You're completely wrong, as usual. I have checked further and it turns out that this occurred in and before 2009; was flagged by Morgan Stanley and reported to the Department of Justice immediately. They also fired their corrupt employee--immediately. this is old news--with the only exception that there has now been a guilty plea.
Looking at how Morgan Stanley handled this 2009 matter, I have even more confidence in their 2011 investment in YONG.
Lidi--I wasn't misrepresenting anything. Just reporting a story which connected a guilty MS former employee with a YONG CEO, and raising questions--which I have now answered to my satisfaction. But you are right that the fraud has nothing to do with Wu--the culprit was the former YONG chairman.