Chris Collins set to change his plea on biotech insider trading scandal, exiting House seat
Chris Collins never lost the support of base Republican voters when the feds came down hard on his alleged involvement in an insider trading scandal linked to a high-risk Australian biotech company. But that may not keep him out of prison.
The New York Republican sent in his letter of resignation — effective today — as Collins will reportedly soon plead guilty to the trading scandal. There’s no word if he has struck a deal with prosecutors.
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