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Four Sentenced For Elaborate Insider Trading Scheme At Manhattan Hedge Fund
A Fairfield County resident was among four men sentenced for an elaborate insider trading scheme that net a Manhattan hedge fund millions of dollars in profit.
For five years, 42-year-old David Blaszczak, a political intelligence consultant from Isle of Palms, South Carolina, was able to obtain confidential, non-public information from members of Centers for Medicine and Medicaid Services - including Christopher Worrall, 40, of Linthicum Heights, Maryland, who was a government employee there, according to Robert Khuzami, the Attorney for the Southern District of New York.
Blaszczak then pr…
New York Congressman Arrested On Insider Trading Charges
A Republican Congressman from New York has been indicted on charges that claim he used insider information about a biotechnology company to make stock trades.
Chris Collins, who represents a district in western New York was charged - along with his son, Cameron and Cameron's fiancée's father, Stephen Zarsky - with a host of charges, including conspiracy, securities fraud, wire fraud, and making false statements to the FBI, according to an indictment released on Wednesday.
Collins, 68, had been under investigation by the Office of Congressional Ethics for his connection to Innate Immunothera…
