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Things are not looking up for Huawei's CFO. 

Wanzhou Meng, arrested Dec. 1 in Vancouver and facing possible extradition to the U.S., had a bail hearing today in which it was made clear that she is looking at some serious jail time for allegedly misrepresenting to authorities the relationship between Huawei and SkyCom, which did business in Iran. 

According to AP, the prosecutor said she portrayed the two companies as separate, while the U.S. claims Huawei and SkyCom are connected, and thus Huawei violated U.S. sanctions against Iran. 

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