James Biden Used Joe’s Name for Hospital Chain, Then It Collapsed

As you all know, various House committees are now looking into how Joe Biden’s family members, most notably his brother James, and his son, Hunter, used his name for profit.

One of the schemes where they are alleged to have used Biden’s name is Americore.

There are now allegations that the “investment” was a scam right from the start.

Profiting from Joe

James Biden has no experience running health care facilities, yet he was the man who was brought in to help build a hospital operator build up their health care organization.

Joe Biden had made health care a major priority during his stint as VP, and he had even launched a cancer initiative toward the latter days of the administration, and it would appear that James Biden wanted to use that to capitalize on an opportunity with Americore.

In his pitch to become the consultant for the company, James Biden cited the cancer initiative as well as outlining different deals he could make to help drive profits.

In one email to the CEO of the company, James Biden wrote, “This would be a perfect platform to expose my Brothers team to [your] protocol.

“Could provide a great opportunity for some real exposure.”

This was only one of several emails where James openly stated he would use his brother or his brothers connections to help, even to the point of offering to get more exposure if Joe were to run for office again.

To fund the expansion of Americore, James Biden proposed overseas investors, specifically investors from the Middle East.

The money never came in, and eventually led to the collapse of Americore, wreaking havoc at Americore’s Kentucky hospital, including one patient dying from substandard care.

As the government dug deeper into the scheme, it found kickbacks and all other forms of illegal activity that took place leading to the downfall of Americore.

Additionally, this was the company that issued “loans” to James Biden, where James forwarded money to Joe Biden.

James Biden has maintained that these were consulting fees, but he did agree to pay Americore back $350,000 of the funds he received.

Oversight Chair James Comer (R-KY) and Judiciary Chair Jim Jordan (R-OH) recently requested the testimony of Michael Lewitt, a hedge fund manager that James Biden had worked with to raise the $30 million in funding needed for the project.

Lewitt responded, “I will of course tell them everything I know. I’m surprised it took them so long to contact me.”

Since the media has all but ignored the testimony of Tony Bobulinski, where he fingered Joe Biden as “the big guy” as well as stating that Joe Biden was involved in Hunter’s business activities, it will be interesting to see how they react to Levitt’s testimony if he in any way implicates Joe Biden.