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Tom of Temecula

(1,632 posts)
Fri Dec 15, 2023, 12:07 PM Dec 2023

We Now Have Even More Details About James Comer's Shady Shell Company [View all]

The man leading the Biden impeachment inquiry has apparently engaged in nearly identical behavior that he has hounded the president over. In a scathing new report, the Associated Press found that a shell company held by the chair of the House Oversight Committee James Comer functioned “in a similarly opaque way” as the Biden family’s own companies.

For months, Comer has harangued the Biden family for leveraging their name to conduct business deals and for using shell companies to cloud their transactions with foreign parties and shady figures, indicting the president’s son Hunter Biden on nine tax charges related to the shell companies.

But a series of interviews and records searches conducted by the AP showed that the Kentucky Republican did something remarkably similar, transferring a six-acre parcel of land co-owned with one of his major campaign donors, Darren Cleary, to a shell company he created in 2017 with his wife.

The property has grown in value since its original purchase, jumping from a valuation of between $50,000 and $100,000 at the time of purchase to $500,001 and $1 million, according to Comer’s financial statements obtained by the outlet. That flies in the face of not only Comer’s self-purported, squeaky-clean reputation but also House rules, which require members of Congress to disclose all assets held by companies worth more than $1,000.

https://newrepublic.com/post/177578/james-comer-shady-shell-company-details

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