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More Biden scandal:
SEC files lawsuit over business deal involving president’s brother
The complaint was filed last week in the Southern District of Florida against Third Friday Management and a James Biden associate, Michael Lewitt.
More Biden scandal: SEC files lawsuit over business deal involving president’s brother
The complaint was filed last week in the Southern District of Florida against Third Friday Management and a James Biden associate, Michael Lewitt.
justthenews.com
The Securities and Exchange Commission (SEC) filed a lawsuit against a company and a business deal that directly involves President Joe Biden's brother, James Biden.
The complaint was filed last week in the Southern District of Florida against Third Friday Management and a James Biden associate, Michael Lewitt.
The Commission alleges the company and Lewitt participated in “fraudulent conduct and gross breaches of fiduciary duty” to their clients, investors and the fund.
They said Lewitt failed to inform investors that he had taken $30 million from the fund and put it in companies that invest in distressed healthcare companies that later went bankrupt.
The Securities and Exchange Commission (SEC) filed a lawsuit against a company and a business deal that directly involves President Joe Biden's brother, James Biden.
The complaint was filed last week in the Southern District of Florida against Third Friday Management and a James Biden associate, Michael Lewitt.
The Commission alleges the company and Lewitt participated in “fraudulent conduct and gross breaches of fiduciary duty” to their clients, investors and the fund.
They said Lewitt failed to inform investors that he had taken $30 million from the fund and put it in companies that invest in distressed healthcare companies that later went bankrupt.
“Lewitt, with sole authority of the Fund, also misappropriated at least $4.7 million of investor funds for his personal use, including over $900,000 to pay a personal IRS tax lien,” the Commission stated, according to The Hill.
One of the companies he invested in has a separate lawsuit against Lewitt, James Biden and others.
That lawsuit alleges that Lewitt and James committed fraudulent acts against the hospital corporation, Diverse Medical Management.
Commentary:
The "Powers That Be" have now concluded the Bidens are no longer useful and may in fact be a liability.
Will we soon be hearing how Joe`s brothers are wonderful and dear to him...
Flash! Due to Hamas attacks on Israelis this news story will disappear shortly.
Meanwhile is Jim Biden`s Keewaydin island mansion another Lolita hideaway?
Fact Check: Donald Trump Says Joe Biden's Brother 'Made Money in Iraq'
President Donald Trump said to Joe Biden during Thursday's presidential debate, "Your brother made money in Iraq, millions of dollars."
www.breitbart.com
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Crony capitalism & Joe Bidenâs brother
James Biden isn’t a big name in the business of residential housing development, so what exactly qualifies him to work at a construction company and share in the winnings of a $1.5 billion project …
nypost.com
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Exclusive tour of Biden family’s Keewaydin Island retreat
Poised high on stilts, Jim and Sara Biden's rustic Keewaydin Island vacation home seems to hover over the mangrove forest like an osprey.
archive.naplesnews.com
