Whistleblower concerns about Hunter Biden firms first surfaced in spring 2015, SEC memos show
Morgan Stanley whistleblower raised concerns to bank, federal regulators about “fraudulent” schemes, “suspicious” transactions.
By John Solomon
Updated: September 6, 2023 - 8:54pm
Banking whistleblowers first began raising alarms about Hunter Biden’s business deals as long ago as Spring 2015 while his father was still serving as vice president, flagging what they feared were “suspicious” transactions and “fraudulent" schemes. One of the bankers became so concerned he eventually escalated his concerns to the U.S. Securities and Exchange Commission (SEC) only a few days before Donald Trump won the presidency in 2016, according to documents provided to Congress and obtained by Just the News.
“Due diligence on involved parties reveals less than clean records,” a Morgan Stanley investment bank compliance presentation from May 2015 stated, specifically providing a dossier about Hunter Biden’s background, his expulsion from the Navy, his association with the Ukrainian energy company Burisma Holdings and photos of the future first son with Barack Obama and Joe Biden.
You can view that presentation here.
File
MorganStanleyWBFile.pdf
The presentation is one of the earliest known whistleblower activities to raise serious questions about Hunter Biden and his foreign business exploits. It triggered suspicious activity reports (SARS) filed by banks and a SEC complaint that would eventually lead to the 2016 indictment of several Hunter Biden business partners in a bond fraud scheme and later FBI and IRS investigations targeting Hunter Biden himself for tax evasion.
While SARS reports are frequently generated by compliance officers in the financial industry, the step of independently reporting information directly to the SEC is much more rare.
more
https://justthenews.com/accountability/political-ethics/whistleblower-concerns-about-hunter-biden-firms-first-surfaced
