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Category: Finance

  • MIL-OSI Canada: Public awareness campaign targets extortion threats

    Source: Government of Canada regional news

    In response to a rise in extortion threats against members of the South Asian community, BC Crime Stoppers is launching a digital media campaign to raise awareness and encourage reporting of extortion activity.

    “The recent surge in extortion threats targeting members of the South Asian community is very concerning, and we are doing everything we can to support police efforts in investigating these crimes,” said Garry Begg, Minister of Public Safety and Solicitor General. “Reporting is the most important step in stopping extortion and keeping people safe, so if you are a victim of extortion, or have any information that could help solve a crime, I urge you to contact Crime Stoppers.”

    With support from the federal government’s Gun and Gang Violence Action Fund, the B.C. government has provided $100,000 to help BC Crime Stoppers run a 60-day extortion awareness campaign. The campaign is launching Thursday, June 26, 2025, and shares important information about recognizing and reporting extortion threats, helping individuals, business owners and families stay safe and informed.

    The campaign was developed in consultation with individuals with deep knowledge of extortion, experience in policing and lived experience within the South Asian community. The goal is encouraging people to report extortion threats to help police stop those responsible. The campaign will be available in English and Punjabi, and will include advertisements on radio, podcasts, Spotify, social media and television.

    “Since 1982, BC Crime Stoppers and its local programs have offered the community an anonymous way to report criminal activity,” said Gillian Millam, executive director, BC Crime Stoppers. “In partnership with the provincial government, BC Crime Stoppers aims to educate the community on how to recognize and report cases of extortion. The primary goal of this campaign is to inform the public and help solve crime.”

    The Province continues to take action to combat serious and organized crime with more than $100 million invested annually to bolster provincial firearm forensic capabilities, strengthen gang enforcement and suppression initiatives, and support community-based prevention and intervention programs.

    Provincial efforts are supported by the federal government’s Gun and Gang Violence Action Fund, with the B.C. government receiving nearly $11 million from Public Safety Canada for the 2025-26 fiscal year. The funding will go toward anti-gang and crime initiatives throughout the province, including the Organized Crime Agency of BC, and police departments to support operations in dismantling serious and organized crime.

    Quotes:

    Chief Const. Colin Watson, Abbotsford Police Department –

    “The Abbotsford Police Department remains dedicated to safeguarding our community and local businesses from the threat of extortion. Through focused investigations, strong partnerships with other agencies, and proactive community engagement, we strive to prevent further harm and ensure those responsible are held accountable. We continue to support affected individuals and urge anyone with information related to extortion to contact their local police department.” 

    Chief Const. Harj Sidhu, Delta Police Department –

    “I want to thank the Province and BC Crime Stoppers for raising awareness about the growing issue of extortion, which has impacted the South Asian community and others. These cases are often linked to organized crime and have created real fear. Early reporting is critical. Delta Police are committed to supporting victims, working with partners, and keeping our community safe. If you receive a threat or have information, please report it. We are here to help.”

    Chief Const. Norm Lipinski, Surrey Police Service –

    “Surrey Police Service’s dedicated Extortion Investigations Team is actively working with our policing partners to identify and arrest those engaged in extortion so we can relieve victims and residents of the understandable fear that these crimes create. We remind individuals who are victims of an extortion attempt to report it to your local police as soon as possible. Every detail can help police unravel these highly complex and sophisticated investigations.”

    Chief Supt. Duncan Pound, BC RCMP Lower Mainland District –

    “The RCMP Lower Mainland District is working with municipal, provincial and federal partners to investigate and disrupt organized crime groups engaged in extortion across the region. The number of victims or complaints have spanned multiple jurisdictions and communities and therefore our investigative approach has been cross jurisdictional and collaborative, to determine any connections or similarities. While progress is being made, police continue to stress the importance of anyone impacted to come forward. The public is urged to report any instances of extortion or suspicious activity to the police, as unreported incidents can enable organized crime to continue operating.”

    Quick Facts:

    • BC Crime Stoppers is a non-profit society and registered charity that receives anonymous tip information about criminal activity and provides it to investigators.
    • Anonymous tips may be provided by contacting Crime Stoppers at 1 800 222-8477 or online at bccrimestoppers.com or https://solvecrime.ca/index.php/en/
    • BC Crime Stoppers accepts tips in a variety of languages and will pay a reward of up to $2,000 for information leading to an arrest, a charge, recovery of stolen property, seizure of illegal drugs or guns or denial of a fraudulent insurance claim.

    Learn More:

    To view the campaign webpage, visit: https://bccrimestoppers.com/extortion/

    Watch the 30-second campaign in English here: https://drive.google.com/file/d/1xOhv77PTJqpHJBu1C8xbV9K0t4oQY5BG/view

    Watch the 30-second campaign in Punjabi here: https://drive.google.com/file/d/1PCzPvE801NE1utwarto7y2etxtojVAdG/view

    To learn more about government’s action to combat serious and organized crime, visit: https://news.gov.bc.ca/releases/2024PSSG0040-000714

    Victims and their immediate family members may be eligible for benefits to support in their recovery through the Ministry’s Crime Victim Assistance Program: https://www2.gov.bc.ca/gov/content/justice/criminal-justice/bcs-criminal-justice-system/if-you-are-a-victim-of-a-crime/victim-of-crime/financial-assistance-benefits

    To locate a victim service program in your community, contact VictimLinkBC: https://www2.gov.bc.ca/gov/content/justice/criminal-justice/victims-of-crime/victimlinkbc

    MIL OSI Canada News –

  • MIL-OSI USA: ICE executes federal search warrant at Buckeye Fire Equipment Company

    Source: US Immigration and Customs Enforcement

    KINGS MOUNTAIN, N.C. — U.S. Immigration and Customs Enforcement’s Homeland Security Investigations special agents, in collaboration with federal, state and local law enforcement partners, executed a federal search warrant at Buckeye Fire Equipment Company June 25 as part of an active, ongoing criminal investigation. This operation specifically focused on serious allegations of aggravated identity theft and potential federal crimes.

