Taiwan: Official involved in financial crime, investigators say
22 Dec 2016

Ministry of Justice Investigation Bureau officer Yang Chao-chung (楊肇忠) was yesterday charged with offences stemming from the alleged orchestration of an insider trading scheme involving Phison Electronics Corp stock.

The Taipei District Prosecutors’ Office yesterday said that Yang has been charged with corruption, insider trading, collusion and leaking secrets.

Yang’s alleged accomplice, Teng Fu-chun (鄧福鈞), also faces charges of insider trading and breaches of the Securities and Exchange Act (證券交易法), prosecutors said.

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