Alva Review-Courier -

Ex-US Rep. Collins gets over 2 years in insider trading case

 

January 17, 2020



NEW YORK (AP) — The first member of Congress to endorse Donald Trump to be president was sentenced Friday to two years and two months in federal prison after admitting he helped his son and others dodge $800,000 in stock market losses when he learned that a drug trial by a small pharmaceutical company had failed.

Ex-Congressman Christopher Collins, 69, was sentenced by U.S. District Judge Vernon S. Broderick in Manhattan after the Republican pleaded guilty in October to conspiracy to commit securities fraud and lying to law enforcement officials.

Collins broke down and apologized to his...



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