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Joe Biden Used One Simple Trick To Hide Family Scheme

via CSPAN

House Oversight Committee Chairman James Comer discussed allegations of the Biden family using a particularly savvy technique to disguise corrupt transactions during an interview with Fox News’ Maria Bartiromo.

Comer claimed that the family classified payments as loans to avoid paying taxes, describing it as a “very organized criminal enterprise.”

He stated that the purpose of these transactions was to deceive the IRS, and conceal the source of revenue. (Trending: Is It Time For Joe Biden To Drop Out Of 2024?)

“We can connect the dots. Because as you showed on the screen with this series of transactions, that’s called money laundering. And this was a very organized criminal enterprise by the Biden family. This wasn’t just some drug addict, you know, doing concoctions and making wild transactions,” Comer said.

“And the reason they did these complicated transactions was to disguise the source of the revenue and to deceive the IRS from paying taxes. So what you’re gonna see in the coming weeks is a lot of loans. Anytime the Bidens have money, they’re gonna claim it was a loan because you don’t have to report loans on your taxes,” he added.

“If you’re the IRS and you’re just looking at someone’s taxes, you would never know that Joe Biden got two checks for loan repayments, $200,000 and $40,000. You wouldn’t know about all the money that we’re going to show that James Biden took in and Hunter Biden took in from loans. Loans is a way — it’s an integral part of money laundering where you deceive from the IRS about the revenue you’re taking in. In other words, you’re a tax cheat.”

The Oversight Committee released bank records showing payments made to Joe Biden, which were classified as loan repayments. (Trending: CNN Poll Is Bad News For Biden)

The White House defended the payments, accusing Comer of possessing records showing that Joe Biden gave the money to his brother as a loan.

Comer disputed this claim, stating that the bank records did not show evidence of a large loan.

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