Former GOP congressman sentenced to 22 months in prison for insider trading

Buyer convicted on four counts of securities fraud for insider trading schemes involving Sprint and Navigant Consulting mergers.
Buyer abused his position as a consultant to gain nonpublic information and make profitable stock trades.
He was ordered to pay over $350,000 in restitution and fines for the illegal profits from the trades.
Prosecutors sought 3 years in prison but Buyer was sentenced to 22 months and plans to appeal the conviction.
Buyer served as a Republican congressman from Indiana from 1993 to 2011 before working as a corporate consultant.