Rep. Chris Collins likely to plead guilty to insider trading Tuesday

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Rep. Chris Collins likely to plead guilty to insider trading Tuesday
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JUST IN: NY Republican Rep. Collins is resigning his House seat, a source familiar with the matter tells NBCNews; Collins is likely to plead guilty Tuesday to charges relating to insider trading, according to court documents.

The first member of Congress to announce his support for Donald Trump's presidential bid is likely to plead guilty Tuesday to, R-N.Y., is scheduled to appear for a"change of plea" hearing in a Manhattan courtroom at 3 p.m. Tuesday. Collins pleaded not guilty to insider trading and several other charges when he was first indicted in 2018. Experts say the hearing means he is likely changing his plea to guilty.

In a news conference following his indictment, Collins said,"I believe I acted properly and within the laws at all times."Aug. 8, 2018Cameron Collins and Zarsky will also have change of plea hearings Tuesday, and are also likely to change pleas of not guilty to guilty.

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