GOP Senator Richard Burr’s insider trading scandal just got a whole lot uglier
Just before the coronavirus got so ugly that it imploded the economy and took the stock market down with it, Richard Burr and a handful of other Republican Senators dumped their stock holdings. It turned out they’d been told in a classified congressional briefing that things were going about to get ugly, and they sold off accordingly.
NPR already caught Richard Burr on tape privately admitting to his donors that the crisis was about to get ugly, even as he was publicly insisting things were going to be okay. But it’s even uglier than that. After Burr dumped his stocks, so did his brother in law, according to an eye opening new report from ProPublica. This could theoretically be a coincidence. But if Burr gave his brother in law a heads up about the stock market, based on what he learned in a classified briefing, then he’s really in trouble.
There have been widespread reports that the FBI is investigating Richard Burr over this matter. We’re still not sure if that’s to be taken seriously considering Bill Barr’s corrupt control over the DOJ and the FBI. But if Trump loses the election, it’s a given that the Biden DOJ will follow the evidence wherever it goes.
If Richard Burr did give his brother in law a heads up, he’d better hope he didn’t leave an evidence trail – and he’d better hope his brother in law doesn’t cut a plea deal against him. These things can get ugly fast. Two Republican Congressmen, Chris Collins and Duncan Hunter, have recently been sentenced to prison (and forced to resign) for financial corruption – so politicians really do go down for this kind of thing.
