(NationalUSNews.com) — President Joe Biden’s youngest son, Hunter Biden, has agreed to plead guilty in relation to a case that stemmed from an investigation into his taxes. Hunter Biden will plead guilty to two misdemeanors, and has reached an agreement to divert his pretrial proceedings for an unlawful possession of a firearm charge.
Hunter Biden will also plead guilty to two counts of willfully failing to pay federal income taxes. Although Biden is copping to the two tax offenses, the plea agreement is unlikely to result in any jail time or serious long term consequences. Hunter Biden is alleged to have received over $1 million in taxable income in 2017 and 2018, but purposely failed to pay the income taxes due for both years. Had Hunter Biden been found guilty of the tax offenses in court, he could have faced around two years in a federal prison. While the tax offenses will likely be resolved with probation and fines, the gun offense carries much steeper penalties, including around a decade of prison time.
The charges against Hunter Biden are a result of a nearly five-year-long investigation by the FBI, which has now been resolved following the plea agreement. While the FBI investigation into Hunter Biden seems to have been concluded, he’s still subject to an ongoing House Oversight Committee probe into the Biden family’s business deals. The probe seeks to clarify whether or not Joe Biden was involved in a foreign bribery scheme that also included his son Hunter being provided a well-paying position in a Ukrainian Natural Gas firm known as Burisma.
While the FBI had information from a “reliable” source that some illicit payments were being made, the federal body didn’t follow up on any leads until the House Oversight Committee instigated its probe earlier this year.
The bribery investigation is still ongoing, with House Oversight Committee Chairman James Comer claiming that the FBI redacted most of the information that related to the informants involved in the allegations against the Bidens.
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