The Justice Department unsealed criminal charges Monday against Chinese tech giant Huawei, two of its subsidiaries and a top executive, who is accused of misleading banks about the company's business and violating U.S. sanctions.

The company is also charged in a separate case with stealing trade secrets from T-Mobile, according to federal prosecutors.

Prosecutors are seeking to extradite the company's chief financial officer, Meng Wanzhou, and allege she committed fraud by misleading banks about Huawei's business dealings in Iran.

Huawei had done business in Iran through a Hong Kong company called Skycom and alleged that Meng misled U.S. banks into believing the two companies were separate, according to the Justice Department.

Huawei is the world's biggest supplier of network gear used by phone and internet companies and has long been seen as a front for spying by the Chinese military or security services.
Prosecutors are seeking to extradite the company's chief financial officer, Meng Wanzhou, and allege she committed fraud by misleading banks about Huawei's business dealings in Iran.
She was arrested Dec. 1, 2018, in Canada.

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