BELOW SUPERNAV drop zone ⇩

Report: Prosecutors eyeing Hunter Biden’s foreign income

MAIN AREA TOP drop zone ⇩

(The Hill) – A federal tax investigation into President Joe Biden’s son Hunter Biden is ramping up as prosecutors gather more information about his financial dealings abroad, according to a report by The Wall Street Journal.

Prosecutors from the U.S. attorney’s office in Delaware sought more information related to the income Biden received from Ukrainian natural gas company Burisma Holdings Ltd., a source told The Wall Street Journal. They also questioned one of his associates about his drug and alcohol abuse, spending habits and mental state in 2018. 

An investigation into Biden for tax crimes began in 2018 and expanded to include potential violations of foreign lobbying and money laundering rules. His work in Ukraine contributed to former President Donald Trump’s first impeachment. From 2014 to 2019, Hunter Biden served on Burisma’s board and was paid about $50,000 a month. That prompted Trump to urge Ukrainian President Volodymr Zelenskyy to open an investigation into Biden’s father, who was Trump’s electoral opponent at that time.

Prosecutors are also reportedly investigating Hunter Biden’s business relationships in other countries, including China and Kazakhstan. 

Hunter Biden said earlier this month that he paid off more than $1 million in tax liability with a loan, according to The New York Times. However, that doesn’t safeguard him from charges. 

The Journal reported that it did not know how close to complete the investigation was.

Politics

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Sunny

la

61°F Sunny Feels like 61°
Wind
3 mph S
Humidity
73%
Sunrise
Sunset

Tonight

Cloudy skies during the evening with areas of fog developing after midnight. Low 51F. Winds light and variable.
51°F Cloudy skies during the evening with areas of fog developing after midnight. Low 51F. Winds light and variable.
Wind
2 mph ENE
Precip
14%
Sunset
Moon Phase
Waning Crescent