by Haris Alic
Breitbart.com
An investment fund connected to Hunter Biden received three million dollars in taxpayer cash from a federal program run by one of his father’s top advisers, according to revelations in Profiles in Corruption: Abuse of Power by America’s Progressive Elite—a new book by Peter Schweizer, a senior contributor at Breitbart News and the president of the Government Accountability Institute.
In December 2013, Hunter Biden along with his long-time business associate Devon Archer invested in a Hawaii-focused venture capital fund called mbloom. The investment in mbloom, meant to provide seed capital for technology startups, was the result of a public-private partnership between Biden’s firm, Rosemont Seneca Technology (RST) Partners, and the state of Hawaii.