Friday, December 1, 2023

Hunter Biden’s Alleged Tax Crimes Tied to Daughter’s College Fund

'Liquidate what you can...'

(Luis CornelioHeadline USA) IRS criminal investigators contemplated filing felony tax charges against Hunter Biden, the son of President Joe Biden, following revelations that he withdrew $40,000 from his daughter’s college fund and failed to report it as income.  

The funds, originally intended to support Maisy Biden’s college education, were reportedly squandered on crack cocaine and prostitutes, according to an article by the Daily Mail on Oct. 6.

These startling details emerged during the testimony of IRS whistleblower Joseph Ziegler, a former special agent, before the Republican-led House Ways and Means Committee. 

Ziegler stated, “At the time of our prosecution referral, we had originally recommended felony tax charges for RHB [Robert Hunter Biden] for the 2019 tax year.” These returns, he alleged, included tax evasion and false returns. 

“RHB had failed to report the income related to a distribution he had taken from one his children’s 529 Plan in 2019, additional income of approximately $39,820,” Ziegler continued. 

The Mail reported that Hunter’s decision to withdraw the money occurred after his private bankers at Wells Fargo warned him that he had only 44 cents in his accounts. In response to this dire financial situation, Hunter reportedly instructed the bankers to “Liquidate what you can.”

According to the Mail, at the time of this withdrawal, Maisy was a high school senior. Reports suggest that she, along with her two older sisters and her parents, attempted to stage an intervention for Hunter at the president’s Delaware home just weeks earlier to convince him to return to rehab. 

Hunter corroborated these reports in his 2021 memoir, in which he admitted to promising to attend rebab but instead chose to smoke crack in a hotel and hook up with prostittues.

Despite these allegations, Hunter has not faced any charges related to tax evasion. However, Special Counsel David Weiss, who is leading the investigation into Hunter, has recently charged him with an alleged illegal gun purchase.  

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