Biden Brother Wanted To Give Joe ‘Equity’ For Access

[Elaine Sanchez, Public domain, via Wikimedia Commons]

For someone who has claimed to have no knowledge of what his family was up to, Joe Biden’s family certainly seemed to use the president’s name a lot and often promised to sell access to him to anyone willing to pay them.

While we all know about Hunter Biden’s various exploits, it now appears that the president’s brother also tried to exploit his proximity to power in order to score a huge deal with a medical company–a deal that explicitly included putting money in Joe’s pocket.  

During the last years of the Obama administration, Joe Biden became an influential figure in the healthcare sector. He had the president’s ear and sympathy in prioritizing the battle against cancer at the federal level. Before becoming president, Joe thought that it could be an important piece to securing some sort of legacy, a legacy that his brother hoped to cash in on, according to Politico.

For then 67-year-old Jim Biden, the third of four Biden siblings, his ties to his older brother made up much of his pitch as he pursued deals that could help Americore make money from drug rehab, lab testing and even cancer treatment.

“This would be a perfect platform to expose my Brothers team to [your] protocol,” Jim Biden wrote to the CEO of a Tampa-area company that controlled licensing rights to an experimental cancer treatment the hospital operator wanted to offer. “Could provide a great opportunity for some real exposure.”

The email, obtained by POLITICO from a person close to the company, documents one of the many ways in which Jim Biden invoked his brother’s name and clout in the course of his work with Americore, which has since gone bankrupt, wreaking havoc in rural communities in the process.

Jim Biden spoke of plans to give his brother equity in Americore, according to one former Americore executive, and install him on its board, according to a second. He also said that if Americore could find a winning business model for rural health care, his brother could promote the company in a future presidential campaign, a third former executive told POLITICO. All were granted anonymity to discuss a company mired in legal and political controversy.

The investigation was revealed as the White House continues to face scandals on multiple fronts, including an impeachment probe into the Biden family’s business dealings. 

Jim Biden proposed securing funds from Middle Eastern investors to support Americore’s expansion. However, unsurprisingly, the president’s brother failed to deliver, and the money never materialized, leading to the company’s collapse. 

The Daily Mail noted that the “company also remains under investigation, accused of $100 million in Medicare fraud.” 

Furthermore, the investigation showed that three of the president’s relatives “were also employed by Americore, including Jim’s wife Sara and his son Jamie.” 

As always, Hunter was also involved in the scheme. The outlet said that the Crown Prince of the Biden Family “met with the company’s CEO and his personal physician, Kevin O’Connor. The two joined in on a meeting with Jim and the president of the hospital.”

Last October, House Republicans released bank records of Jim Biden that showed the president’s brother cut him a $200,000 personal check paid to Joe. “The personal check,” said CBS News, “which was labeled a loan repayment, was issued before Biden’s presidency, on the same date in 2018 when Americore Health LLC, a healthcare company that manages rural hospitals across the United States also wired a $200,000 loan into James Biden’s PNC bank account.” 

Does anyone really think it’s a coincidence that James Biden was selling services from Joe Biden to a medical company that just so happened to pay James the exact amount of money he owed Joe on a loan? 

Ok, anyone besides Democratic member of the Oversight Committee Dan Goldman, who believes the president only talked about the weather with Hunter’s business pals. 

In a statement, Paul Fishman, Jim Biden’s lawyer, said his client “conducted himself ethically and honorably in all his business dealings.”

[Read More: Biden Only Has One Option Left]

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