Posted on 02/09/2021 7:14:31 PM PST by Art-Diver
A top ethics lawyer during the Obama administration said this week that President Joe Bidenâs administration should clarify ethics rules after it was revealed his brotherâs law firm was using the sibling relationship in promotional material.
Frank Biden was hired by Berman Law Group as a senior adviser in 2018. Since then, the Florida-based company has touted his ties to Joe Biden. In one post in 2018, the firm wrote that âJoe Bidenâs brother joins The Berman Law Group.â In an advertisement that ran on the day Joe Biden was inaugurated, the firm said Frank Biden shared his brotherâs âcommitment to environmental and social justice.â
(Excerpt) Read more at theepochtimes.com ...
Joebama served his purpose. Time to kick him to the curb. With a golden parachute, of course.
This is just Obama Backup plan #6,386 to keep Biden on his Leash...
Yep. Once he is no longer needed they will suddenly get concerned about his past accusations or mental state.
Some in fighting....jealous envy.
Libya loved that Billy Beer guy
“It is not acceptable for the President of the United States to be part of the book promotion tour. No,” tweeted Shaub, a U.S. Office of Government Ethics former director under 0bama.
Deflection? Highlight a weak thing like this to draw attention away from more significant conflicts of interest?
Make it appear that Biden is being held accountable, blah, blah, woof, woof.
Anything is possible with these people.
Conflict of interest? LOL!
Did he say this during the time Biden was Vice President with his both his brother’s and son’s business dealings?
The author has obviously got things terribly confused - no democrat in living memory has any concept of ethics.....or morals....or any other standards. All democrats know how to do is lie, cheat and steal. When you have no soul, there are no limits.
Why? I mean, sure, it looks bad. But what would be done to him or Hunter?
Dominion and Congress will cover Joe and the media and DOJ will cover them both.
Top Ethics Lawyer, meet the bus to Ft. Marcy Park.
Jim Biden and wife at Obama WH state dinner......a WH invite means you paid Obama bigtime.
=========================
Lawsuit Documents Allege James Biden Committed Fraud, Racketeering
The Federalist ^ | May 21, 2020 | Mark Hemingway / FR posted on 5/21/2020 by Kaslin
Documents prepared as part of an ongoing lawsuit against Biden and his business partners allege they are in violation of Racketeer Influenced and Corrupt Organizations Act (RICO) and have committed fraud.
In January the FBI raided the offices of Americore Health, a health care company that manages rural hospitals, where James Biden, brother of former vice president candidate and current presidential candidate Joe Biden, was a major investor.
Documents prepared as part of an ongoing lawsuit against Biden and his business partners, hedge fund managers Michael Lewitt and Amer Rustom, allege they are in violation of Racketeer Influenced and Corrupt Organizations Act (RICO) and have committed fraud related to their investments in Americore and another company, Diverse Medical Management.
The documents, prepared in March, were never submitted to the court and sources now say the lawsuit is headed for a settlement.
In the documents, Grant White, the former CEO of Americore, makes detailed allegations:
<><> Biden’s corrupt business practices helped drive his company into bankruptcy.
<><> alleges that Biden improperly took money meant for company operations and lined his own pockets.
<><> Biden failed to make good on promises that his political connections
<><> Biden said he'd deliver large investments from the Middle East.
snip
White was prepared to submit a sworn declaration in the ongoing lawsuit against Biden and his business partners backing up his allegations. Further, he turned over a significant number of primary documents undergirding these claims that were reviewed for this article.
“[Biden told me] there’s not a single door in the country that we can’t open. So if I wanted to meet, you know, the head of Google, it’s a phone call,” White says. “He always represented himself as the fundraiser for his brother’s campaigns… he was the guy raising the money and so he knew everybody.”
According to White, James Biden, along with hedge fund managers Michael Lewitt and Amer Rustom, became enamored of Americore’s business model and approached White about investing. They agreed to enter into business on the promise that Biden and partners would deliver upwards of $30 million to invest in Americore.
Questions About a Loan Backed by Biden’s Vacation House
White says Biden's big investment money never materialized.......and alleges that Biden – who eventually had business cards declaring him a “principal” at the company – improperly diverted money from loans made to Americore for his own personal use. According to White, Biden approached him in January of 2018 and told him his Florida vacation home had been damaged in Hurricane Irma a few months prior, and his insurance would not cover the repairs.
Biden owns a six-bedroom vacation home on Keewaydin Island near Naples, Florida. His VP brother vacationed there as well.
Biden spent $2.5 million purchasing the house in 2013, a questionable expense considering he would later be slapped with a lien by the IRS for failing to pay $589,000 in 2013 federal taxes. (In 2016, Biden tried sell the house for $5.9 million – it eventually sold in 2018, after sustaining hurricane damage, for $1.35 million.)
