Verdict with Ted Cruz - July 20, 2023


Money Direct from CCP-170 Suspicious Activity Reports-Part One of Deep Dive into Biden Family Corruption with Chairman James Comer


Episode Stats


Length

34 minutes

Words per minute

182.08278

Word count

6,235

Sentence count

625

Harmful content

Misogyny

3

sentences flagged

Toxicity

26

sentences flagged

Hate speech

5

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

The Biden Crime Family and Whistleblowers have come forward. So what did they say? It s our two-part series from Washington, D.C. featuring Rep. James Comer (D-Ky.) and Sen. Ted Cruz (R-Texas).

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
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00:01:26.840 The Biden crime family and whistleblowers have come forward.
00:01:30.360 So what did they say?
00:01:31.600 It's our two-part series from Washington, D.C.
00:01:34.980 It's Verdant with Senator Ted Cruz.
00:01:37.720 Senator, it's like midnight.
00:01:39.720 Whistleblowers have talked today, and we're sitting here with Congressman James Comer,
00:01:43.660 our guest for a two-part series.
00:01:45.920 This is probably going to be one of my favorite episodes that we've ever done.
00:01:50.520 And we're going to go in order of how we got to these whistleblowers.
00:01:54.660 But before we even get to that, you and I talked.
00:01:56.680 We're pulling an audible before the show.
00:01:58.560 We're going to find out exactly what those whistleblowers said today in front of the committee
00:02:02.020 with Congressman Comer.
00:02:03.300 Well, Ben, let me welcome you to Washington, D.C.
00:02:05.440 It's good to be here.
00:02:06.440 It is almost midnight.
00:02:07.580 You're out of Texas.
00:02:08.580 You're out of Memphis.
00:02:09.400 That's right.
00:02:10.060 You are in the swamp.
00:02:11.480 You are in the depth.
00:02:12.340 So my friend James Comer, congressman from the great state of Kentucky, chairman of the
00:02:16.860 House Oversight Committee, has been deep up personal with Joe Biden, Hunter Biden, and
00:02:23.520 the Biden crime family.
00:02:25.360 And I've got to say, when we started using that phrase, Biden crime family, I thought
00:02:30.120 it was too harsh.
00:02:31.560 I was like a little hesitant.
00:02:32.940 Okay, that seems hyperbolic. 0.77
00:02:35.160 Like, I've got to say, every damn day that unfolds, that's less and less exaggeration. 0.92
00:02:40.940 Yeah. 0.79
00:02:41.420 And so James has been, the reason we're starting so late is he's been voting until 11 o'clock
00:02:45.460 at night.
00:02:46.260 So he just left the House floor.
00:02:47.840 This is the reality of Washington.
00:02:51.380 And today, this is going to air on Thursday, but today, Wednesday, as we're sitting here
00:02:57.560 almost midnight, you had a hearing in the House of Representatives that was a big, big
00:03:02.360 deal.
00:03:02.760 You had two groundbreaking whistleblowers.
00:03:07.800 And so I just want to start by asking, what happened today?
00:03:10.920 If someone's busy, they're driving to work.
00:03:13.540 It's Thursday morning.
00:03:14.280 They're driving to work.
00:03:15.260 They didn't have time to turn on the TV yesterday.
00:03:17.120 They didn't watch the testimony.
00:03:18.540 So what did they miss?
00:03:20.400 What happened in the House of Representatives on Wednesday?
00:03:24.020 Well, I think we had a very substantive hearing on a very serious subject.
00:03:27.200 The subject was the Biden criminal activity.
00:03:30.820 And the two witnesses we had were, I think, the most credible witnesses we've had in front
00:03:37.000 of the Oversight Committee in the entire seven years I've been in Congress.
00:03:41.020 These were the two highest ranking IRS career employees from the International Tax Crime Division.
00:03:51.100 So these were the guys that investigate all the suspicious wires, all the foreign influence,
00:03:58.680 any type of tax evasion from foreign entities, the influx of illegal Chinese money.
00:04:04.200 These are the guys that do that.
00:04:05.620 And they're part of an elite team.
00:04:07.780 And there are only 12 on this team.
00:04:09.960 So this was two of the 12, one sixth of the entire international tax fraud team for the IRS.
00:04:16.580 And what they had to say was very concerning because I never knew over the past six months
00:04:22.600 whether or not the IRS even knew about the shell companies that the Bidens had,
00:04:26.940 if they even knew about all the suspicious activity reports that Treasury had that showed
00:04:31.260 that the Bidens were laundering money through shell companies, through various banks.
00:04:35.560 You know, pretty serious accusation.
00:04:37.600 We've been talking about this and the Democrats have said, well, there's no evidence.
00:04:41.820 That's not true.
00:04:42.880 That's fake news, Russian disinformation.
00:04:44.500 So we finally had two whistleblowers come forward.
