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Joe Biden’s $200K Check Shows He Profited From The Family Biz To The Detriment Of Innocent Creditors
thefederalist.com ^ | 10/23/2023 | MARGOT CLEVELAND

Posted on 10/23/2023 4:00:13 PM PDT by bitt

Beyond providing more proof that Biden directly profited from his family’s selling of influence, his $200,000 check reveals he has money that rightfully belongs to innocent creditors.

Bank records released on Friday show Joe Biden received $200,000 from funds his brother Jim Biden siphoned from the failing health care company Americore. Beyond providing more proof that President Biden directly profited from his family’s selling of influence, this new evidence — when read together with Americore’s bankruptcy filings — reveals Joe has the money that rightfully belongs to innocent creditors.

On Friday, James Comer, the chair of the House Committee on Oversight and Accountability, announced that bank records, provided in response to subpoenas the committee issued last month, revealed Jim Biden wrote a $200,000 check to his brother, now-President Joe Biden, on March 1, 2018 — the same day the failed Americore wired $200,000 to Jim and his wife Sara’s personal bank account.

In releasing a copy of the check and details of the discovery, Comer referenced Joe Biden’s June 2023 quip, “Where’s the money?”

“We have found a $200,000 DIRECT payment to Joe Biden,” the Republican chair countered last week, publishing a photograph of the check Jim Biden signed. The memorandum line described the money as “for loan repayment.”

In announcing the discovery of the direct payment, Comer highlighted the “immediate questions” that “President Biden MUST answer for the American people,” including whether any documentation proved “he lent such a large sum of money to his brother,” and whether he had “similar financial arrangements” with other family members. The Oversight Committee chair further asked whether President Biden knew “the same day James Biden wrote him a check for $200,000, James Biden had just received a loan for the exact same amount from business dealings with a company that was in

(Excerpt) Read more at thefederalist.com ...


TOPICS: Crime/Corruption; Extended News; Government; Politics/Elections
KEYWORDS: 200kcheck; bidencrimefamily; joebiden

1 posted on 10/23/2023 4:00:13 PM PDT by bitt
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To: null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; bitt; ...

P


2 posted on 10/23/2023 4:00:28 PM PDT by bitt (<img src=' 'width=50%>)
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To: bitt

He didn’t do anything that almost every CEO that ran a company into the ground and walked with a $20 million bonus while investors lost it all did.


3 posted on 10/23/2023 4:17:10 PM PDT by Sicon ("All animals are equal, but some animals are more equal than others." - G. Orwell>)
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To: bitt

Rep. Comer: Joe Biden’s Brother Paid Him $200K in 2018
Newsmax ^ | 20th October 2023 | Solange Reyner
Posted on 10/20/2023, 6:37:02 PM by Ennis85

House Oversight Committee Chair James Comer, R-Ky., says the panel has obtained bank records showing James and Sara Biden paid Joe Biden $200,000 in the form of a personal check in March, 2018, claiming the document shows proof of the Biden family’s influence-peddling scheme.

The document “raises new questions about how President Biden personally benefited from his family’s shady influence peddling of his name and their access to him,” Comer said in a video released Friday on the Oversight website.

James Biden, the brother of Joe Biden, in 2018 received $600,000 in loans from Americore — a financially distressed and failing rural hospital operator.

“According to bankruptcy court documents, James Biden received these loans based upon representations that his last name, ‘Biden,’ could ‘open doors’ and that he could obtain a large investment from the Middle East based on his political connections,” Comer said.

Americore on March 1, 2018, wired a $200,000 loan into James and Sara Biden’s personal bank account, according to the Oversight Committee.

On the same day, James Biden wrote a $200,000 check from this same personal bank account to Joe Biden.

“James Biden wrote this check to Joe Biden as a ‘loan repayment.’ Americore — a distressed company — loaned money to James Biden who then sent it to Joe Biden,” wrote Comer.

“Even if this was a personal loan repayment, it’s still troubling that Joe Biden’s ability to be paid back by his brother depended on the success of his family’s shady financial dealings.”

Comer said Biden must provide answers on the findings, including whether he has documents proving he lent $200,000 to his brother and what the terms of the financial arrangement was. “Did he have similar financial arrangements with other family members that led them to make similar large payments to him?” Comer

(Excerpt) Read more at newsmax.com ...


4 posted on 10/23/2023 6:01:47 PM PDT by Liz (“The only time Biden gets his hands dirty is when he’s taking cash from foreign countries." Trump)
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To: All

SEC has now filed a lawsuit over the shady healthcare business deal involving Joe’s brother Jim.


Joe Biden bribed $200,000 by Jim Biden to inveigle Mideast investors for Jim’s healthcare business?

A little episode illustrative of the corrupt Biden Crime Family’s MO.
Executives of Americore offered similar accounts of James Biden’s influence peddling .......
<><>he would invoke his brother Joe’s political position of influence
<><>Jim promised Americore “investment funds” from the “Middle East” via his brother
<><>the mideast investor funds never materialized......
<><>Jim Biden thus pushed the firm to grow quickly, taking on new financial liabilities.......
<><>this allowed Jim Biden to get a huge $650,000 company loan that he never paid back....
<><>there’s a pending question of unpaid taxes, as well
<><>James wrote the $200k check to Joe labeled “loan repayment.”


This will sound sickeningly familiar...and I quote:
”A Biden campaign official said that VP candidate Joe Biden NEVER discussed Americore with his brother or expressed support for the business. The official said that Americore’s founder, purchased a ticket to a September 2017 fundraiser for the foundation of the perpetually resurrected, Beau Biden, an event attended by Joe Biden.”
“If the two interacted in any way, it would have been a handshake and nothing more,” the official said.

Rotflol.


5 posted on 10/23/2023 6:05:57 PM PDT by Liz (“The only time Biden gets his hands dirty is when he’s taking cash from foreign countries." Trump)
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To: bitt

later


6 posted on 10/23/2023 6:08:54 PM PDT by Gay State Conservative (Two Words: Banana Republic)
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To: Sicon
"He didn’t do anything that almost every CEO that ran a company into the ground and walked with a $20 million bonus while investors lost it all did."

We can put them all in jail but, with all things being equal, I suggest we start with the guy who's about to plunge us into global thermonuclear war.

7 posted on 10/23/2023 6:41:54 PM PDT by The Duke (Why do I think that the cynicism gene is going to be prevalent in future generations?)
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To: bitt

President Retard would rip off his own mother

He probably did


8 posted on 10/23/2023 8:03:21 PM PDT by NWFree (Sigma male 🤪)
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To: The Duke
"We can put them all in jail but, with all things being equal, I suggest we start with the guy who's about to plunge us into global thermonuclear war. "

Fair enough.

9 posted on 10/23/2023 8:16:19 PM PDT by Sicon ("All animals are equal, but some animals are more equal than others." - G. Orwell>)
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