Politics

Hunter Biden pays off $1M tax liability amid ongoing grand jury investigation 

Hunter Biden paid off a tax liability of over $1 million a year after he announced he was under investigation for defrauding the IRS, however it is still possible for him to be charged in the wide-ranging federal probe, a New York Times report said.

Paying off the tax liability does not safeguard him from charges but could lead to a lighter sentence, as courts tend to go easier on those who paid their dues, experts told the Times.

An investigation into Hunter Biden for tax crimes began in 2018, sources told the outlet, and expanded to include potential violations of foreign lobbying and money laundering rules.

In 2019, the feds issued a grand jury subpoena to examine Hunter’s bank transactions with the Bank of China, his uncle and former business partners. A year later, a subpoena was issued seeking documents related to his expenses while he served on the board of a Ukraine energy company during the Obama administration.

Prosecutors are looking into whether Biden intentionally violated the Foreign Agents Registration Act (FARA).

David Weiss, the U.S. attorney for Delaware, is leading the case against Biden. People familiar with the issue told the Times that prosecutors could build a case around FARA as a civil matter. If that occurs, Biden wouldn’t face criminal charges but would have to register as a foreign agent.

In February, Hunter Biden’s love interest Zoe Kestan testified about his extensive spending. Kestan testified about shacking up with Biden at high-priced hotspots including the Four Seasons, Mercer, SIXTY SoHo and Soho Grand hotels in Manhattan and at the Hollywood Roosevelt, NoMad and Jeremy West Hollywood in Los Angeles, the source said.

Kestan testified that Biden directed her to withdraw “thousands of dollars at a time” from ATMs and gave her cash to purchase clothing, meals and other items, but said she had no idea how he obtained the money, the source said.

Biden has denied any accusations of impropriety. He took out a loan in 2021 to settle up his significant tax bill, according to the Times.

ARTICLE: PAUL MURDOCH 

MANAGING EDITOR: CARSON CHOATE

PHOTO CREDITS: PILOT ONLINE

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Paul, 37, is from Scotland in the UK, but currently lives and works in Bangkok. Paul has worked in different industries such as telemarketing, retail, hospitality, farming, insurance, and teaching, where he works now. He teaches at an all-girls High School in Bangkok. “It’s a lot of work, but I love my job.” Paul has an active interest in politics. His reason for writing for FBA is to offer people the facts and allow them to make up their own minds. Whilst he believes opinion columns have their place, it is also important that people can have accurate news with no bias.

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