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DOJ indicts Chinese execs, $35B price-fixing, arrests in France

5/20/2026

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Summary

Story summary

The Justice Department indicted seven Chinese executives and four firms in California, accusing them of a pandemic price-fixing scheme that impacted $35 billion of trade.
Acting Assistant Attorney General Omeed Assefi said the indictment stayed sealed until Vick Nam Hing Ma was arrested in France in April and is detained pending extradition.
A separate federal indictment targets former NIAID employee David Morens, while President Joe Biden pardoned Dr. Anthony Fauci.

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Story summary

The Justice Department indicted seven Chinese executives and four firms in California, accusing them of a pandemic price-fixing scheme that impacted $35 billion of trade.
Acting Assistant Attorney General Omeed Assefi said the indictment stayed sealed until Vick Nam Hing Ma was arrested in France in April and is detained pending extradition.
A separate federal indictment targets former NIAID employee David Morens, while President Joe Biden pardoned Dr. Anthony Fauci.