The IRS is considering hitting first son Hunter Biden with felony tax charges for removing nearly $40,000 from his daughter’s college fund and failing to report it as additional income on his 2019 return — while still using much of the unwanted money to pay for cocaine and prostitutes. .
IRS Special Agent Joseph Ziegler told the House Ways and Means Committee that federal tax investigators discovered “approximately $39,820” that Hunter Biden, now 53, pilfered from his high school-aged daughter Maisy’s 529 college savings plan.
The Daily Mail first reported the unintended decision to delete the account.
Weeks earlier, Hunter had avoided family intervention and instead holed up in a hotel to smoke, according to the 2021 memoir “Beautiful Things.”
The IRS is seeking criminal tax charges against first son Hunter Biden for raiding nearly $40,000 from his daughter’s college fund and failing to report it as additional income on his 2019 return. TikTok/Maisy Biden He ended up spending a lot of money paying for crack cocaine and prostitutes.
After draining Maisy’s college savings, she deepened her addiction over the next few months, sending payments to her drug dealers, webcam services and prostitutes in the weeks that followed, emails on her laptop display.
The IRS also found “personal distributions she claimed as business deductions totaled approximately $12,791,” according to Ziegler’s affidavit to a House panel on the five-year federal investigation into the first child’s finances.
But after recommending criminal charges for $52,611 in unreported income, federal prosecutors pursued a misdemeanor tax count for failing to pay $22,860 in taxes on it.
IRS Special Agent Joseph Ziegler said federal tax investigators found “approximately $39,820” that Hunter Biden, now 53, pilfered from his high school daughter Maisy’s 529 college savings plan.
The disclosure was one of many made to a House committee by Ziegler and IRS Supervisory Special Agent Gary Shapley, who both claimed the Justice Department was “slow-walking” their investigation into Hunter Biden and preventing them from taking certain investigative steps – including examining the trail evidence that could lead to his father, President Biden.
IRS investigators found the first son had deducted more than $2.2 million in tax payments from $8.3 million in income he earned from deals in Ukraine, Russia and China, among others.
On Dec. 17, 2018, Hunter received notice that her Wells Fargo bank account had only 44 cents left, and she immediately asked her wealth management team if she could “transfer 20k from Maisy’s 528 account to a personal account,” according to an email found on his abandoned laptop.
After draining her daughter’s college savings, she deepened her addiction over the next few months.
A Wells Fargo manager responded later that same day that they can “sell funds and send checks,” but cannot “move to your account.”
Three days later, the troubled first child responded in a distracted state of mind that the wealth manager should “liquidate” everything, including the 529 fund, because his ex-wife, Kathleen Buhle, was using her access to their post-divorce account to make her own payments.
“Yo start reading the last couple of sentences first. Life you two. BUT READ the end first,” Hunter wrote on Dec. 20. 2018. “Dilute what you can. Send Burisma payment to the account [ending in] 5858. Don’t pay an auto pay or check that I don’t personally authorize. Close all accounts in an orderly manner and I just found out that unfortunately my former “ex” partner of more than 2 years has access to my account and has been directing payments back and forth [sic]. My account to a bill that is not my responsibility.”
IRS whistleblowers claim the Justice Department “slow-walked” their investigation into Hunter Biden and prevented them from taking certain investigative steps — including a trail of evidence that could lead to his father, President Biden.AP
Hunter later admitted in an email on Dec. 28, 2018, to his personal assistant what he had done in draining Maisy’s college funds as she prepared to graduate the following spring from the prestigious Sidwell Friends School in Washington, DC.
“I am fully aware of what Kathleen wants. I’ll deal with the tuition when the time comes,” he told Katie Dodge in a tirade that accused her of “rarely doing it.[ing] anything” to help him pay the bills.
At the time, the invoice included $27,945 in tuition for his oldest daughter, Naomi, at the University of Pennsylvania; $4,244.70 for Maisy’s high school; and a $1,700 payment for his Porsche, among other things.
“All brokerage accounts can then be closed and Maisy’s account should be closed and checks sent to the CA address ASAP,” Hunter wrote, adding: “If you haven’t noticed my business partner Katie is now a prisoner on death row in China,” referring to Ye Jianming, the chairman of Chinese government-backed energy conglomerate CEFC who has been arrested for corruption.
Maisy graduated from the University of Pennsylvania last May with a degree in fine arts. Hunter and Joe Biden were among those present to see him pick up his diploma, along with first lady Jill Biden and first daughter Ashley Biden.
Categories: Trending
Source: thtrangdai.edu.vn/en/
