House Oversight Chair Comer Reveals MASSIVE Payment To Joe Biden

House Oversight Chair James Comer says his Committee has uncovered a $200,000 direct payment to Joe Biden relating to business dealings with his family.

Comer Releases Evidence of Direct Payment to Joe Biden – United States House Committee on Oversight and Accountability

WASHINGTON—House Committee on Oversight and Accountability Chairman James Comer (R-Ky.) today announced the committee obtained bank records revealing a $200,000 direct payment from James and Sara Biden to Joe Biden in the form of a personal check. In September, Chairman Comer issued three subpoenas for Hunter and James Biden’s personal and business bank records.

Perhaps Biden is funding all this war to avoid coverage of his keep his astonishing criminal acts.

BREAKING: House Oversight Chair James Comer says his Committee has uncovered a $200,000 direct payment to Joe Biden relating to business dealings with his family.

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— Benny Johnson (@bennyjohnson) October 20, 2023

James Comer announced:

I am announcing that I have obtained bank records revealing a $200,000 direct payment from James and Sara Biden to Joe Biden.   I will detail next steps soon & continue to follow the money.   The bank records don’t end here.

Joe Biden Paid $200K Out Of Loan From Brother’s Company Accused Of Fraud

By: Mark Hemingway, The Federalist, October 23, 2023:

New bank records show the president received money from his brother the same day he received a large personal loan from his struggling health care company.

According to bank records obtained by the House Committee on Oversight and Accountability, President Joe Biden received a check for $200,000 from his brother James Biden on March 1, 2018 — the same day James Biden’s health care company, Americore, wired a loan of the same amount into the personal bank account of James and his wife Sara.

In January 2020, the FBI raided the home of Americore’s CEO Grant White and a rural hospital in Pennsylvania that the company was operating. After the company declared bankruptcy, a filing from a federal trustee accused White of “improperly siphon[ing] money from the Debtors for his personal benefit.” James Biden, who had business cards listing him as a “principal” at Americore, and two business partners promised to deliver as much as $30 million in investment money to the company that never materialized, according to White.

Further, a lawsuit alleging fraud against James Biden and his business partners, notes that James Biden heavily touted his brother’s political connections as a reason he could obtain money from foreign investors. According to the lawsuit from Tennessee businessman Michael Frey and his partner Dr. Mohannad Azzam, they took out loans to invest in Americore with the assurance that they would be paid back when Biden helped secure investments from Dogan Holding — one of Turkey’s largest conglomerates.

White also affirms that James Biden was trading on his brother’s political connections. “[Biden told me] there’s not a single door in the country that we can’t open. So if I wanted to meet, you know, the head of Google, it’s a phone call,” he told The Federalist in 2020. “He always represented himself as the fundraiser for his brother’s campaigns… he was the guy raising the money and so he knew everybody.”

Despite the fact that Americore was having cash flow issues, White told The Federalist Biden pushed the company to improperly divert $650,000 from the company to him in the form of personal loans:

Biden approached him in January of 2018 and told him his Florida vacation home had been damaged in Hurricane Irma a few months prior, and his insurance would not cover the repairs.

Biden owns a six-bedroom vacation home on Keewaydin Island near Naples, Florida. His brother vacationed there when he was vice president. Biden spent $2.5 million purchasing the house in 2013, a questionable expense considering he would later be slapped with a lien by the IRS for failing to pay $589,000 in 2013 federal taxes. (In 2016, Biden tried sell the house for $5.9 million – it eventually sold in 2018, after sustaining hurricane damage, for $1.35 million.)

In addition to the damage sustained by the vacation home, White says Biden was deeply concerned about paying back a personal loan that was due, which was secured by the vacation house. He was worried about losing his vacation home, so he approached White. “There were financial challenges there and I’m an investment banker, so I was trying to help him figure out how to solve his problems … I’m a problem solver and I considered him a friend,” White says.

Go, read the whole thing….