Former Hunter Biden business partner Devon Archer loses appeal in federal fraud case

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Former Hunter Biden business partner Devon Archer loses appeal in federal fraud case
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Archer’s lawyer Matthew Schwartz told The Post he and his client were disappointed by Wednesday’s appeals court determination.

“While we are disappointed in today’s decision, Mr. Archer is innocent, and he remains hopeful that the courts will ultimately reinstate Judge Abrams’ careful decision recognizing that his conviction was a miscarriage of justice.”

Abrams, when she tossed the conviction in 2018, said she was “left with an unwavering concern that Archer is innocent of the crimes charged,” according toShe also noted Archer was not the leader of the scheme and did not try to obstruct justice as his co-defendants had. Abrams upheld the convictions of John Galanis and Bevan Cooney, who were tried and convicted alongside Archer.

“Archer became a key player in the scheme, anticipating that, when the scheme succeeded, he would helm the resulting conglomerate and, ultimately, reap massive profits from its sale,” prosecutors wrote in a sentencing memo for Archer last year.on the board of Burisma Holdings, a Ukraine-based energy company. Archer has been allowed to remain out of prison while the appeals went through the legal system.

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