News surfaced on Sunday revealing that Jim Biden, brother of Joe Biden, leveraged his connection to the ex-Vice President to engage in business with the terrorist-backing regime of Qatar and overseas investors to fund Americore Health LLC.
During the House Oversight Committee’s probe into the Biden family’s alleged corruption, it was found that a $200,000 payment was made directly to Joe Biden, under the guise of a “loan repayment.”
No IRS filings or loan agreements were available to prove this claim.
In 2018, Jim Biden received $600,000 in ‘loans’ from Americore Health LLC, a failing/bankrupt rural hospital operator.
According to bankruptcy documents, Jim Biden received the loans “based upon representations that his last name Biden could open doors and that he could obtain a large investment from the Middle East based on his political connections.”
Rep. Eric Swalwell (D-CA) and US Senate Candidate Ruben Gallego (D-AZ) ride camels on trip to Qatar paid for by US-Qatar Business Council
On March 1, 2018, Americore Health LLC wired a $200,000 payment to Jim and Sara Biden’s personal bank account. On that very same day, Jim Biden then wrote a $200,000 check to Joe Biden, AKA, “The Big Guy.”
Jim Biden wrote the check to Joe Biden as a so-called “loan repayment.” Does Joe Biden have documents proving he lent his brother such a large sum of money? “What were the terms?” Comer asked.
Before this, Biden was reportedly engaged in fundraising for Americore while seeking “investment funding” from sources in the Middle East.
During that period, Qatar faced financial isolation and a blockade by neighboring countries, including Saudi Arabia, over allegations of supporting terrorism.
In response, Qatar’s leaders began offering gifts and financial benefits to influential Westerners, including investment funding, to enhance relationships in the United States and Europe.
Democratic Senator Bob Menendez of New Jersey and his wife faced charges of bribery and corruption, linked to their involvement in benefiting from Qatar’s efforts to increase its influence in the US.
Additionally, connections were uncovered between Matthew Graves, the contentious US Attorney for the District of Columbia appointed by Biden, and Qatar—a nation accused of backing terrorism—as well as foreign banks that fund terrorist operations.
The ties between Biden’s family, Democratic associates, and questionable connections with foreign adversaries have raised concerns about potential conflicts of interest.
Presentations to potential investors for Americore described Jim Biden as the “Brother and Campaign Finance Chair of former Vice President Joe Biden.” Dubai is another reported source of money handled by Biden and his partners.
Politico reports:
New details about Jim Biden’s foreign fundraising efforts are spilling out in a Kentucky bankruptcy court, where recent testimony indicates that President Joe Biden’s brother partnered with Qatari government officials in his quest to find money for U.S. health care ventures.
The sworn testimony by fund manager Michael Lewitt, a former business partner of Jim Biden’s, attests that two companies that facilitated the efforts were part-owned by “members of the Qatari government.”
Public records and emails obtained by POLITICO offer a window on fundraising efforts in which Jim Biden invoked his ties to older brother and sought workarounds to restrictions on international money movements. Transactions related to the efforts are also at the heart of a recently-settled fraud case brought by the SEC and are being scrutinized as part of a federal criminal investigation in South Florida.
Jim Biden suggested to congressional investigators in February that his fundraising efforts stalled for lack of viable projects to back. But the previously unreported testimony by fund manager Michael Lewitt about the ownership of the two companies — the Platinum Group USA and Obermeyer Engineering Consulting — indicates that Jim Biden forged closer ties to Qatar’s government than previously understood.
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