Republicans have uncovered one of the most DAMMING pieces of evidence confirming that Joe Biden profited off of his family’s shady foreign businesses – and the Democrat is going to have a tough time getting out of this one!
The House Oversight Committee has been sifting through Joe Biden’s intentionally confusing financial records, riddled with payments from foreign nations rinsed through shell companies before being disbursed to Biden family members and ultimately landing in the “Big Guy’s” pocket.
This complex structure has made it difficult for Republicans to find concrete evidence of payments made directly to Joe Biden – until now!
In 2018, Joe Biden received a payment of $200,000 from his brother, James Biden which seems to have been part of a deal the Biden’s made to – once again – leverage the family name and the power of the US government to help out a business that was looking to cheat the system.
According to the House Oversight Committee, James Biden received $600,000 in “loans” from Americore Health—a financially distressed and failing rural hospital operator.
Documents related to the company’s eventual bankruptcy filing showed that James was given these so-called loans “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.”
On March 1, 2018, Americore Health wired a $200,000 loan into James Biden’s personal bank account. Later that SAME DAY, James wrote a $200,000 from that account to Joe Biden – not suspicious at all!
James claimed that the check was cut to his brother as a “loan repayment” but investigators have NOT been able to find any loan documents to support this claim.
To put this in perspective, James Biden sold his family’s influence to a failing American company, promising to use his family’s foreign connections to bail them out and Joe Biden – the man with the influence – scored a hefty payday.
The issue is much deeper than it seems on its surface, and investigators now believe that Joe may have used this “loan” excuse as a cover for a large portion of his kickbacks from the family’s fraudulent business dealings.
“Now, they’re playing the loan card a lot. Remember the $250,000 wire that we identified three weeks ago that that came from China to Hunter Biden that was addressed to Joe Biden’s house? The White House said that was a loan, too,” Comer added.
Comer, who said that the Committee found “ a lot of suspicious checks” written to Joe Biden like this, warned that as they continue to expose this Biden family money laundering tactic, the White House is going to try to gaslight the public into believing it’s no big deal.
“What you’re going to be hearing out of the White House over the next few weeks is loan, loan, loan.”
Even if, by some MIRACLE it turns out that Joe Biden did legitimately loan his family members the funds for things like this, there’s still the obvious issue that the Bidens used this money to defraud companies like Americore Health and their investors to achieve the ultimate goal of making the family more money through the shadiest means possible.