Manhattan federal prosecutors wrote Wednesday that more than a month has passed since convicted fraudster Devon Archer received a demand for payment of the debt – and he now owes his victims a tota…
out of tens of millions of dollars hasn’t paid a cent back to his victims as ordered by a New York judge, according to court filings.
Prosecutors are now seeking to seize property controlled by Archer from a trust company and a life insurance company in order to begin repaying his victims, according to the court filing. “Archer became a key player in the scheme, anticipating that, when the scheme succeeded, he would helm the resulting conglomerate and, ultimately, reap massive profits from its sale,” prosecutors wrote in a sentencing submission for Archer. FOX News/Tucker Carlson Tonight
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