Why I'm Sharing This Now
For years, my story has been filtered through prosecutors, reporters, and pundits. Too often, those filters distort the facts, obscure context, or omit the record altogether. I believe the American public deserves to hear it directly.
What follows is not speculation or spin. It is the same narrative I gave under oath before Congress — both in closed-door testimony and in open hearings before the House Oversight Committee, broadcast on CSPAN and national television. It is part and parcel of the sworn record, now available to the American people. I was never a Biden partisan — I was, and remain, a capitalist who saw opportunity and acted on it.
By sharing it here, in my own words, I want to strip away the noise and let the facts stand on their own.
Building Burnham
My career began as an investor in distressed debt and financial services. Over time, I built and acquired businesses, culminating in the acquisition of a $6.4 billion life insurance company in Europe. That business was pristine, regulated, and successful. It was never implicated in any allegations. In hindsight, I regret my decision to combine it with U.S. assets. As the saying goes, I bet the ranch — and I came up snake eyes.
That decision set the stage for Burnham & Company. Burnham was the surviving division of Drexel Burnham Lambert, an 85-year-old Wall Street brand. Together with affiliated insurance and wealth management businesses, the Burnham platform represented more than $17 billion in audited institutional assets.
Burnham was not just a firm — it was a platform. With scale, credibility, and history, it offered the foundation to build something far larger: a diversified private equity enterprise capable of competing with the global titans of finance.
The Biden Connection
In 2014, amid geopolitical upheaval — Russia's invasion of Crimea, and the collapse of Hunter Biden and Devon Archer's Rosemont partnership — Burnham became their next vehicle. Chris Heinz had exited. Rosemont Realty was winding down. Hunter and Devon needed a replacement.
I was persuaded to “enhance” Burnham by delivering 100,000 shares of the firm — worth more than $30 million — to Hunter and Devon. In return, they offered what they called “relationship capital.” Hunter did not bring capital. He did not bring financial expertise. His value was his family name, his access, and the credibility that proximity to power confers.
Hunter Biden also became Vice Chairman and Managing Director of Burnham at an $800,000 annual salary. This fact was later uncovered by congressional investigators, despite Hunter's failure to disclose it in his own sworn testimony — a concealment that became the subject of a congressional criminal referral.
As I testified before Congress, Burnham was repositioned as the focal point for a “Biden family office” inside a global financial company. Hunter and Devon integrated international contacts from Kazakhstan, Russia, and China. The ambition was clear: we aimed to make billions, not millions.
The Fall Guy
When Hunter's activities came under scrutiny, banks filed 190 Suspicious Activity Reports (SARs) to the U.S. Treasury flagging his transactions. The spotlight swung onto everything around him — including me.
I was, as the White House itself was quoted as saying, the “perfect fall guy.” A businessman with a past. A son with a notorious father. An aggressive investor in high-stakes Wall Street trades. I had nothing to do with Hunter's foreign lobbying, but I was swept into the dragnet. Because I was “convenient,” I was made the fall guy.
I am not washing my hands of my own actions — I pled guilty, I accepted punishment, and I have expressed remorse. But Congress itself has called out what I lived through: a two-tiered system of justice. Hunter Biden received what was effectively a blanket pardon — not for specific acts, but “all acts known and unknown,” and backdated eleven years. It was unprecedented in American history.
Those sequences of decisions and actions led my business life into calamity, and my legal life into the jaws of what I can only describe as the Biden crime family's protection racket, enforced by a weaponized Department of Justice under Merrick Garland.
Chapter Four: The Capitalist's Calculation
This story is not speculation. It is a matter of record. The narrative you are reading here is the same one I told under oath before Congress and to the American people watching on CSPAN and national TV.
My decision to deliver equity in exchange for “relationship capital” was not about loyalty or ideology. I was not a Biden loyalist. I was a capitalist making a calculated bet. I treated influence as an asset, believing it could be converted into enterprise value.
Looking back, I understand both the ambition and the risk of that calculation. Aligning with Hunter Biden defined the trajectory of my life and career. And I now recognize that combining my European insurance platform with the U.S. assets was my gravest error — because the pristine insurance business was never implicated in any allegations.
But the truth remains unchanged: I pursued opportunity, not allegiance. This is my story, as sworn before Congress, broadcast to the nation, and now shared here without filter.
With respect and resolve,Jason Galanis