China’s telecom giant Huawei charged with racketeering conspiracy and conspiracy to steal U.S. trade secrets

Huawei, China’s giant and the world’s largest telecom company has been indicted on charges of racketeering conspiracy and conspiracy to steal U.S. trade secrets. In addition, charges have also been filed showing Huawei’s Business in North Korea and Assistance to the Government of Iran in Performing Domestic SurveillanceAs revealed by the government’s independent investigation and […]

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Four members of Chinese military charged with hacking credit agency Equifax stealing private information on 145 American citizens

  Indictment Alleges Four Members of China’s People’s Liberation Army Engaged in a Three-Month Long Campaign to Steal Sensitive Personal Information of Nearly 150 Million Americans A federal grand jury has returned an indictment last week charging four members of the Chinese People’s Liberation Army (PLA) with hacking into the computer systems of the credit […]

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Top Harvard University scientist Charles Lieber and Chair of chemistry arrested and accused of lying about his ties to China

Charles Lieber, the well-recognized chair of Harvard University’s Department of Chemistry and Chemical Biology, was arrested and criminally charged with making “false, fictitious and fraudulent statements” to the U.S. Defense Department about his ties to a Chinese government program to recruit foreign scientists and researchers. The Justice Department alleges that  Lieber, 60, lied about his […]

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Swedish telecom giant Ericsson sets $1.23 billion in reserves to cover fines relating to foreign bribes in China, Greece, Vietnam and more

Ericsson, the Swedish multinational networking and telecommunications company has reserved $1.23 billion to cover fines associated with foreign bribes made by the company in China, Djibouti, Indonesia, Kuwait, Saudi Arabia and Vietnam, based on an investigation. Ericson has a 35% share in the 2-5G mobile market network and is the major competitor to Huaweri, the […]

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Microsoft subsidiary in Hungary to pay $8.7 Million iin criminal penalties to settle foreign bribery case

Microsoft’s subsidiary in Hungary, has agreed to pay a criminal penalty of more than $8.7 million to resolve the government’s investigation into violations of the Foreign Corrupt Practices Act (FCPA) arising out of a bid rigging and bribery scheme in connection with the sale of Microsoft software licenses to Hungarian government agencies. According to Microsoft […]

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Walmart’s Brazilian subsdiary WMT pays $137 Million to DOJ’s investigation on foreign bribes

Walmart Inc. (Walmart), a U.S.-based multinational retailer and its wholly owned Brazilian subsidiary, WMT Brasilia S.a.r.l. (WMT Brasilia), will pau pay a criminal penalty of $137 million to resolve the government’s investigation into violations of the Foreign Corrupt Practices Act (FCPA).Œ WMT Brasilia pleaded guilty today in connection with the resolution. Assistant Attorney General Brian […]

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