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A new report from the House Oversight Committee shines a light on the Biden family’s wide-ranging international business deals.
The Wednesday memorandum was released after the GOP-led committee subpoenaed four different banks — receiving thousands of records in response, according to the document.
Bank records indicate that Biden-controlled businesses raked in more than $10 million from companies controlled by foreign nationals.
Some payments took place while President Joe Biden served as vice president, and others were made after he left office in 2017.
The payments from foreign companies were distributed in incremental amounts to Biden family bank accounts — a tactic that could’ve been used to disguise their ultimate source.
Chinese Communist Party-controlled entities took lengthy steps to funnel payments into entities controlled by Hunter Biden — disguising their ultimate origin in doing so, according to the committee.
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