<p>A business associate of Hunter Biden was sentenced for fraud and the major networks have completely ignored the news.</p>
<p>While Hunter Biden, son of President Joe Biden, was not involved in the crime that produced a one-year prison sentence for Archer, one must remember how corporate media covered the arrests of former President Donald Trump’s campaign manager Paul Manafort and campaign adviser Robert Stone for crimes not involving Trump.</p>
<p>In a <a href="https://www.justice.gov/usao-sdny/pr/devon-archer-sentenced-year-and-day-prison-fraudulent-issuance-and-sale-more-60-million">press release</a> published Monday, the Department of Justice (DOJ) explained that Archer had been sentenced “for defrauding a Native American tribal entity and various investment advisory clients of tens of millions of dollars in connection with the issuance of bonds by the tribal entity and the subsequent sale of those bonds through fraudulent and deceptive means.”</p>
<p>The DOJ added that evidence established at trial showed that between March 2014 and April 2016, Archer and numerous others “engaged in a fraudulent scheme that involved (a) causing the Wakpamni Lake Community Corporation (“WLCC”), a Native American tribal entity, to issue a series of bonds (the “Tribal Bonds”) through lies and misrepresentations; (b) deceptively causing clients of asset management firms controlled by Hirst, Morton, and others to purchase the Tribal Bonds, which the clients were then unable to redeem or sell because the bonds were illiquid and lacked a ready secondary market; and (c) misappropriating the proceeds resulting from those bond sales.”</p>
<p>Another defendant, John Galanis, convinced the WLCC to issue Tribal Bonds “through false and fraudulent representations,” according to the DOJ. Jason Galanis, John’s son, was working at the same time – with backing from Archer and others – to acquire Hughes Capital Management, a registered investment adviser. Once that was acquired, Michelle Morton and Gary Hirst were installed as CEO and CIO, respectively, and immediately “placed the entire $28 million first series of Tribal Bonds with Hughes clients but failed to disclose material facts about the Tribal Bonds, including the fact that the Tribal Bonds fell outside of the investment parameters set forth in the investment advisory contracts of certain Hughes clients,” the DOJ reported.</p>
<p>Hughes’ clients were not told about numerous conflicts of interest involving the Tribal Bonds, either.</p>
<p>Archer, his co-defendants, and their co-conspirators then misappropriated the proceeds from the first Tribal Bond Issuance. “Significant amounts” of the proceeds went to support the defendants’ business and personal interest. The DOJ singled out the Galanis’, noting that John “secretly received” $2.35 million and spent it on “personal expenses and luxury items, including cars, jewelry, and hotel expenses.” His son Jason used some of the proceeds to “finance the purchase of a $10 million luxury apartment in Tribeca, which, with Archer’s consent, he purchased in Archer’s name,” the DOJ said.</p>
<p>In addition to his prison term, Archer was also sentenced to a year of supervised release and ordered to forfeit $15,700,513 to pay restitution in the amount of $43,427,436.</p>
<p>Archer was heavily involved in Hunter Biden’s shady business dealings with Ukraine-based energy company Burisma.</p>
<p>As Newsbusters <a href="https://www.newsbusters.org/blogs/nb/kevin-tober/2022/02/28/nets-ignore-hunter-bidens-business-partners-fraud-conviction">reported</a>, ABC, CBS, and NBC all ignored Archer’s sentencing.</p>
<p>“This is not the first time the networks looked the other way when one of Hunter Biden&#8217;s friends became engulfed in legal problems. Back in January, <a href="https://www.newsbusters.org/blogs/nb/kevin-tober/2022/01/10/nets-ignore-hunter-bidens-close-friend-being-charged-treason">all three evening newscasts</a> ignored Hunted Biden&#8217;s close friend Karim Massimov being <a href="https://www.washingtonexaminer.com/news/white-house/hunter-bidens-close-friend-charged-with-treason-in-kazakhstan">charged with treason</a> in Kazakhstan during violent protests caused by a spike in gas prices in the region,” Newsbusters reported. “This likely wouldn&#8217;t be the response if the story were about a business partner of one of former President Trump&#8217;s adult children.”</p>

<script async src="https://www.tiktok.com/embed.js"></script>
<script async src="https://www.instagram.com/embed.js"></script>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

Hunter Biden Business Associate Devon Archer Sentenced For Fraud, Networks Ignore

‘Dangerous Precedent’: Court Sides With University Over Jury in False Rape Defamation Case

Trevor Bauer Wins Lawsuit Against False Accuser. Will The MLB Take Him Back?

Trump Admin Bans Illegal Immigrants From Getting Taxpayer-Backed Mortgages

Texas Man Arrested After Video Allegedly Shows Him Ramming ATV Into Tesla

Kristi Noem Tours El Salvador’s Gang Prison Before Threatening To Deport More Criminals

Columbia Anti-Israel Group Reactivated Instagram Account Just Before Oct. 7 Attack, Lawsuit Says

News and Analysis

Crime

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Menu

— News and Analysis —

Hunter Biden Business Associate Devon Archer Sentenced For Fraud, Networks Ignore