Hunter Biden’s former business partner Devon Archer can remain free on bail as he appeals his fraud conviction to the Supreme Court, a federal judge ruled Friday.
Archer, 48, was convicted and sentenced to a year and a day in prison in February last year for his role in a scheme to defraud Native American tribes of about $60 million in bonds.
His appeal was rejected by the appeals court in June and he has sought relief from the Supreme Court.
“For the same reasons set forth in the Court’s initial order granting the Accused bail pending the resolution of his appeal in the Second Circuit, and based on the Government’s agreement, the Court finds that he is entitled to bail until the Supreme Court decides the pending petition for certiorari,” wrote the Judge. District Ronnie Abrams in his decision on Friday.
Abrams also deferred consideration of any arguments for relief related to “a miscalculation of the two-point Sentencing Guidelines that neither party identified at sentencing,” citing Archer’s pending Supreme Court appeal.
Archer testified before the House Oversight Committee in July and told the panel the first son put Joe Biden on speaker phone more than 20 times during business meetings to promote “the brand.” FOX News/Tucker Carlson Tonight
Archer had sought to be reprimanded, but prosecutors for the US Attorney’s Office for the Southern District of New York argued that the errors identified did not constitute a “fundamental defect that would have resulted[ed] in a complete failure of justice.”
Archer, who also serves with Hunter on the board of Burisma Holdings, a Ukraine-based energy company, testified before the House Oversight Committee in July and told the panel the first son put Joe Biden on speaker phone more than 20 times during a business meeting to promote “that brand.”
Archer further confirmed that then-Vice President Biden attended an April 2015 dinner at Washington’s Cafe Milano with Burisma executive Vadym Pozharskyi and former Moscow first lady Yelena Baturina, as previously reported by The Post.
House Oversight Committee Chairman James Comer accused the Justice Department of “obstruction of justice” over a letter sent by the US attorney for the Southern District of New York to Abrams – two days before Archer’s testimony – asking the judge to set a date for Archer to begin. his prison sentence.
Archer further confirmed that then-Vice President Biden attended an April 2015 dinner at Washington’s Cafe Milano with Burisma executive Vadym Pozharskyi and former Moscow first lady Yelena Baturina.AFP via Getty Images
Archer was convicted by a jury of conspiracy to commit securities fraud and securities fraud after a trial in June 2018.
Federal prosecutors argued Archer and his two co-defendants bought more than $60 million in bonds from the Oglala Sioux and used them to “build a financial services mega-corporation,” rather than for annuities, according to prosecutors.
Hunter, who was vice chairman of the financial services company and paid up to $200,000, was not charged in connection with the scheme.
Archer claims he lost $10 million when the venture collapsed.
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Source: thtrangdai.edu.vn/en/
