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Blog

  • MIL-OSI USA: Booker Announces $406 Million in Federal Grants for New Jersey Projects

    US Senate News:

    Source: United States Senator for New Jersey Cory Booker

    NEWARK N.J. –  Today, U.S. Senator Cory Booker (D-NJ) announced a total of $406 million in federal grants being awarded to New Jersey by the Environmental Protection Agency (EPA) and the Federal Railroad Administration (FRA). EPA’s 2024 Clean Ports Program (CPP) is awarding the Port Authority of New York and New Jersey (Port Authority) $347 million total to execute their plan to implement alternative freight movement and zero-emissions options across the marine terminals operated by the Port Authority and its private sector partners in New York and New Jersey. The program will also award $55 million to the SeaStreak LLC to deploy high-speed zero-emission ferries for service between northern New Jersey and New York City, as well as for accompanying charging infrastructure and for training and workforce development. Additionally, the FRA is awarding $4 million to the Morristown & Erie Railway (ME) to provide more efficient and reliable freight rail operations along a nine-mile railway that runs from Morristown, New Jersey to Roseland, New Jersey. 

    Senator Booker wrote in support of the Port Authority’s and the Morristown & Erie Railway’s applications for these projects in May and July of this year, respectively.

    The Port Authority’s “Catalyzing Change: Zero Emissions NY-NJ Port Projects for a Greener Future” plan is receiving $344 million to establish a sustainable zero emissions operation at the Port of New York and New Jersey, the largest container port on the East Coast and third largest in the country. The Port Authority’s Port Master Plan 2050 would commit to achieving net zero carbon emissions by 2050. The second grant of $3 million would fund a drayage truck movement study, increased community air monitoring, and the establishment of a Ports Community Advisory Council.

    “EPA’s $347 million award to the Port Authority of New York and New Jersey to execute their ‘Catalyzing Change’ plan is a huge win for New Jersey, and a bold step toward a cleaner, more sustainable future,” said Senator Booker. “Investing in zero-emissions technologies and enhancing our freight operations will help us protect our environment and boost our regional economy. I am proud to have supported this award that will create jobs, improve air quality, protect our planet, and ensure that our supply chain remains efficient and resilient.” 

    “We appreciate the recognition and support from our government and community partners to ensure the critical work at the Port of New York and New Jersey is accomplished with an eye toward the future,” said Port Authority Chairman Kevin O’Toole. “This funding will reverberate well beyond the docks, allowing us to work together with nearby communities to ensure that the busiest port on the East Coast sets a new standard for collaboration, innovation, and sustainability.”

    “We’re immensely grateful and thrilled to receive this significant funding from the EPA, allowing us to accelerate the deployment of zero-emission equipment across our port facilities,” said Port Authority Executive Director Rick Cotton. “This award is a crucial step forward in our commitment to sustainability and will help us meet the Agency’s net-zero emissions goal by 2050. We are grateful for the EPA’s partnership as the Port Authority continues our aggressive pursuit of our climate agenda.”

    “These extraordinary awards represent a significant step toward our community engagement and sustainability efforts, and we extend our sincere appreciation to all of the port partners who made it happen,” said Bethann Rooney, port director at the Port Authority of New York and New Jersey. “The cargo moved through the Port radiates out across the country, but it would not be possible without the collaboration of the port community. Our goal is to ensure that all stakeholders have a voice as we look to maximize the impact of every dollar to deliver cleaner air, new equipment, and a port that leads the way on sustainability and community engagement.”

    “Ports are essential to moving and bringing us goods that we depend on, but they are also sources of air and climate pollution impacting the surrounding communities,” said EPA Regional Administrator Lisa F. Garcia. “By advancing zero-emission technologies, we are tackling air pollution head-on while creating good-paying jobs that support local economies and families. This tremendous investment demonstrates EPA’s commitment to environmental and climate justice, and economic opportunity while also ensuring that our port communities can breathe cleaner air.”

    The grant money for the Morristown-Erie Railway will be awarded through the FRA’s Consolidated Rail Infrastructure and Safety Improvements (CRISI) program. The project will replace five-track miles of 75-year-old lite-weight jointed rail and eight switches with 115-pound or larger rail in addition to other updates. These improvements will minimize derailments and reduce noise levels, and help the railway expand its operations to manage the increase of freight coming in from the Port of New York and New Jersey.

    “This $4 million grant from the FRA’s CRISI program is a crucial investment in the Morristown & Erie Railway that will enhance the safety and efficiency of our freight operations,” said Senator Booker. “Upgrading our aging infrastructure will benefit freight rail workers and consumers from Morristown to Roseland who rely on these tracks. This project will create jobs, support the local economy, and ensure this railway remains safe and efficient for years to come.” 

    “We are pleased to have received Senator Booker’s support in receiving this $4MM CRISI grant toward a total $6MM project to replace rail switches and extend track on our rail line.  It will enable us to continue providing environmentally superior rail freight service to our customers, facilitate customer growth and additional employment in our Morris and Essex County service territory,” said Morristown & Erie President Charles Jensen.

    MIL OSI USA News –

    January 25, 2025
  • MIL-OSI USA: Senator Wicker Statement on Georgia’s Parliamentary Election

    US Senate News:

    Source: United States Senator for Mississippi Roger Wicker

    WASHINGTON – Following Georgia’s election results, U.S. Senator Roger Wicker, R-Miss., issued this statement:

    “This past Saturday, the people of Georgia went to the polls to exercise their democratic right to choose their next government. Instead of a dignified, transparent, and lawful process, what they got was a farce. The people of Georgia’s democratic choice was undermined by rampant violations, including intimidation, violence, vote buying, and results that diverged sharply from credible independent pre-election and exit polling as well as trends from prior elections.

    “We share Georgian President Zourabichvili’s belief that these elections were neither free nor fair and do not reflect the will of the people. Unfortunately, the Moscow-backed Georgian Dream party seems to think that alongside Russia and its authoritarian axis, they can wait out the United States and Georgia’s democratic allies. They are wrong.

    “The manipulation of this election is not only a blow to Georgia’s fragile democracy but, if allowed to stand, an end to the country’s longstanding Euro-Atlantic aspirations—and possibly its very sovereignty. This is electoral fraud, and its illegitimate result must be confronted with clarity and resolve. As long as Georgian Dream clings to power through undemocratic means and under the tutelage of violent authoritarians, they will reap the contempt and isolation they so richly deserve.”

    MIL OSI USA News –

    January 25, 2025
  • MIL-OSI USA: Team Maryland Joins President Biden to Celebrate $147 Million Investment to Create Clean Jobs and Support the Port of Baltimore’s Zero-Emission Goals

    US Senate News:

    Source: United States Senator for Maryland Ben Cardin
    ANNAPOLIS, Md. — U.S. Senators Ben Cardin and Chris Van Hollen joined Governor Wes Moore today joined President Joseph R. Biden at the Port of Baltimore to celebrate more than $147 million in federal funding to create good-paying, clean jobs and to expedite decarbonization and electrification efforts at the Port. The U.S. Environmental Protection Agency awarded the funding to the Port of Baltimore through its Clean Ports Program, created under President Biden’s Inflation Reduction Act. 
    “The Port of Baltimore is a vital economic engine for the state and a leader among the nation’s ports. As we work to improve the port, it is essential that we build for the future. The projects supported by the Clean Ports Program will help reduce emissions, improve air quality in the Baltimore region and create more clean energy jobs,” said U.S. Senator Ben Cardin. “The Biden-Harris Administration’s bold investments in modernizing our infrastructure are driving our economy forward while enabling us to take on climate change in a meaningful way.” 
    “In Maryland, we aren’t going to choose between building a competitive state and a sustainable one -— we will do both at the same time,” said Gov. Moore. “In partnership with the Biden-Harris Administration, we are investing in the Port of Baltimore and electrifying the way to a greener, cleaner, and healthier future with a strong economy and good-paying jobs.”  
    The Port of Baltimore generates about 20,300 direct jobs, with more than 273,000 jobs overall linked to port activities. The funding will enable the Maryland Port Administration and its private partners to purchase 213 pieces of new zero-emission vehicles, equipment, and charging infrastructure that will replace old, inefficient, and polluting diesel combustion engines. The funding will also pay for capacity upgrades to the port’s electrical grid, which will help significantly reduce greenhouse gas emissions with an estimated 35% decrease in carbon dioxide equivalency compared to 2020 levels. 
    “We fought to pass the Inflation Reduction Act to create good-paying jobs in our communities while tackling the climate crisis head-on, and today’s announcement shows these investments are being put to work,” said U.S. Senator Chris Van Hollen. “This new federal funding will support the Port of Baltimore’s transition to electric infrastructure as part of its plans to reduce emissions – both bolstering the port’s growth and improving air quality for nearby communities. These efforts will help strengthen Baltimore’s economy and create more local jobs for Marylanders.” 
    “The tremendous projects selected for these federal funding awards will improve air quality and combat climate change by dramatically diminishing the Port of Baltimore’s greenhouse gas and toxic pollutant emissions via installation of zero-emission cargo handling equipment and trucks, while also bolstering the Maryland Port Administration’s overall emissions reduction strategy. These extraordinary federal investments into our port are consistent with our collective duty to preserve the planet – while also continuing to uplift the Port of Baltimore’s workforce and surrounding communities in the transition to a zero-emissions facility,” said Congressman Kweisi Mfume. “As exemplified by this compelling announcement, the historic Inflation Reduction Act continues to tackle the climate crisis with fierce urgency right here in Baltimore.”
    “The Biden-Harris Administration’s Investing in America agenda continues to leave no community behind and promote clean air and water in communities that have long borne the brunt of pollution,” said Congressman Steny Hoyer. “Thanks to the Inflation Reduction Act that I brought to the House Floor as Majority Leader last Congress, the Port of Baltimore is getting the tools it needs to upgrade its equipment, improve electric charging infrastructure, and fight the climate crisis in a way that benefits Marylanders across the state. As Chair of the Regional Leadership Council, I appreciate Administrator Regan and the Biden-Harris Administration’s partnership as we continue to ensure the historic investments Democrats passed last Congress reach every community in America. We must continue to work together to strengthen the Port of Baltimore and ensure environmental justice for all Marylanders.”
    “The Port of Baltimore is a critical hub for Maryland and our nation as a whole, supporting good-paying jobs, driving economic growth and keeping goods and resources moving. This investment will improve the health of our region’s environment and provide cleaner air for port workers and nearby communities – all while ensuring that the Port remains a thriving center of commerce for generations to come,” said Congressman John Sarbanes. “I appreciate the Biden-Harris Administration for its continued partnership to enhance clean energy and improve infrastructure in Maryland, and for its tireless efforts to advance environmental justice and create a greener, more sustainable future across the country.”
    “This critical investment into the Port of Baltimore will not only keep us globally competitive, but will help mitigate pollution driving climate change,” said Congressman Dutch Ruppersberger. “The Port of Baltimore has always been at the forefront of efficiency and productivity and now we are leading the nation environmentally. I am proud to have supported this funding request and thank the Biden Administration for this strategic and responsible use of tax dollars.”
    Federal grant funding will also support community engagement with neighborhoods such as Turner Station, Brooklyn, and Curtis Bay.  
    “These improvements will provide an immediate impact to the people who live and work around the Port of Baltimore and who have borne the brunt of transportation-related health impacts,” said Maryland Department of Transportation Secretary Paul Wiedefeld. “Thanks to the EPA’s grants, the Port of Baltimore and its partners are accelerating their collective efforts to support Maryland’s climate goals of reaching net zero by 2045.” 
    Today’s announcement builds on the Biden Administration’s championship of the Port of Baltimore and the State of Maryland’s infrastructure needs, which includes the recent $30.9 million Infrastructure for Rebuilding America award for Dundalk Marine Terminal Reconstruction of Berth 11 and the $7.5 million award for Curtis Creek Drawbridge Rehabilitation and Resiliency projects. The projects directly advance the federal government and State of Maryland’s partnership to recover and rebuild after the DALI struck the Francis Scott Key Bridge.
    “The Maryland Port Administration is committed to integrating our overall mission of increasing cargo and generating jobs through the Port of Baltimore with forward-looking environmental and sustainability solutions,” said Maryland Port Administration Executive Director Jonathan Daniels. “Our customers and port partners are driven to change the way they do business to reduce greenhouse gas emissions, decarbonize, increase electrification throughout our marine terminals, and, most importantly, positively impact our near-port environmental justice communities.”
    To learn more about the clean port project and its benefits, read the Port of Baltimore’s grant proposal. 

    MIL OSI USA News –

    January 25, 2025
  • MIL-OSI USA: Cardin, Van Hollen, Hoyer, Ruppersberger Announce Over $7.5 Million for Carroll County Regional, Tipton, and Martin State Airports

    US Senate News:

    Source: United States Senator for Maryland Ben Cardin

    WASHINGTON – U.S. Senators Ben Cardin and Chris Van Hollen, Congressmen Steny Hoyer and Dutch Ruppersberger (all D-Md.), today announced $7,556,842 in U.S. Department of Transportation awards to Carroll County Regional, Tipton and Martin State Airports for necessary upgrades to modernize their facilities and improve passenger comfort. 

    “The landmark infrastructure law enacted by President Biden in 2021 continues to invest in Maryland,” said Senator Cardin.  “It recognized that our airports, both large and small, have aging and outdated facilities that require upgrades to meet the changing demands on our aviation system and keep it safe and competitive.”

    “Our local airports are important transportation hubs that support our state’s economy, ensuring that travelers and goods get where they need to go. We fought for these investments to support the Carroll County Regional, Tipton, and Martin State airports in serving the growing needs of Maryland’s businesses, residents, and visitors,” said Senator Van Hollen.