00:04:48.340 They gave a transcribed interview to the Ways and Means Committee, which is the appropriate process.
00:04:54.560 They're the ones, as you know, in the House that has jurisdiction over the IRS.
00:04:58.580 Then they agreed to come to a committee hearing for the House Oversight Committee.
00:05:04.040 So the American people got to see today a six-hour hearing with 50 members of Congress,
00:05:09.860 each having six minutes to ask these Irish whistleblowers questions.
00:05:16.740 And there were substantive questions on the Republican side.
00:05:18.920 Now, the Democrats, all they thought about was Trump and racism and things like that.
00:05:25.120 But we asked very substantive questions.
00:05:27.120 And what we learned was that the Bidens have committed a series of crimes.
00:05:34.800 There were many more tax evasion issues than what Hunter Biden pled guilty to.
00:05:41.960 The IRS whistleblowers had investigated this for five years, and they were told to stand down by the Department of Justice.
00:05:49.020 And what happened is they took so long, they let a lot of the statutes and limitations expire to where the penalties that the Bidens were going to have to plead guilty to kept shrinking and shrinking and shrinking.
00:06:01.780 There was nothing left.
00:06:03.220 And Hunter serving zero jail time.
00:06:05.240 That's right.
00:06:05.720 Zero jail time.
00:06:06.680 Anyone else in America would already be in prison for the amount of money they evaded.
00:06:11.280 All right.
00:06:11.500 So let's start at an initial point.
00:06:13.420 These two whistleblowers, look, an initial assessment you've got to make, the House of Representatives has to make, if we see an impeachment trial, the Senate has to make, and ultimately the American people have to make, is are these guys credible?
00:06:26.920 Are they telling the truth?
00:06:28.020 If they're lying, that's not very persuasive.
00:06:30.940 And so if you're trying to assess, are these credible witnesses, one of the questions you ask is, do they have a bias?
00:06:37.320 You know, if you have a witness who is, say, a disgruntled employee that got fired, sometimes they make up all sorts of crazy stories.
00:06:44.420 If you have a witness who's a partisan, maybe they're, you know, a hardcore Republican, they hate Joe Biden, so they'll come in and testify to something nasty because they've got a political bias.
00:06:54.360 So one of the things that I think is striking is that both of these guys, they're career IRS employees.
00:07:01.180 They've spent their entire professional life working at the IRS.
00:07:04.800 They're both Democrats.
00:07:06.000 Neither of them are partisan Republicans.
00:07:08.700 I don't know if anyone asked today, but I suspect neither of them voted for Donald Trump.
00:07:13.860 I think that's a good suspicion.
00:07:15.880 You know, they've said they're Democrats.
00:07:18.040 They've identified as Democrats.
00:07:19.980 The number of career IRS employees who are Democrats who voted for Donald Trump, if that's not zero, it's pretty darn close.
00:07:26.560 Very close.
00:07:27.420 So that suggests there's not a reason on the face to doubt what they're saying.
00:07:34.020 They still might be lying.
00:07:35.580 You've got to test what they're saying.
00:07:37.640 Anyone that comes forward with serious allegations of criminality, and to be clear, what they've alleged is criminality by Hunter Biden.
00:07:45.920 But look, if we were just talking about Hunter Biden, he is a troubled soul.
00:07:50.020 He has substance abuse issues.
00:07:51.520 If it were just Hunter Biden, this wouldn't be national news.
00:07:55.220 But they're also alleging criminal conduct by Merrick Garland, the attorney general of the United States under Joe Biden.
00:08:01.660 And they are ultimately alleging criminal conduct by Joe Biden, the sitting president of the United States.
00:08:06.240 They were.
00:08:06.900 And they were headed towards Joe.
00:08:09.320 They wanted to interview Hunter.
00:08:11.040 They wanted to interview Joe Biden's grandchildren.
00:08:13.960 When you say they, so people understand, who is they?
00:08:17.120 They is.
00:08:17.620 Who are the two witnesses?
00:08:18.680 There were more than two.
00:08:20.480 There were seven that were set to interview Joe Hunter Biden and his children.
00:08:26.200 So they had a plan in place.
00:08:27.460 They had a plan.
00:08:27.920 And it was IRS employees as well as FBI employees.
00:08:30.840 So were they working together or separately?
00:08:32.500 They were working together.
00:08:33.920 So they all had come together.
00:08:35.000 They'd all agree that they should be interviewed.
00:08:37.020 They've gotten to the point to where they, we need to knock on his door and say, hey, where is all this?
00:08:41.640 What's the source of this money?
00:08:42.900 What did you do to receive this money from our enemies?
