Morgan Stanley filed formal complaint with SEC against Hunter Biden

A banker from Morgan Stanley revealed that the institution had reported Hunter Biden, the son of President Joe Biden, to the U.S. Securities and Exchange Commission back in 2016.

Apparently, 170 suspicious activity reports were pushed to the U.S. Treasury Department for review. However, Morgan Stanley having filed an official complaint is a far more serious development than a suspicious activity report.

The individual who filed the report complaining of “suspicious” transactions and “fraudulent” schemes had his name redacted. Much of the document detailing the report is also redacted.

The complaint stated, "[Whistleblower redacted] had made various reports to his employer, Morgan Stanley, regarding the fraudulent schemes detailed in the addendum, which were perpetrated by third parties.

The report added, "In addition to seeking recovery in connection with his prior reporting [whistleblower redacted] makes this submission offering new information concerning additional securities frauds being perpetrated."

No doubt House Republicans investigating Hunter Biden's business activities will be looking into this document as they put together a case against the president and his son.