Pressure on Hamas? The Biden family cooperates with his financier report

Jim Biden , the brother of President Joe Biden , cooperated with Qatari government officials in his journey to collect donations and funds for health projects in the US, according to testimony provided by the bankruptcy court in Kentucky and a report that appeared in the "Politico" media organization.

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The testimony of the director of the Third Friday Fund and former business partner of Jim Biden, Michael Levitt , indicates that two companies that led the fundraising efforts, "Platinum Group" and "Overmeyer Engineering Consulting", were partially owned by members of the Qatari government. One of the companies has partnered directly with Jim Biden in his multi-year fundraising efforts.

The second company provided financial backing for a series of loans that the hospital chain "Americor" paid to Jim Biden, according to documents and testimony submitted by Levitt during the federal bankruptcy proceedings. If proven true, the evidence would be some of the closest known financial ties between a relative of President Joe Biden and a foreign government.

Jim Biden's fundraisers began with the departure of his brother Takfido as vice president. According to discovered records and emails, it appears that Jim asked his brother the president for assistance in circumventing restrictions on international money movements. First, in June 2017, he worked with the "Americor" hospital chain and in order to raise money for it a friend of the CEO of the "Platinum Group" group the American, Amar Rustom , and Michael Levitt, who embarked on a career in finance and investments, and was, as mentioned, the owner of the Third Friday hedge fund and the author of a popular financial newsletter in the USA.

The three of them together sought investment financing from sources in the Middle East for "Americor" and other ventures, and finally received assistance from Qatari officials who showed interest in investing. In one of the company's presentations that were revealed, it was stated that "Americor" is looking for financing of 30 million dollars for the purchase of hospitals. Jim was described there as "former Vice President Joe Biden's brother and campaign finance chairman."

During May 2018, fundraising stopped due to the month of Ramadan, the movement of funds began to slow down and tensions between the parties involved rose. At the same time, Levitt emailed Jim that he had encountered a block while trying to transfer funds. Jim later claimed that fundraising had stalled due to a "lack of viable projects to back it up".

Levitt, Jim and the Qatari Minister of Finance at the time Ali Sharif Al-Emadi were going to hold a meeting and discuss the matter, but after Al-Emadi left his position in 2021 due to his arrest on suspicion of corruption, in the end he was convicted of laundering more than five billion dollars and sentenced to 20 years Imprisonment, doubt whether the meeting took place.

After Levitt and Jim parted ways in July of that year, the two returned shortly after to work together and deepened their financial ties. The rift started again in 2022, when Levitt was sued for embezzling funds from the fund he managed. Around the same time, Rustum claimed that Levitt forged his signature on various loan documents, and was finally accused by the court of giving false testimony. Jim Biden was not designated as a defendant in the case.

On behalf of Jim Biden's representative, the Qatar Embassy or the White House, there has not yet been a response.


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