Court records from Hunter Biden’s imperiled plea deal with the Department of Justice (DOJ) divulge details on more than $2.6 million the first son received from China and affiliates of the Chinese Communist Party (CCP).
Earlier, the DOJ announced a plea agreement with Mr. Biden, President Joe Biden’s son, whereby he would plead guilty to two misdemeanor tax crimes and would have a felony gun charge diverted.
During a July 26 hearing on his plea deal with the DOJ, Mr. Hunter Biden admitted to having received money from the Chinese energy firm CEFC. In exhibit 1 of his plea agreement, prosecutors went more in-depth on transactions between the first son, Chinese companies, and CCP affiliates.
Income received from such sources is listed as at least $2.6 million in all, however the total is likely substantially higher due to the combined way some of his income was listed in the document. Mr. Hunter Biden’s total income from foreign companies between 2017 and 2018 is confirmed by the sworn statement to have totaled roughly $4.9 million, in addition to $1 million in legal services for a CCP-affiliated Chinese national.
Though past reporting had already divulged information about Mr. Hunter Biden’s business dealings in China, the document, signed by the younger Biden himself, means that he has now affirmed having received such income under penalty of perjury.
The exhibit attached to the plea agreement details how, despite lucrative streams of income from various sources, Mr. Hunter Biden failed to pay his income tax bill to the Internal Revenue Service (IRS) for years.
Biden Received Millions From Chinese Firm
First, the report details that Mr. Hunter Biden in 2017 received “just under $1 million from a company he formed with the CEO of a Chinese business conglomerate.”
The income flowed to Hudson West, a company Mr. Hunter Biden founded with Chinese businessman Ye Jianming in 2017.
That income came from CEFC China Energy Co. Ltd. (CEFC), an energy company founded by Mr. Ye for which Mr. Hunter Biden provided consultation and legal assistance. Mr. Ye and his company reportedly have close ties with the Chinese communist regime and the People’s Liberation Army.
