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Federal investigators probing Hunter Biden’s taxes have also been asking questions about Joe Biden’s brother and his involvement in a bankrupt hospital business, amid calls that a special counsel be named to probe both, according to a new report.
On Wednesday, Hunter Biden confirmed that he is under federal investigation for possible tax fraud, with reports suggesting the Justice Department is also examining his overseas business dealings.
But that probe, which was first opened in 2018, also reportedly covers another member of the Biden family: James Biden, the younger brother of the president-elect.
According to a Politico report published Thursday, federal authorities in the Western District of Pennsylvania are conducting a criminal investigation into hospital business Americore Health and have been asking questions about James Biden’s role in the company, two sources familiar with the investigation said.
Two hospitals operated by Americore were raided by FBI agents earlier this year over allegations of gross financial mismanagement and complaints that it was not running hospitals “in a manner that is consistent with public safety and welfare,” one suit read.
Biden has been described as a partner or “principal” in the organization but has disputed that account in litigation.
In a Politico report from September, several sources claimed that Joe Biden’s younger brother transferred money from Americore to himself in the form of personal loans.
The company filed for bankruptcy in Dec. 2019 as prosecutors said CEO Grant White “improperly siphoned money from the debtors for his personal benefit.”
James Biden is now the second member of the political family to come under scrutiny from federal investigators.
GOP Sen. Tom Cotton on Thursday called for a special counsel to be appointed to look into the Bidens’ business dealings.
“The Biden campaign released details of a tax fraud investigation in Wilmington. I think that was just to show maybe the least damaging part of the investigation,” Cotton said Thursday on Fox News.
“There are allegations of securities fraud, money laundering related to Hunter Biden’s Chinese businesses, a crooked hospital deal with Jim Biden, Joe Biden’s brother out in western Pennsylvania. These investigations span multiple jurisdictions.”
According to a CNN report, investigators in the US Attorney’s Office in Delaware are also probing a laptop which reportedly belonged to Biden’s scandal-scarred son, which was first reported by The Post.
A 2.8-carat, $80,000 diamond given to Hunter Biden by a since-vanished Chinese energy tycoon is also said to be part of the ongoing tax fraud probe, another report on Thursday said.
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