FBI raids company tied to Joe Biden brother

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James Biden, the younger brother of former Vice President Joe Biden, was not directly listed by the FBI in its investigation but has been listed as a “principal” of Americore Holdings. Both White and James Biden were included in a separate lawsuit in which the two were accused of fraud by Tennessee businessman Michael Frey.

In that lawsuit, James Biden was accused of using Joe Biden's influence to attract international clients and drive up the value of a merger between two rural hospitals. Michael Lewitt, a hedge fund manager who had been working with James Biden, was accused of using the Biden name to downplay potential legal ramifications for the merger.

“Jim [Biden] told me: Don’t worry every time someone threatens to sue you. You’re with us now. Nobody is gonna touch you,” the lawsuit said. “It was Frey’s understanding that Lewitt was implying that DMM [Diverse Medical Management] was 'protected' because of Jim Biden’s connections.”

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