After delving into Joe Biden’s friends’ questionable and
convenient financial past, All-Star Panelist Joene DePlancke
presented her findings on the issue.
“All the deals weren’t funneled through Hunter. He used so many
longtime friends and major contributors to generate billions for
himself and his family,” DePlancke explained about Joe Biden’s
In 2010, they created a construction firm Hillstone
International as a subsidiary of Hill International, founded by
friend Irv Richter in 1976. Hillstone was run by Kevin Justice,
another Biden friend. Justice visited the vice president’s
office on November 4, 2010, and three weeks later Joe’s brother
James joined Hillstone as executive vice president. He lacked
any construction expertise. Then Hillstone started negotiations
to win a contract in war-torn Iraq. The company receives a
100,000 home and $35 billion contract within six months, along
with a $22 million US federal government contract to manage a
construction project for the state department. At this point,
the company hadn’t executed any real estate projects.
Over the next several years, Hillstone International generated
$1.5 billion in revenue – three times its normal return on
investment. A group of minority partners including James Biden
split $735 million between themselves.
Another instance of Biden’s friends benefiting from their
connections, a longtime donor and Delaware car dealer John
Hynansky received a $20 million loan from the federal
government’s Overseas Private Investment Corporation (OPIC). He
earned this loan after Biden introduced him to Ukraine officials
because Hynansky wanted to expand his dealership in Ukraine. On
the loan, it states that all cars would come from Europe, not
the United States, to be sold in Ukraine. The American auto
industry wouldn’t benefit from the loan and business expansion.
However, he received taxpayer money to fund his venture.
When James Biden had a federal tax lien placed on the Biden
Bungalow in Keewaydin Island, FL by the IRS for $590,000 plus a
$74,700 lien by a contractor, James received a mortgage for
$900,000 from an obscure Delaware entity called 1018 PL, LLC.
John Hynansky controlled the company.
How Hunter’s dealing began
Long before Burisma, Joe Biden began using his son Hunter for
political and financial gain. In 2001, Hunter received large
consulting fees from MNBA – the largest credit card company at
the time. At this time, Senator Joe Biden voted against the
regulatory requirement that credit card companies warn consumers
about the perils of making only minimum payments. He was only
one of five Democrats to vote against the regulation.
That same year, Hunter became a lobbyist with Senator Biden’s
former legal advisor and his job was to submit targeted earmarks
to the senator’s office. Often times, these earmarks became part
of bills and resulted in millions for pet projects. Eventually,
the senate caught on to this scheme and passed an ethics bill
prohibiting senators and their families from earmark profiting.
Hunter subsequently left the lobbying game.
In 2002, Senator Biden moves forward with legislation that makes
it easy to sue for asbestos exposure. His son Beau Biden was a
partner in a Delaware law firm that primarily handled asbestos
Fast forward to 2008, PartyGaming hires Hunter Biden as a
lobbyist and to manage their issues with the Department of
Justice, who recently subpoenaed 12 US banks concerning the
company’s wire fraud. Hunter Biden is successful in keeping the
DOJ away from PartyGaming until his father Joe Biden becomes
vice president. Hunter then must give up the lobbying position
and a few months later PartyGaming pled guilty to wire fraud and
paid out $300 million.
Biden and China Connection
In 2009, Hunter joins forces with Devon Archer and Chris Heinz
to form Rosemont Seneca Partners in partnership with Rosemont
Capital. From here Hunter and Vice President Biden fly to China
on Air Force 2 in part because VP Biden had US business with the
Chinese government. Ten days following the trip, even though
both asserted that no business occurred, Rosemont Seneca
announced a $1.5 billion deal with the Chinese government also
known as the Bank of China.
In 2013, the Bank of China established BHR and placed Hunter
Biden on the board of directors, even though he has zero
experience in mergers and acquisitions. The BHR begins buying
American companies with military connections, Nuclear Power
Company, CGN, and Henniges technology. The Henniges purchase had
to be approved by an interagency committee due to its military
contracts. The majority of the committee consisted of Obama-
Biden administration officials.
