On Wednesday, House
Republicans
unveiled their investigation into the Biden family’s financial interests with foreign entities. Their
36-page report
illuminates a complex web of shell companies operated for the lucrative benefit of several Biden family members. Most notably,
Hunter Biden
.
Let’s set aside the legal and ethical implications of this affair, which raise questions about what those foreigners thought they were getting in exchange for large sums of money. My wheelhouse is counterintelligence – protecting American interests and persons against foreign espionage efforts. Here the report’s findings, which focus on Communist
China
, can confidently be termed explosive.
WHY THE CHINA CONCERN STANDS APART IN THE BIDEN FAMILY’S BUSINESS DEALINGS
The outline of this story has been known since Hunter Biden’s laptop came to light in 2020, despite extensive efforts by the Democratic-Media-Tech complex to hide its contents. The heart of the scandal is lucrative dealings by Biden Inc. with a Beijing firm called CEFC China Energy, which appeared out of nowhere a decade ago and quickly became a big player in global energy markets, only to mysteriously disappear in 2018. CEFC was the firm that Biden Inc. got chummy with once
Joe Biden
ended his second term as vice president in January 2017.
CEFC’s efforts to enter a relationship with Biden Inc. date to late 2015, when Joe Biden was still vice president. Moreover, CEFC employed multiple shell companies to mask high-dollar payments to Biden Inc. Hunter Biden forged relationships with CEFC’s boss Ye Jianming as well as Gongwen “Kevin” Dong, who was CEFC’s “emissary” to the United States. Hunter Biden likewise got chummy with another CEFC bigwig, Chi Ping “Patrick” Ho (Ho was the friend memorably referred to by Hunter Biden as “the f*****g spy boss of China”).
In other words, Hunter Biden knew exactly what sort of people his friends from Beijing were. During the critical 2017-18 time frame, it was hardly a secret that CEFC was closely allied with the Chinese Communist Party, its military, and its intelligence services. Even CNN in 2018
admitted
that CEFC leadership, above all Ye Jianming, appeared to be unusually close with Chinese intelligence. Before that, CEFC was run out of the Czech Republic thanks to its
shady
business acquisitions, plus its efforts to buy off Czech politicians and influencers were so blatant that they got the attention of Prague’s counterintelligence service. CEFC’s activities in the Czech Republic represented a
classic case
of weaponizing a front company to lavish funds in the service of Beijing’s interests.
By the time Biden Inc. decided to take millions of dollars from CEFC for unspecified services, it was known to Western counterintelligence to be a front for Chinese espionage. Moreover, Patrick Ho was identified by the FBI as a Chinese spy right when Hunter Biden was becoming his friend and partner. CEFC started to come crashing down in late 2018 when Ho was convicted on multiple counts of bribery and money laundering, which the Justice Department only learned about because they were already
spying
on Ho per the Foreign Intelligence Surveillance Act. They were spying on Ho because they knew CEFC was a Chinese spy front.
Therefore, the FBI had the goods on CEFC when they got into bed with Biden Inc. The intelligence community had to know in real-time, or close, about the shady financial dealings between CEFC and the Bidens. Where are those intelligence reports now? House Republicans need to ask that, among other questions.
We know that Biden Inc. got rich off a Chinese intelligence front — in exchange for what, we cannot say. We also know that Joe Biden and Hunter Biden lied about taking Chinese money and their family’s relationship with CEFC. The public deserves the full story of what may be one of the biggest scandals in presidential history.
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John R. Schindler served with the National Security Agency as a senior intelligence analyst and counterintelligence officer.
