'Shattered' ex-congressman weeps at sentencing over Australian stocks

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A disgraced former US congressman and one of US President Donald Trump's most ardent supporters has been sentenced to prison for an illegal stock tip about an Australian Stock Exchange-listed biotech firm

Another former congressman Tom Price, who was Trump's Health Secretary before resigning, also became an Innate shareholder.

One minute later he called his son, Cameron Collins, they traded six missed calls between 7.11pm and 7.15 pm and at 7.16 pm they spoke for more than six minutes.Collins knew the shares would tank when the information was made public. Innate's stock price subsequently crashed, dropping 92 per cent on the first trading day following the public announcement of the drug trial failure.

 

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Break the law and you go to jail.

hughriminton This guy nominated trump. Not surprised.

hughriminton Welcome to Trumpland ... Womp Womp!

Many of the Don's associates are really connected, and crooked.

who is Donald Trump?

Aerotyne? wolfofwallst

Very hypocritical making an examlpe of 1 person.........so many break this Law regularly. ....hardly any convictions. ...disgusting

So What! Nothing to do with Trump Meanwhile: Closer to Home Prime Minister Malc0lm Turdbull personally linked to a second multi-million-dollar fraud of taxpayer’s money

He was sick of winning for trump?

And...who benefitted from this “tip”?

RitaPanahi any comment?

SEE other countries, even the USA jail's former con gressman. another supporter of donald See Australia it's good for their souls to be locked up. for a crime or two.

and Trumps odds of being re-elected keep shortening, don’t ever expect to hear anything but an anti Trump sentiment in Australian media though.

Looks like only the best people are Trump supporters.

Shorewife I am on my second bingo card of Trump associates either convicted or in prison...

It is usually considered news when realDonaldTrump associate's are not put in jail.

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