00:08:46.020 You said we're going to knock on his door.
00:08:48.040 One of the things that I found really stunning is what the testimony was, that they're getting ready to knock on Hunter Biden's door.
00:08:53.720 And if you're doing an investigation, you go knock on a suspect's door.
00:08:56.660 You want to interview them, you want to catch them off guard.
00:08:58.600 You want to get them to say something they're not expecting. 1.00
00:09:01.740 Like you want them to get them to say something stupid. 1.00
00:09:03.960 Because the sad thing is criminals really are stupid. 1.00
00:09:06.740 They say all sorts of dumb things. 1.00
00:09:08.600 So what did the whistleblowers tell us happened that is unusual when they're getting ready to knock on Hunter's door? 0.87
00:09:15.340 The Secret Service, because at the time they were going to knock on Hunter's door, was at the point where Joe Biden had just gotten elected president.
00:09:22.360 So he had Secret Service Protection and he had the transition team.
00:09:27.300 The Secret Service was notified that Hunter Biden was about to be approached by IRS and FBI employees.
00:09:36.400 And then the Biden transition team was approached.
00:09:39.980 Then the Biden lawyers called Hunter Biden.
00:09:43.180 And then they called the FBI agents and the IRS agents and said, don't knock on that door.
00:09:50.960 If he wants to come out, he'll come out and talk to you.
00:09:53.720 Just wait.
00:09:54.860 Well, they waited and nothing ever happened.
00:09:57.040 And then they were told to go home.
00:09:58.980 So they were there at his house.
00:09:59.860 They were there at his house.
00:10:01.260 So let me underscore, the Department of Justice tipped off Hunter.
00:10:05.460 Hey, they're coming to question you.
00:10:07.780 And Hunter called in his lawyers and they said, don't talk to him.
00:10:10.380 Don't go outside.
00:10:11.360 Like in any other circumstance, if you're investigating criminal conduct, do you tip off the suspect beforehand?
00:10:17.260 And they said that today.
00:10:18.220 No.
00:10:19.520 They said that never happened in their decade long service to the IRS.
00:10:25.080 When they were told to go home, who told them to go home?
00:10:28.880 Their superior at the IRS.
00:10:32.140 Was that unprecedented from their testimony?
00:10:34.100 They said that never happened before.
00:10:35.500 All right.
00:10:36.420 You talked about suspicious activity reports.
00:10:39.280 And there's been some discussion of this.
00:10:41.180 Look, if you're at home, you're watching TV, you're trying to figure out what these are.
00:10:44.780 What is a suspicious activity report?
00:10:46.960 And like, when is it made?
00:10:49.240 When does it occur?
00:10:50.100 I knew a lot about these because I was a director of a bank for over a decade.
00:10:53.700 A suspicious activity report is when the bank files notice with the Treasury Cabinet that they suspect their client has committed a crime.
00:11:01.360 Doesn't mean they committed a crime.
00:11:02.740 They have a strong suspicion that a crime was committed.
00:11:07.420 So it's to protect the bank as well.
00:11:09.700 So how frequently do these things happen?
00:11:10.980 Very seldom, despite what the Washington Post or in their defense of the Biden, they say, well, everybody has a suspicious activity report.
00:11:17.620 That is baloney.
00:11:18.820 I was on the bank board for 10 years.
00:11:20.500 I think we issued two over the course of 10 years.
00:11:25.120 And how many were issued concerning Hunter Biden and Joe Biden and the Biden family?
00:11:30.060 Over 170.
00:11:31.920 They were direct.
00:11:33.380 You were in a bank and they issued two in 10 years?
00:11:36.100 In how many years?
00:11:36.380 In a decade.
00:11:36.760 If you had two SARs, they're called SARs in the banking industry.
00:11:41.060 If you had two SARs against you, it would be hard for you to open an account somewhere.
00:11:45.940 There wouldn't be any bank that would want to have you as a customer because it's not worth the paperwork.
00:11:51.700 Remember, when the bank files one of these, you can understand this, appreciate this, Senator.
00:11:55.480 Sure.
00:11:56.520 That's inviting the regulators to come in and regulate. 0.99
00:12:00.460 Okay.
00:12:00.780 That's the last thing the banks want.
00:12:02.420 So 170 get filed.
00:12:04.180 That means that somebody is getting a deposit in their account.
00:12:06.980 It's a big amount.
00:12:07.980 It's from somewhere suspicious.
00:12:10.140 I mean, what triggers it?
00:12:11.080 Why?
00:12:11.800 You're a banker.
00:12:12.740 What is it that makes you say, we've got to file a SAR?
00:12:16.120 A large transaction that comes out of the blue.
00:12:19.180 And what's large?
00:12:20.240 Is there a threshold?
00:12:21.880 I'll use the Robinson Walker account because that was the first bank account we submitted.
00:12:25.680 Now, who's Robinson Walker?
