America’s least favorite family – the Bidens – are facing yet ANOTHER massive scandal after it was revealed that investigators have uncovered MORE ways that Joe Biden improperly benefited from his family’s criminal foreign businesses!
We all know how much Joe Biden has repeatedly claimed that he had “nothing to do with his family’s businesses” and as the family continues to face more scrutiny it’s become increasingly obvious that Joe Biden was perhaps the BIGGEST beneficiary from all of their deals.
GOP Rep. Eric Burlison, who sits on the House Oversight Committee, revealed that he has seen first-hand NUMEROUS documents that reveal more ways in which Hunter Biden and James Biden would pass Joe his cut from their shady deals.
Burlison adds that these documents suggest Joe was raking in the cash both while he was Vice President AND after.
But one of the things that specifically caught Burlison’s eye was the fact that the TREASURY DEPARTMENT flagged a number of Hunter Biden’s transactions involving whole life insurance policies as “suspicious.”
“Whenever I was reading some of the reports and the suspicious activity reports, I saw transactions that were being sent to whole life insurance policies, which if you if you know much about that, it could be a way to hide money, and to avoid taxes is to is to overly fund a whole life policy,” Burlison said.
The implication here is that Hunter Biden may have funneled some of the MILLIONS he received from his influence peddling deals with foreign nationals into life insurance policies – policies which Joe Biden would then gain access to.
These policies accumulate a cash value that can be accessed by the policy holder or be borrowed against. The withdrawals also come tax-free up to the value of the premiums paid.
The policy holder can contribute more to the life insurance plan than required in order to develop tax-free cash reserves against which he can take out loans.
This would allow for a MUCH larger transfer of wealth that, under normal circumstances, wouldn’t have flagged as easily by anybody who decided to take a look through these criminal’s bank accounts – including the U.S. government.
After House Republicans finally pulled the trigger and decided to open a formal impeachment inquiry into Joe Biden, these types of transactions have come front and center as they offer the potential to PROVE that Joe has been helping his family sell influence to foreign nations – an obvious national security threat.
So far, House Republicans have already uncovered funds paid directly to Joe Biden from Hunter’s business accounts which were funded by sketchy deals with Chinese nationals.
Similarly, they have also found payments made directly from James Biden to Joe which ALSO are suspected to have been made with funds that came from a deal with the Chinese.
But of course President Biden and the Democrats want you to believe there’s nothing to see here and the entire impeachment inquiry is merely a “baseless political stunt.”
Are you buying that?