    “President Biden and Vice President Harris’ Investing in America agenda continues to deliver for Maryland’s airports and boost our economic competitiveness,” said Congressman Hoyer. “As Chair of the Regional Leadership Council, I have worked with House Democrats and top officials in the Biden-Harris Administration to ensure that every community in America can see and feel the impact of the historic laws that Democrats passed in the 117th Congress. I was pleased to work with Team Maryland to secure these Bipartisan Infrastructure Law funds for Carroll County Regional Airport, Martin State Airport, and Tipton Airport, which will create good jobs and provide a more reliable air travel experience. Together, we will continue to lower costs, create jobs, and ensure our state’s economy works for all Marylanders.”

    “The bipartisan infrastructure law continues to reap rewards for Maryland and Marylanders including this funding for local airports, which provide a critical connection to communities and economies throughout the region,” said Congressman Ruppersberger. “This is a strategic investment that will make our airports safer, more comfortable and convenient. I look forward to even more upgrades to our nation’s aging transportation infrastructure to come.”

    The funding was awarded by the U.S. Department of Transportation’s Airport Improvement Program and Airport Terminal Program.

    The federal grants have been awarded as follows:

    1. $3,612,000. Carroll County Regional Airport: To remove a building and relocate fencing identified as obstructions by the FAA.
    2. $2,944,842, Tipton Airport: To construct a 6,000 square-foot terminal to accommodate the movement of passengers and baggage.
    3. $1,000,000, Martin State Airport: To fund the funds the construction of a new Airport Traffic Control Tower, replacing the 82-year-old sponsor-owned tower that has reached the end of its useful life.

    The Airport Improvement Program funds various types of airport infrastructure projects across the country, including repairs and upgrades to runways, taxiways, airport signage, lighting and markings – all while creating thousands of good-paying, local jobs. The members have consistently fought to provide funds for airports and terminal operators, including through the fiscal year 2024 appropriations process, which makes $3.35 billion available from the Airport and Airway Trust Fund and an additional $532 million from the general fund for AIP projects.

    The Airport Terminal Program was created in 2021 through the lawmakers’ efforts to pass the Infrastructure Investment and Jobs Act. Funded at $1 billion in fiscal year 2024, the Airport Terminal Program supports safe, sustainable, and accessible airport terminals, on-airport rail access projects, and airport-owned airport traffic control towers.

    MIL OSI USA News –

    January 25, 2025
  • MIL-OSI New Zealand: Rooted in Education

    Source: Auckland Council

    Thanks to a generous $10,000 boost from the Howick Local Board, seven schools and early childcare centres in the area, are now thriving as active Garden To Table schools.

    Garden To Table is a school-based food and gardening programme and as a registered charity, they support schools and kura across Aotearoa, New Zealand, to take the learning out of the classroom and into the māra kai (garden) and the kīhini (kitchen).

    Across East Auckland, being a Garden To Table school gives students the opportunity to dig into hands-on activities, unleash their creativity, and grow lifelong skills – all while learning how cutting food waste can help them cultivate healthier, locally sourced food.

    Pakuranga Faith Baptist Kindergarten. L: tamariki harvesting vegetables from their garden to make kai. R: trolley made from rescued ‘waste’ materials, this is used for their Garden to Table ‘Harvest Table’ and equipment.

    Board chair Damian Light explains, “We’re proud to support this programme which delivers on a number of our strategic priorities, including promoting healthy living and sustainable lifestyles, reducing waste to landfill, and allowing people to connect with nature.”

    Funding was allocated for essential kitchen utensils and equipment, Garden To Table curriculum staff training and introductory sessions for programme champions, kitchen and garden specialists, as well as child-friendly aprons crafted by Sustainable Papakura volunteers.

    Howick Primary School: During a Garden to Table session, making pizza scrolls with lots of herbs from their garden.

    Ormiston Primary School teacher and programme champion Jenny Moon shares, “Our Garden To Table program has been a hit with the students. We’ve purchased kitchen equipment and composting bins. It’s wonderful to see them engage in planting, caring for the plants, and harvesting ingredients!”

    Students participating in Garden to Table Programmes:

    Name of School / ECE

    Number of students participating in Garden to Table

    Cockle Bay Primary School

    112

    Howick Primary

    311

    New Shoots Pakuranga

    40

    Ormiston Primary School

    50

    Mission Heights Primary School

    380

    Pakuranga Heights Primary School

    84

    Baptist Kindergarten Pakuranga

    15

    Total Students Participating

    992

    Cockle Bay School: flourishing edible garden.

    Stay connected

    Sign up to receive our Howick Local Board monthly e-newsletters.

    MIL OSI New Zealand News –

    January 25, 2025
  • MIL-OSI USA: Groundbreaking Celebrates State-of-the-Art Nursing Building

    Source: US State of Connecticut

    The University of Connecticut held a groundbreaking ceremony for its new School of Nursing Building on Wednesday, Oct. 30 amidst a crowd of students, benefactors, and University and state officials.

    Construction on the building will begin in November and is scheduled to be completed for the fall of 2026. It will be located on Bolton Road near the South Campus dormitories and strategically adjacent to existing clinical, academic, and research spaces.

    A $50 million gift from Elisabeth DeLuca ’69 (NUR) will support the construction of facility for the UConn School of Nursing along with generous state support.

    Inspired by her mother’s guidance, DeLuca pursued a degree in nursing and graduated from UConn. Her training and work experience as a nurse instilled in her a lifelong appreciation for both the professionalism and compassion that nurses provide. As her husband’s business grew over the next several years, she joined him in running what would ultimately become a global restaurant chain. Today, she serves as President of the Elisabeth C. DeLuca Foundation and the Frederick A. DeLuca Foundation, which are focused on access to education and health.

    “Nurses are a special breed, and if you ever have a chance to meet UConn nursing students, they are amazing and they get an education that will serve them well in life, not only in their profession, but in all aspects of life, and that’s what happened to me at UConn,” said DeLuca at the ceremony.

    Elisabeth DeLuca ’69 (NUR) speaks during the groundbreaking ceremony for the new School of Nursing building on Oct. 30, 2024. (UConn Photo)

    “I have a passion for letting nurses be more prepared for when they enter the work force. We are working with curriculum ideas and other innovations to make them more ready to be practicing on patients and to face the real work of clinical practice,” she said. “I also think we have a responsibility to work with employers in the state to make the nursing profession be more respected and acknowledged, and have nurses be part of the collaboration with decision making in health care.”

    DeLuca’s gift is the largest in the history of the University for any purpose. $20 million of DeLuca’s gift will go directly to construction costs of the School of Nursing Building, while $5 million will fund equipment for the building, and the remainder of the gift will be used for student scholarships and programmatic support.

    The balance of the construction costs will be funded through UConn 2000 and State of Connecticut bonding.

    “I was reminded how important nurses were during the worst days of COVID – when no one was going to work, except for the nurses – everyday. They have heart, tenderness and save lives,” said Governor Ned Lamont. “After COVID, when things were settling down a little bit, I realized the long hours our nurses were still working.

    “I found out there were thousands of people applying to be nursing students at UConn and we weren’t able to place many of them. And Liz, that’s why you are here – because you are a nurse, and you know what it means. You are giving nursing students the tools to think about how they can perform their job in a patient-centric way. We desperately needed this in Connecticut, and thank you for stepping up and doing the right thing.”

    “UConn nurses have always been leaders and innovators who drive meaningful and important change in health care,” said UConn President Radenka Marick. “This facility will position them as national leaders in their discipline, at a time when skilled and educated nurses are needed more than ever.

    Victoria Vaughan Dickson, dean of nursing, speaks during the groundbreaking ceremony for the new School of Nursing building on Oct. 30, 2024. (UConn Photo)

    “Thanks to the transformative generosity of this gift, we will be able to provide scholarships and programmatic support for a dynamic nursing education that includes patient-centered practice, interdisciplinary research, and technological innovation.”

    The new building will be about 90,000 square feet and include the following program elements: instructional spaces, including a lecture hall and classrooms; simulation labsuite; human behavioral research lab; wet lab; student academic center; offices and support spaces.

    “Thousands of prospective nurses apply every year to join the School of Nursing, and in August we welcomed our largest ever incoming class. But as our School has developed and our national reputation has continued to grow, we once again find ourselves in need of a new home,” said Dean of the School of Nursing Victoria Vaughan Dickson. “Not surprisingly, it was a UConn nurse who came to the rescue. The tremendous generosity of alumna Elisabeth DeLuca is enabling us not only to move into the first-ever purpose-built home for the School of Nursing, but to greatly expand our programmatic offerings and scholarship assistance.”

    “My mom passed away when I was 14 from a long battle with cancer. I didn’t remember the medication or the treatments that she was getting, but the one thing I remember is the nurses who took care of her,” said Samuel Geisler ’25 (NUR), the vice president of the nursing senior class, who is from Newington and a member of the men’s track and field team. “When I saw nursing was a major offered at UConn, everything made sense. Nursing at UConn has done more for me as a person than I could ever imagine. The School of Nursing has not only given me the knowledge and critical thinking skills to become the best nurse I can possibly be, but it’s also given me the gift of compassion, ferocity and selflessness.”

    MIL OSI USA News –

    January 25, 2025
  • MIL-OSI Security: Five Men Arrested for Conspiring to Distribute Over 150 Kilograms of Cocaine

    Source: Office of United States Attorneys

    MIAMI – On Oct. 29, five men, Carlos Manuel Velazquez Gomez, 43, David Martinez, 53, Juan Antonio Rivera Velasquez, 45, Onasis Lisandro Garcia, 49, and Richard John Sydney-Smith, 62, had their initial appearances on their respective federal criminal complaints which charge the defendants with conspiring to possess with intent to distribute over 150 kilograms of cocaine.

    On Oct. 27, Sydney-Smith and Garcia were traveling on a boat 2 miles east of Port Everglades, when they were intercepted by the U.S. Coast Guard and found to be transporting over 150 kilograms of cocaine. The investigation further yielded the arrests of Rivera Velasquez, Velazquez Gomez, and Martinez on Oct. 28, who were waiting in Fort Lauderdale, Fla. for the cocaine delivery.

    Pre-trial detention hearings have been scheduled in these matters for Nov. 1 and Nov. 4.

    U.S. Attorney for the Southern District of Florida Markenzy Lapointe and Special Agent in Charge Anthony Salisbury of Homeland Security Investigations (HSI), Miami, made the announcement.

    HSI Miami investigated this case with invaluable assistance from the U.S. Coast Guard and Customs and Border Patrol (CBP) Air and Marine Units. Assistant U.S. Attorney Latoya C. Brown is prosecuting it. 

    A criminal complaint contains allegations. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    Related court documents and information may be found on the website of the District Court for the Southern District of Florida at www.flsd.uscourts.gov or at http://pacer.flsd.uscourts.gov, under case numbers 24-mj-6500, 24-mj-6501, 24-mj-6502, 24-mj-6504, and 24-mj-6505.

    ###

    MIL Security OSI –

    January 25, 2025
  • MIL-OSI Security: Bank Robber Sentenced to Three-and-a-Half Years in Prison

    Source: Office of United States Attorneys

    PHOENIX, Ariz. – Justin Eric Lindsay, 29, of Phoenix, was sentenced last week by United States District Judge David G. Campbell to 42 months in prison, followed by 36 months of supervised release. On June 27, 2024, Lindsay pleaded guilty to two counts of Bank Robbery.

    Between August 2023 and January 2024, Lindsay robbed six banks before he was arrested by agents from the Federal Bureau of Investigation. During two of the robberies, Lindsay falsely claimed he had a firearm.

    This case was part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and make our neighborhoods safer for everyone. The Department of Justice reinvigorated PSN in 2017 as part of the Department’s renewed focus on targeting violent criminals, directing all U.S. Attorneys’ Offices to work in partnership with federal, state, local, and tribal law enforcement and the local community to develop effective, locally-based strategies to reduce violent crime.

    The Federal Bureau of Investigation, with the assistance of Tempe Police Department, Mesa Police Department, and Task Force Officers from the Peoria Police Department and the Phoenix Police Department conducted the investigation in this case. The United States Attorney’s Office, District of Arizona, Phoenix, handled the prosecution.
     

    CASE NUMBER:                   CR-24-00147-PHX-DGC
    RELEASE NUMBER:           2024-148_Lindsay

    # # #

    For more information on the U.S. Attorney’s Office, District of Arizona, visit http://www.justice.gov/usao/az/
    Follow the U.S. Attorney’s Office, District of Arizona, on X @USAO_AZ for the latest news.

     

    MIL Security OSI –

    January 25, 2025
  • MIL-OSI Security: Manchester, NH Man Sentenced to 3 Years for Wire Fraud, Identity Theft

    Source: Office of United States Attorneys

    Dominic Barbosa stole mail from across New England and used identities to open accounts

    PORTLAND, Maine:  A Manchester, New Hampshire man was sentenced today in U.S. District Court in Portland for committing wire fraud and aggravated identity theft.

    U.S. District Judge Nancy Torresen sentenced Dominic Barbosa (aka Christopher Barnhart), 29, to 12 months imprisonment on the wire fraud charge and 24 months on the aggravated identity theft charge, to be served consecutively, followed by two years of supervised release. He was also ordered to pay $51,804.40 in restitution. Barbosa pleaded guilty on May 13, 2024.

    According to court records, from at least March 2019 through March 2022, Barbosa obtained the identifications of individuals without their knowledge or consent. Barbosa stole mail in Massachusetts, New Hampshire and Maine, including bank account statements, tax returns, and other documents containing others’ means of identification. He kept records of that information to use in the scheme. As part of the scheme, Barbosa would apply for duplicate licenses for others, often changing the address, and then use the stolen identification information and duplicate driver’s licenses to open bank accounts, credit card accounts and lines of credit in others’ names. He also used the stolen identifications to make purchases or enter into contracts. When questioned by a U.S. Postal Inspector, Barbosa stated he had a cloud database with stolen identities, and investigators in Massachusetts found bins of mail and photocopies of identifying information in a storage unit Barbosa rented. 

