Sending food back to the kitchen?

[webfact]

U.S. charges China's Huawei with bank fraud, stealing trade secrets

 

FILE PHOTO: Attendees pass by a Huawei booth during the 2019 CES in Las Vegas, Nevada, U.S., Jan. 9, 2019. REUTERS/Steve Marcus

 

WASHINGTON (Reuters) - The United States on Monday charged China's Huawei Technologies Co Ltd, its chief financial officer and two affiliates with bank and wire fraud to violate sanctions against Iran in a case that has escalated tensions with Beijing.

 

In a 13-count indictment filed in New York, the Justice Department said Huawei misled a global bank and U.S. authorities about its relationship with the subsidiaries, Skycom Tech and Huawei Device USA Inc, in order to conduct business in Iran.

 

In a separate case, the Justice Department also accused two Huawei subsidiaries of 10 counts of stealing trade secrets, wire fraud and obstructing justice for allegedly stealing robotic technology from carrier T-Mobile US Inc to test smartphones' durability. Those charges were filed in the western district of Washington state.

 

Huawei did not respond to requests for comments on the charges.

 

T-Mobile had accused Huawei of stealing the technology, called "Tappy," which mimicked human fingers and was used to test smartphones. Huawei has said that the two companies settled their disputes in 2017.

 

The charges in both cases add to U.S. pressure on Huawei, the world's biggest telecommunications equipment maker.

The Trump administration is trying to prevent American companies from buying Huawei routers and switches and pressing allies to do the same. U.S. security experts are concerned that the equipment could be used to spy on the United States.

 

At Washington's request, Huawei's chief financial officer, Meng Wanzhou, was arrested in Canada in December and is now fighting extradition to the United States.

 

U.S. authorities accuse Meng of playing a lead role in the scheme to use subsidiaries to conduct business in Iran in violation of U.S. sanctions against Tehran.

 

Meng, who has denied the charges, is currently in Vancouver, staying in one of her family's homes, as she awaits a decision from a Canadian court on the U.S. extradition request.

 

The arrest of Meng, who is the daughter of Huawei's founder, Ren Zhengfei, ratcheted up tensions with China, which responded by arresting two Canadians on national security grounds.

 

Ren denies his company's products would be used by the Chinese government to spy.

 

The charges announced on Monday come just days before U.S.-China trade talks are set to resume in Washington, although Commerce Secretary Wilbur Ross said the two cases are "wholly separate" from the trade negotiations.

 

FBI Director Christopher Wray said the cases "expose Huawei’s brazen and persistent actions to exploit American companies and financial institutions, and to threaten the free and fair global marketplace.”

 

He said that he is concerned about Huawei devices in U.S. telecommunications networks. “That kind of access could give a foreign government the capacity to maliciously modify or steal information, conduct undetected espionage, or exert pressure or control."

 

(Reporting by Diane Bartz, David Shepardson, Sarah N. Lynch, Karen Freifeld, Chris Bing, Joseph Menn and Andy Sullivan; Editing by Bill Rigby and Lisa Shumaker)

 

-- © Copyright Reuters 2019-01-29

[MalandLee]

IMO, Stacking the US top court with political appointees Hurts the overall Justice system, with thoughts of bias.

 

However, I believe - as far as the "overall" justice system is concerned - it is as close to "best practice" as is possible in our world.

 

Without the USA the Chinese Dictatorship will own the world...

[YetAnother]

55 minutes ago, webfact said:

The United States on Monday charged China's Huawei Technologies Co Ltd, its chief financial officer and two affiliates with bank and wire fraud to violate sanctions against Iran in a case that has escalated tensions with Beijing.

hard to detect any nefarious back-room generated intent here on the part of the prosecutors, thus likely true

[expat1010]

Happy Chinese New Year mofos


Sent from my iPhone using Thaivisa Connect

[chingmai331]

If you want to upset the chinese , call it the Lunar New Year.  They invented time you know so they feel free to name the holidays.