00:12:26.960 Rob Walker was one of the associates that they used to funnel money from China and Romania and then down and launder it down to the Biden.
00:12:39.080 So he's a guy that's doing business with Hunter and Joe Biden.
00:12:42.280 Yeah.
00:12:42.600 Okay.
00:12:43.180 We don't know what that business is, but they got a $3 million wire from China.
00:12:48.160 So one wire, $3 million.
00:12:50.260 $3 million.
00:12:50.700 Now, remember, we got the bank records for 10 years.
00:12:54.860 That bank account never had...
00:12:56.220 Have you ever gotten a $3 million wire?
00:12:57.380 No, but I want one.
00:12:58.380 Well, this is...
00:12:59.060 No, I'm not right.
00:12:59.840 Yeah, I can't hear you.
00:13:00.360 Can you call the Chinese?
00:13:01.420 Look, Ben is a charming guy.
00:13:03.560 And he would like $3 million.
00:13:05.480 He's not going to do a damn thing for it.
00:13:06.660 No, you don't have to work for $3 million, apparently.
00:13:09.020 So this account never had much activity in it over the course of 10 years, maintained around a $40,000 or $50,000 balance.
00:13:17.860 Then one day, out of the blue, they get a $3 million wire from China.
00:13:24.480 And so their bank says, this is weird.
00:13:26.120 Yes.
00:13:26.500 And it's coming from China.
00:13:27.560 Like, on the face of it, it's a wire.
00:13:29.140 You know it's coming from China.
00:13:30.300 Yeah.
00:13:30.600 And he'd never gotten a foreign wire before.
00:13:32.920 And there's $3 million in an account that's never had more than $50,000.
00:13:38.260 Some months, you know, it had $10,000 balance, but never more than $50,000.
00:13:42.580 Then all of a sudden, a $3 million wire.
00:13:44.360 And then what happens to that $3 million when it lands there?
00:13:46.580 24 hours later, because that's the minimum amount of time you can...
00:13:51.260 You have to have a deposit in the bank for at least $20,000.
00:13:54.980 Like the wire needs to clear.
00:13:56.280 Yeah, it needs to clear.
00:13:58.040 24 hours and two minutes later, he starts...
00:14:02.100 Are you serious?
00:14:02.820 Yes.
00:14:03.180 Like, really?
00:14:03.800 24 hours and two minutes?
00:14:06.080 Maybe an hour.
00:14:07.080 Give me an hour and go.
00:14:07.940 All right, all right.
00:14:08.460 It was more than two minutes.
00:14:10.680 It was like 56 minutes.
00:14:12.180 Okay, 19 Pinocchios because you added 50 minutes to it.
00:14:16.020 But it's just after 24 hours.
00:14:17.560 Just after 24 hours, the next day, they start wiring incremental payments to different Biden
00:14:23.640 shell companies.
00:14:25.680 So how many Biden shell companies are there?
00:14:27.420 And you know what that's called?
00:14:28.560 When you set up a bunch of shell companies for the sole purpose to launder money, that's
00:14:34.380 called racketeering.
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00:16:40.440 All right, I'm going to ask you. 0.90
00:16:41.720 I call these dumb questions, but they're important questions for people that understand 0.83
00:16:45.580 this works. 0.97
00:16:45.940 And I'll intervene. 0.99
00:16:46.780 Look, one of the great things about this podcast, we try to ask lots of dumb questions. 0.99
00:16:50.860 Yes.
00:16:52.040 And I'll tell you, James, actually, the sort of vision for this podcast, we launched it
00:16:58.220 four years ago.
00:16:58.940 We launched this podcast on the first night of the very first Donald Trump impeachment.
00:17:03.640 And that night, we started actually at midnight.
00:17:07.280 We're reliving our origins because I left the Senate floor from the trial of the Trump
00:17:12.520 impeachment.
00:17:12.920 And I went to a studio and we recorded VERDICT.
00:17:15.360 And I remember the first few times we did it, we'd get into things.
00:17:19.360 And our early production team, they said, OK, Ted, you're getting too complicated.
00:17:23.020 This is too detailed.
00:17:24.040 And they said, dumb it down.
00:17:27.700 And I said, look, people don't want dumbed down.
00:17:30.140 People are smart.
00:17:31.020 They care about it.
00:17:32.040 Now, what they do want is understandable.
00:17:34.000 And here's the analogy I've used a bunch of times.
00:17:37.420 If you have a terrible disease, you go into the doctor, you don't want the doctor to tell
00:17:41.760 you, James, you got a boo-boo.
00:17:44.020 Like, you want the doctor, if I got a problem, tell me what the heck's going on, doc.
00:17:48.140 But you don't want them to talk to you in a way that you need a medical degree and expertise. 0.65
00:17:54.080 So what we try to do, and what Ben is doing, asking dumb questions, is to say, OK, we keep
00:18:00.040 hearing about suspicious activity reports.
00:18:02.000 What is that?
00:18:03.180 Like a shell company.
00:18:04.320 What is a shell company?
00:18:05.140 You hear a shell company, and like, what does that mean?
00:18:08.700 And explain the shell companies connecting to money laundering, how those two come together.
