Shortly after his son, Hunter, wrote a text message that was viewed as menacing to a Chinese business acquaintance, where he demanded a $10 million transaction, Joe Biden bought a house in Rehoboth Beach for a sizeable sum of $2.75 million in cash.
Joe Biden’s vacation property in Delaware is his preferred getaway location, and he has been there frequently while serving as president. Despite being referred to as a president-in-name-only, he has spent at least 300 days either working in this country’s second-smallest state or traveling.
The purchase of the beach house, however, might potentially pose a significant problem for Biden. Republicans are actively looking for more connections between the current president and the illegal influence-peddling schemes of his family.
According to The Daily Mail, President Biden, who has spent the majority of his life working for the public good, paid little under $2.75 million cash for the house. Hunter Biden sent Henry Zhao, a colleague at the Chinese energy firm CEFC, a troubling text message at the same time as he made this transaction, in which Hunter asked for a $10 million yearly contract.
“I am sitting here with my father, and we would like to understand why the commitment made has not been fulfilled,” on July 30, 2017, Hunter sent a WhatsApp message to Zhao.
Hunter appears to caution Zhao at 9:45 a.m, “Tell the director that I would like to resolve this now before it gets out of hand. And now means tonight.”
“And Z if I get a call or text from anyone involved in this other than you, Zhang or the chairman I will make certain that between the man sitting next to me and every person he knows and my ability to forever hold a grudge that you will regret not following my direction.”
“Ok my friend – I am sitting here waiting for the call with my father. I sure hope whatever it is you are doing is very, very, very important,” he said.
Based on metadata derived from images on Hunter’s infamously abandoned laptop, new information reveals that Joe Biden might have been present at his father’s Wilmington home on the day the text was written. It’s crucial to remember that there isn’t any solid proof that they were ever together.
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Property records show that on June 8, 2017, Joe paid a hefty sum of $2,744,001 for a magnificent second home with six bedrooms. Only seven weeks had passed after this purchase before the upsetting episode involving extortion messages directed at his son.
Joe paid cash for his second home, and no mortgage was ever registered for the deal.
According to the Sussex County recorder, there is no mortgage record for the home at Rehoboth Beach. However, in December of the previous year, Joe and Jill did open a $250,000 secured line of credit.
According to his tax reports, his income increased dramatically from when he was Vice President. Promise Me, Dad, his wildly popular book, and the lucrative speaking engagements he and First Lady Jill Biden took part in were largely to blame for this.
Joe’s impressive 36-year career in the Senate and his eight-year tenure as vice president came to an end in 2017, his first year out of government. Joe and his wife disclosed an amazing $11 million in income for that year. Their income increased by $4.58 million in the following year, 2018, as they reported.
According to Delaware Online, Joe bought his property in Rehoboth with some of the money he received as an advance from a multi-book deal.
Even if the $11 million income reported on the President and Jill’s tax returns was utilized to pay for the house, there are still unexplained discrepancies in the President’s financial disclosures.
His Office of Government Ethics disclosures for the same period differed from his IRS forms by $5.2 million, according to a 2022 investigation.
President Joe Biden and First Lady Jill Biden’s federal tax returns from 2017 to 2019 were made publicly available, disclosing a combined income of $16.5 million.
Their two businesses, CelticCapri Corp and Giacoppa Corp, which act as venues for their speaking and writing engagements, are the main sources of their income.
There appears to be more to the financial picture, despite Joe only disclosing $9.6 million in income for himself and his wife in his files with the Office of Government Ethics (OGE) for the same period.
Joe had to submit OGE reports as both a vice president and a candidate for president in 2019.
A chunk of the remaining $7 million went to the First Lady’s income from Giacoppa and her teaching job at Northern Virginia Community College. The OGE was not obligated to receive a report of these earnings.
When comparing Joe’s income as recorded on CelticCapri’s OGE reports to his income as reported to the IRS, a substantial discrepancy of about $5,180,071 is discovered that is now unaccounted for.
The amount is remarkably comparable to the alleged $5 million bribe made to Joe by Mykola Zlochevsky, the owner of Ukrainian gas company Burisma, according to a reliable FBI source.
A report from a 2020 interview with an unnamed informant claims that Ukrainian magnate Zlochevsky claimed to have given Hunter and Joe $5 million through a convoluted network of offshore accounts during a meeting in 2016. Congress recently made this information public.
The head of the House Oversight Committee and a strong supporter of Biden’s impeachment, James Comer, has voiced his reservations about the home’s acquisition being done solely with cash.
“The fact that Joe Biden purchased a luxurious beach house around the same time his family was receiving millions from a CCP-linked company raises many questions that need to be answered,” said Comer.
“The House Oversight Committee will continue to follow the money trail to determine the extent of President Biden’s involvement in his family’s influence-peddling schemes and its impact on our national security,” Comer added.
By emphasizing the gravity of the transaction, Senator Ron Johnson, who spent years looking into Hunter Biden’s dubious overseas business dealings with Senator Chuck Grassley, underlined the urgent requirement to obtain the Bidens’ bank records.
“The corruption of the Biden crime family has been evident for years,” he said.
The fact that the mainstream media frequently ignores this piece of information highlights how crucial it is to collect the bank records of all Bidens involved in Joe and Hunter’s dubious actions.
On Friday, a new shocking development in the case was made public.
The House Oversight Committee has released further proof showing that James Biden, the president’s brother, received a $200,000 loan from a healthcare provider in March 2018. Interestingly, James signed a check to Joe for the exact amount on the same day, referring to it as a “loan repayment,” which raises significant concerns about possible financial dealings inside the Biden family.
This serves as the first concrete evidence of substantial financial payments to the President coming from Biden family members involved in dubious international transactions. The First Son James and Hunter Biden’s bank records were subpoenaed in order to obtain this proof.
Richard Painter, a former ethics lawyer for the White House, is requesting that Joe Biden provide proof of the $200,000 loan to his brother, which was cited as the justification for the dubious direct payment.
The President and his son have no business ties, according to the White House. However, Hunter’s aides no longer insist that they never brought up his overseas activities.
The charges that Joe Biden participated in an influence-peddling plan with his brother James and son Hunter Biden are still unverified, according to a report from the Daily Mail.
