The president’s son, Hunter Biden, faces new controversy as he was indicted on nine charges in California on December 7. This comes as the probe into his family’s business dealings with foreign entities intensifies.
Biden was charged with three felonies and six misdemeanors; this adds up to his current firearms charges in Delaware, where he violated the laws against drug users having guns in 2018.
Special counsel Daid Weiss noted that “[Hunter Biden] spent millions of dollars living an extravagant lifestyle rather than paying his tax bills.”
Weiss also added that the controversy-stricken Biden had “engaged in a four-year scheme to not pay at least $1.4 million.”
Biden evaded tax payments from 2016 through 2019. Prosecutors furthered that despite paying his dues in 2018, he included “false business deductions to evade assessment of taxes to reduce the substantial tax liabilities he faced.”
The Justice Department noted that Biden could be imprisoned for 17 years if the charges against him were proven true. This case could have been closed had the plea deal been pushed through.
According to CNN, this new tax case stems from Hunter Biden’s lucrative overseas dealings, including his involvement with Ukrainian energy company Burisma and a Chinese private equity fund, which is the center of the Republicans’ impeachment probe into Joe Biden.
Based on the court filings, Hunter Biden consecutively missed IRS deadlines to pay his federal taxes and eventually owed around $2 million to the government. He was able to pay the money back after borrowing from a “friend.”
In 2022, career IRS agents Gary Shapley and Joseph Ziegler recommended felony charges against Hunter Biden. They also witnessed political interference by the Justice Department as they probed the president’s son.
Hunter Biden was also exposed to having plundered millions of dollars in private equity deals in Ukraine, China, Romania, and other countries.
GOP lawmakers recently unraveled documents proving that Hunter leveraged his father’s position to make money.
In an investigative article published by Judicial Watch, key information on Biden’s foreign transactions was unraveled, including their corruption involvement.
According to their probe, “the biggest paydays for James and Hunter Biden came from China—specifically from the energy conglomerate CEFC China. The total amount, flowing to Biden-connected entities, notes the Comer Committee, is “over $8 million.”
The House Oversight Committee has also identified over 20 shell companies and uncovered how the Bidens and their associates raked in over 24 million dollars between 2015 and 2019 by selling Joe Biden as “the brand.” Financial records obtained show Hunter Biden’s business account, Owasco PC, received payments from Chinese-state-linked companies and other foreign nationals and companies.
These problems are piling up just in time for Biden’s reelection campaign.
