Another one of those Biden situations which started as bribery and turned into fraud. This time they stole money from rural hospitals.
As the Bidens struggled to find money to pay contractors for hurricane-related repairs on their beach home, and find a buyer for it, they went back to Joe’s old cronies from Mississippi. One of them, Mississippi lawyer Joey Langston, who had been sentenced to three years in federal prison for improperly trying to influence a judge, introduced them to the founder of Americore Health, who needed money to aggressively expand his chain of rural hospitals. Jim invoked his brother’s influence and said they had the political clout to drum up investment money, according to court documents and published reports. Impressed, Americore not only hired Lion Hall Group but loaned Jim and Sara Biden $650,000 for their personal use, even as the company hemorrhaged cash. The funds could have been used to help the company’s failing hospitals, which had to lay off hundreds of employees after Americore failed.
As soon as the couple received their loan payment, however, they stepped back from the venture and the promised investments never materialized, according to a lawsuit filed against Jim Biden and Lion Hall Group by Americore’s medical partners after it went bankrupt in 2019.
In a declaration, one plaintiff described Jim Biden as a con man who repeatedly made false promises “on the Biden’s [sic] family name.” According to a recent court filing, Diverse Medical Management and Azzam Medical Services, which hoped to manage Americore hospitals, claimed “Biden and his wife, Sara Biden” made false assurances during a dinner they held at their home near Philadelphia that funding for the venture was forthcoming.
Meanwhile, Americore trustees have tried to claw back the $650,000 from the Bidens in bankruptcy court. Tom |