Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Friday, May 3, 2024 | Back issues
Courthouse News Service Courthouse News Service

Hunter Biden charged with dodging taxes in new federal indictment

Special Counsel David Weiss brought the tax charges after a previous plea deal over Biden's tax payments collapsed earlier this year.

LOS ANGELES (CN) — Hunter Biden was charged Thursday with failing to pay taxes he owed for millions of dollars in income he received working for a Ukrainian natural gas conglomerate and a Chinese private equity fund.

The Office of Special Counsel David Weiss filed a new criminal case against President Joe Biden's son late Thursday in Los Angeles where the younger Biden resides. He's charged with failure to file and pay taxes, filing a false or fraudulent tax return and with evasion of assessment.

Abbe Lowell, an attorney who represents Biden in the pending criminal case in Delaware, didn't immediately respond to a request for comment on the new charges.

According to the indictment, Biden, 53, engaged in a four-year scheme to not pay at least $1.4 million in self-assessed federal taxes he owed for 2016 through 2019, and he evaded the assessment of taxes for 2018 when he filed false returns in February 2020.

He "spent millions of dollars on an extravagant lifestyle rather than paying his tax bills," the indictment said.

Between 2016 and October 15, 2020, according to the charges, Biden received more than $7 million in total gross income. The money came from Burisma Holdings — the Ukrainian conglomerate on which board he served — from an unidentified business associate with whom Biden purportedly helped a Romanian businessperson fight corruption charges and from his involvement with the Chinese private equity venture.

In addition, the indictment said, an entertainment lawyer and personal friend of Biden, provided him with $200,000 in 2020 to rent a "lavish" house on a canal in the trendy Venice neighborhood in LA as well as $11,000 in payments for Biden's Porsche. In total, this friend paid $1.2 million to third parties on Biden's behalf, the indictment said.

Biden, whose legal problems have been fodder for Republican lawmakers and pundits to discredit his father's administration, is already facing three federal weapons charges in Delaware, to which he pleaded not guilty in October.

The weapons and now the tax charges came after a plea agreement with federal prosecutors was rejected by a federal judge earlier this year. Biden had agreed to plead guilty to misdemeanor tax charges and would have avoided prosecution on the gun charges provided he stay out of trouble for two years.

After the plea deal fell apart, prosecutors dismissed the pending tax charges and indicted Biden in Delaware on the gun charges, claiming he lied about his drug use in October 2018 on a form to buy a gun. The dismissed tax charges were resurrected in Thursday's indictment.

Follow @edpettersson
Categories / Courts, Criminal, National, Politics

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.

Loading...