Former GOP Rep. Chris Collins pleads guilty to insider trading charges

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Former GOP Rep. Chris Collins pleads guilty to insider trading charges
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JUST IN: Former GOP Rep. Chris Collins pleads guilty to insider trading charges, hours after he resigned his New York congressional seat.

Former GOP Rep. Chris Collins on Tuesday pleaded guilty to charges related to insider trading, hours after he resigned his New York congressional seat.

His son Cameron Collins, as well as Stephen Zarsky, the father of Cameron Collins' fiancée, were also charged with insider trading. The men were also charged with lying to the FBI in interviews to cover up the alleged scheme.to House Speaker Nancy Pelosi. His resignation became official on Tuesday after the letter was read on the House floor.

” on Monday, suggesting that the scandal has not hampered the GOP's grip on the area. Under New York State law, Gov. Andrew Cuomo, a Democrat, has the authority to set a date for a special election to fill the seat., a small Australian pharmaceutical company, for three years until 2017 and was one of its biggest shareholders with a nearly 17 percent ownership stake.

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