Trade Masters Chronicle
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
Trade Masters Chronicle
No Result
View All Result

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

by
September 5, 2024
in Latest News
0
Hunter Biden’s criminal tax trial begins with jury selection in California

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
Previous Post

Trump to skip federal court hearing Thursday, plead not guilty to charges in Jack Smith’s election case

Next Post

Stellar and Bitcoin Cash: Stellar encounters new resistance

Next Post
Stellar and Bitcoin Cash: Stellar encounters new resistance

Stellar and Bitcoin Cash: Stellar encounters new resistance

  • Trending
  • Comments
  • Latest
Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

October 24, 2024
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
Gold and silver: the price of gold has resistance at $2360

Gold and silver: the price of gold has resistance at $2360

May 29, 2024
Obama-era officials mum on allegations of ‘manufactured’ intelligence launching Trump-Russia probe

Obama-era officials mum on allegations of ‘manufactured’ intelligence launching Trump-Russia probe

July 21, 2025
Trump appears on White House roof amid talks of historic renovations

Trump appears on White House roof amid talks of historic renovations

0
Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

0
Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

0
Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

0
Trump appears on White House roof amid talks of historic renovations

Trump appears on White House roof amid talks of historic renovations

August 5, 2025
Trump answers question on whether he’ll try to run again

Trump answers question on whether he’ll try to run again

August 5, 2025
Justice Department weighs release of Ghislaine Maxwell interview

Justice Department weighs release of Ghislaine Maxwell interview

August 5, 2025
Netherlands becomes first NATO ally to buy US weapons for Ukraine

Netherlands becomes first NATO ally to buy US weapons for Ukraine

August 5, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    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!

    Recent News

    Trump appears on White House roof amid talks of historic renovations

    Trump appears on White House roof amid talks of historic renovations

    August 5, 2025
    Trump answers question on whether he’ll try to run again

    Trump answers question on whether he’ll try to run again

    August 5, 2025
    Justice Department weighs release of Ghislaine Maxwell interview

    Justice Department weighs release of Ghislaine Maxwell interview

    August 5, 2025
    Netherlands becomes first NATO ally to buy US weapons for Ukraine

    Netherlands becomes first NATO ally to buy US weapons for Ukraine

    August 5, 2025

    Top News

    Trump appears on White House roof amid talks of historic renovations

    Trump appears on White House roof amid talks of historic renovations

    August 5, 2025
    Trump answers question on whether he’ll try to run again

    Trump answers question on whether he’ll try to run again

    August 5, 2025

    Latest News

    • Trump appears on White House roof amid talks of historic renovations
    • Trump answers question on whether he’ll try to run again
    • Justice Department weighs release of Ghislaine Maxwell interview

    About Trade Masters Chronicle

    • About us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.

    No Result
    View All Result
    • Economy
    • Editor’s Pick
    • Investing
    • Latest News

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.