    As a result of the initial investigation, 30 people were arrested onsite.

    “This operation underscores HSI’s unwavering commitment to protecting the integrity of our nation’s financial and identification systems. Identity fraud is not a victimless crime — it fuels a range of criminal activity and puts innocent people at risk,” said HSI Charlotte Special Agent in Charge Cardell T. Morant, who also oversees North and South Carolina. “Working alongside our law enforcement partners, HSI will continue to pursue those who exploit these systems for personal gain and hold them accountable under federal law.”

    The following agencies participated in the operation: ICE Enforcement and Removal Operations, the FBI, the U.S. Marshals Service, U.S. Customs and Border Protection, CBP’s Air and Marine Operations, IRS Criminal Investigations, the Social Security Administration’s Office of Inspector General, the North Carolina National Guard, the DEA, the ATF, King’s Mountain Police, the Gaston County Sheriff’s Department and the Gaston County Police Department.

    If you or someone you know has information related to financial crimes, contact law enforcement using the online tip form. Your cooperation is vital in helping protect vulnerable individuals and ensuring accountability.

    For more information about HSI’s work, follow us on X at @HSI_Charlotte.

    MIL OSI USA News –

  • MIL-OSI USA: Cantwell Announces Plan to Introduce Bill Authorizing Trade Agreement Negotiations With the Middle East

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell

    06.26.25

    Cantwell Announces Plan to Introduce Bill Authorizing Trade Agreement Negotiations With the Middle East

    ‘I believe we need more diplomatic solutions for the region, and I think trade could be a part of that,’ says Cantwell during Washington (DC) International Trade Association roundtable; Under bill from top Dem on the Commerce Committee, partner countries would need to join the Abraham Accords, support nuclear nonproliferation, and coordinate export controls

    WASHINGTON, D.C. – Today, U.S. Senator Maria Cantwell (D-WA), ranking member of the Senate Committee on Commerce, Science, and Transportation and senior member of the Senate Finance Committee, announced a plan to introduce legislation to authorize the administration to pursue negotiations of a trade agreement with the Middle East during a roundtable forum hosted by the Washington International Trade Association (WITA). The agreement would be focused on the information communications technology supply chain.

    “This week, obviously, the U.S. engaged in strikes on Iran to prevent it from developing a nuclear weapon, and the ceasefire agreement between Israel and Hamas remains tenuous.

    “I believe we need more diplomatic solutions for the region, and I think trade could be a part of that,” Sen. Cantwell said.

    “Many countries in the Middle East want to diversify their economies and are interested in developing artificial intelligence. I will be introducing legislation to authorize the negotiations of a Middle East trade agreement, an agreement focused on information communication technology. It was built upon what Senators McCain and Baucus introduced 22 years ago to create a Middle East trade preference program in support of the U.S.-Middle East free trade area. I happened to travel to that area with them to talk about this.

    “The legislation that I’m considering would have requirements that partner countries join the Abraham Accords, normalize diplomatic relations with Israel, support reconstruction of Gaza, join in the efforts to support nuclear nonproliferation, and coordinate strong export controls.

    “I think these are the approaches that we should be taking in alliance-building.”

    Sen. Cantwell announced the details of her proposed legislation during a WITA-hosted forum at the Ronald Reagan Building and International Trade Center in Washington, D.C., alongside former U.S. Trade Representatives Carla Hills (served under President George H.W. Bush) and Susan Schwab (served under President George W. Bush). Nasim Fussell, VP of Trade and International Policy at Business Roundtable, served as moderator.

    Video of the hourlong roundtable is HERE; a transcript of Sen. Cantwell’s opening remarks is HERE.

    Sen. Cantwell is a longtime champion of free trade and opening up new global markets. In April, she introduced the bipartisan Trade Review Act of 2025 to reaffirm Congress’ key role in setting and approving U.S. trade policy, and reestablish limits on the president’s ability to impose unilateral tariffs. Her bill has since picked up 12 additional cosponsors – an equal mix of Republicans and Democrats – and been endorsed by multiple major U.S. business organizations, including the National Retail Federation, which is the largest retail trade association in the world. House members also introduced a bipartisan companion bill, which is also cosponsored by an equal number of Republicans and Democrats.

    MIL OSI USA News –

  • MIL-OSI Security: Essex County Man Charged in Bank Fraud Conspiracy

    Source: US FBI

    NEWARK, N.J. – An Essex County resident was charged for his role in a bank fraud conspiracy, United States Attorney Alina Habba announced.

