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House Committee on Oversight and Government Reform Est. 1814 | Chairman @RepJamesComer

Feb 7, 2024, 8 tweets

🚨TRANSCRIPT RELEASE 🚨

Today, we are releasing the transcript of our transcribed interview with Carol Fox, a trustee for Americore’s bankruptcy proceedings.

Americore Holdings, LLC is the financially distressed and failing rural hospital operator that James Biden is alleged to have fraudulently induced to provide loans of over $600,000 that were never repaid—$200,000 of which landed in Joe Biden’s personal bank account.

🧵See the key excerpts 👇

Carol Fox—who was appointed as trustee for Americore’s bankruptcy proceedings—could not determine what James Biden’s role entailed or what services he provided to the company.

Information provided to Fox and her team under subpoena indicated that James Biden represented to Americore “that his last name, ‘Biden,’ could ‘open doors.’”

Though bank records identify two bank transfers from Americore to James Biden as loans and one transfer for consulting and marketing, Fox was unable to find any information corroborating that the transfers were, in fact, made for those reasons.

Fox confirmed that the $200,000 check from James Biden to Joe Biden for a “loan repayment” occurred on the same day that Americore wired James Biden $200,000 for a “loan.”

Fox testified that the money used to give James Biden the loans either came from senior-citizen investors or merchant cash advances.

🚨PRESS RELEASE: Oversight and Judiciary Committees Release Carol Fox Transcript oversight.house.gov/release/oversi…

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