Court reinstates fraud, conspiracy convictions of ex-Hunter Biden associate

Swordsmyth

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The 2018 conviction of a former business associate of Hunter Biden on securities fraud and conspiracy charges has been reinstated by a federal appeals court, according to reports.

In 2018, Devon Archer and two others were convicted by a federal jury in Manhattan, but a judge later overturned the verdict against Archer while ordering a new trial, saying evidence did not prove he knew about the fraud scheme involving the sale of $60 million in bonds issued to a corporation affiliated with the Oglala Sioux Indian tribe, the Wall Street Journal reported.

Wednesday’s ruling by a three-judge panel of the US Court of Appeals for the Second Circuit found that Archer — who previously partnered with Biden and served with him on the board of a Ukrainian natural gas firm, Burisma Holdings — “knew at least the general nature and extent of the scheme and intended to bring about its success,” according to the Journal.

Prosecutors said the proceeds were then misused by Archer and others.

More at: More at: https://nypost.com/2020/10/09/feder...ctions-for-hunter-bidens-ex-business-partner/
 
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