James Biden
James "Jimmy" Biden (born June 1949) is the younger brother of Presidential-nominee Joe Biden. James is a former nightclub owner, owned a lobbyist firm, acquired the company Paradigm Global Advisors with nephew Hunter Biden. In 2010, James Biden joined the company HillStone International. In 2011, HillStone International lands a $1.5 billion contract to build housing in Iraq. His dealings with several medical companies have led to allegations that he engaged in fraud.
Politico reported on Biden family corruption on August 2, 2019:
| The day the Bidens took over Paradigm Global Advisors was a memorable one.
In the late summer of 2006 Joe Biden’s son Hunter and Joe’s younger brother, James, purchased the firm. On their first day on the job, they showed up with Joe’s other son, Beau, and two large men and ordered the hedge fund’s chief of compliance to fire its president, according to a Paradigm executive who was present. After the firing, the two large men escorted the fund’s president out of the firm’s midtown Manhattan office, and James Biden laid out his vision for the fund’s future. “Don’t worry about investors,” he said, according to the executive, who spoke on the condition of anonymity, citing fear of retaliation. “We've got people all around the world who want to invest in Joe Biden.” At the time, the senator was just months away from both assuming the chairmanship of the Senate Foreign Relations Committee and launching his second presidential bid. According to the executive, James Biden made it clear he viewed the fund as a way to take money from rich foreigners who could not legally give money to his older brother or his campaign account. “We've got investors lined up in a line of 747s filled with cash ready to invest in this company,” the executive remembers James Biden saying.[1] |
Senate investigation
Senate Homeland Security investigators concluded,
| The records acquired by the Committees show that Hunter Biden and his family were involved in a vast financial network that connected them to foreign nationals and foreign governments across the globe. Hunter Biden and Archer, in particular, formed significant and consistent financial relationships with the corrupt oligarch Mykola Zlochevsky during their time working for Burisma and their firms made millions of dollars from that association while Joe Biden was vice president and the public face of the Obama administration’s Ukraine policy. Rosemont Seneca Thornton, an investment firm co-founded by Hunter Biden, received $3.5 million in a wire transfer from Elena Baturina, who allegedly received illegal construction contracts from her husband, the former mayor of Moscow. Moreover, Archer’s apparent receipt of money for a car from Kenges Rakishev of Kazakhstan while Vice President Biden was in Kyiv is especially concerning in light of the timing. And finally, Biden and Archer’s work with Chinese nationals connected to the Communist regime illustrate the deep financial connections that accelerated while his father was vice president and continued after he left office.
Biden and Archer found willing partners in Chinese nationals connected to the Communist regime. Their work in China began at least in 2009, with the creation of Rosemont Seneca Partners with Heinz, Secretary of State John Kerry’s stepson. Then, several years later, Biden and Archer formed BHR with Bohai Capital and received their business license approval in China shortly after Biden visited China with his father, Vice President Biden. Hunter Biden’s connections and financial associations appear to have accelerated significantly after he associated himself with Ye Jianming, who had deep connections with the Communist regime and PLA. However, that didn’t seem to have any impact on Hunter Biden, who made millions from the relationship. Indeed, Hunter Biden and his family, to include James and Sara Biden, associated with other Chinese nationals such as Gongwen Dong. In one case, the three of them went on a $100,000 global spending spree after Gongwen Dong and Hunter Biden opened a joint account. In addition, Hunter Biden received millions of dollars over a period of years from Gongwen Dong’s companies. According to records acquired by the Committees, many of these transactions involved potential criminal financial activity.[3] |
External Links
- Biden Inc, August 2, 2019
- Mainstream media ignore report of Joe Biden's brother facing fraud allegations, March 11, 2020
- ↑ https://www.politico.com/magazine/story/2019/08/02/joe-biden-investigation-hunter-brother-hedge-fund-money-2020-campaign-227407
- ↑ https://creativedestructionmedia.com/investigations/2020/10/14/cdmedia-reporting-since-nov-on-biden-crime-family-confirmed-leftist-media-enablers-attack/
- ↑ Hunter Biden, Burisma, and Corruption: The Impact on U.S.Government Policy and Related Concerns, U.S. Senate Committee on Homeland Security and Governmental Affairs, September 23, 2020, p. 84.
