Joe Biden's brother and hedge fund manager accused of fraud
A federal lawsuit accuses the brother of former Vice President Joe Biden, hedge fund manager Michael Lewitt, and others of attempting to defraud a Tennessee business. The Knoxville News Sentinel reports that the defendants have until mid-August to respond to the lawsuit filed last month by Michael Frey and Dr. Mohannad Azzam. It says the plaintiffs founded Diverse Medical Management to reform failing rural hospitals, and Jim Biden promised to sell the health care plan to investors.