Analysis of Hunter Biden's hard drive shows he, his firm took in about $11 million from 2013 to 2018, spent it fast
From 2013 to 2018, Hunter Biden and company brought rounds about his roles as a lawyer and board member at a Ukrainian company accused of bribery and his work with a Chinese businessman now accused of fraud, according to NBC News analysis $11 million a copy of Biden's hard drive and iCloud account, as well as documents released by Republicans on two Senate committees.
The documents and analysis, which fail to show what he did to earn millions from his Chinese partners, raise questions about national security, business ethics and possible legal exposure. In December 2020, Biden admitted in a statement that he was the subject of a federal investigation into his taxes. NBC News was first to report that an ex-business partner had warned Biden that he should amend his tax returns to disclose $400,000 in earnings from Ukrainian firm Burisma. GOP congressional sources also say that if Republicans retake the House this fall, they will ask for more documents and investigate whether Biden's earnings went to his father, President Joe Biden.
"He's not under any state code of ethics," said Walter Shaub, a former director of the U.S. Office of Government Ethics, who is now an ethics expert with the Project on Government Oversight. However, Shaub added that "it is imperative that no one in the DOJ and no one in the White House interfere with the Delaware criminal investigation." Shaub had previously raised questions about Hunter Biden's new work selling his own paintings, creating the potential to purchase a painting to buy perceived influence, and also because the White House became involved in the transactions and ensured that none of the buyers names will be known to Biden, the White House or the public.
Frank Figliuzzi, the FBI's former deputy director of counterintelligence, said there is a national security risk when foreign powers like China see an opportunity to get close to someone like Biden. "It's all about access and influence, and if you can compromise someone with access and influence, that's even better," said Figliuzzi, now an NBC News staffer. "Even better if that target has already compromised themselves."
The documents and analysis show that few of Biden's deals ever materialized and shed light on how quickly he was spending his money. Expenses compiled on his hard drive show that from October 2017 to February 2018 he spent more than $200,000 per month on luxury hotel rooms, Porsche payments, dental work and cash withdrawals.
Image: Hunter Biden (Andrew Harnik/AP)
Biden has admitted to burning cash to pay for drugs and partying with strangers who routinely robbed him, and he's struggled to pay multiple mortgages or keep up with alimony and alimony payments to his ex-wife. In his autobiography, Beautiful Things, he says that the money from Burisma "became an important enabler during my steepest descent into addiction" and "prompted me to spend money recklessly, dangerously, and destructively." humiliating. So I did."
In a February 2017 divorce filing, an attorney for Biden's ex-wife said the couple's outstanding debt was "shocking and overwhelming" and that they owed $313,000 in back taxes. According to the filing, they had bounced checks to their housekeeper and owed money to doctors and therapists. The filing alleged that Hunter Biden splurged on drugs, strip clubs, prostitutes and girlfriends "while leaving family without money to pay legitimate bills."
The story goes on
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