    The Maine Bureau of Motor Vehicles, South Berwick Police Department, Litchfield Police Department (NH), North Reading Police Department (MA), Salem Police Department (NH), and U.S. Postal Inspection Service investigated the case.

    ###

    MIL Security OSI –

    January 25, 2025
  • MIL-OSI Security: Waterville Woman Pleads Guilty to Directing Another to Illegally Purchase a Firearm for Her

    Source: Office of United States Attorneys

    Nikeshia Knight paid for the purchase made and provided the straw purchaser with fentanyl after the sale

    BANGOR, Maine: A Waterville woman pleaded guilty today in U.S. District Court in Bangor to aiding and abetting another individual in making false statements during the purchase of a firearm.

    According to court records, after a Glock pistol was recovered following a July 2022 arrest in Salem, Massachusetts, an investigation by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) revealed the firearm had been purchased at a federally licensed firearms dealer (FFL) in Fairfield, Maine the prior month. ATF contacted the dealer who provided a copy of the ATF Form 4473 associated with the purchase. The FFL also provided ATF with a 4473 associated with another firearm purchase on June 16, 2022. Further investigation revealed that a second individual, Nikeshia Knight, 25, was involved in this purchase. When interviewed, Knight admitted that she had used a straw purchaser to acquire the firearm because she would not pass a background check, providing the individual with money for the purchase and with fentanyl after it was successfully made. Text messages between Knight and the proxy purchaser confirmed that Knight directed the purchase. 

    Knight faces a maximum of five years in prison and up to a $250,000 fine to be followed by up to three years of supervised release. She will be sentenced after the completion of a presentence investigation report by the U.S. Probation Office. A federal district judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    The ATF investigated the case.

    STRAW PURCHASING: A straw purchase is an illegal firearm purchase where the actual buyer of the gun, being unable to pass the required federal background check or desiring to not have his or her name associated with the transaction, uses a proxy buyer who can pass the required background check to purchase the firearm for him/her.

    ###

    MIL Security OSI –

    January 25, 2025
  • MIL-OSI Security: Former Officer Pleads Guilty to Embezzling More than $30,000 from DC Department of Corrections Union

    Source: Office of United States Attorneys

               WASHINGTON – Andra Parker, 65, of Capitol Heights, Maryland, pleaded guilty today to wire fraud for embezzling tens of thousands of dollars from a D.C. Department of Corrections Labor Union.

               The guilty plea was announced by U.S. Attorney Matthew M. Graves, FBI Acting Special Agent in Charge David Geist of the Washington Field Office Criminal and Cyber Division, and Special Agent in Charge Troy W. Springer of the National Capital Region, U.S. Department of Labor – Office of Inspector General (DOL-OIG).

               Parker, a former D.C. Corrections officer, served as Chairman of the Labor Committee, an organization that represents all members of the D.C. Department of Corrections, from June 2018 through approximately April 2019. As Chairman, Parker had full access to the Labor Committee’s bank accounts to carry out his official duties and was issued a debit card.

               As part of his guilty plea, Parker admitted that he misappropriated more than $30,000 of union funds to pay for unofficial travel, lodging, and entertainment for him and his friends. For example, he spent more than $7,000 on a trip to New York city for his friends and him, including $4,000 on rooms and expenses at a Times Square hotel, more than $370 on tickets to a New York Knicks game, and an additional $616 on tickets to Summer: The Donna Summer Musical. He also spent more than $2,000 in union funds to purchase four tickets to a Diana Ross concert in North Bethesda, Maryland.

               The Honorable Rudolph Contreras, who accepted Parker’s guilty plea, scheduled sentencing for March 6, 2025. 

               This case was investigated by the FBI’s Washington Field Office and the DOL-OIG. Assistance was also provided by the DOL – Office of Labor-Management Standards.

               This case is being prosecuted by Assistant U.S. Attorneys Joshua Gold and Kondi Kleinman of the Fraud, Public Corruption, and Civil Rights Section, with assistance from Paralegal Specialist Sonalika Chaturvedi.

    23cr0186

    MIL Security OSI –

    January 25, 2025
  • MIL-OSI Security: Independence Man Sentenced for Child Pornography

    Source: Office of United States Attorneys

    KANSAS CITY, Mo. – An Independence, Mo., man was sentenced in federal court today after being identified in two separate federal investigations sharing videos and images of child pornography online.

    Joseph L. Schutz, 39, was sentenced by U.S. District Judge Howard F. Sachs to 13 years and four months in federal prison without parole. The court also sentenced Schutz to 10 years of supervised release following incarceration. Schutz will be required to register as a sex offender upon his release from prison and will be subject to federal and state sex offender registration requirements, which may apply throughout his life.

    On Oct. 24, 2023, Schutz pleaded guilty to one count of distributing child pornography over the internet and one count of possessing child pornography.

    An FBI task force officer in Milwaukee, Wisconsin, posing undercover as an adult female, was conducting an investigation utilizing the Kik Messenger application in May 2020. The undercover officer joined multiple private groups dedicated to individuals interested in child pornography and whose members openly shared such material within the group. Schutz admitted that he received multiple videos and images of child pornography within one of these Kik groups, and also shared multiple videos and images of child pornography within the group.

    On May 14, 2020, law enforcement officers executed a search warrant at Schutz’s residence. Investigators found 18 images of child erotica and eight images of child pornography on Schutz’s cell phone.

    In July and August 2022, an FBI investigator in Texas communicated online with Schutz while conducting an undercover investigation. The undercover investigator posed as a 13-year-old female. Between July 28 and Aug. 1, 2022, Schutz invited the undercover investigator into a Kik group dedicated to the exchange of child pornography. During that time, Schutz admitted, he shared multiple videos of child pornography within the group.

    This case was prosecuted by Assistant U.S. Attorney David Luna. It was investigated by the FBI, the Kansas City, Mo., Police Department, and the Independence, Mo., Police Department.

    Project Safe Childhood

    This case was brought as part of Project Safe Childhood, a nationwide initiative launched in May 2006 by the Department of Justice to combat the growing epidemic of child sexual exploitation and abuse. Led by the United States Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state, and local resources to locate, apprehend, and prosecute individuals who sexually exploit children, and to identify and rescue victims. For more information about Project Safe Childhood, please visit www.usdoj.gov/psc . For more information about Internet safety education, please visit www.usdoj.gov/psc and click on the tab “resources.”

    MIL Security OSI –

    January 25, 2025
  • MIL-OSI Security: New Orleans Man Guilty of Being Felon in Possession of Ammunition

    Source: Office of United States Attorneys

    NEW ORLEANS, LOUISIANA – U.S. Attorney Duane A. Evans announced that on October 19, 2024,  AVERY JULIEN (“JULIEN”), age 28, a resident of New Orleans, pled guilty to being a felon in possession of ammunition, in violation of 18 U.S.C. §§ 922(g)(1) and 924(a)(2).  JULIEN faces up to 15 years imprisonment, a fine of up to $250,000.00, up to 3 years of supervised release, and a mandatory special assessment fee of $100.00.

    According to court records, on September 14, 2022, Jefferson Parish Sheriff’s Office deputies and New Orleans Police Department officers executed a search warrant at JULIEN’s New Orleans residence after learning that JULIEN may have committed a carjacking in Jefferson Parish.  During the search of his residence, two firearms, a Sig Sauer Model P229, .40 caliber semi-automatic pistol, and a Sig Sauer Model P250, .40 caliber semi-automatic pistol, were located in JULIEN’s bedroom.

    Federal law prohibits convicted felons, such as JULIEN, from possessing firearms.  In 2018, JULIEN was convicted of felonies in two separate cases in Orleans Parish Criminal District Court.  JULIEN knew he had been convicted of these felonies at the time that he possessed the ammunition.  United States District Judge, Brandon S. Long, will sentence JULIENon February 4, 2025. 

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone.  On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    The case was investigated by the Federal Bureau of Investigation, the Jefferson Parish Sheriff’s Office, and the New Orleans Police Department.  It is being prosecuted by Assistant United States Attorney Brittany Reed of the Public Integrity Unit.

    MIL Security OSI –

    January 25, 2025
  • MIL-OSI Security: Minneapolis Man Sentenced to Prison for Insider Trading Scheme

    Source: Office of United States Attorneys

    ST. PAUL, Minn. – A Minneapolis man has been sentenced to 18 months in federal prison, followed by two years of supervised release, and 320 hours of community service for an insider trading conspiracy involving nonpublic negotiations for the acquisition of a medical device company valued at $1.6 billion, announced First Assistant U.S. Attorney Lisa D. Kirkpatrick.

    According to evidence presented at trial, beginning in January 2018 through at least August 2020, Doron “Ron” Tavlin, 69, of Minneapolis, and Afshin “Alex” Farahan, 58, of Los Angeles, engaged in an insider trading conspiracy. The conspiracy involved nonpublic information about the acquisition of Mazor Robotics, an Israeli-based company that specialized in robotics for spinal procedures, by Medtronic, Inc., an Ireland-based medical device company that primarily operated from its executive headquarters in Minneapolis. Tavlin, while working as vice president of business development at Mazor Robotics, learned material, nonpublic information about Medtronic’s impending acquisition of his company. In violation of federal law and his duty to his former employer, Mazor Robotics, Tavlin tipped this information about the acquisition to his friend, Farahan, and instructed him to buy shares in the company. Tavlin and Farahan knew that Medtronic’s imminent acquisition of Mazor would likely result in an increase in Mazor’s stock price. Farahan used the nonpublic information tipped by Tavlin to quickly buy more than $1 million of Mazor stock throughout August and September 2018. The morning after the secret acquisition was publicly announced, Farahan immediately sold all the stock he had purchased over the preceding weeks based on Tavlin’s illegal tip, which resulted in a profit of over $246,000. According to evidence presented at trial, after the acquisition occurred, Tavlin learned that the Financial Industry Regulatory Authority (FINRA) was investigating certain trades of Mazor securities that occurred prior to the publicly announced acquisition. As part of its inquiry, FINRA asked Tavlin, and other insiders who knew about the secret acquisition negotiations, whether he knew any of the parties who traded in Mazor securities leading up to the public announcement. In January 2019, Tavlin responded to FINRA’s inquiry by falsely denying that he recognized any names on a list of persons and entities that purchased Mazor securities, which included Farahan.

    According to evidence presented at trial, the insider trading conspiracy included an agreement between Tavlin and Farahan that Farahan would pay money to Tavlin in exchange for the material, nonpublic information.

    On February 16, 2024, Tavlin was found guilty on one count of conspiracy to commit insider trading and ten counts of securities fraud and aiding and abetting securities fraud following a nine-day trial. He was sentenced yesterday in U.S. District Court by Judge Donovan W. Frank.

    Farahan pleaded guilty on August 4, 2022, to one count of conspiracy to engage in insider trading. His sentencing hearing will be scheduled at a later time.

    This case is the result of an investigation conducted by the FBI.

    Assistant U.S. Attorneys Matthew S. Ebert, Robert M. Lewis, and William C. Mattessich prosecuted the case. 

    MIL Security OSI –

    January 25, 2025
  • MIL-OSI Security: Defendant pleads guilty to throwing incendiary device, causing fire in local grocery store

    Source: Office of United States Attorneys

    CINCINNATI – A local man pleaded guilty in U.S. District Court here today to damaging a Spring Grove Village grocery store with an incendiary device in the style of a Molotov cocktail.

    Donald Donatelli, 28, currently of Batavia, admitted to causing malicious damage and destruction of a building in interstate commerce. The plea agreement includes a recommended sentence of 66 months in prison.

    According to court documents, at approximately 10pm on Nov. 26, 2023, Donatelli threw the incendiary device into the store while the store’s owner and his wife were inside. The store was open at the time of the fire.

    Donatelli had traveled to the grocery store on Gwinnet Drive with a co-defendant. Donatelli approached the front glass doors of the grocery store and had a bottle of gasoline with a rag inside. He lit the rag and threw the bottle inside the front doors while the co-defendant filmed a Snapchat video of the crime.

    A federal grand jury indicted Donatelli and the co-defendant in April 2024. Charges remain pending against Angela Schweitzer, 35.

    Kenneth L. Parker, United States Attorney for the Southern District of Ohio, and Daryl S. McCormick, Special Agent in Charge, U.S. Bureau of Alcohol, Tobacco, Firearms & Explosives (ATF), announced the guilty plea entered today before U.S. District Judge Matthew W. McFarland. U.S. Attorney Parker and Special Agent in Charge McCormick acknowledged the assistance of the Cincinnati Fire Department, Cincinnati Police Department, Hamilton County Sheriff’s Office and Union Township Police Department. Assistant United States Attorney Megan Gaffney Painter is representing the United States in this case.

    # # #

    MIL Security OSI –

    January 25, 2025
  • MIL-OSI Security: Four members of Tidewater drug trafficking conspiracy and two who supplied firearms sentenced to prison

    Source: Office of United States Attorneys

    NORFOLK, Va. – Four people have been sentenced to prison for their roles in a drug trafficking conspiracy that distributed methamphetamine and other drugs in the Tidewater area.  Two others have been sentenced to prison for providing firearms to one of the members of the drug trafficking conspiracy.

