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

0
5KB

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
Pesquisar
Categorias
Leia mais
Cloak & Dagger
Arrangement of maritime traffic in Mid East: The address is Iran
Make no mistake, the Houthi attack is an Iranian attack.   Therefore, the address for the...
Por NavyVetUnited 2023-12-06 10:40:01 0 12KB
Real Time Facts
[UPDATE] Terrorist, Antisemitic attack in Manchester: what we know so far
Two people were killed in an attack near a synagogue in Manchester, England, local police said....
Por NavyVetUnited 2025-10-02 13:32:44 0 1KB
News & Politics
Middle East, Ukraine: first Putin-Macron phone talk in three years
Russian President Vladimir Putin and French leader Emmanuel Macron held their first phone...
Por NavyVetUnited 2025-07-01 18:23:13 0 2KB
News & Politics
The Fifth Republic established by Charles de Gaulle is looking increasingly ungovernable. 
French politics are so paralyzed that the resignation of President Emmanuel Macron — an...
Por NavyVetUnited 2025-09-04 11:42:39 0 1KB
Economy - Finance
Big Tech, Big Banks, Big Pharma: Biggest losers of President Trump’s tariff wars
The administration’s new cross-the-board duties have triggered a worldwide selloff, with...
Por Potus 45-47th - President Donald J. TRUMP 2025-04-08 07:50:45 0 4KB
X-Pulse, the HO1 Think Tank https://thinktank.x-pulse.org/