Insider...

Federal prosecutors announced indictments of the Buffalo-area congressman, his son and a friend on charges of conspiracy to commit securities fraud.

He was at the Congressional Picnic on the South Lawn of the White House last summer when he received an email from the head of a drug company in which he was heavily invested. The company’s only product  an experimental treatment for multiple sclerosis had just failed a do-or-die scientific trial.  Within minutes, Mr. Collins frantically called his son who, in the days that followed, sold off his stock, avoiding losses of more than $570,000, prosecutors said.

Chris Collins, 68, backed Trump on Feb. 24, 2016 well before it was clear Trump had a shot at winning the Republican nomination in a crowded field of seasoned politicians.