“The House Oversight Committee on Friday revealed a direct payment to President Joe Biden which appears to have been laundered through his brother James…
‘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.'”
Analyst Comment: The problem for House investigators is this happened when Biden was out of office. Unless they can somehow tie this to actions he took while VP, it probably isn’t going to get very far. Biden’s actions with Burisma, while he was VP, are far better evidence of his corruption.