The indictment is available here and below.
In a separate case, the Justice Department also accused two Huawei subsidiaries of 10 counts of stealing trade secrets, wire fraud and obstructing justice for allegedly stealing robotic technology from carrier T-Mobile US Inc to test smartphones' durability. 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 prosecutors.
The Department of Justice says that the charges in the case relate to a "long-running scheme by Huawei's business activities in Iran".
The Justice Department announced criminal charges Monday against Huawei Technologies Co., the world's largest communications equipment manufacturer, and one of its top executives - a move likely to intensify trade tensions between the USA and China.
Shortly after, in a move widely seen as retaliation for Meng's arrest, Chinese authorities detained two Canadians, including a former diplomat, on security charges. President Donald Trump said he would get involved in the Huawei case if it would help produce a trade agreement with China.
A Huawei spokesman did not immediately return phone messages seeking comment.
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Tensions have been on the rise between Huawei and the USA government for some time, with government officials citing concerns that Huawei equipment could be used by the Chinese government for spying.
On Tuesday, US intelligence officials are expected to cite 5G investments by Chinese telecom companies, including Huawei, as a worldwide threat.
At the heart of the case against Huawei is the claim that the company misled regulators about its business dealings with Iran, with Meng allegedly playing a key role in that effort.
Huawei's founder, Ren Zhengfei, denies his company's products would be used by the Chinese government to spy. Her arrest led to a wave of nationalism in China, with several companies threatening to fire any employee who buys an Apple iPhone, but promising to subsidize the purchase of a Huawei handset. "So that's why it creates the national-security implications that we're concerned about".
Whitaker said these were not "rogue employees" acting on their own, but that stealing intellectual property was a "way of doing business" encouraged by Huawei itself.
Mr Whitaker said Huawei had lied to the USA government to obstruct investigations, moved potential witnesses back to China, and misled banks to continue to process transactions.