According to his federal tax indictment in California, a venture capital firm paid Hunter Biden large sums of money after giving him ownership in exchange for introducing him to Chinese and Indian connections. It is shown.

A venture capital firm founded by Hunter Biden's business associates reportedly offered him stock in exchange for introducing him to contacts in China and India, and then sent him a six-figure fee. indictment. (Related article: Hunter Biden's drug addiction defense shattered in new California indictment)

Read the indictment:

“'Global' was a venture capital firm founded and operated by 'trial lawyers.' Defendant and Business Associate 4 sold Global's stock in exchange for introducing trial lawyers to their contacts in China and India. “On or about March 21, 2019, Defendant received approximately $619,000 in distributions from Global via Skaneateles,” the indictment states.

Skaneateles was a business partnership between Hunter Biden and another business partner, with Hunter Biden owning 75% of the company. According to the indictment, Biden made a separate payment of $666,572 from the partnership in September 2017.

Eric Schwerin, Hunter Biden's former accountant and business associate, was a business partner who held a minority stake in Skaneateles, according to emails on Hunter Biden's abandoned laptop archive. The “Global” fund appears to be Eudora Global, an investment company founded by Hunter Biden's former business associate Jeff Cooper, according to the email.

Mr. Schwerin explained the arrangement with Skaneateles and ownership of Eudora in a March 2019 document. Email Revealing the property value of Skaneateles.

“If you look at the entities that remain in Skaneateles, there's a lot of value in that for the fact that I gave up 25% of myself,” Schwerin told Hunter Biden's then-attorney George Mesires. Ta.

“But just to be clear, Hunter and I received Eudora shares as sweat equity in Radix shares. was founded in part on the basis of this relationship,” Schwerin added.

Radix Global Solutions was an international consulting firm that helped clients expand internationally. The company's website is currently disappeared.

Radix Chief Strategy Officer Gregory Mefford becomes a partner at Eudora Global and his background on Eudora archived website Mefford touted Radix's expansion into India and China. The archived page lists Hunter Biden as a partner at Eudora and Cooper as the founder of Eudora Global and Radix Global.

Mr. Schwerin told Mr. Biden and then-business associate Devon Archer in 2010 about a potential fund that Mr. Cooper had proposed to invest in companies looking to expand into China and India. I suggested meeting with business people. His proposal involved Eudora and Rosemont Seneca Partners, the investment firms co-founded by Archer and Biden.

WASHINGTON DC – JANUARY 10: US President Joe Biden's son Hunter Biden departs a meeting of the House Oversight Committee at the Capitol on January 10, 2024 in Washington, DC. The committee is meeting today to consider charging him with contempt of Congress. (Photo provided by Kent Nishimura/Getty Images)

“I got a call today from Jeff Cooper who wanted to talk about starting a $100 million fund that could be used to invest in companies looking to expand into China and India. “We did,” Schwerin said. sent by email his business partners.

“I think he is leading a small amount of money and interest from some people in China and India (Xiaoying and Ravi will help), but it will take our cooperation to raise the money for that. “It's necessary,” he added.

“Ravi” is an Indian contact that Schwerin, Biden and business associate Rob Walker had hoped to meet in Washington, D.C., months after Schwerin had indicated he would reach out to Biden. He seems to be referring to his friend Ravi Kini. e-mail show.

Walker apparently had Kini on the guest list for his wife Betsy Walker's birthday party at a bowling alley in Bethesda, Maryland, in November 2010, when they said they wanted to meet Kini. there was. e-mail show.

According to a report, Rob Walker is a key figure in Hunter Biden's business dealings with the Chinese company CEFC, and told the FBI that he met with CEFC officials after Joe Biden became vice president in December 2020. It is said that he spoke. transcript The interview situation.

The House Oversight Committee subpoenaed Walker in November for a private deposition as part of an impeachment inquiry into President Biden's alleged role in his son's overseas business ventures. The Biden family and their business associates raised more than $24 million from foreign sources, according to a House Republican memo released in September.

House Republicans plan to issue a new subpoena for Hunter Biden to appear in a private deposition to advance the impeachment inquiry. (Related: Hunter Biden flees committee hearing after surprise appearance)

CEFC transferred $3 million to Walker through a State Energy Hong Kong account in March 2017, about $1 million of which was transferred to the Biden family's account. bank records show.

Hunter Biden faces nine federal tax charges in California related to his alleged failure to pay more than $1 million in taxes from tax years 2016 to 2019, the indictment says. Are listed.

The California indictment confirms payments to State Energy Hong Kong and discloses income received by Hunter Biden from Hudson West III, an entity with CEFC employees. According to the indictment, Biden had gross income totaling more than $7 million from 2016 to October 2020.

Hunter Biden's attorney, Abby Rowell, said the charges were a result of political pressure and Hunter Biden's last name. statement Following the indictment. Lowell did not respond to requests for comment.

Hunter Biden pleaded not guilty to tax charges Thursday.