Newly obtained bank records have provided additional context regarding the $200,000 payment that President Joe Biden received from his younger brother, James Biden, in 2018. These records, cited by the New York Post, show that the payment occurred on the same day that Joe Biden received an equivalent amount from a US hospital chain.
The funds were purportedly given in exchange for Joe Biden’s promise to secure a Middle Eastern investor for the hospital firm.
According to bankruptcy trustees for the now-defunct rural hospital operator Americore Health, James Biden received a total of $600,000 in loans from the company in 2018. The trustees alleged in a court filing that James Biden had obtained these loans by leveraging his political connections and suggesting that his last name, “Biden,” could open doors. He claimed that he could secure a substantial investment from the Middle East based on these connections.
While the specific Middle Eastern country James Biden was targeting remains unspecified in the bank records, it is worth noting that he had some involvement in a separate business relationship related to Saudi Arabia around the same time. However, the extent of his progress in securing foreign funds before Americore filed for bankruptcy in 2019 remains unclear.
In September 2022, James Biden reached an agreement to repay $350,000 of the $600,000 loan to Americore’s creditors. The nature of the relationship between James Biden, the hospital firm, and the alleged pursuit of a Middle Eastern investor adds another layer to the ongoing scrutiny surrounding the Biden family and allegations of impropriety.
This revelation comes in addition to other controversial findings involving the Biden family. Analysis of Hunter Biden’s hard drive has unearthed substantial financial transactions and questionable dealings with foreign entities, intensifying existing concerns about potential corruption.
Moreover, an FBI document alleges that Hunter Biden received a $5 million payment as part of a bribery scheme linked to his involvement with Burisma, a Ukrainian energy company. These allegations cast a shadow over the Biden administration and raise significant doubts about the family’s ethical practices.
While neither Joe Biden nor Hunter Biden have been directly implicated in any fraud cases, the consistent stream of allegations has brought their conduct under scrutiny. Critics argue that the repeated instances of questionable financial transactions create a perception of impropriety, raising valid concerns about the potential influence they may hold over decision-making processes.
These recent revelations deepen the questions surrounding potential conflicts of interest and raise concerns about the influence wielded by the Biden family. As with any allegations of this nature, it is crucial for a thorough investigation to take place to determine the legality and ethical implications of these financial transactions.
Cheyenne
October 20, 2023 at 5:22 pm
Sadly, it’s doubtful that anything will come of this discovery. On the other hand, if those involved were Republicans, or Heaven forbid, TRUMP family members…..
Edouard d'Orange
October 20, 2023 at 6:10 pm
So true, Cheyenne.
Juan
October 20, 2023 at 6:17 pm
The entire family should be hung slowly live on the air. They are all Traitors and I bet if the whole country voted for or against hanging they would hang.
blauglas
October 20, 2023 at 6:39 pm
Americans (mainly the Conservative Voters): Hello. We know have a “smoking gun” on obiden joe. Reach !
Rep Comer…plenty of ammunition to guide the impeachment to prison for obiden joe.