DOJ Investigates Lawmakers Over Claims of Insider Trading

from Zero Hedge

The DOJ is investiating whether lawmakers used information obtained during confidential coronavirus briefings to liquidate stocks ahead of the largest market sell-off in decades, according to the Wall Street Journal.

Included in the probe is Sen. Richard Burr (R-NC), who sits on two committees that received in-depth briefings on the hyper-virulent disease which started in a wet market located in Wuhan, China (900 feet from a biolab experimenting with bat coronavirus).

Burr sold shares of companies worth as much as $1.7 million, according to the report, saving he and his wife at least $250,000 in losses based on their March 19 close.

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