    By the fall of 2021, Leonard Tromell Brooks, 41, of Virginia Beach, a previously convicted drug trafficker, was conspiring with Kyle Derek Dean, 33, and Katie Loren Harbor, 29, both of Norfolk, to traffic significant quantities of methamphetamine in the Tidewater area. By January 2022, Colin Thomas Costello, 35, of Virginia Beach, had joined the conspiracy.

    On March 15, 2022, Dean transported Harbor so she could sell 3.41 grams of meth to an individual in Virginia Beach. On April 20, 2022, Dean sold 2.78 grams of meth to another individual in Norfolk.

    On April 6, 2022, Costello sold 26.05 grams of meth, and on April 12, 2022, Costello sold 67.50 grams of meth. On April 22, 2022, law enforcement conducted a traffic stop on Costello in Virginia Beach. Prior to coming to a stop, Costello tossed 58.83 grams of meth from the vehicle’s window.

    On April 20, 2022, and again on April 21, 2022, Brooks sold cocaine from a residence in Virginia Beach. Law enforcement learned that Brooks was expecting a shipment of meth from his Florida-based supplier to arrive in Virginia via train on April 22, 2022. They intercepted the courier and recovered five kilograms of 100% pure meth, commonly known as “ice” or “crystal” meth. On at least two previous occasions, Brooks ordered similar quantities of crystal meth for further distribution by Dean, Harbor, and Costello.

    On April 22, 2022, law enforcement executed search warrants at residences affiliated with all four conspirators. From Brooks’ residence, investigators recovered 219 grams of cocaine, 7.9 ounces of marijuana, $26,388 in drug-trafficking proceeds, a .45 caliber handgun, and ammunition. From Dean and Harbor’s residence investigators recovered 3.07 grams of meth, a ledger showing amounts of money owed to Dean and Harbor, digital scales, and packaging materials, as well as another 4.12 grams of meth found on Dean’s person. From Costello’s residence investigators recovered 405 grams of meth, quantities of fentanyl and cocaine, packaging materials, scales, and 14 firearms.

    As a previously convicted felon, Costello could not legally possess firearms. Jonathan Morrell Scott, 37, of Virginia Beach, straw purchased four firearms for Costello prior to April 22, 2022. On July 26, 2023, Scott pled guilty to making a false statement during the purchase of a firearm. On Dec. 12, 2023, Scott was sentenced to four months in prison.

    Costello’s girlfriend, Amber Dawn Hendricks, 40, of Virginia Beach, purchased four firearms in the two months preceding the search, including two purchased just two days before the search, despite being a user of and addicted to meth. She kept those firearms in the residence she shared with Costello. Despite being prohibited from possessing firearms, she and Costello kept a total of 11 firearms in their bedroom at the residence. On May 7, 2024, Hendricks was charged with possession of a firearm by a prohibited person. On Oct. 2, 2024, Hendricks was sentenced to two years and six months in prison.

    On Jan. 26, 2023, Costello pled guilty to conspiracy to distribute and possess with intent to distribute methamphetamine; manufacture, distribution, and possession with intent to distribute a Schedule II controlled substance; and possessing, using, and carrying firearms in furtherance of and during and in relation to a drug-trafficking crime. Costello was sentenced today to 20 years in prison.

    On Jan. 24, 2023, Dean pled guilty to conspiracy to distribute and possess with intent to distribute methamphetamine and distribution of methamphetamine. On June 15, 2023, Dean was sentenced to 18 years in prison.

    On Jan. 12, 2023, Harbor pled guilty to conspiracy to distribute and possess with intent to distribute methamphetamine and distribution of methamphetamine. On June 1, 2023, Harbor was sentenced to nine years in prison.

    On Jan. 10, 2023, Brooks pled guilty to conspiracy to distribute and possess with intent to distribute methamphetamine; manufacture, distribution, and possession with intent to distribute a Schedule II controlled substance; and possessing, using, and carrying firearms in furtherance of and during and in relation to a drug-trafficking crime. On May 12, 2023, Brooks was sentenced to 20 years in prison.

    Jessica D. Aber, U.S. Attorney for the Eastern District of Virginia; Jarod Forget, Special Agent in Charge for the Drug Enforcement Administration’s Washington Division; James VanVliet, Acting Special Agent in Charge of the Bureau of Alcohol, Tobacco, Firearms and Explosives Washington Field Division; Derek W. Gordon, Special Agent in Charge of Homeland Security Investigations Washington, D.C.; Damon E. Wood, Inspector in Charge of the Washington Division of the U.S. Postal Inspection Service; Mark Talbot, Chief of Norfolk Police; Paul Neudigate, Chief of Virginia Beach Police; and Ramin Fatehi, Norfolk Commonwealth’s Attorney, made the announcement after sentencing by U.S. District Judge Arenda Wright Allen.

    Assistant U.S. Attorney Kristin G. Bird and Special Assistant U.S. Attorney Graham M. Stolle, an Assistant Commonwealth’s Attorney with the Norfolk Commonwealth’s Attorney Office, prosecuted the case.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    A copy of this press release is located on the website of the U.S. Attorney’s Office for the Eastern District of Virginia. Related court documents and information are located on the website of the District Court for the Eastern District of Virginia or on PACER by searching for Case Nos. 2:22-cr-126 (Brooks, Dean, Harbor, and Costello), 2:23-cr-48 (Hendricks), and 2:23-cr-51 (Scott).

    MIL Security OSI –

    January 25, 2025
  • MIL-OSI: Talonvest Capital Negotiates $18M Full Capital Stack for Nashville Development

    Source: GlobeNewswire (MIL-OSI)

    NEWPORT BEACH, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) — Talonvest Capital, Inc., a boutique self-storage and commercial real estate advisory firm, along with its client Wedgewood Avenue are pleased to announce the successful closing of a joint venture equity investment along with construction financing for a best in class, institutional quality self-storage development located at 304 Oldham Street in Nashville, TN. Upon completion, the class A development will include 90,032 NRSF within a 3-story facility benefiting from exceptional visibility from major roadways, which average 250,000 vehicles per day, including Interstate-24, Ellington Parkway, and Spring Street.

    Beau Fowler, Managing Principal at Wedgewood Avenue, commented, “As a first-time client of Talonvest, I was incredibly impressed by their ability to think strategically and advise on the best structure for both the debt and equity components of our development. Talonvest provided valuable insights that helped us optimize our capital stack to maximize returns while mitigating risk.” The Talonvest team members responsible for this transaction included Jim Davies, Kim Bishop, Tom Sherlock, Ivan Viramontes, and Lauren Maehler.

    About Talonvest Capital Inc.:

    Talonvest Capital is a commercial real estate advisory firm specializing in sourcing cutting-edge capital programs and advising on capital market trends for industrial, self-storage, multifamily, office, and retail property owners. Talonvest Capital offers a unique boutique approach by leveraging the company’s collective institutional knowledge and remaining highly engaged throughout the entire assignment, including the closing process, to deliver tailored capital solutions for their clients. With over four decades of experience, Talonvest Capital has a unique perspective from its team’s previous experience on the lending side, managing institutional equity, executing nationwide joint venture investments, and facilitating diverse capital placements for clients across the United States. Learn more at https://talonvest.com.

    A photo accompanying this announcement is available at: 
    https://www.globenewswire.com/NewsRoom/AttachmentNg/f9c4f604-6b2f-44b7-9b88-1a151b45ab66

    The MIL Network –

    January 25, 2025
  • MIL-OSI United Kingdom: Scheme launches to support Registered lower-income workers30 October 2024 A temporary scheme to support lower-income workers who have lived in Jersey less than five years has been launched. The Registered Employee Support Payment Scheme (RESPS) has been established as part… Read more

    Source: Channel Islands – Jersey

    30 October 2024

    A temporary scheme to support lower-income workers who have lived in Jersey less than five years has been launched. 

    The Registered Employee Support Payment Scheme (RESPS) has been established as part of the range of support measures to assist employers and employees during Jersey’s transition towards a living wage. 

    Approximately 900 people who are believed to be eligible have been contacted by CLS to let them know that the support is available and that they have until 22 November to apply for a one-off lump sum payment of £250. 

    In order to be eligible for this scheme an individual must: 

    • be aged 18 or over 
    • have been be resident in Jersey for less than 5 years 
    • have Control of Housing and Work Law ‘Registered’ status 
    • not live in a household that meets the residency condition for the Income Support scheme 
    • have contribution earnings declared in every month for Quarter C of 2024 i.e. July, August and September 
    • be resident in Jersey and have a Jersey or other accepted UK bank account in their own name. 

    The scheme acknowledges that, while low-income individuals who have lived in Jersey for more than five years are eligible for Income Support and the Community Cost Bonus to help with their living costs, this support is not available to those that have been in Jersey for less than five years. 

    Minister for Social Security, Deputy Lyndsay Feltham, said: “The transition towards a living wage is an important priority of this Government. By 2026 we aim to reach a minimum wage based on two-thirds of the median wage and we are providing some temporary support measures to these employees during that time.

    “I also recognise the impact the current cost of living is having on lower-income workers not entitled to Income Support. These Islanders provide valuable services across a range of sectors and make a significant contribution to the Island. 

    ​​​​“They will benefit significantly from increases in the minimum wage over the next two years and this scheme is designed to support lower wage earners through this transitionary period, and hopefully encourage them to stay in the Island, and continue to provide important services and skills.”​

    MIL OSI United Kingdom –

    January 25, 2025
  • MIL-OSI United Kingdom: E3 foreign ministries call for the urgent renewal of Israeli-Palestinian correspondent banking services

    Source: United Kingdom – Executive Government & Departments 3

    Statement calling on Israel to urgently renew reciprocal banking arrangements to prevent economic collapse in the Occupied Palestinian Territories.

    The foreign ministries of France, Germany and the United Kingdom call for the urgent renewal of Israeli-Palestinian correspondent banking services for a period of at least one year. Failure to renew would completely suspend cross-border trade, which would be catastrophic for the Palestinian economy. This will endanger regional security and harm Palestinian and Israeli businesses alike.

    We note the significant steps completed in recent months to mitigate risks related to illicit financing, including the completion of a National Risk Assessment by the Palestinian Monetary Authority and agreement for a MENAFATF on-site evaluation to take place next year.  

    We urge the Government of Israel to renew the indemnifications without delay for a period of least one year, in line with their obligations under the Paris Protocol. We are committed to working with Israel and the Palestinian Authorities to continue countering the financing of terrorism while reiterating that a failure to renew indemnifications, or another temporary renewal, would be unacceptable and cause serious economic damage to both Israel and the West Bank.

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    Updates to this page

    Published 30 October 2024

    MIL OSI United Kingdom –

    January 25, 2025
  • MIL-OSI Canada: People urged to be prepared, stay safe this Halloween

    Source: Government of Canada regional news

    As Halloween approaches, the Province is reminding parents and caregivers to be on alert and check all candy and treats their kids receive to ensure no cannabis products were accidently handed out.

    The dangers posed to young people by illegal, colourful packaging are frequently compounded by a high THC concentration in the unregulated product. All legal cannabis producers must follow strict packaging and labelling rules to ensure products do not appeal to children and youth.

    In British Columbia, only adults 19 and older may purchase, possess and consume non-medical cannabis products. Strict penalties are in place for those who sell or provide these products to minors.

    Some tips for parents and caregivers while checking candy and treats include looking for labels such as “THC” or “Cannabis” and discard any suspicious items. If anything seems off, people are encouraged to report it to the police immediately.

    It is also important that partygoers plan a safe ride home if they consume cannabis or alcohol as part of Halloween celebrations.

    Quick Facts:

    • Since Canada legalized non-medical cannabis in October 2018, B.C. has implemented a zero-tolerance framework for specific drugs, including cannabis for new drivers in the Graduated Licensing Program.
    • The Province has extended administrative driving prohibitions to cover drug-affected driving.

    Learn More:

    To learn more about a recent seizure of counterfeit cannabis-laced candy bars on Vancouver Island, visit: https://bc-cb.rcmp-grc.gc.ca/ViewPage.action?siteNodeId=2087&languageId=1&contentId=85905

    To learn more about impaired driving laws in B.C., visit: https://www2.gov.bc.ca/gov/content/transportation/driving-and-cycling/roadsafetybc/high-risk/drugs-alcohol

    To learn more about cannabis regulation in B.C., visit: https://www2.gov.bc.ca/gov/content/safety/public-safety/cannabis

    Media Contacts

    Ministry of Public Safety and Solicitor General

    Media Relations
    778 405-3306

    https://news.gov.bc.ca/31764

    MIL OSI Canada News –

    January 25, 2025
  • MIL-OSI USA: Congressman Biggs Introduces Legislation to Free Companies From the Chokehold of the Harris-Biden Regime’s Woke Social Priorities

    Source: United States House of Representatives – Congressman Andy Biggs (AZ-05)

    Congressman Andy Biggs (R-AZ) introduced the Stop Woke Investing Act, legislation promoting corporate America’s return to the free exchange of ideas. The Securities and Exchange Commission (SEC) has broad power to dictate what shareholder proposals a public company must consider. Under the Harris-Biden regime, the SEC has severely limited the ability of companies to exclude radical ESG proposals, like requiring companies to conduct “racial equity audits” or to set mandates to reduce greenhouse gas emissions, that are detrimental to a company’s financial responsibilities to their shareholders.

    Actions from this Administration have forced companies to include controversial policies that are of little to no value to their business operations and accomplish nothing other than serving a woke social agenda. Kamala Harris and Joe Biden have weaponized every aspect of the federal government to punish those who refuse to cower in the face of their radical priorities.

    The legislation would:

    • Allow businesses to reject frivolous shareholder proposals unrelated to the financial success of the company.
    • Limit the amount of proposals on which a company is permitted to vote, encouraging the prioritization of proposals that advance shareholder interests.

    “Woke activism shouldn’t be placed ahead of the profitability of a public company,” said Congressman Biggs.

