Hunter Biden, son of U.S President Joe Biden, has been indicted on federal charges of tax evasion in California. According to reports, Lotupp LLC, a company owned by Biden, failed to pay California state taxes from 2016 and 2017.
The criminal indictment stems from an investigation initiated by the California State Department of Tax and Fee Administration. In a press release, the state agency alleged that Lotupp LLC had failed to pay more than $100,000 in taxes for those two years.
The announcement follows a pattern of scrutiny that Hunter Biden has been facing, and may be part of the broader investigation into the family’s finances and business dealings. The Biden presidential campaign has previously dismissed any investigations into Hunter’s business dealings as baseless and politically motivated.
The indictment is a blow to the Biden family, as Hunter continues to face criticism over his business dealings. It is not clear yet how this will affect the campaign of Joe Biden in the weeks ahead of the election.
Hunter Biden has yet to comment publicly on the investigation, but his attorneys issued a statement saying they “believe the indictment is unfounded”, and that they are confident the charges will “be dismissed”. The full extent of the investigation is not known yet, and more information will be released in the coming days.
It is unclear what effect, if any, this will have on the upcoming election. Nonetheless, this is certainly an unexpected development for the Biden family and they will now have to contend with a criminal investigation into one of their own members. It remains to be seen how this will play out in the coming weeks and if Hunter Biden will be able to effectively clear his name and avoid the potential legal ramifications of the case.
“California Uncovers Tax Fraud Apprehended by Hunter Biden!
