Morgan Stanley Banker Filed ‘Fraudulent Schemes’ SEC Complaint Against Hunter Biden
A Morgan Stanley banker filed a formal complaint to the U.S. Securities and Exchange Commission (SEC) against an investment firm linked to Hunter Biden in 2016, a document disclosed by Congress shows.
Compliance officers at U.S. banks flagged at least 170 suspicious activity reports against the Biden-linked firm for the U.S. Treasury’s review. But filing a complaint with the SEC, the top securities market regulator in the U.S. is a far more serious step.
A man walks out of Morgan Stanley headquarters in Manhattan. (Mario Tama/Getty Images)
At the time, Joe Biden was vice president of the U.S.
The Morgan Stanley whistleblower, through a lawyer from New York, filed the complaint on November 1, 2016, with the SEC under the Dodd-Frank financial reform law. The complaint flagged “suspicious” transactions and “fraudulent” schemes, although much of the complaint material and the name of the whistleblower is redacted.
RELATED VIDEO — CNN’s Chalian: “A Lot” of Our Polling Showing Most Believe Joe Was Involved in Hunter’s Deals “Driven by Partisanship”:
An attachment to the complaint concerned a Hunter Biden-linked firm Rosemont Seneca, Just the News reported:
The complaint itself did not directly mention Hunter Biden but a series of attachments incorporated in the complaint clearly did, including the May 2015 compliance presentation complete with the Hunter Biden dossier.
“[Whistleblower redacted] had made various reports to his employer, Morgan Stanley, regarding the fraudulent schemes detailed in the addendum, which were perpetrated by third parties,” the complaint reads.
“In addition to seeking recovery in connection with his prior reporting [whistleblower redacted] makes this submission offering new information concerning additional securities frauds being perpetrated,” the complaint added.
WATCH — Joe Biden Snaps at Reporter over “Big Guy” Question: “Why’d You Ask Such a Dumb Question?”:
Joe Biden claims he has no knowledge of his family’s business.
“I have never discussed, with my son or my brother or with anyone else, anything having to do with their businesses. Period,” he said in 2019. “And what I will do is the same thing we did in our administration. There will be an absolute wall between personal and private and the government.”
Powerful allegations suggest otherwise. The allegations include, but are not limited to, photos, texts, an audio recording, and IRS and former business partner whistleblower testimonies:
- Biden family suspicious activity reports of wire transfers
- Texts
- Emails
- WhatsApp messages
- Photos of Joe with Hunter’s business partners
- Joe Biden’s voicemail to Hunter
- Five individuals referencing Joe Biden as the “big guy”
- Two whistleblower testimonies
- FBI FD-1023 form alleging recorded phone calls and texts between Biden and a Burisma executive
- FBI informant alleging bribes
- Video of Joe Biden bragging about firing the Ukrainian prosecutor
- Hunter’s statements about giving half his income to his dad
- Former White House Aide saying FBI ignored Joe Biden’s role in Ukraine business dealings
- Millions flowing into Biden family bank accounts
- Hunter paying for Joe Biden’s expenses
- Email aliases
Follow Wendell Husebø on Twitter @WendellHusebø. He is the author of Politics of Slave Morality.
What Game is Hunter Playing?
Will he take the fall?
What shameless act or felonious activity was not evidenced on Hunter Biden’s laptop? Racist attitudes toward Asians? Soliciting prostitution? Felonious use of drugs? Photographed nudity and perverse sex? Admissions to illicit foreign shakedowns?
Hunter accused his father, President Joe Biden, of also being on the foreign take: “I hope you all can do what I did and pay for everything for this entire family… Unlike Pop, I won’t make you give me half your salary.”
Hunter’s alleged felonies range from bribery to tax evasion. That he has not yet been prosecuted for anything is scandalous. His exemption is attributable only to Attorney General Merrick Garland’s likely weaponized directives to federal prosecutors to downgrade or forget altogether felony charges against Hunter.
