Hunter Biden hit with new tax-related indictment in California

The indictment alleges Hunter Biden "spent millions of dollars on an extravagant lifestyle rather than paying his tax bills."

Hunter and Ashley Biden, children of President Joe Biden, attend the 59th Presidential Inauguration ceremony in Washington, Jan. 20, 2021. (DOD Photo by Navy Petty Officer 1st Class Carlos M. Vazquez II)

(The Center Square) — President Joe Biden’s son, Hunter, is facing new charges.

Federal prosecutors released a 56-page indictment late Thursday. The indictment unsealed in the Central District of California alleges Biden failed to file and pay taxes, evaded an assessment and filed false or fraudulent tax returns.

The indictment alleges Biden attempted to dodge paying taxes of at least $1.4 million from 2016 through 2019. CNN previously reported that a special counsel has been using a Los Angeles-based grand jury to gather evidence related to Biden’s finances. The new indictment contains nine charges, including lying about the taxes he eventually filed in 2018 to significantly reduce what he owed.

Notably, the indictment alleges Hunter Biden “spent millions of dollars on an extravagant lifestyle rather than paying his tax bills.”

“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,” the indictment continued.

Also from the indictment:

“Between 2016 and October 15, 2020, the Defendant individually received more than $7 million in total gross income. This included in excess of $1.5 million in 2016, $2.3 million in 2017, $2.1 million in 2018, $1 million in 2019 and approximately $188,000 from January through October 15, 2020. In addition, from January through October 15, 2020, the Defendant received approximately $1.2 million in financial support to fund his extravagant lifestyle.”

Republican leadership on the House Oversight Committee and the House Judiciary Committee threatened Hunter Biden on Wednesday with a contempt of Congress charge should he skip a scheduled Dec. 13 deposition related to a separate investigation. Republicans are looking to question Hunter Biden along with other family members and associates to build an impeachment charge against the president related to the Biden family’s overseas business dealings.

House Oversight Chair Rep. James Comer, R-Ky., said Hunter Biden will be deposed but likely be allowed to testify publicly at a later date.

Biden pleaded not guilty in October to federal tax charges in Delaware after a plea deal fell through. That case is ongoing.

 

Cole Lauterbach
 | Website

Cole Lauterbach reports on Illinois and Arizona government and statewide issues for The Center Square. He has produced radio shows for stations in Central Illinois and created award-winning programs for Comcast SportsNet Chicago.