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US probe of China's Huawei includes bank fraud accusations

By Karen Freifeld on Dec 7, 2018 6:33AM
US probe of China's Huawei includes bank fraud accusations

Alleged scheme to use global banking system to evade US sanctions.

Chinese telecoms giant Huawei Technologies Co Ltd's chief financial officer was arrested as part of a US investigation into an alleged scheme to use the global banking system to evade US sanctions against Iran, according to sources familiar with the situation. The United States has been looking ...

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finance hsbc huawei security

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By Karen Freifeld
Dec 7 2018
6:33AM
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