GOP congressman from New York charged with insider trading
NEW YORK — Republican U.S. Rep. Chris Collins of western New York state has been indicted on charges that he used inside information about a biotechnology company to make illicit stock trades.
The charges were announced and the indictment unsealed in New York City on Wednesday.
The indictment charges Collins, the congressman’s son and the father of the son’s fiance, with conspiracy, wire fraud and other counts.