dailymail.com——excerpt
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Prosecutors allege President Joe Biden’s son spent millions on an ‘extravagant lifestyle’ while avoiding paying taxes for years. The Justice Department says Hunter faces up to 17 years in prison.
The 53-year-old is also facing up to 25 years in prison on felony gun charges in Delaware in the second trial that could have a devastating impact on his father’s 2024 campaign.
The indictment states that despite receiving millions in personal income and financial support from a friend, Hunter ‘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’.
Between 2016 and 2020 Hunter allegedly spent more than $683,000 on ‘various women’ and almost $400,000 on ‘clothing and accessories’
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link-— Biden ignores questions after son Hunter was indicted
link-—How first son spent $200,000 on prostitutes
‘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,’ it reads.
These latest allegations come as Biden’s son already faces three felony charges that carry a maximum combined 25 years incarceration and $250,000 fine.
The first count is for lying on a 2018 gun purchase form that he was not an illicit drug user, and has a top sentence of 10 years. The second count is for lying to the gun store about it, which could net him up to five years. The third is for possessing the firearm while being an addict, which could land him another 10 years.
The latest indictment alleges Hunter attempted ‘to evade the assessment of taxes for tax year 2018 when he filed false returns in or about February 2020.’
As well as failing to file and pay his taxes he has also been accused of including ‘false business deductions’ in his 2018 returns to reduce his tax bill.
Investigators are set to argue that Hunter ‘spent millions of dollars on an extravagant lifestyle rather than paying his tax bills’.
‘The Defendant spent approximately $1 million in 2016, $1.4 million in 2017, $1.8 million in 2018, and $600,000 in 2019’ the indictment alleges.
Hunter is said to have made more than $7 million in gross income between 2016 and 2020, according to the documents.
In addition, prosecutors allege Hunter receives around $1.2 million ‘in financial support to fund his extravagant lifestyle’ in 2020 alone.
The documents argue that none of this financial assistance was used to pay ‘any of his federal individual income tax liabilities for 2016-2019.’
Nine new criminal charges were filed against Hunter Biden in California on Thursday
They include:
- Two felony charges for filing a false return in 2018, both for Hunter Biden personally and for his company Owasco
- One felony charge for tax evasion in 2018
- Four failure to pay charges for tax years 2016, 2017, 2018 and 2019
- Two charges for failure to file for 2017 and 2018
Adding: ‘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.’
Between 2016 and 2020 the indictment argues that Hunter spent more than $683,000 on ‘various women’ as well as almost $400,000 on ‘clothing and accessories’.
It also alleges that he spent $188,000 on ‘adult entertainment’ throughout that period.
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House Oversight Chair James Comer claims he’s traced some $20 million from foreign actors into Biden family members’ bank accounts through a series of complex shell accounts that were calculatingly designed to minimize scrutiny.
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I had fallen asleep and woke up "in progress" and wanted it out there quickly.