    “Businesses should not be enslaved to radical ESG priorities that pull attention away from their fiduciary responsibilities. Focusing on woke policies only serves to harm businesses, investors, and the American economy. Congress must continue fighting the weaponization of the Harris-Biden regime and its push to radicalize Americans’ day-to-day lives. 

    “I’m thankful for the support of my colleagues and for Senator Eric Schmitt’s (R-MO) leadership on this issue in the Senate.”

    “Over the years activist investors have increasingly proposed shareholder resolutions to compel American companies to consider ESG-related priorities that have nothing to do with financial performance. The focus on ancillary environmental and social factors is putting businesses’ management at odds with their fiduciary duty to maximize financial returns to shareholders,” said Grover Norquist, President of Americans for Tax Reform. 

    “That is why I am proud to support Rep. Biggs’s Stop Woke Investing Act, which would limit the amount of extraneous shareholder resolutions that can be included on a company’s proxy ballot. The shareholder resolutions submitted must also have a material effect on the financial performance of the company. This bill preserves the true meaning of fiduciary duty and ensures American companies can continue to focus on job creation, financial performance, and economic growth.”

    Cosponsors of the Stop Woke Investing Act are: Rep. Andy Ogles (R-TN), Rep. Eli Crane (R-AZ), and Rep. Eric Burlison (R-MO).

    The legislation may be read here.

    Breitbart covered the legislation here.

    MIL OSI USA News –

    January 25, 2025
  • MIL-OSI New Zealand: Privacy News – October 2024

    Source: Privacy Commissioner

    October’s issue of Privacy News features a joint statement on data scraping fromOPC and several global privacy counterparts, new guidance about handling privacy complaints and conciliation, and an article by the Commissioner about employee browsing. You can also read about our popular camera concerned AskUs questions, and updated e-learning resources. Read the October issue.

    MIL OSI New Zealand News –

    January 25, 2025
  • MIL-OSI New Zealand: Te Māori Manaaki Taonga Trust Board strengthened

    Source: New Zealand Government

    He toi whakairo, he mana tangata.

    The reappointment of one trustee and the appointment of four new trustees to the Te Māori Manaaki Taonga Trust Board will enable the legacy of Te Māori to be carried forward into the future, Māori Development Minister Tama Potaka and Arts Minister Paul Goldsmith have announced.

    Mr Arapata Hakiwai (Rongowhakaata, Ngāti Kahungunu, Ngāti Porou, Ngāi Tahu) has been reappointed. Mr Hakiwai is currently the kaihautū Māori co-leader at the Museum of New Zealand Te Papa Tongarewa, where he provides bicultural leadership and works to develop strong relationships with iwi. 

    The four new appointments are:

    Tā Selwyn Parata (Ngāti Porou). Tā Selwyn is a champion of the utilisation and revitalisation of te reo Māori, tikanga, waiata and kapa haka. Under his leadership, Te Matatini has grown significantly in viewership and kapa haka participation across the country. 

    Ms Puamiria Parata-Goodall (Ngāi Tahu, Ngāti Māmoe, Waitaha and Ngāti Kahungunu). Ms Parata-Goodall has over 30 years’ experience in the arts, culture and heritage sectors. She is current a member of the Ngāi Tahu Fund, Te Pae Kōrako Ngāi Tahu Archives, Canterbury Museum Trust Board and the Arts Council of New Zealand. 

    Mr Ngataiharuru Taepa (Te Arawa, Te Āti Awa). Mr Taepa is one of New Zealand’s most significant and innovative contemporary Māori artists and is the present Chair of Te Atinga, Contemporary Visual Arts Committee of Toi Māori Aotearoa.

    Ms Evie O’Brien (Ngāti Awa, Ngāti Ranginui and Ngāti Pikiao). Ms O’Brien has built a career working in executive leadership in higher education. She was previously the inaugural Program Director at the Atlantic Institute based at Rhodes Trust, Oxford, in the United Kingdom.

    These appointments come as we have just marked the 40th anniversary of Te Māori, Arts Minister Paul Goldsmith says.

    “Te Māori stands as one of Aotearoa New Zealand’s most significant cultural achievements, a transformative event that brought Māori taonga to the world, showcasing the identity, mana, and the richness of Māori culture.”

    Established by founding trustees Tā Hirini Moko Mead, Wiremu Cooper and Te Aue Davis, the Trust sought to ensure that Māori were afforded the skills needed to care for their taonga, Māori Development Minister Tama Potaka says.

    The Trust was relaunched in 2015 by Piri Sciascia, Arapata Hakiwai and Garry Nicholas, with a broader focus including leading and supporting information exchange, knowledge transfer, and increasing awareness and understanding of taonga Māori.

    “I believe there is potential for a reimagined Te Māori, where our culture and taonga amplify international trade and tourism opportunities.  

    “To quote Tā Hirini Moko Mead, ‘Te Māori raised our self-esteem, it gave us more space in the world, it defined clearly our identity as Māori and as New Zealanders, it ennobled us and lifted our morale – illuminated by a new glow of internationalism’.

    “Te Māori is as relevant today as it was 40 years ago, and our collective challenge is to enable its impact to continue.

    “I want to acknowledge and thank Garry Nicholas, for his commitment to reviving and strengthening the Trust.”

    Kua whakapakarihia te Poari o Te Māori Manaaki Taonga Trust

    He toi whakairo, he mana tangata.

    I te whakatūnga i tētahi kaitiaki, me te whakatūnga anō i tētahi tokowhā kaitiaki hōu ki te Poari o Te Māori Manaaki Taonga Trust ka whai mana tonu Te Māori haere ake nei, e ai ki tā te Minita Whanaketanga Māori Tama Potaka rāua ko te Minita Toi Paul Goldsmith tauākī.

    Kua whakatūngia anō a Mr Arapata Hakiwai (Rongowhakaata, Ngāti Kahungunu, Ngāti Porou, Ngāi Tahu). Ko Mr Hakiwai te kaihautū Māori takirua i Te Papa Tongarewa, te tukuna ai e ia ngā aratakinga ā-ahurea, te whakapau kaha ai hoki e kino ai te painga o ngā hononga ki ngā iwi.

    Koia ēnei ko ngā whakatūnga hōu e whā:

    Tā Selwyn Parata (Ngāti Porou). He kaihapahapai a Tā Selwyn i te karawhiua me te whakarauoratia o te reo Māori, te tikanga, te waiata, me te haka. I te urungitanga āna, kua mātotoru te tupuranga o tō Te Matatini hunga mātakitaki, waihoki, kua pēnā hoki te nōhanga mai a te tini makiu ki ngā kapa haka puta noa i te motu.

    Ms Puamiria Parata-Goodall (Ngāi Tahu, Ngāti Māmoe, Waitaha, Ngāti Kahungunu). Kua koni atu i te 30 tau a Ms Parata-Goodall e noho nei ki te ururuatanga o ngā rāngai mō te toi, te ahurea me te tiaki taonga. He mema ia i te Tahua Ngāi Tahu, Te Pae Kōrako Ngāi Tahu Archives, Canterbury Museum Trust Board me Toi Aotearoa.

    Mr Ngataiharuru Taepa (Te Arawa, Te Āti Awa). Ko Mr Taepa tētahi o ngā tino i te ao toi hōu Māori i Aotearoa, ā, ko ia hoki te Upoko o Te Atinga, te Komiti Toi Ataata Hōu o Toi Māori Aotearoa.

    Ms Evie O’Brien (Ngāti Awa, Ngāti Ranginui, Ngāti Pikiao). Kua poipoi a Ms O’Brien i tōna anō umanga i āna mahinga i te hunga kaihautū i te ao mātauranga tiketike. I ōna wā, ko ia te Kaihautū Kaupapa tuatahi i te Atlantic Institute i te Rhodes Trust, i Oxford, i Peretānia.

    He huanga ēnei whakatūnga i tā mātou whakanui i te huringa tau 40 o Te Māori, hei tā te Minita Toi Paul Goldsmith.

    “Mātāmua ko Te Māori e tū ana hei angitutanga ā-ahurea nā Aotearoa, arā, he huinga whakaumu i kitea ai ngā taonga Māori e te ao, i whakaaturia ai te tuakiri, te mana, me te iho o te ahurea Māori.”

    He mea whakatū e ngā kaitiaki, e Tā Hirini Moko Mead rātou ko Wiremu Cooper, ko Te Aue Davis, me te aha anō, ko te kōingotanga o te Tiakitanga kia whāia e te Māori ngā pūkenga e tiakina ai ā rātou taonga, hei tā te Minita Whanaketanga Māori Tama Potaka.

    I whakarewaina anō te Tiakitanga i te 2015 e Piri Sciascia rātou ko Arapata Hakiwai, ko Garry Nicholas, me te whāinga whānui e tae rā anō ana ki te aratakinga me te tautokonga i te whakawhitia o te mōhiohio, te mātauranga, me te whakatairanga i ngā mōhiotanga me ngā māramatanga ki ngā taonga Māori.

    “Hei tāku, he pito mata e pohewatia anō ai Te Māori, e whakanuia ai te tauhokohoko ā-ao me ngā whai wāhitanga ā-tāpoi e tō tātou ahurea me ā tātou taonga.

    “Arā te kōrero a Tā Hirini Moko Mead, ‘Nā Te Māori i hiki ai te wairua, i whai wāhi ai tātou ki te ao hurihuri, nāna tō tātou tuakiri i āta whakatauria mai hei Māori, hei ngāi Aotearoa hoki, nāna tātou i rangatira ai, i mana ai – ā, i miramiratia e te kura o te ao’.

    “E pērā tonu ana te hāngai o Te Māori i ēnei rā, tērā i ngā tau e 40 ki muri, ka mutu, ko tā mātou wero he para i te huarahi e whai pānga tonu ai ia.

    “E tika ana rā hoki kia mihia a Garry Nicholas i tāna ūnga ki te whakaoranga ake me te whakapakarihia o te Tiakitanga.”

    MIL OSI New Zealand News –

    January 25, 2025
  • MIL-OSI USA: $16 Million in Federal Funding Fuels Tennessee’s Recovery a Month After Helene

    Source: US Federal Emergency Management Agency

    Headline: $16 Million in Federal Funding Fuels Tennessee’s Recovery a Month After Helene

    $16 Million in Federal Funding Fuels Tennessee’s Recovery a Month After Helene

    A month after the major presidential disaster declaration for the Sept. 26-30 flooding from Tropical Storm Helene, Tennessee families and communities are recovering with $16.4 million in funding from FEMA as well as support from the state, other federal agencies, and voluntary and community organizations.Helene’s rains devastated Eastern Tennessee, leaving mountains of debris strewn across a vast area, knocking out power and communications to thousands, and cutting off drinking water. Residents were left without cell coverage, internet connections and access to essential necessities. It may be years before these remote and rural communities resemble the charm they had before.The disaster declaration was approved on Oct. 2, authorizing funding from FEMA’s Individuals and Households Program to the counties most heavily impacted by the storms: Carter, Cocke, Greene, Hamblen, Hawkins, Johnson, Unicoi and Washington counties. Survivors have until Monday, Dec. 2, to apply for FEMA assistance.State, federal and voluntary organizations have collaborated to drive the recovery. As of Oct. 30, $16.4 million in FEMA funds has been approved for Tennessee’s homeowners, renters and businesses. And FEMA authorized a Direct Temporary Housing mission for survivors who had major or significant structural damage to their primary homes. The American Red Cross, Salvation Army and the Tennessee Department of Education have completed their mission after serving 140,903 meals to survivors.In the early days after the storms, with communications down across a swath of rural communities, FEMA brought in a mobile unit that continues to provide high-speed internet by connecting to satellites.Debris removal remains a major priority. The state and federal partners joined with local communities to clear more than 24,000 cubic yards of debris, a visible and vital step in recovery operations. Special attention is focused on Douglas Reservoir, located only a few miles from the Pigeon Forge-Gatlinburg area and the Great Smoky Mountains National Park. A mile-long curtain was installed to save the dam from damage by 1 million cubic yards of debris that rushed into the lake during the storms. Vegetation, construction and demolition equipment, and hazardous materials continue to line the shores even as the reservoir returns to pre-disaster water levels. Perhaps FEMA’s biggest challenge during the response operation has been the campaign to counter misinformation and harmful rhetoric about FEMA’s assistance programs, which was having a negative impact on Tennesseans desperately in need of help. The agency built a Helene Rumor Response webpage where survivors could find the facts themselves, and it continues to push messaging, in English and Spanish, about the many types of available assistance tailored to each survivor’s unique situation. FEMA accomplishes this by directing traffic to the state’s tn.gov/TEMA and fema.gov/Helene/Tennessee disaster pages as well as FEMA’s social media sites on Facebook, X, Instagram and YouTube.But the work of recovery has only just begun. Here are a few highlights:$16.4 million in funding from the Individuals and Households Program to provide financial help to those who are unable to meet their disaster-related needs through insurance or other means. As part of that total, more than $8 million represents Housing Assistance to help homeowners repair or replace residential property damage that is not covered by insurance.$8.3 million in Other Needs Assistance covers necessary disaster-related expenses such as medical bills; money to clean, repair or replace household items; to repair or replace vehicles damaged by the disaster and other non-housing needs.The Direct Temporary Housing Assistance program will help homeowners and renters whose homes were destroyed or heavily damaged.More than $1.07 million for 186 claims was paid to National Flood Insurance policyholders. The program also extended the grace period for paying policy premiums to Tuesday, Nov. 26.FEMA’s Disaster Survivor Assistance specialists visited 6,277 homes, 288 businesses and 237 community facilities. They also referred 1,140 survivors to community resources.More than $53,000 was paid in Disaster Unemployment Assistance to Tennesseans who have been unable to work because of the disaster. FEMA funds the unemployment program, which is managed by the state.Some 1,311 survivors have visited FEMA’s Disaster Recovery Centers to apply for federal assistance, to get help uploading documents to their account or get answers to questions including decisions about eligibility for FEMA assistance. A Mobile Disaster Recovery Center is scheduled to open Nov. 1 in Johnson County.Specialists at the state’s three Multi-Agency Resource Centers in Carter, Cocke and Washington counties also help survivors apply for FEMA assistance and connect them with additional local, state, federal and voluntary agency resources.Disaster assistance is also available to help communities respond to and recover from Helene’s deadly wrath. FEMA Public Assistance was approved for state and local governments and some private non-profits. These funds help communities cover the costs for debris removal, life-saving emergency protective measures and restoring public infrastructure.Public Assistance is a cost-sharing program and FEMA’s largest grant program. FEMA typically covers 75% of funding and the state covers 25%. For Helene damage in Tennessee, President Biden authorized 100% federal funding for emergency work generated by the disaster. This means FEMA will cover all eligible costs incurred during any 45-day period of the state’s choosing during the first 120 days from the start of the disaster, or Sept. 26. This allows communities to maximize cost savings by selecting the 45 days when the greatest costs occurred.Under Public Assistance, the federal share of funding is reimbursed through the Tennessee Emergency Management Agency to disburse to local agencies, local governments and certain private non-profits including houses of worship.
    kwei.nwaogu
    Wed, 10/30/2024 – 20:38