So, given such wild behavior, why would Hunter not tone it down, stop the global grifting, cease the reckless behavior — and quit redirecting attention to the likely illegal acts of his father, the president?
Why did he not just settle the child support suit filed by his paramour, Lunden Roberts? Why haggle over money for his own daughter?
Hunter instead outrageously claimed near poverty. That excuse was hilarious, given he flies on private jets and pays nearly $16,000 a month to rent a house in tony, celebrity-ridden Malibu.
Why did Hunter ever get involved with a performance stripper in the first place after his past widely publicized liaisons with prostitutes? Why also with his own widowed sister-in-law?
Given Hunter has little or no experience or training in high-stakes international finance and investment — and thus has no market value as an investor or broker. But he was infamous for translating that nothingness into millions in lucre due solely to his ability to monetize the influence of then-Vice President Joe Biden.
So why now, when under 24/7 scrutiny, would Hunter dare recreate himself as an “artist” by blowing through straws in his mouth?
His amateurish canvasses somehow have sold for up to $500,000 a pop. Both Biden donors and gamers saw their buys of such mediocre art as gambits either to meet with or profit from his father, Joe Biden.
But would not his painting grift only bring greater prosecutorial scrutiny and more significant embarrassment to the president?
Hunter Biden’s attorneys sought to leverage federal prosecutors into agreeing to drop their charges — by threatening to call in as a pro-Hunter witness President Joe Biden himself and thereby likely invoke a constitutional crisis!
In such a scenario, the president under oath, would be forced to lie again that he had no knowledge of or involvement in Hunter’s illegal behavior. Or if he admitted the truth that he did, he would thus contradict years of his adamant denials.
Why would Hunter put his father and president in such a publicity circus?
Hunter has lost an incriminating laptop by abandoning it at a repair shop. He has forgotten his crack pipe in a rental car. His illegally registered handgun turned up in a trash dumpster near a school.
So would not the carefree Hunter insist that all the Bidens in the spotlight remain extra careful never to abandon incriminating drugs — especially in the White House?
Yet in a West Wing first, cocaine was recently found lost in an entrance vestibule. Various media outlets claimed it belonged to someone in the “Biden family orbit.”
One of two things explain the continuous reckless behavior of wayward son Hunter Biden:
One, he is either still on drugs or so suffers from past addiction that he has lost all common sense and judgment and simply cannot control his behavior.
Or, two, Hunter is an embittered, angry son. As the Biden bagman for foreign shakedown cash, he did the dirty work and most risked the legal exposure that made all the Bidens rich.
Yet, instead of familial praise — or so the broke Hunter seems to whine on his laptop –Hunter gets no respect from those he enriched.
And now he, not they, might first go to jail.
As a result, does his continuous recklessness send a not-so-subtle reminder to all the Bidens — his father, the “Big Guy” especially?
That is, Hunter is not going to take the fall. He will not end up in prison for decades while the other exempt Bidens continue to enjoy their ill-gotten riches due to Hunter’s imaginative cons.
No wonder the first family moved Hunter into the White House for months and put him on Air Force One.
Is it now, “Keep Hunter close and self-important — or else”?
Hunter Biden’s China-Ukraine Axis
Did the president’s son hope to make billions by bringing China into Ukraine?
[Editor’s note: Make sure to read Daniel Greenfield’s contributions in Jamie Glazov’s new book: Barack Obama’s True Legacy: How He Transformed America.]
At first glance, Hunter Biden’s business dealings appear to be internationally opportunistic, leaping from one part of the world to the other, exploiting whatever openings emerged.
Closer scrutiny however suggests that Hunter and his business partners were piggybacking on the foreign and domestic policies of the Obama administration, converging on green energy investments at home, and Chinese and Ukrainian oligarchs looking to do business in America.
