Skip to comments.Hunter Biden faces 17 years in prison after spending millions on lavish hard-partying lifestyle while dodging taxes: special counsel
Posted on 12/07/2023 7:38:45 PM PST by Oldeconomybuyer
Hunter Biden was indicted Thursday on nine charges — including three felonies — in part for allegedly evading over $1 million in taxes while living a hard-partying “extravagant” life.
The three felonies leveled against President Biden’s 53-year-old son — who faces a maximum penalty of 17 years in prison if convicted on all counts — include one count tax evasion for his 2018 personal taxes and two counts of filing a false return for his 2018 personal taxes and on a corporate income tax return for his company Owasco, PC.
He has also been hit with six misdemeanor counts of failure to pay and failure to file charges for the 2016, 2017, 2018 and 2019 tax years.
“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,” Special Counsel David Weiss writes in the 56-page indictment out of the Central District of California.
“In furtherance of that scheme,” Weiss notes that Hunter “subverted the payroll and tax withholding process of his own company, Owasco, PC by withdrawing millions from Owasco, PC” and “spent millions of dollars on an extravagant lifestyle rather than paying his tax bills.”
“When he did finally file his 2018 returns, [Hunter] included false business deductions in order to evade assessment of taxes to reduce the substantial tax liabilities he faced as of February 2020,” the special counsel adds.
Judge Mark Scarsi, an appointee of former President Donald Trump, has been assigned to the new case.
(Excerpt) Read more at nypost.com ...
I see a full pardon in his future.
It’s a witch-hunt, I’m telling ya!! - The Tater
“Hunter Biden faces 17 years in prison after spending millions on lavish hard-partying lifestyle while dodging taxes: special counsel”
No, he faces 11 months of hiring lawyers...just to have charges dropped after next year’s election.
It’s all a farce if it don’t lead to the big guy. Jr. is small potatoes.
Before he serves a minute in jail.
He's lucky his last name isn't Helmsley or Stewart...
Hunter wouldn’t get 17 minutes with this corrupt DOJ involved.
Or 17 seconds.
Smartest guy Joe knows. But not smart enough to avoid a tax evasion scheme that, even I who has no background in finance, would recognize as a blatant tax evasion scheme. He relied on the Biden “brand” getting him a free pass. There will be a pardon, but even if justice never comes for Joe, the anguish of Hunter being publicly humiliated undoubtedly strikes him in the heart. And I love that
where is the indictment for conspiracy to bribe, conspiracy to solicit bribes and cnsopiracy to receive bribes?
Sure. Whatever. Color me cynical.
They want JB GONE.
There is someone else in the wings and everyone is getting impatient.
...that’s how they got Capone too, he died from the stress while in prison.
Biden probably won’t pardon him. What he will do is commute his sentence 1 minute after he is sentenced.
” I see a full pardon in his future.”
Of course. Federal charges (I think). Day 6 will pardon him on Day One.
Thought Capone died from v.d.
As if Daddy isn’t going to pardon him on his way out the door.
I think so.
We need 51 former DOJ goons to sign a letter telling us this is all Ruskie disinfo. Then it’ll all go away.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.