August 08, 2018
Rep. Chris Collins (R-N.Y.) has been arrested and charged with insider trading by the Justice Department.
GOP Rep. Chris Collins charged with insider trading
Collins, President Trump's top defender on Capitol Hill, turned himself in to the FBI on Wednesday morning, according to multiple reports.
An indictment from a grand jury also charges Collins's son, Cameron Collins, and Stephen Zarsky, the father of his fiancee.
The indictment relates to securities of Innate Immunotherapeutics, an Australian biotechnology company where Rep. Collins served on the board.
Prosecutors allege that Collins gave nonpublic information about drug trial results to his son to help him "make timely trades in Innate stock and tip others."
The U.S. Attorney's Office for the Southern District of New York will hold a press conference at noon on Wednesday to announce the charges against Collins.
The U.S. Attorneys Office declined to offer more details to The Hill.
"We will answer the charges filed against Congressman Collins in Court and will mount a vigorous defense to clear his good name," Collins's attorneys said in a statement posted on his website.
"It is notable that even the government does not allege that Congressman Collins traded a single share of Innate Therapeutics stock. We are confident he will be completely vindicated and exonerated."
The statement indicated that Collins would address the charges later on Wednesday.
An Office of Congressional Ethics report earlier this year found that Collins may have violated federal law by sharing nonpublic information with investors of the Australian pharmaceutical company.
Multiple GOP lawmakers told The Hill last year that Collins had boasted about making money for other members of Congress by urging them to invest in the company, of which he is the largest stockholder.
Related Stories
Latest News
Top news around the world
Coronavirus Disease

Coronavirus disease (COVID-19) is an infectious disease caused by a newly discovered coronavirus.

Most people infected with the COVID-19 virus will experience mild to moderate respiratory illness and recover without requiring special treatment. Older people, and those with underlying medical problems like cardiovascular disease, diabetes, chronic respiratory disease, and cancer are more likely to develop serious illness.

Around the World

Celebrity News

> Latest News in Media

Watch It
Teresa's engagement, Lala's breakup and more Virtual RealiTea drama | Page Six Celebrity News
October 22, 2021
pL6thz9zRWc
Cynthia Bailey wants to protect husband Mike Hill from ‘reality TV curse’ | Page Six Celebrity News
October 22, 2021
TO1ltz90FV0
De Niro’s estranged wife won’t get half of his acting income | Page Six Celebrity News
October 22, 2021
SIQj1AuioZs
Sisqo Has Advice For Drake On Dealing With Impostors, Don't Sue Them | TMZ
October 23, 2021
VkjnwYMtkRo
Snoop Dogg's 50th Birthday Party, Fully Lit Old School Playas Ball | TMZ TV
October 22, 2021
kc62svaZeVo
Leslie Jordan Conflicted Over Dave Chappelle Special and Netflix Controversy | TMZ TV
October 22, 2021
te1ul4AYesM
Issa Rae and Yvonne Orji Dish on Season 5 of ‘Insecure’
October 23, 2021
KA7ZEjY3rvk
Kristen Stewart Opens Up on 'Eternals' LGBTQ Inclusion, Ruby Rose Battles with WarnerBros | The Take
October 22, 2021
7d3MFpaP2L8
AT&T Stock Falls Following Q3 Earnings Results
October 21, 2021
LZNkmpoVefA
JoJo Siwa's MAJOR "DWTS" Hair Transformation
October 23, 2021
4cF2KFqVccI
Kendall Jenner & Devin Booker's Courtside PDA
October 23, 2021
Zfp0pDcZAJU
Necessary Realness: Kravis Engaged & Scott Disick's Red Flags | E! News
October 23, 2021
qxT1EMh6s3o
TV Schedule
Late Night Show
Watch the latest shows of U.S. top comedians

