How Hunter Biden spent $1.66M in cash — more than $1,100 a day
WASHINGTON — One of the most stunning revelations in first son Hunter Biden’s latest criminal indictment is that he withdrew more than $1.66 million in cash over a four-year period — during some of which, his autobiography claims, he was using drugs almost continuously.
The nine-count charge sheet filed Thursday in Los Angeles federal court accuses Hunter, now 53, of dodging $1.4 million in federal taxes from 2016 through 2019.
A handy table breaking down the first son’s expenditures over the same period indicates he took out $1,664,004 from ATMs and cash machines alone — an average of $1,138.95 each day and separate from the $683,212 he spent on “various women,” $397,530 splashed on clothing and accessories and $188,960 in “adult entertainment.”
While cash cannot be tracked easily with a paper trail, dozens of individual withdrawals are documented in files on Hunter’s abandoned laptop, some of which show removals of between $800 and $2,000 per transaction from his Wells Fargo checking account.
On some days, Hunter made as many as seven separate withdrawals.
Often, the bank account balance neared empty — as Hunter, a crack cocaine addict, wrote in his 2021 memoir “Beautiful Things” that he was blowing through money on getting high.
In 2018 alone, the indictment shows, Hunter withdrew more than $772,000 in cash — an average of $2,116.57 each day of that year.
During that time, Hunter recounted in his book, he was using crack cocaine “twenty-four hours a day, smoking every fifteen minutes, seven days a week.”
After moving to California in April 2018, the first son went on, he surrounded himself with “thieves, junkies, petty dealers, over-the-hill strippers, con artists, and assorted hangers-on, who then invited their friends and associates and most recent hookups. They latched on to me and didn’t let go, all with my approval. I never slept. There was no clock. Day bled into night and night into day.”
“An ant trail of dealers and their sidekicks rolled in and out, day and night,” Hunter also wrote of this period, during which he bounced between luxury hotels in Los Angeles, in yet another passage excerpted by prosecutors.
“They pulled up in late-series Mercedes-Benzes, decked out in oversized Raiders or Lakers jerseys and flashing fake Rolexes,” he added. “Their stripper girlfriends invited their girlfriends, who invited their boyfriends. They’d drink up the entire minibar, call room service for filet mignon and a bottle of Dom Pérignon. One of the women even ordered an additional filet for her purse-sized dog.”
Despite this aimless, bacchanalian lifestyle, the feds claim, Hunter tried to write off $388,810 of his expenses from 2018 as “business-related travel, despite having done little to no business in that year.”
The feds went on to twist the knife by writing of Hunter’s associates during this period: “Notably, the Defendant did not write that he conducted any business in any of these luxury hotels nor did he describe any of the individuals who visited him there as doing so for any business purpose.”
Prosecutors do not allege that any of the cash withdrawn flowed to President Biden, who is the subject of a House impeachment inquiry over alleged corruption, which Republicans plan to officially authorize with a vote next week.
However, IRS agents Gary Shapley and Joseph Ziegler have alleged a coverup in which federal prosecutors blocked their attempts to determine Joe Biden’s involvement in various foreign business dealings involving Hunter and first brother James Biden, even when communications directly mentioned him.
Hunter Biden wrote in a January 2019 message retrieved from his former laptop that he had to give “half” of his income to Joe Biden and the House Oversight Committee in May identified nine Biden family members who allegedly received foreign funds from associates in China, Romania and Ukraine.
Hunter and James Biden regularly involved their powerful relative in their foreign business relationships, with photos, email records and witness testimony documenting Joe Biden’s interactions as vice president with the pair’s Chinese, Mexican, Kazakhstani, Russian and Ukrainian contacts.
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