Income

Prosecutors collect income evidence

(The Hill) – A federal tax investigation into Hunter Biden is intensifying as prosecutors gather more information about his overseas financial dealings, according to a Wall Street Journal report.

Prosecutors from the U.S. Attorney’s Office in Delaware have requested more information about income Biden received from Ukrainian natural gas company Burisma Holdings Ltd., a source told The Wall Street Journal. They also interviewed one of his associates about his drug and alcohol abuse, spending habits and mental state in 2018.

An investigation of Biden for tax crimes began in 2018 and has expanded to include potential violations of foreign lobbying and money laundering rules. His work in Ukraine contributed to the first impeachment of former President Trump. Between 2014 and 2019, Hunter Biden served on Burisma’s board of directors and was paid around $50,000 a month, prompting Trump to urge President Volodymr Zelensky to open an investigation into Biden’s father, President Biden. , who was Trump’s electoral opponent at the time.

Prosecutors are also reportedly investigating Hunter Biden’s business dealings in other countries, such as China and Kazakhstan.

Hunter Biden said earlier this month that he paid off more than $1 million in tax liabilities with a loan, according to The New York Times. However, this does not protect him from charges.

The Journal reported that it was unsure how close the investigation was to being completed.