Treasury flagged foreign money flowing to Hunter Biden-tied firms as ‘suspicious’

ATreasury Department agency that polices financial threats such as money laundering flagged several foreign transactions to Hunter Biden-connected businesses as “suspicious” during the end of the Obama administration and the beginning of the Trump administration.

The concerns from the Financial Crimes Enforcement Network (FinCEN) were highlighted in Suspicious Activity Reports turned over to Senate committees over the last year in conjunction with investigations into the Russia and Ukraine scandals, according to several officials familiar with the evidence…

Senate Democrats first called attention to the existence of the SARs in a little-noticed letter late last year and are now bracing for the flagged financial transactions to be a major revelation in a joint report they expect to be published by the GOP-led Senate Homeland Security and Governmental Affairs and the Senate Finance Committees as early as next week…

The American suspicious transaction reports turned over to the Senate committees are the second known instance of red flags raised about foreign money flowing into business firms associated with Hunter Biden.

In February 2016, the Latvian government sent a warning to Ukrainian prosecutors that several payments from Burisma to an account in New York controlled by Hunter Biden’s Rosemont Seneca Bohai firm appeared suspicious, according to a copy of the letter obtained by Just the News and Latvian authorities.

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Article URL : https://justthenews.com/accountability/russia-and-ukraine-scandals/treasury-flagged-foreign-money-flowing-hunter-biden-tied