The Senate report published this week regarding Hunter Biden's suspicious financial dealings during the years his father, Democratic presidential candidate Joe Biden, was vice president shows a series of bank transfers that "show potential criminal activity."
It was clear from the wording of the Republican-led report that Hunter Biden and his business partners appeared in the Treasury Department's "Suspicious Activity Reports" (SARS).
Some of the notable elements of the report included:
- Biden transferred almost $2 million to his uncle, after which the bank closed the account when Biden was not cooperative when questioned about the large amount.
- Biden transferred thousands of dollars to women linked to human trafficking and prostitution rings in Russia and Ukraine.
- Biden established a number of controversial sources for his finances, including Chinese businessmen tied to the Communist Party and the People's Liberation Army.
Sens. Ron Johnson (R-WI) and Chuck Grassley (R-IA), authors of the report, concluded that Hunter Biden "cashed in on Joe Biden's vice presidency."
"In particular, these documents show that Hunter Biden received millions of dollars from foreign sources as a result of business relationships that he built during the period when his father was vice president of the United States and after," they wrote. "These foreign nationals have questionable backgrounds that have been identified as being consistent with a range of criminal activities, including but not limited to organized prostitution and/or human trafficking, money laundering, fraud, and embezzlement."
Joe Biden's spokesperson Andrew Bates blasted the report, saying Republicans have "wasted months" diverting money away from COVID-19 oversight to pursue a politically motivated investigation.