The Supreme Court has rejected an appeal from Devon Archer, the former business partner of Hunter Biden, regarding his criminal conviction related to an alleged role in defrauding a Native American tribe.
Archer, who served on the board of Ukrainian energy company Burisma alongside Hunter Biden, faced sentencing in 2018 for purportedly issuing $60 million in fraudulent tribal bonds.
Supreme Court rejects appeal from former Hunter Biden business partner regarding criminal conviction https://t.co/xpd0KhAzyk
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Initially convicted by a jury, Archer's conviction was overturned by U.S. District Judge Ronnie Abrams in 2018 due to concerns about his innocence.
The Second Circuit Court of Appeals reinstated the conviction in 2020, leading to a one-year and one-day prison sentence in February 2022.
Despite the sentence, Archer's lawyer, Matthew Schwartz, has maintained his client's innocence and indicated plans to file further appeals, causing a delay in serving the prison term.
"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 in February 2022.
Schwartz expressed disappointment with the sentence, emphasizing Archer's intention to appeal. The case centers around Archer's alleged involvement in defrauding a Native American tribal entity and investment advisory clients through the issuance and sale of bonds using fraudulent and deceptive means.
Hunter Biden has not been implicated in the scheme. Judge Abrams had previously ruled that the evidence presented did not establish Archer's knowledge of the fraudulent bond issue or personal benefit from it.
In 2022, Abrams, while reiterating her belief in Archer's innocence, deemed the alleged crime too serious to warrant no prison time, emphasizing the harm caused to real people and the need for consequences.
The Supreme Court's decision not to hear Archer's appeal marks a significant development in the legal proceedings surrounding the case.
The decision also comes as Hunter Biden faces multiple crimes related to gun charges and tax evasion while also undergoing investigation by the House Oversight Committee.