Federal lawsuit: Biden’s brother accused of defrauding rural healthcare company


Former Vice President Joe Biden’s younger brother, James, is being accused of defrauding a Tennessee rural healthcare company.

A lawsuit filed in federal court late last month alleges James Biden, who has a history of murky financial dealings, and his associates deceived and defrauded two Tennessee businessmen.

Michael Frey and his business partner, Dr. Mohannad Azzam, brought the suit claiming James Biden and his associates promised and failed to line up investors for their rural healthcare enterprise. Instead, the suit alleges, James Biden urged the two men to borrow $10 million from a hedge fund manager involved in the deal and then proceeded to pass their idea off as his own to a conglomerate of Turkish investors.

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