Headline: Justice Department Files New Tax Evasion Charges Against Hunter Biden
The Department of Justice has brought forth fresh criminal charges against Hunter Biden, son of US President Joe Biden, alleging that he failed to pay $1.4 million in taxes while leading a lavish lifestyle involving multimillion-dollar expenditures.
An indictment, filed in the US District Court in Central California on Thursday local time, includes three felony charges and six misdemeanors related to tax offenses, potentially resulting in a maximum prison sentence of 17 years if Hunter Biden is convicted.
The Justice Department revealed that its investigation into Hunter Biden is ongoing, emphasizing a four-year scheme in which he reportedly evaded at least $1.4 million in self-assessed federal taxes for the years 2016 through 2019. The indictment accuses him of prioritizing an extravagant lifestyle over settling his tax obligations.
The document outlines Hunter Biden’s substantial earnings while serving on the boards of a Ukrainian industrial conglomerate and a Chinese private equity fund. Despite the lucrative income, the charges assert that his spending escalated alongside his earnings. Notably, in 2018 alone, Hunter Biden allegedly spent over $1.8 million, including cash withdrawals, payments to women, and expenditures on clothing and accessories, without allocating any of these funds to his tax payments for the same year.
While a spokesperson for Special Counsel David Weiss and Hunter Biden’s lawyer have yet to respond to requests for comment, the indictment emphasizes the ongoing legal scrutiny facing the President’s son. In October, Hunter Biden pleaded not guilty to charges in Delaware related to alleged false statements about his drug use while purchasing a handgun.
The Justice Department continues to investigate potential tax law violations, with a grand jury in Los Angeles seeking documents and testimony from various witnesses in connection with the federal probe into Hunter Biden’s business dealings.