AGL 37.90 Decreased By ▼ -0.04 (-0.11%)
AIRLINK 160.05 Increased By ▲ 4.83 (3.11%)
BOP 8.95 Decreased By ▼ -0.12 (-1.32%)
CNERGY 6.85 Increased By ▲ 0.13 (1.93%)
DCL 10.07 Increased By ▲ 0.54 (5.67%)
DFML 40.15 Decreased By ▼ -0.16 (-0.4%)
DGKC 92.10 Decreased By ▼ -0.85 (-0.91%)
FCCL 38.13 Decreased By ▼ -0.25 (-0.65%)
FFBL 78.35 Decreased By ▼ -0.23 (-0.29%)
FFL 13.45 Decreased By ▼ -0.15 (-1.1%)
HUBC 113.75 Increased By ▲ 3.56 (3.23%)
HUMNL 14.61 Decreased By ▼ -0.28 (-1.88%)
KEL 5.62 Decreased By ▼ -0.11 (-1.92%)
KOSM 8.23 Decreased By ▼ -0.24 (-2.83%)
MLCF 44.90 Decreased By ▼ -0.76 (-1.66%)
NBP 74.80 Decreased By ▼ -1.37 (-1.8%)
OGDC 192.29 Increased By ▲ 0.42 (0.22%)
PAEL 31.69 Increased By ▲ 1.21 (3.97%)
PIBTL 8.72 Increased By ▲ 0.56 (6.86%)
PPL 166.90 Increased By ▲ 0.34 (0.2%)
PRL 31.37 Increased By ▲ 1.93 (6.56%)
PTC 22.08 Increased By ▲ 2.01 (10.01%)
SEARL 97.25 Increased By ▲ 0.63 (0.65%)
TELE 8.48 Increased By ▲ 0.21 (2.54%)
TOMCL 34.90 Increased By ▲ 0.64 (1.87%)
TPLP 11.10 Increased By ▲ 0.88 (8.61%)
TREET 18.56 Increased By ▲ 0.90 (5.1%)
TRG 60.99 Decreased By ▼ -0.26 (-0.42%)
UNITY 32.00 Increased By ▲ 0.03 (0.09%)
WTL 1.53 Increased By ▲ 0.06 (4.08%)
BR100 11,245 Increased By 28.8 (0.26%)
BR30 33,928 Increased By 278 (0.83%)
KSE100 104,819 Increased By 259.6 (0.25%)
KSE30 32,434 Increased By 67.9 (0.21%)

Former US lawmaker Chris Collins, President Donald Trump's first supporter in Congress, was sentenced Friday to more than two years in jail for his role in an insider trading scheme.

The New York Republican was arrested and indicted in 2018 for insider trading of stock in an Australian biotech firm, including sending illicit tips from the White House lawn during a congressional picnic.

The judge in the Southern District of New York's US District Court rejected pleas for probation and sentenced Collins, 69, to 26 months on counts of insider trading and lying to investigators, sentences that are to run concurrently, an officer of the court said.

He was also fined $200,000.

Collins won re-election in November 2018 despite the indictment hanging over him. Last September he announced he was resigning from the House of Representatives, and the following month changed his plea to guilty.

Copyright Agence France-Presse, 2020

Comments

Comments are closed.