Six banks have issued 170 suspicious activity reports against members of the Biden family, with some of the flagged transactions allegedly involving large wire transfers from China, Rep. James Comer (R-Ky.) says.
A suspicious activity report, or SAR, is a notice filed with the Department of the Treasury when a bank suspects a client may have committed a crime. SARs are filed “very seldom,” Mr. Comer said during a podcast with Sen. Ted Cruz (R-Texas) last week. “I was on a bank board for 10 years. I think we issued two over the course of 10 years.”
Mr. Comer spoke about an SAR involving the transfer of $3 million into an account. Linked to a person named Robinson Walker, it was the first bank account subpoenaed by the House Oversight Committee while investigating the matter. Mr. Comer is the committee’s chairman.
Walker was one of the people who was used to “funnel money from China and Romania and launder it down to the Bidens,” Mr. Comer alleged.
Over the course of 10 years, the subpoenaed account only maintained a $50,000 maximum balance, he said.
“Then, one day, out of the blue, they get a $3 million wire from China,” Mr. Comer said.
Twenty-four hours later, after the deposit, “they start wiring incremental payments to different shell companies,” he said.
“The Bidens got $1.3 million of the $3 million. ... That particular transaction went to four different Biden family members,” he asserted.
Biden–China Ties
The SARs point to the banks’ suspicion that concerned accounts were involved in “wire fraud, tax fraud, [and] money laundering.” The banks “suspected some of these wires were coming from state-owned entities” in China, Mr. Comer said.Mr. Cruz asked whether it meant “the communist government is sending the money?” to which Mr. Comer replied, “Yes.”
“If you had two SARs in the banking industry … it would be hard for you to open an account somewhere. There wouldn’t be any bank that would want to have you as a customer because it’s not worth the paperwork. Remember, when the bank files one of these, that’s inviting the regulators to come in and regulate. That’s the last thing banks want.”
Mr. Comer added that there were 20 shell companies that the Bidens used to transfer money.
“A shell company is a fake company ... They don’t make anything, they don’t produce anything, they don’t provide a good or service.”
“If Hunter Biden was doing something legitimate for China, they could’ve just wired the money to Hunter Biden. But they didn’t.” Instead, the money was sent through multiple shell companies. The activity was “organized,” Mr. Comer said, adding that “This is like organized crime.”
Human Trafficking, Burisma Links
A nonprofit research group called Marco Polo has published some of the Biden family SARs on its website. One of the SARs (pdf) filed by JPMorgan talks about Hunter Biden’s remittances to certain accounts, the recipients of which “have ties to the adult entertainment industry” or were listed in previous SAR filings “related to human trafficking.”The firm had paid a $7 million bribe to Ukraine’s prosecutor’s office while Hunter Biden was a board member and the head of the company’s legal unit, according to an email. Emails also suggested that the State Department, during the Obama administration, knew about the bribe.
The Twitter account, which has over half a million followers, was banned by the platform but was later resurrected after Elon Musk acquired it.
KanekoaTheGreat pointed out that Marco Polo’s “Report on the Biden Laptop” documents 459 alleged crimes involving the Biden family members as well as their associates. Marco Polo is a nonprofit research group exposing corruption.
That includes “140 business crimes, 191 sex crimes, and 128 drug crimes. A $1,000 reward is offered for any verifiable corrections, but thus far, no crimes have been disputed.”
