New FBI docs show a storm of calls and stock exchanges by Sen. Burr in 2020

New FBI docs show a storm of calls and stock exchanges by Sen. Burr in 2020

September 9, 2022: -Recent FBI documents show an image of the government’s evidence in an insider exchange investigation of North Carolina’s senior senator 2020, Republican Richard Burr.

Burr was not assessed as breaking any laws. But the recently released affidavit of an FBI particular agent indicates that the Justice Department had probable cause to believe Burr had saved insider trading and securities fraud.

As chair of the Senate Intelligence Committee at the start of 2020, he liquidated over half of Burr and his wife’s equity holdings when U.S. markets and most Americans did not understand how worse the coronavirus pandemic was going to be.

By giving their position, Burr had information about the virus’ spread and about America’s insufficient preparation for a massive pandemic that was unavailable to the public.

The affidavit was given in support of a search warrant application to take away and search Burr’s phone, which the judge in the case granted later.

It lays out a startling timeline of calls and texts amid Burr, his wife Brooke Burr, her brother Gerald Fauth and Fauth’s wife that took place on the same days that the Fauths and the Burrs sold off hundreds of thousands of dollars of stock, directly before the market decreasing.

 

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New FBI docs show a storm of calls and stock exchanges by Sen. Burr in 2020