Joe Biden’s brother, James “Jim” Biden, has seemingly benefited from his brother’s political status all his life. At various times, he has been a campaign finance expert, a nightclub owner, and a hedge fund mastermind. Jim seems to be a man who wears many hats; but in reality, it only carries one: Joe Biden’s brother.
I detail many of the ways in which he has lived largely thanks to his older brother in my nine News from New York best selling book Breaking Biden.
One place where James clearly leveraged his proximity to power for money was with Americore Health. Toward the end of the Obama administration, James Biden joined Americore, which operated hospitals in several states.
Joe Biden and his brother, Jim Biden, at an ice cream parlor in Charleston, WV, on October 24, 2008, during the 2008 presidential campaign. (Christina Jamison/NBCU Photo Bank/NBCUniversal via Getty Images via Getty Images)
James Biden’s experience in health care seems non-existent (are you surprised?), but his value was still clear. Promoting himself as his brother Joe’s chief fundraiser, James Biden promised he could open doors and raise money from companies around the world, a included large Turkish conglomerate.
But the promised investments never materialized. In December 2019, Americore filed for bankruptcy. Weeks later, the FBI assaulted an Americore office in Pennsylvania as part of a “white collar crime” investigation.
Politician reported in 2020 that Americore has been in legal trouble due to mismanagement. Investors and partners of the company have denounced the management, alleging false promises and misappropriation of money. Most notably, James Biden is accused of fraudulently transferring funds from Americore “outside the normal course of business.” In 2018, James took out half a million dollars in personal loans from the company, according to a former executivewhich may or may not have been reimbursed.
Last week, House Oversight Committee Chairman Rep. James Comer (R-KY) revealed that in 2018, James Biden sent now-President Joe Biden a $200,000 payment. On the same day, James had received a wire transfer of $200,000 from Americore.
“On March 1, 2018, Americore wired a $200,000 loan to James and Sara Biden’s personal bank account, not their business bank account,” Comer explained. “And on the same day, James Biden wrote a check for $200,000 from that same personal bank account to Joe Biden.”
What a wild coincidence. Could these payments be related?
A crucial detail is that these funds that James obtained from Americore were quite possibly illicit.
“James Biden wrote this check to Joe Biden as ‘repayment of the loan.’ Americore, a struggling company, loaned money to James Biden who then sent it to Joe Biden,” Comer. said.
Getting the exact dollar amounts and transfer dates is important. We independent investigators looking into the Bidens do not have access to bank records. You need the government’s subpoena power to do that, which Comer has.
A direct payment of $200,000 from James and Sara Biden to Joe Biden in the form of a personal check dated March 1, 2018.
Despite Joe Biden’s repeated insistence that his personal finances and his family’s businesses are not intertwined is clearly a lie.
Next: The committee should ask James what exactly he did for Americore and explain the transfers to both him and Joe.
I wish they had rebroadcasted the interrogation. Could fetch a pretty penny on Pay-Per-View.
Naturally, this isn’t James Biden’s only blatant attempt to cash in on the family name. I document several others Breaking Biden.
Unexplained trade ties to Iraq, Saudi Arabia and beyond
On November 4, 2010, a friend of the Biden family from Delaware, Kevin Justice, had a meeting in DC with the Vice President’s office. At the time, Justice was the president of a construction company called HillStone International. A couple of weeks after the meeting, HillStone hired James as an executive vice president, despite the fact that James had no experience in the homebuilding industry.
Do you notice the pattern?
(This arrangement is thoroughly documented in Breitbart News Senior Contributor Peter Schweizer’s book Profiles in corruption.)
James and Sara Biden arrive at the White House to attend the state dinner for South Korea on October 13, 2011 in Washington. (AP Photo/Haraz N. Ghanbari)
James’ Company Profile he promoted his unique experience that really mattered: “James Biden was the financial chairman of his . . . brother’s bid for a U.S. Senate seat in Delaware and he won the support of national unions, political and financial leaders across the country.”
James joined HillStone at a fortuitous time: the company was negotiating a massive contract in war-torn Iraq to build 100,000 homes. This was part of a $35 billion, 500,000-unit project, as Schweizer reported in Profiles in corruption. HillStone also won a $22 million construction contract from the U.S. State Department. The company’s founder, David Richter, told investors in a private meeting that it really helps to have “the vice president’s brother as a partner.” During the years James worked with HillStone, the company “accumulated federal government contracts for dozens of projects, including projects in the United States, Puerto Rico, Mozambique and elsewhere.”
Yes, Mozambique… and “elsewhere”.
On February 14, 2023, the daily mail reported that James Biden admitted in legal filings that he was hired by Hill International, the parent company of HillStone, to “negotiate with the Saudis on a secret $140 million deal” because of his relationship with Vice President Joe Biden, who at the time led delegations. in Saudi Arabia.
Saudi Foreign Minister Prince Saud al-Faisal (right) meets with Vice President Joe Biden in Riyadh October 27, 2011. (AFP via Getty Images)
Case documents reveal that on at least two occasions, “Jim told a former senior U.S. Treasury official who worked as a private investigator” that “he was often sent to meetings to represent Hill because” of course, the [Biden] the name didn’t hurt.” Hill CEO Irvin Richter further confided “that he selected Biden because KSA [the Kingdom of Saudi Arabia] He wouldn’t dare stiff the vice president’s brother who would be critical to the deal.”
Jim’s wife, Sara, also claimed in official affidavits that “Joe and his brother ‘told each other everything’.”
Unfortunately, this influence peddling is as legal as it is blatant.
In the system that Joe Biden built, influence peddling is legal for anyone willing to put in a little effort to find one of any number of loopholes.
A shocking connection with Ukraine
Despite being able to book concerts all over the world thanks to his last name, James, like many of the Bidens, is constantly in and out of financial trouble. he he fell deeply in debt to the Internal Revenue Service, but conveniently received a half-million dollar loan in 2015 from Biden donor and Ukrainian-American car dealer John Hynansky. Three years earlier, Hynansky’s company had done just that received a $20 million federal loan to build a new dealership near Kiev, Ukraine.
For all of these deals, Joe Biden is in the room, figuratively, if not literally. None of it would have happened without Joe. Joe, a known plagiarist, has lied about everything from driving a big rig to the death of his son.
Of course, he is willing to lie about his family’s financial dealings.
President Joe Biden signs the guest book during a meeting with Ukrainian President Volodymyr Zelensky (back) on February 20, 2023 in Kiev, Ukraine. (Ukraine Presidential Press Office via Getty Images)
Joe has boomed business for the Bidens. They didn’t have to talk to him about all the deals. They just had to talk about he
Also, only a fool would trust the word of the Bidens and not their own eyes.
Breaking Biden: Exposing the Hidden Forces and Secret Money Machine Behind Joe Biden, His Family, and His Administration is available in hardcover, e-book and audiobook read by the author.
Alex Marlow is the editor-in-chief of Breitbart News and a New York Times bestselling author. His new book Breaking Biden is available now. You can follow Alex Facebook, Instagramand Twitter at @AlexMarlow.
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