00:18:13.360 Because a lot of people, they hear this, but they don't understand why you need so many
00:18:16.800 of them, and why you would siphon money into multiple shell companies.
00:18:20.420 I come from the banking background, and that's a liability for me.
00:18:25.120 I mean, it has a double-edged sword, but a shell company is a fake company, OK?
00:18:30.700 It's a company that-
00:18:31.740 So it's not a real business.
00:18:32.760 It's not a real business.
00:18:33.100 It's not making widgets.
00:18:34.000 They don't make anything, they don't produce anything, they don't provide a good or service.
00:18:37.840 OK.
00:18:38.860 They're just-
00:18:40.100 It's just a corporate entity that's created on paper.
00:18:42.160 They could go to the Texas or Kentucky Secretary of State and file a company in two minutes
00:18:47.160 that says Cruz and Comer Energy Company, but that doesn't mean we have an energy company.
00:18:51.560 Right.
00:18:51.760 We just have an LLC, Limited Liability Company, that says we're an energy company.
00:18:57.420 So they just create these fake companies.
00:19:00.420 And how many are we talking about?
00:19:01.460 20.
00:19:02.340 20?
00:19:02.940 20.
00:19:04.100 So 20 different Biden fake companies.
00:19:07.840 They don't have factories.
00:19:09.340 No.
00:19:09.520 They don't have machinery.
00:19:11.080 They don't own real estate.
00:19:12.480 They don't own real estate.
00:19:13.260 They don't have a website.
00:19:14.060 They don't have a business card.
00:19:15.820 They don't have employees.
00:19:16.200 So they're 20 companies.
00:19:17.220 They don't have a storefront.
00:19:18.440 They have nothing.
00:19:19.540 OK.
00:19:20.000 They're just-
00:19:20.860 And so that's where the laundering-
00:19:22.940 Yes.
00:19:23.340 So explain how you launder money and how that works.
00:19:26.180 Money laundering is hiding money.
00:19:28.380 You're hiding the source of the money and you're deceiving the Internal Revenue Service
00:19:34.980 to try to evade taxes.
00:19:36.960 So if Hunter Biden was doing something legitimate for China, they could have just wired the money
00:19:43.840 to Hunter Biden, but they didn't.
00:19:45.260 They sent it to a company called Robinson Walker.
00:19:49.700 Then they wired it to a company called Owosco.
00:19:52.640 Then they wired it to another company called Bohi something or another.
00:19:57.620 And then they start-
00:19:58.860 And do these companies do anything with it?
00:20:00.260 Nothing.
00:20:01.220 It's just like a bucket to pour the water in the port in another place or somewhere else.
00:20:05.380 That's exactly what it is.
00:20:06.960 And it was organized.
00:20:09.080 This is like organized crime.
00:20:11.180 This was very organized.
00:20:12.600 So how did you unwind this?
00:20:13.940 So you're sitting there doing a congressional investigation.
00:20:16.700 If they're trying to hide it, presumably they make it hard to figure out.
00:20:20.000 So what enabled you to-
00:20:22.820 20 shell companies, how do you figure this out and connect the dots?
00:20:25.660 Well, we had a good start.
00:20:27.940 Your colleagues, Grassley and Johnson, had done a report.
00:20:31.920 Miranda Devine had written a book.
00:20:33.600 There were several good reporters that had been investigating on this for a long time.
00:20:38.720 We took pieces of that.
00:20:41.680 And then when I became chairman and got subpoena power, then I was able to actually subpoena bank records.
00:20:48.900 And the banks cooperated.
00:20:49.900 Most of the banks have cooperated.
00:20:51.900 It's getting harder because here's what happened.
00:20:55.240 Everyone on cable news, some people that I don't think are as smart a legal mind as you, Ted, were giving me lots of advice on what to do.
00:21:07.460 The first thing they need to do on day one is subpoena Hunter and Joe Biden.
00:21:10.880 I didn't do that, and I think that would have been a huge mistake.
00:21:15.460 I think that's what they thought I would do.
00:21:18.180 If I had done that, it would have ended up in court.
00:21:21.560 Then if I had subpoenaed some of these bank accounts, the bank would have said,
00:21:25.320 we can't give that to you because there's ongoing litigation.
00:21:28.600 So what we did-
00:21:29.980 So you started by gathered evidence.
00:21:31.700 We started by subpoenaing bank records for shell accounts.
00:21:35.840 Some of these companies had been abandoned because they never were real companies.
00:21:39.800 Yeah, they never saw anything.
00:21:40.680 They used them to hide the money they were getting from China and Romania and Ukraine.
00:21:45.660 So those bank accounts-
00:21:46.640 So let me stop you real quick.
00:21:47.780 Are those the three countries that are involved?
00:21:50.060 So far.
00:21:50.740 China, Romania, and Ukraine.
00:21:51.820 But all three of them, you've got payments from China, from Romania, and Ukraine going to Hunter Biden, Joe Biden, or the Biden family.
