February 8, 2024

Trustee Testified James Biden Had No Role in Company That Wired Him $600K

Part of the money funnel that ended up seeing funds sent to Joe Biden involved $600,000 in loans that were issued to James Biden via a healthcare company that was on the ropes.

Exactly what James Biden did for that company, however, seems to be a mystery.

In fact, a trustee recently told the House Oversight Committee that she had no idea what James Biden did to deserve that kind of money.

We Don’t Know

U.S. Trustee Carol Fox was in the hot seat before the House Oversight Committee recently to try to explain these loans.

Fox is a trustee for Americore Holdings, the healthcare company that penned six figures in loans to James Biden.

Fox testified, “Well, we have what his business card says he does, but in as far as what he actually did while he was in the company, that preceded my involvement with the company. And so I think we have a business card that says what his perceived — what his stated role was, but what he actually did, I don’t know.”

She added, “So I do know that, through Mr. Biden’s consulting company, Lion Hall, he purportedly provided consulting services to the debtor, or to the debtors. But what those services were, yeah, I don’t — I don’t — I can’t say specifically.”

Since Biden had no medical knowledge, the only services he could have possibly provided were business services, but Fox says there is no record of that either, stating, “I did not think that he provided services to the debtors, no.”

Americore sent James Biden a $400,000 loan in January 2018 and another $200,000 loan in March 2018, with Fox later filing a suit against James Biden to recover the funds.

Here is where it ties into Joe Biden…

On the same day that James Biden received the $200,000 payment, James sent a $200,000 payment to Joe Biden.

I would expect this issue to be front and center when James Biden testifies before the committee on February 21, followed by Hunter testifying on February 28.

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