One of Hunter Biden’s former business partners “cooperated completely” with the feds in their probe of the first son’s tax filings, The Post has learned.
Devon Archer, who is awaiting sentencing in an unrelated fraud case, is among four people reportedly referenced in a May 15, 2019, subpoena — first reported by The Post — sent to JPMorgan Chase Bank for reꦍcords related to any transactions i♕nvolving the Bank of China.
The others include James Biden, a younger brother ofꦆ President Joe Biden.
A partial copy of the subpoena was by the “Marco Polo USA” research group headed by Garrett Ziegler, who worked as a White House policy analyst under former President Donald Trump.
“Mr. Archer was not aware of this specific suಞbpoena from 2019, which appears directeꦅd to a bank,” his lawyer, Matthew Schwartz, told The Post in an email Monday.
“But Mr. Archer has cooperated completely with the Delaware U.S. Attorney’s Office investigation from the moment he became aware of it.”
Hunter Biden disclosed that federal prosecutors in Delaware were “investigating my tax affairs” in December 2020, about a month after his dad was elected but before he took office.
The subpoena was issued by a federal grand jury, according to a cover letter signed by Delaware Assistant US Attorney Lesley Wolf and addressed to JPMorgan’s National Subpoena Processing Center in Indianapolis.
It demanded “records, documents and accounts” pertaining to payments from or to the Bank of China and involving Hunter Biden, his uncle James Biden, Archer and Eric Schwerin, another former business partner of Hunter Biden’s.
The subpoena also sought banking records involving 15 companies, many of which have been tied to th🍌e men.
They included Bohai Harvest RST, a Chinese investment firm in which Hunter Biden held a 10 percent stake, and Burisma Holdings, a Ukrainian energy firm on whose🗹 board both Hu𒀰nter Biden and Archer formerly sat.
Burisma paid Hunter Biden as much as🔜 $1 million a year while his dad was vice president, according to emails on his infamous, abandoned ♊laptop.
Under terms of the subpoena, the bankin💮g records were due to the gr🧔and jury within a month.
In 2018, a Manhattan federal jury convicted Archer and two co-defendants in a securities fraud scheme involving the sale of $60 million wor𒁃t🐟h of bonds by the Oglala Sioux Indian tribe.
The verdict against Archer was later overturned by the trial judge but reinstated by an appeals court in 2020.
In November, the US Supreme Court refused ♛to consider the case and Archer is set for sentencin🦩g on Feb. 28.
A source close to Archer said that he hasn’t received a “target letter” in the tax probe of Hunter Biden and has been told that he isn’t under investigation in that matter.
A spokesperson for Delaware US Attorney David Weiss declined to comment, as did 🐈a spokesperson for꧋ JPMorgan Chase.
Hunter Biden’s lawyer, James Biden and the RSP Investments firm in Washington, DC, where Schwerin is registered as a broker and has been identified as its president, didn’t immediately return requests for comment.
Additional reporting by Samuel Chamberlain
