The Buffalo News reports:
Rep. Chris Collins plans to change his not guilty plea in the criminal insider trading case against him, federal court records showed Monday morning. U.S. District Court Judge Vernon S. Broderick scheduled a court hearing in the case for Tuesday.
Moments after that docket entry was filed, a second appeared, indicating that Collins’ co-defendants – his son Cameron Collins and Cameron Collins’ prospective father-in-law, Stephen Zarsky – plan to change their not-guilty pleas as well. A hearing in their case is set for Thursday.
All three men are charged with fraud, conspiracy and lying to the FBI. They were arrested in August 2018 in connection with an alleged insider trading scheme involving Innate Immunotherapeutics, an Australian biotech.
BREAKING: Rep. Chris Collins, the first Trump-supporting congress member, will change his plea tomorrow in insider trading case.
— Adam Klasfeld (@KlasfeldReports) September 30, 2019
New York Rep. Chris Collins is expected to plead guilty Tuesday to federal charges in an insider trading case in which he was originally charged in August 2018, according to court documents filed Monday and a person familiar with the matter.
— erica orden (@eorden) September 30, 2019
Chris Collins is going to jail. Poised to plead guilty to insider trading tomorrow.
Here’s an old intro to catch you up on this little sh**bird. https://t.co/e6NppaFiSr
— The Hoarse Whisperer (@HoarseWisperer) September 30, 2019