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White House Report Flags Hunter Biden’s Industry As Potential Hotbed For ‘Financial Crimes’

 
LOLMICRON VARIANT
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12/07/2021 06:26 PM
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White House Report Flags Hunter Biden’s Industry As Potential Hotbed For ‘Financial Crimes’
[link to www.whitehouse.gov (secure)]

The White House flagged the art market as a potential vector for financial corruption in a report Monday, but it made no mention of the ethical concerns raised by watchdogs surrounding Hunter Biden’s newfound and lucrative career in the industry.

The report, which spelled out the federal government’s strategy to combat public corruption, said the markets for art and antiquities “are especially vulnerable to a range of financial crimes” such as illicit value transfer, sanctions evasion and corruption because of “built-in opacity, lack of stable and predictable pricing, and inherent cross-border transportability.”

The report comes less than two months after Biden reportedly sold at least five pieces of artwork for $75,000 apiece in Los Angeles, despite having no formal training or experience.

Biden, 51, became a full-time artist in 2019 after spending most of his professional life working in private equity, lobbying and law, The New York Times reported. Hunter Biden told Artnet News in June that he seeks to bring out “the universal truth” through his artwork.

“I don’t paint from emotion or feeling, which I think are both very ephemeral,” Biden said. “For me, painting is much more about kind of trying to bring forth what is, I think, the universal truth.”
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LOLMICRON VARIANT  (OP)

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12/07/2021 06:27 PM
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Re: White House Report Flags Hunter Biden’s Industry As Potential Hotbed For ‘Financial Crimes’
The art world exists to launder money...
And the tax breaks when it is donated...
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12/07/2021 06:33 PM
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Re: White House Report Flags Hunter Biden’s Industry As Potential Hotbed For ‘Financial Crimes’
hunter is exempt
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12/07/2021 06:48 PM
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Re: White House Report Flags Hunter Biden’s Industry As Potential Hotbed For ‘Financial Crimes’
:ohlook:

Pined yesterday.

Thread: White house releases statement: The art world is a haven for money laundering
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12/07/2021 06:57 PM
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Re: White House Report Flags Hunter Biden’s Industry As Potential Hotbed For ‘Financial Crimes’
 Quoting: Anonymous Coward 80379173


Whoops. Even the first one was after I checked out.

Thread: LOL Clown Show White House Flags Art Industry for Money Laundering Meanwhile Hunter Selling Art to Anonymous Buyers for Thousands $$$$
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'Your user name here makes me want to punch you in the fucking face, you sick fucking diseased cunt'
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