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![Modern Art, including all of Hunter Biden's art, is being used to Launder Money! 🎨=💰](https://1a-1791.com/video/s8/1/A/i/Z/t/AiZtj.qR4e-small-Modern-Art-including-all-of.jpg)
Modern Art, including all of Hunter Biden's art, is being used to Launder Money! 🎨=💰
Hunter Biden is preparing to sell his artworks at an upcoming exhibition for as much as $500,000 to 'anonymous and confidential' buyers, sparking concerns over bribery and potential money laundering.
The scandal-plagued first son, who has no professional background as an artist, will be selling off his artwork at a solo exhibition in New York City this fall.
Biden's art dealer Georges Berges, who was jailed in California in the 90s for assault, and has been accused of pulling scams on buyers, told Artnet that he has priced his latest client's artworks between $75,000 and $500,000.
All sales of Biden's artwork will be kept confidential - despite his alleged corruption over prior business deals in Ukraine and China.
It has raised concerns that buyers with nefarious interests could potentially pay for the pieces to try to get access to President Biden through his son.
There are also fears from some that the sales of Biden's artwork could result in people using laundered money to buy them and anonymous buyers in places like Russia might try purchasing Biden's son's work to try and get around sanctions currently imposed in their countries.
In October 2020, the US Treasury Department issued a warning that high-value art sales could be used by individuals and countries forbidden from doing business in the US as a way of circumventing that ban.
The Treasury Department advisory warned that the anonymity afforded to art buyers made it harder to track such illegal activity. It also warned the same buyers could then potentially re-sell the same works in the United States, enabling them to take money out of the US and potentially fund activities such as terrorism.
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