Comer says overseas payments to Biden family could exceed $40M

Members of President Biden’s family may have accepted in excess of $40 million from foreign nationals in exchange for favorable policy decisions, House Oversight Committee Chairman James Comer suggested Wednesday.

The Kentucky Republican said that his panel has identified “six specific policy decisions” where Biden, 80, took actions that indicate he may have been “compromised,” during an appearance on John Catsimatidis’ “Cats & Cosby Show” on WABC 770 Wednesday.

Comer noted that of the six policy decisions, four of them “were made while Joe Biden was president early on — [where] we cannot come to any other conclusion as to why these decisions were made, other than the fact that this president is compromised.” 

“This was organized crime. There’s no other way to define it,” Comer alleged. 

The Oversight Committee chairman explained that as recently as “in the last five days” his panel has obtained banking statements and suspicious activity reports that show “more bank accounts, more shell companies and more Bidens” being involved in the family’s overseas influence peddling scheme. 

“We’re going to try to determine how much money the Bidens took, and what role Joe Biden played in all of this … It’s a huge puzzle,” Comer said of the GOP-led committee’s investigation. 

“Around 30 to 40 different banks, and about that many different shell companies. This is an organized attempt by the Biden family to hide the source of money going into these shell companies, and to distract from the IRS so they wouldn’t have to pay taxes on it. And that’s exactly what the IRS whistleblowers alleged in the transcribed interview with the Ways and Means Committee — that the Biden family never paid money on any of these wires that came into these shell companies,” he added. 

IRS whistleblower Gary Shapely told Fox News host Bret Baier on Wednesday that in 2017 and 2018 alone, first son Hunter Biden ducked a $1.2 million tax bill, and that there is likely hundreds of thousands of dollars more in income from previous years that he failed to report.  

“I mean to this day, there’s still around $400,000 of unreported income from Burisma [Holdings] in 2014,” Shapley said. “Hunter Biden was told by his partner, Eric Schwerin, that he needed to amend his returns, and he never did.”

Comer told Catsimatidis that he’s “confident” his investigation will prove the Biden family raked in “at least $17 million” from overseas, but that the “transactions could exceed $40 million-plus.”

Comer has identified nine members of the Biden clan — including Hunter, the president’s brother James Biden, his brother’s wife, Sara Biden, the widow of the president’s late son, Hallie Biden, Hunter’s current wife, Melissa Cohen Biden, and Hunter’s ex-wife, Kathleen Buhle — as having allegedly received foreign income.