Hunter Biden Charged With Evading Taxes on Millions From Foreign Firms

THE NEW YORK TIMES: The Justice Department charged President Biden’s son after a long-running and wide-ranging investigation with substantial political repercussions.

Hunter Biden, the son of President Biden, had already been charged with three federal weapons felonies in September. | Kenny Holston/The New York Times
A federal grand jury charged Hunter Biden on Thursday with a scheme to evade federal taxes on millions in income from foreign businesses, the second indictment against him this year and a major new development in a case Republicans have made the cornerstone of a possible impeachment of President Biden.

Mr. Biden, the president’s son, faces three counts each of evasion of a tax assessment, failure to file and pay taxes, and filing a false or fraudulent tax return, according to the 56-page indictment — a withering play-by-play of personal indulgence with potentially enormous political costs for his father.

The charges, filed in California, came five months after he appeared to be on the verge of a plea deal that would have avoided jail time and potentially granted him broad immunity from future prosecution stemming from his business dealings. But the agreement collapsed, and in September, he was indicted in Delaware on three charges stemming from his illegal purchase of a handgun in 2018, a period when he used drugs heavily and was prohibited from owning a firearm.

The tax charges have always been the more serious element of the inquiry by the special counsel, David C. Weiss, who began investigating the president’s son five years ago as the Trump-appointed U.S. attorney for Delaware. Mr. Weiss was retained when President Biden took office in 2021. » | Glenn Thrush and Michael S. Schmidt | Reporting from Washington | Thursday, Dece,ber 7, 2023


Is every sod at the top corrupt? Isn't there even one honest broker amonst the SOBs? All American politicians invoke God. They can't get by without mentioning Gods name. The bloody hypocrites. For Christ's sake, leave God out of the equation and start behaving honestly and responsibly. The bloody lot of you are a disgrace. – © Mark Alexander

NYT Exposé: “Self-Made Billionaire” Donald Trump Built Empire on Father’s Money, Tax Dodging & Fraud

President Donald Trump built his personal brand and presidential candidacy on the claim that he was a self-made billionaire whose only head start was a “small loan of a million dollars” from his father. But a New York Times exposé has revealed that Trump inherited much of his family’s wealth through tax dodging and outright fraud, receiving at least $413 million in inflation-adjusted dollars from his father’s real estate empire. We speak with David Barstow, three-time Pulitzer Prize-winning investigative reporter for the New York Times and the lead author on the new investigation, “Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father.” Barstow shares a byline with Susanne Craig and Russ Buettner.

Bombshell: Trump Being Investigated for Tax Evasion and Fraud

Dolce and Gabbana Sentenced to Jail for Tax Evasion
BBC: Italian fashion designers Domenico Dolce and Stefano Gabbana have been sentenced to jail in Italy for one year and eight months for tax evasion.

The pair were not at the trial and deny the charges.

They are accused of hiding millions of euros from Italian tax authorities.

Dolce and Gabbana have not yet given a public comment on the sentence and are likely to appeal the verdict. They are said to be unlikely to go to jail any time soon.

Their customers have included Madonna, Kylie Minogue, Kate Moss and Bryan Ferry. » | Wednesday, June 19, 2013

Inside Story: What Is the State of Corruption in Greece?
As a Greek journalist stands trial for violating data privacy laws, we ask how it may affect the country's next bailout. (November 02, 2012)

Greek Journalist Acquitted in Swiss Accounts Scandal

REUTERS.COM: (Reuters) - A Greek journalist who published the names of more than 2,000 of his compatriots who held Swiss bank accounts was acquitted on Thursday in a case that touched a nerve over the role of tax evasion in the country's debt crisis.

The trial of Costas Vaxevanis, editor of the weekly Hot Doc magazine, had aroused international concern and intense interest among Greeks hit by the impact of the country's economic collapse and angry at the privileges of the elite.

He could have faced up to two year years in prison on charges of violating data privacy laws that Vaxevanis said were politically motivated and the result of politicians protecting an "untouchable" wealthy class.

His speedy arrest and trial following publication of the "Lagarde List" at the weekend - so named for Christine Lagarde, the head of the International Monetary Fund - touched a nerve in near-bankrupt Greece, where rampant tax evasion is undermining a struggle to cut public costs and raise revenue under an EU/IMF bailout deal.

It also enraged many who are already furious over the failure of consecutive governments to crack down on the rich while years of recession have wiped out a fifth of economic output and hammered middle-class living standards. » | Renee Maltezou | ATHENS | Writing by Michael Winfrey, Editing by Michael Roddy | Thursday, November 01, 2012

Greek Journalist Arrested Over Exposing Politicians' Alleged Tax Evasion
Greek police have arrested one of the country's top journalists, after his publication Hot Doc released the so-called 'Lagarde list,' containing the names of some 2,000 Greeks with funds hidden in Swiss bank accounts.

The police arrested Kostas Vaxevanis, the owner and editor of Hot Doc, during a live radio interview on Sunday. "They're entering my house with the prosecutor right now. They are arresting me. Spread the word," Vaxevanis tweeted.

Greece Arrests Editor for 'Lagarde List' Leak
Greek police arrested the editor of a weekly magazine for publishing a list of more than 2,000 names of wealthy Greeks who have placed money in Swiss bank accounts, police said. The so-called "Lagarde List", which led to the arrest of editor Costas Vaxevanis on Sunday, was given to Greece by French authorities in 2010 with names to be probed for possible tax evasion - has been a topic of heated speculation in the Greek media. It is named after International Monetary Fund chief Christine Lagarde, who was French finance minister when the list was handed over. Al Jazeera's John Psaropoulos reports.

Related »

Greek Magazine Editor in Court for Naming Alleged Tax Evaders

THE GUARDIAN: Kostas Vaxevanis at centre of political storm after publishing names of wealthy Greeks alleged to have Swiss bank accounts

A magazine editor in Greece will appear in court after publishing the names of more than 2,000 wealthy Greeks alleged to have Swiss bank accounts, triggering a row over tax evasion that threatens the stability of the government.

Kostas Vaxevanis was arrested on Sunday, after his weekly journal, Hot Doc, printed the list of names, which including prominent members of Greece's political and business elite.

The editor was giving a live radio interview when police arrived, and broke off saying he had to go "to be arrested". At the same [time] he tweeted about the arrest, comparing the police to German stormtroopers in the second world war. In another tweet he wrote: "They're entering my house with the prosecutor right now. They are arresting me. Spread the word."

Police officials said that Vaxevanis had illegally published personal details without proof that the people involved had broken the law. But he and other critics of the government have portrayed his arrest as part of a cover-up intended to obscure claims that the finance ministry had had the list for more than two years without taking action against those named. » | Julian Borger | Sunday, October 28, 2012