• 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

NEWT GINGRICH: Republicans get second chance to finally...

November 28, 2025

How the White House turkey pardon became an...

November 27, 2025

Trump blocks South Africa from 2026 G20 summit...

November 26, 2025

Judge dismisses 2020 election interference case against Trump,...

November 26, 2025

Appeals court upholds $1 million penalty against Trump...

November 26, 2025

Politician named Adolf Hitler becomes focal point of...

November 26, 2025

Trump touts ‘progress’ on Ukraine-Russia deal, admits it’s...

November 26, 2025

US envoy gave Russian aide tips on how...

November 26, 2025

FBI nabs Florida man with alleged plan to...

November 26, 2025

Republicans try to quash concerns of more exits...

November 25, 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

  • Rand Paul recoils at Trump’s Gaza takeover plans: ‘I thought we voted for America First’

    February 5, 2025
  • Trump says DOGE ‘monster’ may have to ‘eat Elon’ as Musk vows primary ads for lawmakers who cross him on BBB

    July 1, 2025
  • STLA Stock: Price Forecast and 12-Month Price Target

    August 14, 2024
  • Apecoin and Akita Inu: Akita Inu is increasingly stable

    September 4, 2024
  • New Republican leader Lisa McClain talks messaging ‘playbook’ in the Trump era

    January 23, 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

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

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

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,905)
  • Investing (634)
  • Stock (956)

Latest Posts

  • Trump to sign executive order instructing agencies to hunt down regulations that violate Constitution

    February 20, 2025
  • Mar-a-Lago trumps White House as president-elect overshadows Biden on world stage

    December 3, 2024
  • Arkansas Gov Sarah Sanders will not join the Trump administration

    November 13, 2024

Recent Posts

  • GOP senators ‘very impressed’ with Musk, Ramaswamy DOGE framework amid meetings on Capitol Hill

    December 5, 2024
  • Trump can delete Elizabeth Warren’s failed experiment once and for all

    February 5, 2025
  • State Department to axe 1,800 employees

    July 11, 2025

Editor’s Pick

  • Intel rival SkyWater pitches itself as all-American firm as Trump mulls more equity deals

    August 26, 2025
  • Trump expected to visit Capitol Hill on Wednesday, Mike Johnson says

    November 12, 2024
  • Experts warn AI could generate ‘major epidemics or even pandemics’ — but how soon?

    August 28, 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