The Securities and Exchange Commission this week dismissed civil enforcement cases against Hunter Biden’s former business partner Devon Archer, Carlos Watson, the co-founder of now-defunct Ozy Media Inc., and Nikola founder Trevor Milton after President Donald Trump granted each clemency, reported the New York Times.
Archer and Biden co-founded or co-ran several entities, including Rosemont Seneca Partners and were both on the board of Burisma Holdings in Ukraine.
He was convicted in 2018 of fraud and legally ordered to forfeit $15.7 million and make restitution of $43.4 million to the victims.
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