Following an appeals court reversal, Hunter Biden’s longtime business associate faces a January sentencing in a fraud case involving a Native American tribe.
The three-judge panel dismissed the legal respite previously given Devon Archer. (Daily Caller)
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 first worked together at Rosemont Seneca Bohai, a private equity firm of questionable repute, before both landing a cushy position on the board of Ukrainian gas company Burisma Holdings.
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