    Isiah J. Jordan, 27, is charged by criminal complaint with one count of conspiracy to commit bank fraud and one count of bank fraud. He made his initial appearance before U.S. Magistrate Judge Leda Dunn Wettre and was released on $100,000 bond.     

    According to documents filed in this case and statements made in court:          

    Jordan was part of a multi-person scheme to steal checks from the mail and deposit those checks into bank accounts controlled by his co-conspirators. For example, in June 2023, Company-1 mailed out a business check for over $50,000. That check was stolen and altered by Jordan and his co-conspirators such that the payee information on the original check was changed so that the check could be deposited into an account controlled by the conspirators. Then in July 2023, after the stolen check cleared, Jordan and his co-conspirators withdrew the money from the account and split the proceeds.   

    Jordan and his coconspirators then continued to actively recruit other members to participate in and join the conspiracy. Specifically, they recruited individuals who had long-standing bank accounts to continue the scheme of depositing stolen checks and withdrawing the funds before the bank or the victims whose checks were stolen were aware of the illegal activity. 

    The bank fraud conspiracy and the bank fraud charges both carry a maximum penalty of 30 years in prison and a maximum fine of $1,000,000.      

    U.S. Attorney Habba credited special agents of the Federal Bureau of Investigation, under the direction of Special Agent in Charge Stefanie Roddy in Newark, and the New Jersey State Police, under the direction of Colonel Patrick J. Callahan, with the investigation. 

    The government is represented by Assistant U.S. Attorneys Casey S. Smith of the U.S. Attorney’s Office Criminal Division and Thomas S. Kearney of the U.S. Attorney’s Office Special Prosecutions Division in Newark.

    The charges and allegations contained in the complaint are merely accusations, and the defendant is presumed innocent unless and until proven guilty.

                                                               ###     

    Defense counsel: John Yauch, New Jersey    

    MIL Security OSI –

  • MIL-OSI: Oxley Bridge Acquisition Limited Completes $253 Million Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Vancouver, BC, June 26, 2025 (GLOBE NEWSWIRE) — Oxley Bridge Acquisition Limited (the “Company”) announced today the closing of its initial public offering of 25,300,000 units, which includes 3,300,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $253,000,000.

    The Company’s units began trading on June 25, 2025 on The Nasdaq Global Stock Market LLC (“Nasdaq”) under the ticker symbol “OBAWU.” Each unit consists of one Class A ordinary share of the Company and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share of the Company at an exercise price of $11.50 per share, subject to certain adjustment. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “OBA” and “OBAWW,” respectively.

    Of the proceeds received from the consummation of the initial public offering (including the exercise of the over-allotment option) and a simultaneous private placement of warrants, $253,000,000 (or $10.00 per unit sold in the offering) was placed in trust.

    The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any business or industry or at any stage of its corporate evolution. The Company’s primary focus, however, will be to search globally for a target with operations or prospects focusing on global consumer and technology sectors with disruptive growth potential through the use of technology that can benefit from operations in Asia, excluding the People’s Republic of China, Hong Kong and Macau.

    The Company’s management team is led by Jonathan Lin, its Chief Executive Officer and Chairman of the Board of Directors (the “Board”), and Gary Chan, its Chief Financial Officer. The Board also includes Norma Chu, Enrique Gonzalez, Gan Wee Leong, and Jack Cho.

    Cantor Fitzgerald & Co. acted as sole book-running manager for the offering.

    A registration statement relating to the securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on June 24, 2025. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    Forward-Looking Statements

    This press release contains statements that constitute “forward-looking statements.” No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    Investor Contact:

    Oxley Bridge Acquisition Limited
    Jonathan Lin
    ir@oxleybridgeacquisition.com

    The MIL Network –

  • MIL-OSI: Diamondback Energy, Inc. Schedules Second Quarter 2025 Conference Call for August 5, 2025

    Source: GlobeNewswire (MIL-OSI)

    MIDLAND, Texas, June 26, 2025 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release second quarter 2025 financial results on August 4, 2025 after the market closes.

    In connection with the earnings release, Diamondback will host a conference call and webcast for investors and analysts to discuss its results for the second quarter of 2025 on Tuesday, August 5, 2025 at 8:00 a.m. CT. Access to the live webcast, and replay which will be available following the call, may be found here. The live webcast of the earnings conference call will also be available via Diamondback’s website at www.diamondbackenergy.com under the “Investor Relations” section of the site.

    About Diamondback Energy, Inc.

    Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. For more information, please visit www.diamondbackenergy.com.                                                

    Investor Contact:
    Adam Lawlis
    +1 432.221.7467
    alawlis@diamondbackenergy.com

    The MIL Network –

  • MIL-OSI: Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Schedules Second Quarter 2025 Conference Call for August 5, 2025

    Source: GlobeNewswire (MIL-OSI)

    MIDLAND, Texas, June 26, 2025 (GLOBE NEWSWIRE) — Viper Energy, Inc. (NASDAQ: VNOM) (“Viper”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release second quarter 2025 financial results on August 4, 2025 after the market closes.

    In connection with the earnings release, Viper will host a conference call and webcast for investors and analysts to discuss its results for the second quarter of 2025 on Tuesday, August 5, 2025 at 10:00 a.m. CT. Access to the live webcast, and replay which will be available following the call, may be found here. The live webcast of the earnings conference call will also be available via Viper’s website at www.viperenergy.com under the “Investor Relations” section of the site.

