US files criminal charges against Huawei; Accuses Huawei of Stealing Trade Secrets, Defrauding Banks

[F-22Raptor]

U.S. prosecutors filed criminal charges against Huawei Technologies Co., China’s largest smartphone maker, alleging it stole trade secrets from an American rival and committed bank fraud by violating sanctions against doing business with Iran.

Huawei has been the target of a broad U.S. crackdown, including allegations it sold telecommunications equipment that could be used by the China’s Communist Party for spying. The charges filed Monday also mark an escalation of tensions between the world’s two largest economies, which are mired in a trade war that has roiled markets.

In a 13-count indictment in Brooklyn, New York, the government alleged Huawei, two affiliated companies and its chief financial officer of fraud and conspiracy in connection with deals in Iran. A 10-count indictment in Washington state accused the company of stealing trade secrets from T-Mobile USA Inc. and offering bonuses to employees who succeeded in getting technology from rivals.

T-Mobile USA Inc. sued Huawei and its U.S.-based unit, Huawei Device USA Inc., in 2014, and three years later, a federal jury in Seattle found Huawei liable for both breach of contract and misappropriation of trade secrets. A person familiar with the case, who sought anonymity because they weren’t authorized to speak, said T-Mobile’s claims regarding the theft of its technology caught the attention of federal authorities in the Western District of Washington.

T-Mobile said Huawei sent its engineers to T-Mobile’s Bellevue, Washington, facility to see a robot, called "Tappy," which simulates smartphone use. T-Mobile said in its lawsuit that Huawei was able to use stolen parts from the robot to "develop, improve and troubleshoot its own robot."

Separately, Huawei Chief Financial Officer Meng Wanzhou, 46, the daughter of the company’s founder, was arrested in Vancouver, Canada, Dec. 1 on allegations that she committed fraud to sidestep sanctions against Iran. She’s become a flash-point in trade tensions between the U.S. and China.

Meng is free in Vancouver, staying at her $4.2 million mansion with GPS monitoring, after posting bail of C$10 million ($7.5 million) as she fights extradition to the U.S. to face criminal charges.

The U.S., which had requested Canadian authorities arrest Meng, must submit a formal extradition request for her by Jan. 30. Canada’s justice minister then has up to 30 days to assess it. If she issues an "authority to proceed," that means Canada is officially moving to extradition hearings. If so, they would likely be scheduled months later.

https://www.bloomberg.com/news/arti...e-criminal-charges-related-to-huawei-jrgrda0q

 

[Yongpeng Sun-Tastaufen]

No evidence.

 

[Dungeness]

If you can't beat them, bitch about them!

 

[SME11B]

If you can't beat them, bitch about them!

And sanction them, and tariff them and isolate them. Just do the right thing and there would be no issue.

 

[Yongpeng Sun-Tastaufen]

And sanction them, and tariff them and isolate them. Just do the right thing and there would be no issue.

If you think a country of 300 million can isolate a country of 1400 million you are dead wrong.

 

[Dungeness]

And sanction them, and tariff them and isolate them. Just do the right thing and there would be no issue.

I am not sure about "would be no issue" part. They tried the tricks in 50's and 60's, and again in 90's. Now they seem to have even more issues.

 

[Han Patriot]

I am not sure about "would be no issue" part. They tried the tricks in 50's and 60's, and again in 90's. Now they seem to have even more issues.

Have been trying to keep us from advancing for decades. Huawei grew even without access to US markets. They ban us, we will ban Microsoft and gang over security concerns.

 

[oprih]

The evil country of america is on life support, their huge decline became so evident around 2016, same time i notice how they start attacking China more often just like during the Olympics with their usual bullshit anti-Chinese propaganda. To these day, their attack on the fast rising China continues to intensify.

I pray that the China today is truly strong now and that Xi will finally give up on befriending america. I hope that this year, China will finally take action to end the existence of america, attack and destroy that shitty country already. I'm just one of the billions of people out there who are excited to witness the much awaited death of america.

 

[BringHarmony]

Meng is free in Vancouver, staying at her $4.2 million mansion with GPS monitoring, after posting bail of C$10 million ($7.5 million) as she fights extradition to the U.S. to face criminal charges.

The U.S., which had requested Canadian authorities arrest Meng, must submit a formal extradition request for her by Jan. 30. Canada’s justice minister then has up to 30 days to assess it. If she issues an "authority to proceed," that means Canada is officially moving to extradition hearings. If so, they would likely be scheduled months later.

Good! Take her gentlemen! And put her in Sing Sing. We don't need scum like her in our country.

If you think a country of 300 million can isolate a country of 1400 million you are dead wrong.

Sure! China should be free to sell her wares and launder their dirty money in countries like Pakistan, Nigeria etc. We don't want their wares or their dirty-drug money in our countries.

 

[hiseen]

On January 19, 2019, the Economist made two column reports on the FCPA (see Uncle Sam's Game and The French Resolution; please note that The Economist follows the British newspaper tradition, I like the title of a pun, where "Game" can be turned into "pattern" or "prey", while "Resolution" is both "resolution" and "decomposition", and the word "Revolution" homophonic).

The first one complained that the United States used FCPA to extract the money of many European companies, and the second one detailed how France's Alstom was hit continuously, and finally had to dismember and sell the US GE. This is the rare article of Economist's honest disclosure of American scars. I think the reason is that the victims of FCPA are mainly European companies, including British companies.

Https://www.economist.com/business/...ays-against-foreign-firms-vex-other-countries

Https://www.economist.com/business/...ame-intertwined-in-a-corruption-investigation

From the 2010 to 2018, the top ten victims of the FCPA, only two American companies, European companies accounted for six. Please note that the final fines are listed here. The various expenses incurred during the litigation process over the years are not included. The lawyers and consultants who have already been employed are not included.

