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- Oct 17, 2011
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And WaPo digs even deeper.
Unraveling the tale of Hunter Biden and $3.5 million from Russia
Less than 50 days before the 2020 presidential election, the Republican staff of the Senate Finance and Homeland Security Committees issued a joint report with a startling claim — that Joe Biden’s son Hunter had received a $3.5 million wire transfer from Elena Baturina, a Russian billionaire and the widow of the former mayor of Moscow.
An attorney for Hunter Biden denied the allegation in 2020 but it has lived on, especially in the right-wing media. Recently Trump called on Putin to reveal what he knows about it.
Trump’s call-out to Putin inspired us to dig deep into this story again. We interviewed people familiar with the transactions, reviewed property and real estate documents and probed for leads in the emails contained on a hard drive copy of the laptop Hunter Biden supposedly left behind for repair in a Delaware shop in April 2019. None of our sources would speak on the record because of continuing investigations of Hunter Biden and his business practices, but we sought confirmation from corporate filings and other records.
The GOP report itself does not provide evidence to back up the claim that became a talking point — and our reporting has unearthed the best explanation about what really happened. It’s a complicated story, involving a web of corporate entities, that eventually leads to the purchase of millions of dollars worth of real estate in Brooklyn by the Russian billionaire. We found no evidence that Hunter Biden was part of those transactions.
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But Rosemont Seneca Thornton was not dissolved as planned. Four people familiar with the company said that Devon Archer, Hunter Biden’s former business partner, controls it.
Archer’s secret was exposed when the Senate report was published. Confronted, Archer told Bulger that he had used Rosemont Seneca Thornton to transfer funds from Baturina to purchase real estate in Brooklyn, according to a participant in the conversation.
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New York City real estate records show that BAK USA, LLC, using the same business address as Archer’s firm Rosemont Capital, on June 27, 2014 had purchased two parcels in Brooklyn within a half mile of Barclays Center.
The property records and a property tax bill directed us to Helen Gotman, who is active in New York City real estate. She confirmed to the Fact Checker she managed the properties on behalf of Baturina.
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