Aug 9, 2018

U.S. Congressman Collins, son charged with insider trading

U.S. Congressman Collins, son charged with insider tradingBy Brendan Pierson and Jonathan Stempel NEW YORK (Reuters) - Christopher Collins, a Republican U.S. congressman from New York who was one of President Donald Trump's earliest supporters, was criminally charged on Wednesday with taking part in an insider trading scheme involving an Australian biotechnology company on whose board he served. The indictment came as Collins, 68, was seeking a fourth two-year term in November's elections, where Democrats hope to recapture the House of Representatives. "These charges are a reminder that this is a nation of laws, and that everybody stands equal before the bar of justice," U.S. Attorney Geoffrey Berman said at a news conference in Manhattan.




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