Hunter Biden got $250k loan from Chinese exec during 2020 election, later his lawyer assumed debt
By Steven Richards and John Solomon
Hunter Biden received a $250,000 loan from a Chinese businessman just three months after his father launched his 2020 presidential campaign, and he later transferred the debt to a Hollywood lawyer he befriended, according to evidence gathered by federal and congressional investigators.
The House Oversight Committee first disclosed a few weeks ago that Hunter Biden had gotten a $250,000 wire in July 2019 and used his father’s address in Delaware for the transfer. It was one of the later known foreign payments that Hunter Biden received before he fell on hard times.
Documents gathered by federal law enforcement and reviewed by Just the News show Hunter Biden considered the wire to be a July 25, 2019 "loan" from Xiangsheng “Jonathan” Li, a Chinese businessman whom he had been doing business with for over a decade when they created an investment fund under the name Bohai Harvest RST (BHR).
After Joe Biden became president, the records show, Hunter Biden transferred the debt to Kevin Morris, a Hollywood lawyer whom he befriended after they met at a November 2019 Joe Biden campaign fundraiser in Los Angeles.
The debt was "assumed" by Morris on Nov. 17, 2021 when the lawyer acquired Hunter Biden's stake in the BHR partnership and a separate company called Skaneateles, LLC, according to one record reviewed by Just the News. Hunter Biden "is no longer the primary obligor" as a result of the transaction with Morris, that memo stated.
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https://justthenews.com/accountability/political-ethics/250k-wire-hunter-bidens-chinese-partner-was-loan-assumed-lawyer
