A year-long Senate investigation concluded Wednesday that Hunter Biden’s efforts to cash in on foreign business deals during his father’s vice presidency raised alarm among U.S. government officials, who perceived an ethical conflict of interest and flagged concerns about possible criminal activity ranging from bribery to sex trafficking.
The long-awaited joint report by the GOP-led Senate Homeland and Government Affairs and Senate Finance Committees delivered several blockbuster revelations less than two months before Election Day, suggesting Obama administration officials ignored clear warning signs about ethical conflicts and possible extortion risks involving Joe Biden’s family.
Perhaps the most explosive revelation was that the U.S. Treasury Department flagged payments collected overseas by Hunter Biden and business partner Devon Archer for possible illicit activities.
The so-called Suspicious Activity Reports flagged millions of dollars in transactions from the Ukrainian gas company Burisma Holdings, a Russian oligarch named Yelena Baturina, and Chinese businessmen with ties to Beijing’s communist government, the report said. Senate investigators have yet to determine if the FBI or others investigated the concerns.
“The Treasury records acquired by the Chairmen show potential criminal activity relating to transactions among and between Hunter Biden, his family, and his associates with Ukrainian, Russian, Kazakh and Chinese nationals,” the 87-page report disclosed, confirming an earlier report in Just the News.
The report, citing U.S. government records, also raised concerns about possible ties to sex and human trafficking rings. “Hunter Biden paid nonresident women who were nationals of Russia or other Eastern European countries and who appear to be linked to an Eastern European prostitution or human trafficking ring,” the report said.
An attorney for Hunter Biden has yet to respond to a emailed request for comment.
Senate Homeland Security and Governmental Affairs Committee Chairman Ron Johnson told Just the News Wednesday morning that the sheer volume of suspicious activity in Hunter Biden’s foreign business dealings left the Vice President vulnerable to illicit influence or extortion.
“The report raises serious questions that former Vice President Biden needs to answer. There are simply too many potential conflict of interest, counterintelligence and extortion threats to ignore,” he said.
You can read the full report here.