Overview
- Federal investigators in Florida are probing transactions linked to James Biden, brother of President Joe Biden, in connection with a criminal investigation involving a now-bankrupt rural hospital chain, Americore.
- James Biden allegedly helped secure a $200,000 payment to Joe Biden as part of his efforts with Americore, a detail now part of a House impeachment inquiry into the president.
- Investigations into James Biden's activities also extend to a Medicare fraud case in Pennsylvania, where an Americore hospital is accused of netting unlawful Medicare repayments.
- Investors have filed a lawsuit alleging sham loans to Americore, with accusations of funds being diverted to benefit James Biden, leading to SEC civil charges against involved parties.
- The House Oversight Committee continues to investigate the Biden family's business dealings, with James Biden denying any wrongdoing and stating his efforts were aimed at securing foreign investment for Americore.