Hunter Biden’s business partners continue to be trailed by controversy
A former business partner of Hunter Biden was sentenced to federal prison for his role in a scheme to defraud a Native American tribe.
Devon Archer was sentenced to a year and a day in federal prison by Manhattan Judge Ronnie Abrams for his role in a ploy that defrauded the Oglala Sioux tribe of nearly $60 million in bonds.
Before being arrested, Archer and Biden sat on the board of the Ukrainian energy company Burisma Holdings.
Biden had no connection to the fraud scheme Archer was convicted for on Monday.
Archer’s attorney, Matthew Schwartz, said Archer — who has maintained his innocence — would be appealing the judgment ordering him to pay over $15 million in restitution out of pocket and over $43 million with his co-defendants.
“Mr. Archer is obviously disappointed with today’s sentence, and intends to appeal. It is unfortunate that the judge, who has previously expressed concern that Mr. Archer is innocent of the crimes charged and reiterated that belief today, felt that she was constrained not to act on her independent assessment of the evidence,” Schwartz said following the sentencing.