August 8, 2018

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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WE CAME UP SHORT.

We just wrapped up a shorter-than-normal, urgent-as-ever fundraising drive and we came up about $45,000 short of our $300,000 goal.

That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

So we urgently need this specific ask, what you're reading right now, to start bringing in more donations than it ever has. The reality, for these next few months and next few years, is that we have to start finding ways to grow our online supporter base in a big way—and we're optimistic we can keep making real headway by being real with you about this.

Because the bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. We really need to see if we'll be able to raise more with this real estate on a daily basis than we have been, so we're hoping to see a promising start.

payment methods

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