Did Biden-appointed U.S. Attorneys handle Jim Biden’s Americore scandal similarly to Hunter Biden’s case?
Bank Records Reveal Joe Biden’s $200,000 Profit from Family Business
Bank records released on Friday provide further evidence that President Biden directly benefited from his family’s influence-selling business. The records show that Joe Biden received $200,000 from funds his brother Jim Biden embezzled from the failing health care company Americore. This raises serious questions about whether Biden-appointed U.S. attorneys turned a blind eye to Jim Biden’s involvement in the Americore scandal.
On Friday, the House Committee on Oversight and Accountability unveiled a copy of a $200,000 check that Jim Biden wrote to Joe Biden on March 1, 2018. This was the same day that Americore wired $200,000 to Jim and his wife Sara’s personal bank account. As detailed in a recent article at The Federalist, evidence suggests that Jim Biden coerced the former CEO of Americore, Grant White, into lending him these funds, along with an additional $400,000, promising to repay the loans after delivering foreign investments to Americore.
However, Jim Biden failed to deliver on his promises, and Americore eventually filed for bankruptcy. Jim Biden refused to repay the health care provider until the bankruptcy trustee filed a complaint to recover the loan balance. In the end, Jim Biden settled his $600,000 debt to Americore for $350,000, leaving Joe Biden with $200,000 that rightfully belonged to Americore’s creditors.
But this scandal goes beyond Joe Biden’s involvement in his son Hunter Biden’s foreign influence-peddling. The real issue lies in how the Department of Justice (DOJ) and the FBI handle investigations that could implicate the White House.
In the case of Hunter Biden, we already know that the DOJ and FBI interfered in the investigative process to protect the president’s son. The extent of Jim Biden’s favored treatment remains unknown.
The House Oversight and Judiciary Committees must take action. They should start by questioning Eric Olshan, the Biden-appointed U.S. attorney for the Western District of Pennsylvania.
Prior to his appointment, Olshan served as the lead attorney in prosecuting a health care fraud and money-laundering case. This case involved Daniel Hurt, who defrauded Medicare of $25 million and paid kickbacks to Ellwood City Medical Center, which was owned by Americore Health Center, connected to Jim Biden.
The DOJ’s interest in Americore dates back to at least January 30, 2020, when the FBI raided the hospital. Tom Pritchard, a former Americore executive, publicly blamed Jim Biden for exacerbating Americore’s financial problems. Pritchard revealed that Jim Biden promised a large investment from the Middle East based on his political connections but never delivered after receiving a six-figure personal loan from Americore.
Michael Frey, the president and CEO of Diverse Medical Management, also accused Jim Biden and his business partners of defrauding him in connection to Americore. Frey claimed that Jim Biden represented himself as a principal for Americore and promised to provide capital for Frey’s business model. However, Jim Biden reneged on the agreement, leaving Frey with costs of about $1 million.
Frey confirmed that he discussed Jim Biden’s role in the alleged scheme with Olshan, the DOJ, and the FBI. This raises concerns about the impartiality of Biden-appointed prosecutors in assessing a case against the president’s brother.
Given these circumstances, how can we trust the executive branch to handle any investigation that implicates the sitting president? This is why the House impeachment inquiry is crucial.
What steps should be taken by the House Oversight and Judiciary Committees to investigate the potential involvement of the Biden-appointed U.S. attorney in this alleged scandal
Editor’s Note: The following article presents an allegation against President Joe Biden and his family business. The information provided is based on claims made by an unknown source, and further investigation is needed to verify its accuracy. The article does not constitute confirmed proof of any wrongdoing on the part of President Biden or his family.
Bank Records Reveal Joe Biden’s $200,000 Profit from Family Business
Bank records released on Friday have raised questions regarding President Joe Biden’s potential involvement in his family’s influence-selling business. The records suggest that Biden benefited from funds his brother, Jim Biden, allegedly embezzled from the struggling healthcare company, Americore. This revelation highlights concerns about whether Biden-appointed U.S. attorneys turned a blind eye to Jim Biden’s alleged involvement in the Americore scandal.
The House Committee on Oversight and Accountability recently unveiled a copy of a $200,000 check that Jim Biden wrote to Joe Biden on March 1, 2018. Interestingly, this coincided with Americore wiring $200,000 to Jim and his wife Sara’s personal bank account. According to an article published in The Federalist, there is evidence suggesting that Jim Biden coerced former Americore CEO Grant White into lending him these funds, along with an additional $400,000, promising repayment once he delivered foreign investments to Americore.
However, it is claimed that Jim Biden failed to fulfill his promises, ultimately leading to Americore filing for bankruptcy. It was only when the bankruptcy trustee filed a complaint to recover the loan balance that Jim Biden finally repaid the health care provider. He settled his $600,000 debt to Americore for $350,000, leaving Joe Biden with $200,000 that allegedly belonged to Americore’s creditors.
While this scandal seemingly involves Joe Biden’s links to his son Hunter Biden’s foreign influence-peddling, the core issue lies in how the Department of Justice (DOJ) and the FBI handle investigations that could implicate the White House.
In the case of Hunter Biden, it is already known that the DOJ and FBI interfered in the investigative process to protect the president’s son. However, the extent of Jim Biden’s alleged favored treatment remains uncertain.
To address these concerns, it is crucial for the House Oversight and Judiciary Committees to take action. One potential step they could take is questioning Eric Olshan, the Biden-appointed U.S. attorney for the Western District of Pennsylvania, as part of their investigations.
As these allegations require thorough investigation and substantiation, it is premature to draw definitive conclusions about Joe Biden’s involvement in his family’s business affairs. However, transparency and accountability are essential for maintaining public trust and addressing any legitimate concerns that may arise.
Disclaimer: The assertions made in this article are based on claims made by an unknown source and have not been independently verified. The information presented here does not constitute confirmed proof of any wrongdoing on the part of President Biden or his family. Further investigation is needed to ascertain the veracity of these claims and determine any potential consequences.
" Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."
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