Former Congressman Chris Collins will spend 26 months in jail for insider trading charges. The sentence was handed down by U.S. District Court Judge Vernon S. Broderick in Manhattan on Friday.
Collins broke down in court and apologized to his family and his former constituents and colleagues.
“I stand here today as a disgraced former member of Congress,” he said. “My life has been shattered.”
Collins' lawyers had argued he was sorry and should face no prison time. Prosecutors, however, argued he should go to prison for nearly five years.