The China Hustle

An Open Letter to David Bedein, Director of the Center for Near East Policy Research and Editor of Israel Behind the News.

A Word of Warning to the Anglo-Israeli Community: The China Hustle, the CCP, the Biden Connection, and the Erosion of Integrity in Global Business

Dear David,

I am writing to you from a place of deep personal hardship, but more importantly, out of a profound sense of duty to our community.

For decades, your journal, Israel Behind the News, has been an indispensable beacon of investigative truth, exposing corruption and lifting the veil on complex geopolitical realities that the mainstream media willfully ignores. It is in this spirit of unvarnished truth-telling that I ask you to share my story as a stark warning to the Jewish community, particularly to families in Israel with extended family and friends in the Diaspora especially the United States, Canada and the UK.

Many in our community—especially retirees who have worked a lifetime to build a legacy—frequently advise their grandchildren pursuing careers in law, business, or accounting. We teach them that a contract is a sacred bond and that financial systems are bound by the rule of law. But a massive, predatory threat has weaponized these exact assumptions against us. I learned this the hardest way imaginable.

My name is Joel Caplan. I am one of the primary victims of a multi-billion-dollar fraudulent stock scheme orchestrated by Chinese companies and the CCP in a systemic deception widely known as “The China Hustle.” as referred to in articles on Forbes and Bloomberg and the title of a documentary/expose available on Amazon and Netflix by the same name.

Through reverse mergers, fraudulent accounting, and outright fabrications, hundreds of Chinese entities listed themselves on Western stock exchanges, drew in hundreds of billions of dollars from trusting investors, and then systematically stripped the assets and vanished when these same companies were delisted by the NASDAQ and deregistered by the SEC.

When I attempted to seek justice through the American legal system, I discovered a terrifying reality. I successfully fought a grueling legal battle in the prestigious Delaware Court of Chancery (Case No. 9542-VCMR). The court ruled in my favor, granting me what should have been a $3 million judgment against the perpetrators. Yet, because the Chinese Communist Party (CCP) protects these corporate thieves and refuses to recognize Western legal jurisdiction, that $3 million ruling was treated as little more than flowery wallpaper. In the end, out of a multi-million-dollar judgment, I received back a measly, insulting $7,000.

My tragic outcome is not unique; thousands of everyday Americans are currently holding completely worthless court judgments against Chinese oligarchs who flaunt their stolen wealth with absolute impunity.

Seeing the complete failure of our judicial system to hold these oligarchs accountable is what pushed me to a breaking point. On the last night of Hanukkah in 2019, sitting in the glow of the holiday lights by the Kottel, I decided I could no longer remain silent while our political establishment enabled this economic warfare. I took the extraordinary step of drafting and submitting a formal motion to intervene in Hunter Biden’s high-profile Arkansas child support case 32DR-19-187.

My 30-page court filing exposed the common questions of law and fact regarding how billions of dollars systematically vanished from Chinese reverse-merger companies like Advanced Battery Technologies, Sino Clean Energy Orient Paper and hundreds of others and directly challenged whether there was a nexus to the $1.5 billion that Hunter Biden’s firm received from high-level Chinese state officials and wealthy elites. The “elite capture” practiced by the CCP has effectively silenced institutional oversight. Our political class was compromised, and ordinary investors paid the price.

The impact of that Hanukkah filing was immediate and explosive. When I woke up on January 1, 2020, my story had broken across the global media landscape. It was being covered by Fox Business, National Review, The Epoch Times, the Arkansas Democrat-Gazette, and Yahoo Finance. Most notably, it was featured prominently in The Daily Mail—the paper of England—where my photograph was published directly beneath the images of former President Biden and his son Hunter. It is a bitter irony that while ordinary citizens (and senior citizens) like myself were financially ruined by Chinese fraud, Hunter Biden received millions of dollars from foreign entities, failed to pay his taxes, and was ultimately granted a full presidential pardon by his father.

I later shared the intricate details of this financial warfare in an episode on Blaze TV’s Economic War Room, exposing how China utilizes these economic strategies to weaken our financial foundation.

Today, the truth of my battle is finally breaking through the censorship, heavily aided by modern technology. If anyone opens a search engine today and inputs the queries “Biden plus China Hustle” or “Biden + Joel Caplan,” the artificial intelligence models now actively synthesize and tell my story to the world. The digital footprint of this corruption can no longer be erased. I document all of the evidence, court filings, and media reports on my website, www.thechinahustle.us, which serves as a permanent archive of this global deception.

David, this is why I am urgently appealing to the readers of Israel Behind the News. Many of your readers have grandchildren currently sitting in Jewish and non-Jewish law schools or accounting programs in Israel, the United States, and across the Anglo-Diaspora. They are being trained in a Western tradition that assumes fundamental transparency, regulatory integrity, and the enforceability of contracts.

They must be warned. They must be taught that when dealing with mainland Chinese business structures and state-backed corporations, standard contracts are completely meaningless. There is no independent judiciary there, no authentic accounting oversight, and no ethical reciprocity. If a dispute arises, the system will pivot to protect the domestic Chinese National fraudster every single time.

We must equip the next generation of Jewish lawyers, accountants, and investment managers with absolute skepticism regarding Chinese financial markets. If my ruin can serve as a shield for the savings and inheritances of other Jewish families, then my struggle will not have been in vain.

I urge your readers to visit my site, study the anatomy of this scam, see the Documentary “The China Hustle” on Amazon Prime and pass this warning down to their children and grandchildren.

I am available for any inquiries. My legal fund is on the website. With utmost respect for your vital work,

Joel Caplan

Defrauded Investor & Whistleblower in the Biden cover-up, Victim of the China Hustle www.thechinahustle.us