    About Viper Energy, Inc.

    Viper is an oil and gas company formed by Diamondback to own, acquire and exploit oil and natural gas properties in North America, with a focus on oil-weighted basins, primarily the Permian Basin in West Texas. For more information, please visit www.viperenergy.com.

    About Diamondback Energy, Inc.

    Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.  For more information, please visit www.diamondbackenergy.com.

    Investor Contact:
    Chip Seale
    +1 432.247.6218
    cseale@viperenergy.com

    The MIL Network –

  • MIL-OSI: Nasdaq to Hold Second Quarter 2025 Investor Conference Call

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 26, 2025 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) has scheduled its second quarter 2025 financial results announcement.

      Who: Nasdaq’s CEO, CFO, and additional members of its senior management team
         
      What: Review Nasdaq’s second quarter 2025 financial results
         
      When: Thursday, July 24, 2025
        Results Call: 8:00 AM Eastern
         

    Senior management will be available for questions from the investment community following prepared remarks.

    All participants can access the conference via webcast through the Nasdaq Investor Relations website at http://ir.nasdaq.com/.

    Note: The press release and results presentation for the second quarter 2025 results will be posted on the Nasdaq Investor Relations website at http://ir.nasdaq.com/ on Thursday, July 24, 2025 at approximately 7:00 AM Eastern.

    About Nasdaq

    Nasdaq (Nasdaq: NDAQ) is a global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

    Media Relations Contact:

    David Lurie
    +1.914.538.0533
    David.Lurie@Nasdaq.com

    Investor Relations Contact:

    Ato Garrett
    +1.212.401.8737
    Ato.Garrett@Nasdaq.com

    -NDAQF-

    The MIL Network –

  • MIL-OSI: Alto Ingredients, Inc. Names Gilbert Nathan Chair, Dianne Nury Vice-Chair and Elects Two New Directors

    Source: GlobeNewswire (MIL-OSI)

    – Jeremy T. Bezdek is a seasoned expert in energy transition –

    – Alan R. Tank has played pivotal roles in advancing renewable energy, including decarbonization –

    PEKIN, Ill., June 26, 2025 (GLOBE NEWSWIRE) — Alto Ingredients, Inc. (NASDAQ: ALTO), leading producer and distributor of specialty alcohols, renewable fuels, and essential ingredients, named Gilbert Nathan Chair and Dianne Nury Vice-Chair of the board of directors and announced that Alan R. Tank and Jeremy T. Bezdek were elected as directors at the Company’s annual meeting on June 25th.

    “I am honored to serve as Chairman and look forward to working with the Board and management as we progress on our strategic initiatives to increase shareholder value,” said Gilbert Nathan, Chair of Alto Ingredients. “We welcome our new board members and are excited to add their wealth of experience and expertise.”

    “We are thrilled to welcome distinguished industry leaders to our board of directors,” said Bryon McGregor, CEO of Alto Ingredients. “As an entrepreneur, investor, and strategic advisor, Alan has played pivotal roles in advancing renewable energy, including decarbonization. Jeremy’s expertise in capital raising, complex transactions, and operational excellence will be invaluable as Alto Ingredients continues to expand our market presence. Together with the board, their vision and experience will be instrumental as we accelerate our growth strategy and advance our commitment to sustainability and innovation.”

    Jeremy T. Bezdek is an accomplished senior executive with three decades of experience in leadership, business development, M&A, strategy execution, project development, investment origination, finance and commercial roles across the energy, renewables, and advanced manufacturing sectors. He has large company and startup experience and served on ten boards of directors, both public and private, since 2010. As president and founder of Ad Astra Advisors, Mr. Bezdek provides strategic advisory services, guiding companies through strategy, complex transactions, growth, fundraising, and organizational priorities. Mr. Bezdek spent 26 years with Koch Industries in a variety of finance and commercial leadership roles, including managing director of Koch Strategic Platforms, an investment arm of Koch Investment Group. In that role, he led investments in the energy transition vertical for Koch Strategic Platforms. He spent most of his career at a Koch subsidiary Flint Hills Resources where he directed multi-billion-dollar investments and transformative growth initiatives. Under his leadership, the team was very active in acquisitions, divestitures, and joint ventures, as well as making multiple investments in early-stage development companies related to refining, biofuels and chemicals industries.

    Mr. Bezdek has a B.S. in Business Administration, concentration in finance, from the University of Kansas.

    Alan R. Tank brings more than three decades of executive leadership and board experience across the agriculture, food, and renewable energy sectors. Since 2024, Mr. Tank has served as an advisor to Mercator Partners, an asset management platform that invests in decarbonization opportunities. Since 2022, he has served as an advisor to Eion Corp, a carbon capture and removal company. Since 2017, he has served as an executive advisor to Blue Sea Capital, a private equity firm focusing on the industrial growth, aerospace and healthcare sectors. Since 2015, he has co-owned and managed Tank Brothers Farm/Tank Customs, his family farm in eastern Iowa, as its managing member. Until 2016, Mr. Tank served as chief executive officer and managing partner of Revolution Energy Solutions, a company he co-founded in 2006 that developed, owned and operated renewable energy/waste-to-energy projects on agricultural platforms in the US. In 2001, Mr. Tank also founded AgCert International, a world leader in the production and sale of agriculturally derived greenhouse gas emission reductions used to satisfy the Kyoto Protocol and European Union Emission Trading Scheme requirements and served as its chief executive officer until 2005. He serves on the board to WestMET Group and Victory Hemp Foods.

