Hunter Biden-tied businesses made millions quickly on prospective deals, spent it as fast as it came in, and often the deals did not even pan out, according to NBC News analysis of the infamous laptop contents.
Hunter Biden and his company brought in about $11 million 2013-2018 from ties to Ukraine gas company Burisma accused of bribery and a Chinese business accused of fraud, according to the report.
NBC News' analysis reviewed laptop hard drive contents provided by a Rudy Giuliani representative, documents from the Senate, and Hunter Biden's own words from his autobiography.
The news outlet is now estimating what Giuliani, Trump campaign officials, and Republicans have warned about President Joe Biden and his son Hunter: There are serious questions of ethics, potential criminality, and national security concerns stemming from the contents of the infamous laptop that was abandoned at a Delaware repair shop.
"No government ethics rules apply to him," according to Project on Government Oversight's Walter Shaub said of Hunter Biden, because he is a private citizen.
"It's imperative that no one at DOJ and no one at the White House interfere with the criminal investigation in Delaware," Shaub warned to NBC News.
Former FBI Assistant Director for Counterintelligence Frank Figliuzzi also told NBC News what Republicans and the Trump campaign have warned since the 2020 presidential election: The Bidens are potentially "compromised."
"It's all about access and influence, and if you can compromise someone with both access and influence, that's even better," according to Figliuzzi, an NBC News contributor. "Better still if that target has already compromised himself."
Among the lurid details of Hunter Biden's money-making and cash-burning, according to NBC News, he spent $200,000 per month from October 2017 to February 2018 on luxury travel, cars, dental work, and cash withdrawals.
The latter might be connected to what Hunter Biden admitted in his autobiography "Beautiful Things," where he said the Burisma money "turned into a major enabler during my steepest skid into addiction" and "hounded me to spend recklessly, dangerously, destructively. Humiliatingly. So I did."
While Hunter Biden wrote a tale of woe as a victim of his own troublesome behavior, a February 2017 divorce filing alleged he was burning cash on drugs, strip clubs, prostitutes, and girlfriends and "leaving the family with no money to pay legitimate bills," according to the report.
NBC News reports Hunter Biden has settled his tax debts with the government, but NBC News analyst Chuck Rosenberg suggested that might ultimately amount to an admission of guilt if there is criminal liability involved.
Settling up might only "mitigate some of the damage," Rosenberg said, "but it doesn't undo the crime.
"That would be like returning money to a bank that you robbed. You still robbed the bank."
There is an ongoing criminal investigation in Delaware and Hunter Biden's attorney Christopher Clark, a former federal prosecutor, declined to comment to NBC News on record.
The U.S. Attorney's Office in Delaware would not comment on an ongoing investigation.
Republicans in Congress are now in the minority and relatively powerless to effectively investigate the explosive concerns from Hunter Biden's laptop but have vowed to ramp up aggressive probes if the GOP retakes congressional gavels after November's midterms.
"Family members of presidents and other political officials are going to make money," Shaub told NBC News. "They're going to have jobs. They're private citizens, and it's really not for us to say how or when they make money.
"Unfortunately, Hunter Biden seems a lot like somebody whose primary profession is being Joe Biden's son. But unless there's a direct connection to Joe Biden, that's really more of a criticism of one private citizen rather than a government official or an administration."
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