Political News

Trump falsely claims Joe Biden received $3.5 million from Russia

Posted October 23, 2020 12:11 a.m. EDT
Updated October 23, 2020 8:11 a.m. EDT

Trump falsely claims Joe Biden received $3.5 million from Russia

— President Donald Trump claimed that former Vice President Joe Biden received $3.5 million from Russia and that it "came through Putin because he was very friendly with the former mayor of Moscow, and it was the mayor of Moscow's wife. You got $3.5 million. Your family got $3.5 million."

Facts First: This is false.

Trump was seemingly trying to raise an allegation previously made against Joe Biden's son, Hunter Biden, but there's no connection to Joe Biden.

Hunter Biden also denies the allegation he received $3.5 million. Hunter Biden's lawyer, George Mesires, told CNN that Hunter Biden was not an owner of the firm Senate Republicans allege received the $3.5 million payment in 2014.

A partisan investigation conducted by Senate Republicans, whose report was released this month, alleged that Elena Baturina, a Russian businesswoman and the wife of late Moscow mayor Yuri Luzhkov, sent $3.5 million in 2014 to a firm called Rosemont Seneca Thornton, and that the payment was identified as a "consultancy agreement." The report did not provide any further details about the transaction.

Hunter Biden was a co-founder and CEO of the investment firm Rosemont Seneca Advisors. But Mesires said Hunter Biden did not co-found Rosemont Seneca Thornton. It's not clear what connection exists between Rosemont Seneca Advisors and Rosemont Seneca Thornton.

Neither the Senate report nor Trump have provided any evidence that the payment was corrupt or that Hunter Biden committed any wrongdoing.

CORRECTION. This story has been updated with the correct author byline.

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