Man arrested after performing a Google search on how to defraud stocks

The FBI, in partnership with the United States Securities and Exchange Commission (SEC) arrested an MIT (Massachusetts Institute of Technology) scientist named Fei Yan.

The man was accused of "insider trading", meaning he used inside information to buy bonds and stocks. However, what is most striking is that authorities were able to reach Fei Yan after he performed a Google search of "how the SEC detects an unusual trade".

• How to download YouTube audio/music without using programs in 2021
• Android's history

After Yan carried out the search on the subject, he ended up acquiring shares and still managed to earn about US$ 120. The scientist also Googled phrases like "Insider trading on an international account."

The shares acquired by Yan were interests in the companies Mattress Firm and Stillwater Mining. It is worth mentioning that Yan's company worked in such places in acquisition agreements, so through it the scientist ended up getting the hint of "insider trading".

So, as soon as the companies' shares went public, Yan sold the purchased assets and ended up earning $120.

The end of the story was not very profitable, and Yan ended up being arrested. His wife, however, was not charged by the US Securities and Exchange Commission.