17.1 C
Auckland
Wednesday, November 6, 2024

Popular Now

Hunter Biden indicted by Feds on 9 tax evasion counts

Hunter Biden news

US federal prosecutors filed nine new counts against Hunter Biden and alleged he engaged in a scheme to evade over a million in taxes, a court filing revealed.

“The Defendant engaged in a four-year scheme to not pay at least $1.4 million in self-assessed federal taxes he owed for tax years 2016 through 2019, from in or about January 2017 through in or about October 15, 2020, and to evade the assessment of taxes for tax year 2018 when he filed false returns in or about February 2020,” the document, filed in a federal court in California on Thursday, said.

The indictment alleges that Hunter Biden “spent millions of dollars on an extravagant lifestyle rather than paying his tax bills.” He evaded taxes while getting paid millions, the document revealed.

Between 2016 and October 15, 2020, according to the document, Hunter Biden received more than $7 million in total gross income. The document also said Burisma agreed to pay the defendant $1 million annually, which they reduced to $500,000 a year in March 2017.

The indictment also details Hunter Biden’s business dealings with other foreign contacts.

Between 2015 and 2017, Hunter Biden and two business associates split a payment of $3.1 million tied to attempts to help a Romanian businessperson contest bribery charges he was facing in his home country.

Hunter Biden and business associates in 2015 met with individuals tied to CEFC China Energy company for talks on infrastructure projects.

“On or about March 1, 2017, State Energy HK, a Hong Kong entity associated with CEFC, paid approximately $3 million to Business Associate 1’s entity for sourcing deals and for identifying other potential ventures. The Defendant [Hunter Biden] had an oral agreement with Business Associate 1 to receive one-third of those funds, or a million dollars. The Defendant, in turn, directed a portion of those million dollars to Business Associate 3,” the document said.

Republican-led House panels are probing Hunter Biden for alleged criminal activity, including foreign bribery and influence peddling. Last month, the Oversight Committee subpoenaed Hunter Biden to appear for a deposition.

Promoted Content

No login required to comment. Name, email and web site fields are optional. Please keep comments respectful, civil and constructive. Moderation times can vary from a few minutes to a few hours. Comments may also be scanned periodically by Artificial Intelligence to eliminate trolls and spam.

1 COMMENT

  1. Please.

    We all know those charges will go precisely nowhere. This is just a political tactic, a ploy by his father’s DOJ.

    Now any congressional inquiries or questioning of the Biden family or their dodgy associates will simply be met with the bureau’s standard, “I’m sorry, we can’t comment on an ongoing investigation…” and that’ll be the end of it. Dead end, thanks for playing.

    Must be nice to be in the big club, hey?

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

Trending

Sport

Daily Life

Opinion

Wellington
light rain
13.5 ° C
13.9 °
13.3 °
93 %
2.1kmh
100 %
Tue
14 °
Wed
15 °
Thu
16 °
Fri
16 °
Sat
16 °