Republicans Zero in on Mysterious $10 Million Dirty Money Payment to Biden-Owned LLC
Freedom Wire

Republicans Zero in on Mysterious $10 Million Dirty Money Payment to Biden-Owned LLC

Congressional Republicans are pushing to investigate the source of nearly $10 million deposited in Joe Biden’s shell company, CelticCapri Corp. The investigation is believed to be linked to allegations of a pay-for-play scandal involving a Ukrainian national, which may explain how the Bidens’ income rose from $400,000 in 2016 (the last year of Biden’s vice presidency) to $11 million in 2017.

The Associated Press claims that the majority of the family income came from Joe Biden’s memoir “Promise Me, Dad: A Year of Hope, Hardship, and Purpose.” However, as noted by Bob Anderson, a writer at The Federalist, Biden’s lucrative book deal would still not account for millions of dollars in income. He wrote that “On 300,000 books sold, gross revenues would’ve been just under $7 million. As an author, Joe would’ve likely received about 12 percent of that using a blended royalty rate (15 percent hardcover and 7.5 percent paperback typical from publishers), yielding about $800,000 income. Round it up to $1 million if you prefer. Double it. It’s still not close to $8 million.”

According to a 2017 FBI informant, there are allegations that the Biden family received a $10 million bribe in exchange for using Joe Biden’s political influence as Vice President to pressure the Ukrainian government into firing their Prosecutor General, Viktor Shokin. Shokin was investigating the Ukrainian energy company, Burisma Holdings, where Hunter Biden was employed and there were allegations of corruption. As a result of this pressure, Shokin was fired in 2016.

Republican lawmakers have expressed their concern about the operation of this dubious pay-for-play scandal. Representative Eli Crane (R-AZ) tweeted about the CelticCapri Corp connection that, “It would shock no one in this town if Joe Biden received millions of dollars from selling out the country in a bribery scheme and then hid that money in shady shell companies.”

Senator Ron Johnson (R-WI) similarly tweeted “For years I’ve been saying there is a much larger story than Biden family corruption. The corruption inside our federal agencies and MSM is extensive. We need more whistleblowers to come forward and tell us the truth. That is the only way to restore integrity and credibility.”

Senator Ted Cruz (R-TX) said, “You’re looking at a tax return that has $10 million in cash that came from a mystery source.”

James Comer (R-KY), who is the Chairman of the House Oversight Committee, tweeted that the problem was not only the corrupt deal, but also the FBI’s attempt to hide it. “The Bidens received millions from foreign adversaries but still won’t tell the American people what they were selling. Now whistleblowers have revealed a Justice Department cover up. This is public corruption at the highest level.” The Chairman vowed that his committee “will provide accountability.”

Written by Jon Archer - July 5, 2023