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Tags: americore | james | joe | biden | influence peddling

Rep. Comer to Newsmax: $200K Check Proves Influence-Peddling

By    |   Wednesday, 07 February 2024 09:08 PM EST

The chair of the House Oversight Committee, James Comer, R-Ky., told Newsmax Wednesday that the $200,000 check James Biden wrote to his brother Joe Biden on March 1, 2018, proves the president was involved in an influence-peddling scheme.

Comer's statement on "Rob Schmitt Tonight" followed Carol Fox's testimony to a joint House Oversight and Judiciary Committee. Fox, a trustee for Americore's bankruptcy proceeding, filed a lawsuit against James Biden, alleging he made "representations that his last name, 'Biden,' could 'open doors' and that he could obtain a large investment from the Middle East based on his political connections."

Per the lawsuit and supported by bank records, Americore transferred $600,000 to the personal bank accounts of James Biden and Sara Biden. On March 1, 2018, Americore provided a $200,000 loan to James and Sara Biden's personal bank account. On the same day, James Biden issued a check of $200,000 from his personal bank account to Joe Biden.

Commenting on the revelation, Comer says, "It was more than likely securities fraud." James Biden approached the company and said he could help them access capital — because at the time that he found out about him, they were in financial distress."

"So his pitch to Americore ... was Hire me, and I can use my brother's contacts in the Middle East to help you get all the money you need to get back on your feet.

"And he said ... he apparently wanted the money in the form of a loan. And that was, of course, to deceive the IRS; that's another way the Bidens were laundering money."

"But Americore," Comer continued, "didn't have any loan documentation. And again, they couldn't find one single thing that Jim Biden did for Americore other than the fact that they sent him $600,000. And then she admitted that the last $200,000 was then turned around and sent to Joe Biden. And that's important in our investigation because that's proof that Joe Biden profited from his family's shady influence-peddling."

Fox's lawsuit demanded that James Biden repay Americore the $600,000.

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Nick Koutsobinas

Nick Koutsobinas, a Newsmax writer, has years of news reporting experience. A graduate from Missouri State University’s philosophy program, he focuses on exposing corruption and censorship.

© 2024 Newsmax. All rights reserved.


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House Oversight Committee Chair James Comer, R-Ky., told Newsmax that the $200,000 check James Biden wrote to his brother Joe Biden on March 1, 2018, proves the president was involved in an influence-peddling scheme.
americore, james, joe, biden, influence peddling
393
2024-08-07
Wednesday, 07 February 2024 09:08 PM
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