he has represented the suburb
of rochester and buffalo.
he was one of president
trump's earlier backers in
congress.
he is denying any wrongdoing.
his attorneys issuing a state
ment saying they will
defend the charges in court
and they expect him to be
exonerated.
brian has more from the
newsroom.
>> chris collins surrendered
to the f.b.i. around 7:00 this
morning and he is been charged
with the federal insider
trading related to an
australian biotechnology
company called innate immuno
therapeutics incorporated.
his son and the father of the
fiancÉe also face insider
trading charges.
the company was developing a
drug to treat multiple
sclerosis and they are saying
collins knew it failed the