    MIL OSI USA News –

    January 25, 2025
  • MIL-OSI USA: FEMA Direct Temporary Housing Approved for Tennessee

    Source: US Federal Emergency Management Agency

    Headline: FEMA Direct Temporary Housing Approved for Tennessee

    FEMA Direct Temporary Housing Approved for Tennessee

    With affordable housing in short supply, FEMA has approved temporary housing for 18 months for homeowners and renters who had major or significant structural damage after Tropical Storm Helene’s floodwaters swept across Eastern Tennessee Sept. 26-30.Direct Temporary Housing Assistance is approved for Helene survivors until April 2, 2026, and includes Direct Lease, Multifamily Lease and Repair, and Transportable Temporary Housing Units. For Direct Lease, FEMA leases existing, ready-to-occupy residential properties for use as temporary housing. Under Multifamily Lease and Repair, the agency funds the repair or improvement of existing, vacant multi-family rental properties that eligible applicants can use for temporary housing. Knowing that housing solutions are not one-size-fits-all and each survivor has a unique set of needs, FEMA will contact homeowners to determine if they would like a Transportable Temporary Housing Unit. These are furnished one-, two- or three-bedroom units provided at no cost to eligible survivors. If necessary, these units can be modified or improved to be compliant with the guidelines of the Americans with Disabilities Act, providing accessibility for individuals with disabilities or access and functional needs.TEMA’s assessment of homes, barns, sheds and other structures estimates nearly $20.37 million in damage was caused by the record flooding from Helene. The assessment identified 114 affected structures including 48 that were destroyed, 51 with major damage and 12 with minor damage. Two other structures also sustained some damage. Between 346 and 414 applicants may be eligible for FEMA direct housing, the state’s preliminary estimates show.Survivors whose primary residence is in one of six counties – Carter, Cocke, Greene, Johnson, Unicoi or Washington – must first apply for FEMA Individual Assistance before the Monday, Dec. 2, deadline to be eligible for Direct Temporary Housing Assistance. Assessments are ongoing for Hamblen and Hawkins counties.To apply, go online to DisasterAssistance.gov, use the FEMA App or call the FEMA Helpline at 800-621-3362. Lines are open from 7 a.m. to midnight Eastern Time. Operators speak most languages; if you use a relay service, captioned telephone or other service, you can give FEMA your number for that service. You may also visit a Disaster Recovery Center. For locations and hours, visit fema.gov/drc.To watch an accessible video on how to apply, visit FEMA Accessible: Registering for Individual Assistance (youtube.com).
    kwei.nwaogu
    Wed, 10/30/2024 – 20:43

    MIL OSI USA News –

    January 25, 2025
  • MIL-OSI USA: Disaster Recovery Centers to Close for Election Day

    Source: US Federal Emergency Management Agency

    Headline: Disaster Recovery Centers to Close for Election Day

    Disaster Recovery Centers to Close for Election Day

    Disaster Recovery Centers for the storms and flooding that took place July 11-13 and July 29-31 will be closed for Election Day, Tuesday,  Nov. 5. These centers are located at the Newport Municipal Building (222 Main St) and at the Lyndon Public Safety Facility (316 Main St).Because the center at the Hinesburg Town Hall ( 10632 Route 116) will be used as a voting site, it will be closed Monday, Nov. 4 through Wednesday, Nov. 6.The DRCs at Newport and Lyndon will reopen at 9 a.m. on Wednesday, Nov. 6.The DRC in Hinesburg will reopen at 9 a.m. on Thursday, November 7. Hours for all DRCs are 9 a.m. to 6 p.m. Monday – Saturday. Residents affected by the flooding don’t need to visit a Disaster Recovery Center to apply for or receive FEMA assistance. The deadline to apply is November 25, 2024. Three ways to apply include:Online at DisasterAssistance.govThe FEMA mobile app Call the FEMA Helpline at 1-800-621-3362. Phone lines operate from 7 a.m. to 10 p.m. (in your time zone), seven days a week. Help is available in most languages. If you use video relay service (VRS), captioned telephone service or others, give FEMA your number for that service. For an accessible video on how to apply for assistance go to, youtube.com/watch?v= WZGpWI2RCNw..
    adrien.urbani
    Wed, 10/30/2024 – 21:34

    MIL OSI USA News –

    January 25, 2025
  • MIL-OSI Australia: Northern Territory Police Arrest Absconded Prisoners

    Source: Northern Territory Police and Fire Services

    Northern Territory Police have successfully apprehended two 17-year-old males who absconded from the Alice Springs Youth Detention Centre on 29 October 2024.

    The escapees handed themselves in at the Alice Springs Police Station last night, bringing an end to the search.

    Both individuals have been charged with Escape from lawful custody and Damage to property and will attend court today.

    Police thank the community for their assistance during the search.

    MIL OSI News –

    January 25, 2025
  • MIL-OSI Security: Eleven Minneapolis Gang Members Charged with RICO Conspiracy, Murder in Aid of Racketeering, and Drug Trafficking Offenses

    Source: United States Attorneys General 4

    A federal grand jury in Minneapolis returned an 18-count indictment yesterday against 11 alleged members of the Lows — a violent Minneapolis street gang — for crimes including Racketeer Influenced and Corrupt Organizations (RICO) conspiracy involving murder, attempted murder, gun trafficking, and drug trafficking.

    “According to the indictment, these defendants are leaders, organizers, and members of the Lows street gang, a violent gang that allegedly committed multiple murders and attempted murders and trafficked in guns and drugs, including fentanyl,” said Principal Deputy Assistant Attorney General Nicole M. Argentieri, head of the Justice Department’s Criminal Division. “Violent gangs that engage in bloody street wars and peddle deadly drugs endanger our communities. The Criminal Division, along with our local, state, and federal partners, is committed to holding violent criminals accountable, including by bringing racketeering charges.”

    “The Lows are an exceptionally violent criminal street gang that has terrorized north Minneapolis for nearly 20 years. Through threats and violence — shootings and murders — the Lows have long sought to establish dominion over large swaths of our city,” said U.S. Attorney Andrew Luger for the District of Minnesota. “My office will continue to respond to gang violence by treating it as the organized criminal activity it is. This indictment is an important step in dismantling a violent street gang that has devastated families and communities in north Minneapolis.”

    “More than 100 people lose their lives to gun violence every day in the United States,” said Special Agent in Charge Travis Riddle of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) St. Paul Field Division. “There will never be a time where this will be considered acceptable. Our ATF agents put forth solid investigative work in this case utilizing crime gun intelligence that without a doubt aided the case announced today. ATF is happy to work alongside each of our partners in this investigation, and we are grateful to the Criminal Division, U.S. Attorney Luger, and the entire team for taking up this challenging RICO case.”

    “The charges in this indictment reflect our unwavering commitment to bringing violent criminals to justice,” said Special Agent in Charge Alvin M. Winston Sr. of the FBI Minneapolis Field Office. “For too long, the Lows have inflicted pain and spread fear in north Minneapolis. Together with our law enforcement partners, we are determined to remove this threat from our communities and help restore a sense of security to all who call this city home.”

    “Today’s indictment provides a stark reminder that violence and drug trafficking go hand-in-hand,” said Special Agent in Charge Steven T. Bell of the Drug Enforcement Administration (DEA) Omaha Division. “These were not victimless crimes. Communities were hurt. The DEA will continue its unwavering focus to remove threats of violence and hold accountable the individuals responsible for inflicting fear on the streets of Minneapolis.”

    “The individuals named in this indictment allegedly engaged in homicide, and illegal drug and firearms trafficking, which created an atmosphere of terror and disrupted countless lives in this community,” said Acting Special Agent in Charge Ramsey E. Covington of the IRS Criminal Investigation (CI) Chicago Field Office. “These charges represent a pivotal milestone in our commitment to restore safety and uphold justice in the communities we serve. Working with their federal, state, and local law enforcement partners, IRS-CI special agents will continue to follow every financial trail to dismantle the networks fueling these criminal enterprises. We stand united against the violence and fear that street gangs have inflicted upon our communities in Minneapolis and elsewhere.”

    “The Lows, and criminal organizations like them, wreak havoc on our communities, threatening the safety of our communities on a daily basis through their many acts of violence, murder, and narcotics and firearms trafficking,” said Special Agent in Charge Jamie Holt of Homeland Security Investigations (HSI) St. Paul. “HSI St. Paul will continue to foster a strong collaboration with our law enforcement partners to bring an end to the chaos these criminal organizations inflict on our local communities.”

    “This multi-count indictment against ranking members of the Lows gang is an excellent example of multiple law enforcement agencies combining their expertise and resources to conduct investigations with the common goal of taking down violent leaders perpetuating street violence involving guns and narcotics,” said Inspector in Charge Bryan Musgrove of the U.S. Postal Inspection Service (USPIS) Denver Division. “These RICO charges aim to remove these allegedly violent offenders from our community. U.S. Postal Inspectors are committed to continuing our work to dismantle drug trafficking operations to keep USPS customers and employees safe from greedy drug traffickers who favor profit over human lives.”

    As alleged in this indictment, the defendants were members of the Lows criminal street gang, which has been in existence in Minneapolis since approximately 2004. The Lows are primarily active in the northside of Minneapolis. They allegedly traffic in firearms and narcotics, including fentanyl, and use threats, intimidation, and violence to protect their territory, reputation, illicit proceeds, and power.

    The indictment charges that the defendants engaged in a pattern of racketeering — that is, unlawful acts of violence, gun trafficking, and narcotics trafficking — for the benefit of the Lows enterprise. These acts include seven alleged murders or attempted murders involving a total of ten victims.

    The 11 defendants, all from Minneapolis, have been indicted for the following crimes:

    Ashimiyu Alowonle II, 38, also known as Cash, is charged with RICO conspiracy and conspiracy to distribute controlled substances.

    Timothy Callender III, 26, also known as Lil’ Tim, is charged with RICO conspiracy and conspiracy to distribute controlled substances.

    Glenn Carter III, 23, also known as G5 and Bossman Carter, is charged with RICO conspiracy; using, carrying, or possessing a firearm in furtherance of a crime of violence resulting in death; and conspiracy to distribute controlled substances. Carter is charged with committing a murder on May 14, 2022, as a racketeering act in furtherance of the RICO conspiracy.

    Victor Collins, 22, also known as Vic, is charged with RICO conspiracy; using, carrying, or possessing a firearm in furtherance of a crime of violence resulting in death; conspiracy to distribute controlled substances; possession with intent to distribute a controlled substance; and possessing a firearm a firearm in furtherance of drug trafficking. Collins is charged with committing a murder and an attempted murder on Feb. 27 as a racketeering act in furtherance of the RICO conspiracy.

    Damari Douglas, 20, also known as Mari, is charged with RICO conspiracy, being a felon in possession of a firearm, and possession of a machine gun. Douglas is charged with committing a murder on Dec. 3, 2023, as a racketeering act in furtherance of the RICO conspiracy.

    Deontae Jackson, 35, also known as Leef, is charged with RICO conspiracy and conspiracy to distribute controlled substances.

    Shannon Jackson, 32, also known as Shakedown, is charged with RICO conspiracy; using, carrying, or possessing a firearm in furtherance of a crime of violence resulting in death; conspiracy to distribute controlled substances; possession with intent to distribute a controlled substance; possessing a firearm in furtherance of drug trafficking; and being a felon in possession of a firearm. Jackson is charged with committing a murder on April 27, 2023, as a racketeering act in furtherance of the RICO conspiracy.

    Robert Knights Jr., 19, also known as CMB Rob and Lil’ Rob, is charged with RICO conspiracy, conspiracy to distribute controlled substances, possession with intent to distribute a controlled substance, and possessing a firearm in furtherance of drug trafficking.

    Albert Lucas V, 20, also known as Abk Sav, is charged with RICO conspiracy; using, carrying, or possessing a firearm in furtherance of a crime of violence resulting in death; and conspiracy to distribute controlled substances. Lucas is charged with committing multiple murders and an attempted murder on Feb. 27 and May 6, 2021, as a racketeering act in furtherance of the RICO conspiracy.

