This is according to the House Committee on Oversight and Accountability, which recently released a memorandum summarizing findings to date regarding corruption within the Biden family. (Related: Hunter Biden, other members of Biden family received MILLIONS from business associate linked to CCP.)
Oversight Committee Chair Rep. James Comer of Kentucky noted that investigators examined thousands of bank records and legal documents depicting how nearly two dozen limited liability corporations established by members of Biden's family received payments from private clients, corporations and foreign governments, including China and Romania.
"Biden family members and business associates created a web of over 20 companies – most were limited liability companies formed during Joe Biden's vice presidency," read the committee memorandum. "Bank records show the Biden family, their business associates and their companies received over $10 million from foreign nationals' companies. The Committee has identified payments to Biden family members from foreign companies while Joe Biden served as vice president and after he left office."
The committee added that these companies were formed and headquartered mostly either in Delaware or Washington, D.C. and their paperwork was handled with the help of Rob Walker and James Gilliar, two of the main business partners of presidential son Hunter Biden.
Additional evidence has uncovered links between Jim Biden, the president's brother, and Hunter with multiple foreign governments, government officials, celebrities and state-controlled corporations, not just in China and Romania but also in Russia, Ukraine and several other nations.
"The committee has uncovered evidence indicative of influence peddling and financial deception warranting further investigation and legislative solutions," the memorandum read.
Comer noted that his investigation has found that no other presidential family comes even close to the level of corruption of Biden's own family.
"From a historical standpoint, we've never seen a presidential family receive these sums of money from adversaries around the world," said Comer.
"I don't think anyone in America who's watching C-SPAN or any other network covering this would think that it's just a coincidence that nine Biden family members have received money for this influence-peddling scheme," he added.
White House spokesman Ian Sams claimed that Comer did not provide any evidence of wrongdoing during his committee's investigation.
"House Republicans have shown no evidence of any policy decisions influenced by anything other than U.S. national interests," Sams added. "They're really just microwaving old debunked stuff."
While the investigation has not turned up any direct links between Biden and the allegations of corrupt activities, Comer said he believes Biden is directly involved in some way.
"We believe that the president has been involved in this from the very beginning, obviously. We're going to continue to look," said Comer. "What we cited today and what we're updating you with today results from [just] four banks. We believe there are 12 banks. So, right now, you could say that we're in the beginning stages of this investigation."
House Republicans further noted that the goal of their investigation is to address any deficiencies in ethics and potential breaches in disclosure laws. They added that this investigation will hopefully help strengthen financial reporting requirements for the family members of senior elected officials, as well as lead to evaluations and potential amendments to the Bank Secrecy Act and anti-money laundering laws.
Learn more about the corruption in President Joe Biden's family at BidenCrimeFamily.news.
Watch this clip from Fox Business featuring Republican Rep. Tim Burchett of Tennessee discussing how America has been corrupted by the Biden crime family.