(Daily Caller) Hunter Biden, the son of President Joe Biden, is facing new criminal charges, according to a criminal indictment in the Central District of California.
A federal grand jury in California indicted Hunter Biden on nine counts related to his alleged failure to pay over $1 million worth of taxes over a four year period. The younger Biden hauled in more than $7 million in total gross income from foreign business dealings involving Ukrainian, Romanian and Chinese entities, the indictment lays out.
READ THE FULL INDICTMENT:
“At times relevant to this Indictment, the Defendant served on the board of a Ukrainian industrial conglomerate and a Chinese private equity fund. He negotiated and executed contracts and agreements for business and legal services that paid millions of dollars of compensation to him and/or his domestic corporations, Owasco, PC and Owasco, LLC,” the indictment reads.
“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, from in or about January 2017 through in or about October 15, 2020, and to evade the assessment of taxes for tax year 2018 when he filed false returns in or about February 2020,” the indictment adds.
Hunter Biden is being charged with three felonies and six misdemeanors including failure to pay taxes and failure to file taxes. The indictment proceeds to lay out Hunter Biden’s business dealings with Ukrainian energy firm Burisma Holdings, Chinese infrastructure company CEFC and a Romanian oligarch previously thought to be Gabriel Popoviciu.
The evidence contained in the indictment related to Hunter Biden’s foreign business dealings was previously disclosed by House Oversight Committee lawmakers and IRS whistleblowers Gary Shapley and Joseph Ziegler. Bank recordsreleased by the Oversight Committee beginning in March show the payments to Hunter Biden and his business associates from foreign entities exceeded $24 million.
Both IRS whistleblowers came forward to the House Ways and Means Committee with allegations the Department of Justice (DOJ) gave Hunter Biden special treatment during the criminal investigation. In a statement released Thursday evening, Shapley and Ziegler said they were vindicated by the new indictment.
The fresh indictment provides details on Hunter Biden’s book deal for his memoir and expenses paid by his “Personal Friend” adding up to over $1 million. The third party financier was identified by Ziegler as Hollywood attorney Kevin Morris, who is believed to have paid roughly $2 million of Hunter Biden’s tax burdens.
Hunter Biden spent more than $4 million during the 2016-19 time period on a lavish lifestyle featuring drugs, prostitutes, girlfriends, luxury vehicles and other expensive goods, the indictment shows on page 13. Even after he became sober, Biden still failed to pay his overdue taxes and spent large sums of money to maintain his high powered lifestyle, according to the indictment.
“Notably, in 2020, well after he had regained his sobriety, and when he finally filed his outstanding 2016, 2017, and 2018 Forms 1040, the Defendant did not direct any payments toward his tax liabilities for each of those years. At the same time, the Defendant spent large sums to maintain his lifestyle from January through October 15, 2020,” the indictment asserts.
He spent over $600,000 on payments to various women and over $180,000 on adult entertainment. His rehab stint set him back around $70,000 and his spending on clothing and accessories approached $400,000, expenses from his Owasco P.C. bank account show.
Special counsel David Weiss had been investigating Hunter Biden’s taxes with help from a California grand jury. Biden has lived in the Los Angeles, California, metropolitan area since 2018, the new indictment says.
Court documents were not initially publicized when the news of Hunter Biden’s criminal charges was reported by multiple outlets. CNN first reported the federal charges against Hunter Biden were imminent, citing people briefed on the matter.
A spokesperson for Weiss declined comment to Fox News and a White House spokesperson declined to comment to NBC News. Hunter Biden’s defense attorney did not immediately respond to a request for comment.
BREAKING: DOJ files new criminal charges against Hunter Biden. SCOOP from @evanperez. More on @cnn momentarily
— Paula Reid (@PaulaReidCNN) December 8, 2023
