Donald Trump insider Chris Collins invested millions into an Australian drug company. Then it all came crashing down

There are calls for Australian authorities to prosecute a disgraced former US congressman for insider trading while a director of an Australian drug company, amid concerns he may be pardoned by President Donald Trump. Key points: Trump ally Chris Collins has been sentenced to prison for insider trading involving an Australian drug company Australian shareholders and ethics experts want Collins prosecuted in Australia and question whether ASIC dismissed warning signs There are concerns Mr Trump will pardon Collins Once a member of Mr Trump's inner circle, former Republican congressman Chris Collins has recently been sentenced to prison in the US for insider trading and lying to the FBI. A Four Corners investigation reveals investors and ethics experts are now questioning whether Australian regulators dismissed warning signs about Collins, long before he was convicted of insider trading on the lawn of the White House. "Effectively Chris Collins has admitted in the United States to a number of intentional breaches of Australian law: procuring insider trading, breaches of his director's duties … and yet, it doesn't look as if anything's going to be done in Australia in relation to any of that," he said.