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→Owasco and Hudson West
==Owasco and Hudson West==
==Owasco and Hudson West==
'''14 August 2017 to 3 August 2018.''' Hunter Biden moved large sums of money from his firm, Owasco, to James Biden’s consulting firm, the Lion Hall Group. Owasco sent 20 wires totaling $1,398,999 to the Lion Hall Group, a consulting firm that lists James Biden and his wife, Sara Biden, on the bank account. This transaction was identified for potential criminal financial activity. These transfers began less than one week after CEFC Infrastructure Investment wired $5 million to Hudson West III and Hudson West III sent its first payment of $400,000 to Owasco. Most of the payments from Owasco to the Lion Hall Group had vague notes in the memo lines, 15 of which simply indicated that they were for further credit to James Biden; however, the memo line for one of the payments read “HW3,” which indicates some of the transferred money could be from Hudson West III. When the bank contacted Sara Biden regarding the overall wire activity, she stated that the Lion Hall Group and Owasco provide international and business consulting and that the Lion Hall Group was assisting Owasco with an international client through a contract that had since terminated. Sara Biden told the bank that she would not provide any supporting documentation, and she also refused to provide additional information to more clearly explain the activity. Consequently, the bank submitted the account for closure.
*'''17 August.''' Just days after the first transfer from Hunter Biden's Owasco PC to Jim Biden's The Lion Hall Group, it was publicly announced that Ye Jian Ming’s CEFC Energy was in talks to purchase a stake in the Russian state-owned energy company [[Rosneft]].<ref>Kane Wu, [https://www.reuters.com/article/us-rosneft-m-a-china/exclusive-chinas-cefc-in-early-talks-to-buy-rosneft-stake-sourcesidUSKCN1AX1CP Exclusive: China’s CEFC in early talks to buy Rosneft stake- sources], ''[[Reuters]]'' (Aug. 17, 2017).</ref> [[Christopher Wray]] represented Rosneft interests in the United States.<ref>https://edition.cnn.com/2017/06/20/politics/kfile-fbi-nominee-law-firm-bio/index.html</ref> Biden family interests in partnership with CEFC's acquisition of a stake in Rosneft would be a violation of the [[Magnitsky Act]].
:*Around the same time, there were also outgoing wires from Hudson West III to various accounts associated with Ye and Gongwen, including CEFC Infrastructure Investment, Coldharbour Capital (located at [[Gongwen Dong]]’s address), Gongwen’s personal bank account, a separate bank account for Hudson West V, and Bo Jian Group Investment Company (a company with a complex ownership structure controlled by Ye Jian Ming in which Gongwen Dong is also reportedly a part owner). These transactions and the transacting entities begin to paint a mosaic of the complex corporate structure that existed between entities linked to Hunter Biden and his associates and family and Chinese companies linked to the Communist government.
:*Senate investigators were able to confirm that Hunter Biden’s associate, Gongwen Dong, is connected to seven of the eight numbered Hudson West corporate entities. The exception is Hudson West II; however, that entity shares a permanent mailing address with Hudson West V, which has a bank account that is connected to Gongwen. Thus, it appears that Hudson West II is most likely connected to him. The Hudson West entities are important entities in the flow of funds among and between Ye, Gongwen, and Hunter Biden and his associates. There are frequent fund transfers across these numbered Hudson West entities, and transactions involving all eight have been identified for potential criminal financial activity. For example, Hudson West III was not the only Hudson West entity associated with CEFC, Ye Jian Ming’s business. According to reporting, Hudson West V maintains an ownership interest in CEFC Infrastructure Investment, a subsidiary of CEFC. By extension, this means Hudson West V is linked to Ye Jian Ming and the aforementioned $5 million payment to Hudson West III on 8 August 2017. Hudson West V also reportedly had ownership in a series of other companies: Hudson West Partners LLC, Hudson West Aggregator LLC, Hudson West VIII LLC, and Hudson West VII LLC which begins to show the complex corporate structure at play.
*'''8 September.''' [[CEFC]] acquired a 14 percent stake for US$ 9 billion in the Russian state-run oil giant [[Rosneft]].<ref>https://www.scmp.com/business/companies/article/2110417/chinas-cefc-buys-14pc-russian-oil-company-rosneft-us9-billion</ref>
:*Hunter Biden and Gongwen Dong, a Chinese national who executed transactions for limited liability companies controlled by Ye Jian Ming, applied to a bank and opened a line of credit under the business name Hudson West III LLC (Hudson West III).<ref>Katherine Clarke, ''[https://www.wsj.com/articles/a-top-chinese-oilmanvanishes-and-a-manhattan-buying-binge-ends-1540478781 A Top Chinese Oilman Vanishes, and a Manhattan Buying Binge Ends]'', THE WALL STREET JOURNAL (Oct. 25, 2018).</ref> Hunter Biden, James Biden, and James Biden’s wife, Sara Biden, were all authorized users of credit cards associated with the account. The Bidens subsequently used the credit cards they opened to purchase $101,291.46 worth of extravagant items, including airline tickets and multiple items at [[Apple Inc.]] stores, pharmacies, hotels and restaurants. The cards were collateralized by transferring $99,000 from a Hudson West III account to a separate account, where the funds were held until the cards were closed. The transaction was identified for potential financial [[criminal]] activity.
==Senate investigation==
==Senate investigation==