Rep. Byron Donalds Gives Details Of Biden Family’s Lucrative Influence-Peddling Scheme

A memo was just released by the House Oversight Committee on the “web of LLCs, efforts to hide sources of money, direct China cash, influence peddling in Romania” explaining the $10 million or so received by nine members of Joe Biden’s close family. Then Representative Byron Donalds spoke at a press release where he gave the public details about what the House Oversight Committee has uncovered regarding the Biden family’s scheme to sell then-Vice President Biden’s influence. He briefly explained how they used at least 20 companies and 12 banks to shuffle the money around and keep the millions out of sight, saying, “We’ve never seen a presidential family receive these sms of money” from foreign entities and even entities who could be considered direct adversaries to the United States.

“The Biden’s associates created at least 16 companies while Joe Biden was Vice President. Now, the list is 20, and as we continue our investigation, that list is growing. To serve what purpose? And the purpose of all these companies being created is to conceal money that the Biden family has been gaining because Joe Biden has been sitting at the upper echelon of our politics for almost five decades.

Here’s an example of what I mean. You have Rosemont Seneca Partners, Rosemont Seneca Advisers, Rosemont Seneca Technology Partners, RSP Holdings, RSTP II Alpha, RSTP II Bravo, Rosemont Seneca Thorton, Rosemont Seneca Bohai, and the list goes on. Cycling through this many companies serves no purpose… The only logical conclusion of a financial professional is that you are concealing money from either the IRS, credit agencies, or from other people in general.”

Records tell a story of Biden associates creating these LLCs, then receiving “significant deposits from foreign sources” based in areas where then-Vice President Biden had the greatest political influence. Then those entities would “transfer smaller, incremental payments to Biden family bank accounts.” It’s a rather lovely money laundering scheme if you have enough political clout to keep people from taking a hard look at what’s going on. And for decades, the Bidens have. The names of nine involved Biden family members was also revealed in the press conference. Hey, at least you can be sure that the “grandchild” through whom the money is being laundered is probably not the child Hunter has basically abandoned and who the Biden family refuses to acknowledge despite Hunter’s paternity.

While President Joe Biden himself is not among the nine names listed as having directly received those millions from the shell companies and Biden associates, text messages imply that money was being shifted directly from Hunter Biden to his father, Joe Biden. The whole thing has a “10% for the Big Guy” vibe, if you know what I mean. Mob bosses and Kingpins rarely get their hands dirty directly. They make sure they have plenty of buffers between them and the dirty actions or money, so I’m not surprised Biden’s name wasn’t listed. But it’s ridiculous to think he didn’t know and wasn’t involved.