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  • Former Rep. Chris Collins Sentenced to 26 Months in Prison

    01/18/2020 2:39:08 PM PST · by nickcarraway · 35 replies
    NY1 ^ | JAN. 17, 2020 | Jeevan Vittal, BOBBY CUZA
    Former Congressman Chris Collins has learned his fate in his federal insider trading case. A U.S. District judge sentenced him to 26 months in prison Friday. He was also fined $200,000. Collins pleaded guilty to securities fraud conspiracy and making false statements to the FBI. He was sentenced in federal court in Manhattan. It’s the culmination of a case that began back in August 2018 when Collins was first arrested and charged with this insider trading scheme. He maintained his innocence and won re-election. Then last year, he reversed course, pleaded guilty, and resigned from his office in Congress. Collins...