James Biden to Face House Impeachment Inquiry Over Americore Deal
Allegations of misuse of political connections and potential involvement of President Joe Biden in the scandal come to light.
- James Biden, President Joe Biden's brother, is set to be deposed before the House impeachment inquiry, focusing on his and potentially Joe Biden's involvement in the now-bankrupt Americore Health Enterprises.
- James Biden allegedly received $600,000 from Americore in exchange for using his political connections, with payments linked to Joe Biden's bank account.
- Americore aimed to support rural hospitals but went bankrupt, leading to investigations into fraudulent schemes and misuse of funds.
- The Securities and Exchange Commission and the Justice Department are investigating Americore and its associates for fraudulent activities, including a scheme to defraud Medicare of $100 million.
- Politico's reporting reveals deeper involvement of Joe Biden and his inner circle with Americore than previously understood, contradicting earlier claims of no wrongdoing.