.jpg)
“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 wrote in the 56-page indictment out of the Central District of California.
“In furtherance of that
scheme,” Weiss noted 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.”
Hunter spent his cash 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,” according to the indictment.
Weiss highlighted that Biden
used a business line of credit to make more than $27,000 in payments to a porn
site, “which in total accounted for one fifth of all of the business line of
credit expenditures..
The porn payments were among
nearly $189,000 the first son spent on “adult entertainment” while not paying
taxes, according to Weiss, including a $10,000 payment for a sex club
membership that he expensed as a “golf club membership..
He also claimed a false
deduction for “consulting” that was “in truth and in fact” payments to “various
women who were either romantically involved with or otherwise performing
personal services” for Biden.
More than $680,000 went to these women while Biden wasn’t paying taxes.
“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 added.
Judge Mark Scarsi, an appointee
of former President Donald Trump, has been assigned the case.
The scandal-scarred first son
is already facing three felony counts related to false statements he made when
purchasing a firearm. Weiss brought those charges against him in September,
after a June plea deal fell apart in a Delaware courtroom.
Hunter has pleaded not guilty
to all charges. He faces a maximum of 25 years in prison in the gun case.
IRS whistleblower Gary Shapley
claims Biden avoided paying taxes on $8.3 million in income he received between
2014 and 2019, a period during which he sat on the board of the Ukrainian gas
company Burisma Holdings and the Chinese private equity fund BHR Partners..
During the plea hearing,
prosecutors noted to US District Judge Maryellen Noreika that the agreement did
not preclude bringing charges against Biden later for other alleged crimes —
such as possible violations of the Foreign Agents Registration Act.
Post a Comment