How first son spent $200,000 on prostitutes, $118,000 on adult entertainment – and only $500 on mortgage payments as his spending is revealed amid new tax evasion charges
Hunter Biden's 'wild' spending has been revealed after a new nine-criminal indictment was filed against the president's son on Thursday.
The Justice Department has alleged that despite receiving millions in personal income and financial support from a friend, Hunter Biden “spent this money on drugs, escorts and girlfriends, luxury hotels and rental properties, exotic cars, clothing and other items belonging to personal nature. , in short, everything except his taxes.'
Prosecutors allege the first son spent nearly $5 million between 2016 and 2019.
This breakdown includes $683,000 on âdiverse womenâ and nearly $400,000 on âclothing and accessories.â
It is also alleged that he spent $188,000 on “adult entertainment” during that period.
Hunter Biden's 'wild' spending has been revealed in a new indictment on nine criminal charges
The DOJ claims Hunter Biden spent thousands of dollars maintaining a lavish lifestyle, including on cars like his Porsche (pictured) instead of paying his taxes
The indictment alleges he spent $188,000 on âadult entertainmentâ over four years
In 2018 alone, Hunter reportedly spent $100,000 on âadult entertainment,â but only $500 on mortgage payments.
Some payments are detailed in excruciating detail, including $11,500 for an escort who spent just two nights with him in 2018.
Hunter made $3,947 in payments to M Street Management, a strip club in Washington, DC, in January 2018.
He also allegedly used the business line of credit to make $27,316 in payments to an online pornography website, “which in total accounted for one-fifth of all business credit disbursements.”
The president's son also made one-time payments, such as a $1,500 Venmo payment on August 14, 2018, to an exotic dancer at a strip club, which he tried to pass off to his accounts as the purchase of “works of art.”
Over four years, he spent $237,000 on healthcare, beauty and pharmacy services, of which more than $110,000 was wasted in one year.
The indictment also revealed how Hunter spent thousands of dollars on luxury hotels, flights and car rentals.
In April 2018, $2,996 was spent on Virgin America flights to Los Angeles, and upon arrival in California, he spent $1,727 renting a Lamborghini.
Between 2016 and 2020, Hunter reportedly spent more than $683,000 on “diverse women” and nearly $400,000 on “clothing and accessories.”
The Justice Department filed new criminal charges against Hunter Biden in California on Thursday
The scandal-affected first son (left) is already facing a weapons charge in Delaware
Over the next two months, Hunter spent a whopping $43,693 staying at the Chateau Marmont Hotel in LA.
He also paid $7,215 for Airbnb rentals in LA for his then-girlfriend in May and June 2018.
All nine charges, filed Thursday in California, involve taxes.
These include two charges of filing a false tax return, one charge of tax evasion, four charges of non-payment and another two charges of failing to file a tax return.
âDefendant engaged in a four-year scheme to avoid paying at least $1.4 million in self-assessed federal taxes he owed for tax years 2016 through 2019,â it reads.
These latest charges come as Biden's son already faces three felony charges, carrying a maximum prison sentence of 25 years and a $250,000 fine.
The first charge is for lying on a 2018 gun purchase form that he was not an illegal drug user and carries a top sentence of 10 years. The second charge involves lying to the gun shop, which could get him up to five years in prison. The third involves possessing the firearm while addicted, which could get him another 10 years in prison.
The latest indictment alleges that Hunter attempted âto avoid paying the tax bill for the 2018 tax year when he filed false returns in or around February 2020.â
Hunter Biden â seen above with his wife Melissa Cohen â offered to testify publicly before Congress in December
Melissa Cohen and Hunter Biden with President Joe Biden and first lady Jill Biden in Nantucket during the Thanksgiving holiday
In addition to failing to file and pay his taxes, he is also accused of including “false business deductions” on his 2018 returns to reduce his tax bill.
âDefendant engaged in a four-year scheme to avoid paying at least $1.4 million in self-assessed federal taxes he owed for tax years 2016 through 2019,â it reads.
These latest charges come as Biden's son already faces three felony charges, carrying a maximum prison sentence of 25 years and a $250,000 fine.
The first charge is for lying on a 2018 gun purchase form that he was not an illegal drug user and carries a top sentence of 10 years. The second charge involves lying to the gun shop, which could get him up to five years in prison. The third involves possessing the firearm while addicted, which could get him another 10 years in prison.
The latest indictment alleges that Hunter attempted âto avoid paying the tax bill for the 2018 tax year when he filed false returns in or around February 2020.â
In addition to failing to file and pay his taxes, he is also accused of including “false business deductions” on his 2018 returns to reduce his tax bill.