Hunter Biden’s Former Business Partner to Be Sentenced after Court Revives Fraud Conviction
Hunter Biden's former business associate is convicted of a fraud case after a federal appeals court resumed his conviction on Wednesday.
Devon Archer, a longtime business associate of Joe Biden's son, was convicted in June 2018 of his involvement in a scheme to defraud a Native American tribe.
The defendants, including Archer, are charged with pressuring the Wakpamni Lake Community Association, a subsidiary of the Oglala Sioux Tribe, to issue $ 60 million in economic development bonds, which the defendants then use for their own ends used, for example, to invest in their own businesses to reinvest it in the tribe.
Following his conviction, a federal judge in New York overturned Archer's conviction later that year, saying the evidence was insufficient to prove that Archer was aware of the multi-million dollar bond fraud program.
The three-judge panel of the New York-based Court of Appeals for the 2nd Circuit resumed sentencing Archer on Wednesday. It ruled that the lower court "misused its discretion in overturning the sentence and allowing new trial," stating that Archer "knew at least the general nature and scope of the program and intended to succeed. "
Archer is due to be sentenced on January 21st.
Archer worked with Hunter Biden on a variety of business ventures including serving on the board of a Ukrainian gas company Burisma Holdings as the son of the Democratic presidential candidate's son.
Hunter Biden was named to the Burisma board of directors in 2014 while his father was vice president, and resigned from the board in April last year after scrutiny of his lucrative position on the board.
In the spring of 2016, Biden asked Ukraine to fire the prosecutor who was investigating the energy company that paid his son. The vice president threatened to withdraw US $ 1 billion in military aid to Ukraine if the country did not fire the prosecutor, who was accused by the State Department and US allies in Europe of opposing corruption.
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