Why did Joe Biden’s brother do business with Qatar?

0
8K

A new report revealed that Jim Biden repeatedly used his brother’s position as both a way to attract investors and to avoid complying with money transfer laws.

 

Joe Biden’s brother has extensive financial ties with the Qatari government and exploited his relationship with his powerful family member to evade international money transfer laws, according to a bombshell report.

James “Jim” Biden reportedly offered introductions to his brother, who at the time had just finished serving as vice-president under Barack Obama, as an incentive while fundraising for the Americore hospital chain.


Americore is now the subject of an SEC and federal criminal investigation, as the healthcare network is accused of committing massive Medicare fraud.

Notably, Jim Biden received nearly $600,000 in payments from Americore, which a creditor to the now-bankrupt healthcare firm claimed stemmed from embezzled funds.

At least $200,000 of those monies were transferred from Jim to Joe Biden, in what the latter said was a “loan repayment.”

Politico report revealed that Jim Biden repeatedly used his brother’s position as both a way to attract investors and to avoid complying with money transfer laws.

An Americore investor deck viewed by Politico “described Jim Biden as ‘Brother and Campaign Finance Chair of former Vice President Joe Biden.’”

“My family could provide a wealth of introductions and business opportunities at the highest levels that I believe would be worthy of the interest of His Excellency,” Jim Biden wrote as part of a pitch to the Qatari sovereign wealth fund. “On behalf of the Biden family, I welcome your interest here.”

Hedge fund manager fund manager Michael Lewitt, who once was a business partner of Jim Biden, recently confirmed in court that he and the president’s brother had engaged in extensive fundraising efforts targeting the Qatari government.

During a recent congressional probe aimed at investigating Biden’s business dealings, Jim flatly denied that the president had benefited from his ventures.

I have relied on my own talent, judgment, skill, and personal relationships” in business, and “never my status a Joe Biden’s brother,” Jim claimed.

 

 

***

 

 

Wow
1
Search
CryptoCurrency Rates
Categories
Read More
Analysis
[Analysis] Israel’s Kurdish opportunity
As Turkey doubles down on its Islamist agenda, the Kurds remain one of the region’s few...
By Israel Swords of Iron Ops 2024-12-25 11:45:06 0 5K
Real Time Facts
Nuclear security, EU militarization... What Lavrov told US bloggers
Russia is open to US President Donald Trump’s idea of a meeting between Russia, the US and...
By NavyVetUnited 2025-03-12 12:31:19 0 8K
Cloak & Dagger
How key European States are to US operations against Iran
These details have been available through genuine sources but it's a good roundup showing how key...
By US-Israel Roaring Lion, Epic Fury Ops 2026-03-24 16:07:33 0 1K
News & Politics
France contemplates the end of the Fifth Republic
On last Friday night, France's Macron stunned Paris by re-appointing Sébastien Lecornu as...
By NavyVetUnited 2025-10-15 06:29:39 0 6K
Real Time Facts
David Meir - Hostage deal: 'My rant on it...'
Trump said that if the hostages currently in gaza were not released by the time he gets...
By Israel Swords of Iron Ops 2025-01-15 08:03:16 0 5K
X-Pulse, the HO1 Think Tank https://thinktank.x-pulse.org/