According to Politico, Jim Biden frequently cited his brother Joe Biden's name to promote a now-defunct health care company that was implicated in massive Medicare fraud.
Jim Biden's name has appeared in investor materials and internal communications, along with some top leaders and executives at Amecore, a hospital management company aiming to revitalize healthcare in rural America, and the Biden family's name has appeared in investor materials and internal communications. At least three people worked at the company. according to responded to a Politico investigation. Jim Biden frequently cited his brother's name when pitching potential investors in the company, and sent $200,000 to Jim Biden before sending the same amount to Joe Biden in 2018. .
“This is the perfect platform to provide information to my brother (sic) team.” [your] According to Politico, while consulting with Americore, Jim Biden wrote a letter to Jonathan Brenner, CEO of a Tampa-area company that owns the licensing rights to a new cancer drug. It is said that “It could be a great opportunity for real exposure.” (Related: Chinese companies paid Hunter and James Biden millions of dollars to try to secure US energy deals, testimony shows)
House Republicans demand testimony from James Biden associates with ties to companies behind payments to Joe Bidenhttps://t.co/Qfk9irfVDv
— Daily Caller (@DailyCaller) December 29, 2023
Politico uncovered no evidence suggesting Joe Biden took any steps to benefit the company or was involved in Amecore's operations. But anonymous Amecore executives told Politico that Jim Biden is considering putting Joe Biden on the company's board, and that the company has been successful in improving health care in rural America. Joe Biden's political career might have been better if he had.
According to Politico, federal law enforcement officials are actively investigating an alleged $100 million Medicare fraud scheme involving Amecore. The Justice Department alleged that the company's hospitals in Pennsylvania entered into sham agreements and paid kickbacks as part of a broader conspiracy to bill the government for unnecessary tests.
The possibility of giving Joe Biden a stake in the company was also discussed, but those talks never materialized, a former executive told Politico. The person who Jim Biden pitched about Amecore remembered saying that his brother was in the car with him while Jim Biden spoke, the person on the other end of the call told Politico. Told.
According to Politico, the draft investor presentation included a slide outlining Amecore's management team, with Jim Biden listed just below the company's CEO. That's what it means. Jim Biden's biography describes him as “President Joe Biden's brother and campaign finance chairman,” and “a leader in health care, real estate, technology, international unions, federal agencies (particularly the Veterans Administration), He has a vast network of contacts covering post-traumatic stress.” And the insurance industry too. ” (Related: FBI secretly records Joe Biden's younger brother as part of bribery probe: Report)
According to Politico, Jim Biden was also working on an effort to block investment in the company from Qatari interests.
In a 2017 draft letter to Khalid Sultan Al Rabban, president of the Qatar Investment Authority, James Biden said: “My family has a wealth of resources at the highest levels that I believe are worthy of Your Excellency's attention. They will provide you with introductions and business opportunities.” According to Politico. “On behalf of the Biden family, we welcome your interest.”
Ultimately, efforts to secure Qatari capital were unsuccessful, and existing financial problems worsened, leading to Americore's subsequent bankruptcy, according to Politico. The company's failures resulted in significant human costs, including delayed payments to hospital employees and reduced services to patients.
“I believed Amecore could save rural hospitals,” a former Amecore executive told Politico. The sources granted anonymity to speak candidly about the issue. “It was all a scam, but it didn't take long to figure it out.”
Jim Biden paid $350,000 to settle a lawsuit alleging he played a role in the collapse of Amecore. according to To the Wall Street Journal.
The White House did not immediately respond to a request for comment.
All content produced by the Daily Caller News Foundation, an independent, nonpartisan news distribution service, is available free of charge to legitimate news publishers with large audiences. All republished articles must include our logo, reporter byline, and DCNF affiliation. If you have any questions about our guidelines or partnering with us, please contact us at licensing@dailycallernewsfoundation.org.
