Democrat presidential nominee Joe Biden denied during the first presidential debate that his son Hunter received a $3.5 million payment from the widow of Moscow’s former mayor, calling the allegation “totally discredited.”
According to a Senate report that included bank records, however, Biden’s private equity firm Rosemont Seneca Thornton did receive a wire transfer in that amount from Yelena Baturina, former Moscow mayor Yury Luzkkov’s widow in 2014 for consultancy work.
Hunter Biden’s lawyer has tried to claim that Biden was not a co-founder of Rosemont Seneca Thornton, did not have financial interest in it, and did not do consulting work for Baturina.
I believe the last part–the “consultancy work” was likely just political influence peddling using his dad’s position as VP.
It is well-known that that Biden incorporated Rosemont Seneca Thornton, LLC, in May 2013 with business associate Devon Archer, but the only way for Hunter Biden and his father to get out of this sticky situation is to deny it.
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