Feds Reportedly Probed Transactions Linked To Joe Biden’s Brother In Connection With Criminal Investigation

President Joe Biden delivers his State of the Union address to a joint session of Congress in the House Chamber at the U.S. Capitol, Thursday, March 7, 2024, in Washington, D.C. (Official White House Photo by Adam Schultz)

South Florida investigators previously probed transactions tied to Jim Biden, the brother of President Joe Biden, as part of a criminal investigation, according to Politico.

The investigators are examining a business deal involving Jim Biden as well as numerous loans issued to Americore — a failed healthcare company for which Jim Biden used to work as a consultant — by an investment fund managed by a James Biden associate, according to Politico, which granted its sources anonymity to speak freely about a sensitive subject. A 2022 lawsuit filed in Florida alleges that Michael Lewitt, the money manager running the investment fund that issued the Americore loans, effectively diverted millions of dollars via bogus loans to Americore.

Additionally, George Mesires — an attorney who has previously worked for Hunter Biden and Jim Biden — represented the entity lending the money in several of the transactions that are now being examined by federal investigators, according to Politico.

Americore paid James Biden approximately $600,000 in 2018, payments that Jim Biden has described as compensation for work that included arranging the loans, according to Politico. Jim Biden or his wife transferred $200,000 to Joe Biden on the same day in 2018 that Jim Biden received a $200,000 payment from Americore.

Jim Biden is not named as a defendant in the Florida lawsuit, and it is not known if he or his dealings are the direct focus of criminal investigations, according to Politico. The president’s brother “is not being investigated by federal law enforcement in Florida or Pennsylvania,” Jim Biden’s lawyer told Politico via a spokesperson.

Jim Biden, Lewitt and Amer Rustom — the CEO of a firm called the Platinum Group who purported to have ties to Middle Eastern capital — worked together to find foreign backers for healthcare ventures including Americore, which was in poor financial condition in the late 2010s, according to Politico. The group especially looked to Qatar as a place where they could find the investment that they were seeking.

While Americore was still in search of long-term financing solutions, Lewitt’s fund started to issue loans to the company to keep it afloat on a temporary basis, according to Politico. The first loan was made on Jan. 12, 2o18, the same day that Americore paid James Biden’s company $400,000; James Biden has maintained that those funds and an additional $200,000 were compensation for organizing the loans and other work.

James Biden then received $200,000 from Americore on March 1, 2018, the same day that James Biden cut a $200,000 check from the account he shares with his wife that was made out to Joe Biden, according to Politico.

Jim Biden was working as a consultant for Americore despite having no prior experience in the healthcare sector, and he would frequently leverage his brother Joe Biden when proposing potential partnerships with prospective investors or other stakeholders, Politico previously reported.

However, that Middle Eastern investment never came through, and Americore effectively collapsed thereafter, according to Politico. Now, the Department of Justice is probing one of the company’s Pennsylvania hospitals for allegedly hosting a massive Medicare fraud and kickback scheme.

The White House did not respond immediately to a request for comment.

  1. Just wish to say your article is as surprising The clearness in your post is just cool and i could assume youre an expert on this subject Fine with your permission allow me to grab your RSS feed to keep updated with forthcoming post Thanks a million and please keep up the enjoyable work.

    1. I have just received my 3rd payment order and $30,000 that I have built up on my laptop in a month through an online agent. This job is good and his regular salary is much better than my normal job. Work now and start making money online yourself.

      Go Here…………………………………… http://Www.Careers12.com

  2. I do believe all the ideas youve presented for your post They are really convincing and will certainly work Nonetheless the posts are too short for novices May just you please lengthen them a little from subsequent time Thanks for the post.

  3. hiI like your writing so much share we be in contact more approximately your article on AOL I need a specialist in this area to resolve my problem Maybe that is you Looking ahead to see you.

  4. I was recommended this website by my cousin I am not sure whether this post is written by him as nobody else know such detailed about my trouble You are amazing Thanks.

  5. I was recommended this website by my cousin I am not sure whether this post is written by him as nobody else know such detailed about my difficulty You are wonderful Thanks.

  6. I was recommended this website by my cousin I am not sure whether this post is written by him as nobody else know such detailed about my trouble You are amazing Thanks.

  7. helloI really like your writing so a lot share we keep up a correspondence extra approximately your post on AOL I need an expert in this house to unravel my problem May be that is you Taking a look ahead to see you


Your email address will not be published.

By submitting this form, I hereby consent to TrumpTrainNews.com's Terms of Use and Privacy Policy, which permits TrumpTrainNews.com and its affiliates to contact me.