A recent investigation highlights that Pax Global Technology, a Chinese firm currently under federal scrutiny for questionable data transmissions, has ownership connections to Che Feng, an investor with ties to Hunter Biden.
Earlier this month, Hunter Biden halted lawsuits against two IRS whistleblowers who claimed that the DOJ under the former President Biden had obstructed a tax fraud investigation into him. However, Hunter’s business dealings, particularly in China, continue to draw attention, suggesting that the issues at play extend beyond mere tax fraud.
Breitbart News has revealed that Pax Global Technology Limited, a Chinese tech company facing federal inquiries related to suspicious data transmissions and possible cyberattacks, is linked through its ownership structure to Che Feng, who is notably connected to Hunter Biden. This company operates in the U.S., providing electronic payment terminals used by numerous American businesses.
In October 2021, the FBI, in collaboration with several federal agencies, conducted a raid on Pax Technology Inc., a subsidiary of Florida-based PAX, amid concerns over the company’s payment terminals allegedly surreptitiously transmitting data to unknown foreign destinations.
“The investigation is ongoing and dynamic, so we can’t disclose additional details at this moment,” an FBI spokesperson said, as reported by Bloomberg following the raid.
Krebsonsecurity has noted that reliable sources have indicated PAX technology may be employed for malicious purposes. Reports suggest that the Pax terminals are functioning as a malware repository and a control point for attacks and data gathering.
Although PAX has denied any wrongdoing, a letter from the U.S. Treasury’s Cybersecurity and Critical Infrastructure Protection Agency obtained by Bloomberg supports federal concerns on the matter.
According to Bloomberg News:
Testing revealed that the PAX devices were transmitting excess data beyond standard payment transaction processing, which was communicated to financial institutions. These transmissions were both frequent and larger than normal, raising alarms about potential risks to customer data confidentiality, an agency representative stated via email.
An independent audit commissioned by Pax later claimed that it had not extracted any personal data. Yet, notable resignations among senior Pax executives occurred just a day after the FBI raid.
Beyond the cybersecurity issues, there are also concerns regarding the figures behind PAX.
Pax’s controlling shareholder is Hi Sun Technology, the previous parent firm. Another significant shareholder, as per Peter Schweiser’s book, is Choi Feng, who links Hunter Biden to Chinese investments.
In Red-Handed:
Hunter and his partner interacted with an individual referred to as “Super Chairman,” who is Choi Feng, a Chinese magnate closely associated with China’s intelligence services and a significant figure in the relationship between Hunter and Beijing.
Earlier reports indicated that Che Feng had been arrested on multiple charges, including substantial money laundering activities and bribery.
Despite the ongoing federal probes, the PAX payment device remains in use by major retailers, although WorldPay, a Fidelity Information Service, has confirmed a halt in deploying PAX’s Point of Sale devices due to unsatisfactory answers from PAX regarding connections to unlisted websites.
Whether PAX’s associations with individuals connected to Hunter Biden will raise concerns about surveillance, transparency, and the safeguarding of U.S. financial data is yet to be determined.
