FBI agents last month raided the home of the CEO of a bankrupt hospital chain and one of its hospitals in Pennsylvania that Joe Biden’s brother James was deeply involved with. This will cause more problems not only for James Biden but by Joe Biden also. This is especially true since emails have popped up where the company assured it’s employees and investors that they don’t have to worry because of their ties to Joe Biden.
Lewitt is alleged to have alluded to the Vice President’s clout in a text message to Frey to calm the latter’s worry about legal liability to his firm over an acquisition: “Jim [Biden] told me. Don’t worry every time someone threatens to sue you you’re with us now nobody is gonna touch you.” According to the lawsuit, “It was Frey’s understanding that Lewitt was implying that DMM [Diverse Medical Management] was ‘protected’ because of Jim Biden’s connections.”
Diverse Medical Management was told to buy up some failing hospitals in the area and not to worry about using their own money because Americore would reimburse them. hen James Biden sent out a text and mistakenly sent it to Diverse Medical Management. The email outlined Biden’s plan to take over Diverse Medical Management and cut the owners out altogether
He wrote:
“We can wrap [Americore] into Frey’s entity further diluting them both in the process? After we take control of both. Just a thought. We must have complete control, too many moving pieces. Jim.”
Throughout these dealings, Biden and the other defendants in the lawsuit are said to have pushed Frey and Azzam to take out loans and buy up failing rural hospitals that they hoped to turn around. They made these investments with their own money, on the assurance that they would be paid back when Biden helped secure investments from Dogan Holding—one of Turkey’s largest conglomerates.
According to the lawsuit, Biden inadvertently texted Frey supposedly revealing his plans to take over Diverse Medical Management and cut out Frey and Azzam in the process: “We can wrap [Americore] into Frey’s entity further diluting them both in the process? After we take control of both. Just a thought. We must have complete control, too many moving pieces. Jim.”
Diverse Medical Management found itself financially overextended and unable to make payroll before filing the lawsuit.
Last August, a spokesman for Biden disputed the claims in the lawsuit, saying, “It is nothing more than a cynical attempt to manipulate the press by taking advantage of Jim Biden’s public profile as the brother of a presidential candidate.”