A report published by a British tabloid, the Daily Mail, references U.S. Treasury documents as the basis for serious allegations about Hunter Biden, the son of President Joe Biden. The article claims that bank investigators suspected ties between Hunter Biden and an Eastern European prostitution network and that checks may have been forged to cover payments to prostitutes.
According to an excerpt of the Treasury document that an unnamed confidential source allegedly provided to the newspaper, the claim is that Biden sent funds to individuals who could be connected to a prostitution operation. The Wells Fargo bank, in a document submitted to the Treasury Department on December 17, 2019, reportedly identified suspicious transactions totaling roughly seven million dollars and suggested that counterfeit checks might have been used to conceal payments to sex workers connected to Hunter Biden.
The document reportedly also points to a company in China linked to the network as part of the path through which the money flowed.
The newspaper reports that investigators began monitoring Hunter Biden’s financial activity in December 2019 after alarms were raised by observed irregularities in his accounts and those of entities associated with his business ventures, which were linked to the alleged Eastern European prostitution ring.
In addition, the report notes that Hunter Biden faced accusations of willfully failing to pay taxes for the tax years 2017 and 2018. The story emphasizes that these charges mark the first time a son of a sitting U.S. president has faced such accusations. It also notes a separate charge related to illegal possession of a firearm in 2018. It mentions that Biden Jr. agreed to a plea agreement addressing the tax evasion charges and related pre-trial steps in the gun case, but the judge had not yet approved the agreement at the time described in the report.
The narrative concludes by stating that there were assertions about constitutional challenges raised by Biden in relation to certain legal or procedural aspects of the case. Overall, the piece frames these as ongoing investigative and legal developments rather than settled outcomes, urging readers to follow further updates as they unfold.