ABC: Joe Biden’s Brother, Frank Biden, Cashed In On His Famous Family Name

Before Hunter Biden was getting paid by that Ukrainian company there Joe Biden's younger Brother, Frank.

Frank Biden apparently made big money on charter school contracts by using access to his brother.

When his older brother was VP, Frank Biden even admitted that was great for business, saying that his last name was “a tremendous asset”.

ABC News reports:

“In 2009, the year Joe Biden took office as vice president, a local business executive met the politician’s younger brother, Frank, at a Starbucks in Palm Beach Gardens, Florida, and later asked him to become the president and front man for a fledgling charter school venture.Frank Biden, a longtime real estate developer in the state, accepted the offer, and over the years, he touted his famous last name and prominent connections in Washington to help land the company a series of charter contracts from local officials in Florida to open charter schools, earning hundreds of thousands of dollars over a five-year period from the company in the process.”...

The article points out that Frank Biden said that having his brother in DC brought him “automatic acceptance” as he sought government approvals for the for-profit Mavericks in Education.

However there are some serious questions about the school as ABC reports:

“Claims of mismanagement would ultimately bog down many of those schools, which focused on educating at-risk teens with troubled backgrounds. In at least two separate lawsuits, Mavericks schools faced allegations of inflating enrollment as part of a scheme to garner more government funding. The charters were eventually sold and the schools reorganized under new management.
Critics suggest that when Frank Biden touted his family name to promote the Mavericks’ charter schools, it was just one example of the Biden family actively benefiting from sharing a name with the vice president. Now it could pose challenges for the former VP as he seeks the Democratic Party nomination for president, even when Joe Biden has not been accused of any wrongdoing.”

In 2012, a former teacher at the Mavericks school filed a whistleblower lawsuit accusing the school of altering student enrollment records in an effort to secure more government funding. This case was settled out of court. The terms of the settlement were kept secret.

In addition, ABC reports “A pair of audits by the state of Florida in 2012 and 2014 found that Mavericks schools operated in Palm Beach and Broward Counties were beset by similar issues.”

ABC News said Frank Biden declined to be interviewed for its report & Joe Biden’s presidential campaign directed ABC News to his past public statements about the distance he says he maintained from the dealings of his relatives.