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 ...
and nothing was done.
Ha ha ha!! 🧐
Laffing so hard I wet my pants.
Babylon Bee tricked me again.
Smartest guy in the world is going to be selling more paintings.
Does Joe know about this?
Going to be a Christmas to remember.
I guess Jill will be explaining to Pops that he won’t be running tor re-election.
These are state tax evasion charges.
Daddy can’t pardon him.
Hmmm, so who’s pulling the strings here? Harris aka Obama or Newsom?
Or are they the same?
Trying to figure out the political angle
Nails it.....even if justice never comes for Joe, the anguish of Hunter
being publicly humiliated undoubtedly strikes him in the heart.
AND its one more setback in Joe’s long-held plan to “clean-up” Hunter, “resurrect”
him from public scorn, and install sonny boy in public office (as dead Beau’s replacement).
Whoring cokehead Hunter Biden, a global influence peddler, lived off his
father’s elective positions, as a hard-partying bum, on the taxpayers’ dime.
Hunter was hit with nine charges — including three felonies —
for allegedly evading over $1M in personal and business taxes:
<><>one felonious count of tax evasion for his 2018 personal taxes
<><>two felonious counts of filing a false return for his 2018 personal taxes
<><>filing a false corporate income tax return for his company Owasco, PC.
<><>six misdemeanor counts of failure to pay
<><>and failure to file for the 2016, 2017, 2018 and 2019 tax years.
Bank flagged $5M loan from Communist Chinese firm to influence-peddler Hunter Biden,
Proceeds ended up in Joe Biden’s account, suggesting money laundering, tax evasion schemes
justthenews ^ | 11/19/2023 | john Solomon
FR Posted on 11/29/2023, 11:00:30 PM by bitt
Some of the proceeds from a 2017 Chinese loan, flagged by a bank investigator for potentially money laundering and influence-peddling, ended up in Joe Biden’s account, congressional investigators say.
A bank investigator trained to spot money laundering raised serious concerns in 2017 about a $5 million loan that the Biden family received from the arm of a Chinese energy firm, flagging the transaction as “high risk” and possibly tied to efforts by the communist government to gain influence through Hunter Biden, according to an explosive new memo released by congressional investigators Wednesday.
The memo released by House Oversight Committee Chair Comer
stated that the unnamed bank examiner raised specific concerns:
<><>the supposed loan had no paperwork, interest and no repayment schedule
<><>a Biden family firm redistributed large sums to a Hunter Biden law firm
<><>the recipient firm was inside the Biden family apparat
<><>the Bidens did not appear to have business activity requiring a loan.
The bank examiner identifies Hunter Biden as a Politically Exposed Person (PEP), which is a widely used term in financial industry money laundering cases to classify a person who is either “entrusted with a prominent public function,” or a family member of one who is, according to The Federal Financial Institutions Examination Council.
“We have been monitoring the subject customer due to the PEP designation and observations on the account activity as well as recent negative news Indicate this entity to be high risk,” the money laundering investigator wrote bank official as he traced the money from Northern International Capitol Holdings (HK) Limited, a firm tied to China CEFC Energy, through the Biden family’s Hudson West III firm and to Hunter Biden’s Owasco PC law firm
(Excerpt) Read more at justthenews.com ...
“Then-serving as VP for Obama (who knew “nothing”), Joe Biden appears to have treated the tax-financed “Air Force Two” like it was his own private corporate jet, traveling to Ukraine, Mexico and beyond, to advance Hunter Biden’s influence-peddling business interests,” Ways & Means Committee Chair Jason Smith (R-MO) observed.
Nothing will happen to him except possibly a fine or two - just pocket change really. He’s above the law and he knows it. Unlike the fiend and dictator Trump!
Thanks to Democrats precedent setting use of State Courts, you can count on, I think, that some revenge seeking Republican prosecutor somewhere (probably Texas) will bring Hunter up on state charges in a state court.
If found guilty, he MAY get sent to prison and a pardon won’t work there.
let’s see if this happens
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