Everyone knew the Bidens had skeletons in their closet. But this is just awful.
Because Hunter Biden’s foreign ties are finally exposed and it’s worse than you think.
Hunter Biden’s Lucrative Romanian Advisory Gig
A prominent real estate magnate in Romania faced serious corruption allegations, and Hunter Biden positioned himself to earn substantial fees—potentially tens of millions—by aiding in the evasion of those charges. To advance this, he aimed to tap into funds from a Chinese firm to acquire an interest in the tycoon’s development project situated right beside the U.S. Embassy in Bucharest.
These details emerged initially through a official record of testimony from Tony Bobulinski, a past business partner of Hunter Biden.
During his appearance before House investigators in 2023, Bobulinski recounted how, in 2017, James Gilliar—a colleague of Hunter Biden—reached out to him to facilitate an arrangement involving as much as $500 million from CEFC China Energy. The funds were earmarked to reduce Gabriel Popoviciu’s stake in the Baneasa project, a sprawling development neighboring the embassy.
Since at least 2015, while his father held the vice presidency, Hunter Biden had acted as Popoviciu’s legal counsel and strategist.
Bobulinski explained that Hunter Biden, Gilliar, and fellow associate Rob Walker maintained a generous retainer agreement with Popoviciu, who saw their ties to the influential U.S. vice president as invaluable and was prepared to invest heavily to keep them on board.
Subsequent analysis by House investigators, drawing from financial statements, revealed that Popoviciu issued 17 transfers exceeding $3 million to Hunter Biden and his partners. Sixteen of these occurred during Joe Biden’s vice presidential tenure, with Biden family-linked accounts netting roughly $1.038 million in total.
Once Joe Biden departed the White House in 2017, the flow of funds from Popoviciu halted, Bobulinski noted, “because he viewed that he no longer had the power or the leverage of the Biden family for what he was dealing with in Romania.”
Bobulinski added that Hunter Biden “was livid” over the sudden end to these regular payouts.
From 2015 to 2018, amid his intense struggle with crack cocaine, Hunter Biden was indulging in extravagant stays at high-end hotels, encounters with escorts, drug binges, and pursuits of suppliers, as detailed in his autobiography.
“I guess he needed money badly,” Bobulinski remarked to the investigators.
Though the retainer had waned, Hunter Biden’s agreement with Popoviciu still held promise for a major windfall.
Plotting a High-Stakes Chinese Buy-In
The arrangement specified that success in clearing Popoviciu’s name in Romania could yield “potentially millions or tens of millions of dollars,” according to Bobulinski’s account of the contract.
By snapping up a significant share in Popoviciu’s enterprise, Bobulinski described how Hunter Biden would secure a minority ownership position, and his prominent surname could prompt Romanian officials to engage more openly on the corruption case involving the vice president’s offspring.
In the end, the property transaction collapsed, with no Chinese capital flowing into Baneasa.
This botched venture draws fresh attention in a recent publication by New York Times journalist Kenneth R. Vogel, which delves into Hunter Biden and fellow Washington figures entangled with dubious overseas players.
Vogel highlighted that the Bucharest pursuit might have enabled the Chinese to claim not just embassy-adjacent terrain, but “possibly the land on which the embassy sat.”
CEFC, now dissolved, was steered by high-ranking Chinese Communist Party officials, raising stark national security red flags for any U.S. outpost on their holdings.
Although the acquisition fizzled, Hunter Biden forged a profitable alliance with CEFC that originated during his father’s vice presidency and persisted through Joe Biden’s post-office phase and his triumphant 2020 White House bid.
House probes determined that the firm and a related entity disbursed over $8 million to the prospective first son and his collaborators, banking on the Biden brand to penetrate Western energy sectors.
Popoviciu eventually faced conviction for illicit land grabs outside Bucharest, only for a Romanian tribunal to overturn the ruling this past January.
Accusations, Denials, and the “Big Guy” Angle
Bobulinski has faced allegations of fabrication from Hunter Biden, Walker, and Gilliar, a U.K. citizen.
In 2023, Hunter Biden’s attorney, Abbe Lowell, asserted that Bobulinski had fed “numerous false statements” to the FBI about the Biden family’s commercial ventures.
Bobulinski’s boldest assertion concerning the Biden dealings implicates the ex-president himself. He alleged that Joe Biden—referred to by the group as “the big guy”—was slated for a 10% slice of the CEFC arrangement.
Gilliar, Hunter Biden, and his father have all maintained that the former president played no role in such transactions.
