O Really wrote: ↑
Sat Jan 18, 2020 10:47 am
Ordinarily I'd prefer courts to mete out harsh financial consequences for financial crimes, but in this case I totally agree to the prison term, and would have gone for the 5 year without parole. This is one total scum bag.
, not scouting!
That's just the start. Not only did Collins share secret bad news with his son about Innate Immunotherapeutics, an Australian biotech where the elder Collins sat on the board, he and his son also agreed that Cameron Collins should dump his Innate stock based on that information.
On top of that, Cameron Collins shared that inside information with his girlfriend, Lauren Zarsky, and her parents, Stephen Zarsky and Dorothy Zarsky.
And as a result, Cameron Collins and Stephen Zarsky also got arrested and, like the then-congressman, pleaded guilty in October. Lauren Zarsky and Dorothy Zarsky faced a civil action from the Securities and Exchange Commission and had to forgo their ill-gotten gains and pay penalties.
The elder Collins blamed himself for all of that and more.
"I've destroyed the reputation of my son," he said. "He's 27. He can't be involved in scouting. He'll probably never have a job."
Plenty of toilet cleaners with records.
Because of the scandal, Collins' wife, Mary, had her credit card canceled, and his daughter Caitlin's brokerage account got canceled, too, he said.
Put out the welcome mat, billy.pilgrim:
... After Broderick issued his sentence, Collins' lawyers said he would like to serve it at the Federal Prison Camp in Pensacola, Fla., which is the nearest such facility to Collins' home in Marco Island, Fla. Broderick said he would recommend that Collins be sent to Pensacola, but the final decision will be up to the U.S. Bureau of Prisons.
As for that $200,000 fine: