U.S. Charges China Tech Giant Huawei With Fraud And IP Theft

Daily Mail: US charges Chinese tech giant Huawei and top executive for 'misleading banks about the company's business and violating US sanctions'

* Prosecutors alleged that Meng Wanzhou committed fraud by misleading banks about Huawei's business dealings in Iran
* She was arrested in December and prosecutors are seeking to extradite her
* Tech giant, Huawei, is charged with violating US sanctions, officials said Monday
* Huawei is charged in separate case with stealing trade secrets from T-Mobile

The Justice Department unsealed criminal charges Monday against Chinese tech giant Huawei, two of its subsidiaries and a top executive, who are accused of misleading banks about the company's business and violating US sanctions.

The company is also charged in a separate case with stealing trade secrets from T-Mobile, according to federal prosecutors.

Prosecutors are seeking to extradite the company's chief financial officer, Meng Wanzhou, and allege she committed fraud by misleading banks about Huawei's business dealings in Iran. She was arrested on December 1 in Canada.

The criminal charges in Brooklyn and Seattle come as trade talks between China and the US are scheduled for this week.

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WNU Editor: The FBI charges against Huawei are very serious, and they target its former chief financial officer, Sabrina Meng Wanzhou, who is currently in Canada awaiting extradition proceedings to the US. If convicted, she is facing some very serious jail time. China is (of course) responding .... China calls on US to end ‘unreasonable crackdown’ on Huawei, other Chinese firms (USA Today). More from China here .... Huawei charges are US attempt to smear Chinese companies, Beijing says (SCMP), and here .... China tells US to stop ‘unreasonable crackdown’ on Huawei (AP)

More News On The U.S. Charging China Tech Giant Huawei With Fraud And IP Theft

US calls Huawei and CFO Meng Wanzhou national-security threats, indicts company and exec on fraud and IP theft charges -- Business Insider
US unveils sweeping fraud, tech theft charges against China's Huawei -- France 24
U.S. unveils charges against Chinese smartphone giant Huawei -- UPI
US files criminal charges against Chinese firm Huawei -- The Hill
US unveils its criminal case against Huawei, alleging China giant stole trade secrets and violated Iran sanctions -- CNN
US charges China's Huawei with fraud, theft -- DW
U.S. Charges Huawei, CFO Meng Wanzhou With Financial Fraud -- Bloomberg
US Charges Huawei, Affiliates, CFO With Conspiracy, Stealing Trade Secrets -- Sputnik
US indictment against Huawei shows FBI interviewed founder in 2007, reviewed text from Meng Wanzhou’s electronic device -- SCMP
Huawei lawyer says CFO Meng a 'hostage' after U.S. presses charges -- Reuters

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