The moneymaking factory of the Biden family based on Joe Biden’s vice presidency during the Obama years is not confined to Joe and Hunter Biden. Joe’s brother James Biden also benefited from it as revealed in new testimony by his former business partner.
The New York Post called it “influence-peddling” in its April 29 story about James Biden, younger brother of Joe Biden, getting $600,000 from his former business partner Michael Lewitt in 2018. They called it “loan money” to invest in Biden’s rural health-care company Americore.
The story reports that James Biden wrote Joe Biden a check of $200,000 at the same time while pitching to Qatar for investing $30 million in his health-care business. What drew attention to the said pitch, as the recently obtained court documents reveal, is James Biden’s introduction in his presentation to Qatari investors in March 2018:
The presentation said Americore was seeking $30 million and described Jim Biden as the “Brother and Campaign Finance Chair of former Vice President Joe Biden.”
The New York Post requested a comment from the White House and James Biden attorney but did not receive a response.
Trending Politics News suggested that these records show a financial interest of the Bidens with Qatar and is likely the reason why Joe Biden, after claiming the presidency in 2021, refused to list Qatar as a state sponsor of terror despite the country’s financial support to Middle Eastern Jihadist groups.
The role of James Biden in moneymaking for the Biden family via political influence also continues to appear in the congressional probe by the Republican-led House. On Monday, Tucker Carlson News on Rumble posted a video of Florida Congressman Byron Donalds presenting records of payments to the Biden family from the Chinese company CEFC China Energy, part of which went from James Biden to Joe Biden in 2017 and marked as “loan repayment.” Donalds reminded that Biden’s own personal accountant has no record of such a loan.
In December 2023, the New York Post reported that a trial attorney in Mississippi – Richard Scruggs – shelled out $100,000 to James Biden’s consulting firm in 1998 as he was seeking to “gin up support for tobacco legislation” that was being considered by the Congress. Joe Biden was a senator back then and Scruggs went on to admit to the Washington Post that he hired James Biden because he was Senator Biden’s brother:
“I probably wouldn’t have hired him if he wasn’t the senator’s brother,” Scruggs told the Washington Post about why he forked over cash to James Biden’s firm.