Delaware Liberal

Indictments Taking Toll in Mike Ramone Style Insider Trading Case

Just like Mike Ramone, NY Rep. Chris Collins used privileged information to net a windfall. Unlike Ramone, Collins lives in a state where financial crimes are prosecuted. As a result, donations to Collins reelection campaign have dropped off a cliff.

Since Rep. Chris Collins (R-N.Y.) was indicted on insider trading charges in August, donations to his reelection campaign have plummeted, according to his latest quarterly filing to the Federal Election Commission this month.

The National Republican Congressional Committee cut him off, resulting in a 71 percent drop-off in donations from July.

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