[jasonsamui55]

So the US makes a rule and says that nobody can sell stuff to Iran, or make any payments to Iran.  The along comes a Chinese company which sells stuff to Iran.  Then the Chinese executive goes to a 3rd country and gets arrested.  Imagine if China said nobody could sell stuff to Taiwan, and the American company Apple sells some iphones to Taiwan, and then the Apple CEO Tim Cook goes on vacation to Thailand, and China asks Thailand to arrest Tim Cook and extradite him to China for his company selling iphones to Taiwan.  Would Americans be upset?  It seems about the same to me. America is trying to apply its laws well beyond its borders in declaring 2 3rd party countries cannot transact.  And then when they do, they arrest them when they visit a 3rd party patsy country that will bend over backwards to appease its masters.  Arrogant and crazy.

[geriatrickid]

15 minutes ago, jasonsamui55 said:

So the US makes a rule and says that nobody can sell stuff to Iran, or make any payments to Iran.  The along comes a Chinese company which sells stuff to Iran.  Then the Chinese executive goes to a 3rd country and gets arrested.  Imagine if China said nobody could sell stuff to Taiwan, and the American company Apple sells some iphones to Taiwan, and then the Apple CEO Tim Cook goes on vacation to Thailand, and China asks Thailand to arrest Tim Cook and extradite him to China for his company selling iphones to Taiwan.  Would Americans be upset?  It seems about the same to me. America is trying to apply its laws well beyond its borders in declaring 2 3rd party countries cannot transact.  And then when they do, they arrest them when they visit a 3rd party patsy country that will bend over backwards to appease its masters.  Arrogant and crazy.

Sadly, you  are either oblivious to the facts surrounding this case or you are intentionally misrepresenting the events.   The sanctions at the time were also imposed by the UN.

In this specific case, the USA was legally and morally allowed to determine which American firms were allowed to transact with a foreign country. The Chinese are alleged to have fraudulently acted, to have misrepresented their activities. In other words, they lied and in so doing had  a US financial institution commit a serious financial crime.  The Chinese were free to use their own banking facilities and their own friends, butt chose not to. The Chinese government could have guaranteed the transaction.

 

What part of financial fraud and lying do you not understand is wrong?

 

[stevenl]

23 minutes ago, geriatrickid said:

Sadly, you  are either oblivious to the facts surrounding this case or you are intentionally misrepresenting the events.   The sanctions at the time were also imposed by the UN.

In this specific case, the USA was legally and morally allowed to determine which American firms were allowed to transact with a foreign country. The Chinese are alleged to have fraudulently acted, to have misrepresented their activities. In other words, they lied and in so doing had  a US financial institution commit a serious financial crime.  The Chinese were free to use their own banking facilities and their own friends, butt chose not to. The Chinese government could have guaranteed the transaction.

 

What part of financial fraud and lying do you not understand is wrong?

 

You mean financial crimes like Goldman and many others committed?

[farcanell]

3 hours ago, MalandLee said:

IMO, Stacking the US top court with political appointees Hurts the overall Justice system, with thoughts of bias.

 

However, I believe - as far as the "overall" justice system is concerned - it is as close to "best practice" as is possible in our world.

 

Without the USA the Chinese Dictatorship will own the world...

True dat.... we can’t have those pesky Chinese threatening USA ownership of the world, can we?

 

And.... I’m not sure partisan appointed judges for life in a flawed democracy is “as close to best practice as is possible in our world”, and would suggest, instead, that a fully democratic countries judiciary would be closer to best practice, than that

[Mavideol]

2 hours ago, YetAnother said:

hard to detect any nefarious back-room generated intent here on the part of the prosecutors, thus likely true

the damn Chinese always denying any wrong doing, you catch them with their hands in the candy jar and they still say""""I didn't do it"""" same school as Putin

[lannarebirth]

24 minutes ago, stevenl said:

You mean financial crimes like Goldman and many others committed?

Yes, just like that.

[Baerboxer]

4 hours ago, MalandLee said:

IMO, Stacking the US top court with political appointees Hurts the overall Justice system, with thoughts of bias.

 

However, I believe - as far as the "overall" justice system is concerned - it is as close to "best practice" as is possible in our world.

 

Without the USA the Chinese Dictatorship will own the world...

 

Oh dear. You don't mind the US, controlled by elites, trying to own the world and impose American law and courts on everyone?