    Kaprice Richards, 23, also known as Kap, is charged with RICO conspiracy and using, carrying, or possessing a firearm in furtherance of a crime of violence resulting in death. Richards is charged with committing an attempted murder on May 29, 2022, and a murder on April 27, 2023, as racketeering acts in furtherance of the RICO conspiracy.

    Cartrelle Smith, 27, also known as Poo Moe, is charged with RICO conspiracy, conspiracy to distribute controlled substances, possession with intent to distribute a controlled substance, and possessing a firearm in furtherance of drug trafficking.

    If convicted, the defendants face a range of penalties, including up to life in prison for racketeering conspiracy involving acts of murder, using a firearm to commit murder, and conspiracy to distribute controlled substances. A federal district court judge will determine any sentence after the consideration of the U.S. Sentencing Guidelines and other statutory factors.

    ATF, FBI, DEA, IRS-CI, HSI, USPIS, Minneapolis Police Department, Hennepin County Sheriff’s Office, Minnesota Bureau of Criminal Apprehension, and Minnesota Department of Corrections are investigating the case, with assistance from the U.S. Marshals Service.

    Trial Attorney Jared Engelking of the Criminal Division’s Violent Crime and Racketeering Section and Assistant U.S. Attorneys Garrett S. Fields and David M. Classen for the District of Minnesota are prosecuting the case.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI –

    January 25, 2025
  • MIL-OSI: Silicon Motion Announces Results for the Period Ended September 30, 2024

    Source: GlobeNewswire (MIL-OSI)

    Business Highlights

    • Third quarter of 2024 sales increased 1% Q/Q and increased 23% Y/Y
      • SSD controller sales: 3Q of 2024 were flat Q/Q and increased 20% to 25% Y/Y
      • eMMC+UFS controller sales: 3Q of 2024 increased 0% to 5% Q/Q and increased 40% to 45% Y/Y
      • SSD solutions sales: 3Q of 2024 increased 5% to 10% Q/Q and increased 5% to 10% Y/Y

    Financial Highlights

      3Q 2024 GAAP 3Q 2024 Non-GAAP
    • Net sales $212.4 million (+1% Q/Q, +23% Y/Y) $212.4 million (+1% Q/Q, +23% Y/Y)
    • Gross margin 46.7% 46.8%
    • Operating margin 11.5% 16.1%
    • Earnings per diluted ADS $0.62 $0.92

    TAIPEI, Taiwan and MILPITAS, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) — Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion,” the “Company” or “we”) today announced its financial results for the quarter ended September 30, 2024. For the third quarter of 2024, net sales (GAAP) increased sequentially to $212.4 million from $210.7 million in the second quarter of 2024. Net income (GAAP) decreased to $20.8 million, or $0.62 per diluted American Depositary Share of the Company (“ADS”) (GAAP), from net income (GAAP) of $30.8 million, or $0.91 per diluted ADS (GAAP), in the second quarter of 2024.

    For the third quarter of 2024, net income (non-GAAP) decreased to $31.0 million, or $0.92 per diluted ADS (non-GAAP), from net income (non-GAAP) of $32.5 million, or $0.96 per diluted ADS (non-GAAP), in the second quarter of 2024.

    All financial numbers are in U.S. dollars unless otherwise noted.

    Third Quarter of 2024 Review
    “We continued to execute well in the third quarter of 2024, delivering revenue above the mid-point of our guided range and further expanding our gross margins,” said Wallace Kou, President and CEO of Silicon Motion. “Our eMMC and UFS controller revenue grew modestly, and our SSD controller revenue remained strong given continued growth in the OEM channel. We continue to outperform the market through new wins we secured this quarter with both NAND makers and module makers that we expect will ramp-up in 2025. We expect this trend to continue as we expand our product portfolio and deliver world-class controllers to the market.”

    Key Financial Results

    (in millions, except percentages and per ADS amounts) GAAP Non-GAAP
    3Q 2024
      2Q 2024
      3Q 2023
      3Q 2024
      2Q 2024
      3Q 2023
     
    Revenue $212.4   $210.7   $172.3   $212.4   $210.7   $172.3  
    Gross profit   $99.3     $96.8     $73.1     $99.3     $96.8     $73.3  
    Percent of revenue   46.7%     45.9%     42.4%     46.8%     46.0%     42.5%  
    Operating expenses $74.8   $66.0   $58.1   $65.1   $62.1   $49.5  
    Operating income   $24.5     $30.7     $15.0     $34.2     $34.7     $23.8  
    Percent of revenue   11.5%     14.6%     8.7%     16.1%     16.5%     13.8%  
    Earnings per diluted ADS $0.62   $0.91   $0.32   $0.92   $0.96   $0.63  


    Other Financial Information

    (in millions) 3Q 2024
      2Q 2024
      3Q 2023
     
    Cash, cash equivalents, restricted cash and short-term investments—end of period $368.6   $343.6   $350.3  
    Routine capital expenditures $7.4   $6.3   $6.3  
    Dividend payments $16.8   $16.8     —  

    During the third quarter of 2024, we had $12.4 million of capital expenditures, including $7.4 million for the routine purchase of testing equipment, software, design tools and other items, and $5.0 million for building construction in Hsinchu.

    Business Outlook
    “Looking ahead, we expect to experience gains from greater outsourcing by our NAND flash maker partners, which should continue to deliver revenue and profitability growth for the company,” said Wallace Kou, President and CEO of Silicon Motion. “In the current quarter, we are introducing two key new controllers, including our first AI/enterprise server MonTitan controller and our first PCIe Gen 5.0 client SSD controller, placing Silicon Motion in an exceptionally strong position entering calendar 2025. While the seasonal holiday demand is expected to be more muted than in past years, we are confident that our highly differentiated controller solutions for PCs, smartphones and now enterprise-class storage controllers will further strengthen our market leadership position and will build on our foundation for strong, sustainable long-term growth.” 

    For the fourth quarter of 2024, management expects:

    ($ in millions) GAAP Non-GAAP Adjustment Non-GAAP
    Revenue $191 to $202
    -10% to -5% Q/Q
    -6% to 0% Y/Y
    — $191 to $202
    -10% to -5% Q/Q
    -6% to 0% Y/Y
    Gross margin 46.3% to 47.4% Approximately $0.3* 46.5 % to 47.5%
    Operating margin 8.0% to 9.9% Approximately $13.4 to $14.4** 15.6% to 16.6%

    * Projected gross margin (non-GAAP) excludes $0.3 million of stock-based compensation.
    ** Projected operating margin (non-GAAP) excludes $13.4 million to $14.4 million of stock-based compensation and dispute related expenses.

    Conference Call & Webcast:
    The Company’s management team will conduct a conference call at 8:00 am Eastern Time on October 31, 2024.

    Conference Call Details
    Participants must register in advance to join the conference call using the link provided below. Conference access information (including dial-in information and a unique access PIN) will be provided in the email received upon registration.

    Participant Online Registration:
    https://register.vevent.com/register/BI3e5d77077ee94ca9b9fd61325f52a0e9

    A webcast of the call will be available on the Company’s website at www.siliconmotion.com.

    Discussion of Non-GAAP Financial Measures

    To supplement the Company’s unaudited selected financial results calculated in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”), the Company discloses certain non-GAAP financial measures that exclude stock-based compensation and other items, including gross profit (non-GAAP), gross margin (non-GAAP), operating expenses (non-GAAP), operating profit (non-GAAP), operating margin (non-GAAP), non-operating income (expense) (non-GAAP), net income (non-GAAP), and earnings per diluted ADS (non-GAAP). These non-GAAP measures are not in accordance with or an alternative to GAAP and may be different from similarly-titled non-GAAP measures used by other companies. We believe that these non-GAAP measures have limitations in that they do not reflect all the amounts associated with the Company’s results of operations as determined in accordance with GAAP and that these measures should only be used to evaluate the Company’s results of operations in conjunction with the corresponding GAAP measures. The presentation of this additional information is not meant to be considered in isolation or as a substitute for the most directly comparable GAAP measure. We compensate for the limitations of our non-GAAP financial measures by relying upon GAAP results to gain a complete picture of our performance.

    Our non-GAAP financial measures are provided to enhance the user’s overall understanding of our current financial performance and our prospects for the future. Specifically, we believe the non-GAAP results provide useful information to both management and investors as these non-GAAP results exclude certain expenses, gains and losses that we believe are not indicative of our core operating results and because they are consistent with the financial models and estimates published by many analysts who follow the Company. We use non-GAAP measures to evaluate the operating performance of our business, for comparison with our forecasts, and for benchmarking our performance externally against our competitors. Also, when evaluating potential acquisitions, we exclude the items described below from our consideration of the target’s performance and valuation. Since we find these measures to be useful, we believe that our investors benefit from seeing the results from management’s perspective in addition to seeing our GAAP results. We believe that these non-GAAP measures, when read in conjunction with the Company’s GAAP financials, provide useful information to investors by offering:

    • the ability to make more meaningful period-to-period comparisons of the Company’s on-going operating results;
    • the ability to better identify trends in the Company’s underlying business and perform related trend analysis;
    • a better understanding of how management plans and measures the Company’s underlying business; and
    • an easier way to compare the Company’s operating results against analyst financial models and operating results of our competitors that supplement their GAAP results with non-GAAP financial measures.

    The following are explanations of each of the adjustments that we incorporate into our non-GAAP measures, as well as the reasons for excluding each of these individual items in our reconciliation of these non-GAAP financial measures:

    Stock-based compensation expense consists of non-cash charges related to the fair value of restricted stock units awarded to employees. The Company believes that the exclusion of these non-cash charges provides for more accurate comparisons of our operating results to our peer companies due to the varying available valuation methodologies, subjective assumptions and the variety of award types. In addition, the Company believes it is useful to investors to understand the specific impact of share-based compensation on its operating results.

    Restructuring charges relate to the restructuring of our underperforming product lines, principally the write-down of NAND flash, embedded DRAM and SSD inventory valuation and severance payments. 

    M&A transaction expenses consist of legal, financial advisory and other fees related to the transaction.

    Dispute related expenses consist of legal, consultant, other fees and resolution related to the dispute.

    Foreign exchange loss (gain) consists of translation gains and/or losses of non-US$ denominated current assets and current liabilities, as well as certain other balance sheet items which result from the appreciation or depreciation of non-US$ currencies against the US$. We do not use financial instruments to manage the impact on our operations from changes in foreign exchange rates, and because our operations are subject to fluctuations in foreign exchange rates, we therefore exclude foreign exchange gains and losses when presenting non-GAAP financial measures.

    Unrealized holding loss (gain) on investments relates to the net change in fair value of long-term investments.

     
    Silicon Motion Technology Corporation
    Consolidated Statements of Income
    (in thousands, except percentages and per ADS data, unaudited)
             
        For Three Months Ended   For the Nine Months Ended
        Sep. 30,   Jun. 30,   Sep. 30,   Sep. 30,   Sep. 30,
        2023   2024   2024   2023   2024
        ($)   ($)   ($)   ($)   ($)
    Net Sales   172,333     210,670     212,412     436,763     612,392  
    Cost of sales   99,193     113,893     113,142     254,897     331,227  
    Gross profit   73,140     96,777     99,270     181,866     281,165  
    Operating expenses                    
    Research & development   41,740     50,788     58,486     117,926     163,666  
    Sales & marketing   6,862     6,777     7,009     20,715     20,090  
    General & administrative   8,939     7,215     9,315     20,323     23,003  
    Loss from settlement of litigation   591     1,250     –     591     1,250  
    Operating income   15,008     30,747     24,460     22,311     73,156  
    Non-operating income (expense)                    
    Interest income, net   3,480     4,175     3,518     8,026     10,760  
    Foreign exchange gain (loss), net   569     245     (488 )   2,030     345  
    Unrealized holding gain(loss) on investments   (2,828 )   1,855     (602 )   8,053     (355 )
    Subtotal   1,221     6,275     2,428     18,109     10,750  
    Income before income tax   16,229     37,022     26,888     40,420     83,906  
    Income tax expense   5,642     6,201     6,045     8,639     16,226  
    Net income   10,587     30,821     20,843     31,781     67,680  
                         
    Earnings per basic ADS   0.32     0.92     0.62     0.95     2.01  
    Earnings per diluted ADS   0.32     0.91     0.62     0.95     2.01  
                         
    Margin Analysis:                    
    Gross margin   42.4 %   45.9 %   46.7 %   41.6 %   45.9 %
    Operating margin   8.7 %   14.6 %   11.5 %   5.1 %   11.9 %
    Net margin   6.1 %   14.6 %   9.8 %   7.3 %   11.1 %
                         
    Additional Data:                    
    Weighted avg. ADS equivalents   33,413     33,684     33,687     33,332     33,627  
    Diluted ADS equivalents   33,471     33,697     33,700     33,431     33,691  
                                   
     
    Silicon Motion Technology Corporation
    Reconciliation of GAAP to Non-GAAP Operating Results
    (in thousands, except percentages and per ADS data, unaudited)
             
        For Three Months Ended   For the Nine Months Ended
        Sep. 30,   Jun. 30,   Sep. 30,   Sep. 30,   Sep. 30,
        2023   2024   2024   2023   2024
        ($)   ($)   ($)   ($)   ($)
    Gross profit (GAAP)   73,140     96,777     99,270     181,866     281,165  
    Gross margin (GAAP)   42.4 %   45.9 %   46.7 %   41.6 %   45.9 %
    Stock-based compensation (A)   94     14     63     300     149  
    Restructuring charges   88     46     –     3,347     46  
    Gross profit (non-GAAP)   73,322     96,837     99,333     185,513     281,360  
    Gross margin (non-GAAP)   42.5 %   46.0 %   46.8 %   42.5 %   45.9 %
                         