Sports

Latest sport results, news, videos, interviews and comments
Latest Events
19
Nov
ASIAN CHAMPIONS LEAGUE: Group H
Sydney FC - Shanghai SIPG
17
Nov
UEFA NATIONS LEAGUE A: Group Stage
Spain - Germany
14
Nov
UEFA NATIONS LEAGUE A: Group Stage
Germany - Ukraine
08
Nov
ENGLAND: Premier League
Manchester City - Liverpool
08
Nov
ENGLAND: Premier League
Arsenal - Aston Villa
08
Nov
SPAIN: La Liga
Valencia - Real Madrid
08
Nov
ITALY: Serie A
AC Milan - Verona
08
Nov
ENGLAND: Premier League
West Bromwich Albion - Tottenham Hotspur
08
Nov
ITALY: Serie A
Bologna - Napoli
08
Nov
ITALY: Serie A
Genoa - Roma
08
Nov
ITALY: Serie A
Atalanta - Inter Milan
08
Nov
ITALY: Serie A
Lazio - Juventus
08
Nov
GERMANY: Bundesliga
Bayer Leverkusen - Borussia Monchengladbach
08
Nov
ENGLAND: Premier League
Leicester City - Wolves
08
Nov
GERMANY: Bundesliga
Wolfsburg - Hoffenheim
08
Nov
SPAIN: La Liga
Real Valladolid - Athletic Bilbao
08
Nov
SPAIN: La Liga
Levante - Alaves
08
Nov
SPAIN: La Liga
Real Sociedad - Granada CF
08
Nov
ITALY: Serie A
Torino - Crotone
08
Nov
SPAIN: La Liga
Getafe - Villarreal
07
Nov
GERMANY: Bundesliga
Borussia Dortmund - Bayern Munich
07
Nov
ENGLAND: Premier League
Everton - Manchester United
07
Nov
ENGLAND: Premier League
Chelsea - Sheffield United
07
Nov
SPAIN: La Liga
Atletico Madrid - Cadiz
07
Nov
SPAIN: La Liga
Barcelona - Real Betis
07
Nov
GERMANY: Bundesliga
Augsburg - Hertha Berlin
07
Nov
GERMANY: Bundesliga
Stuttgart - Eintracht Frankfurt
07
Nov
GERMANY: Bundesliga
RB Leipzig - SC Freiburg
07
Nov
ENGLAND: Championship
Rotherham - Preston NE
07
Nov
ITALY: Serie A
Parma - Fiorentina
07
Nov
ENGLAND: Championship
Watford - Coventry
07
Nov
ENGLAND: Championship
Norwich City - Swansea City
07
Nov
ENGLAND: Championship
Blackburn - QPR
07
Nov
ENGLAND: Championship
Derby County - Barnsley
07
Nov
ENGLAND: Championship
Huddersfield - Luton
07
Nov
ENGLAND: Championship
Nottingham Forest - Wycombe Wanderers
07
Nov
ENGLAND: Premier League
West Ham United - Fulham
07
Nov
ENGLAND: Championship
Sheffield Wednesday - Millwall
07
Nov
ENGLAND: Championship
Brentford - Middlesbrough
07
Nov
ENGLAND: Championship
Birmingham - Bournemouth
07
Nov
SPAIN: La Liga
Sevilla - Osasuna
07
Nov
ITALY: Serie A
Benevento - Spezia
07
Nov
ENGLAND: Premier League
Crystal Palace - Leeds
04
Nov
CHAMPIONS LEAGUE: Group stage, Group G
Ferencvaros - Juventus
04
Nov
CHAMPIONS LEAGUE: Group stage, Group G
Barcelona - Dynamo K.
03
Nov
CHAMPIONS LEAGUE: Group stage, Group A
Salzburg - Bayern Munich
03
Nov
CHAMPIONS LEAGUE: Group stage, Group D
Atalanta - Liverpool
Find us on Instagram
at @feedimo to stay up to date with the latest.
Featured Video You Might Like
zWJ3MxW_HWA L1eLanNeZKg i1XRgbyUtOo -g9Qziqbif8 0vmRhiLHE2U JFCZUoa6MYE UfN5PCF5EUo 2PV55f3-UAg W3y9zuI_F64 -7qCxIccihU pQ9gcOoH9R8 g5MRDEXRk4k
Copyright © 2020 Feedimo. All Rights Reserved.