U.S. Prosecutors Unveil Criminal Charges Against China’s Huawei

The U.S. Justice Department unveiled charges against Chinese tech giant Huawei, two of its affiliates, and its chief financial officer Monday.

A 13-count indictment was unsealed Monday in New York. The charges include bank fraud, conspiracy to commit wire fraud, and violating the International Emergency Economic Powers Act.

A separate criminal case filed in Washington state charges Huawei with stealing trade secrets from T-Mobile.

Meng Wanzhou, the company’s chief financial officer, was arrested in Canada on Dec. 1. Prosecutors allege she committed fraud by misleading American banks about Huawei’s business deals in Iran.

Prosecutors charge Huawei used a Hong Kong shell company to sell equipment in Iran in violation of U.S. sanctions.

Huawei is the world’s biggest supplier of network gear used by phone and internet companies.
–The Associated Press contributed to this report.