Hunter Biden, 52, could face charges related to possible tax violations or, more seriously, foreign lobbying violations, Fox News and CNN reported.
The potential charges stem from an investigation into Hunter Biden’s finances and business deals being conducted by U.S. Attorney David Weiss of Delaware, a prosecutor appointed by former President Donald Trump.
Weiss and the Justice Department have reached a point in the investigation where they are considering charging President Biden’s son with various tax and/or foreign lobbying violations, media sources said.
They are also looking into a possible perjury charge related to Hunter Biden’s gun purchase.
Officials said the investigation into Hunter Biden has reached a “critical stage.” Biden could face charges related to tax violations or foreign lobbying violations.
However, no final decision has been made as the investigation, which began in 2018, is ongoing.
Hunter Biden recently cut the IRS a check for about $2 million in acknowledgment of unpaid tax bills.
His business endeavors have led him to work with Chinese and Russian businessmen, and several of his overseas transactions have been labeled “suspicious” by financial institutions.
Filings known as Suspicious Activity Reports do not signal criminality. However, a SAR may well be part of a money laundering or tax investigation.
Weeks after the 2020 presidential election, Hunter Biden acknowledged there was an ongoing federal investigation into his tax affairs in a statement
“I take this matter very seriously, but I am confident that a professional and objective review of these matters will show that I handled my affairs legally and appropriately, including with the benefit of professional tax advisors,” Biden said in the December 2020 statement.
White House critics have argued that President Joe Biden may have known about or been involved in his son’s sketchy business dealings.
House and Senate Republicans have said they plan to launch their own investigation into the president’s possible involvement if they take over Congress in November’s midterm elections.
