MAGA: Trumptard Congressman Arrested, to Be Indicted on Insider Trading Charges

exGOPer

exGOPer

Rep. Chris Collins (R-NY) has been arrested and will be indicted on charges of insider trading, Federal prosecutors announced Wednesday morning. (via CNBC)

The indictment (via Buzzfeed’s Michael Hayes) charges Collins and his son with insider trading relating to securities of Innate Immunotherapeutics — an Australian biotech company. Collins, per the indictment, served on the company’s board of directors. According to The New York Times, Collins is accused of selling his stock in the company before a failed test result for one of its drugs was made public. The indictment charges Collins with notifying his son, Cameron Collins, of the failed test just minutes after he learned the news. Cameron is then alleged to have sold the shares — avoiding a loss of approximately $750,000.

Collins gained prominence for being one of the earliest Capitol Hill backers of President Donald Trump. His visibility in the party increased as a result.

In a statement published by the Times, Jonathan Barr and Jonathan New — serving as attorneys for Collins — responded to the allegation.

“We will answer the charges filed against Congressman Collins in court and will mount a vigorous defense to clear his good name,” the lawyers said. “It is notable that even the government does not allege that Congressman Collins traded a single share [of Innate stock].”

https://www.mediaite.com/online/bre...ed-to-be-indicted-on-insider-trading-charges/

"But what about that Dem congressman who did something illegal years ago? My fragile psychological need to support a team outweighs any concern for accountability or justice." - Trumpers, in 15 minutes
 
Trump's Commerce Secretary Wilbur Ross ------------ another weaponized crook , with the messiah's blessing no doubt.


Wilbur Ross alleged to have siphoned more than $120 million from associates, Forbes reports

Trump's commerce chief could be among ‘biggest grifters in American history’: Forbes



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Commerce Secretary Wilbur Ross could rank “among the biggest grifters in American history,” according to a Forbes report that details claims he wrongly siphoned or “outright stole” millions of dollars from former business associates.

The magazine spoke with 21 people who know Ross, who formerly headed private-equity company WL Ross & Co. All told, Forbes said, the allegations come to more than $120 million in aggregate value.
 
Spike Trader said:
Trump's Commerce Secretary Wilbur Ross ------------ another weaponized crook , with the messiah's blessing no doubt.


Wilbur Ross alleged to have siphoned more than $120 million from associates, Forbes reports

Trump's commerce chief could be among ‘biggest grifters in American history’: Forbes



MW-FG894_wilbur_20170301102902_MG.jpg


Commerce Secretary Wilbur Ross could rank “among the biggest grifters in American history,” according to a Forbes report that details claims he wrongly siphoned or “outright stole” millions of dollars from former business associates.

The magazine spoke with 21 people who know Ross, who formerly headed private-equity company WL Ross & Co. All told, Forbes said, the allegations come to more than $120 million in aggregate value.
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This process is also called 'Draining the Swamp' by inducting them to your cabinet.
 
Don't even talk about Trump's Education Secretary Betsy DeVos , her yachts are registered in the Cayman Island ,
Why . . . . ? To avoid paying US taxes.
MAGA . . . . bitches.


Here’s why Betsy DeVos’ family flies the Cayman flag instead of an American one on their yacht

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Last week, someone untied the large yacht owned by Education Secretary Betsy DeVos’ family. The prank resulted in several photos and videos posted of the big family boat and yet another conversation about the DeVos family’s wealth. Those photos and videos showed one strange thing: a Cayman Islands flag instead of America’s stars and bars. Upon further inspection, that yacht isn’t the only family vessel flying a foreign flag.
 
John Kerry Saves $500,000 By Docking 76-Foot Luxury Yacht Out Of State

BOSTON (AP) — Massachusetts Sen. John Kerry is docking his family’s new $7 million yacht in neighboring Rhode Island, allowing him to avoid paying roughly $500,000 in taxes to the cash-strapped Bay State.

If the “Isabel” were kept at the 2004 Democratic presidential nominee’s summer vacation home on Nantucket, or in Boston Harbor near his city residence, he would be liable for $437,500 in one-time sales tax. He would also have to pay $70,000 in annual excise taxes.

Rhode Island repealed those taxes in 1993. That has made the state something of a nautical tax haven.

Kerry spokesman David Wade said Friday the boat is being kept at Newport Shipyard not to evade taxes, but “for long-term maintenance, upkeep and charter purposes.”

Wade noted the vessel was designed by Rhode Island boat designer Ted Fontaine and purchased in the state. It was built in New Zealand by Friendship Yachts.

A Department of Revenue spokesman said Kerry would be liable for Massachusetts taxes if he berthed the boat in the Bay State within six months of its purchase. If the “Isabel” were brought to Massachusetts after that period, the state would have to decide if it wanted to pursue the taxes.

Massachusetts, like most other states, has been grappling with plunging tax revenues. Last year’s budget decifict was $600 million, and officials are bracing for a $1 billion deficit this year.

The 76-foot sloop has two cabins, a pilot house fitted with a wet bar and cold wine storage, according to the Boston Herald, which first reported its Rhode Island berthing. It derives its moniker from the middle name of Kerry’s mother and the name his wife, Teresa Heinz, planned to give a daughter.

Instead, she had three sons.

Coast Guard registration records show the vessel is owned by Great Point LLC, a limited liability corporation based in Pittsburgh, Heinz’s longtime home. The millionaire heiress to the Heinz ketchup fortune is a philanthropist and environmentalist.


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Arnie said:
John Kerry Saves $500,000 By Docking 76-Foot Luxury Yacht Out Of State

BOSTON (AP) — Massachusetts Sen. John Kerry is docking his family’s new $7 million yacht in neighboring Rhode Island, allowing him to avoid paying roughly $500,000 in taxes to the cash-strapped Bay State.

If the “Isabel” were kept at the 2004 Democratic presidential nominee’s summer vacation home on Nantucket, or in Boston Harbor near his city residence, he would be liable for $437,500 in one-time sales tax. He would also have to pay $70,000 in annual excise taxes.

Rhode Island repealed those taxes in 1993. That has made the state something of a nautical tax haven.

Kerry spokesman David Wade said Friday the boat is being kept at Newport Shipyard not to evade taxes, but “for long-term maintenance, upkeep and charter purposes.”

Wade noted the vessel was designed by Rhode Island boat designer Ted Fontaine and purchased in the state. It was built in New Zealand by Friendship Yachts.

A Department of Revenue spokesman said Kerry would be liable for Massachusetts taxes if he berthed the boat in the Bay State within six months of its purchase. If the “Isabel” were brought to Massachusetts after that period, the state would have to decide if it wanted to pursue the taxes.

Massachusetts, like most other states, has been grappling with plunging tax revenues. Last year’s budget decifict was $600 million, and officials are bracing for a $1 billion deficit this year.

The 76-foot sloop has two cabins, a pilot house fitted with a wet bar and cold wine storage, according to the Boston Herald, which first reported its Rhode Island berthing. It derives its moniker from the middle name of Kerry’s mother and the name his wife, Teresa Heinz, planned to give a daughter.

Instead, she had three sons.

Coast Guard registration records show the vessel is owned by Great Point LLC, a limited liability corporation based in Pittsburgh, Heinz’s longtime home. The millionaire heiress to the Heinz ketchup fortune is a philanthropist and environmentalist.


donut-a63d2a21ca5f04f551be212a9496d4deba5d40f4bcb801f34ba14f27bb3bb32a.svg
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At least its in The US and Kerry and his wife have a vacation home in RI.RI is also a better place to sail from and Kerry votes for and supports himself paying higher taxes.
 
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