An article in the South China Morning Post dated June 30, 1988, showing Stephen Wang, who provided Fred Lee with tips while working at Morgan Stanley. Picture: SCMP An article in the South China Morning Post dated June 30, 1988, showing Stephen Wang, who provided Fred Lee with tips while working at Morgan Stanley. Picture: SCMP
An article in the South China Morning Post dated June 30, 1988, showing Stephen Wang, who provided Fred Lee with tips while working at Morgan Stanley. Picture: SCMP
Post Magazine /  Long Reads

How one of Wall Street’s biggest insider trading cases was cracked in 1980s Hong Kong

United States’ case against a flamboyant Taiwanese investor made headlines around the world, and began the end of an era when short prison sentences sometimes made financial crime seem like a good bet

Topic |   Crime in Hong Kong
Robert Boxwell
Robert Boxwell

Updated: 8:59am, 20 Aug, 2018

Why you can trust SCMP
An article in the South China Morning Post dated June 30, 1988, showing Stephen Wang, who provided Fred Lee with tips while working at Morgan Stanley. Picture: SCMP An article in the South China Morning Post dated June 30, 1988, showing Stephen Wang, who provided Fred Lee with tips while working at Morgan Stanley. Picture: SCMP
An article in the South China Morning Post dated June 30, 1988, showing Stephen Wang, who provided Fred Lee with tips while working at Morgan Stanley. Picture: SCMP
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