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
Cerca
CryptoCurrency Rates
Categorie
Leggi tutto
Cloak & Dagger
NATO flexes muscles with Finnish drills on Russia’s Arctic doorstep 
Finland is turning the Rovajärvi range into a NATO playground with some 6,500 troops from...
By NavyVetUnited 2025-05-13 04:31:02 0 8K
News & Politics
THEY WANT YOU CRUSHED & ENSLAVED. WEF’S MOST INSANE AND TYRANNICAL PLANS EXPOSED
The World Economic Forum — cradle of globalists and utopians — has pushed some of the...
By NavyVetUnited 2025-05-23 08:08:00 0 4K
News & Politics
Has time finally run out for Tehran’s Islamist tyrants?
The country is falling apart, pushed to the brink by failing resources and a nuclear defeat...
By Israel Swords of Iron Ops 2026-01-08 14:04:44 0 9K
News & Politics
Tehran to resume nuclear talks with UK, France, Germany
The last meeting with the three European nations took place in November 2024   Iran will...
By NavyVetUnited 2025-01-02 10:05:15 0 7K
Real Time Facts
EU/EC... 'Queen" Ursula Remains
Members of the European Parliament rejected a vote of no confidence in the President of the...
By NavyVetUnited 2025-07-10 18:34:54 0 7K
X-Pulse, the HO1 Think Tank https://thinktank.x-pulse.org/