In addition to the damage sustained by the vacation home, White says Biden was deeply concerned about paying back a personal loan that was due, which was secured by the vacation house. He was worried about losing his vacation home, so he approached White. “There were financial challenges there and loans from friends and business associates, and many of these generous lenders have political ties to his brother Joe.
Among those lenders was John Hynansky, a Ukrainian-American businessman and donor to Joe Biden’s campaigns, who in 2015 gave Biden a $500,000 loan that “came as Biden’s brother faced financial difficulties elated to his acquisition of a multimillion-dollar vacation home,” according to Politico.
According to White, Biden was not the only one laundering money through Americore. In his declaration submitted to the court, which can be read here and here, White says Biden’s business partner Michael Lewitt was taking money from the hedge fund he managed and giving it to himself, using Americore as a pass-through:
On more than one occasion, Michael Lewitt directed his hedge fund to loan Americore money for his own personal use. On approximately April 18th of 2019, On more than one occasion, Michael Lewitt directed his hedge fund to loan Americore money for his own personal use.
On approximately April 18th of 2019, Michael Lewitt directed his hedge fund to loan $960,000 to Americore’s payroll account. He then directed me to pay him $950,000 via wire from the Americore account to Lewitt’s personal bank account. The money transferred on April 22, 2019. Lewitt told me he needed $950,000 so he could pay his personal IRS tax lien.
To buttress these allegations, White submitted a copy of a wire transfer in the amount of $950,000 dated April 19 of last year. A source close to Lewitt disputes this allegation.
The source says that although the wire transfer went to Lewitt personally, it was to pay back a loan from Lewitt’s hedge fund, and further, Lewitt hasn’t had any tax liens in the last few years.
While White says he tolerated Biden and Lewitt’s unusual financial arrangements because he wanted to help out friends, the other reason Biden and Lewitt’s alleged skimming didn’t trouble him was that he believed Biden’s promises that he would raise much larger sums for Americore, and strung him along with repeated promises that tens of millions of dollars in investment money would arrive imminently.
White says he had almost no role in these efforts to raise money overseas. A lawsuit filed last year by Tennessee businessman Michael Frey and Dr. Mohannad Azzam, owners of Diverse Medical Management, against James Biden, and involving Americore, confirms that Biden and Lewitt also promised them that they would raise money from Qatar and a large Turkish concern, Dogan Holdings.
Despite the promise to raise an initial $30 million for Americore and much more later, White says the money for Americore never materialized. Among the reasons White was told that money didn’t come through: their investors ran afoul of Trump administration sanctions on foreign businesses.
“[Trump] put some stuff in place where it became incredibly difficult to get money from places like Qatar because they were doing business with Iran,” he says. A source close to Lewitt flatly denies that sanctions were ever a fundraising issue for Lewitt and Biden calling them “nonsense.”
Potentially Pitching to Chinese Financiers
There was, however, one notable instance where White says he did assist in raising funds for Americore. White he flew to New York and briefed James Biden and Joe Biden’s son Hunter on Americore’s business model. “Hunter wanted to hear my story cause you were going to go pitch it to its Chinese partners that he was working for,” White says.
He also confirms that James and Hunter frequently worked together. “They were definitely attached at the hip in some things,” White says. White also makes a passing reference to this episode in the court filing: “I also met Hunter Biden, who was trying to arrange financing from China.”
Hunter Biden has been facing accusations that he exploited his father’s political connections for profit, specifically that he raised large sums for his hedge fund from Chinese investors after he accompanied his father on a trip to China while the latter was vice-president. In a New Yorker profile last year, Hunter Biden also admitted to taking what appears to be an $80,000 bribe from a Chinese businessman with close ties to the government.
Neither Michael Lewitt or a representative for Hunter Biden would comment on White’s accusations. A lawyer for James Biden said he could not comment on the accusations owing to laws in Tennessee, where the lawsuit originated, that limit what attorneys can say about ongoing litigation.
White strongly disputes the charges of mismanagement against him and says the paper trail left by Americore’s bankruptcy will show that Biden and Lewitt played a disproportionate role running the company into the ground and that he has taken minimal compensation during his tenure leading the company. He also alleges that the only reason he had to declare bankruptcy for Americore was that Michael Lewitt improperly gained access to the company’s accounts and took money for himself. To that end, White has provided additional documentation showing tens of thousands of dollars of bank transfers between one of Americore’s hospitals and an account set up for Lewitt’s hedge fund, known as Third Friday Fund. White alleges that Lewitt continued to raid funds even after was he was notified the company was in Chapter 11. “I’ve been stuck in the hospital business paying massive overheads with no money and surviving for two and a half years,” he says. “And I’ve never really been able to implement the [business] model. It’s very frustrating.” A source close to Lewitt again denies the allegation he improperly accessed Americore’s accounts and wrongly took money from the company. Of Course, Lawsuits Filed The legal declaration that was the source of White’s allegations were prepared as part of lawsuit originally filed last year by Tennessee businessman Michael Frey and his partner Dr. Mohannad Azzam, owners of Diverse Medical Management and Azzam Medical Services. Frey and Azzam’s allegations closely mirror many of White’s allegations – they also claim they were being strung along with promises of large sums of money from Biden and Lewitt to acquire their health-care businesses that never materialized. The lawsuit further alleges Frey and Azzam were pushed to take out loans and expand their business operations.
