts," the House Oversight Committee's Wednesday memo stated.

The memo reported that Hunter Biden, James Gilliar, Rob Walker, James Biden, Hallie Biden, and "other Bidens" received "foreign payments."

The committee explained that payments received from Chinese nationals and companies were linked to Chinese intelligence and the Chinese Communist Party. Those transactions were concealed behind layers of domestic limited liability corporations, the memo added.

"The Biden family and associates' activities in coordination with Chinese nationals and their corporate entities appear to be an attempt to engage in financial deception," it continued. "Multiple Biden family members received money from the Chinese after it passed through an associate's account. Additionally, Hunter Biden received money directly into his company's account from a Chinese-controlled entity."

Additionally, the oversight committee accused the Biden family of attempting to peddle influence in Romania.

"The Biden family and associates' activities in Romania bear clear indicia of a scheme to peddle influence from 2015 to 2017. While Vice President Biden lectured Romania on corruption and ethics, the Bidens received over a million dollars from a company controlled by a Romanian individual accused of corruption, Gabriel Popoviciu, through a Biden family associate," the memo stated.

The White House has maintained that President Biden has never been involved in Hunter Biden's business dealing and that the oversight committee's probe lacks evidence and is "politically motivated."

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Candace Hathaway

Candace Hathaway

Candace Hathaway is a staff writer for Blaze News.
@candace_phx →