GOP Congressman Chris Collins (NY) arrested for insider trading/securities fraud

HailToTheDeacons said:

This isn't Riyadh. You know they're not gonna saw your hands off here, alright? The worst they would ever do is they would put you for a couple of months into a white-collar, minimum-security resort! Shit, we should be so lucky! Do you know, they have conjugal visits there?

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The sources, who asked not to be identified, say Collins has heeded the advice of his criminal attorneys who fear the potential complications of protracted election law challenges almost sure to be initiated by Democrats if he removed his name from the congressional ballot.

“It’s very fair to say there’s been a drastic shift,” said one of the sources, referring to the congressman’s earlier commitment to cooperate with local GOP officials and step aside for a substitute candidate. One GOP source noted the decision has always remained an option for Collins and that Republican strategists were prepared for his continuing presence on the ballot; but other sources remain unhappy that the move derails efforts to find a substitute candidate.

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Rep. Chris Collins resigned Monday, a day before he is expected to plead guilty Tuesday to federal charges stemming from an insider trading scheme that prosecutors first detailed in an indictment nearly 14 months ago.

Drew Hammill, a spokesman for House Speaker Nancy Pelosi, said her office received Collins' resignation letter Monday. Hammill said Collins' resignation will become effective Tuesday.

A new court filing in the case, filed in federal court in Manhattan, shows that U.S. District Court Judge Vernon S. Broderick scheduled a court hearing where Collins – who had pleaded not guilty to all the charges against him – will change his plea.

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PhDeac said:

The GOP base is stupid too.

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