For more than a year and a half, Hunter Biden has been the focus of a tax investigation by federal authorities in Delaware.
However, a new report suggests the investigation may be drawing to a close, and it could end with Biden being sentenced to pay “a significant fine.”
Investigation may “be coming to a head”
That’s according to an article published by the New York Times on Monday. It stated that the inquiry “appears to be coming to a head.”
The piece added that Justice Department prosecutors have been holding discussions as of late regarding whether they should proceed with the case against Biden. Also at issue is if the government should proceed criminally or civilly.
One option would be to offer Biden the chance for a settlement that would involve the president’s son paying a financial penalty.
“The decision will have to be approved by Attorney General Merrick B. Garland and will be among the most scrutinized of his tenure,” the report stated.
The Washington Examiner noted that Biden’s legal troubles first came to light when he released a statement concerning them shortly after the 2020 presidential election.
“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,” Biden was quoted as saying.
“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 advisers,” he went on to add.
Grand jury asked witness who “the big guy is”
That statement was released just over a month after the New York Post revealed that it had the contents of a laptop which Biden once owned. In addition to images of drug use and sexual activity, the laptop also held messages in which he discussed his business dealings.
One of them references the ownership structure of a company in which a 10% stake would be “held by H for the big guy.”
The Washington Examiner announced last month that members of the federal grand jury in Biden’s case asked a witness to identify “the big guy.”