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Former U.S. Senator from North Carolina
COVID Insider Trader, Intelligence Committee Chair
Richard Burr was Chair of the Senate Intelligence Committee when he sold $1.7 million in stock after receiving classified COVID briefings while publicly downplaying the pandemic. The FBI investigated and served a warrant on his phone. The DOJ declined to prosecute. He resigned as Intelligence Chair but served out his term.
COVID INSIDER TRADING: Sold $1.7M in stock after classified briefing
PUBLIC DOWNPLAYING: Told public virus was under control while selling stock
FBI INVESTIGATION: Phone seized in insider trading probe
NO PROSECUTION: DOJ declined to charge despite evidence
1 documented violations
15 U.S.C. § 78j(b) (Securities Exchange Act)Fellow COVID insider trader
1 documented sources from official records, investigations, and reports
November 30, 1955
Born in Charlottesville, Virginia
2005
Becomes U.S. Senator
2015
Becomes Senate Intelligence Chair
January-February 2020
Sells $1.7M in stock after COVID briefing
May 2020
FBI seizes phone in investigation
May 2020
Steps down as Intelligence Chair
January 2021
DOJ declines prosecution
2023
Leaves Senate