Hunter Biden's $250K wire from China labeled as a 'personal investment'

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EXCLUSIVE: The $250,000 wire Hunter Biden received from his Chinese business partners was labeled as a “personal investment,' despite his legal team claiming the funds were part of a loan and previously saying he never “received any return on his investment,' Fox News Digital has learned.

HUNTER BIDEN RECEIVED $250K WIRES ORIGINATING IN BEIJING WITH BENEFICIARY ADDRESS LISTED AS JOE BIDEN'S HOME

The first wire transfer sent to Hunter Biden, dated July 26, 2019, was for $10,000 from an individual named Ms. Wang Xin. The second wire transfer sent to Hunter Biden, dated Aug. 2, 2019, was for $250,000 from Li Xiang Sheng — also known as Jonathan Li, the CEO of BHR Partners — and Ms. Tan Ling. The committee is trying to identify Ling’s role.The beneficiary for the wires is listed as Robert Hunter Biden with the address"1209 Barley Mill Rd." in Wilmington, Delaware. That address is the main residence for President Biden.

Messires, at the time, added:"To date, Hunter has not received any compensation for being on BHR’s board of directors. He has not received any return on his investment; there have been no distributions to BHR shareholders since Hunter obtained his equity interest."DOJ REVEALS HUNTER BIDEN STILL UNDER FEDERAL INVESTIGATION FOR POTENTIAL FARA VIOLATIONS

As for Jonathan Li, according to testimony from Hunter Biden’s former business associate, Devon Archer, as part of the House Oversight Committee’s investigation, Joe Biden sat down for coffee in Beijing with the CEO of BHR. Archer also testified that Biden wrote a college recommendation letter for Li’s daughter to Georgetown. Archer said Hunter Biden put his father on speakerphone for at least one call with Li in addition to meeting for coffee.

 

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