Hunter Biden to be arraigned on tax charges in Los Angeles
CBSN
Hunter Biden will be arraigned Thursday afternoon in California on nine federal tax charges, after prosecutors alleged President Biden's son engaged in a "four-year scheme" to avoid paying at least $1.4 million in federal taxes.
In December, federal prosecutors charged Hunter Biden with nine counts of tax crimes, including three felony and six misdemeanor charges related to his alleged failure to file and pay taxes, evasion of assessment and filing a false or fraudulent tax return. If convicted, Hunter Biden faces up to 17 years in prison.
In the 56-page indictment, prosecutors alleged Hunter Biden earned more than $7 million in gross income when he failed to pay taxes. They said he funded an "extravagant lifestyle" and evaded taxes by classifying some personal expenditures — such as luxury hotel stays, luxury vehicle rentals and escort services — as business deductions.
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