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

0
4K

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
Buscar
Categorías
Read More
Real Time Facts
[INSANE] Monument Honoring Nazi Victims in France Defaced With Antisemitic Slurs
So far, the perpetrators have not been identified, according to the regional French newspaper...
By Israel Swords of Iron Ops 2024-11-12 10:22:48 0 3K
Cloak & Dagger
Signs show Israel prepares major strikes in Iran and Yemen, reports Alhurra
The American news network Alhurra reports in its main headline that all indications suggest...
By Israel Swords of Iron Ops 2024-12-14 16:11:44 0 2K
News & Politics
Massacres Across Israel From the Eyes of Hamas Terrorists
For those who do not realize yet how horrific are those radical organizations. Terrorist is...
By Israel Swords of Iron Ops 2023-10-24 08:07:20 0 14K
Cloak & Dagger
Hamas commander tells troops it’s time to surrender to the IDF
‘We came to the decision we don’t want to fight, & as soon as the army comes, we...
By Israel Swords of Iron Ops 2024-02-09 23:15:10 0 8K
Cloak & Dagger
Trump Envoy Steve Witkoff on Gaza: '30K unexploded munitions'
U.S. Mideast envoy Steve Witkoff on Tuesday backed Trump’s proposal to relocate...
By Israel Swords of Iron Ops 2025-02-05 18:59:25 0 2K