Jim Biden used his brother’s name and White House connections to help a rural health care provider that landed jobs for three Biden family members, insiders revealed.
An email obtained by Politics from an individual close to Americore, a health care company charged with $100 million in Medicare fraud, revealed that Jim used his brother’s influence as vice president to advance the company.
Jim worked as a consultant for Americore in 2017 after his brother served as vice president for eight years.
Former Americore executives also told Politico that Jim also planned for Joe to serve on the board and suggested his brother could promote the company during a future presidential run, the report said.
Sources also said Jim used his relationship with his older brother to make deals and pitches that rewarded the company with money for rehab, cancer treatments and lab tests.
The shocking report is the latest to allege inappropriate behavior from the Biden family. It comes as the president faces an impeachment inquiry over the family’s business dealings.
A Politico investigation found that Jim Biden used President Joe Biden’s name to support Americore. P
In response to the allegations and findings, a spokesperson for the president told Politico that they “cannot participate in this story at this time.”
Politico further reported that Jim offered to secure money from investors in the Middle East to finance Americore’s expansion.
The expected money did not arrive and led to the collapse of the healthcare company, leaving bills unpaid and patients untreated.
At least three of the president’s relatives were employed by Americore, including Jim’s wife Sara and his son Jamie, Politico reported.
Hunter Biden also appeared to have had a meeting CEO of the company and his personal physician, Kevin O’Connor. According to documents reviewed by Politico, the two took part in a meeting with Jim and the hospital’s president.
It is unclear what role the family members played in the business as none of them answered questions on the subject. The White House also did not respond for comment, Politico said.
Jim’s attorney, Paul Fishman, said in a statement that his client “conducted himself ethically and honorably in all his business dealings.” Jim has not been charged with criminal wrongdoing.
Former company executives also told Politico that Jim was making plans for President Biden to receive stock in the company and join its board of directors.
Jim has not been charged with criminal wrongdoing and last year he paid Americore $350,000 back to settle the lawsuit – although his lawyers said he played no role in the company’s demise
In response to the allegations and findings, a spokesperson for the president told Politico that they “cannot participate in this story at this time.”
Americore imploded in 2019 and filed for bankruptcy amid a pile of lawsuits and a federal investigation into fraud allegations. Americore also accused Jim Biden of defaulting on $600,000 in loans.
According to Politico, the investigation did not find that the president was directly involved in the fraud, but “indirectly benefited from his brother’s work at the company.”
The outlet went on to say that on the same day Jim received a $200,000 Ameicore payment, he wrote a check to his brother Joe.
In response, the White House said the check was to pay off a loan, but did not respond when asked whether the president was aware of his brother’s income from the company or the specifics of the said loan payment.
“I was told that Americore would be the savior of rural hospitals,” a former executive told Politico.
“The whole thing was a scam, and it didn’t take long for us to find out.”
Last year, Jim Americore paid back $350,000 to settle the lawsuit – even though his lawyers said he played no role in the company’s demise and that he received the money for consulting work and not for loans, as Americore Trustee Carol Fox claimed as trustee .
According to a source familiar with the interview, Fox determined that James had not provided any services to Americore — and that Americore provided him with a “loan” without documentation in exchange for a promise of Middle Eastern financing that never materialized .
According to Politico, the investigation did not find that the president was directly involved in the fraud, but “indirectly benefited from his brother’s work at the company.”
Hunter Biden also appeared to have met with the company’s CEO and his personal doctor, Kevin O’Connor. According to documents reviewed by Politico, the two took part in a meeting with Jim and the hospital’s president
A patient at one of the company’s hospitals, located in Southern Kentucky, died of cardiac arrest in 2018 after staff and medical supplies were reduced as a result of the alleged scheme, Politico reported.
Employees at that hospital were also found to have lost their health insurance after Americore suddenly stopped paying for the benefit, Politico found.
The Justice Department subsequently found that Ellwood City Hospital in Pennsylvania, led by Americore, had entered into several service agreements and paid kickbacks for “medically unnecessary laboratory tests” the hospital sent out, according to Politico.
Documents also showed that Jim helped the company obtain medical approval for the hospital in Pennsylvania. Email reviewed by Politico also showed Jim fired the medical company’s CFO.
Republicans leading the investigation into the Biden family’s “influence peddling scheme,” which is at the heart of their impeachment inquiry into the president, say this personal audit directly shows that Joe knew about — and was involved in — the actions of his family.