Thursday, March 26, 2020

Republican Senator Facing Fraud Charges Over Insider Trading Scandal

Republican Senator Richard Burr has been hit with a securities fraud lawsuit, claiming that he engaged in fraud when he used his classified intelligence as grounds to sell off his stocks before they tanked. 

The lawsuit says that the Senator used nonpublic information to make these decisions, and that this is an illegal practice. 

Burr might be the first of many members of Congress to face such lawsuits, as Ring of Fire's Farron Cousins explains.



https://www.politico.com/news/2020/03/23/richard-burr-lawsuit-coronavirus-145564

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