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Biden brother accused of using political clout to win high-dollar loan from bankrupt healthcare provider

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Biden brother accused of using political clout to win high-dollar loan from bankrupt healthcare provider

Hunter Biden isn't the only Biden family member accused of profiting off his political connections.

James Biden, the younger brother of former Vice President Joe Biden, is embroiled in a big-money loan scandal involving Americore Health, a healthcare provider focused on the acquisition and management of rural hospitals. Americore filed for bankruptcy, allegedly in part because of unfulfilled promises and broken business deals brokered by James Biden.

Former Americore executive Tom Pritchard said Biden promised a large investment from Middle Eastern backers touting his brother’s political status. But as the deals faltered and Americore employees and vendors failed to receive payment for their services, Biden quietly backed away from the now-public controversy.

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from Hunter Biden isn't the only Biden family member accused of profiting off his political connections.

James Biden, the younger brother of former Vice President Joe Biden, is embroiled in a big-money loan scandal involving Americore Health, a healthcare provider focused on the acquisition and management of rural hospitals. Americore filed for bankruptcy, allegedly in part because of unfulfilled promises and broken business deals brokered by James Biden.

Former Americore executive Tom Pritchard said Biden promised a large investment from Middle Eastern backers touting his brother’s political status. But as the deals faltered and Americore employees and vendors failed to receive payment for their services, Biden quietly backed away from the now-public controversy.

More
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