 

China has simply taken over from Russia as the new and growing counterbalance to the USA, which is in decline.

[Johnnyngai]

Americans don't want undocumented Mexicans in the country,

because Mexicans do dirty back breaking work that no American wants, and that lowers the wages for many American citizens .  

 

Americans also do not want mainland Chinese working like dogs 60 hours a weeks to eventually under cut the mighty USA empire.  

[Srinivas]

Guess who was on the Board of Directors of Huawei? None other than Alexander Downer!!!

Yes that Alexander Downer of the Papadopoulos conversation, that FBI used as their excuse to begin surveillance on Trump and members of his campaign.

 

[Psimbo]

China baaaaaaaaaaaad- Murca gooooooooooood. Things would be different with the boot on the other foot. So a country doing business with another country is illegal because Murcans says so- what a great way to try and control the world. Its a decision for the World Trade Organisation or the UN, NOT a single country.

 

Unfortunately Canada has got caught in the middle of this and Canadian citizens in China are suffering as a result (I do not include the drug trafficker in that comment).

 

Just another attempt by Trump to deflect attention from the fact that he can't get his way with the wall.

[welovesundaysatspace]

3 hours ago, geriatrickid said:

Sadly, you  are either oblivious to the facts surrounding this case or you are intentionally misrepresenting the events.   The sanctions at the time were also imposed by the UN.

Is that the same UN the US owes a lot of debt since it refused to pay their contributions? The same UN that has a Human Rights council the US withdrew from because it doesn’t work when you violate human rights around the world?

 

3 hours ago, geriatrickid said:

In this specific case, the USA was legally and morally allowed to determine which American firms were allowed to transact with a foreign country. The Chinese are alleged to have fraudulently acted, to have misrepresented their activities. In other words, they lied and in so doing had  a US financial institution commit a serious financial crime.  The Chinese were free to use their own banking facilities and their own friends, butt chose not to. The Chinese government could have guaranteed the transaction.

 

What part of financial fraud and lying do you not understand is wrong?

Let’s start with sacking the executives  of Microsoft, Google, Facebook etc. for letting the NSA and their friends spy on everyone and make our technology and world more unsafe. Add the authorities to that as well. After that we can talk about China. 

 

 

[MalandLee]

4 hours ago, jasonsamui55 said:

So the US makes a rule and says that nobody can sell stuff to Iran, or make any payments to Iran.  The along comes a Chinese company which sells stuff to Iran.  Then the Chinese executive goes to a 3rd country and gets arrested.  Imagine if China said nobody could sell stuff to Taiwan, and the American company Apple sells some iphones to Taiwan, and then the Apple CEO Tim Cook goes on vacation to Thailand, and China asks Thailand to arrest Tim Cook and extradite him to China for his company selling iphones to Taiwan.  Would Americans be upset?  It seems about the same to me. America is trying to apply its laws well beyond its borders in declaring 2 3rd party countries cannot transact.  And then when they do, they arrest them when they visit a 3rd party patsy country that will bend over backwards to appease its masters.  Arrogant and crazy.

For goodness sake, if you are joining the debate, at the very least argue on the basis of "apples for apples"

[DrTuner]

Good. Crank up the pressure to max. 

[Mavideol]

34 minutes ago, Srinivas said:

Guess who was on the Board of Directors of Huawei? None other than Alexander Downer!!!

Yes that Alexander Downer of the Papadopoulos conversation, that FBI used as their excuse to begin surveillance on Trump and members of his campaign.

 

oh dear more dirt coming..... old saying, if you live in glasshouse don't throw rocks at the neighbor

[zydeco]

Only the tip of the iceberg. Huawei needs to be cut off at the knees. Ought to take down ZTE as well. If anybody tries to obstruct prosecution, show them to a jail cell.

[brucec64]

1 hour ago, Psimbo said:

China baaaaaaaaaaaad- Murca gooooooooooood. Things would be different with the boot on the other foot. So a country doing business with another country is illegal because Murcans says so- what a great way to try and control the world. Its a decision for the World Trade Organisation or the UN, NOT a single country.

