Hunter Biden in Hot Water as federal Investigation Begins

"Our Shared Opportunity: A Vision for Global Prosperity" by CSIS: Center for Strategic & International Studies is licensed under CC BY-NC-SA 2.0

Former Vice President Joe Biden’s son, Hunter Biden, is under federal criminal investigation for his dealings with business people in China.

Federal law enforcement officials paused the investigation into Hunter Biden `in the months before the election” and “now that the election is over, the investigation is entering a new phase,” CNN reported. “Federal prosecutors in Delaware, working with the IRS Criminal Investigation agency and the FBI, are taking overt steps such as issuing subpoenas and seeking interviews, the person with knowledge said.”

In a statement, Hunter Biden said:

“I learned yesterday for the first time that the U.S. Attorney’s Office in Delaware advised my legal counsel, also yesterday, that they are investigating my tax affairs. I take this matter very seriously but I am confident that a professional and objective review of these matters will demonstrate that I handled my affairs legally and appropriately, including with the benefit of professional tax advisors.”

CNN’s said that the feds were investigating “multiple financial issues” including if Hunter Biden “violated tax and money laundering laws in business dealings in foreign countries, principally China.” 

CNN reported further:

“Hunter Biden later briefly acted as a lawyer to represent Patrick Ho, who ran an organization backed by CEFC, and who was convicted in 2018 of paying millions of dollars in bribes to officials in Chad and Uganda to benefit CEFC energy projects in those countries. Ho was sentenced to a three-year federal prison term. He has since been released and is back in Hong Kong, his attorney said.”

“Hunter Biden had been involved in an earlier Chinese business venture that drew concerns in the Obama White House and Joe Biden’s staff, according to the New Yorker. In 2013, Hunter Biden became involved with US and Chinese partners who were creating an investment fund called BHR Partners for deals outside China. Hunter Biden was an unpaid member of the BHR board and took an equity stake after his father left office, the New Yorker reported.”