US President Joe Biden’s first son, Hunter’s company had reportedly received $40 million dollars from its shady business deals with the Russian oligarchs.
According to the exclusive report published by the Daily Mail, it was confirmed by the leaked emails from Hunter’s laptop that the president’s first son had received such an amount of money from Russian oligarch Yelena Baturina, the billionaire widow of a corrupt Moscow mayor.
Not only that, emails also revealed that Hunter also mysteriously received a $3.5million consulting fee from Baturina, prompting the senate to flag his relationship with the Russian oligarch as alarming.
Previously, Baturina’s brother claimed that the money was “a payment to enter the American market.”
However, the “DailyMail.com can now reveal that Hunter’s financial relationship with Baturina was far more extensive, with her firm investing $40million in a real estate venture by Hunter’s company Rosemont Realty,” the media outlet claimed in its report.
Hunter’s overall acquisition plan included acquiring seven office buildings throughout Texas, Colorado, Alabama, New Mexico, and Oklahoma with $52 million in cash and $160 million in leverage, https://t.co/bncEDVlPuE
— MarineGun1791🇺🇸🇮🇱🏴 (@DonDonMarshall1) October 18, 2022
According to the outlet, Hunter’s firm had a $69.7million plan to invest in 2.15million sq ft of office space in seven US cities in 2012 and the money allegedly “came from a mix of investors, including $40million from Inteco Management AG, a Swiss company owned by Baturina,” the DailyMail said.
Forbes also confirmed that Baturina was richest woman in Russia at the time because of her involvement in Inteco group, a plastics and construction behemoth.
“The documents reveal that Hunter’s financial ties to Baturina began years earlier than previously thought – and were much more significant as well. His dealings with foreign billionaires are currently being scrutinized by federal prosecutors, reportedly investigating potential money laundering, illegal lobbying and alleged tax crimes,” the report added.
Hunter Biden’s business dealings with the Russian billionaire became controversial in September 2020 after the Senate Homeland Security Committee released a report to the public, flagging her unexplained wire transfers to a company linked to the president’s son.
“On February 14, 2014, Baturina wired $3.5 million in a series of payments to Rosemont Seneca Thornton LLC for ‘Consultancy Agreement DD12.02.2014. Hunter founded the company a year earlier with his best friend Devon Archer, a former Abercrombie & Fitch model and advisor to John Kerry, now sentenced to a year in prison for fraud. The transactions were flagged in suspicious activity reports filed to the US Treasury Department,” DailyMail continued.
