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Dr. Dena Grayson @DrDenaGrayson
, 7 tweets, 5 min read Read on Twitter

@GOP Rep Chris Collins charged w/MULTIPLE #felonies👉🏼securities fraud, wire fraud & false statements for alleged insider trading w/his son‼️

Collins was the 1st sitting member of Congress to endorse Trump's presidential bid.🙄

The #indictment also charges Collins’ son Cameron Collins & the father of his fiancée, Stephen Zarsky.

Collins was a board member of biotech firm Innate Immunotherapeutics & allegedly gave his son insider info that was used to make timely stock trades.🤬…
Disgraced former HHS Secretary Tom Price also invested in Innate Therapeutics, based on a tip he allegedly received from Collins, who sat on the company’s board.🙄


As part of the federal CRIMINAL #indictment, the Feds are SEIZING assets from @GOP Rep. Chris Collins, his son, and another co-conspirator.😎

Collins himself did not sell shares based on insider info, but:

1) he already faced scrutiny for Innate by the Office of Congressional Ethics
2) his shares were held in #Australia where trading of Innate was halted so he couldn't trade, unlike his son & others (traded in the US)
Chris Collins also sponsored bills that would have benefited Innate Therapeutics, **while he was the TOP shareholder**.🙄


.@GOP Rep Chris Collins claims he didn’t commit insider trading b/c he didn’t trade shares himself.

But Collins **could NOT** have traded his shares, b/c they were held in #Australia👉🏼AUS stock exchange halted trading of Innate, unlike the US.🙄

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