Across 33 different transactions on February 13, Burr sold off between $628,000 and $1.72 million of his holdings, according to ProPublica who first reported on the senator’s sell off in March
Daily Mail: FBI raid home of Senator Richard Burr and seize his cellphone amid probe into stock sales he made after classified coronavirus briefings before economy tanked
* FBI officers seized a cellphone belonging to Senator Richard Burr on Wednesday night as part of the Justice Department’s insider trading probe
* Sen. Burr, of North Carolina, surrendered his phone to federal agents after they served a search warrant on the lawmaker at his Washington home
* Burr, the chairman of the Senate Intelligence Committee, sold a large percentage of his stock portfolio in February shortly before the market slumped
* Justice Department are investigating whether Burr violated a law that prevents members of Congress from trading on insider information
* Across 33 different transactions on February 13, Burr sold off between $628,000 and $1.72 million of his holdings, following coronavirus briefings
FBI officers seized a cellphone belonging to Senator Richard Burr on Wednesday night as part of the Justice Department’s investigation into controversial stock trades he made at the beginning of the coronavirus pandemic.
Sen. Burr, of North Carolina, surrendered his phone to federal agents after they served a search warrant on the lawmaker at his home in Washington, an anonymous law enforcement source told the LA Times.
Burr, the chairman of the Senate Intelligence Committee and a member of the health committee, sold a large percentage of his stock portfolio in February shortly before the market slumped and after he began receiving daily briefings on the coronavirus.
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WNU Editor: He is not the only US senator who did stock sales after receiving a classified coronavirus briefing. We shall see if the others will also be raided.
More News On The FBI Raiding The Home Of Senator Richard Burr Amid Probe Into Stock Sales
FBI serves warrant on senator in investigation of stock sales linked to coronavirus -- L.A. Times
FBI serves search warrant on Sen. Richard Burr amid stock trading controversy: report -- The Hill
The FBI seized Republican Sen. Richard Burr's cell phone as part of an investigation into potential insider trading related to coronavirus -- Business Insider
FBI serves warrant on Sen. Richard Burr over coronavirus-related stock sales -- NY Post
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