WASHINGTON, D.C. -- The son and brother of Democratic Vice-Presidential Candidate Sen. Joe Biden are named in a fraud lawsuit that claims the two defrauded millions of dollars from a former business partner and an investor, according to the Washington Post.
The Post reports that Joe Biden's son Hunter, 38, and brother James, 59, allegedly schemed to get Hunter Biden out of the lobbying business since his father was running for the Democratic Presidential nomination at the time.
According to the paper, the lawsuit claims Hunter Biden was named president of Paradigm Companies LLC, a hedge fund group. Biden was given the position even though he didn't have much experience in the hedge fund industry, according to the Post citing court documents.
The Post reports that the lawsuit, filed by Hunter Biden's and James Biden's former partner Anthony Lotito, Jr., alleges that now-Democratic Vice-Presidential candidate Joe Biden asked his brother to find a non-lobbying job for Hunter because of Joe Biden's concern for his Presidential campaign.
The Washington Post says Lotito offers no direct evidence of Sen. Joe Biden's involvement.
To read the entire Washington Post article, CLICK HERE
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Links require admin approval before posting.
Questions may be sent to firstname.lastname@example.org. Please provide detailed information.