Recent reports have shed light on Hunter Biden’s financial mismanagement, where he took money from his daughter’s college fund and spent it on “hookers and drugs”. Here’s the whole story.
The Withdrawal
According to the Daily Mail, in December 2018, Biden withdrew a staggering $20,000 from his daughter Maisy’s college fund and allegedly spent it on illicit activities.
The Charges
This revelation comes amidst a backdrop of legal troubles for Biden, including charges related to firearms and substance abuse.
No Balance
Biden’s financial predicament came to a head when he received a warning from Wells Fargo Bank that his account balance had gone down to just 44 cents.
The Transfer
In response, Biden hastily instructed the bank to transfer $20,000 from his daughter’s college savings account.
He’s An Addict
During this tumultuous period, Hunter Biden openly admitted to battling a severe addiction to crack cocaine.
A Desperate Attempt
In a correspondence with his wealth managers, he urged them to “liquidate what you can.
Furthermore, he requested that no funds be allocated to cover expenses related to his former partner.
His Laptop Provided More Evidence
Disturbingly, evidence from Biden’s controversial laptop suggests that the $20,000 withdrawn from Maisy’s college fund was diverted towards a series of questionable expenses.
The Disturbing Expenses
These include payments for adult entertainment, high-end automotive purchases, subscription fees for explicit content, and other undisclosed expenditures.
The Email
Additional emails discovered from Biden’s correspondence reveal a disconcerting lack of focus on crucial financial matters.
Pending Bills and Expenses
When reminded of pending bills and expenses by his assistant, Katie Dodge, Biden exhibited a casual attitude, selectively choosing which payments to prioritize.
He also informed Dodge that she would only receive half her expected paycheck.
Hunter’s Legal Battle
Hunter Biden’s financial troubles have concluded in a legal battle, with charges related to making false statements in the purchase of a firearm and possession of a firearm while being an unlawful user of a controlled substance.
Not Guilty
Facing the potential of up to 25 years in prison and hefty fines, Biden has entered a plea of not guilty.
Twitter Users Shared Their Views
Several social media users expressed their thoughts on the incident.
One Twitter user wrote, “I’m not interested in people’s personal lives. I’m not standing up for anyone. I just think it’s ridiculous we pry into our leaders’ families on both sides to win. Using real issues is important. No more authority and witch-hunts.”
Everything Has Two Sides
Another user added, “One would love to hear something positive about Hunter Biden. We only hear bad news about him. I don’t understand why nobody on the Democrats’ side tries to defend him. So what if he made mistakes? Everything has two sides. I really would like to know his.”
A Drug Problem
A third user commented, “He had/has a drug problem…. That’s what happens when you’re addicted to drugs… not really anyone’s business but their family.”
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The post Hunter Biden’s “Hookers and Drugs” Financial Controversy – Misusing Daughter’s $20,000 College Fund and a Troubling Lifestyle first appeared on Wealthy Living.
Featured Image Credit: Shutterstock / Marta Fernandez Jimenez. The people shown in the images are for illustrative purposes only, not the actual people featured in the story.