LOL! Court Reinstates Fraud Conviction for Hunter Biden's Business Partner
A federal court has reinstated the securities fraud and conspiracy conviction of Devon Archer, a longtime business associate of Hunter Biden.
The U. S. Court of Appeals for the Second Circuit ruled Wednesday that Archer knew and was potentially involved in a scheme that pushed a Native American tribe “to issue $60 million in economic-development bonds,” as first reported by the Wall Street Journal. After being issued the bonds, according to federal prosecutors, they were diverted for the personal use of Archer and several of his business associates.
Biden, the youngest son of former Vice President Joe Biden, was neither aware nor involved in the scheme. Prosecutors, however, have evidence that his name was invoked by Archer and associates at “various stages of the fraud as a selling point” for the bonds.
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Although Biden was not involved in the case, his business ties to Archer have long been at the center of public scrutiny. The duo’s involvement with Burismas Holdings, a Ukrainian natural gas conglomerate, in particular, has generated controversy.
As Breitbart News has previously reported, Biden joined Burisma’s board of directors in May 2014 shortly after Archer joined as well. Both men’s appointments came around the same time that Joe Biden was tapped to be the Obama administration’s point man on Ukraine. Despite having no background in either eastern Europe or the energy industry, Hunter was paid as much $83,000 per... (Read more)