Wednesday, August 8, 2018

New York GOP Rep. Chris Collins Arrested on Insider Trading Charges



Rep. Chris Collins, R-N.Y. was arrested Wednesday morning on federal insider trading charges, law enforcement officials said.

An indictment obtained from a federal grand jury relates to Australian biotech company Innate Immunotherapeutics, on which Collins served as a board member.

It alleges Collins, 68 scrambled to call his son from the White House lawn and tell him non-public information about a failed drug trial in which they both owned shares.\

Click here for the full article. 

Source: CNBC (via Empire Report New York) 

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