This Post Is Recently Updated on Dec 8, 2023 @ 20:06 pm by TBB Desk
Hunter Biden, the son of U.S. President Joe Biden, has recently been indicted on multiple counts of tax evasion. The charges, filed by the U.S. Department of Justice, accuse Hunter Biden of failing to pay at least $1.4 million in self-assessed federal taxes for the tax years 2016 through 2019. He is facing three felony and six misdemeanor tax offenses, according to the indictment filed in the U.S. District Court, Central District of California.
The indictment highlights that Hunter Biden allegedly spent large sums of money on personal expenses, including drugs, escorts, girlfriends, luxury hotels, rental properties, exotic cars, clothing, and more than $70,000 on drug rehabilitation, instead of paying his taxes. Prosecutors have reported that between 2016 and October 2020, Hunter Biden received more than $7 million in total gross income, including nearly $2.3 million from his position on the board of directors of Burisma, a Ukrainian industrial conglomerate, and fees generated by deal-making with a Chinese private equity fund.
Hunter Biden’s lawyer, Abbe Lowell, has stated that his client had repaid his taxes in full, accusing U.S. Special Counsel David Weiss of reneging on a previous agreement and of political bias. Lowell argued that the charges would not have been brought if Hunter Biden’s last name were different.
These charges add to Hunter Biden’s legal challenges, as he is already facing separate criminal charges in Delaware for illegally possessing a gun and lying about his drug use on a federal application when he purchased the gun. If convicted of the new tax charges, Hunter Biden could face up to 17 years in prison.
For more detailed information on this case, you can refer to the reports from Reuters and Politico.
