Jim Biden's business deals linked to TWO criminal investigations: President's brother's work with collapsed hospital chain under the microscope as first family's finances face more scrutiny

Federal investigators are examining financial transactions made by President Joe Biden's brother Jim Biden as part of an ongoing criminal investigation, according to a new report. 

Federal investigators in South Florida and Justice Department officials investigating Medicare fraud in Pennsylvania recently probed transactions linked to Jim Biden, according to a Politico report published Tuesday, citing three sources familiar with the ongoing investigations.

The investigations involve Americore, a hospital chain that paid Jim Biden to help obtain foreign investments for the troubled company before it collapsed. 

A lawsuit filed in 2022 alleges that Jim Biden received improper payments from investors of the Third Friday Total Return Fund, which allegedly diverted $600,000 of embezzled funds to pay Jim Biden.

James Biden, the brother of President Joe Biden, steps out of a private interview with House Republicans

U.S. President Joe Biden claims he never spoke about business dealings with his family

Jim Biden sent $200,000 of the money to his brother Joe Biden, which he said was part of a private loan repayment.

The questionable loans also contain a link to Biden's son Hunter Biden, as a lawyer who worked for Hunter represented the lender for some of the questionable transactions.

In Pennsylvania, prosecutors are accusing Americore of fraud after receiving tens of millions of dollars in allegedly improper Medicare reimbursements. 

Federal investigators declined to comment on the ongoing investigation and Biden's lawyer Paul Fishman asserted that, 'Jim Biden is not being investigated by federal law enforcement in Florida or Pennsylvania.'

James Biden, the brother of U.S. President Joe Biden appeared for a deposition at the House Oversight Committee

Jim Biden's role with Americore and the financial payments to the Biden family have been the subject of ongoing congressional investigations, as the president's brother was summoned to Capitol Hill to testify in February.

In February, Jim Biden testified he believed that his former business partner Michael Lewitt forgave $225,000 in loans to his firm.

But Lewitt told Politico he did not forgive the loans, but were assumed by an anonymous third party in early 2020.

The ongoing investigations into financial transactions linked to Jim Biden raise questions about who was funding the Biden family when he was running for president.