Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

Former GOP Rep. Steve Buyer convicted of insider trading

by March 11, 2023
March 11, 2023
Former GOP Rep. Steve Buyer convicted of insider trading

A former Indiana congressman and Persian Gulf War veteran was convicted Friday of insider trading charges after a two-week jury trial.

The verdict against Steve Buyer, a Republican lawyer who served in Congress from 1993 to 2011, was returned after a jury heard evidence about stock purchases he made after he became a consultant and lobbyist.

Buyer once chaired the House Veterans’ Affairs committee and served for a time as a House prosecutor during former President Bill Clinton’s 1998 impeachment trial.

The jury returned guilty verdicts on four securities fraud charges. Judge Richard M. Berman set sentencing for July 11.

Prosecutors said at trial that Buyer took information from clients and used it to make illegal stock trades.

His lawyers, though, argued that he was a stock market buff who did research that led to legal profitable trades. They said it was a coincidence that his clients purchased two companies that he had invested in.

Authorities said Buyer made over $320,000 illegally for himself, relatives and a woman with whom he’d had an affair.

Buyer, 64, was an Army reservist with a solo law practice in Monticello, Indiana, when he was called for active duty during the 1990-91 Gulf War. He served as a legal adviser in a prisoner of war camp.

On returning home, he ran for Congress and unseated three-term Democrat Jim Jontz in 1992.

While in Washington, Buyer helped draw attention to Gulf War-related illnesses, and he worked on other issues relating to the military, veterans, prescription drugs and tobacco.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Stacey Abrams’ Fair Fight Action fundraises off Alabama tornado aftermath
next post
Stanford DEI dean slams invited federal judge to his face at campus event, asks if free speech is ‘worth it’

You may also like

Special Master Raymond Dearie Gives Trump September 30...

September 22, 2022

Zelenskyy sensationally predicts Putin ‘will die soon’

March 27, 2025

Trump admin cracks down on groups tied to...

March 14, 2025

Just Another Violent Night in Lori Lightfoot’s Chicago-Patrons...

September 18, 2022

BIDEN ECONOMY: Americans See Most Severe Pay Cut...

October 10, 2022

Trump says China’s Xi called him amid ongoing...

April 25, 2025

Billionaire who helped Trump with $175M bond says...

April 9, 2024

FEMA Chief Responds to Kamala Harris’ Claim That...

October 2, 2022

‘I would never turn my back on President...

June 28, 2024

‘Experts’ bashing conservative SCOTUS justices have undisclosed ties...

June 23, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Rubio condemns assassination attempt on Colombian presidential candidate Miguel Uribe

      June 8, 2025
    • Obama WH physician says Biden doc should have performed cognitive test

      June 8, 2025
    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025
    • House witness flips script on Dem who ambushed him during hearing with unearthed tweet: ‘Iceberg is ahead’

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,570)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved