Collins used campaign funds to pay for legal services for more than a year
Source: The Hill
Indicted Rep. Chris Collins (R-N.Y.) spent more than $200,000 in campaign funds since mid-2017 to pay the law firm defending him against securities fraud and insider trading charges, Federal Election Commission (FEC) filings show.
Collins's campaign paid law firm Baker Hostetler almost monthly for legal services related to the ethics inquiries into Collins, a spokesman for the lawmaker's legal team confirmed to CNBC.
A federal indictment unsealed by prosecutors in Manhattan on Wednesday accuses Collins of using his position on the board of Australian drug-maker Innate Immunotherapeutics to provide nonpublic information to his son and others that helped them avoid stock losses.
His son, Cameron Collins, and Stephen Zarsky, the father of Cameron's fiancé, were also charged with multiple counts of securities and wire fraud on Wednesday. They have all pleaded not guilty.
Read more: http://thehill.com/homenews/campaign/401142-collins-used-campaign-money-to-pay-for-legal-services-in-ethics-probes
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Move over boys - make some room for the Collins gang.
