Former Vice President Joe Biden's son Hunter revealed Wednesday that he has learned from federal prosecutors that his tax affairs are under investigation.
The Justice Department is investigating Hunter Biden's finances, including scrutinizing some of his business dealings with China along with other transactions. The revelations put a renewed spotlight on questions his Biden's financial dealings with other countries.
"I learned yesterday for the first time that the U.S. Attorney's Office in Delaware advised my legal counsel, also yesterday, that they are investigating my tax affairs. I take this matter very seriously but I am confident that a professional and objective review of these matters will demonstrate that I handled my affairs legally and appropriately, including with the benefit of professional tax advisors," Hunter Biden said in a statement released by his father's transition team.
The tax investigation was launched in 2018, a year before the elder Biden announced his candidacy for president.
The disclosure of the federal investigation led by the US attorney's office in Delaware comes at an awkward moment for the former vice president, who in the process of making his cabinet choices for a potential administration. His pick for attorney general could have oversight of the investigation into the younger Biden's foreign business dealings.
A statement from the Biden team said, "Biden is deeply proud of his son, who has fought through difficult challenges, including the vicious personal attacks of recent months, only to emerge stronger."
That's a reference to the pre-election reports that were mostly stifled by the mainstream media and big tech after they raised significant ethical questions about Hunter Biden's dealings in Ukraine and China.
The US Senate has investigated Hunter Biden. A review of a committee report by Fox News found that it details his past dealings with Chinese nationals, including his associations with Ye Jianming - the founder of CEFC China energy company - and his business associate, Gongwen Dong.
The report says: "Hunter Biden had business associations with Ye Jianming, Gongwen Dong and other Chinese nationals linked to the communist government and the People's Liberation Army... those associations resulted in millions of dollars in cash flow."
The report says those relationships started in 2015 while Joe Biden was still vice president.
It isn't known if the Justice Department is looking into the transactions described in the Senate report.
A former business associate of Hunter Biden said his business dealings in China are a serious concern.
MORE HERE from OCTOBER 2020:
Tony Bobulinski: Biden Family 'Knew Exactly What They Were Doing' in Deals with Chinese Communist Party
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