Rep. Comer Demands Answers From Hunter Biden’s Financial Adviser

Contact Your Elected Officials
The Epoch Times Header

The top Republican on the House Oversight Committee is pressing financial adviser Edward Prewitt on Hunter Biden’s allegedly suspicious foreign activities that have been flagged by U.S. banks.

“More than 150 transactions from the Bidens’ business dealings have been flagged by U.S. banks through filings of Suspicious Activity Reports (SARs) to the Financial Crimes Enforcement Network,” Rep. James Comer (R-Ky.) wrote in a July 27 letter (pdf) to Prewitt, who’s a managing director for investments at Prewitt Mahler Tucker Private Wealth Management Group.

U.S. banks are required by law to flag cash transactions exceeding $10,000 per day and automatically file SARs in an effort to prevent criminal activities, such as money laundering and tax evasion.

“Text messages show that Hunter Biden was aware of these SARs and took steps to avoid detection in his financial dealings,” Comer wrote. “Information reviewed by Committee Republicans reveals you were advising Hunter Biden on financial transactions when U.S. banks were flagging suspicious activity by the Biden family.”

His letter to Prewitt is Comer’s latest effort to seek information on the alleged suspicious transactions since CBS News disclosed them in April. In the following month, Comer sent letters to Treasury Secretary Janet Yellen and 13 banks seeking financial records and documents in connection to Hunter Biden; his uncle, James Biden; and business associates Eric Schwerin and Devon Archer, among others.

The 13 banks included Morgan Stanley, Citi Bank, Bank of America, TD Bank, Wells Fargo, and Bank of China.

On July 6, Comer reiterated his demand for information when he sent a second letter to Yellen, saying that her department’s failure to respond should “raise new questions about the degree to which the Biden Administration is using the federal government to provide cover for the Biden family and its associates.”

Comer wrote in his letter to Prewitt: “As Hunter Biden’s financial advisor, you are in a unique position to know how these transactions originated and why they were flagged by U.S. banks. As such, we request information regarding Hunter Biden’s financial transactions, including any documents related to SARs.”

By Frank Fang

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Trump’s Proposal For NATO To Stop Buying Russian Oil & Start Tariffing China Is Unrealistic

Trump proposed on social media that NATO stop buying Russian oil and start tariffing China 50-100% as part of his plan for ending the Ukrainian Conflict.

The Choices We Make

Death and disagreement are inevitable. Love and hate are choices. We will all die. Before we do, what choices will we make?

Elon Musk Speaks at Unite the Kingdom Rally

Tommy Robinson held rally, with Elon Musk appearing virtually, calling attention to leftist politicians who allow foreign immigrants to invade England.

Doxed Democrats Are Getting Fired Left and Left

Not a misprint because a title of “left and...

Hold Up, Feds, Without Federalism, There Is No USA

Federalism is essential to governing the U.S., yet the federal government is undermining it by bribing states to implement unnecessary federal programs.

ABC Reporter Apologizes for Calling Texts From Kirk’s Alleged Murderer ‘Very Touching’

ABC reporter apologized after describing text messages between Charlie Kirk’s alleged murderer and the man’s boyfriend as “very touching.”

Federal Reserve Cuts Interest Rates for First Time in 2025

The Federal Reserve cut interest rates for the first time this year following its two-day policy meeting that concluded on Sept. 17.

Driver Rams Car Into FBI Pittsburgh Gate in Potential Act of Terror, Official Says

Driver crashes car into FBI Pittsburgh office gate in a suspected targeted attack the agency says may be an act of terror against the bureau.

RFK Jr. Plans to Change Childhood Vaccine Schedule, Ousted CDC Director Says

Health Secretary Robert F. Kennedy Jr. plans to change the immunization schedule for children, Susan Monare, fired director of the CDC testified.

Rubio Says US Visa Revocations Underway After Charlie Kirk Death Celebrations

SoS Marco Rubio said foreign nationals who made celebratory comments over Charlie Kirk’s assassination will have their U.S. visas revoked.

Trump Supports Designating Antifa a Terrorist Organization

President Trump said he would support designating the antifa movement a terrorist organization in the wake of Charlie Kirk’s assassination last week.

US Conducts Strike on Another Drug Boat From Venezuela: Trump

Three people were killed in a U.S. strike on a Venezuelan drug boat, President Donald Trump announced on Sept. 15.

Trump Signs Memo Targeting Direct-to-Consumer Pharmaceutical Advertising

President Trump signed a memo to ensure drug ads give fair, balanced, and complete information to protect and inform American consumers.
spot_img

Related Articles

Popular Categories

MAGA Business Central