The House Oversight Committee is preparing over twenty subpoenas for the Biden Family and they are expected to be served very soon.
The chairman of the House Oversight Committee James Comer was interviewed by Maria Bartiromo and he laid out the plans that they are about to implement he said this will be a big week for the investigation into the Biden Family and influence peddling.
Comer promises “swift action on Biden, and I would predict somewhere around two dozen subpoenas in the very near future.”
This action began as they found a $40,000 dollar payment to Joe Biden after discovering a $200,000 dollar check from a questionable source believed to have been made through laundered money from China.
According to Comer, a Chinese company called Northern International wired $5 million to a company co-founded by Hunter Biden, Hudson West III.
$400,000 was sent to a company owned and controlled by Hunter Biden and an additional $150,000 to to Lion Hall Group.
Lion Hall Group is owned by James and Sarah Biden. They then deposited $50,000 dollars and placed in their checking account. Sarah then sent a check to Joe Biden for $40,000. The check was marked the same as the $200,000 as a loan repayment.
No proof has been produced that Joe Biden ever loaned James any money. Joe Biden has refused to provide proof that he ever made a loan to his brother. And remember, the committee has bank records and they have not been able to find proof that any loan was ever made.
Comer said, according to NewsMax:
“You wouldn’t know about all the money that we’re going to show that James Biden took in and Hunter Biden took in from loans. It’s an integral part of money laundering, where you deceive the IRS about the revenue you’re taking. In other words, you’re a tax cheat.”
“This was very organized. And the reason they did these complicated transactions was to disguise the source of the revenue and to deceive the IRS from paying taxes.”
Rep. James Comer on the investigation into Biden family business dealings:
"I think the subpoenas are imminent. I think this is going to be a big week." pic.twitter.com/9zIiaO5VmA
— The Post Millennial (@TPostMillennial) November 5, 2023
According to Comer, a Chinese company called Northern International wired $5 million to Hudson West III, a company established in part by Hunter Biden. That company then sent $400,000 to an entity owned and controlled by Hunter Biden, before transferring another $150,000 to Lion Hall Group.
Lion Hall Group is owned by James and Sarah Biden, the president’s brother and sister-in-law, who then withdrew $50,000 in cash from the company. Later that same day, Sarah Biden deposited the money into her and James Biden’s personal checking account and then cut a $40,000 check to Joe Biden.
The memo line of the check said “loan repayment.”
During the investigation process, Comer said the oversight committee has been obstructed all along the way.
“The IRS is obstructed. The DOJ is obstructed. The Treasury has obstructed. FBI has obstructed, and the Democrats on the House Oversight Committee have pretty much been the Biden legal defense team,” he said.
President Biden has repeatedly denied having connection to his son Hunter’s business dealings overseas, including denying in June 2023 that he was present during Hunter’s text message exchange with a Chinese businessman.
“I am sitting here with my father and we would like to understand why the commitment made has not been fulfilled,” one of the text messages said.