There are red flags aplenty: Loan repayments between Joe Biden and his brother; millions in promissory notes between Hunter Biden and a Democrat-donating Hollywood lawyer; and debt deals from Ukraine to China.
As the House impeachment inquiry heats up, investigators are increasingly focused on a trail of red ink that has become a recurring theme in evidence chronicling the first family’s finances.
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Hunter Biden received a $250,000 loan from a Chinese businessman just three months after his father launched his 2020 presidential campaign, and he later transferred the debt to a Hollywood lawyer he befriended, according to evidence gathered by federal and congressional investigators.
The House Oversight Committee first disclosed a few weeks ago that Hunter Biden had gotten a $250,000 wire in July 2019 and used his father’s address in Delaware for the transfer. It was one of the later known foreign payments that Hunter Biden received before he fell on hard times.
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