Sarah Bedford is a political and investigative reporter for the Washington Examiner. She is also a Tony Blankley fellow at the Steamboat Institute. Previously, she was a White House reporter for CNN. She was a Robert Novak journalism fellow at the Fund for American Studies and is a graduate of the National Journalism Center fellowship program.
A bank record revealing James Biden’s direct payment to his brother, President Joe Biden, has renewed scrutiny of the controversial business deal from which the money originated.
James Biden sent the $200,000 payment to his brother the same day in March 2018 that he received $200,000 from Americore, a rural hospital operating company. That company later went bankrupt and sued James Biden over wire transfers it had sent him in 2018, claiming he misled the company into paying him $600,000 he had listed as loans.
Two other healthcare companies sued James Biden and other individuals associated with Americore over what they saw as alleged fraud. Burisma would send Hunter Biden’s payments to a company controlled by Hunter Biden’s friend, who then passed the money along to Hunter Biden as a loan. That arrangement continued until one of Hunter Biden’s then-business partners, Eric Schwerin, became aware of the situation and put an end to it.
“The money that he earned from Hudson West III, he tried to say that that was a loan. Same thing we have all going along back to Burisma — I'm loaning from my own capital in the company — even though he didn't put any capital in the Hudson West III. It was zero,” Ziegler said. “So he was trying to say that it was a loan.
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