Biden’s $2.75 Million Dollar Rehoboth Beach home
On July 30th, 2017, Hunter Biden allegedly contacted his Chinese business partner, Henry Zhao, a director of Harvest Fund Management.
The communication reportedly included a demand for payment of $5 million and a threat issued by both Hunter and Joe Biden. This incident came to light after IRS whistleblower Gary Shapely revealed the details on June 1st.
Prior to this event, Harvest Fund Management had invested in BHR Partners – a private investment firm co-owned by the Bank of China and founded in 2013 by Hunter Biden. Following this incident, Joe Biden purchased his luxury $2.75 million Rehoboth Beach Delaware home with all cash.
The July 2017 WhatsApp message Hunter Biden sent to Henry Zhao is as follows according to the IRS whistleblower:
“I am sitting here with my father and we would like to understand why the commitment made has not been fulfilled. Tell the director that I would like to resolve this now before it gets out of hand, and now means tonight. And, Z, if I get a call or text from anyone involved in this other than you, Zhang, or the chairman, I will make certain that between the man sitting next to me and every person he knows and my ability to forever hold a grudge that you will regret not following my directions. I am sitting here waiting for the call with my father.”
On August 8, 2017, a CEFC-affiliated investment vehicle (Northern International) wired $5 million to the bank account of Hudson West III. This loan was described as an ‘interest-free loan’, likely in an attempt to avoid taxation.
Over the course of the next year, $4,790,375 was transferred directly from Hudson West III to Hunter Biden’s firm Owasco.
Coincidentally, Joe and Jill Biden had recently purchased a six-bedroom second property in Rehoboth Beach for $2,744,001 on June 8th – just seven weeks before his son’s shakedown messages were sent out.
Further investigation revealed that there was no record of a mortgage lien against the Rehoboth property until last December when they opened a $250,000 HELOC (home equity line of credit) against it.
The White House refuses to say why Joe Biden quietly secured the $250,000 home equity line of credit.
House Oversight Chairman James Comer responded to the latest evidence of Biden family corruption in a statement to The Daily Mail:
“The fact that Joe Biden purchased a luxurious beach house around the same time his family was receiving millions from a CCP-linked company raises many questions that need to be answered,” Comer told DailyMail.com.
“The House Oversight Committee will continue to follow the money trail to determine the extent of President Biden’s involvement in his family’s influence-peddling schemes and its impact on our national security,” Comer added.
White House reporters throughout the summer have consistently asked National Security Spokesperson John Kirby and Press Secretary Karine Jean-Pierre if President Joe Biden was present when a threatening message was sent to Henry Zhao via WhatsApp.
“Have you spoken to the president about this? Have you asked him whether he was there with his son on July 30, 2017?” a reporter asked KJP over the summer.
“This is not a conversation that I’ve had with the president,” KJP said.
However, pictures from the “Laptop From Hell” place Hunter at Joe Biden’s Wilmington, Delaware house on the same day he invoked his dad’s name to threaten a Chinese...
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