    Mr. Tank holds a B.S. in Animal Science, from Iowa State University.

    About Alto Ingredients, Inc.
    Alto Ingredients, Inc. (NASDAQ: ALTO) is a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients. Leveraging the unique qualities of its facilities, the company serves customers in a wide range of consumer and commercial products in the Health, Home & Beauty; Food & Beverage; Industry & Agriculture; Essential Ingredients; and Renewable Fuels markets. For more information, please visit www.altoingredients.com. 

    Media and Company IR Contact:
    Michael Kramer, Alto Ingredients, Inc., 916-403-2755
    Investorrelations@altoingredients.com 

    IR Agency Contact:
    Kirsten Chapman, Alliance Advisors Investor Relations, 415-433-3777
    Investorrelations@altoingredients.com

    The MIL Network –

  • MIL-OSI: Stifel Reports May 2025 Operating Data

    Source: GlobeNewswire (MIL-OSI)

    ST. LOUIS, June 26, 2025 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today reported selected operating results for May 31, 2025, in an effort to provide timely information to investors on certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed.

    Ronald J. Kruszewski, Chairman and Chief Executive Officer, said, “In May, recruiting and market appreciation drove a 3% increase in total client assets and a 4% increase in fee-based assets. Client money market and insured product levels decreased less than 1% during the month primarily due to lower Smart Rate balances as Sweep balances experienced a slight decline. Investment banking activity was negatively impacted by increased market volatility in April, but we have seen momentum increase and our pipelines build throughout the quarter as markets have stabilized. As a result, we anticipate investment banking revenue in the quarter to be down approximately 10% from the second quarter of 2024 but we remain cautiously optimistic for the full year 2025.”

    Selected Operating Data (Unaudited)
      As of   % Change
    (millions) 5/31/2025 5/31/2024 4/30/2025   5/31/2024 4/30/2025
    Total client assets $501,357 $465,959 $485,551   8% 3%
    Fee-based client assets $199,078 $176,461 $190,545   13% 4%
    Private Client Group fee-based client assets $173,557 $154,544 $166,029   12% 5%
    Bank loans, net (includes loans held for sale) $21,204 $19,822 $21,536   7% (2)%
    Client money market and insured product (1) $25,827 $26,230 $26,073   (2)% (1)%

    (1) Includes Sweep deposits, Smart Rate deposits, Third-party Bank Sweep Program, and Other Sweep cash.

    Company Information

    Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners and Miller Buckfire business divisions; Keefe, Bruyette & Woods, Inc.; and Stifel Independent Advisors, LLC; in Canada through Stifel Nicolaus Canada Inc.; and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited. The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities. Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A., and Stifel Trust Company Delaware, N.A., offer trust and related services. To learn more about Stifel, please visit the Company’s website at www.stifel.com. For global disclosures, please visit www.stifel.com/investor-relations/press-releases.

    Media Contact: Neil Shapiro (212) 271-3447 | Investor Contact: Joel Jeffrey (212) 271- 3610 | www.stifel.com/investor-relations

    The MIL Network –

  • MIL-OSI: FlexShopper Granted 180-Day Extension

    Source: GlobeNewswire (MIL-OSI)

    BOCA RATON, Fla., June 26, 2025 (GLOBE NEWSWIRE) — FlexShopper, Inc. (Nasdaq: FPAY) (“FlexShopper”), a leading provider of lease-to-own (LTO) payment solutions, today announced that on June 18, 2025, it received notification from The Nasdaq Stock Market LLC (“Nasdaq”) that Nasdaq approved the Company’s request for a 180-calendar day extension (the “Extension”) to regain compliance with Listing Rule 5250(c)(1) (the “Rule”). The Rule requires timely filing of all required periodic financial reports with the U.S. Securities and Exchange Commission.

    The Extension was granted following Nasdaq’s review of materials submitted by the Company on June 16, 2025. Based on this review, the Nasdaq Staff determined to provide an exception, allowing FlexShopper additional time to achieve compliance with the Rule.

    FlexShopper is working with its independent auditor and external advisors to complete its annual audit for the fiscal year ended December 31, 2024. The Company expects to provide an update on the status of its delayed 2024 financial filings in the near term.  

    During the New Compliance Period, FlexShopper’s common shares will continue to trade on the Nasdaq Stock Market. If at any time before October 13, 2025, the Company files its Form 10-K for the period ended December 31, 2024 and its Form 10-Q for the period ended March 31, 2025, it is expected that Nasdaq would notify the Company that it has regained compliance with the Listing Rule 5250(c)(1). In the event the Company does not file its Form 10-K for the period ended December 31, 2024 and its Form 10-Q for the period ended March 31, 2025 by October 13, 2025, the Company may be subject to delisting of the common shares from the Nasdaq, at which time the Company may request a review of the delisting determination by a Nasdaq Hearings Panel.

    About FlexShopper

    FlexShopper, Inc. is a leading national financial technology company that offers innovative payment options to consumers. FlexShopper provides a variety of flexible funding options for underserved consumers through its direct-to-consumer online marketplace at Flexshopper.com and in partnership with merchants both online and at brick-and-mortar locations. FlexShopper’s solutions are crafted to meet the needs of a wide range of consumer segments through lease-to-own and lending products.