Hunter Biden’s perceived value to foreign interests was his inside track, through his father, and that was reinforced when his father showed up at restaurants or phoned into meetings. And while Hunter scored millions, there is growing evidence that the true scope of the deals on the agenda, which would have been in the billions, were never realized. As Joe Biden’s political career appeared to be over, a desperate Hunter began a downward spiral of drug abuse.
A key piece of the puzzle emerged with the revelations made by an FBI informant that Hunter Biden had tried to convince Burisma’s co-founder to launch an IPO by buying an American energy company. While the informant advised Burisma against the move, I speculated that Hunter might have been looking to get in on the ground floor of a major domestic energy deal that would have been worth billions by bringing together a U.S. company with Burisma.
J.E. Dyer, a former US Naval Intelligence officer who has spent a good deal of time investigating Biden’s scandals, has written an extended analysis that brings China into the picture.
Dyer points out that Hunter’s people were working with both Ukrainian and Chinese energy interests, Burisma and the CEFC Energy conglomerate which has been linked to China’s Communist Party. CEFC had provided Hunter with millions in investment capital through an entity known as Hudson West III. The question is where would all that money go?
In 2016, Ye Jianming, the CEFC chairman, announced that he wanted to expand “by acquiring global assets”. A year later, CEFC would try to buy a giant stake in Putin’s state-owned Rosneft company, but might Ye have been considering a deal that would bring American and Ukrainian energy assets into CEFC’s portfolio in what would have been a major coup for the company?
CEFC had been built around doing business in war zones like Sudan and Iraq, but Ye had bigger ambitions to bring in energy assets in safe and prosperous parts of the world. The PRC was too dependent on getting its energy from places that American and European companies didn’t want to go. Going into Ukraine, back then, might have seemed like a step up. And buying into America’s energy industry would be a crucial expansion into a prosperous enemy nation.
This clicked neatly with Ye’s double identity working with a People’s Liberation Army’s front group that was also collecting intelligence. To that end, Ye may have gifted Hunter an $80,000 diamond. Diamonds are a convenient way of moving vast sums of money around that are less likely to be tracked by the authorities. Giving Hunter a diamond also amounted to having potentially compromising materials on the son of the vice president and potential president.
Ye had previously intended to make the Czech Republic into China’s “Gateway to the European Union”, but Ukraine represented an even more vital supply line. Packaging together Burisma, Ukraine’s vital producer, an American energy company, and influence at the highest levels of the White House would have been the deal of a lifetime.
Furthermore, as Dyer notes, China wanted to secure liquid natural gas exports from the United States. Combining Burisma and an American energy company would have given CEFC and China critical control over natural gas production so vital to Europe and imports from America.
The national security implications of such an arrangement that would have provided vital pieces of China’s economic expansionism in America and around the world could have been catastrophic. Fortunately for the United States, Hunter had the worst luck in the world.
Both Burisma and CEFC were deeply corrupt organizations and they could not outrun their legal problems. While Joe Biden was able to intervene and get a Ukrainian prosecutor investigating Burisma fired, its founder, Mykola Zlochevsky, continued struggling with investigations at home and abroad, and was arrested in absentia in 2020. Joe Biden would now be in a great position to allow Zlochevsky to come home, but Burisma long ago stopped paying Hunter’s bills.
In 2017, CEFC’s top lobbyist, Patrick Ho, was arrested in New York and charged with trying to bribe the president of Chad. A year later, Ye Jianming had been detained for economic crimes in his own home country and has since ‘disappeared’. The Bidens had built their business around deals with corrupt foreign oligarchs who were operating inside corrupt systems. Zlochevsky had been close to Ukraine’s former Russian-backed regime and was at odds with the new government. CEFC fell afoul of Xi’s consolidation of power conducted under the guise of cracking down on corruption. And at a crucial moment, Joe Biden no longer had any access.
Hunter might have hoped to bring Jianming and Zlochevsky together around an American business deal, instead Zlochevsky ended up in Cyprus and Jianming went missing. And while we don’t know what Hunter’s Chinese partners really thought of him, the FBI informant material shows that Burisma’s bosses had come to view Hunter with distrust and contempt. In a cutthroat business, Hunter was an unstable amateur whose only real asset was his last name. As Hillary Clinton shouldered Joe Biden out of the way, Hunter’s usefulness was rapidly disappearing.
