Thursday, October 29, 2020

GOP Rep. Chris Collins resigns ahead of pleading guilty to insider trading charges

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Republican congressman Chris Collins has resigned from congress just before he is expected to change his plea from “not guilty” to “guilty”.

The congressman was charged with insider trading in 2018, alongside his son and the father of his son’s fiancee.

Mr Collins was first elected to Congress in November 2012. He narrowly won his district in 2018.

Court document reveals, Collins is expected to plead guilty to federal charges of insider trading.

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