• 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
Trump to skip federal court hearing Thursday, plead not guilty to charges in Jack Smith’s election case
next post
USDCAD and USDCNH: The USDCAD is taking a step back

related articles

Trump regrets handing Dems health ‘ammunition’ with October...

January 2, 2026

Trump claims White House doctors report him in...

January 2, 2026

President Trump is a generational talent just like...

January 2, 2026

JONATHAN TURLEY: Trump’s Kennedy Center name change will...

January 2, 2026

Here are the key 2026 House and Senate...

January 2, 2026

Trump says US will intervene if Iran starts...

January 2, 2026

Inside Trump’s first-year power plays and the court...

January 1, 2026

China’s global aggression check: Taiwan tensions, military posturing...

January 1, 2026

Black Republican calls for total, permanent abolition of...

January 1, 2026

DOJ outlines 10 ‘wins’ under Trump, says agency...

January 1, 2026
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

  • JONATHAN TURLEY: Biden’s veto of Judges Act makes him a craven partisan, not a Framer

    December 26, 2024
  • Tense confrontation between House speaker, Senate Dems caught on camera over shutdown

    October 8, 2025
  • Iran’s weakened position could lead it to pursue nuclear weapon, Biden national security adviser warns

    December 24, 2024
  • Trump campaign blasts top Harris surrogate Mark Cuban for ‘insulting’ pro-Trump women

    October 31, 2024
  • AMD investors anticipate key updates on new GPU line ahead of Q2 earnings

    July 30, 2024

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

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

    April 2, 2025
  • 3

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

    July 19, 2024
  • 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 (7,267)
  • Investing (750)
  • Stock (964)

Latest Posts

  • 5 biggest FBI scandals during Christopher Wray’s tenure as director

    December 12, 2024
  • Gaetz questions Jack Smith’s authority to keep up Trump probes after judge calls him ‘unlawfully appointed’

    September 9, 2024
  • Dems weaponize Medicaid anxiety in bid to take down Trump-backed federal funding plan

    March 10, 2025

Recent Posts

  • Trump world fires back at Politico over report White House may lift sanctions on Russian assets

    April 25, 2025
  • Small businesses barely survived Biden. They can’t wait for tariffs to fix things

    March 14, 2025
  • Trump scores major win as Senate installs IRS critic to lead the agency

    June 12, 2025

Editor’s Pick

  • Republicans inch closer to ending China’s favored trade status

    November 9, 2024
  • Bed Bath & Beyond relaunches with first store in Nashville, plans dozens more

    August 9, 2025
  • Judge unseals key filing in special counsel’s election case against Trump

    October 2, 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