The House Oversight Committee recently revealed that President Joe Biden’s brother, James Biden, paid the president a $200,000 check in 2018 on the same day he received the same amount from a U.S.-based hospital after promising to secure a Mideast investor, as reported by the New York Post.
“This summer, Joe Biden said: ‘Where’s the money?‘ Well, we found some,” House Oversight Committee Chairman James Comer (R-KY) posted in a video on X, formerly known as Twitter.
Comer said the check was written by James to his brother as a “loan repayment.”
“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,” the Kentucky congressman said.
🚨 BREAKING 🚨
— Oversight Committee (@GOPoversight) October 20, 2023
It appears the Mideast investor was Americore, a failing healthcare company. On March 1, 2018, James received a $600,000 check from the investing company in the form of a “loan.” Bankruptcy records show that of the amount provided to him, James allocated $400,000 to his personal bank account and later gave the remaining $200,000 to his brother, Joe Biden.
Questions have arisen surrounding why a failing healthcare company would just “loan” $600,000 to a member of the Biden family. Bankruptcy records indicate that the reason lies “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,” PJ Media reported.
So, James was given a hefty sum of money to deliver political deals on behalf of Americore but failed to commit. Later, James was tasked with paying back the money to the investing company but never did, further sending Americore into financial instability.
In 2022, James agreed to pay back $350,000 to Americore’s creditors. Joe Biden would end up keeping the $200,000.
🚨🚨Biden Bribery Money Trail🚨🚨
On March 1, 2018, distressed company Americore wires $200,000 to James Biden, because his last name, ‘Biden,’ could ‘open doors’ to Middle East investment.
The same day, Joe Biden received a $200K check from James Biden.
Here’s the evidence ⬇️ pic.twitter.com/JYcZnITdji
— Rep. Marjorie Taylor Greene🇺🇸 (@RepMTG) October 20, 2023
This recent development spells trouble for Biden, who, despite growing evidence, has repeatedly denied being involved in his family’s corrupt business dealings. Despite the president’s blatant corruption, many believe there will be no repercussions against Biden because of today’s weaponized Department of Justice (DOJ).