GOP congressman from New York charged with insider trading

Staff Writer

NEW YORK (AP) — Republican U.S. Rep. Christopher Collins of western New York state was arrested Wednesday on charges he fed inside information he gleaned from sitting on the board of a biotechnology company to his son, helping themselves and others dodge hundreds of thousands of dollars in losses when bad news came out.
Collins, 68, is a staunch supporter of President Donald Trump who was among the first two sitting members of Congress to endorse his candidacy for the White House.
An indictment unsealed in Manhattan federal court charges Collins, the congressman’s son and the father of the son’s fiancee with conspiracy, securities fraud, wire fraud and making false statements to the FBI...To read more, please refer to our print or online edition.

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