The released transcript of Carol Fox’s closed-door deposition provides further evidence of President Joe Biden’s involvement in a scandal.
It reveals that the president benefited from a $600,000 healthcare deal involving his brother, Jim Biden, and the Americore healthcare company in 2018.
Fox, a trustee for Americore, testified that a $200,000 check made out to Joe Biden was linked to the deal, raising questions about the company’s financial decisions.
Fox sued Jim Biden, alleging that he used his family name to secure investments, leading to detrimental financial impacts and bankruptcy.
Fox claimed in the lawsuit that Jim Biden 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.”
Fox also alleged that Jim Biden assisted in acquiring “an ill-advised bridge loan from a hedge fund that had a deleterious impact on the financial affairs of the debtor and ultimately forced debtors into bankruptcy, as [Jim Biden] never delivered the promised large investment from the Middle East.”
Jim Biden settled the lawsuit last year, denying involvement in the company’s downfall and stating that the payment was for consulting work.
Read Also:
Nikki Haley Admits Why She Feels ‘Stupid’ On Campaign Trail
Hot Mic Slip Exposes MSNBC Host’s True Views On Biden