In 2014, Hunter and his associates launched Rosemont Realty and
made a deal with a Chinese government-connected company. They
began buying commercial property for China.
“Joe Biden, the vice president of the United States, enabled
Hunter to be the frontman for communist China. To buy our
companies, to buy military companies, to buy real estate all
across this country,” said Joene DePlancke.
Kazakhstan, Russia, and Ukraine became part of the money train
in 2014 as well. Ukrainian natural gas producer, Burisma
deposited $112,000 into a Rosemont bank account marked “C/O
Devon Archer.” The following day, Archer visited the White House
to meet privately with Vice President Joe Biden.
On April 22, Archer joined the Burisma Board of Directors and on
May 12, Hunter Biden did so as well. Additionally, Senator Mitt
Romney advisor Joseph Cofer Black joined the same board. Three
Americans are executives for the largest natural gas company in
Ukraine. They were each paid $1 million per year or $83,333 per
month. None had any qualifying experience in the energy sector
or previous ties to Ukraine.
On April 21, Vice President Joe Biden visits Kviv, Ukraine, and
brings terms for a US Agency for International Development
program to assist the Ukrainian natural gas industry. Archer is
appointed to the Burisma board the next day.
The founder of Burisma Zlochevsky was being investigated in 2014
when Archer and Hunter were put on the Board. In 2016, Ukrainian
authorities seized Zlochevsky’s property and he fled the
country. Authorities then seized Burisma’s gas wells. Hunter
used his contacts in Washington to help Zlochevsky with his
corruption case. Burisma hired former Obama DOJ lawyer John
Buretta met with prosecutors in September 2016 to get the
charges dropped. All subsequent charges were dropped. Also, in
September, Vice President Biden pressures Ukrainian officials to
fire the Burisma prosecutor. Joe Biden later bragged that he had
the prosecutor fired by threatening to withhold $1 billion in
aid to Ukraine.
The vice president’s final trip to Ukraine was on January 16,
2017. It was also his last foreign trip as vice president. Four
days before Joe Biden arrived, officials announced the end of
investigations into Burisma. Under Biden’s direction, the Obama
administration poured $3 billion dollars into the country.
“Three billion US dollars from US taxpayers with three billion
we could do another stimulus check,” added Joene DePlancke.
Follow the money
Additionally, during Joe Biden’s time as Vice President, Hunter
had a Morgan Stanley account. In April 2014, $142,500 is
deposited from Kazakhstan oligarch controlled Novatus Holdings.
In August 2014, $1.2 million arrived from an anonymous LLC via a
small Swiss bank called BSI S.A. In 2016, BSI was part of an
embezzlement and money laundering investigation spanning ten
countries and at least $4.2 billion in irregular transactions.
In August 2015, $150,000 transferred into an account controlled
by MFTCG Holdings LLC Biden. It’s unclear which Biden is
referred to in the transaction.
“The money just gets moved so many times if you could see how
much went through Latvia,” DePlancke explained, “If you get
accounts in Latvia, then you can move the money anywhere.”
During a court trial, Devon Archer described a financial
relationship with Russian oligarch Yelena Baturina. Archer
said, Baturina invested over $200 million into various
investment funds that involved Archer and Hunter.
The pair set up another joint venture, a private-public
partnership called MBloom in Hawaii. Hunter’s firm invested $5
million and the other half came from HSDC. The HSDC money came
from a program in Washington DC called the Treasury Department
State Small Business Credit Initiative, ran by a longtime Biden
aide, Don Graves.
Graves served as counselor to Vice President Biden, his domestic
and economic policy director, and his traveling chief of staff.
And after Joe Biden left the White House, he appointed Graves to
the policy advisory board of the Biden Institute.
“You put your friends in charge of these programs and then he
dishes out the money to Hunter and Archer,” DePlancke stated.
Very few cash transactions go directly to Joe Biden, but James,
Hunter, and others pay for the trips, parties, and expenses for
“The money goes to Hunter, Beau, James, and Frank, whoever, but
they spend it on his behalf,” DePlancke ended.
The majority of DePlancke findings are taken from Peter