Monday, March 28, 2022

How wrong the Trump haters were then.

Biden’s silent as son’s former friend and business partner faces jail, financial ruin

The president’s son, who once told Archer he was “part of a great family — not a sideshow, not deserted by them even in your darkest moments,” won’t return calls to his former business partner.

Now, barring a last-ditch appeal by his lawyer, Archer has less than five weeks left before he has to go to jail to serve a one-year, one-month sentence over a fraud he says he had no knowledge his then-partners were committing, and which cost him his life’s savings.

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BY Friends who attended the sentencing in Manhattan last month say that the father of three has mentally prepared himself for prison, and that his hopes for a presidential pardon have faded.

Prosecutors from the Southern District of New York two weeks ago rejected Archer’s arguments to postpone prison time and the forfeiture of his assets, warning that if his sentencing appeal is successful, “he might well receive a higher sentence.”

If his appeal fails, the only way he could avoid jail would be if he filed a Rule 35(b) federal motion to ask the court for leniency and a reduced sentence if they find Archer has provided “substantial assistance in investigating or prosecuting another person,” says a former prosecutor from the Southern District of New York. For instance, if he “flipped” on the Bidens.

Archer already has shown a willingness to cooperate with authorities. He testified last summer to the Delaware grand jury investigating Hunter Biden over tax evasion, money laundering and violations of the Foreign Agents Registration Act, allegations unrelated to Archer’s fraud conviction.

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