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Devon archer wikipedia, net worth, high school, age;-
Who is Devon Archer?
Archer was a prominent figure in the business world and had connections with influential individuals, including Hunter Biden, the son of then-Vice President Joe Biden.
Devon Archer Wikipedia
The Wikipedia entry for Devon Archer offers a thorough synopsis of his life and career. It covers a number of topics, such as his commercial endeavors, educational history, and legal issues pertaining to the fraudulent operation that impacted the Native American tribe. This page is a great way to learn about Archer’s life and the occasions that influenced his professional life.
| Attribute | Details |
|---|
| Full Name | Devon Archer |
|---|
| Nationality | American |
|---|
| Birthdate | August 17, 1965 |
|---|
| Birthplace | Brooklyn, New York |
|---|---|
| Business | Rosemont Seneca Partners, LLC |
| Venture | |
|---|---|
| Notable | Involvement in a fraudulent |
| Achievements | scheme defrauding a Native |
| American tribe of over $60M | |
|---|---|
| Education | Collegiate School (High School) |
| Georgetown University (BBA) |
|---|
| Age | 57 years old |
|---|
| Net Worth | Estimated between $1M – $5M |
|---|---|
| Legal | Indicted in 2009 on fraud |
| Troubles | and conspiracy charges |
| Convicted in 2012, 14-month |
| prison sentence | |
|---|---|
| Post-Prison | Settled civil lawsuit with |
| Settlement | Oglala Sioux Tribe for $2.2M |
|---|
Devon Archer Net Worth
The estimated net worth of Devon Archer ranges from $1 million to $5 million. His involvement in commercial endeavors and a settlement he obtained after being released from prison are the main sources of his fortune. In spite of the legal troubles, Archer was able to amass a sizeable fortune over his career.
Devon Archer High School
Devon Archer completed his high school education at Manhattan, New York’s Collegiate School. He later went on to further his education, graduating from Georgetown University with a degree in business administration. His formal schooling gave him a strong platform on which to build his future commercial ventures.
Devon Archer Age
Devon Archer was born on August 17, 1965, making him 57 years old at this point. He has had a number of achievements and setbacks in his personal and professional life throughout the years.
Archer’s Involvement
The private equity business Rosemont Seneca Partners, LLC, which Devon Archer co-founded with Hunter Biden, the son of then-Vice President Joe Biden, gained him notoriety. In order to further demonstrate his knowledge and power in the corporate world, he also served as a consultant for well-known international institutions like the World Bank and the United Nations.
Legal Troubles
The legal issues for Devon Archer started in 2009 when he was charged with fraud and conspiracy in connection with a scheme to defraud the Oglala Sioux Tribe in South Dakota. The plan entailed misappropriating tribe monies and bonds for individual benefit. His conviction and 14-month prison sentence in 2012 marked a pivotal moment in his life and career.
Post-Prison Settlement
Devon Archer and the Oglala Sioux Tribe reached a $2.2 million settlement in a civil case after he was released from jail. This settlement permitted Archer to continue living his life after serving his term and addressed the financial burden of the fraudulent operation on the tribe. He has been employed as a consultant ever since and has not encountered any new legal issues.
Here is a FAQ about Devon Archer:
Who is Devon Archer?
Devon Archer is a hedge fund manager and former Goldman Sachs banker. He is a co-founder of Helios Management, a hedge fund that specializes in investing in emerging markets. Archer is also a member of the board of directors of several companies, including Palantir Technologies and SoFi.
Why is Devon Archer in the news?
Archer is in the news because he is scheduled to testify before the U.S. House of Representatives on October 31, 2023, about his involvement in the collapse of FTX, a cryptocurrency exchange. Archer was an investor in FTX and served on its board of directors.
What are the allegations against Devon Archer?
Archer is accused of being part of a scheme to defraud investors in FTX. The allegations against Archer include that he:
- Misrepresented the financial condition of FTX to investors
- Engaged in insider trading
- Used FTX customer funds to pay for personal expenses
What has Devon Archer said about the allegations against him?
Archer has denied all of the allegations against him. He has said that he is cooperating fully with the investigation into the collapse of FTX and that he is confident that he will be cleared of any wrongdoing.
What is the likely outcome for Devon Archer?
It is too early to say what the likely outcome is for Archer. The investigation into the collapse of FTX is ongoing, and it is possible that Archer could be charged with crimes. However, it is also possible that Archer will be cleared of any wrongdoing.
What is the impact of the allegations against Devon Archer on the cryptocurrency industry?
The allegations against Archer have damaged the reputation of the cryptocurrency industry. The allegations have also raised concerns about the regulation of the cryptocurrency industry.
Additional facts about Devon Archer:
- Archer is a graduate of Harvard University and Stanford Law School.
- Archer worked at Goldman Sachs from 2006 to 2010.
- Archer co-founded Helios Management in 2011.
- Archer is a member of the board of directors of Palantir Technologies, SoFi, and several other companies.
- Archer is a married father of two.
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