Monday, December 11, 2023

Hunter Biden-Linked Real Estate Firm Took $100M from Russian Oligarch

'Joe Biden was aware of Hunter Biden’s business arrangements and may have been involved in some of them...'

(Headline USA) A real estate firm tied to President Joe Biden’s son, Hunter, received more than $100 million in property investments over the past several years from a Russian oligarch.

Rosemont Realty, which is connected to Hunter Biden’s now-defunct investment firm Rosemont Seneca Partners, received multiple multi-million dollar investments from Elena Baturina, the widow of the former mayor of Moscow and a close ally of Russian dictator Vladimir Putin, according to the New York Post.

In one deal, Baturina paid Rosemont Realty through her own company, Inteco Management AG, at least $40 million to invest in office buildings across the country, said a source familiar with the deal. Rosemont Realty then used that money in 2012 to purchase buildings in Texas, Colorado, Alabama, New Mexico and Oklahoma.

Baturina’s property investments aren’t the first business deal she struck with Hunter Biden. She also wired $3.5 million to a bank account held by Rosemont Seneca Thornton, an offshoot of Rosemont Seneca Partners, in 2014.

Hunter Biden’s lawyer, George Mesires, denied Biden’s son profited from the transaction, claiming Hunter Biden didn’t have a role in Rosemont Seneca Thornton. 

It is still unclear who pocketed the $3.5 million from Baturina.

But less than two months after the 2014 wire transfer, Hunter Biden and his then-business partner Devon Archer met with Baturina at the Villa d’Este, a hotel in Lake Como, Italy.

President Joe Biden has denied any knowledge about his son’s shady foreign business deals, but a number of whistleblowers within the intelligence community have claimed that Biden not only knew about Hunter’s deals but was actively involved in them.

Documents in the FBI’s possession prove “Joe Biden was aware of Hunter Biden’s business arrangements and may have been involved in some of them,” Sen. Chuck Grassley, R-Iowa, revealed in a recent report.

One document, for example, “notes that then former Vice President Joe Biden met with Hunter Biden and his business associates at a conference in Los Angeles on May 2, 2017 and May 3, 2017,” according to Grassley.

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