“Multiple sources tell CBS News that the federal investigation into Hunter Biden’s business practices is broader than previously known,” CBS investigative journalist Catherine Herridge reported on Wednesday.
“The probe is exploring whether the younger Biden and his associates violated tax, money laundering and foreign lobbying laws,” she added.
“Business records reviewed by CBS News and documents released by Republicans in Congress indicate multiple transactions involving Hunter Biden, his firm and a Chinese energy company called CEFC. Republicans allege that the company is an arm of the Chinese government,” reported Herridge.
“In 2017, the year after Joe Biden left the vice presidency, a one-million dollar retainer was signed with the Chinese energy company for Hunter Biden’s services as a lawyer,” Herridge continued. “His client — a CEFC official, Patrick Ho — was later convicted of international bribery and money laundering charges for unrelated work in Africa.”
A federal probe into Pres. Biden’s son Hunter is underway. Sources tell @CBSNews it is broader than previously known. White House declined to comment + referred reporters to earlier statement POTUS never “considered being involved in business w/his family.”pic.twitter.com/44YaRSoS9B
— Catherine Herridge (@CBS_Herridge) March 30, 2022