The Alstom example should be typical. At first, the Americans caught a bit of news that Alstom might pay rebates in US dollars when selling gas turbines in Indonesia in 2012, so when a senior director of Alstom, Frenchman Frederic Pierucci traveled to the US in April 2013. He was arrested at the New York airport by the FBI and was denied bail. After being detained for several months in a felony prison (usually used to kill murderers, robbers and rapists in the United States), he was threatened with 19 years in prison, so he had to plead guilty; but the only evidence of his crime was still to discuss bribery. The e-mail cc was given to him.

However, Pierucci is actually only a hostage for Americans to ransom. Therefore, there is no confession. Instead, three other supervisors have entered the prison. The last one was arrested on April 23, 2014 during the holiday in the American Virgin Islands. Fortunately, Alstom's president, Shen Yiyi, began negotiations with GE in the summer of 2013 to prepare to sell the entire gas turbine division to the United States; by April 24, 2014, the sale was open, and no supervisor was arrested anymore; 2014 After signing the contract in June, Pierucci was released on bail, but was still restricted from leaving the country.

In October 2017, after earning enough legal fees and consultant fees, the Americans demanded a fine of up to $775 million to close the case, and it was not necessary for the Alstom to let GE pay. In order to put pressure on it, Pierucci was undoubtedly The charges were turned back to the cell, and finally Alstom had to compromise and package the rest of the railway business to sell to Siemens. The merger is still under review by the European Union.

In the 17th century, when Britain tried to seize the wealth of the Americas from Spain, it directly hired pirates and gave a letter of appointment (Letter of Marque) to carry out an infinite "war" against Spanish merchant ships as a British naval agent. This time, the US Department of Justice issued a subpoena to use the Canadian extradition treaty to arrest Meng Xiazhou. Basically, it is exactly the same as the British pirates. On the one hand, it is engaged in the struggle between the state and the country. On the other hand, there is a middleman who is self-fertilizing. It is independent of the trade disputes provoked by Trump, and because the black hands behind the scenes are too deep to hide, it is more troublesome to solve, not to be careless. In the long run, China can try to join forces with Europe to set international rules to limit the amount of American crush; but in the short term, Huawei's troubles have just begun, and Americans are only afraid that there is no lower limit.


https://mp.weixin.qq.com/s/7dNLyXIaH_bO8_n7QDy5LA

 

[doorstar]

U.S. prosecutors filed criminal charges against Huawei Technologies Co., China’s largest smartphone maker, alleging it stole trade secrets from an American rival and committed bank fraud by violating sanctions against doing business with Iran.

Huawei has been the target of a broad U.S. crackdown, including allegations it sold telecommunications equipment that could be used by the China’s Communist Party for spying. The charges filed Monday also mark an escalation of tensions between the world’s two largest economies, which are mired in a trade war that has roiled markets.

In a 13-count indictment in Brooklyn, New York, the government alleged Huawei, two affiliated companies and its chief financial officer of fraud and conspiracy in connection with deals in Iran. A 10-count indictment in Washington state accused the company of stealing trade secrets from T-Mobile USA Inc. and offering bonuses to employees who succeeded in getting technology from rivals.

T-Mobile USA Inc. sued Huawei and its U.S.-based unit, Huawei Device USA Inc., in 2014, and three years later, a federal jury in Seattle found Huawei liable for both breach of contract and misappropriation of trade secrets. A person familiar with the case, who sought anonymity because they weren’t authorized to speak, said T-Mobile’s claims regarding the theft of its technology caught the attention of federal authorities in the Western District of Washington.

T-Mobile said Huawei sent its engineers to T-Mobile’s Bellevue, Washington, facility to see a robot, called "Tappy," which simulates smartphone use. T-Mobile said in its lawsuit that Huawei was able to use stolen parts from the robot to "develop, improve and troubleshoot its own robot."

Separately, Huawei Chief Financial Officer Meng Wanzhou, 46, the daughter of the company’s founder, was arrested in Vancouver, Canada, Dec. 1 on allegations that she committed fraud to sidestep sanctions against Iran. She’s become a flash-point in trade tensions between the U.S. and China.

Meng is free in Vancouver, staying at her $4.2 million mansion with GPS monitoring, after posting bail of C$10 million ($7.5 million) as she fights extradition to the U.S. to face criminal charges.

The U.S., which had requested Canadian authorities arrest Meng, must submit a formal extradition request for her by Jan. 30. Canada’s justice minister then has up to 30 days to assess it. If she issues an "authority to proceed," that means Canada is officially moving to extradition hearings. If so, they would likely be scheduled months later.

https://www.bloomberg.com/news/arti...e-criminal-charges-related-to-huawei-jrgrda0q

Good! Take her gentlemen! And put her in Sing Sing. We don't need scum like her in our country.


Sure! China should be free to sell her wares and launder their dirty money in countries like Pakistan, Nigeria etc. We don't want their wares or their dirty-drug money in our countries.

are you trying to coerce China into abandoning CPEC?

 

[hiseen]

The US does not need shorts

 

[Yongpeng Sun-Tastaufen]

Who cares? Trump will get knocked out in 2020 election. He has only 35% approval.

 

[doorstar]

Who cares? Trump will get knocked out in 2020 election. He has only 35% approval.

regardless of who is sitting in the White House all important policies will remain the same

 

[Yongpeng Sun-Tastaufen]

regardless of who is sitting in the White House all important policies will remain the same

Nope. Bush never cared. Obama never cared. This supposedly happened in 2007.