According to documents obtained by CBS News, more than 150 financial transactions involving Hunter Biden and Joe’s slimy brother James Biden were flagged by US banks as ‘concerning.’
The banking records, obtained by Ranking member on the Senate Judiciary Committee Chuck Grassley, reveal James Biden’s company, the Lion Hall Group, received huge wire transfers from a Chinese consulting firm in 2018.
Grassley produced records last Tuesday showing Hunter Biden was paid $100,000 a month and James Biden was paid $65,000 a month from companies linked to the Communist Chinese Government – and Hunter would be paid a one time retainer fee of $500,000.
CBS News reported:
In a September 2020 report with Senator Ron Johnson, Republican of Wisconsin, Grassley alleged Hunter, James, and James’s wife Sara tapped into a line of credit Hunter set up with a Chinese business executive to purchase more than $100,000 in airline tickets, hotels and restaurants.
Newly released records from Republican investigators show what appears to be the 2017 application for that $99,000 line of credit bearing the signatures of Hunter Biden and the Chinese executive.
“These records we got are the first records that have ever been made public on this issue. Nobody else has them,” Grassley said.
CBS News has also learned more than 150 financial transactions involving either Hunter or James Biden’s global business affairs were flagged as concerning by U.S. banks for further review. Some of those concerns included large wire transfers. Such banking reviews could point to deeper problems — or they could prove innocuous. Information shared with CBS News does not indicate the outcome of the banking reviews.
James Biden’s name surfaced last year in connection to a separate international business venture, which he abandoned after a White House ethics review flagged it for potentially involving conflicts of interest.
Family members of the president are required to notify the White House counsel’s office of business engagements, which are then reviewed for conflicts of interest or the appearance of conflicts. The office then advises the family members on its findings and they make decisions about how to proceed.
James Biden, 72, has reportedly been involved with a number of finance and business ventures, including insurance and political consulting jobs — even an interest in a nightclub.
More from CBS News reporter Catherine Herridge:
Based on primary source bank records, Republican Senator @ChuckGrassley tells @CBSNews he believes the president’s brother James was instrumental in Hunter Biden’s Chinese business ventures, @CBS_Herridge reports. pic.twitter.com/Wde2xx1rFg
— Catherine Herridge (@CBS_Herridge) April 7, 2022