Tag: Tax Fraud

Hunter Biden’s Taxes and the Law
Business

Hunter Biden’s Taxes and the Law

The U.S. legal system is premised on equal justice under the law, and that’s the lens through which to view the latest indictment against Hunter Biden. The President’s son faces legal peril from his own conduct, not because of his last name.Special Counsel David Weiss on Thursday indicted Hunter in California on nine charges for evading $1.4 million in federal taxes from 2016 through 2019. They include three felony and six misdemeanor charges related to tax evasion, failure to file and pay taxes, and filing false or fraudulent returns. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Hunter Biden Indictment Alleges Post-Addiction Fraud
World

Hunter Biden Indictment Alleges Post-Addiction Fraud

WASHINGTON—In early 2020, while his father was on the cusp of a political turnaround that would propel him to the Democratic presidential nomination, Hunter Biden went to his accountants to clean up a lingering personal issue: his failure to have filed taxes for 2017 and 2018.By his own account, the younger Biden had been sober since June 2019. But during that attempt to resolve his tax mess, he created a far more serious one for himself, according to federal prosecutors, who charged him Thursday with nine tax offenses, including three felonies.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Hunter Biden Indicted on Tax Charges
World

Hunter Biden Indicted on Tax Charges

Updated Dec. 7, 2023 8:38 pm ETHunter Biden has been charged with nine tax-related charges, according to an indictment filed Thursday, in a case that adds a new layer of legal peril for President Biden’s son as he faces continued congressional scrutiny and a separate prosecution on felony gun charges.The indictment from a grand jury seated in Los Angeles sets up another case with the potential for a trial coinciding with the president’s re-election campaign. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Shakira reaches deal with Spanish prosecutors on first day of tax fraud trial to avoid risk of going to prison
Money

Shakira reaches deal with Spanish prosecutors on first day of tax fraud trial to avoid risk of going to prison

After having maintained her innocence for nearly five years, pop star Shakira struck a last-minute deal on the opening day of her tax fraud trial in Barcelona to avoid the risk of going to prison.Shakira told the presiding magistrate, José Manuel del Amo, on Monday that she accepted the agreement reached with prosecutors. She answered "yes" to confirm her acknowledgement of six counts of failing to pay the Spanish government 14.5 million euros (about $15.8 million) in taxes between 2012 and 2014.Under the deal, Shakira is to receive a suspended three-year sentence and pay a fine of 7.3 million euros ($8 million). She will pay another fine of 432,000 euros ($472,000) in exchange for her sentence waived. However, she now has it on her legal record that she was found guilty of tax fraud, whi...
Behind the Hunter Biden Investigation: Mistrust, Mutual Suspicion, Delays
World

Behind the Hunter Biden Investigation: Mistrust, Mutual Suspicion, Delays

Updated Nov. 7, 2023 11:13 am ETThe yearslong criminal investigation into Hunter Biden has aired a lot of dirty laundry about the president’s son’s attempts at foreign business and his descent into drug addiction. A parallel congressional probe is now airing a lot of dirty laundry about the government officials investigating him.The younger Biden was indicted in September on three felony gun charges and pleaded not guilty last month in Delaware federal court. In the lead-up to that indictment and in recent weeks, House Republicans have collected internal government records and interviewed prosecutors and federal agents, after two Internal Revenue Service agents alleged Justice Department officials had interfered in the probe.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserve...