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Biden’s $200k payment from brother receives renewed scrutiny

A $200,000 check that President Biden received from his brother James Biden in 2018, which had come under intense scrutiny, promoted a now-defunct hospital chain that the Justice Department targeted for alleged fraud. Biden has resurfaced in a new report detailing how he relied heavily on family influence to help him. .

According to a report published Sunday by Politico, James used his influence as a member of the Biden family to focus on consulting work for Amecore, a company that operates local hospitals. This did not lead to further funding for the company, and it ultimately went bankrupt. .

Fox News Digital reported last year that Amecore loaned James about $600,000 with the promise that it could use his name to raise money from the Middle East. That same day, $200,000 of the $600,000 was transferred to James’ personal bank account, prompting him to write a $200,000 check to Biden from that account.

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Mr. James Biden (left) and President Joe Biden (right). (AP/Getty Images)

Politico said an investigation into James’ work at Amecore “did not find that Joe Biden was involved with or acting on behalf of the company,” but that the president “did not find that Joe Biden was involved in or acted on behalf of the company.” indirectly benefited from his work.” Payment of $200,000.

The White House has consistently denied that the money was anything other than repayment of a loan Biden gave James as a private citizen, and redacted bank records appear to show that. $200,000 paid to James The money had been transferred from Biden’s bank account just a few weeks earlier.

But Republicans on the House Oversight Committee stressed that the payments, loan or otherwise, “appropriately point to one direction.” [Biden] His family personally benefited from promoting his name, gaining access to him, and having dubious influence. ”

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united states capitol

united states capitol (AP Photo/J. Scott Applewhite)

Committee Chairman James Comer (R-Ky.) told Fox News, “Even if the transaction in question was part of the loan agreement, Joe Biden’s ability to recover the funds is likely to be more difficult than his brother Biden’s.” “We are troubled by the fact that it’s all about cashing in on brands.” Digitized in October.

James is scheduled to be questioned on February 21 as part of the committee’s impeachment inquiry into Biden.

According to Politico, many former Amecore executives said at the time that Mr. James wanted to offer Mr. Biden a stake in the company, bring him onto the board of directors, and help him succeed in a future presidential campaign, but neither president He said that it did not happen because of the election. Company failure.

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House Oversight Committee Chairman James Comer

Chairman James Comer (R-Ky.) presents the House Oversight and Accountability Committee entitled “Inappropriate Litigation: Oversight of Third-Party Litigation Funding” on Wednesday, September 13, 2023, in the Rayburn Building. Arrive at the hearing. (Tom Williams/CQ-Roll Call, Inc, via Getty Images)

Americore is currently facing $100 million after the Justice Department discovered that one of its hospitals allegedly engaged in a scheme to defraud Medicare by billing the government for medically unnecessary laboratory tests. Dollar is facing federal charges. However, James has not been charged with any crime.

In December, Amecore’s Chapter 11 trustee told an oversight committee that a $600,000 loan was provided to James without any documentation in exchange for unfulfilled funding promises from the Middle East. I testified.

Carol Fox told the committee that James had made “representations that his last name ‘Biden’ could ‘open doors’ and that he could obtain significant investment from the Middle East based on his political connections.” He said he had filed a lawsuit against Mr. James for doing so.

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The lawsuit was eventually settled with James being required to repay $350,000 of the loan.

FOX News Digital has reached out to the White House and James Biden’s representatives for comment.

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