• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Hunter Biden’s criminal tax trial begins with jury selection in California

by September 5, 2024
written by September 5, 2024

Jury selection in Hunter Biden’s criminal tax trial stemming from special counsel David Weiss’ yearslong investigation into the first son begins Thursday in California. 

United States District Court for the Central District of California Judge Mark Scarsi is presiding over the trial. 

Biden’s tax trial was set to begin in June, but his attorneys requested it be delayed to September, and Scarsi approved that request.

Weiss charged Hunter Biden with three felonies and six misdemeanors concerning $1.4 million in owed taxes that have since been paid. Weiss alleged a ‘four-year scheme’ when the president’s son did not pay his federal income taxes while also filing false tax reports. 

Biden pleaded not guilty. 

In the indictment, Weiss alleged that Biden ‘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, from in or about January 2017 through in or about October 15, 2020, and to evade the assessment of taxes for tax year 2018 when he filed false returns in or about February 2020.’

Weiss said that, in ‘furtherance of that scheme,’ Biden ‘subverted the payroll and tax withholding process of his own company, Owasco, PC by withdrawing millions’ from the company ‘outside of the payroll and tax withholding process that it was designed to perform.’

The special counsel alleged that Biden ‘spent millions of dollars on an extravagant lifestyle rather than paying his tax bills,’ and that in 2018, he ‘stopped paying his outstanding and overdue taxes for tax year 2015.’

Weiss alleged that Biden ‘willfully failed to pay his 2016, 2017, 2018, and 2019 taxes on time, despite having access to funds to pay some or all of these taxes,’ and that he ‘willfully failed to file his 2017 and 2018 tax returns on time.’

This is the second time Biden is on trial this year stemming from charges out of Weiss’ investigation. 

Biden was found guilty on all counts in Delaware after Weiss charged him with making a false statement during the purchase of a firearm; making a false statement related to information required to be kept by a licensed firearm dealer; and one count of possession of a firearm by a person who is an unlawful user of or addicted to a controlled substance. 

A date has not yet been set for sentencing for those charges. With all counts combined, the total maximum prison time for the charges could be up to 25 years. Each count carries a maximum fine of $250,000 and three years of supervised release. 

President Biden has vowed not to pardon his son. 

Jury selection in California is expected to take place Thursday and Friday. Weiss and Biden’s defense attorneys are expected to deliver their opening arguments the following Monday.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Dogecoin and Shiba Inu: Doge is in a sideways consolidation
next post
USDCAD and USDCNH: The USDCAD is taking a step back

related articles

Justice Barrett opens up about ‘awkward’ start on...

September 5, 2025

DAVID MARCUS: RFK Jr is right, nobody knows...

September 5, 2025

Trump trashes Nadler on heels of Dem’s House...

September 5, 2025

DOJ task force finds ‘numerous instances’ of anti-Christian...

September 5, 2025

House Republicans split with Trump team over ‘very...

September 5, 2025

‘Delusional’: Oversight Republicans slam ex-Biden aide for lashing...

September 5, 2025

Venezuelan military jets buzz US Navy ship in...

September 5, 2025

Trump’s midterm convention is the seismic shift that...

September 5, 2025

Republican doctors clash with RFK Jr over vaccines...

September 5, 2025

Trump admin urges Supreme Court to allow president...

September 5, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • How Trump, or Kamala, could win, as all sides zero in on the debate

    September 5, 2024
  • Russell 2000 Futures Rapidly Draw to July’s Peak

    July 15, 2024
  • SCOTUS to hear straight woman’s discrimination case that could reshape employment law

    February 26, 2025
  • Elon Musk protests to target lawmakers, Tesla dealerships as progressives decry ‘extremist cuts’

    February 18, 2025
  • NASA shutters DEI office as Trump admin downsizes federal agencies

    March 10, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,925)
  • Investing (634)
  • Stock (922)

Latest Posts

  • Trump names latest White House staff picks as Jan. 20 inauguration approaches

    January 5, 2025
  • GOP senators rally behind Hegseth after Signal chat leak, say calls for his firing are ‘hot garbage’

    March 27, 2025
  • How Trump could spare Biden’s renewable energy credits and still cripple his landmark climate bill

    December 20, 2024

Recent Posts

  • BNB Chain faces $1.64 billion in losses from hacks and rug pulls, report reveals

    July 11, 2024
  • Trump admin to send workers abroad to boost US shipbuilding, counter China’s edge

    September 4, 2025
  • UBS downgrades Tesla stock to Sell with $197 price target: Time to exit?

    July 12, 2024

Editor’s Pick

  • Gaza Humanitarian Foundation: What to know about the US-backed aid group

    July 29, 2025
  • Bondi says Epstein client list ‘sitting on my desk right now,’ and is reviewing JFK, MLK files

    February 21, 2025
  • How birria took over restaurant menus across the country

    September 26, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock