Huawei Charged with RICO Violations in Federal CourtHuawei Charged with RICO Violations in Federal Court
A new set of indictments adds conspiracy to violate RICO statutes to a list of existing charges against the Chinese telecommunications giant.
February 14, 2020
Huawei, the world's largest telecommunications equipment manufacturer, and two of its US subsidiaries have been charged in federal court with conspiracy to violate the Racketeer Influenced and Corrupt Organizations Act (RICO). The charges are detailed in a 16-count superseding indictment filed today.
A superseding indictment is an amendment or addition to a previous indictment. In this case, the indictment contains charges from a previous superseding indictment which was unsealed in January 2019. In addition to the RICO violations, the new indictment includes a charge of conspiracy to steal trade secrets from a wide range of US companies.
Huawei allegedly stole proprietary and confidential intellectual property from six US technology firms, including Internet router source code, cellular antenna technology, and robotics. According to the indictment, these thefts — and the sophisticated institutional efforts to gain information and hide the activity — are part of a campaign that stretches back decades. The success of the campaign, prosecutors say, has allowed Huawei to save millions of dollars in its own research and development efforts.
The investigation is ongoing.
For more, read here.
Check out The Edge, Dark Reading's new section for features, threat data, and in-depth perspectives. Today's featured story: "Chaos & Order: The Keys to Quantum-Proof Encryption"
About the Author(s)
You May Also Like
Modern Supply Chain Security: Integrated, Interconnected, and Context-DrivenNov 06, 2023
How to Combat the Latest Cloud Security ThreatsNov 06, 2023
Reducing Cyber Risk in Enterprise Email Systems: It's Not Just Spam and PhishingNov 01, 2023
SecOps & DevSecOps in the CloudNov 06, 2023
What's In Your Cloud?Nov 30, 2023