2:57 p.m. ET, January 11, 2024
Hunter Biden is going through 9 prison costs in his federal tax case
Hunter Biden departs federal courtroom in Wilmington, Delaware, in July 2023.
Jonathan Ernst/Reuters
The costs span 9 counts, together with failure to file and pay taxes; evasion of evaluation; and false or fraudulent tax return.
According to the particular counsel’s crew, Hunter Biden “engaged in a four-year scheme to not pay at least $1.4 million” in taxes that he owed from 2016 by 2019. Though Hunter Biden did ultimately pay his taxes from 2018, prosecutors allege that he included “false business deductions in order to evade assessment of taxes to reduce the substantial tax liabilities he faced.”
Prosecutors additionally allege within the 56-page indictment that he “subverted the payroll and tax withholding process of his own company” by withdrawing hundreds of thousands of {dollars} outdoors of its payroll and tax withholding course of.
The president’s son “spent millions of dollars on an extravagant lifestyle rather than paying his tax bills,” in response to the indictment, which states 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.”
Hunter Biden’s legal professional, Abbe Lowell, mentioned in a press release that “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.”
