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

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


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, 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 Devon Archer — who previously partnered with Biden and served together 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.

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Prosecutors said the proceeds were

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