New York congressman resigns ahead of insider trading plea

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New York congressman resigns ahead of insider trading plea
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Chris Collins, a Republican U.S. congressman from New York state, resigned on Mo...

NEW YORK/WASHINGTON - Chris Collins, a Republican U.S. congressman from New York state, resigned on Monday ahead of his expected guilty plea in a criminal insider trading case.

A spokesman for U.S. Attorney Geoffrey Berman, whose office is prosecuting the case, declined to comment, as did Mauro Wolfe, a lawyer for Zarsky.Chris Collins, an early supporter of President Donald Trump, represents New York’s 27th Congressional District, which includes areas surrounding Buffalo and Rochester. He won reelection last November, three months after he was criminally charged.

Collins immediately told the trial failure news to his son, who in turn told his fiancée, Lauren Zarsky, and her parents, Dorothy and Stephen Zarsky, prosecutors allege.

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