00:21:59.360 Is that right?
00:21:59.720 Not to Joe Biden yet, but to everyone else in the Biden family.
00:22:03.920 How many Bidens have you identified that have gotten money so far?
00:22:07.600 Nine.
00:22:07.880 Nine, and I think we're close to three more.
00:22:10.800 Yeah, what's the-
00:22:11.540 So I've heard the number nine, I've heard the number 12.
00:22:14.040 So what's the-
00:22:15.160 We actually have nine.
00:22:17.560 So you approve nine.
00:22:18.500 We approve nine.
00:22:19.800 I would bet a lot of money. 0.95
00:22:21.960 If I were on the crap stable, I would put odds behind three more members of the family. 0.98
00:22:26.540 When you say there's nine, is that nine? 0.98
00:22:30.920 We haven't gone after the brother yet.
00:22:33.540 Yeah, and by the way, the brother's Jim.
00:22:35.220 That's Joe's brother.
00:22:36.300 Jim and Frank.
00:22:37.100 Don't forget about Frank.
00:22:38.360 There's two brothers.
00:22:38.620 I had forgotten about Frank.
00:22:40.000 Okay.
00:22:40.600 So I hear about Jim.
00:22:41.800 All right.
00:22:42.020 So Joe has two brothers?
00:22:44.020 Two brothers.
00:22:45.180 And so I got to say, one of the things I've wondered, in fact, I was having dinner with
00:22:49.560 some folks tonight who asked me, they said, okay, Hunter's been indicted.
00:22:52.140 What about Jim?
00:22:53.360 Like, what about Jim?
00:22:55.620 Yeah.
00:22:55.740 Well, Jim was the big dog of this entity before Hunter Biden came along, correct?
00:22:59.600 You know why Jim's not in the news right now?
00:23:02.820 He didn't leave a laptop laying around.
00:23:05.240 But I'll tell you what Jim has done.
00:23:07.860 He's in court in about four or five different states being sued by former partners for fraud.
00:23:15.360 Really?
00:23:15.800 Yes.
00:23:16.580 Why has that not been covered?
00:23:17.880 Well, you tell me.
00:23:19.520 So we'll get to the point to where we'll start subpoenaing his bank records.
00:23:24.360 I think some of these cases, part of the reason we can't get it is because he's in litigation.
00:23:30.860 All right.
00:23:30.880 The nine or 12, you've got Hunter, you've got Jim and Frank.
00:23:34.380 That's three.
00:23:35.780 Who are we talking about as the rest?
00:23:37.280 Who are the other players?
00:23:38.640 The other players are Frank, Frank's wife.
00:23:42.840 So Frank's wife.
00:23:43.820 Uh-huh.
00:23:44.380 And we believe that Jim's got family members, too, that may have received wires.
00:23:50.500 And then, you know, ultimately, with Joe, I suspect there are offshore accounts.
00:23:57.880 And we kind of learned that today.
00:24:00.180 One of the last questions.
00:24:01.100 So what's the evidence of offshore accounts that you learned today?
00:24:04.340 There are the IRS whistleblowers confirmed when I asked if they had documents pertaining to foreign accounts.
00:24:12.640 And they said they did.
00:24:14.140 Wow.
00:24:14.660 But they couldn't turn them over to us.
00:24:16.280 They have to go through that process and turn it over to the Ways and Means Committee.
00:24:19.380 And I requested they do that.
00:24:20.680 And they said they would.
00:24:22.220 So the $3 million that you saw transferred in, you said that got transferred out.
00:24:26.400 Where all did it go?
00:24:28.720 So Rob Walker kept a third of it.
00:24:32.220 There was another guy.
00:24:33.220 I mean, that's a good business partnership, right?
00:24:35.780 A million bucks.
00:24:36.020 You help launder money.
00:24:37.720 You don't do anything.
00:24:39.540 Yeah.
00:24:39.840 Look, I'm not sure.
00:24:40.720 And you get a third.
00:24:41.580 I'm not sure of the exact pricing on that.
00:24:43.560 But I think that's better than Pimpski.
00:24:45.320 Yeah.
00:24:45.800 Yeah.
00:24:46.180 I don't know.
00:24:47.280 Yeah.
00:24:47.600 That's good.
00:24:48.320 But I don't think they take a third.
00:24:49.680 Somebody else got a third.
00:24:51.340 And then the Biden's.
00:24:52.300 Do we know who the somebody else is?
00:24:54.040 Or do you and you can't say?
00:24:55.400 No.
00:24:56.260 I do.
00:24:56.920 We put that in a report.
00:24:57.900 All right.
00:24:58.300 So somebody else got a third.
00:24:59.300 Somebody else got a third.
00:25:00.200 And then the Biden's got $1.3 million of the $3 million.
00:25:03.220 And $1.3 million to different Biden family members.
00:25:05.980 Yes.
00:25:06.560 Okay.
00:25:07.500 And that's just from one payment.
00:25:08.720 That particular transaction went to four different Biden family members.
00:25:11.340 So that was one suspicious activity report.
00:25:14.260 One.
00:25:14.820 And there's a hundred and how many?
00:25:16.580 169 more.
00:25:17.820 Plus, just because.
00:25:20.260 Okay.
00:25:20.520 Those were suspicious activity reports that were created by Joe or Hunter Biden.
00:25:26.540 Then they were the subject of another hundred suspicious activity reports.
