Insider trader caught because he googled how to commit fraud

From Engadget - July 14, 2017

The story begins with Fei Yan, a post-doctoral researcher at a "major university" in Cambridge, Mass., which we could guess at being MIT or Harvard. Yan's spouse was a lawyer at a major law firm, who was working on a deal related to the purchase of Stillwater Mining Company.

Somehow, Yan got wind of the deal and decided to try to make some cash with the insider information he'd seen. The figure, over a period of several days, bought the better part of 500 shares in the company, which eventually netted him a profit close to $110,000.


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