Hunter Biden recorded monthly rent payments of $49,910 when he lived at the home of President Joe Biden, according to a report found by The New York Post's Miranda Devine.
A document titled “background screening request,” reports that Hunter paid $49,910 per month in rent for a year staying in Joe Biden's Delaware residence in which the president stored classified papers along with the documents in his Corvette inside the garage.
Hunter stated his rental tenancy for the period from March 2017 through February 2018, as the document details. The document was signed by the tenancy manager in July 2018.
In 2017, Joe Biden left the White House and stored a vast amount of classified documents in his Delaware garage, as well as in two other places. The initial batch of documents found were believed to have information related to Ukraine in addition to Iran, CNN reported.
The document also reveals that Hunter marked a box on the form to claim to be the owner of Joe Biden's residence. It's unclear what the motive behind this is. Hunter was able to pay rent when he was the owner of the house.
It's important to note that Joe Biden's tax returns for 2017 in Schedule E only listed $19,800 in “rents received.” In 2018, Biden did not list any rents received.
Owasco PC, Hunter's law firm, is also mentioned in the document as an entity that Hunter owned in the year 2018.
Oversight Committee chair Rep. James Comer (R-KY) believes the majority of Hunter's suspicious transfers, which have been flagged by U.S. banks, involve Owasco PC. Comer is now investigating the Biden family's business for fraud in wire transfers and has asked Hunter's personal wealth manager to turn to him “suspicious” bank records connected to the Biden family business plans.
Since the beginning, wire transfers have long been the preferred method for those who want to launder money. To limit the risk for banks that receive wire transfers with suspicious amounts of $10,000 are identified for scrutiny, transactions that involve more than $10,000 should also be reported to the Internal Revenue Service.
Furthermore, international wire transfers like those made by James Biden and Hunter Biden are monitored by the Office of Foreign Assets Control to ensure that the funds are not part of fraudulent business schemes.
Hunter Biden revealed in a 2019 text message message to his daughter that the Biden family has an arrangement in which Joe Biden collects half his son's earnings.
“I hope you all can do what I did and pay for everything for this entire family for 30 years,” Hunter wrote in his texts with his teenage daughter. “It's extremely difficult. But don't fret because, unlike Pop Joe, I'm not going to make you pay me half your wages.”
As per former Utah U.S. attorney Brett Tolman, the Biden family's payment method could expose the underlying causes of a deeply entrenched business that could be the legal “predicates” for racketeering charges.