In A Federal Tax Case : T10 Hunter Biden is Charged With Nine Felonies.
Hunter Biden is facing charges related to an ongoing Justice Department investigation concerning his taxes; this is the second criminal case that President Joe Biden’s son is the target of special counsel David Weiss.
There are nine counts total in the charges, which include filing false or fraudulent tax returns, evading assessment, and failing to file and pay taxes. The news of a fresh criminal case was first reported by CNN.
Hunter Biden “engaged in a four-year scheme to not pay at least $1.4 million” in taxes that he owed from 2016 to 2019, according to the special counsel’s office.
In A Federal Tax Case : T10 Hunter Biden is Charged With Nine Felonies.
Prosecutors claim that even though Hunter Biden eventually paid his taxes for 2018, he took “false business deductions in order to avoid tax assessment in order to lower the significant tax obligations he was facing.
In the 56-page indictment, the prosecution further claims that by taking millions of dollars out of his company’s payroll and tax withholding system, he “subverted the payroll and tax withholding process of his own company.”
The indictment claims that between 2016 and October 15, 2020, the defendant “spent this money on drugs, escorts and girlfriends, luxury hotels and rental properties, exotic cars, clothing, and other items of a personal nature, in short, everything but his taxes.
” The president’s son “spent millions of dollars on an extravagant lifestyle rather than paying his tax bills.”
Hunter Biden’s 2021 memoir, “Beautiful Things,” in which he described some of his personal struggles, was also mentioned in the indictment.
with drug misuse and addiction. The indictment states that between January and October 15, 2020, he received more than $140,000 in connection with the book.
“Based on the facts and the law, if Hunter’s last name was anything other than Biden, the charges in Delaware, and now California, would not have been brought,” stated Hunter Biden’s attorney, Abbe Lowell, in a statement.
First, U.S. Attorney Weiss gave in to pressure from Republicans and filed unprecedented, unlawful gun charges in order to withdraw the non-prosecution resolution.
In A Federal Tax Case : T10 Hunter Biden is Charged With Nine Felonies.
Now, two years after Hunter paid his taxes in full and after five years of investigation without any new evidence, the U.S. Attorney has filed nine new charges, despite having just months earlier agreed to settle this case with two misdemeanors,” the man went on.
In a letter dated Tuesday, Lowell had requested to meet with prosecutors “before any additional charging decisions are made.” In his statement on Thursday, he stated that there was no “customary meeting to discuss this investigation.”
When CNN inquired about comments, the White House directed them to the Justice Department and the aides of Hunter Biden.
The Justice Department stated in a news release on Thursday that Hunter Biden might spend up to 17 years in prison if found guilty of the charges.
When a plea agreement collapsed in July, the case was almost finished.
Hunter Biden’s profitable international business ventures, including his association with the Ukrainian energy company Brisa and The focus of House Republicans’ investigation into Joe Biden’s impeachment is a Chinese private equity fund.
Presently, the president’s son is fighting to stay out of jail in two separate criminal cases while he campaigns for a second term in office and faces an impeachment attempt from the Republican party.
Court documents from the now-canceled plea agreement state that Hunter Biden frequently failed to meet IRS deadlines for paying his federal taxes on time, resulting in an approximate $2 million debt to the government. In 2021, he repaid the loan with a friend’s help.
In A Federal Tax Case : T10 Hunter Biden is Charged With Nine Felonies.
Since 2018, federal prosecutors have been investigating Hunter Biden’s financial affairs, and in August, US attorney David Weiss, who was appointed by President Trump, was named special counsel.
This summer, the investigation seemed to be coming to an end when Hunter Biden consented to admit guilt to two tax misdemeanors in exchange for the prosecution’s recommendation of no jail time.
They also decided that if he stayed out of trouble with the law, the gun charge would be dropped in two years.
However, after being examined by a federal judge and arguments over the fine print, both proposed deals fell through.
Subsequently, Weiss indicted Hunter Biden in September on three counts pertaining to his acquisition of a firearm from a Delaware store in 2018, during which the prosecution claims he was an illicit drug user.
In the case of false statements and gun possession, he entered a not guilty plea.
In the past, Weiss was charged by Hunter Biden’s attorneys with “bending to political pressure” from Republicans and acting in a way that “presents a grave threat to our system of equity.”
Republicans have targeted Weiss in part due to testimony from two IRS whistleblowers who were part of the investigation and claimed to have seen the Justice Department meddle politically. Early in 2022, according to the whistleblowers, career IRS agents suggested filing felony tax charges against Hunter Biden.
Attorney General Merrick Garland and Weiss have denied the allegations made by the whistleblowers.
Hunter Biden amassed millions of dollars from corporate consulting, private equity transactions, and legal fees in Romania, China, Ukraine, and other nations.
Previously, the prosecution claimed that he was aware of his impending tax obligations by associates and accountants and had the funds to purchase luxuries like a Porsche, but he ignored the IRS deadlines.
In A Federal Tax Case : T10 Hunter Biden is Charged With Nine Felonies.
House Republicans have focused heavily on numerous of these foreign in the course of their own investigations.
There is evidence that Hunter Biden took advantage of his father’s position to further his own financial gain.
However, the majority of their impeachment investigation rests on their unverified allegations that Joe Biden engaged in “corrupt” business dealings with his son.
Republicans’ allegations that Joe Biden engaged in business with his son or misused his position to enrich his family have never received any support from federal prosecutors, according to the GOP.
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