Turd Fergusen
Veteran Member
Hunter Biden was indicted Thursday on nine charges — including three felonies — in part for allegedly dodging more than $1 million in taxes while living a hard-partying “extravagant” life over a four-year period.
The three felonies leveled against President Biden’s 53-year-old son — who faces a maximum penalty of 17 years in prison if convicted on all counts — include one count tax evasion for his 2018 personal taxes and two counts of filing a false return for his 2018 personal taxes and on a corporate income tax return for his company Owasco, PC.
He has also been hit with six misdemeanor counts of failure to pay and failure to file charges for the 2016, 2017, 2018 and 2019 tax years.
“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 writes in the 56-page indictment out of the Central District of California.
“In furtherance of that scheme,” Weiss notes 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.”
Biden 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 highlights 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 were “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 Uncle Sam.
Full Article:
Hunter Biden faces 17 years in prison after spending millions on lavish, hard-partying lifestyle while dodging taxes: special counsel
The scandal-scarred first son is already facing three felony counts related to false statements he made when purchasing a firearm. Biden has pleaded not guilty to all charges.