In 2017, with Joe Biden out of office, Hunter sent a threatening text message to a Chinese investment partner, Henry Zhao of Bohai Harvest Fund Management. “I am sitting here with my father we would like to understand why the commitment has not been fulfilled,” he blustered. “I will make certain that between the man sitting next to me and every person he knows and my ability to forever hold a grudge that you will regret not following my direction.”
Less than two weeks later, Hunter’s law firm got $100,000 from CEFC and then $5 million sent to Hudson West III, a joint investment firm, but by then Burisma had cut Hunter’s compensation sharply and a deal bringing together Ukraine, China and an American company was likely impossible. Burisma had too many legal issues and Joe Biden could no longer fix them. CEFC’s own fortunes would begin to unwind toward the end of the year leaving Hunter high and dry. With CEFC under investigation in the U.S., Hunter’s transfers were being flagged.
Unlike Zlochevsky and Burisma, CEFC and Ho seemed to have taken too long to realize that Hunter Biden was worthless and certainly couldn’t protect them against a criminal investigation. The Justice Department carefully avoided touching Hunter and Joe’s brother James, along with other politically connected figures on the American end, but swept up assorted foreigners.
On the other side of the ocean, China’s Communist regime finished the job. Ye had hoped to eclipse giants like Sinopec and the China National Petroleum Corporation, instead, like many other Chinese oligarchs, he discovered that Xi wanted consolidation not competition. The PRC was still going to remain a Communist system and Ye proved to be a threat rather than an asset. Had CEFC managed to bring together America, China and Ukraine, or successfully closed the deal for a major stake in Rosneft, Ye might have survived, but instead he failed.
Hunter’s downfall parallels that of Burisma and CEFC. As they spiral downward, he gets divorced, begins doing dangerous amounts of drugs and burning through his money.
By 2019, CEFC is done and Burisma is just about played out, Hunter Biden drops off his laptops at a repair shop and continues stumbling through the messy shambles of his life. But at least he’s better off than Ye, though not nearly as well off as Zlochevsky who is living the good life.
Having blown his big chance, Hunter is doing what addicts do, hitting bottom.
The original glorious dream that might have brought together a Chinese Communist energy company, a Ukrainian energy producer and Democratic Party political insiders primed to cash in on an IPO that might have been worth billions was also left behind along with so much else.
Hunter, like his Chinese partners, had flown too high, and like them he was falling back to earth.
(J.E. Dyer’s incredible work can be found at her site: The Optimistic Conservative.)
Daniel Greenfield
Daniel Greenfield, a Shillman Journalism Fellow at the David Horowitz Freedom Center, is an investigative journalist and writer focusing on the radical Left and Islamic terrorism.
Reader Interactions
As VP, Biden Signed Off On Burisma Talking Points While Talking to Burisma Boss
"The Vice President... has no involvement with this company."
Nothing to see here, that’s been the consistent line. We don’t need to worry about whether Joe Biden was involved in his son’s business because he said he wasn’t and this, uniquely of all times, we should take him at his word. It doesn’t matter that he was dropping by events with his son’s business partners or calling in on the phone. This is a perfectly normal thing for the vice president of the country to do.
And we needn’t be concerned that when Biden threatened to cut off foreign aid to Ukraine unless a prosecutor that Burisma wanted gone was fired that it had anything to do with his son being retained by Burisma.
If you doubt that, here’s Biden’s people putting out formal talking points while their boss was chumming with his son’s business partners.
The House Oversight Committee on Wednesday demanded records from Joe Biden’s vice presidency citing the “suspicious” timing of his alleged communications about Ukrainian natural gas company Burisma Holdings.
