by John Solomon
Congressional investigators on Friday revealed the first evidence Joe Biden directly benefited from his family’s business dealings, releasing records showing the president got a $200,000 check in 2018 from his brother on the same day that James Biden got the same amount of money wired from a failing health care firm.
House Oversight Committee Chairman James Comer said the personal check James Biden sent to the future president on March 1, 2018 was marked as a loan repayment but investigators were confident the proceeds came from money the first brother received from Americore, which Comer described as a “financially distressed and failing rural hospital operator.”
“Even if this was a personal loan repayment, it’s still troubling that Joe Biden’s ability to be paid back by his brother depended on the success of his family’s shady financial dealings,” Comer said. in a videotaped statement released on social media.
Joe Biden has adamantly maintained he had nothing to do with his family business dealings and never benefited from them.
Comer alleged Friday that James Biden was making money from Americore by representing the family name could open up business overseas.
“In 2018, James Biden received $600,000 in loans from, Americore—a financially distressed and failing rural hospital operator. According to bankruptcy court documents, James Biden received these 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,” Comer said.
“On March 1, 2018, Americore wired a $200,000 loan into James and Sara Biden’s personal bank account – not their business bank account. On the same day, James Biden wrote a $200,000 check from this same personal bank account to Joe Biden,” the lawmaker added.
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John Solomon is an award-winning investigative journalist, author and digital media entrepreneur who serves as Chief Executive Officer and Editor in Chief of Just the News.
Photo “Joe Biden” by Joe Biden.
