Report: Hunter Biden served federal subpoena over foreign business dealings

Hunter Biden, son of former Vice President Joe Biden, was hit with a federal subpoena last week, The Associated Press reported Saturday.

Investigators are reportedly interested in the younger Biden’s records pertaining to his business dealings with unspecified Chinese entities, as well as the Ukrainian energy company Burisma Holdings.

According to the Wall Street Journal, President Donald Trump may be considering the appointment of a special counsel to investigate Hunter Biden, as well as the 2020 election.

Unreported income

Fox News reported Monday that it had obtained emails sent to Hunter Biden from former Rosemont Seneca president Eric Schwerin.

Rosemont Seneca is an investment firm Hunter Biden was associated with, and the messages suggest that he failed to report a substantial amount of income.

“In 2014, you joined the Burisma board and we still need to amend your 2014 returns to reflect the unreported Burisma income,” Schwerin said.

“That is approximately $400,000 extra so your income in 2014 was closer to $1,247,328,” the firm’s president continued, noting that the younger Biden’s tax return would need to be amended.

A statement from Hunter

The revelations came following a Wednesday statement from Hunter Biden on the website of his father’s White House transition team.

“I learned yesterday for the first time that the U.S. Attorney’s Office in Delaware advised my legal counsel, also yesterday, that they are investigating my tax affairs,” his statement began.

He continued: “I take this matter very seriously but I am confident that a professional and objective review of these matters will demonstrate that I handled my affairs legally and appropriately, including with the benefit of professional tax advisors.”

The transition team wrote a brief message as well:

President-elect Biden is deeply proud of his son, who has fought through difficult challenges, including the vicious personal attacks of recent months, only to emerge stronger.

Hunter Biden has long been a source of controversy for his father. In April 2019, the Russian broadcaster RT showed footage of Joe Biden boasting that he had used the threat of withholding American aid to pressure Ukraine’s government into firing a prosecutor who was investigating Burisma Holdings, a Ukrainian energy company on which his son was a board member. With questions of tax fraud now on the table, it looks like the trouble for the Bidens is just getting started.

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