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The predicate acts are statements made to HSBC and trade secrets taken from six unnamed US companies, which is a template available against any firm that has ever answered a dollar-clearing bank's compliance questions.
The Investor · Invest desk

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The mechanism worth studying is the aggregation. RICO was written in 1970 to dismantle the American Mafia [14], and what it does in this courtroom is bundle conduct that would otherwise be several separate cases, the trade-secret thefts, the statements made to HSBC and other financial institutions about a Hong Kong shell called Skycom and its Iran business, obstruction, and sanctions counts reaching North Korea, into one enterprise with one pattern [14][9].
The bank-fraud predicate is the generic part. A compliance answer given to a dollar-clearing bank is the kind of document almost every multinational produces, which is why Tech Times argues that for any technology company routing international payments through the US dollar-clearing system, the legal theory in that room matters more than the identity of the defendant [4]. What the material does not show is a second company charged on this template, so the trial tests availability, not practice [21].
Then follow the collectibility. The Justice Department cannot seize assets inside China, so a conviction produces crippling fines on paper and a fight over whatever Huawei still holds on American soil in fact [7], and no figure for those holdings appears in the record here [21]. The sanctions machinery has meanwhile already taken American semiconductors, Western carrier networks and the company's leading position in smartphones across eight years of siege [6]. The price of a conviction and its cash value are different numbers, and the second is the smaller.
The calendar is its own fact: from the sealed August 2018 indictment [8] to a September 2026 jury pool is roughly 97 months [18], the February 2020 racketeering reframing has been pending for 79 of them [19], and a four-to-six-month trial puts a first verdict somewhere around the first quarter of 2027 before anybody files an appeal [1][20].
The same facts support more than one reading. The court could grant part of Huawei's motion to throw out thirteen counts [17] and shrink the enterprise back toward the bank fraud it was in 2018 [9]. A conviction could land as a document that carriers and banks cite when cutting ties rather than as money that moves. Or six months of testimony could end in acquittal or a hung jury, which would be the most expensive available vindication of the company's description of itself as a prosecutorial target in search of a crime [5]. That the government filed a fourth superseding indictment in April 2026 dropping two counts and tweaking its language about victimized banks [16], sixteen-odd months after telling Judge Donnelly that settlement talks had reached impasse [15], reads like a prosecution trimming for trial rather than expanding, or rather, the more interesting version, one narrowing the theory to the counts it believes twelve jurors can hold.
The view here is that the enterprise framing is worth more to the government as a charging precedent than as a recovery, because the recoverable pool sits in the wrong jurisdiction [7]. That view would break under a few conditions: if Huawei actually pays a fine, if a US asset base turns out large enough to make the judgment collectible, or if a second defendant gets charged on the same racketeering theory soon after the verdict.
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In September 2021 Meng appeared remotely in Brooklyn federal court and entered a deferred prosecution agreement, acknowledging in a four-page statement of facts that she had misled a financial institution about Huawei's compliance with export controls and its Iranian business; the charges against her were formally dropped in December 2022.
In a motion to dismiss, Huawei asked the court to throw out thirteen of the counts against it.
Jury selection is set to begin Tuesday morning in a Brooklyn federal courtroom, which will serve as the venue for the next four to six months.
The US government will attempt to prove that Huawei Technologies is not merely a corporation that broke the law but a criminal enterprise in the legal sense: a racketeering operation whose global rise was underwritten by systematic theft, fraud and sanctions evasion spanning nearly two decades.
Huawei Technologies Co. Ltd. is the world's largest telecommunications equipment maker.
Huawei has pleaded not guilty to all charges and calls itself "a prosecutorial target in search of a crime".
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Public docket, single narrator
Dates, count numbers, a 52-page July 2025 ruling and a four-page statement of facts are all checkable against a Brooklyn docket, which is what lifts this above a bare single-outlet floor. Nothing in it has actually been checked: TechTimes carries every fact, quotes no lawyer on either side, and the text stops mid-sentence in the section that was going to explain what racketeering law means applied to a technology company.
Nothing to count yet
A criminal trial has no releases or deployments to measure. The nearest equivalent would be a second defendant charged on the same dollar-clearing predicate, and this reporting names none.
Template claim, one docket
The idea that any company which has answered a clearing bank's compliance questions faces this template rests on Huawei's docket alone. The chronology underneath is careful and dated, but the extrapolation drawn from it goes further than that evidence currently supports, and Judge Donnelly's own words in the reporting cut against certainty, since she called the challenge premature because it was not yet clear what the defendant did.
Adversaries quoted, outlet unaligned
Both characterisations in this story belong to parties with everything at stake: the government's enterprise theory and Huawei's line about a prosecutor in search of a crime. TechTimes has no disclosed interest in either and no financial relationship surfaces. The pull that does show is editorial, toward the more cinematic parts, with the Vancouver airport arrest given more room than the ruling that decided which thirteen counts survive.
Checkable but unchecked
Two forces pull against each other here. The spine is court record, so an error would be cheap to catch and embarrassing to keep. Against that, TechTimes' own summary of what remains unresolved says there is no ruling on the thirteen-count dismissal motion, while a few paragraphs earlier the same piece describes Judge Donnelly denying nearly all of it in July 2025. That kind of internal slip argues for reading the docket before leaning on any single date in the chronology.
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1 article · September 7, 2026