Most Talked-About Controversies Linked to Devon Archer

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By Popular Timelines Editorial Team  · Updated:
Devon Archer

Public opinion and media debates around Devon Archer—discover key moments of controversy.

Devon Archer is an American businessman and entrepreneur known for his involvement in venture capital and private equity. Notably, he co-founded and served on the board of BHR Partners, a Chinese investment firm, starting in 2013. His business dealings have attracted public attention.

2015: Involvement with Oglala Nation bond issuance

In 2015, Devon Archer and his associates urged the Oglala Nation to issue $60 million of bonds and misused the funds, illegally transferring $20 million through his real estate company to satisfy capital requirements of Archer-controlled companies.

2015: Conflict of interest concerns regarding Burisma directorship

In 2015, career diplomat George P. Kent raised concerns about the perception of a conflict of interest due to Hunter Biden's and Devon Archer's directorship of Burisma, given Vice President Biden's official role working with Ukraine.

2018: Convicted of securities fraud

In 2018, Devon Archer was convicted of securities fraud by a federal jury in Manhattan.

2019: Verdict overturned and new trial ordered

In 2019, U.S. District Judge Ronnie Abrams overturned Devon Archer's securities fraud conviction and ordered a new trial.

2019: Speculation of Joe Biden's involvement with Burisma

In 2019, under the Trump administration, speculation arose that Joe Biden had engaged in corrupt activities related to Burisma.

October 2020: Sentencing ordered for securities fraud conviction

In October 2020, the U.S. Court of Appeals for the Second Circuit ordered that Devon Archer be sentenced for the 2018 conviction of securities fraud and conspiracy, reversing the order for a new trial.

February 28, 2022: Sentenced to prison

On February 28, 2022, Devon Archer was sentenced to a year and a day in prison for misuse of bond funds related to the Oglala Sioux tribe and ordered to pay restitution of over $43 million.

July 31, 2023: Testimony to the U.S. House Oversight Committee

On July 31, 2023, Devon Archer provided over four hours of closed-door testimony to the U.S. House Oversight Committee, stating that Hunter Biden put his father on speakerphone about 20 times over 10 years while in the presence of business associates.

2023: U.S. House Oversight Committee investigation

In 2023, the U.S. House Oversight Committee initiated an investigation to determine whether Joe Biden was involved in his son's business affairs and if the two men accepted bribes from Burisma owner Zlochevsky.

January 2024: Petition to appeal rejected by the U.S. Supreme Court

In late January 2024, Devon Archer's petition to appeal his conviction was rejected by the U.S. Supreme Court.

May 15, 2024: Sentence vacated and re-sentencing ordered

On May 15, 2024, Judge Abrams vacated Devon Archer's sentence and ordered re-sentencing due to a prosecutorial sentencing guidelines error.