From reporting on MSNBC this morning, they have so got this guy, him and his wife, son, daughter in law, and her parents are all so cooked.
He was Bozo's first and biggest supporter in the House when everybody else was still saying No to the Duce.
Chris Collins indicted on insider trading charges
Federal prosecutors in New York on Wednesday charged New York Republican Rep. Chris Collins, his son and another man with 13 counts of securities fraud, wire fraud and false statements stemming from an alleged insider trading scheme centered on an Australian pharmaceutical company.
Collins, who was the first sitting member of Congress to endorse Donald Trump's presidential bid, surrendered Wednesday morning at his attorney's office in Manhattan, according to the FBI.
Prosecutors at the US Attorney's Office for the Southern District of New York alleged in an indictment that Collins and the other defendants used nonpublic information about the results of a drug trial to trade on the stock of the pharmaceutical company, Innate Immunotherapeutics Limited, of which Collins was a board member.
That allowed them, prosecutors allege, to avoid more than $768,000 in losses they would have incurred if they had traded the stock after the drug trial results became public.
Collins "placed his family and friends above the public good," said US Attorney Geoffrey Berman at a news conference Wednesday in New York City.
Berman also stated Collins "cheated our markets and our justice system."
. . . .
The House Ethics Committee last October disclosed that it was investigating Collins for potentially violating federal law and House rules regarding insider trading.
The outside, non-partisan Office of Congressional Ethics began a review of Collins' activity in March 2017 and voted to send its findings to the House ethics panel that July, which can formally launch investigations and recommend any sanctions against any lawmaker it determines has broken any rules.
The ethics committee announced in the release of the report that it would start a review of Collins.
The report details how Collins met with officials at the National Institutes of Health to discuss the development of a drug made by Innate, a company whose board he served on.
"There is a substantial reason to believe that Representative Collins shared material nonpublic information in the purchase of Innate stock, in violation of House rules, standards of conduct, and federal law," according to the report by the non-partisan ethics office, released by the Ethics Committee last fall.
The House Ethics Committee declined to comment on the indictment Wednesday.
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