REPORT: How Frank Biden leveraged his famous name for business gain

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BY TEAM DML / JANUARY 18, 2020 /

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As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by ABCNews.GO.com:

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 goes on to state the following:

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In media interviews at the time, Frank Biden was unabashed – calling his last name “a tremendous asset” because of the family’s record of “taking care of people who need help,” and telling people it brought him “automatic acceptance” as he sought government approvals for the for-profit Mavericks in Education.

According to the report, “claims of mismanagement would ultimately bog down many of those schools,” and that critics suggest “Biden touted his family name to promote the Mavericks’ charter schools” in one example of the former vice president’s family “actively benefiting” from the Biden name.
Read more at ABCNews.GO.com.
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