The Feds Investigated James Biden's Americore Transactions

As is the rule with the Biden Crime Family -- the feds investigated, then decided not to prosecute.

"No intent!"

South Florida investigators previously probed transactions tied to Jim Biden, the brother of President Joe Biden, as part of a criminal investigation, according to Politico.

The investigators are examining a business deal involving Jim Biden as well as numerous loans issued to Americore -- a failed healthcare company for which Jim Biden used to work as a consultant -- by an investment fund managed by a James Biden associate, according to Politico, which granted its sources anonymity to speak freely about a sensitive subject. A 2022 lawsuit filed in Florida alleges that Michael Lewitt, the money manager running the investment fund that issued the Americore loans, effectively diverted millions of dollars via bogus loans to Americore.

Additionally, George Mesires -- an attorney who has previously worked for Hunter Biden and Jim Biden -- represented the entity lending the money in several of the transactions that are now being examined by federal investigators, according to Politico.

Americore paid James Biden approximately $600,000 in 2018, payments that Jim Biden has described as compensation for work that included arranging the loans, according to Politico. Jim Biden or his wife transferred $200,000 to Joe Biden on the same day in 2018 that Jim Biden received a $200,000 payment from Americore.

Jim Biden is not named as a defendant in the Florida lawsuit, and it is not known if he or his dealings are the direct focus of criminal investigations, according to Politico. The president's brother "is not being investigated by federal law enforcement in Florida or Pennsylvania," Jim Biden's lawyer told Politico via a spokesperson.

Jim Biden, Lewitt and Amer Rustom -- the CEO of a firm called the Platinum Group who purported to have ties to Middle Eastern capital -- worked together to find foreign backers for healthcare ventures including Americore, which was in poor financial condition in the late 2010s, according to Politico. The group especially looked to Qatar as a place where they could find the investment that they were seeking.

The Bidens always go to foreign countries hostile to the US for funding.

posted by Disinformation Expert Ace at 06:48 PM

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