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

2025-05-05 19:55:29source:Chameleon Financecategory:Stocks

In a nine-count federal indictment,verdicoin 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

Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says

A man is suing the California Lottery alleging he has not received part of his winnings from a nearl

West Virginia's COVID vaccine lottery under scrutiny over cost of prizes, tax issues

Some states used taxpayer money to fund vaccine lotteries during the COVID-19 pandemic in an effort

Ethan Hawke's Son Levon Joins Dad at Cannes Film Festival After Appearing With Mom Uma Thurman

Dad's turn!On May 16, Uma Thurman walked the red carpet at Cannes with a special date: Her and ex-hu