A donor and friend of Joe Biden told lawmakers on Thursday that he lent Joe Biden's brother James $800,000 but only received half of it back, people familiar with the matter told the Caller. Ta.
Joseph Langston, former fundraiser for Joe Biden 3 years The defendant, who is in prison for conspiring to bribe a judge, testified before members of Congress on Thursday that he lent James Biden $800,000 but only $400,000 was returned. A source said he recalled the incident. (Related: When Joe Biden became president, Comer says Chinese companies sent Biden companies $3 million to “thank them for their work.”)
Langston loaned money to James Biden four times in 2016 and once the following year. He could not recall loans from other years, the person said. No financial documents exist regarding the loan between Mr. Langston and Mr. Biden.
WILMINGTON, DE – NOVEMBER 7: President-elect Joe Biden hugs his son Hunter Biden after addressing the nation at the Chase Center on November 7, 2020 in Wilmington, Delaware. After four days of counting a large number of mail-in ballots in key battleground states due to the coronavirus pandemic, the race was called for Biden in a tight race against Republican incumbent President Donald Trump. (Photo by Andrew Harnik Poole/Getty Images)
House Republicans sent a meeting request to Langston in November as part of an impeachment inquiry into President Joe Biden's apparent role in his son's overseas dealings. Eric Schwerin, a former business associate of Hunter Biden, testified Tuesday and said he provided free financial services to Joe Biden, people familiar with the matter told the Caller.
James Biden is Hunter Biden's uncle and business associate who was involved in Hunter Biden's overseas business dealings with the Chinese company CEFC after Joe Biden became vice president.Hunter Biden's relationship with CEFC began during Joe Biden's vice presidency, according to Hunter Biden's federal taxes indictment Testimony in California and that of former business associate Rob Walker.
James Biden previously took out a $600,000 loan from defunct health care company Amecore, which he was unable to repay and filed for bankruptcy. court documents show. Amecore bankruptcy trustee Carol Fox said in court documents that James Biden touted the influence of his last name and promised large investments from the Middle East that never materialized. .
🚨Breaking news🚨
$200,000 direct payment to Joe Biden revealed.
@RepJamesComer Clarify the flow of money. 👇 pic.twitter.com/0vq3lqhRHz— Oversight Committee (@GOPoversight) October 20, 2023
In March 2018, James Biden transferred $200,000 of the Amecore funds to Joe Biden on the same day they were received, House Oversight Committee Chairman James Comer revealed in October.
of check The letter to Joe Biden says the purpose of the payment was to repay a loan.another check James Biden's wife, Sarah Biden, also wrote a $40,000 letter to Joe Biden, which she said was also for loan repayment.
After a series of deals, starting with a $5 million cash infusion from a Chinese company, Sarah Biden wrote a check for $40,000. Hudson West IIIa business venture founded by Hunter and James Biden with CEFC in August 2017, bank records show.
🚨Breaking news🚨
We tracked that money and determined how Joe Biden received $40,000 in laundered Chinese money.
@RepJamesComer Clarify the flow of money. 👇 pic.twitter.com/lH69OUOHid— Oversight Committee (@GOPoversight) November 1, 2023
White House claim that The check to Joe Biden was to repay the loan, but Biden has refused to provide financial documents for the alleged loan. Comer said bank records in his possession do not show any loans were made.
James Biden's testimony for the impeachment inquiry is scheduled to take place on February 21, one week before Hunter Biden's plenary session.
Henry Rogers contributed to this report
