Posted on 05/27/2024 4:46:20 PM PDT by Libloather
WASHINGTON — A former business associate of James Biden has agreed to plead guilty to conspiring to defraud Medicare of $51 million through a lab-testing company linked to the first brother.
Keaton Langston, 39, admitted to using pharmacies, durable medical equipment companies and a laboratory in which he had a financial interest to bill for unnecessary tests and orders, the Justice Department disclosed last week in court filings.
James Biden, 75, has not been accused of criminal wrongdoing and has sought to distance himself from Langston, whose father Joey Langston also was associated with the first brother.
Keaton Langston founded Fountain Health, a lab company, in May 2017 and offered its services to rural hospital operator Americore Health, which later went bankrupt.
Records show James Biden was involved with Fountain Health in 2017 before connecting with Americore, which provided him in $600,000 in loans in 2018 as he allegedly vowed to use his political connections to secure foreign investors.
James passed $200,000 of the funds to Joe Biden in an alleged loan repayment.
Shortly after the lab firm launched, Joey Langston emailed James Biden and his son Keaton and three others on July 12, 2017, about an upcoming “meeting for Fountain Health partners,” Politico reported in February.
“Jim will report to the group the results of his discussions earlier today with a contact at [Blue Cross Blue Shield],” the elder Langston wrote. “There will also be discussion about how to proceed with the Union contacts that have been made by Jim and Keaton, within the last two weeks.”
Paul Fishman, an attorney for James Biden, did not immediately respond to a request for comment, but previously said his client “conducted himself ethically and honorably in all his business dealings.”
(Excerpt) Read more at nypost.com ...
did they give the big guy his 10%
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