    Forward-Looking Statements

    All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “will,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate,” or other comparable terms. Examples of forward-looking statements include, among others, statements we make regarding expectations of the annual audit and filing of the Company’s 10-K and 10-Q, the continued listing on the Nasdaq Stock Market, and expectations concerning our business strategy. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including, among others, the following: our ability to obtain adequate financing to fund our business operations in the future; the failure to successfully manage and grow our FlexShopper.com e-commerce platform; our ability to maintain compliance with financial covenants under our credit agreement; our dependence on the success of our third-party retail partners and our continued relationships with them; our compliance with various federal, state and local laws and regulations, including those related to consumer protection; the failure to protect the integrity and security of customer and employee information; and the other risks and uncertainties described in the Risk Factors and in Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of our Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q. The forward-looking statements made in this release speak only as of the date of this release, and FlexShopper assumes no obligation to update any such forward-looking statements to reflect actual results or changes in expectations, except as otherwise required by law.

    Company Contact:
    FlexShopper, Inc.
    Investor Relations
    ir@flexshopper.com

    Investor and Media Contact:
    Andrew Berger
    Managing Director
    SM Berger & Company, Inc.
    Tel (216) 464-6400
    andrew@smberger.com

    The MIL Network –

  • MIL-OSI: Trupanion to Host 2025 Annual Investor Day on September 17

    Source: GlobeNewswire (MIL-OSI)

    SEATTLE, June 26, 2025 (GLOBE NEWSWIRE) — Trupanion, Inc. (Nasdaq: TRUP), a leader in medical insurance for cats and dogs, will host its Annual Investor Day on Wednesday, September 17, 2025. This annual event is designed to be the best opportunity for Trupanion shareholders and guests to understand Trupanion’s achievements and challenges over the past year and its strategic vision going forward.

    Management remarks are expected to commence shortly after 9:00 am Pacific Time. The event will feature presentations and extensive Q&A with the teams responsible for leading the execution of the Company’s strategic growth plan.

    Registration can be found here or on the events portion of Trupanion’s investor relations website found here.

    About Trupanion

    Trupanion is a leader in medical insurance for cats and dogs throughout the United States, Canada, and certain countries in Continental Europe with over 1,000,000 pets currently enrolled. For over two decades, Trupanion has given pet owners peace of mind so they can focus on their pet’s recovery, not financial stress. Trupanion is committed to providing pet parents with the highest value in pet medical insurance with unlimited payouts for the life of their pets. With its patented process, Trupanion is the only North American provider with the technology to pay veterinarians directly in seconds at the time of checkout. Trupanion is listed on NASDAQ under the symbol “TRUP”. The company was founded in 2000 and is headquartered in Seattle, WA. Trupanion policies are issued, in the United States, by its wholly owned insurance entity American Pet Insurance Company and, in Canada, by Accelerant Insurance Company of Canada or GPIC Insurance Company. Policies are sold and administered in Canada by Canada Pet Health Insurance Services, Inc. dba Trupanion 309-1277 Lynn Valley Road, North Vancouver, BC V7J 0A2 and in the United States by Trupanion Managers USA, Inc. (CA license No. 0G22803, NPN 9588590). Canada Pet Health Insurance Services, Inc. is a registered damage insurance agency and claims adjuster in Quebec #603927. For more information, please visit trupanion.com.

    Contacts

    Laura Bainbridge, Senior Vice President, Corporate Communications
    Gil Melchior, Director, Investor Relations
    Investor.Relations@trupanion.com

    The MIL Network –

  • MIL-OSI USA: Dr. Bruce T. Liang Reappointed Dean of UConn School of Medicine

    Source: US State of Connecticut

    The University of Connecticut has reappointed Dr. Bruce T. Liang to a third five-year term as dean of its UConn School of Medicine, effective July 1, 2025.

    Liang has served in this UConn leadership role since 2015, in addition to serving UConn Health and his heart patients as a cardiovascular physician-scientist at the Pat and Jim Calhoun Cardiology Center of UConn Health.

    Dean Liang speaking with UConn Provost Anne D’Alleva on April 23 at the launch event for the ‘Because of UConn’ Campaign, the largest in University history. (Peter Morenus/UConn Photo)

    “His continued leadership reflects the strong foundation he has built and the significant progress achieved over the past decade,” shared UConn Provost and Executive Vice President for Academic Affairs Anne D’Alleva in her announcement.

    Liang is applauded for leading the School of Medicine through a period of meaningful growth and advancement. During his last five-year term alone, he oversaw the full implementation of the MDelta curriculum, which has enriched the educational experience for students and improved outcomes. The School has also expanded its class size, exceeding the initial targets set by Bioscience Connecticut, a state investment launched in 2011 to position Connecticut as a leader in biomedical research and innovation. In addition, Liang led the development of a Science Strategy Plan aligned with the University’s priorities, recruited exceptional faculty, and helped drive an increase in NIH funding. In fact, under Liang’s leadership the medical school has received record-breaking research grant funding of over $100 million year after year. Plus, collaborative partnerships with Jackson Laboratories and Connecticut Children’s have deepened, further elevating the School’s research profile.