00:25:31.600 So that's 270 if you're counting individually.
00:25:34.140 At least.
00:25:34.920 So if you're the Treasury Department, because Treasury is getting these SARs.
00:25:38.760 Yes.
00:25:39.820 What do they do with the SAR?
00:25:41.020 Just generally speaking.
00:25:42.520 They're supposed to turn it over to the IRS investigators, which they knew about the SAR.
00:25:47.500 So that part of the equation worked.
00:25:49.820 Somehow, the IRS whistleblowers knew about the suspicious activity report.
00:25:54.320 All right.
00:25:54.540 I ask these questions because this is complicated for a lot of people.
00:25:57.440 So normal course of business.
00:26:00.220 A bank fills out a SARs report.
00:26:02.880 Walk what normal is compared to what actually happened with them.
00:26:05.980 Normally, if you get normally.
00:26:09.600 And here's what the suspicious activity report said.
00:26:12.540 I've had access and I've read them all at Treasury.
00:26:16.080 They said they suspected they were money laundering.
00:26:19.040 They suspected they had.
00:26:21.100 And this is from multiple banks.
00:26:22.420 It's not just multiple banks.
00:26:23.720 Banks you've heard of.
00:26:25.020 J.P. Morgan, Wells Fargo, U.S. Bank.
00:26:28.140 These are Bank of America.
00:26:29.300 Big banks.
00:26:29.740 Big banks.
00:26:29.860 These are serious banks with real lawyers that like know what they were.
00:26:32.680 And they knew who they were.
00:26:33.960 They said this is a politically exposed person.
00:26:36.700 They suspected some of these wires were coming from state-owned entities.
00:26:41.880 They said that from some of the Chinese.
00:26:43.300 Okay, so you're going to have to explain that, what that means.
00:26:44.860 You mean like the communist government is sending the money.
00:26:47.500 Yes.
00:26:48.320 According to J.P. Morgan.
00:26:50.100 And the whistleblower in that scenario is the bank who's saying that.
00:26:52.840 The whistleblower is the bank.
00:26:53.340 So J.P. Morgan is saying, we believe.
00:26:55.120 J.P. Morgan, Wells Fargo, Bank of America.
00:26:57.960 So they write this suspicious activity report.
00:26:59.840 Like all of those banks, J.P. Morgan, their CEO, Jamie Dimon, is a prominent Democrat.
00:27:03.920 I mean, none of these banks are Republicans.
00:27:06.720 None of these banks have it out for the Biden.
00:27:08.480 We've lost Wall Street.
00:27:09.700 They're all Democrats.
00:27:10.480 Yeah, I mean, that's not.
00:27:11.560 So these are all banks that are reliable political donors to the Democrats that are nonetheless
00:27:17.820 looking at reports saying, wow, this is really concerning.
00:27:21.000 But they're writing in the report.
00:27:22.640 I'm in shock by this.
00:27:24.680 You've seen a lot more of this stuff in the legal world than I have.
00:27:27.760 But I'm generally in shock right now, the fact that you're telling me that an American 1.00
00:27:31.220 bank is writing that we believe a wire transfer coming into the Biden family is coming from
00:27:36.060 the Chinese communist government, not an entity.
00:27:39.160 And it's money laundering.
00:27:39.940 And we're saying it's money laundering on top of it coming from the Chinese communist 0.87
00:27:43.160 government. 0.99
00:27:44.580 Is that the moment when you said, holy crap? 0.99
00:27:46.720 Yeah. 0.98
00:27:47.360 Wire fraud, tax fraud, money laundering.
00:27:50.280 So they're naming all the things they think.
00:27:52.040 All right.
00:27:53.640 So then Treasury reports it to IRS.
00:27:57.940 They begin investigating.
00:27:59.580 When did they open the investigation to Hunter Biden?
00:28:06.120 2018.
00:28:09.180 I know they were investigating in 2018.
00:28:11.620 It could have been earlier.
00:28:12.460 So at least five years.
00:28:13.820 Yes.
00:28:14.960 Now, this investigation, look, it's been at least five years.
00:28:19.520 They just announced an indictment weeks ago.
00:28:23.000 That's a long time.
00:28:24.780 What took them five years?
00:28:26.200 That they were stonewalled the whole time.
00:28:28.640 They said they couldn't do it.
00:28:30.500 They were ready to go at the 2020 election.
00:28:33.500 And they were told by the deputy U.S.
00:28:36.380 attorney Wolf in Delaware, oh, the optics are bad.
00:28:39.320 We can't do this before an election.
00:28:41.860 And they told them to stand down.
00:28:43.700 And then once you'll buy them.
00:28:44.560 So it's DOJ that was stonewalling them.
00:28:46.900 Yes.
00:28:47.200 All right.
00:28:48.760 Let's talk about.
00:28:52.840 So a number of the potential offenses that Hunter Biden committed, the statute of limitations
00:28:58.060 is run on.
00:28:58.820 Yes.
00:28:59.220 The most serious tax crimes he's committed, statute of limitations is run on.
00:29:03.900 Why?
00:29:04.300 What happened?
00:29:05.220 Because they were told to wait.
00:29:08.040 They couldn't do it because of the election.
