The United States Attorney's Office for the Eastern District of New York ("EDNY") filed a superseding indictment against the China-based technology manufacturing company Huawei Technologies Co., Ltd. and several U.S.-based subsidiaries, with new counts of racketeering, money laundering, and violating U.S. sanctions against Iran. Huawei and its chief financial officer were previously charged for fraud and intellectual property ("IP") theft in an indictment filed in January 2019.
According to the indictment, Huawei engaged in a broad conspiracy to steal intellectual property from six U.S.-based competitors using a variety of methods, including:
In addition, the superseding indictment claimed that Huawei conducted business with Iran, North Korea and other "high-risk" jurisdictions, and committed bank and wire fraud by making false claims to various financial institutions.
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