The private equity firm of former Vice President Joe Biden’s son Hunter Biden inked a billion-dollar deal with a subsidiary of the Chinese government’s Bank of China just 10 days after the father and son flew to China in 2013.
The Biden bombshell is one of many revealed in a new investigative book Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends by Government Accountability Institute President and Breitbart News Senior Editor-at-Large Peter Schweizer. Schweizer’s last book, Clinton Cash, sparked an FBI investigation into the Clinton Foundation.
According to an exclusive New York Post excerpt from the book, the Biden billion-dollar China deal occurred as follows. In 2013, Hunter Biden and the stepson of former Secretary of State John Kerry, Chris Heinz, were managing partners in the private equity firm Rosemont Seneca Partners. In December of that year, Vice President Biden and his son Hunter flew aboard Air Force Two to China. Ten days after the trip, a subsidiary of the Bank of China named Bohai Capital signed an exclusive deal with Hunter Biden and Chris Heinz’s Rosemont to form a $1 billion joint-investment fund called Bohai Harvest RST. The deal was later increased to $1.5 billion.
“The Chinese government was literally funding a business that they co-owned along with the sons of two of America’s most powerful decision makers,” writes Schweizer in Secret Empires.
Neither Joe Biden or John Kerry have yet to comment on how the son of a sitting vice president and the stepson of a Secretary of State were permitted to bag a billion-dollar deal with the Communist Chinese government—nor whether they had any knowledge or involvement in the deal.
Secret Empires is slated to hit bookstores nationwide on Tuesday, March 20.
Biden Family Drama Has Everything: Sex, Hookers, Debt, Cocaine And A Son Sleeping With His Dead Bro’s Wife
Who knew that folksy ex-Veep Joe Biden was sitting on a dirty made-for-TV drama?
The news recently splashed across the New York tabloids that Hunter Biden, the surviving son of the ex-VP, is having an affair with Hallie Biden, the widow of Beau Biden, who died last year of brain cancer. She appropriately appears in all the family funeral pictures mourning alongside other family families.
Two months later, Hunter’s now estranged wife, Kathleen, was out. And now, Hallie is in.
As reported by NYP‘s Page Six, the divorce filings between Hunter and his estranged wife, Kathleen reveal so much more.
Namely, the family’s got debt because of bad boy Hunter Biden’s questionable spending habits that allegedly involve drugs, hookers, strip clubs, incredible debt and an $80,000 bauble that has disappeared.
In 2015, Hunter denied having a profile on Ashley Madison, the dating site for married people, despite the fact that the account was linked to his name and email.
While Kathleen’s filings reveal a den of filth involving other women, a double mortgage on the family home and unpaid taxes, Hunter Biden’s lawyer released a statement that says: “Hunter loves and admires Kathleen as a person, a mother and a friend. He hopes their privacy can be respected at this time.”
With five kids involved — three from Hunter’s marriage to Kathleen and two from Hallie and Beau — the family’s hot mess more than pulls at heartstrings.
To be fair, divorces are ugly as hell. So likely there are no entirely innocent parties here.
But in the meantime, how about those bounced checks to the housekeeper?
Earlier in the week, news broke that Biden is openly in a serious relationship with Hallie. The couple even enjoys the blessings of Joe Biden and his wife, Jill.
Every family has a black sheep. At 43, Hunter joined the military only to leave a year later after testing positive for cocaine use, as reported by WSJ.
But not every family has a black sheep who takes up with his brother’s wife after he dies.
Paging Lifetime….come on, what are you waiting for?
