New York company accused of selling Chinese-made security equipment to U.S. military
Source: CBS News
New York A Long Island, New York, company is accused of illegally importing Chinese-made security equipment and then selling it to U.S. agencies. Federal agents swarmed the facility Thursday morning. Now seven current and former employees are facing charges.
According to the criminal complaint, since 2006, Aventura Technologies operated a scheme where over 1,000 shipments of network security software and hardware from China were relabeled as American and then sold to the federal government. That includes surveillance systems bought by the U.S. Army, Air Force, Department of Energy and other U.S. agencies. The company allegedly made nearly $90 million.
"Aventura not only defrauded its customers, but also exposed them to serious known cyber-security risks, and created a channel by which foreign adversaries and other actors could potentially access some of our governments' most sensitive facilities and computer networks," Donoghue said.
The arrests come at a time when the U.S. government is concerned about electronics from China. This summer, imports from two of the biggest Chinese tech equipment makers Huawei and ZTE were banned.
Read more: https://www.cbsnews.com/news/new-york-company-aventura-technologies-accused-of-selling-chinese-made-security-equipment-to-us-military/
Skittles
(153,160 posts)LogicFirst
(571 posts)Really. Where's the oversight?
keithbvadu2
(36,789 posts)"Too many jobs in China lost," Trump tweeted... Such concern!
https://www.democraticunderground.com/10142058871
http://thehill.com/homenews/senate/387515-schumer-hits-trump-for-offering-aid-to-chinese-company-how-about-helping
Senate Republicans drop bid to block Trump from helping Chinese telecom giant ZTE
https://www.democraticunderground.com/10142115196
https://www.washingtonpost.com/business/economy/senate-republicans-cave-to-trump-on-deal-with-chinese-telecom-giant-zte/2018/07/20/28ae5820-8c3f-11e8-8aea-86e88ae760d8_story.html
--------------------
UPDATED: Trump pledges to help Chinese phonemaker ZTE 'get back into business'
https://www.democraticunderground.com/10142058783
https://www.washingtonpost.com/news/the-switch/wp/2018/05/13/trump-pledges-to-help-chinese-phone-maker-zte-get-back-into-business/?utm_term=.7f2fcafb7710
ZTE, a company involved in hacking American cyber security.
A $500 million loan to Trump related projects works wonders to make America protect Chinese jobs.
Too bad our coal miners did not think of that.
Lucky Luciano
(11,254 posts)bucolic_frolic
(43,149 posts)But did you really expect they could manufacture the stuff themselves?
nitpicker
(7,153 posts)(snip)
Four of the individual defendants are also charged with defrauding the U.S. government by falsely claiming that Frances Cabasso was the owner and operator of the company in order to obtain access to valuable government contracts reserved for women-owned businesses when, in fact, Aventura was actually controlled by her husband, Jack Cabasso. The Cabassos are also charged with laundering the monetary proceeds of these fraudulent schemes.
(snip)