US accuses Huawei CFO of fraud and company of stealing from T-Mobile

The United States Justice Department has charged Huawei with a series of federal crimes, the latest turn in an American crackdown on the embattled tech company.

In one of two indictments unsealed today, Justice Department prosecutors accuse Huawei employees, including chief financial officer Meng Wanzhou, of fraud. According to prosecutors, Huawei misrepresented its relationship with an Iranian affiliate, allowing it to continue its work with banks and officials despite American sanctions.

The Department has also accused Huawei of violating the law by stealing intellectual property from T-Mobile. According to prosecutors, Huawei violated confidentiality agreements with T-Mobile by stealing information on — and…

Continue reading…

Main Source
Author

You might also like More from author

Comments are closed.