>“IRAN because of you”..DJT was spot on again..
Sleeze RUNS in the Biden Family
https://www.washingtonexaminer.com/news/bidens-brother-frank-dodged-paying-1m-to-daughters-orphaned-in-crash
Biden’s brother Frank dodged paying $1M to daughters orphaned in crash
February 06, 2020 06:13 PM
Frank Biden, the younger brother of presidential candidate Joe Biden, has dodged the family of a Florida man who was killed in a hit-and-run.
Biden, 66, owes the family of Michael Albano more than $1 million for his role in a high-speed collision that killed Albano as he was walking to go pick up his daughter in 1999, according to court records obtained by the Daily Mail.
The younger Biden, who was 43 at the time, was riding in the passenger seat of a high-powered Jaguar he had rented when he told the driver to “punch it” and shifted the car into manual. The driver, 25-year-old Jason Turton, had just met Biden when he was working at Whole Foods.
Turton claimed that Biden was trying to impress him. The two grabbed a few drinks before driving to Turton’s house and picking up three others. The five took off in the Jaguar around 11:15 p.m. with Turton driving even though his blood-alcohol level at the time was 0.18, more than double the legal limit.
The group was driving down the street in excess of 80 mph when they struck and killed Albano as he crossed the street. The speed limit on the road was 35 mph. Witnesses to the crash claimed to hear Biden say “keep driving” after Albano was hit.
Biden remained at the scene with the car, but Turton took off on foot. Turton claimed someone advised him to flee the scene. He was later apprehended and tested when authorities realized he was intoxicated during the incident.
Authorities found that both Turton and Albano, who didn’t use a crosswalk at the time, were partially responsible for the horrific incident. Biden was not included in the criminal portion of the case.
>Sleeze RUNS in the Biden Family
moar sleeze in family
https://thefederalist.com/2020/05/21/lawsuit-documents-allege-james-biden-committed-fraud-racketeering/
Lawsuit Documents Allege James Biden Committed Fraud, Racketeering
MAY 21, 2020
Documents prepared as part of an ongoing lawsuit against Biden and his business partners allege they are in violation of Racketeer Influenced and Corrupt Organizations Act (RICO) and have committed fraud.
In January the FBI raided the offices of Americore Health, a health care company that manages rural hospitals, where James Biden, brother of former vice president candidate and current presidential candidate Joe Biden, was a major investor. Documents prepared as part of an ongoing lawsuit against Biden and his business partners, hedge fund managers Michael Lewitt and Amer Rustom, allege they are in violation of Racketeer Influenced and Corrupt Organizations Act (RICO) and have committed fraud related to their investments in Americore and another company, Diverse Medical Management. The documents, prepared in March, were never submitted to the court and sources now say the lawsuit is headed for a settlement.
n the documents, Grant White, the former CEO of Americore, makes detailed allegations that Biden’s corrupt business practices helped drive his company into bankruptcy. White also alleges that Biden and Lewitt improperly took money meant for company operations and lined their own pockets.He further alleges that Biden failed to make good on promises that his political connections would deliver large investments from the Middle East.
A filing in federal bankruptcy court in February by the federal trustee, Paul A. Randolph, alleges White has “grossly mismanaged” his business; “has not operated the hospitals in a manner that is consistent with public safety”; and “improperly siphoned money from the Debtors for his personal benefit.” The court subsequently removed White as CEO of Americore by the court. In a lengthy missive to legal commentator Jonathan Turley’s blog in March, Michael Lewitt questioned White’s credibility at length.
However, White was prepared to submit a sworn declaration in the ongoing lawsuit against Biden and his business partners backing up his allegations. Further, he turned over a significant number of primary documents undergirding these claims that were reviewed for this article.
“[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,” White says. “He always represented himself as the fundraiser for his brother’s campaigns… he was the guy raising the money and so he knew everybody.”
According to White, James Biden, along with hedge fund managers Michael Lewitt and Amer Rustom, became enamored of Americore’s business model and approached White about investing in the company. They agreed to enter into business together on the promise that Biden and his partners would be able to deliver upwards of $30 million to invest in Americore.
cont
>Lawsuit Documents Allege James Biden Committed Fraud, Racketeering - cont
Questions About a Loan Backed by Biden’s Vacation House
White says the big investment money never materialized. Not only that, as Americore struggled to keep the doors open at rural hospitals it owned, White alleges that Biden – who eventually had business cards declaring him a “principal” at the company – improperly diverted money from loans made to Americore for his own personal use. According to White, 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.
Personal Loans Allegedly Tied Up with Business Loans
At the same time, Americore was experiencing cash flow problems. White had taken out a series of “merchant cash advances” – easy to obtain, high interest business loans – to keep Americore operating. “I needed a short-term bridge [loan] and I didn’t feel like taking another MCA because they were burning a hole in my pocket,” White says. “So [Biden] made some phone calls and he basically agreed to get $2 million – but of that, a significant portion went to him.”
In his never-submitted legal declaration, White recounts the following:
In January of 2018 Lewitt arranged for his hedge fund to loan Americore $2 million as a bridge loan while we awaited the larger investment. Jim Biden directed me to loan him approximately $400,000 of this money for him to use to repay a past-due personal loan secured by his house in Florida. Subsequently, in additional bridge loans from Lewitt’s hedge fund, Biden took additional amounts totaling approximately $250,000. The approximately $650,000 was originally intended to be used for Americore working capital. Jim Biden promised that the approximately $650,000 would be paid back out of the multi-million investment coming from overseas that was imminent and certain. Jim Biden, however, has never repaid the approximately $650,000 to Americore, instead only paying back approximately $25,000. Americore has been charged forbearance fees and interest on this despite the fact that Biden took that money.
……continure at link
https://thefederalist.com/2020/05/21/lawsuit-documents-allege-james-biden-committed-fraud-racketeering/
>“[James 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,” White says. “He always represented himself as the fundraiser for his brother’s campaigns… he was the guy raising the money and so he knew everybody.”