According to a leaked email from President Biden’s office, he agreed to pay more than $800,000 of Hunter Biden’s legal costs while he was working for a Chinese firm.
A spreadsheet was attached to the email, which included debts owed by Hunter, raising questions about his father’s repeated assertions that they never spoke about Hunter’s international business transactions.
Hunter’s former aide, Katie Dodge, sent an email to a Leesburg, Virginia accountant named Linda Shapero announcing her resignation on January 17, 2019.
“I just spoke with Hunter about his bills,” Dodge wrote. “It is my understanding that Hunt’s father will pay these expenses in the short term while Hunter transitions into his profession.”
The subject line of the email read, “Welcome VP team,” and it was cc’d to Hunter Biden and Richard Ruffner, who was an aide to Joe during his time as VP after leaving office and when he ran for president.
The spreadsheet sent with the email reveals Hunter Biden owing over $130,000 in legal bills due “ASAP” to an attorney group called Faegre Baker Daniels, with $28,382 being charged to him for “BHR Restructuring.”
The name BHR stands for “Bohai Harvest RST Equity Investment Fund Management,” which is a Chinese firm in which Hunter had a 10 percent stake through Skaneateles LLC, according to some analysts.
40 percent of BHR is owned by Chinese groups like the Bank of China, which is a government-controlled organization under the Chinese Communist Party.
According to reports, Hunter Biden owed Faegre Baker Daniels another $20,909 for the Burnham Restructure, which referred to the Burnham Financial Group. Devon Archer and others invested in this project as a strategy to build their own financial services corporation.
Hunter maintained an office at Burnham’s New York headquarters, where he was supposed to join up with a money-management firm as part of a “roll-up” merger. Hunter appears never to have used the office, and the partnership between them never took place.
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