    UConn’s medical school proudly remains the top contributor to Connecticut’s health care workforce, with many graduates staying in the state to practice. Its Graduate Medical Education programs have robustly grown and now rank in the top 10% nationally. The School is also a significant producer of many new scientists and public health experts.

    Dr. Bruce T. Liang delivering his 2025 Commencement address to the graduating medical students in the Class of 2025. (Thomas Hurlbut Photography)

    Liang has also strengthened community service programs, securing major grants, supporting the Urban Service Track, Area Health Education Center, Health Career Opportunity Programs, and Office of Multicultural and Community Affairs, as well as expanding care access through clinics serving immigrants in the state.

    During his past term as dean, Liang also served as Interim CEO of UConn Health, for more than two years, guiding the institution through a key leadership transition with professionalism, growth, integrity, and a clear commitment to the university’s mission.

    “Please join me in congratulating Dr. Liang on his reappointment and thanking him for his continued service to UConn Health and the University of Connecticut,” said D’Alleva.

    “Thank you to the Provost, the University of Connecticut, and UConn Health for once again entrusting me to take our amazing medical school and its people, along with their innovative medicine, medical education, and research to even greater pinnacles,” said Liang. “It makes me so proud to be reappointed to serve as your dean for a third time— and to be a UConn Husky.”

    Liang is an internationally recognized cardiologist and researcher and national leader in academic medicine. He has been consistently named one of America’s Top Doctors and Best Doctors in America for cardiovascular disease care. His cutting-edge translational research contributions have advanced scientific knowledge about heart disease. His latest research investigations have developed a new potential medication for advanced heart failure patients. His research has been continuously funded since 1986 by the NIH, the American Heart Association, and the U.S. Department of Defense.

    Dr. Liang applauding the research poster of a public health student trainee at UConn School of Medicine. (Photo by Tharun Palla/Public Health Sciences)

    In addition to serving as the longtime dean of UConn School of Medicine, he is the Ray Neag Distinguished Professor of Cardiovascular Biology and Medicine. Before joining the UConn Health faculty in 2002, for 13 years he served the University of Pennsylvania School of Medicine as associate professor of medicine and pharmacology. Liang received his bachelor’s degree from Harvard in biochemistry and molecular biology and his medical degree from Harvard Medical College. He completed his internal medicine internship and residency training at the Hospital of the University of Pennsylvania and cardiology fellowship training at Brigham and Women’s Hospital and Harvard Medical School.

    He is a fellow of the American Association for the Advancement of Science (AAAS), American College of Cardiology, and the American Heart Association, and is an elected member of the American Society for Clinical Investigation, the Association of University Cardiologists, the Council on Clinical Cardiology and Basic Cardiovascular Sciences, and the Connecticut Academy of Science and Engineering.

    MIL OSI USA News –

  • MIL-OSI USA: Increasing New York’s Housing Supply

    Source: US State of New York

    overnor Kathy Hochul today announced that nearly 3,000 affordable, modern, energy-efficient homes will be created or preserved in communities throughout New York State as a result of $1 billion in housing bonds and subsidies. The latest funding awards help advance the Governor’s commitment to increasing the housing supply and making the State more affordable. The 15 projects receiving funding are part of the Governor’s five-year, $25 billion comprehensive Housing Plan that will create or preserve 100,000 affordable homes across New York State.

    “Solving New York’s housing crunch and cutting costs for families hinges on increasing home availability statewide,” Governor Hochul said. “Through these investments, we’re helping produce more affordable, modern, supportive, sustainable housing. This is going to help push costs down, keep our state strong and provide housing opportunities to thousands of New Yorkers.”

    Financing is allocated through New York State Homes and Community Renewal’s recent bond issuances which provided $560 million in tax-exempt housing bonds and $466 million in subsidy. All awarded projects will achieve high levels of sustainability and carbon reduction. When coupled with additional private funding and resources, the projects receiving funding are expected to generate $1.5 billion in overall investment.

    New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas said, “With more than $1 billion allocated to these 15 projects through housing bonds and subsidies, we’re helping deliver nearly 3,000 affordable, sustainable, and supportive homes that will serve New Yorkers for years to come. These developments are part of the Governor’s $25 billion Housing Plan, which has already created or preserved more than 60,000 affordable homes in communities across New York. From New York City to the North Country, we are tackling the housing crisis head-on and supporting Governor Hochul’s mission to expand housing options, improve affordability, and foster economic growth across the State.”

    New York State Senate Majority Leader Andrea Stewart-Cousins said, “I applaud this significant investment in affordable housing, including this critical project right here in Yonkers, as part of our ongoing commitment to ensuring safe, modern, and affordable homes across every region of New York State. The Senate Majority has been at the forefront of driving this historic effort, recognizing that access to quality housing is fundamental to thriving communities. We look forward to continuing our collaborative work with Governor Hochul and the Assembly to build on this progress and create even greater housing opportunities for all New Yorkers.”

