The following includes editorial content which is the opinion of the author, a staff writer for Law Enforcement Today.
WASHINGTON, DC- While New York Attorney General Letitia James continues here crusade to “get” former President Donald Trump, the Daily Mail reports that the current occupant of the White House—Joe Biden—shows some $5.2 million in “unexplained income.”
As has been reported innumerable times by Law Enforcement Today and other media outlets, Joe Biden has repeatedly denied having any knowledge of his crackhead son Hunter’s business dealings. Now, the Mail reports that Joe Biden actually agreed to pay Hunter’s legal fees for his deal with a company controlled by the Chinese government.
That revelation shows that Joe Biden’s ties to Hunter’s overseas business dealings are more prevalent than previously known and also proves that previous claims he made that he never discussed Hunter’s business dealings are factually incorrect—in other words, a lie.
The Mail reports that Biden earned millions of dollars through companies owned by him and “DOCTOR” Jill after he left the vice-presidency. Some of the money was earned through book deals and speaking engagements. However there is a bit of a discrepancy between what Biden reported on his tax return and what was declared on government transparency reports, according to an analysis by the Daily Mail.
In fact, that little discrepancy showed he declared nearly $7 million more on his tax returns than he did on the transparency reports. A bit weird, right? Well some of the discrepancy can be explained by salaries earned by Jill Biden, along with other sums not required on those reports. With that said, there is still some $5.2 million earned by Biden’s company not listed on the transparency reports.
That of course leads to a number of questions, with a primary one being where is that $5.2 million accounted for and does it have anything to do with the “10% for the big guy” alluded to in Hunter Biden’s laptop concerning a deal between Hunter and a Chinese energy company. Inquiring minds want to know…did Joe Biden get money from the Chinese?
Now we’ll “circle back” to Joe Biden’s agreement to pay Hunter’s legal fees. In January 2019, Hunter Biden assistant Katie Dodge sent an email to bookkeeper Linda Shapero and copied to Biden aide Richard Ruffner noting that Joe had agreed to pay hundreds of thousands in legal fees for Hunter.
“I spoke with Hunter today regarding his bills. It is my understanding that Hunt’s dad will cover these bills in the short-term as Hunter transitions his career,” Dodge wrote.
Was this when he transitioned to snorting parmesan cheese off of carpets? Unknown.
“I spoke with Hunter today regarding his bills. It is my understanding that Hunt’s dad will cover these bills in the short-term as Hunter transitions in his career,” Dodge wrote.
A spreadsheet attached to the email showed bills totaling $737,130.61 in legal fees. One of the last items on the bill was a $28,000 charge for legal fees, which involved the “restructuring” of Hunter’s joint venture with the Chinese Communist Party (CCP)-controlled Bank of China.
The spreadsheet showed the bill as “Faegre Baker Daniels: BHR Restructuring” in an amount of $28,382 showing a due date of “ASAP,” the Daily Mail continued.
BHR (Bohai Harvest RST) is a private equity firm that is one off two major Chinese business ventures engaged in by Hunter Biden. BHR was co-owned by the Bank of China.
Faegre Baker Daniels, now known as Faegre Drinker has Hunter’s personal attorney, George Mesires, as a partner.
In a separate invoice dated October 2018 from the law firm, it indicates Hunter spent a total of $68,933.41 on the “restructuring” beginning in September 2016.
The exact same year that Joe Biden took on Hunter’s bills, he promised that, “No one in my family will have an office in the White House, will sit in on meetings as if they are a cabinet member, will, in fact, have any business relationship with anyone that relates to a foreign corporation or a foreign country.” At least part of that statement was a shot at former President Donald Trump and his family.
That of course flies in the face of what in fact happened. Hunter Biden continued receiving his 10% share of BHR at least through 2021, which was confirmed by White House propaganda minister Jen Psaki last February.
The emails also indicate that despite his protestations to the contrary, Joe Biden was well aware of Hunter Biden’s ties to BHR and that seems to be confirmed by the emails where he agreed to pay Hunter’s legal fees.
The bills also included $412,309.23 in unpaid taxes for Hunter which dated back to 2015.
Earlier this month, the New York Times reported that Hunter Biden had taken out a million-dollar loan in order to pay his delinquent tax bills, ostensibly in an effort to avoid prosecution for tax fraud. It hasn’t been publicized where he got the loan.
Republican Senators Ron Johnson (WI) and Charles Grassley (Iowa) have been all over Hunter Biden’s foreign business deals. The senators said that Joe Biden’s unaccounted-for millions are “another disturbing piece of information that raises questions that deserve answers,” the Daily Mail said.
