Busted! Hunter Biden Still Getting Big Money From China Despite Claiming He Resigned
Hunter Biden has been busted again, he still is getting a paycheck from China despite claiming in October he would resign breaking former Vice President Joe Biden’s promise that his family would be out of foreign markets by December.
In November Hunter Biden’s lawyer announced that Biden had resigned from the Chinese private equity firm, BHR.
The Daily Caller obtained business records on Tuesday that showed Hunter Biden is still a director at BHR and is still receiving a paycheck.
The Daily Caller discovered:
Chinese business records the DCNF accessed Tuesday still name Hunter Biden as a director of BHR. He also retains a 10% equity stake in BHR through his company, Skaneateles LLC, business records for the Chinese private equity firm show.
BHR manages the equivalent of $2.1 billion in assets, according to its website. Hunter Biden has served as an unpaid member of BHR’s board since its founding in 2013, and in October 2017 he obtained his equity stake in the firm with a $420,000 investment, according to Mesires.
The relationship between BHR and the Biden’s has always been troublesome even the Obama White House was concerned about the relationship according to The New Yorker. At the time the White House was worried that Hunter was exposing his father to criticism.
After the announcement, made by Hunter Biden claiming he would resign from BHR’s board on October 31, Joe Biden said this…
“The statement my son put out today, which I saw when he put it out — I was told it was going to be put out, I did not consult with him about what’s being put out — in fact represents the kind of man of integrity he is.”
The Daily Caller also reported:
Hunter Biden’s continued presence on BHR’s business file does not appear to be due to a processing delay in the NECIPS. The Chinese business records site shows a change for BHR was submitted as recently as March 24 to reflect the resignation of Hunter Biden’s business partner, Eric Schwerin, as the firm’s supervisor.
Schwerin’s relationship with Hunter Biden dates back to at least 2008 when the pair served as lobbyists for Oldaker, Biden & Belair.
Hunter Biden’s company, Skaneateles, also retains its 10% equity stake in BHR, according to the Chinese business records. Hunter Biden is the sole listed beneficial owner of Skaneateles, Washington, D.C. business records show.
The Biden’s have been busted.