US Leader's Son Hunter Biden Faces Nine Tax Evasion Charges, Document Reveals
© AFP 2024 STEFANI REYNOLDSHunter Biden arrives for a toast during an official State Dinner in honor of India's Prime Minister Narendra Modi, at the White House in Washington, DC, on June 22, 2023.
© AFP 2024 STEFANI REYNOLDS
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WASHINGTON (Sputnik) - 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.
In October 2020, a US media outlet published a report based on the so-called "laptop from hell," seemingly containing damning evidence about Joe Biden and his son.
"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.