Hunter Biden faces second federal indictment, this time on tax evasionon December 8, 2023 at 3:59 am

- Advertisement -
- Advertisement -
- Advertisement -
- Advertisement -

The president’s son allegedly evaded at least $1.4m in taxes while funding an “extravagant lifestyle”.

Hunter BidenImage source, Reuters

Federal prosecutors have filed tax charges against Hunter Biden, in a new criminal case against the US president’s son.

The indictment alleges he “engaged in a four-year scheme to not pay at least $1.4m in self-assessed federal taxes he owed for tax years 2016 through 2019”.

The nine charges include failure to file and pay taxes, false tax return and evasion of assessment.

Hunter Biden was indicted in September on federal firearm charges in Delaware.

President Joe Biden’s 53-year-old son has already pleaded not guilty in the gun case.

The White House is not commenting on the new charges.

Department of Justice Special Counsel David Weiss has been investigating Hunter Biden’s alleged criminal conduct since 2019.

Federal prosecutors allege Hunter Biden “spent millions of dollars on an extravagant lifestyle rather than paying his tax bills”.

Instead of paying taxes, prosecutors found that Hunter Biden spent his money on “drugs, escorts and girlfriends, luxury hotels and rental properties, exotic cars, clothing, and other items of a personal nature”.

The indictment says that the president’s son “individually received more than $7 million in total gross income” between 2016 and mid-October 2020, but “willfully failed to pay his 2016, 2017, 2018, and 2019 taxes on time, despite having access to funds to pay some or all of these taxes”.

A chart inside the indictment reveals what Hunter Biden spent his money on.

Between 2016-19, he paid over $188,000 on “adult entertainment” and in the same period spent over $683,000 in “payments – various women”, according to the charge sheet.

Hunter Biden “continued to earn handsomely and to spend wildly in 2018”, prosecutors allege.

As his income increased, so did his expenditures, says the indictment.

In 2018, the defendant spent more than $1.8m, including hundreds of thousands of dollars in cash withdrawals, about $383,000 in payments to women and $151,000 on clothing.

The charge sheet also notes that Hunter Biden had joined the board of directors of Burisma Holdings Limited, a Ukrainian industrial conglomerate, which agreed to pay him an annual salary of about $1m.

This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version.

You can receive Breaking News on a smartphone or tablet via the BBC News App. You can also follow @BBCBreaking on Twitter to get the latest alerts.

- Advertisement -




Rugby World Cup: The intrigue & inspiration behind first women’s tournament of 1991on October 5, 2022 at 11:01 pm

Memories differ and rumours abound but the first women's Rugby World Cup can be certain of its game-changing legacy.Memories differ and rumours abound but...

Raquel Welch: US actress and model dead at 82on February 15, 2023 at 8:45 pm

Welch won a Golden Globe Award in 1974 for her performance in The Three Musketeers.Image source, Getty ImagesHollywood star Raquel Welch, who became an...

Man Utd to face PSG in Champions League with holders Chelsea playing Lilleon December 13, 2021 at 11:44 am

Manchester United are drawn to face Ligue 1 leaders Paris St-Germain in the Champions League last 16, while Chelsea play Lille.

Jockey Robbie Dunne says he used ‘figure of speech’ and did not threaten Bryony Froston December 7, 2021 at 4:36 pm

Robbie Dunne said he was using a "figure of speech" when he told fellow rider Bryony Frost that he would put her through the...

PGA Tour suspends golfers for playing Saudi-backed eventon June 9, 2022 at 2:29 pm

The PGA Tour is suspending all its members who are playing in this week's LIV Golf Invitational event at Centurion Club.The tournament, being held...