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Plata, a digital banking platform partnered with the Mexican government to enable migrants to send and receive remittances, has deep financial and personnel ties to Hunter Biden.
The fintech startup describes itself as a “multi-balance, multi-currency digital wallet and payment ecosystem” and was founded by one of Hunter Biden’s long-time business partners Jeff Cooper. Documents unearthed from Hunter Biden’s hard drive also reveal that the president’s son held an 8.25 percent stake in ePlata through his company Owasco LLC, though it is unclear if he still retains the position.
Several individuals who have financial ties to Hunter Biden, however, have recently been appointed to the company’s Board of Directors.
Emails obtained from Hunter Biden’s hard drive prove the president’s son was profiting off of ePlata, receiving a $20,000 wire transfer from the company in April 2015.
ePlata “offers worldwide banking without the need for a traditional bank account,” continues a company synopsis, which also raises concerns about the platform potentially being used for money laundering and other criminal activities including human trafficking.
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