Hunter Biden has reached a deal with federal prosecutors on charges he failed to pay federal income tax and illegally possessed a weapon, according to a letter in a US district court in Delaware, and will plead guilty to tax offenses but likely avoid time behind bars.
The U.S. Attorney for the District of Delaware David C. Weiss said, according to the tax Information, Hunter Biden “received taxable income in excess of $1,500,000 annually in calendar years 2017 and 2018.”
According to the firearm Information, from on or about October 12, 2018, through October 23, 2018, Hunter Biden possessed a firearm despite knowing he was an unlawful user of and addicted to a controlled substance.”
Weiss’ office also stated if convicted, Hunter Biden faces a maximum penalty of 12 months in prison on each of the tax charges– a total of 2 years– and a maximum penalty of 10 years in prison on the firearm charge.
Biden has been under federal investigation since 2018. That investigation into his “tax affairs” began amid the discovery of suspicious activity reports (SARs) regarding funds from “China and other foreign nations.”
