Hunter Biden hit with federal charges for evading tax

The indictment says Hunter Biden ‘earned handsomely’ while serving on the boards of Burisma, a Ukrainian industrial conglomerate, and a Chinese private equity fund but failed to pay his taxes. (AFP)
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Updated 08 December 2023
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Hunter Biden hit with federal charges for evading tax

  • Presidential son faces up to 17 years in prison if convicted
  • US justice department says its investigation into Biden is ongoing

LOS ANGELES: The Department of Justice on Thursday filed new criminal charges against US President Joe Biden’s son, Hunter, accusing him of failing to pay $1.4 million in taxes while spending millions of dollars on a lavish lifestyle.
Hunter Biden, 53, was hit with three felony and six misdemeanor tax offenses, according to an indictment filed in US District Court, Central District of California.
He faces up to 17 years in prison if convicted. The Justice Department said its investigation into Biden is ongoing.
“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,” the indictment read.
It added that he had instead spent huge sums “on drugs, escorts and girlfriends, luxury hotels and rental properties, exotic cars, clothing, and other items of a personal nature” including over $70,000 on drug rehabilitation.
A lawyer for Hunter Biden did not immediately reply to a request for comment. The White House declined to comment.
It was not clear when Hunter Biden would appear in court.
The indictment says Hunter Biden “earned handsomely” while serving on the boards of Burisma, a Ukrainian industrial conglomerate, and a Chinese private equity fund.
Prosecutors said that between 2016 and October 2020, he received more than $7 million in total gross income.
That included nearly $2.3 million from his position on the board of directors of Burisma between 2016 and 2019, the filing says.
Hunter Biden’s affiliation with Burisma has been the focus of years of attacks from Republican lawmakers who have accused him of leveraging his family name to make money overseas.
“The Defendant had a legal obligation to pay taxes on all his income, including income earned in Ukraine from his service on Burisma’s Board, fees generated by deal-making with the Chinese private equity fund, as well as income derived from his work as a lawyer and other sources,” the indictment said.
Adding to Hunter Biden’s income was work for CEFC China Energy Co. Ltd, a Chinese energy conglomerate.
As Hunter Biden’s income increased, so did his spending, according to the filing.
In 2018 alone, the indictment read, Hunter Biden “spent more than $1.8 million, including approximately $772,000 in cash withdrawals, approximately $383,000 in payments to women, approximately $151,000 in clothing and accessories.”
The indictment added: “The Defendant did not use any of these funds to pay his taxes in 2018.”
Hunter Biden in October pleaded not guilty to charges in Delaware that he lied about his drug use while buying a handgun, in the first criminal prosecution of a sitting US president’s child.
US Special Counsel David Weiss, who is leading the probe into Hunter Biden, was appointed Delaware US attorney by former President Donald Trump. He was made special counsel by Attorney General Merrick Garland in August.
He brought charges in Delaware against Hunter Biden after the unraveling of an earlier proposed plea deal that had called for him to plead guilty to two misdemeanor tax charges for failing to pay taxes in 2017 and 2018, an agreement which likely would have allowed him to avoid prison.
US District Judge Maryellen Noreika rejected the proposed plea deal in July, raising concerns over its legality and the scope of immunity it offered.
Trump, the leading contender to be the Republican Party’s nominee in next year’s presidential election, said the plea deal amounted to favorable treatment for the president’s son.


China’s top diplomat to visit Somalia on Africa tour

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China’s top diplomat to visit Somalia on Africa tour

  • Stop in Mogadishu provides diplomatic boost after Israel became the first country to formally recognize breakaway Somaliland
  • Tour focusses on Beijing's strategic trade ​access across eastern and southern Africa
BEIJING: China’s top diplomat began his annual New Year tour of Africa on Wednesday, focusing on strategic trade ​access across eastern and southern Africa as Beijing seeks to secure key shipping routes and resource supply lines.
Foreign Minister Wang Yi will travel to Ethiopia, Africa’s fastest-growing large economy; Somalia, a Horn of Africa state offering access to key global shipping lanes; Tanzania, a logistics hub linking minerals-rich central Africa to the Indian Ocean; and Lesotho, a small southern African economy squeezed by US trade measures. His trip this year runs until January 12.
Beijing aims to highlight countries it views as model partners of President Xi Jinping’s flagship “Belt and Road” infrastructure program and to expand export markets, particularly in young, increasingly ‌affluent economies such ‌as Ethiopia, where the IMF forecasts growth of 7.2 percent this year.
China, ‌the ⁠world’s ​largest bilateral ‌lender, faces growing competition from the European Union to finance African infrastructure, as countries hit by pandemic-era debt strains now seek investment over loans.
“The real litmus test for 2026 isn’t just the arrival of Chinese investment, but the ‘Africanization’ of that investment. As Wang Yi visits hubs like Ethiopia and Tanzania, the conversation must move beyond just building roads to building factories,” said Judith Mwai, policy analyst at Development Reimagined, an Africa-focussed consultancy.
“For African leaders, this tour is an opportunity to demand that China’s ‘small yet beautiful’ projects specifically target our industrial gaps, ⁠turning African raw materials into finished products on African soil, rather than just facilitating their exit,” she added.
On his start-of-year trip in 2025, ‌Wang visited Namibia, the Republic of Congo, Chad and Nigeria.
His visit ‍to Somalia will be the first by a Chinese foreign minister since the 1980s and is ‍expected to provide Mogadishu with a diplomatic boost after Israel became the first country to formally recognize the breakaway Republic of Somaliland, a northern region that declared itself independent in 1991.
Beijing, which reiterated its support for Somalia after the Israeli announcement in December, is keen to reinforce its influence around the Gulf of Aden, the entrance ​to the Red Sea and a vital corridor for Chinese trade transiting the Suez Canal to Europe.
Further south, Tanzania is central to Beijing’s plan to secure access to Africa’s ⁠vast copper deposits. Chinese firms are refurbishing the Tazara Railway that runs through the country into Zambia. Li Qiang made a landmark trip to Zambia in November, the first visit by a Chinese premier in 28 years.
The railway is widely seen as a counterweight to the US and European Union-backed Lobito Corridor, which connects Zambia to Atlantic ports via Angola and the Democratic Republic of the Congo.
By visiting the southern African kingdom of Lesotho, Wang aims to highlight Beijing’s push to position itself as a champion of free trade. Last year, China offered tariff-free market access to its $19 trillion economy for the world’s poorest nations, fulfilling a pledge by Chinese President Xi Jinping at the 2024 China-Africa Cooperation summit in Beijing.
Lesotho, one of the world’s poorest nations with a gross domestic product of just over $2 billion, ‌was among the countries hardest hit by US President Donald Trump’s sweeping tariffs last year, facing duties of up to 50 percent on its exports to the United States.