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FBI reaches out to Sen. Burr over stock sales tied to virus

March 31, 2020 By WECT

FBI reaches out to Sen. Burr over stock sales tied to virus

Sen. Richard Burr

March 31, 2020 at 8:59 AM EDT – Updated March 31 at 8:59 AM

WASHINGTON (AP) — The FBI has reached out to Sen. Richard Burr about his sale of stocks before the coronavirus caused markets to plummet.

That’s according to a person familiar with the matter who was not authorized to discuss it and spoke on condition of anonymity.

The outreach suggests the Justice Department may be looking to determine whether Burr exploited advance information when he dumped as much as $1.7 million in stocks in the days before the coronavirus wreaked havoc on the economy.

Burr has denied wrongdoing but has also requested an ethics review of the stock sales.

Copyright 2020 Associated Press. All rights reserved.

Filed Under: Local Headlines

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