Ex-US Rep. Buyer convicted of illegal stock purchases

KIFI

Published March 10, 2023 5:02 PM

By LARRY NEUMEISTER
Associated Press

NEW YORK (AP) — A former Indiana congressman has been convicted of insider trading charges. The verdict against Steve Buyer was returned Friday by a Manhattan federal court jury that had heard evidence presented during a two-week trial. The Republican lawyer and Persian Gulf War veteran 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. He served in Congress from 1993 to 2011. He was indicted last year over stock trade made after he became a consultant and lobbyist.

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