Financier convicted in two securities-fraud schemes

Jason Galanis

a.k.a. “The Fall Guy”

He was a repeat fraudster: one stock-manipulation scheme and one tribal-bond scheme, 189 months in all. He cooperated with House Republicans looking into the Bidens. His sentence was commuted with “no further fines, restitution, probation, or other conditions.”

Rap sheet

Convicted of: Securities fraud and investment adviser fraud (Gerova and tribal-bond schemes) [3]
Court: Southern District of New York [3]
Sentenced: September 24, 2020 (resentencing): 189 months; $80,817,513.43 restitution; $80,869,117.10 forfeiture [3]
Granted: Commutation to time served, March 28, 2025, with “no further fines, restitution, probation, or other conditions” [2]

The receipt

PARDONMAXXING JASON GALANIS - - - - - - - - - - - - - - - - - - -

Wiped off the books

Restitution [2][3] $80,817,513
Prison [2] Remainder of a 189-month sentence

- - - - - - - - - - - - - - - - - - -

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Gold is money that was reportedly spent near the President’s orbit. Red is what the grant wiped away. We list what was reported and when. We don’t claim one caused the other. How we count.

Timeline

September 24, 2020 The law Resentenced to 189 months for both schemes. [3]
undefined 2023 Meanwhile Cooperates with House Republicans’ inquiry into the Biden family. [4]
March 28, 2025 The pardon Commuted to time served. [2][4]

Detective’s notes

Commentary

A Trump administration official told Fox News he was “the fall guy” for Hunter Biden and Devon Archer. His victims have their own name for him. It isn’t that.

Sources

Clemency grants by President Donald J. Trump, 2025–present (archived Sept. 20, 2026) U.S. Department of Justice, Office of the Pardon Attorney, via the Internet Archive
Signed clemency warrant: Jason Galanis U.S. Department of Justice, Office of the Pardon Attorney · March 28, 2025
Jason Galanis sentenced for multiple securities fraud schemes U.S. Department of Justice · September 24, 2020
Trump commutes prison sentence of “Hunter Biden’s fall guy” Jason Galanis Fox News · April 1, 2025