Former GOP Congressman Sentenced to Prison for Insider Trading Scheme
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Former Rep. Stephen Buyer (R-Ind.) was sentenced to 22 months in prison for insider trading.
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Buyer was convicted of misusing non-public information he obtained as a consultant.
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Buyer made over $568k trading Sprint stock and over $223k trading Navigant stock.
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The SEC charged Buyer and 9 others with insider trading in July 2022.
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Buyer was ordered to pay over $350k in forfeiture and restitution.