Republicans Zero In On Mysterious $10 Million Payment To Biden-Owned LLC

According to Just the News, Congressional Republicans are seeking to conduct an investigation into the source of approximately $10 million deposited into Joe Biden’s shell company, CelticCapri Corp. The focus of this inquiry is apparently connected to accusations that the Biden family was involved in a pay-for-play controversy with a Ukrainian individual. The alleged impact of this scandal could potentially explain the significant rise in Joe Biden and his wife’s income, which surged from $400,000 in 2016, during Biden’s vice presidency, to $11 million in 2017.

The Associated Press suggests that the main source of the family’s income was Joe Biden’s memoir, “Promise Me, Dad: A Year of Hope, Hardship, and Purpose.” However, according to Bob Anderson, a writer at The Federalist, even with the lucrative book deal, the revenue generated from selling around 300,000 copies (approximately $7 million) would not account for the millions of dollars in income. Assuming a blended royalty rate (15 percent for hardcover and 7.5 percent for paperback, typical from publishers), Joe Biden, as an author, would have likely earned about $800,000, or rounded up to $1 million. Even if we double that amount, it still falls significantly short of the reported $8 million income.

Additionally, there are allegations, dating back to 2017 and based on information from an FBI informant, that a $10 million bribe was paid to the Biden family. The alleged purpose of this bribe was to leverage Joe Biden’s political influence as Vice President in order to exert pressure on the Ukrainian government to remove and replace their Prosecutor General, Viktor Shokin. It is worth noting that Shokin was conducting an investigation into Burisma Holdings, a Ukrainian energy company where Hunter Biden was employed and faced accusations of corruption. This alleged scheme resulted in Shokin’s dismissal in 2016.

Numerous Republican legislators have expressed their apprehension regarding the mechanics of this questionable pay-for-play scandal.

Senator Ron Johnson (R-WI) took to Twitter and expressed a similar sentiment, stating, “For years I’ve been saying there is a much larger story than Biden family corruption. The corruption inside our federal agencies and MSM is extensive. We need more whistleblowers to come forward and tell us the truth. That is the only way to restore integrity and credibility.”

James Comer (R-KY), the Chairman of the House Oversight Committee, noted that the matter at hand involved not only the corrupt deal itself but also the alleged efforts of the FBI to conceal and protect the involved parties.