Federal agents in South Florida are reportedly investigating dealings associated with James Biden, brother of President Biden, linked to a broader criminal probe of the bankrupt rural hospital network, Americore Health. According to reports, subpoenas have been issued requiring information about James Biden’s potential involvement with Americore Health.
This investigation forms a broader probe into business operations concerning the rural hospital network. Americore Health declared bankruptcy in early 2020, unveiling significant operational and financial troubles. The potential association of the president’s brother adds a new dimension to the ongoing examination.
The investigation focuses heavily on James Biden’s alleged attempts to secure investors for Americore and related business positions. There’s an ongoing, different legal procedure in Pennsylvania too, centered primarily on a hospital linked with Americore, known to have received questionable amounts in Medicare reimbursements.
Accusations are currently surfacing regarding the validity of James Biden’s investment sourcing for Americore. The legalities surrounding the Medicare reimbursements and possible misuse of personal influence spark concerns about the management of the Americore health system.
Pennsylvania’s case, linked with James Biden’s alleged actions, emphasizes the multiple complexities that can arise during such probes. It highlights the necessity for thorough and impartial inquiry into all aspects of healthcare system management and public fund allocation.
Amid the ongoing investigation, James Biden’s attorney maintains that his client isn’t the subject of any federal probes in Florida or Pennsylvania.
Florida federal probe into James Biden’s dealings
Yet, public opinion remains divided due to lack of any clear information from the legal authorities.
Previously, James Biden admitted before Congress about promoting Qatari investments in Americore. He further secured $20 million from Michael Lewitt, the head of a Florida-based investment consultancy, Third Friday. However, accusations allege that investors were not properly informed about loans issued to Americore.
The Securities and Exchange Commission began legal actions against Lewitt in September 2023 for his involvement with multiple loan disbursements made to Americore. The allegations call out instances of fraud and malpractice, with Lewitt knowingly approving high-risk loans, jeopardizing Americore’s financial stability.
Further investigation disclosed that President Joe Biden received $200,000 from his brother, James Biden, in March 2018, the same day James Biden received an equal amount from Americore. Amid these allegations, President Joe Biden has not publicly addressed these issues.
The money transfers form part of a broader House impeachment inquiry into President Biden, particularly regarding potential instances of influence buying and international business affairs possibly involving James and Hunter Biden. As investigations continue to unravel these intricate dealings, the public must remain vigilant. The potential outcomes could range from complete dismissal to political repercussions leading to a constitutional crisis.
