Bank investigators had concerns regarding Hunter Biden’s potential association with a ‘sex trafficking ring’ and suspected he had fabricated checks to make paymentsto prostitutes. This information comes from Treasury documents, specifically Suspicious Activity Reports (SARs), which indicated that Hunter Biden’s financial accounts were under scrutiny until December 2019. Investigators had identified payments from Hunter and his affiliated companies to an alleged ‘Eastern European prostitution ring’, the Daily Mail reported originally.

In December 2019, a previously undisclosed report, submitted to the Department of the Treasury by financial crime investigators at Wells Fargo, highlighted 25 individuals linked to this suspected prostitution ring and nearly $7 million in suspicious transactions. Some of these transactions involved checks issued by Hunter, which investigators believed might have been altered to conceal payments to prostitutes from his business account.

The report stated that ‘Biden has sent money to individuals who may be part of an Eastern European prostitution ring,’ and that investigators were closely monitoring several Wells Fargo customers believed to be involved in a sex trafficking ring associated with Hunter Biden. This ring also included women with Russian passports and a Chinese company that received funds.

It is important to note that SARs are filed when bank investigators notice suspicious activities by customers, and they do not necessarily confirm any illegal activities. Previously, DailyMail.com had reported on Hunter’s substantial expenditures on escorts, totaling $30,000 in just five months, as documented in other SARs filed by banks with the Treasury.

Furthermore, Hunter’s financial transactions included substantial sums received from his business partner and Biden family friend, Rob Walker. The report mentioned that Hunter made significant cash withdrawals during a period when he admitted to heavy drug and prostitute usage. In addition to these transactions, Hunter made ‘peer-to-peer transfers’ amounting to $30,900, including payments to a female friend with previous ties to a ‘sex trafficking ring,’ as mentioned in other Treasury reports.

Investigations into these matters were ongoing, and the report did not originate from a right-wing nonprofit. The information presented here is based on available documents and reports, up to the knowledge cutoff date in September 2021