00:29:10.100 And then once he became president, they're like, well, we don't need to do this.
00:29:14.400 You have to understand this.
00:29:15.340 This is what they said today.
00:29:16.400 They knew that Hunter Biden committed a bunch of crimes.
00:29:20.660 They felt like all roads were leading to Joe Biden.
00:29:24.980 And that's what was making the Department of Justice nervous because they... 1.00
00:29:29.700 They weren't idiots. 1.00
00:29:30.500 They knew it. 1.00
00:29:30.900 They didn't feel they were that concerned about Hunter Biden.
00:29:33.940 It's just they were worried, okay, what's he doing to get this money?
00:29:38.120 There's no legitimate business here.
00:29:40.020 It has to be something his father's done.
00:29:42.280 And good God, he's the president of the United States now.
00:29:44.360 Now, we don't want to go through that.
00:29:45.560 Can you explain statute of limitations?
00:29:47.500 A lot of people...
00:29:48.620 It sounds normal in the legal world, but I think it's important that we explain this.
00:29:51.720 When you have a five-year window, as it's described, right?
00:29:54.240 You've got five years on some of these crimes that you should...
00:29:56.740 You have five years to basically charge someone for that crime.
00:29:58.940 Once you're outside that five years, you cannot charge them for that crime, even if you know they committed the crime.
00:30:06.300 That's right.
00:30:07.340 And look, a statute of limitations is really important.
00:30:09.740 You know, if you were in high school and you knocked off a liquor store, I'm not saying you did.
00:30:13.780 I'm not saying you didn't.
00:30:14.680 Yeah.
00:30:15.180 But if you did in high school...
00:30:16.760 I did not.
00:30:18.640 Notice how quickly...
00:30:19.580 Yeah, yeah, yeah.
00:30:20.280 But even if you did, there's a statute of limitations.
00:30:23.980 The idea is you shouldn't have to face the possibility for criminal prosecution five, 10, 20 years after something happened.
00:30:31.540 Because if someone charged you with something you did 20 years ago...
00:30:35.180 And by the way, it's more than 20 years ago you were in high school.
00:30:37.560 Yeah.
00:30:38.100 Just to make you feel like a really old man. 0.55
00:30:40.200 I know, I know.
00:30:40.500 I'm getting old.
00:30:41.020 But look, if someone charged you, how would you defend yourself?
00:30:44.220 Yeah.
00:30:44.620 Like, you don't have any evidence for 20 years.
00:30:46.620 Part of the reason of a statute of limitations is that it's impossible to defend yourself from something so long ago.
00:30:52.240 There are no witnesses.
00:30:53.000 There are no records.
00:30:53.920 So the idea is if you commit a crime, there's a period of time for which you're liable.
00:30:58.420 But it also means if you get past the statute of limitations, you can't prosecute.
00:31:04.840 And prosecutors know the statute of limitations.
00:31:07.260 It is critical.
00:31:08.580 And these guys knew it.
00:31:10.520 They knew it was getting close.
00:31:13.280 And they were still told to stand down.
00:31:15.140 All right.
00:31:15.840 So the most important thing that I heard James say is that the investigation all understood that the real focus of the criminality was Joe Biden.
00:31:27.160 Yeah.
00:31:27.480 And that they wanted to investigate Joe Biden.
00:31:29.400 Hunter really wasn't important.
00:31:30.640 And that the Department of Justice blocked them, interfered, obstructed with their going after Joe Biden. 0.97
00:31:38.780 That's a big damn deal. 0.93
00:31:40.520 And you know what? 0.90
00:31:41.280 If you want to hear more about that, this is a two-part series.
00:31:44.800 You've got to listen tomorrow.
00:31:46.580 Tomorrow, we're going to do the second half, which is Joe Biden's direct criminal liability and how the Department of Justice obstructed justice, covered it up, blocked the investigation.
00:31:58.580 We're going to do that interview right now.
00:32:00.400 And make sure that you share this because this is why we're doing this.
00:32:03.440 People need to take this.
00:32:04.960 Put it on social media.
00:32:06.060 It's on Facebook.
00:32:06.860 It's on YouTube.
00:32:07.700 If you're listening to the podcast, share that as well so that everybody knows what's going on.
00:32:13.060 This is what the media is not covering.
00:32:14.660 Make this go viral.
00:32:16.320 And ask yourself, have you heard this on TV?
00:32:20.120 Have you read about this in the paper?
00:32:22.140 Has anyone explained what a suspicious activity report is?
00:32:25.880 Has anyone explained how strange it is that there are 170 of them?
00:32:29.080 This podcast exists to give you the facts that you can't get watching TV news.
00:32:37.400 You can't get reading the newspaper.
00:32:39.800 So share this, like it, get others to watch it, and watch part two that's coming out tomorrow.
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