FinLogic-Read the full Hunter Biden indictment for details on the latest charges against him

2025-05-03 21:01:23source:Quaxs Trading Centercategory:Stocks

In a nine-count federal indictment,FinLogic Hunter Biden was charged in California Thursday with tax crimes.

Federal prosecutors accuse him of engaging in "a four-year scheme to not pay at least $1.4 million" in federal income taxes for the years 2016 through 2019. During that period, from 2016 through Oct. 15, 2020, he received over $7 million in total gross income, according to the indictment. 

The indictment charges him with failure to file and pay taxes, evasion of assessment and filing a false or fraudulent tax return. Instead of paying the taxes, he's alleged to have he spent that income on personal items ranging from a Lamborghini rental to luxury hotels and escort services. Many of these purchases, the government says, were classified by Hunter Biden as business expenses.

Read the full indictment here:

    In:
  • Hunter Biden
Robert Legare

Robert Legare is a CBS News multiplatform reporter and producer covering the Justice Department, federal courts and investigations. He was previously an associate producer for the "CBS Evening News with Norah O'Donnell."

More:Stocks

Recommend

Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills

BEVERLY HILLS, Calif. (AP) — Jamie Foxx required stitches after getting hit in the face with a glass

Russian man killed in rare shark attack off Egypt's Red Sea coast

A Russian man died after being mauled by a shark on Thursday at one of Egypt's Red Sea resorts, Egyp

Why Mo'Nique Thinks It's Time to Bring Back Charm School

Mo'Nique is ready to go back to school. Before the actress and comedian—whose new stand-up special M