Donald Trump to grant full pardon to Devon Archer, Hunter Biden’s former business partner

  • US President Donald Trump has announced he will grant a full pardon to Devon Archer, a former business associate of Hunter Biden, who was convicted in a $60 million tribal bond fraud case. Speaking to the New York Post, Trump claimed Archer was “screwed by the Bidens” and deserved clemency.

Written By Ravi Hari
Published25 Mar 2025, 12:52 AM IST
Devon Archer, a former Hunter Biden business associate convicted in a fraud scheme, will receive a full pardon from President Trump. (Image: Reuters file photo)
Devon Archer, a former Hunter Biden business associate convicted in a fraud scheme, will receive a full pardon from President Trump. (Image: Reuters file photo)

US President Donald Trump has announced his intention to grant a full pardon to Devon Archer, a former business associate of Hunter Biden, who previously testified before Congress regarding Biden family business dealings. In an exclusive interview with the New York Post, Trump stated, "He’s getting a full pardon. He was screwed by the Bidens. They destroyed him like they tried to destroy a lot of people."

Archer’s conviction and legal battle

Archer was reportedly convicted in 2018 in a scheme to defraud a Native American tribe through a fraudulent bond issuance worth $60 million.

While Hunter Biden was linked to the firm involved, he was never charged.

Archer's conviction was briefly overturned in 2018 before being reinstated on appeal in 2020. In 2022, he was sentenced to a year in prison and ordered to pay nearly $60 million in restitution, though the sentence was later overturned on a technicality, with resentencing pending.

Meeting at NCAA Wrestling finals

According to the New York Post, Trump personally informed Archer of the pardon during the NCAA wrestling finals in Philadelphia on Saturday night. The meeting was arranged by Tony Bobulinski, another former Hunter Biden associate who has been vocal about alleged corruption involving the Biden family. Bobulinski, who was present at the event, reportedly persuaded Trump to grant clemency, as per the report.

Archer expresses gratitude

Following Trump’s announcement, Archer issued a statement expressing his appreciation. “I want to extend my deepest thanks to President Trump. I am grateful to the president for recognizing that I was the victim of a convoluted lawfare effort intended to destroy and silence me,” Archer said, as quoted by the New York Post.

He further criticised the Biden family, saying, “Like so many people, my life was devastated by the Biden family’s selfish disregard for the truth and for the peace of mind and happiness of others. The Bidens talk about justice, but they don’t mean it. I am grateful that the American people are now well aware of this reality.”

Also Read | Who is Alina Habba? Trump loyalist appointed US Attorney for New Jersey

Hunter Biden’s legal issues and Presidential pardon

Hunter Biden has faced his own legal troubles, pleading guilty to multiple tax offenses in 2023 after a plea deal collapsed. His father, then President Joe Biden, pardoned him before leaving office, despite previously vowing not to do so. The move drew bipartisan criticism.

Also Read | ‘Puff Piece’ on a ‘Second-Rate Movie Star’—Trump attacks Clooney’s interview

Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Business NewsNewsUs NewsDonald Trump to grant full pardon to Devon Archer, Hunter Biden’s former business partner
MoreLess
First Published:25 Mar 2025, 12:52 AM IST
Most Active Stocks
Market Snapshot
  • Top Gainers
  • Top Losers
  • 52 Week High
Recommended For You
    More Recommendations
    Gold Prices
    • 24K
    • 22K
    Fuel Price
    • Petrol
    • Diesel
    Popular in News