The House Oversight committee just uncovered a $200,000 money trail from a rural hospital operator hoping to get access to “a large investment from the Middle East based on his political connections”.
The money came from Americore Health LLC, a company described by the committee as a financially distressed and failing rural hospital operator.
It went to James Biden first and then was sent via personal check to Joe Biden:
— Oversight Committee (@GOPoversight) October 20, 2023
James Comer explains it all below:
🚨 BREAKING 🚨
We have found a $200,000 DIRECT payment to Joe Biden.
@RepJamesComer lays out the money trail. 👇 pic.twitter.com/0vq3lqhRHz— Oversight Committee (@GOPoversight) October 20, 2023
Here’s more on their findings:
House Committee on Oversight and Accountability Chairman James Comer (R-Ky.) today announced the committee obtained bank records revealing a $200,000 direct payment from James and Sara Biden to Joe Biden in the form of a personal check. In September, Chairman Comer issued three subpoenas for Hunter and James Biden’s personal and business bank records.
In 2018, James Biden received $600,000 in loans from, Americore—a financially distressed and failing rural hospital operator. According to bankruptcy court documents, James Biden received these 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 wired a $200,000 loan into James and Sara Biden’s personal bank account – not their business bank account. On the same day, James Biden wrote a $200,000 check from this same personal bank account to Joe Biden.