Hunter Biden Charged With Evading Taxes on Million From Foreign Firms

(iexclusivenews) – Hunter Biden, the son of President Joe Biden, is facing new federal charges of tax evasion. A grand jury in California indicted him on Thursday for allegedly failing to report millions of dollars in income from foreign businesses and hiding assets in offshore accounts.

This is the second indictment against him this year, following a previous one in Delaware for unlawfully owning a gun while being a drug addict.

The latest charges could have serious implications for his father’s presidency and his reputation.

What are the charges against Hunter Biden?

According to the indictment, Hunter Biden is charged with nine counts of tax evasion, each carrying a maximum sentence of two years in prison. The indictment alleges that between 2013 and 2021, Hunter Biden received more than $16 million from various foreign entities, including Ukrainian energy company Burisma, Chinese investment firm BHR Partners, and Romanian real estate tycoon Gabriel Popoviciu.

However, he failed to report this income on his tax returns, resulting in a tax liability of more than $6 million. The indictment also accuses him of using shell companies, nominees, and offshore accounts to conceal his income and assets from the IRS.

The indictment claims that Hunter Biden’s scheme was motivated by greed and a desire to avoid paying taxes. It also suggests that he used his influence and connections to his father, who was then vice president of the United States, to secure lucrative deals with foreign businesses.

The indictment cites several emails and text messages that allegedly show Hunter Biden discussing his business activities and his father’s role in them. For example, in one email from 2014, Hunter Biden wrote to his business partner:

“My dad is going to run for president, so I need you to be discreet about this.” In another email from 2017, he wrote to his accountant: “I have been incredibly fortunate to have access to some of the most powerful people in the world, and I don’t want to jeopardize that.”

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How has Hunter Biden responded to the charges?

Hunter Biden has pleaded not guilty to the charges and has denied any wrongdoing. He has also accused the prosecutors of being politically motivated and pursuing a “witch hunt” against him and his family.

He has claimed that he is being targeted because of his father’s position and his outspoken criticism of former President Donald Trump and his allies.

He has also argued that he has paid all his taxes and that the indictment is based on false and misleading information.

Hunter Biden’s lawyer, Abbe Lowell, has issued a statement saying that the charges are “unfounded and unjustified” and that they are “part of a continued effort to use the criminal justice system as a weapon against the Biden family.”

Lowell has also said that Hunter Biden has cooperated with the IRS and the Justice Department and that he has provided all the relevant documents and information to prove his innocence. Lowell has vowed to fight the charges in court and to clear his client’s name.

What are the implications of the charges for Joe Biden and his presidency?

The charges against Hunter Biden are a major embarrassment and a potential liability for Joe Biden and his presidency. They could undermine his credibility and authority as the leader of the nation and the free world.

They could also damage his image and popularity among the American public and his allies abroad. They could also provide ammunition for his political opponents and critics, who have long accused him of being corrupt and nepotistic.

Joe Biden has not commented directly on the charges against his son, but he has expressed his support and love for him. He has also defended his son’s character and integrity, saying that he is “the smartest man I know” and that he is “a good man.” He has also dismissed the allegations against his son as “a bunch of lies” and “a smear campaign.”

He has also insisted that he has never discussed his son’s business dealings with him or with anyone else and that he has never used his office or influence to benefit his son or his associates.

Joe Biden has also tried to distance himself from his son’s legal troubles and to focus on his presidential duties and responsibilities. He has said that he trusts the justice system and that he will not interfere with the investigation or the prosecution of his son.

He has also said that he will not let the charges against his son affect his relationship with him or his performance as president. He has also said that he will not let the charges against his son distract him from his mission and vision for the country and the world.

(New York Times)