 

Unfortunately Canada has got caught in the middle of this and Canadian citizens in China are suffering as a result (I do not include the drug trafficker in that comment).

 

Just another attempt by Trump to deflect attention from the fact that he can't get his way with the wall.

It is really quite funny when the America haters make comments simply on their hatred, without any understanding of the issue.

 

1. The alleged offenses occurred in 2013 - there were UN Sanctions in place at the time.

2. The investigation started in 2017. This is not a Trump thing.

2. Any country can do business with any other country. Also, any country can make laws on who can use their banking system. The alleged fraud is that Meng made fraudulent statements so that HSBC would process US dollar payments from business in a US sanctioned country. That is the alleged crime. If they used the Russian ruble system, then no crime committed.

 

Understand now?

[Rimmer]

Off post topic removed

[from the home of CC]

and after you've satisfied our judiciary and we kick her loose to you, I hope the execute her for all the trouble they put us through????????????

[GreasyFingers]

[IAMHERE]

Amazing how many BMs agree that China should be free to undermine the free world. I'm still thinking China in charge would be a bad thing. 

[Srinivas]

3 hours ago, Mavideol said:

oh dear more dirt coming..... old saying, if you live in glasshouse don't throw rocks at the neighbor

https://twitter.com/GeorgePapa19/status/1090029397480943616?s=20

"Alexander Downer was asking me a lot of questions about what Trump would do about Huawei if elected president. The US just filed criminal charges against the Chinese company, Downer used to be on the board of, for committing espionage against the US. Think."

Papadopoulos

Edited January 29, 2019 by Srinivas

[goferman]

What? No comments on the toughest challenge facing US Justice officials who are trying to separate the charges from the trade negotiations: how president Trump combined the two issues and suggested he could use her to get a better trade deal. The Chinese will not forget that. Good luck to the officials.

[Redline]

17 hours ago, jasonsamui55 said:

So the US makes a rule and says that nobody can sell stuff to Iran, or make any payments to Iran.  The along comes a Chinese company which sells stuff to Iran.  Then the Chinese executive goes to a 3rd country and gets arrested.  Imagine if China said nobody could sell stuff to Taiwan, and the American company Apple sells some iphones to Taiwan, and then the Apple CEO Tim Cook goes on vacation to Thailand, and China asks Thailand to arrest Tim Cook and extradite him to China for his company selling iphones to Taiwan.  Would Americans be upset?  It seems about the same to me. America is trying to apply its laws well beyond its borders in declaring 2 3rd party countries cannot transact.  And then when they do, they arrest them when they visit a 3rd party patsy country that will bend over backwards to appease its masters.  Arrogant and crazy.

Russia and China do the same-usually they just assasinate people ????

 

U.S. law prohibits banks operating in the United States from processing dollar transactions related to Iran through the United States.

Edited January 29, 2019 by Redline

[Banana7]

Since USA laid the charges, now Canada has 30 days in which to decide whether to issue a so-called "authority to proceed" requiring the court to schedule an extradition hearing. 

 

Based on the charges and evidence presented, it is most likely she will continue to be detained in Canada. The extradition hearing will be several months from now if it is scheduled. The evidence presented is very detailed and significant, and it is almost certain that there will be an extradition hearing.

 

If she wants speedy justice, she should waive her right to the hearing, and agree to be extradited to USA without further delay. Knowing lawyers, they'll advise her to fight against extradition, to increase their fees, even though she has less than 1% chance of success.

 

I know of no cases in the past 20 years where the US Department of Justice (DOJ) has sought to extradite someone from Canada to USA and has failed. DOJ know how to get the person to USA.

Edited January 29, 2019 by Banana7

[Redline]

13 hours ago, welovesundaysatspace said:

Is that the same UN the US owes a lot of debt since it refused to pay their contributions? The same UN that has a Human Rights council the US withdrew from because it doesn’t work when you violate human rights around the world?

 

Let’s start with sacking the executives  of Microsoft, Google, Facebook etc. for letting the NSA and their friends spy on everyone and make our technology and world more unsafe. Add the authorities to that as well. After that we can talk about China. 

 

 

U.S. law prohibits banks operating in the United States from processing dollar transactions related to Iran through the United States.