“When will the corporate media start doing their job and ask President Biden these questions?” Johnson asked. “And when will President Biden start being honest with the public? The American people deserve the truth.”
Meanwhile, Grassley told DailyMail.com: “Evidence of the president’s financial and business connections to Hunter continues to grow. It’s imperative for the first family to show the American people the transparency that they deserve.”
The walls appear to be closing in on Hunter Biden, who is currently under federal investigation for tax offenses, money laundering, and illegal lobbying for foreign clients.
As with many in the political class, Biden earned a fairly modest salary as a lawmaker, however like a number of them, somehow became a multi-millionaire. In fact, while Biden was in office as both a senator or vice president, he lived in rather modest quarters, however after leaving office, the money began to roll in through a couple of book deals as well as speaking fees.
Between 2017 and 2019, Joe and Jill Biden reported gross income of $16.5 million according to their federal tax returns, which were released by the Biden campaign. Most of that money came from two S-corps, CelticCapri Corp., and Giacoppa Corp., which were used for speaking and writing engagements, the Mail said.
However, according to filings with the Office of Government Ethics (OGE) over the same period, the Bidens reported only $9.6 million in income for the couple.
A portion of the difference of $7 million can be accounted for by Jill Biden’s wages at Northern Virginia Community College, as well as a salary she received from Giacoppa, income which they were not required to report to the OGE.
However, a comparison of income reported by Sleepy Joe from CelticCapri reported on OGE reports versus what he reported to the IRS shows a difference of $5.2 million, which to date remains unaccounted for.
Still, nothing conclusive has come forth about whether or not Joe Biden profited from Hunter’s business deals, however where there’s smoke, there’s fire. $5.2 million is a significant sum, and given allegations of Joe’s ties to Hunter’s Chinese ventures, as well as ties to a Russian and Ukrainian oligarchs, questions arise. Where did the nearly $5.2 million come from?
For example, the OGE filing submitted in July 2019 showed nearly $8.7 million of income for the Bidens between 2017 and May 2019. That included approximately $7.45 million which he claimed came from CelticCapri Corp.
In May 2020, he filed another OGE form which added another $907,160 that wasn’t paid until after the 2019 report filing, the Mail said which brought the total to $9,606,947 with the total for CelticCapri $8,065.464.
On Sleepy’s 2017 tax return, it indicates $11 million in adjusted gross income, almost $4.6 million in 2018, and $985,233 in 2019. That comes out to a total of approximately $16.5 million—some $6.99 million more than what was listed on his OGE forms.
The Daily Mail reported the Bidens’ tax returns show income of $9,636,690 from CelticCapri in 2017, $3,030,667 in 2018, and $578,178 in 2019, for a total of $13,245,535. That totaled over $5.18 million more than the CelticCapri earnings reported on OGE forms. It should be noted that OGE forms do not precisely represent figures for people’s assets, only rough value ranges. However a discrepancy in the amount being shown is very unusual.
The Bidens’ income also increased exponentially between 2015 and 2019, going from having assets at between $317,028 and $1,080,000 in 2015 to between $2,237,033 and $7,955,000 in 2019. Those figures show the Biden’s income increased by at least $1,157,033 up to possibly $7,637,972.
Clearly, the tax returns of the Bidens show that the couple earned their income largely through CelticCapri Corp. The OGE form documents much of it as being earned through speaking engagements and a book deal. That still doesn’t account for the remaining $5.2 million.
Could that money be the money “held by H for the big guy” alluded to in an email found on Hunter Biden’s laptop sent by Hunter Biden’s business partner James Gilliar in May 2017? Seems that way.
The “big guy” was confirmed as being Joe Biden by Tony Bobulinski, a former Hunter Biden business partner who was familiar with the designation. “H” is code for Hunter and the “big guy” is Joe Biden, Bobulinski has said. Several other emails on the laptop identify Joe Biden as “the big guy.”
Grassley and Johnson reported in September 2020 showing $5 million in wire transfers from Hunter’s Chinese business partners to a company controlled by Hunter. One of the CEFC executives, Patrick Ho, also gave Hunter a $1 million retainer to represent him in regard to a Department of Justice bribery case. It should be noted that Hunter Biden is not and was not a criminal defense attorney.
In an audio recording on Hunter’s laptop, he referred to Ho as the “fucking spy chief of China.” Ho appears to have had ties to Chinese intelligence agencies, seeing he was the subject of a Foreign Intelligence Surveillance Act (FISA) warrant looking into potential foreign spies. Ho’s status as the “spy chief of China” has yet to be proven.
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