• 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

US Ambassador to Israel Mike Huckabee indicates US...

June 19, 2025

US troops in the Middle East could face...

June 19, 2025

Mystery flights from China to Iran raise questions...

June 19, 2025

Israel’s ‘resounding’ military campaign against Iran could be...

June 19, 2025

Trump to make Iran decision ‘within the next...

June 19, 2025

Two men convicted in Pennsylvania mayoral race election...

June 19, 2025

Flaring Iran nuclear crisis provides first major test...

June 19, 2025

Top Trump ally predicts Senate will blow past...

June 19, 2025

‘Instincts for restraint’: Senate divided over who gets...

June 19, 2025

Trump downplays signs of MAGA unrest over possible...

June 19, 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

  • Trading Chart Patterns: A Comprehensive Guide

    August 30, 2024
  • Tulsi Gabbard’s warning to Senate on Syria proves prophetic as Al Qaeda-linked regime slaughters minorities

    March 8, 2025
  • Burgum grilled on environmental issues targeted by Trump during confirmation hearing: ‘Drill, baby, drill’

    January 16, 2025
  • UK government accused of cracking down on free speech: ‘Think before you post’

    September 14, 2024
  • Experts fear Venezuela’s Maduro could steal Sunday’s election as opposition leads in polls

    July 27, 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

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

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

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

    July 19, 2024
  • 5

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

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,003)
  • Investing (634)
  • Stock (809)

Latest Posts

  • Golden Globes 2025: the big money behind Hollywood’s night of glitz and glamour

    January 6, 2025
  • GameStop, MicroStrategy shares rise after Ryan Cohen posts photo with Michael Saylor

    February 11, 2025
  • Trading Economics: The True Risks and Rewards

    July 15, 2024

Recent Posts

  • Havana Syndrome study halted as review finds some patients were coerced

    September 16, 2024
  • Biden’s senility scandal leads top Republican to demand DOJ probe into ‘representations’ to public

    May 21, 2025
  • DOGE helps State Department eliminate Biden admin’s DEI performance evaluation requirement

    April 8, 2025

Editor’s Pick

  • German ambassador warns Trump will ‘undermine’ democratic principles with ‘maximum disruption’ agenda: report

    January 19, 2025
  • ‘Act of war’: Biden administration under pressure to respond to Iran’s plot to kill Trump

    November 8, 2024
  • USDCAD and USDCNH: USDCAD is on a strong bullish run

    July 30, 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