Report: Collins Turned Down Plea Deal for Insider Trading Case
Source: Roll Call
Embattled Rep. Chris Collins reportedly turned down a plea deal over the insider trading charges he was indicted on.
The Buffalo News cited two sources who wished to not be identified saying that the congressman had been offered a deal, but they did not disclose the terms. Lawyers for Collins and the U.S. attorney for the Southern District of New York declined to comment to the newspaper.
Collins was indicted earlier this month for securities fraud after allegedly tipping off his son and his son Cameron Collins fiances family about stocks for an Australian company of which Collins was member of the board.
In a case like this, prosecutors usually play the family card, Paul Cambria, a Buffalo defense attorney, told the newspaper. The father would plead guilty in order to get concessions for the son. I would be shocked if that werent part of the deal.
Read more: http://www.rollcall.com/news/politics/report-collins-turned-down-plea-deal-for-insider-trading-case
JaneQPublic
(7,113 posts)Lindsay
(3,276 posts)Blanket pardons for the entire Republican party, unless it's somebody who has made The Donald angry.
cstanleytech
(26,298 posts)why he is holding out.
After all it kind of would suck to take a plea for federal charges only to then get put on trial for essentially the same thing but by the state.
Izzy Blue
(282 posts)"Lawyers for Collins and the U.S. attorney for the Southern District of New York declined to comment to the newspaper."
Brother Buzz
(36,444 posts)The United States District Court for the Southern District of New York
Julian Englis
(2,309 posts)The US Attorney for the Southern District of NY is a federal appointee who handles federal legal issues that originate the SD of NY.
jcgoldie
(11,631 posts)Its federal.
Izzy Blue
(282 posts)Does the SDNY have any recourse if Trump pardons?