• 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

Board votes Kennedy Center to be renamed ‘Trump-Kennedy...

December 18, 2025

Second lady Usha Vance secures provision to limit...

December 18, 2025

Zelenskyy calls for US to respond to ‘signals’...

December 18, 2025

DOJ faces Friday deadline to release Epstein files...

December 18, 2025

HHS unleashes sweeping crackdown on child ‘sex-rejecting procedures,’...

December 18, 2025

Texas Republicans launch ‘Sharia Free America Caucus’ aimed...

December 18, 2025

Dan Bongino replies to Kash Patel’s praise following...

December 18, 2025

Dan Bongino replies to Kash Patel’s praise following...

December 18, 2025

House approves MTG-sponsored bill to criminalize gender transition...

December 18, 2025

Senate GOP moves 97 Trump nominees closer to...

December 18, 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

  • Frustration at Elon Musk spills over after closed-door House GOP meeting: ‘Fed to the wolves’

    February 25, 2025
  • USDCHF and USDJPY: USDCHF slows this week’s gains

    August 9, 2024
  • Robinhood app says SEC dismissed crypto investigation in sign of easier industry regulation

    February 24, 2025
  • Trump pick for Joint Chiefs chair tells Senate ‘element of surprise’ should be guarded amid Signal chat leak

    April 1, 2025
  • Gold and Silver: Gold continues to hold above $2400 level

    July 22, 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 (7,125)
  • Investing (705)
  • Stock (963)

Latest Posts

  • Mike Johnson speaks out after Senate breakthrough on government shutdown

    November 10, 2025
  • Trump can rein in Biden’s out-of-control antitrust operation

    February 19, 2025
  • Trump kicks off whirlwind week marking his 100th day back in the Oval Office

    April 27, 2025

Recent Posts

  • Trump says he’ll speak with Putin in call to push for truce in Ukraine

    March 18, 2025
  • AI is reshaping business. This is how we stay ahead of China

    December 24, 2024
  • Special counsel Jack Smith resigns after 2-year stint at Department of Justice

    January 12, 2025

Editor’s Pick

  • New Hur interview tapes detailing Mongolia trip shed light on Hur’s ‘sympathetic’ characterization of Biden

    May 17, 2025
  • Chuck E. Cheese makes a comeback, with trampolines and a subscription program

    January 12, 2025
  • Rosie O’Donnell flees US after Trump win, won’t return until it’s ’safe for all citizens to have equal rights’

    March 12, 2025
  • 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