Biden approved press quotes about Burisma, which was paying his son Hunter Biden $1 million per year, on Dec. 4, 2015 — the same day Hunter allegedly called his dad from Dubai with Burisma owner Mykola Zlochevsky and Burisma board adviser Vadym Pozharskyi, committee chairman James Comer (R-Ky.) wrote to the National Archives.
“On December 4, 2015, at 10:45 a.m. — in an email with the subject of ‘Quotes’ — Eric Schwerin (a longtime Biden family business associate) wrote to Kate Bedingfield in the Office of the Vice President providing quotes the White House should use in response to media outreach regarding Hunter Biden’s role in Burisma,” Comer wrote to Archivist Colleen Shogan.
“Later that day — at 2:30 p.m. — Ms. Bedingfield responded to Mr. Schwerin saying, ‘VP signed off on this’,” Comer wrote.
And those talking points should put the whole thing to rest.
The approved quote read: “Hunter Biden is a private citizen and a lawyer. The Vice President does not endorse any particular company and has no involvement with this company. The Vice President has pushed aggressively for years — both publicly and with groups like the US-Ukraine Business Forum and privately in meetings in with [sic] Ukrainian leaders — for Ukraine to make every effort to investigate and prosecute corruption in accordance with the rule of law. It will once again be a key focus during his trip this week.”
The Vice President has no involvement with the company whose head he was chatting with and his trip to Ukraine will in no way to about furthering their interests.
The level of corrupt cynicism here is breathtaking.
“The Vice President does not endorse any particular company and has no involvement with this company.”
That’s a lie. Biden knew it was a lie.
Nothing to see here, that’s been the consistent line. We don’t need to worry about whether Joe Biden was involved in his son’s business because he said he wasn’t and this, uniquely of all times, we should take him at his word. It doesn’t matter that he was dropping by events with his son’s business partners or calling in on the phone. This is a perfectly normal thing for the vice president of the country to do.
And we needn’t be concerned that when Biden threatened to cut off foreign aid to Ukraine unless a prosecutor that Burisma wanted gone was fired that it had anything to do with his son being retained by Burisma.
If you doubt that, here’s Biden’s people putting out formal talking points while their boss was chumming with his son’s business partners.
The House Oversight Committee on Wednesday demanded records from Joe Biden’s vice presidency citing the “suspicious” timing of his alleged communications about Ukrainian natural gas company Burisma Holdings.
Biden approved press quotes about Burisma, which was paying his son Hunter Biden $1 million per year, on Dec. 4, 2015 — the same day Hunter allegedly called his dad from Dubai with Burisma owner Mykola Zlochevsky and Burisma board adviser Vadym Pozharskyi, committee chairman James Comer (R-Ky.) wrote to the National Archives.
“On December 4, 2015, at 10:45 a.m. — in an email with the subject of ‘Quotes’ — Eric Schwerin (a longtime Biden family business associate) wrote to Kate Bedingfield in the Office of the Vice President providing quotes the White House should use in response to media outreach regarding Hunter Biden’s role in Burisma,” Comer wrote to Archivist Colleen Shogan.
“Later that day — at 2:30 p.m. — Ms. Bedingfield responded to Mr. Schwerin saying, ‘VP signed off on this’,” Comer wrote.
And those talking points should put the whole thing to rest.
The approved quote read: “Hunter Biden is a private citizen and a lawyer. The Vice President does not endorse any particular company and has no involvement with this company. The Vice President has pushed aggressively for years — both publicly and with groups like the US-Ukraine Business Forum and privately in meetings in with [sic] Ukrainian leaders — for Ukraine to make every effort to investigate and prosecute corruption in accordance with the rule of law. It will once again be a key focus during his trip this week.”
The Vice President has no involvement with the company whose head he was chatting with and his trip to Ukraine will in no way to about furthering their interests.
The level of corrupt cynicism here is breathtaking.
“The Vice President does not endorse any particular company and has no involvement with this company.”
That’s a lie. Biden knew it was a lie.
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