The US is charging Huawei with racketeering

The US is charging Huawei with racketeering

4 years ago
Anonymous $-riAjkQg_1

https://techcrunch.com/2020/02/13/the-u-s-is-charging-huawei-with-racketeering/

Ratcheting up its pressure campaign against Huawei and its affiliates, the Department of Justice and the FBI announced today that it has brought 16 charges against Huawei in a sprawling case with major geopolitical implications (you can read the full 56-page indictment here).

Huawei is being charged with conspiracy to violate the Racketeer Influenced and Corrupt Organizations Act (RICO) statute. The DoJ alleges that Huawei and a number of its affiliates used confidential agreements with American companies over the past two decades to access the trade secrets of those companies, only to then misappropriate that intellectual property and use it to fund Huawei’s business.