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Ex-congressman Chris Collins pleads guilty in insider trade case involving Australian company

SBS Tuesday, 1 October 2019
Former Republican congressman Chris Collins has pleaded guilty in an insider trading case involving Australian biotech company Innate Immunotherapeutics.
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News video: U.S. Rep. Chris Collins Pleads Guilty To Insider Trading Charges

U.S. Rep. Chris Collins Pleads Guilty To Insider Trading Charges 01:21

Collins pleaded guilty to making false statements and conspiracy to commit securities fraud. He faces up to five years in prison for each.

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