Hunter Biden investigation reaches ‘critical stage’ as officials weigh possible charges: source

NEWYou can now listen to Fox News articles!

The federal investigation into Hunter Biden and his tax affairs has reached a “critical stage,” a source told Fox News, as officials consider whether to charge President Biden’s son with various tax violations, potential foreign lobbying violations and more.

Hunter Biden has been under federal investigation since 2018, according to a source familiar with the matter.

A separate source told Fox News that the federal grand jury investigating Hunter Biden’s business dealings completed its final term late last month, but said no charges have been filed.

The investigation is being led by Delaware U.S. Attorney David Weiss, a prosecutor appointed by former President Donald Trump.

HUNTER BIDEN ASKED FOR KEYS FOR NEW ‘OFFICE MATES’ JOE BIDEN, CHINESE ‘EMISSARY’ TO CEFC PRESIDENT, EMAILS SHOW

The source told Fox News on Wednesday that Weiss and Justice Department officials are considering whether to charge Hunter Biden with various tax violations and, more seriously, possible foreign lobbying violations. The source said Hunter Biden could face possible misrepresentation charges.

Hunter Biden, the president’s son, is under federal investigation.
(AP Photo/Andrew Harnik)

But the source said no final decision has been made on whether to charge Hunter Biden, and stressed the investigation is ongoing.

Fox News first reported in December 2020 that Hunter Biden was a subject/target of the grand jury investigation, according to a well-placed government source. According to the source, a ‘target’ means there’s a ‘high probability that someone has committed a crime’, while a ‘subject’ is someone you ‘don’t know for sure’. he has committed a crime”.

The federal investigation into Hunter Biden was based, in part, on suspicious activity reports (SARs) regarding suspicious foreign transactions.

Another source familiar with the investigation told Fox News in December 2020 that the SARs involved funds from “China and other foreign countries.”

FEDERAL INVESTIGATION CONTINUES INTO HUNTER BIDEN EVEN AFTER HE PAYS HIS TAX BILL

A Treasury Department official, who did not comment on the investigation, spoke broadly about SARs, telling Fox News that SARs are filed by financial institutions “if there is anything unusual about a transaction. particular”.

(Hunter Biden and President Biden)

The official told Fox News that simply filing an SAR does not mean there has been foul play or a violation of regulations, rather that a transaction is “out of the ordinary” for the customer. The official noted, however, that a SAR could be part of a money laundering or tax investigation.

HUNTER BIDEN UNDER FEDERAL INVESTIGATION FOR ‘TAX CASES;’ LINKS TO CHINA FUNDS ARE EMERGING, SOURCES SAY

Hunter Biden, weeks after the 2020 presidential election, released a statement acknowledging the federal investigation into his “tax affairs.”

CLICK TO GET THE FOX NEWS APP

“I take this matter very seriously, but I am confident that a professional and objective review of these matters will demonstrate that I have conducted my affairs in a lawful and proper manner, including with the assistance of professional tax advisers.” he said in the December 2020 statement.

President Biden has repeatedly denied discussing Hunter’s business ventures with him.

About Teddy Clinton

Check Also

New York Post deserves an apology and a Pulitzer for Hunter Biden coverage – AMAC

AMAC Exclusive – By Andrew Abbott As the public continues …