Rep. Chris Collins Arrested by the FBI for Insider Trading

The New York Republican was the first congressman to back Donald Trump.

D. Myles Cullen/ZUMA

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Rep. Chris Collins (R-N.Y.) has been arrested on charges related to insider trading, the Justice Department announced. The congressman from New York surrendered to federal authorities Wednesday morning, according to NBC News.

The indictment by the US Southern District of New York also named Collins’ son Cameron and Stephen Zarsky, the father of Cameron’s fiancee, as defendants. 

In February 2016, Collins became the first member of Congress to endorse then-candidate Donald Trump’s presidential run. A press conference detailing the charges against Collins is scheduled for noon Thursday.

This is a breaking news post. We will update as more information becomes available. 

Read the indictment below:

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You just sent an incredible message: that quality journalism doesn't have to answer to advertisers, billionaires, or hedge funds; that newsrooms can eke out an existence thanks primarily to the generosity of its readers. That's so powerful. Especially during what's been called a "media extinction event" when those looking to make a profit from the news pull back, the Mother Jones community steps in.

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