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GreekReporter.comGreek NewsPoliticsHunter Biden Faces Federal Charges for $1.4M Tax Evasion

Hunter Biden Faces Federal Charges for $1.4M Tax Evasion

Hunter Biden
The indictment says that between 2016-19, Hunter Biden paid over $188,000 for “adult entertainment.” Credit: Center for Strategic & International Studies, CC BY 3.0/Wikipedia

Federal prosecutors have filed tax charges against Hunter Biden, a second criminal case against the US President’s son. The nine-count indictment says he schemed to evade at least $1.4 million in federal taxes from 2016 to 2019.

The three felonies and six misdemeanors include failure to file and pay taxes, false tax return, and evasion of assessment. If convicted in the tax case, Hunter Biden could face up to seventeen years in prison.

Hunter Biden was indicted in September on federal firearm charges in Delaware. He pleaded not guilty.

“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,” the 56-page indictment filed in California reads.

The President’s son “individually received more than $7 million in total gross income” between 2016 and 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.”

Hunter Biden spent huge sums “on drugs, escorts and girlfriends”

It was added that he had instead spent huge sums “on drugs, escorts and girlfriends, luxury hotels and rental properties, exotic cars, clothing, and other items of a personal nature” including over seventy thousand dollars on drug rehabilitation.

Hunter Biden’s lawyer, Abbe Lowell, said in a statement that his client had repaid his taxes in full, accusing U.S. Special Counsel David Weiss, who is leading the probe into Hunter Biden, of reneging on a previous agreement, Reuters reports.

“If Hunter’s last name was anything other than Biden, the charges in Delaware, and now California, would not have been brought,” he added.

A chart inside the indictment outlines what Hunter Biden spent his money on. Between 2016 to 2019, he paid over $188,000 for “adult entertainment” and over $683,000 on “payments—various women,” according to the charge sheet.

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

The indictment notes he made “substantial” income, including from a company he formed with a Chinese business conglomerate, the Ukrainian energy company Burisma, and an unnamed Romanian businessperson.

As his income increased, so did his expenditures on an “extravagant lifestyle,” says the indictment. In 2018, the defendant spent more than $1.8 million, including hundreds of thousands of dollars in cash withdrawals, about $383,000 in payments to women and $151,000 on clothing.

Yet that same year, Hunter Biden texted his ex-wife that he could not make his alimony payment “due to insufficient funds.” Meanwhile, he stayed at various luxury hotels, spent ten thousand dollars “to purchase a membership in a sex club” and claimed that $1,248 cross country airline tickets for an exotic dancer were a business expense, according to the indictment.

Prosecutors note that he “had sufficient funds available…to pay some or all of his outstanding taxes when they were due” but chose not to do so. He allegedly often wrote off personal expenses as business expenses, including a rental of a Lamborghini that he drove when he first moved to California in April 2018 until his Porsche arrived from the East Coast.

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