    Operating expenses (GAAP)   58,132     66,030     74,810     159,555     208,009  
    Stock-based compensation (A)   (3,751 )   (371 )   (3,595 )   (11,460 )   (7,059 )
    M&A transaction expenses   (708 )   –     –     (2,893 )   –  
    Dispute related expenses   (3,495 )   (3,527 )   (6,076 )   (3,495 )   (11,135 )
    Restructuring charges   (661 )   –     –     (4,581 )   –  
    Operating expenses (non-GAAP)   49,517     62,132     65,139     137,126     189,815  
                         
    Operating profit (GAAP)   15,008     30,747     24,460     22,311     73,156  
    Operating margin (GAAP)   8.7 %   14.6 %   11.5 %   5.1 %   11.9 %
    Total adjustments to operating profit   8,797     3,958     9,734     26,076     18,389  
    Operating profit (non-GAAP)   23,805     34,705     34,194     48,387     91,545  
    Operating margin (non-GAAP)   13.8 %   16.5 %   16.1 %   11.1 %   14.9 %
                         
    Non-operating income (expense) (GAAP)   1,221     6,275     2,428     18,109     10,750  
    Foreign exchange loss (gain), net   (569 )   (245 )   488     (2,030 )   (345 )
    Unrealized holding loss (gain) on investments   2,828     (1,855 )   602     (8,053 )   355  
                         
    Non-operating income (expense) (non-GAAP)   3,480     4,175     3,518     8,026     10,760  
                         
    Net income (GAAP)   10,587     30,821     20,843     31,781     67,680  
    Total pre-tax impact of non-GAAP adjustments   11,056     1,858     10,824     15,993     18,399  
    Income tax impact of non-GAAP adjustments   (584 )   (218 )   (649 )   (2,968 )   (1,014 )
    Net income (non-GAAP)   21,059     32,461     31,018     44,806     85,065  
                         
    Earnings per diluted ADS (GAAP)   $0.32     $0.91     $0.62     $0.95     $2.01  
    Earnings per diluted ADS (non-GAAP)   $0.63     $0.96     $0.92     $1.33     $2.52  
                         
    Shares used in computing earnings per diluted ADS (GAAP)   33,471     33,697     33,700     33,431     33,691  
    Non-GAAP adjustments   128     18     109     136     52  
    Shares used in computing earnings per diluted ADS (non-GAAP)   33,599     33,715     33,809     33,567     33,743  
                         
    (A) Excludes stock-based compensation as follows:                    
    Cost of sales   94     14     63     300     149  
    Research & development   2,422     94     2,377     7,605     4,614  
    Sales & marketing   521     173     455     1,496     975  
    General & administrative   808     104     763     2,359     1,470  
                                   
     
    Silicon Motion Technology Corporation
    Consolidated Balance Sheet
    (In thousands, unaudited)
                       
        Sep. 30,
      Jun. 30,
      Sep. 30,
        2023
      2024
      2024
        ($)
      ($)
      ($)
    Cash and cash equivalents   295,385     289,175     313,924  
    Accounts receivable (net)   193,389     191,692     202,726  
    Inventories   199,003     240,811     214,574  
    Refundable deposits – current   49,445     51,036     51,102  
    Prepaid expenses and other current assets   16,896     31,460     38,246  
    Total current assets   754,118     804,174     820,572  
    Long-term investments   17,023     17,301     16,878  
    Property and equipment (net)   162,107     179,550     181,983  
    Other assets   33,672     29,121     29,304  
    Total assets   966,920     1,030,146     1,048,737  
                       
    Accounts payable   26,975     36,411     30,888  
    Income tax payable   26,279     14,103     14,444  
    Accrued expenses and other current liabilities   77,502     134,947     131,143  
    Total current liabilities   130,756     185,461     176,475  
    Other liabilities   62,112     60,182     62,673  
    Total liabilities   192,868     245,643     239,148  
    Shareholders’ equity   774,052     784,503     809,589  
    Total liabilities & shareholders’ equity   966,920     1,030,146     1,048,737  
                       
     
    Silicon Motion Technology Corporation
    Condensed Consolidated Statements of Cash Flows
    (in thousands, unaudited)
             
        For Three Months Ended   For the Nine Months Ended
        Sep. 30,   Jun. 30,   Sep. 30,   Sep. 30,   Sep. 30,
        2023   2024   2024   2023   2024
        ($)   ($)   ($)   ($)   ($)
    Net income   10,587     30,821     20,843     31,781     67,680  
    Depreciation & amortization   8,043     5,802     6,664     19,032     18,075  
    Stock-based compensation   3,845     385     3,658     11,760     7,208  
    Investment losses (gain) & disposals   3,135     (1,855 )   602     (7,556 )   355  
    Changes in operating assets and liabilities   39,302     (13,660 )   22,280     52,910     (9,967 )
    Net cash provided by (used in) operating activities   64,912     21,493     54,047     107,927     83,351  
                         
    Purchase of property & equipment   (17,052 )   (10,427 )   (12,436 )   (40,687 )   (33,612 )
    Net cash provided by (used in) investing activities   (17,052 )   (10,427 )   (12,436 )   (40,687 )   (33,612 )
                         
    Dividend payments   –     (16,820 )   (16,812 )   (15 )   (50,441 )
    Net cash used in financing activities   –     (16,820 )   (16,812 )   (15 )   (50,441 )
                         
    Net increase (decrease) in cash, cash equivalents & restricted cash   47,860     (5,754 )   24,799     67,225     (702 )
    Effect of foreign exchange changes   (2,528 )   86     186     (3,977 )   308  
    Cash, cash equivalents & restricted cash—beginning of period   304,971     349,279     343,611     287,055     368,990  
    Cash, cash equivalents & restricted cash—end of period   350,303     343,611     368,596     350,303     368,596  
                                   

    Shareholder Litigation
    On August 31, 2023, a Silicon Motion ADS holder (the “Plaintiff”) filed a putative class action complaint in the United States District Court for the Southern District of California, captioned Water Island Event-Driven Fund v. MaxLinear, Inc., No. 23-cv-01607 (S.D. Cal.), asserting claims against MaxLinear and two of its officers (the “MaxLinear Defendants”) for alleged violations of (i) Section 10(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 10b-5 promulgated thereunder and (ii) Section 20(a) of the Exchange Act, in connection with alleged false and misleading statements made by the MaxLinear Defendants between June 6, 2023 and July 26, 2023 concerning MaxLinear’s intent to consummate the merger agreement it had entered into with Silicon Motion. On August 28, 2024, the Court dismissed the complaint against the MaxLinear Defendants without prejudice for lack of standing.  On September 18, 2024, the Plaintiff filed an amended complaint against the MaxLinear Defendants, and also added Silicon Motion and two of its officers (the “Silicon Motion Defendants”), asserting substantially similar claims under the Exchange Act. The complaint seeks compensatory damages, including interest, costs and expenses, and such other equitable or injunctive relief that the court deems appropriate. Motions to dismiss the amended complaint are expected to be fully briefed by February 2025.  The Silicon Motion Defendants believe that the claims asserted against them are without merit and intend to defend themselves vigorously.

    About Silicon Motion:
    We are the global leader in supplying NAND flash controllers for solid state storage devices.  We supply more SSD controllers than any other company in the world for servers, PCs and other client devices and are the leading merchant supplier of eMMC and UFS embedded storage controllers used in smartphones, IoT devices and other applications.  We also supply customized high-performance hyperscale data center and specialized industrial and automotive SSD solutions.  Our customers include most of the NAND flash vendors, storage device module makers and leading OEMs.  For further information on Silicon Motion, visit us at www.siliconmotion.com.

    Forward-Looking Statements:
    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” or the negative of these terms or other comparable terminology. Although such statements are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on them. These statements involve risks and uncertainties, and actual market trends or our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to the unpredictable volume and timing of customer orders, which are not fixed by contract but vary on a purchase order basis; the loss of one or more key customers or the significant reduction, postponement, rescheduling or cancellation of orders from one or more customers; general economic conditions or conditions in the semiconductor or consumer electronics markets; the impact of inflation on our business and customer’s businesses and any effect this has on economic activity in the markets in which we operate; the functionalities and performance of our information technology (“IT”) systems, which are subject to cybersecurity threats and which support our critical operational activities, and any breaches of our IT systems or those of our customers, suppliers, partners and providers of third-party licensed technology; the effects on our business and our customer’s business taking into account the ongoing U.S.-China tariffs and trade disputes; the uncertainties associated with any future global or regional pandemic; the continuing tensions between Taiwan and China including enhanced military activities; decreases in the overall average selling prices of our products; changes in the relative sales mix of our products; changes in our cost of finished goods; supply chain disruptions that have affected us and our industry as well as other industries on a global basis; the payment, or non-payment, of cash dividends in the future at the discretion of our board of directors and any announced planned increases in such dividends; changes in our cost of finished goods; the availability, pricing, and timeliness of delivery of other components and raw materials used in the products we sell given the current raw material supply shortages being experienced in our industry; our customers’ sales outlook, purchasing patterns, and inventory adjustments based on consumer demands and general economic conditions; any potential impairment charges that may be incurred related to businesses previously acquired or divested in the future; our ability to successfully develop, introduce, and sell new or enhanced products in a timely manner; and the timing of new product announcements or introductions by us or by our competitors. For additional discussion of these risks and uncertainties and other factors, please see the documents we file from time to time with the U.S. Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission on April 30, 2024. Other than as required under the securities laws, we do not intend, and do not undertake any obligation to, update or revise any forward-looking statements, which apply only as of the date of this press release.

    The MIL Network –

    January 25, 2025
  • MIL-OSI: Silicon Motion Appoints Jason Tsai as Chief Financial Officer

    Source: GlobeNewswire (MIL-OSI)

    TAIPEI, Taiwan and MILPITAS, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) — Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in designing and marketing NAND flash controllers for solid state storage devices, today announced, following a search process, that Jason Tsai, currently the Interim Chief Financial Officer and VP of Investor Relations and Finance of the Company, has been appointed the Chief Financial Officer, effective October 28, 2024. Mr. Tsai has served as our Interim CFO since April 25, 2024.

    Wallace Kou, Chief Executive Officer of Silicon Motion, said, “Jason has made innumerable contributions to the strong performance of our finance team and the financial results of the Company in his previous roles as Interim CFO and VP of Investor Relations and Finance. After a six-month search, our Board unanimously resolved that with his long history with the Company and his in-depth knowledge of our business, our customers and our industry, Jason is the ideal choice to help align our long-term strategy with our strong financial performance and operational excellence in the years ahead.”

    “I am excited for this opportunity to help Silicon Motion through its next chapter,” said Jason Tsai. “I believe that the Company is poised for significant growth as it extends its market leading position in its current markets and capitalize on its new and growing opportunities in the enterprise storage market.”

    Jason has over 25 years of finance leadership experience in the semiconductor, hardware and software (SaaS) sectors. Prior to rejoining Silicon Motion last year, he held finance leadership positions at Zendesk and Synaptics and brings an extensive background in financial planning, treasury, capital markets, investor relations and strategic planning.

    ABOUT SILICON MOTION:

    We are the global leader in supplying NAND flash controllers for solid state storage devices.  We supply more SSD controllers than any other company in the world for servers, PCs and other client devices and are the leading merchant supplier of eMMC and UFS embedded storage controllers used in smartphones, IoT devices and other applications.  We also supply customized high-performance hyperscale data center and specialized industrial and automotive SSD solutions.  Our customers include most of the NAND flash vendors, storage device module makers and leading OEMs.  For further information on Silicon Motion, visit us at www.siliconmotion.com.

    FORWARD-LOOKING STATEMENTS:

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” or the negative of these terms or other comparable terminology. Although such statements are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on them. These statements involve risks and uncertainties, and actual market trends or our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to the unpredictable volume and timing of customer orders, which are not fixed by contract but vary on a purchase order basis; the loss of one or more key customers or the significant reduction, postponement, rescheduling or cancellation of orders from one or more customers; general economic conditions or conditions in the semiconductor or consumer electronics markets; the impact of inflation on our business and customer’s businesses and any effect this has on economic activity in the markets in which we operate; the functionalities and performance of our information technology (“IT”) systems, which are subject to cybersecurity threats and which support our critical operational activities, and any breaches of our IT systems or those of our customers, suppliers, partners and providers of third-party licensed technology; the effects on our business and our customer’s business taking into account the ongoing U.S.-China tariffs and trade disputes; the uncertainties associated with any future global or regional pandemic; the continuing tensions between Taiwan and China including enhanced military activities; decreases in the overall average selling prices of our products; changes in the relative sales mix of our products; changes in our cost of finished goods; supply chain disruptions that have affected us and our industry as well as other industries on a global basis; the payment, or non-payment, of cash dividends in the future at the discretion of our board of directors and any announced planned increases in such dividends; changes in our cost of finished goods; the availability, pricing, and timeliness of delivery of other components and raw materials used in the products we sell given the current raw material supply shortages being experienced in our industry; our customers’ sales outlook, purchasing patterns, and inventory adjustments based on consumer demands and general economic conditions; any potential impairment charges that may be incurred related to businesses previously acquired or divested in the future; our ability to successfully develop, introduce, and sell new or enhanced products in a timely manner; and the timing of new product announcements or introductions by us or by our competitors. For additional discussion of these risks and uncertainties and other factors, please see the documents we file from time to time with the U.S. Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission on April 30, 2024. Other than as required under the securities laws, we do not intend, and do not undertake any obligation to, update or revise any forward-looking statements, which apply only as of the date of this press release.

    Investor Contact:

    Tom Sepenzis
    Senior Director of IR & Strategy
    E-mail: tsepenzis@siliconmotion.com

    Selina Hsieh
    Investor Relations
    ir@siliconmotion.com

    The MIL Network –

    January 25, 2025
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