The Hunter Biden tax probe is picking up speed, with prosecutors interviewing associates and witnesses about the first son’s foreign business dealings.
The Wall Street Journal reported Monday that prosecutors from the U.S. attorney’s office in Delaware are interested in funds the first son received from the Ukrainian natural gas company Burisma and how he used that money to pay debts.
A source also told the Journal that one person was extensively questioned in front of the grand jury in February on Biden’s drug and alcohol use, spending habits and mental state.
The Hunter Biden tax probe is picking up speed, with prosecutors interviewing associates and witnesses about the first son’s foreign business dealings, The Wall Street Journal reported on Monday
A source also told the Journal that one person was extensively questioned in front of the grand jury in February on Biden’s drug and alcohol use, spending habits and mental state
That line of questioning suggests prosecutors are exploring whether the younger Biden could use his history of addiction as a defense against a potential criminal tax case.
‘It doesn’t necessarily mean an indictment is imminent, but it is indicative of trying to lock in testimony with an eye towards a potential trial someday,’ former federal tax prosecutor Matt Mueller told the Journal. Mueller isn’t working on the case.
Sources talked to the Journal about some of the lines of questioning prosecutors have used when talking to a number of associates and witnesses before the grand jury.
Prosecutors are looking into whether Biden violated tax or other laws, including laws that guide working as a lobbyist for a foreign government, with his business dealings in Ukraine, China and Kazakhstan.
Prosecutors have particularly focused on payments Biden received from Burisma – which flowed into a company called Rosemont Seneca Bohai LLC before being directed to Biden.
Biden was on Burisma’s board from 2014 to 2019 and received about $50,000 a month.
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Former President Donald Trump talked often about this lucrative set-up.
His first impeachment revolved around an effort to pressure Ukrainian President Volodymyr Zelensky to announce an investigation into Hunter and Joe Biden over Hunter’s Ukraine-based business dealings.
Trump held up nearly $400 million in Congressionally approved military aid to push Zelensky to act.
The Journal reported that prosecutors are also interested in how Hunter Biden purchased a $142,300 Fisker sports car (pictured) through funds from Rosemont Seneca
The Journal reported that prosecutors are also interested in how Hunter Biden purchased a car through funds from Rosemont Seneca.
In April 2014, a business associate from Kazakhstan wired $142,300 to Rosemont Seneca.
The money came from a Singapore-based company controlled by the Kazakhstan banker Kenges Rakishev ‘For a Car,’ the Journal reported.
Rakishev has close relations with the leaders of Kazakhstan.
A day after the money was received by Rosemont Seneca it was wired to a New Jersey car dealership to purchase a Fisker sports car for Hunter Biden to use in the name of Rosemont Seneca, two sources told the Journal.
Hunter Biden later traded in the Fisker for a silver Porsche.
The Journal couldn’t determine how close the investigation is coming to completion.
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