NY Republican Rep Chris Collins indicted of insider trading charges.

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Newszents: A Republican Representative from Upstate New York, Chris CollinsĀ  has been indicted along with his son Cameroon and Stephen Zarsky the father of his son’ fiancee on the charges of insider trade.

Rep Collins submitted to FBI today Wednesday for using his position on the board of an Australian biotech Company to help his family make illicit stock trade and was able to avoid $768,000 in losses.

Collins 68, faces other charges including lying to FBI during the interview.

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