The New York Times on Wednesday chronicled the meteoric rise and equally precipitous downfall of Chinese oil tycoon Ye Jianming. The “People’s Liberation Army princeling” rolled into Washington as a shining example of a booming economy but now sits in an unknown Chinese prison cell while his empire collapses and his underlings face charges in U.S. federal court. The Times was particularly interested in Ye’s courtship of former Vice President Joe Biden and his family, a relationship discussed in Breitbart News Senior Editor-at-Large Peter Schweizer’s bestselling book Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends. The Ye saga could prove troubling to Biden if he makes a run at the White House in 2020 and will likely play a role in the endgame of current President Donald Trump’s trade war with China.As the New York Times described at length, Ye was a high-flying oilman who “ventured to … [Read more...] about Chinese Oil Tycoon Linked to Biden Family Headed for Legal and Financial Crash
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Sections SEARCH Skip to content Skip to site index Business Subscribe Log In Subscribe Log In Today’s Paper Business | A Chinese Tycoon Sought Power and Influence. Washington Responded. Supported by Ye Jianming courted the Biden family and networked with former United States security officials. Today, his empire is crashing down in court. ByAlexandra Stevenson, David Barboza, Matthew Goldstein and Paul Mozur Dec. 12, 2018 He struck billions of dollars’ worth of deals in Russia, Eastern Europe and Africa. He sought business with war-torn places like Chad and with international pariahs like North Korea. Ye Jianming, a fast-rising Chinese oil tycoon, ventured to places only the most politically connected Chinese companies dared to go. But what he wanted was access to the corridors of power in Washington — and he set out to get it. Soon, he was meeting with the family of Joseph R. Biden Jr., then the … [Read more...] about A Chinese Tycoon Sought Power and Influence. Washington Responded.
The 163-foot Seaquest was moored at the Huron Boat Basin in Huron, Ohio when someone set it adrift early Sunday morning, police told the Toledo Blade.The crew of the massive pleasure cruiser awoke around 6 a.m. Sunday to discover the vessel had been untied and eventually got control of the yacht. The boat had already sustained large scratches and scrapes after striking the nearby dock, causing an estimated $5,000 to $10,000 in damage, according to the police report.The super yacht is registered under a Cayman Islands flag.Cops are searching for surveillance footage from the area as the search for the culprits.DeVos — the wealthiest member of President Trump’s cabinet — along with her billionaire husband’s family own nine other luxury boats. 14 PHOTOS Net worths of Trump's Cabinet members See Gallery Net worths of Trump's Cabinet members Ryan Zinke, Secretary of the Interior: $800,000 Before serving in Congress, Zinke, who has an MBA, … [Read more...] about Betsy DeVos’ 163-foot yacht set adrift and damaged while docked in Ohio marina
National Security Facebook Twitter Flipboard Email Enlarge this image Russian businessman Viktor Vekselberg speaks during the Russian International Affairs Council in Moscow on May 31, 2016. Pavel Golovkin/AP hide caption toggle caption Pavel Golovkin/AP Russian businessman Viktor Vekselberg speaks during the Russian International Affairs Council in Moscow on May 31, 2016. Pavel Golovkin/AP This week in the Russia investigations: Enter Viktor Vekselberg. Who is helping Michael Avenatti? Oleg Deripaska's wings have been clipped — for now. The Vekselberg matter Energy baron Viktor Vekselberg has the reputation as a "nice" Russian oligarch. But his "niceness" didn't stop the Treasury Department from putting Vekselberg under sanction in April or from becoming the latest character from that world to take center stage in the Russia imbroglio this week. National Security FBI Warned Of Russian Intelligence Links To Oligarch In Cohen Payment … [Read more...] about The Russia Investigations: Another Oligarch Becomes Embroiled In The Imbroglio
Russian tycoon Oleg Deripaska attends the 7th annual VTB Capital "Russia Calling!" Investment Forum in Moscow, Russia, October 13, 2015. REUTERS/Sergei Karpukhin Russian tycoon Oleg Deripaska has handed back three private jets he was leasing because U.S. sanctions imposed on him last month make it impossible to keep using the planes The aircraft are Gulfstream executive jets, favored by jet-setting business people for their long range and plush interiors. They are now on sale for about $30 million each. Deripaska was included on a U.S. sanctions blacklist on April 6 because, officials in Washington said, he and other Russian oligarchs had profited from the "malign activities" of the Kremlin around the globe. MOSCOW (Reuters) - Russian tycoon Oleg Deripaska has handed back three private jets he was leasing because U.S. sanctions imposed on him last month make it impossible to keep using the planes, the firm retained by the owners to sell the aircraft said on Thursday. … [Read more...] about US sanctions cause Kremlin-linked Russian tycoon to have to give up his private jets