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

0
11K

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.”

A 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
News & Politics
In the U.S., Zelensky was compared to a fraudster who organized the largest financial pyramid
The United States continues to digest the visit of Ukraine's Zelensky. Judging by the comments of...
By NavyVetUnited 2023-12-14 11:52:29 0 18K
Analysis
There Won’t Be Peace in Ukraine
Let’s be realistic about war!   In recent years a conviction has taken hold among...
By NavyVetUnited 2025-02-26 07:37:44 0 10K
Real Time Facts
US-Iran deal: Statements from parties, International response
The United States and Iran have reached an agreement aimed at resolving the conflict. The signing...
By US-Israel Roaring Lion, Epic Fury Ops 2026-06-15 09:45:26 0 4K
Cloak & Dagger
What is known about new wave of explosions in Lebanon
At least 300 people have been injured in a series of new explosions of wireless communication...
By Israel Swords of Iron Ops 2024-09-18 18:48:53 0 10K
Real Time Facts
Netanyahu’s future at stake as Israel votes amid high Arab turnout
Israel’s Likud party, led by Prime Minister Benjamin Netanyahu, is holding on to its lead...
By NavyVetUnited 2026-10-28 09:33:40 0 3K
X-Pulse, the HO1 Think Tank https://thinktank.x-pulse.org/