Select Page

Don't Tread On My Site

Hunter Biden’s Longtime Business Partner Will Face Sentencing In Fraud Case Following Appeals Court Reversal

Load WordPress Sites in as fast as 37ms!

A federal appeals court ruled this week that a former business partner of Hunter Biden’s must face sentencing for his role in a scheme to defraud a Native American tribe in South Dakota.

The three-judge panel overturned a lower court’s decision to throw out charges against Devin Archer, the former Biden business associate.

Devon Archer will face sentencing on Jan. 21, the 2nd Circuit Court of Appeals ruled on Wednesday.

Archer, who advised John Kerry’s 2004 presidential campaign, was convicted at trial on June 28, 2018 on conspiracy and securities fraud charges related to a scam involving a $60 million bond offering for the Wakpamni Lake Community Association, an affiliate of the Oglala Sioux Tribe.

Judge Ronnie Abrams, who handled the case, overturned Archer’s conviction on Nov. 15, 2018, saying there was insufficient evidence to show that Archer was aware of the bond fraud.

The appellate court overruled the decision, saying in their decision that “the district court abused its discretion in vacating the judgment and granting a new trial.”

The appellate judges said that Archer was aware of “the general nature and extent of the scheme and intended to bring about its success.”

Biden and Archer were partners in Rosemont Seneca Bohai, an asset management firm. The pair joined the board of Burisma Holdings in April 2014.

Archer met with then-Vice President Joe Biden on April 16, 2014 days before Hunter Biden joined the board of Burisma Holdings.

A Senate report released last month identified multiple wire transfers to bank accounts and companies co-owned by Archer and Biden that were flagged for suspicious financial transactions. The report said that Burisma wired more than $3.5 million from May 2014 to February 2016 to Biden and Archer’s company.

Republicans have questioned Biden’s role at Burisma because he joined the company shortly after his father took over as the Obama administration’s main liaison to Ukraine. Burisma and its owner, Mykola Zlochevsky, were under investigation in the U.K. for bribery at the time Hunter Biden was a director for the company.

The report did not reveal evidence that Joe Biden altered U.S. policy or intervened in order to help Burisma. But the report cited testimony from two State Department officials who said they told other U.S. officials that Hunter Biden’s affiliation with Burisma undercut the Obama administration’s efforts to fight corruption in Ukraine.

Hunter Biden was not implicated in the Wakpamni investigation that ensnared Archer’s, but evidence released in the case showed that Archer’s business partners touted their connections to the former vice president’s son.

“Hunter Biden works for [Archer]. So we’ve got the top level politicos with us. All of my guys, is as top tier as it gets,” said Bevan Cooney, who was also convicted in the Wakpamni scam.

“Well, you know — but you see that this is who we’re doing business with? You don’t get more politically connected and make people more comfortable than that.”

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact [email protected]

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact [email protected]


This post has been republished with permission from a publicly-available RSS feed found on Daily Caller. The views expressed by the original author(s) do not necessarily reflect the opinions or views of The Libertarian Hub, its owners or administrators. Any images included in the original article belong to and are the sole responsibility of the original author/website. The Libertarian Hub makes no claims of ownership of any imported photos/images and shall not be held liable for any unintended copyright infringement. Submit a DCMA takedown request.

-> Click Here to Read the Original Article <-

Advertise on Libertarian Hub

About The Author

Chuck Ross

The Daily Caller was founded in 2010 by Tucker Carlson, a 20-year veteran journalist, and Neil Patel, former chief policy advisor to Vice President Cheney, The Daily Caller is one of America’s largest and fastest-growing news publications. Our team of experienced, full-time reporters and editors works around the clock to deliver award-winning original reporting, in-depth investigations, entertainment, thought-provoking commentary and up-to-the-second breaking news. Visit https://dailycaller.com

Leave a reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Welcome

Bringing together a variety of news and information from some of today’s most important libertarian thought leaders. All feeds are checked and refreshed every hour and pages auto-refresh every 15 minutes. External images are deleted after 30 days.

Time since last refresh: 0 second

Publish Your Own Article

Follow The Libertarian Hub