They made these investments with their own money, on the assurance that they would be paid back when Biden helped secure investments from Middle Eastern investors. Eventually, Frey and Azzam became overextended and their dire financial situation forced them to file suit against Biden and his partners.
According to a December report from Knox News, the FBI is investigating an incident where Frey received an envelope containing “what appeared to be blood-stained currency from a Middle Eastern country commonly known as a haven for terror groups and a ‘torture ticket’ — a voucher for the infliction of torture.” The newspaper withheld the name of the Middle Eastern country at the FBI’s request.
White has reportedly presented detailed evidence of Biden and Lewitt’s mismanagement of Americore to Frey and his legal team, who found it convincing and asked that White be removed as a defendant.
“White has provided to Plaintiffs voluminous electronic evidence exonerating him in this Action and demonstrating that he too was a victim of the fraudulent actions of Defendants James Biden, Amer Rustom, Michael Lewitt, and Platinum Group USA, Inc., including documents indicating that millions of dollars in funds may have been taken by these defendants outside of the ordinary course of business,” notes a February court filing from Frey and his attorney. Alleged Violations of Racketeering Law Following that development, however, Frey and Azzam’s lawsuit has stalled, even though Frey and Azzam’s attorneys prepared a new filing that was never submitted to the court, which was reviewed for this article and can be read here. The filing incorporates White’s allegations, along with the supporting documentation he provided, as well as multiple heated communications from Lewitt that they allege are inappropriately threatening. The filing alleges that the cumulative behavior of Biden and his partners constitutes a violation of RICO statutes: The Investor Defendants participated in the operation and management of an association-in-fact enterprise whose aim was to enrich themselves with foreign investment under the guise of investing in companies based in the United States, including but not limited to Plaintiffs and Americore. The Enterprise was formed for the common purpose of skimming investment into target companies through fraudulent loans and wires or ostensibly legal consulting fees. The Enterprise constituted an unlawful and continuing enterprise that has driven at least two companies into dire financial straits or bankruptcy.
Other allegations in the filing against Biden and his partners include common law and promissory fraud, civil conspiracy, and tortious interference with business relationships.
A source close to Frey says recent financial pressures are one reason the filing making these allegations was never filed and Frey and Azzam are now trying negotiate a settlement in the lawsuit. Frey and Azzam’s company, Diverse Medical Management, does extensive work in nursing homes and the company has suffered serious financial hardships as a result of the coronavirus outbreak.
The Xiden crime family is loaded.
Ut, oh. Biden's using his office to enrich his family have dogged Biden from the get-go.
BACKSTORY His brother James’ venture into health care investing hooked onto Americore Health----
a chain of hospitals---- as questions swirled about James' foray into a complicated business he knew nothing about.
.....except James knew there was hundreds of billions of federal dollars just laying around for the taking.......
James finagled himself into the healthcare business with the lure of his VP brother's connections......
James even conned the company into "lending" him half a million dollars (that has yet to be repaid).
The company was suspicious-----figuring the know-nothing finagler, James Biden, was lying in wait, like a
common criminal, to steal their hospital financing business plan. One company exec pegged James Biden as a phony....
saying "he was all smoke and mirrors."
Biden molested her, then kicked former staffer Tara Reade to the curb, but other Biden staffers went on to become millionaires.
BACKSTORY Scott Green is a ‘national security lobbyist” formerly served a staffer for Sen Joe Biden. Green made a deal with Biden brother James, paying $150,000 for land tax assessed at only $38,000. In effect, James Biden got his money back while keeping most of the land—recouping his investment in just 12 months. Ex-staffer Green was the front man —— seemingly losing money to enrich James Biden.
But VP Joe Biden repaid his ex-staffer Green bigtime for doing the Biden family a financial favor. Green’s ties to Biden merited him a financial windfall (on the backs of taxpayers).
<><> members of Green’s (cough) lobbying firm, the Lafayette Group, were frequent visitors at the Obama-Biden White House.
<><> On April 11, 2010, the ex-staffer’s Lafayette Group was awarded two taxpayer-funded FEMA contracts worth a total of $5.8 million.
Where’d those millions go? Anybody know?
<><>How many other Biden staffers got federal monies?
obama had an ethics chief? That’s not only racist, it’s hysterical, cuz He FAILED at enforcing any ethics or even advising anyone on the left about ethics
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