The United States Court of Appeals for the Second Circuit on Wednesday reversed a lower court decision to grant a new trial in a fraud case involving Hunter Biden's ex-business partner Devon Archer.
Hunter Biden was not charged in the scheme, but Biden's name was reportedly "invoked at various stages of the fraud as a selling point in transactions."
Archer was indicted on March 26, 2018 and charged with conspiracy to commit securities fraud and securities fraud for a Native American tribal bond scheme hatched by Archer and several of his business partners. After a trial lasting approximately one month, the jury found Archer guilty on both counts. Archer asked the district court to set aside the jury's verdict and successfully pushed for a retrial.
Now, the Second Circuit Court of Appeals has reinstated the jury's conviction and sent the Archer case back to district court for sentencing. The court summarized the decision as follows: "Because the weight of the evidence presented at trial did not preponderate heavily against the jury's verdict, we find that the district court abused its discretion in vacating the judgment and granting a new trial. Accordingly, the decision of the district court is REVERSED, and the jury verdict is reinstated. The case is REMANDED to the district court for sentencing."
Financial records made public during Archer's 2018 trial revealed large sums of Chinese and Ukrainian money flowing into Archer's and Biden's accounts via a Morgan Stanley account for an entity called Rosemont Seneca Bohai, LLC (RSB). For example, the RSB financial records revealed that Ukraine's largest gas company, Burisma Holdings, funneled millions to Archer and Biden in 2014 and 2015. According to Archer's bank statement, Burisma paid at least $166,666.66 (twin payments of $83,333.33) into Biden and Archer's joint account each month between May 2014 and October 2015.
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Andrew, he is on video tape bragging about it and the devildemocommiecrats claim it is Trump that did it.
The corruption and nepotism of the Biden family reek to heaven. At least the law is finally catching up to them.
What good has all this "evidence" of corruption been? Nothing ever happens. We have mountains of proof, documentation, video, audio and everything in between.
nothing happens.......nothing happens. EVER. What is the point? Most of us are frustrated beyond words.
Frederico, I agree. Unfortunately soros also owns the gop establishment, including mcconnell and they protect their deep state co-conspirators. They hate Trump because he isn't one of them. He can't be bought or bullied into their club of traitors!!!!!
Agreed! Under normal times no politician would be running for office if they were under a cloud of suspicion! Oh, the good old days!
Unfortunately those eleitist in politics have their own laws to folllow (NONE). 1 law for the rest of the country and no laws for me (politicians) !!!
Good, now get the rest of the treasonous, criminal regime of fuhrer obama on trial, convicted, and hanged!!!!!
public firing squad.
Michael, a rope can be used multiple times a bullet only once
Yes please!
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