    The awarded projects are:

    New York City

    • $23 million for Kittay House in the Bronx – Rehabilitation of a Mitchell-Lama development built in 1969 in the Fordham neighborhood. The 295-unit development for seniors includes a common kitchen, dining hall, recreation rooms, a doctor’s office, and is conveniently located near health care and services. Developed by Kittay Senior Housing.
    • $326 million for Vital Brooklyn Alafia Phase 2 in Brooklyn – Construction of two 14-story, mixed-use buildings with 634 units and over 12,000 square feet of commercial space as part of the redevelopment of the Brooklyn Development Center. Includes 47 units with supportive services for individuals struggling with homelessness. The development is a component of the State’s Vital Brooklyn initiative to address chronic social, economic, and health disparities in central Brooklyn. Developed by Apex Real Estate Development.
    • $40 million for Emerson Davis Apartments in Brooklyn – Demolition of an obsolete building and the new construction of a 12-story building with 103 affordable and supportive apartments in the Clinton Hill neighborhood of Brooklyn. The development will include supportive social service space for residents in the Emerson-Davis Family Residence program. Developed by Institute for Community Living.
    • $142 million for Edgemere Commons in Queens – Construction of an 18-story, mixed-use building with 244 units and nearly 4,000 square feet of commercial space at the former Peninsula Hospital site in Far Rockaway. Includes 73 units with supportive services for individuals and families experiencing homelessness, as well as 9,000 square feet of community facility space set aside for a daycare facility. Developed by Tishman Speyer.
    • $63 million for Westbeth Artist Housing in Manhattan – Rehabilitation of the historic Westbeth Artist Housing in the West Village with 385 residential units and 73 commercial units across eight buildings. The affordable live-work housing for artists, includes studios, a gallery, a theater, commercial spaces, and landscaped park and courtyard. Developed by Westbeth Corp. Housing Development Fund Company.
    • $9 million for Jericho House in Manhattan – Rehabilitation and expansion of a 48-unit affordable housing and supportive development, with eight units added for a total of 56. All apartments are set aside for formerly homeless individuals. The development is receiving funding from the Clean Energy Initiative. Developed by the Jericho Project.

    Capital Region

    • $72 million for Northgate Landing in Albany – Construction of two, four-story buildings in the Bishop’s Gate neighborhood with 185 apartments for families. The development will include community space and fitness center, and is close to health care, retail, and services. Developed by Conifer.

    Finger Lakes

    • $46 million for Gardner’s Lofts in Rochester – Adaptive reuse of a former historic mill consisting of six interconnected five-story buildings with 88 affordable and supportive apartments for formerly homeless veterans and families. The development will include office space for services provided by Soldier On. Developed by Winn Development.

    Mid-Hudson

    • $36 million for Rip Van Winkle Apartments in Poughkeepsie – Acquisition and rehabilitation of an 18-story building containing 179 affordable apartments. The development is receiving funding from the Clean Energy Initiative and will be fully electrified. Developed by Related Affordable.
    • $43 million for 345 McLean Avenue in Yonkers – New construction of a 12-story building containing 105 units for seniors aged 62 or older, including 31 units with supportive services for households experiencing homelessness or at risk of homelessness. Developed by Verus Development.
    • $107 million for 345 Q-West Towers in Mount Vernon – New construction of a 15-story building containing 115 units and a 12-story building containing 114 units. Both buildings will also include commercial space. Developed by Simone Development Companies.

    Mohawk Valley

    • $14 million for Historical Park Apartments in Utica – Acquisition and rehabilitation of an 11-story building originally built in 1973 that contains 121 affordable apartments set aside for seniors and people with disabilities, as well as one market-rate unit. Developed by SpringTide Housing.

    North Country

    • $15 million for Beekman Towers in Plattsburgh – Acquisition and rehabilitation of an 11-story building originally built in 1974 that contains 124 affordable apartments set aside for seniors and people with disabilities. Developed by SpringTide Housing.
    • $44 million for Pine Camp Apartments in Watertown – New construction of a four-story building containing 120 affordable apartments, including 80 with supportive services for veterans, seniors, and individuals experiencing homelessness. Developed by DePaul.

    Southern Tier

    • $46 million for Saratoga Heights in Binghamton – Acquisition and rehabilitation of 100 units in 11 existing townhouse-style residential buildings and one community building owned by the Binghamton Housing Authority. The development is receiving funding from the Clean Energy Initiative. Developed by 3D Development Group.

    Governor Hochul’s Housing Agenda
    Governor Hochul is dedicated to addressing New York’s housing crisis and making the State more affordable and more livable for all New Yorkers. As part of the FY25 Enacted Budget, the Governor secured a landmark agreement to increase New York’s housing supply through new tax incentives, capital funding, and new protections for renters and homeowners. Building on this commitment, the FY26 Enacted Budget includes more than $1.5 billion in new State funding for housing, a Housing Access Voucher pilot program, and new policies to improve affordability for tenants and homebuyers. These measures complement the Governor’s five-year, $25 billion Housing Plan, included in the FY23 Enacted Budget, to create or preserve 100,000 affordable homes statewide, including 10,000 with support services for vulnerable populations, plus the electrification of an additional 50,000 homes. More than 60,000 homes have been created or preserved to date.

    The FY25 and FY26 Enacted Budgets also strengthened the Governor’s Pro-Housing Community Program — which allows certified localities exclusive access to up to $750 million in discretionary State funding. Currently, more than 300 communities have received Pro Housing certification.

    MIL OSI USA News –

  • MIL-OSI USA: A foundation for the future: state breaks ground on affordable housing site in Stockton

    Source: US State of California Governor

    Jun 26, 2025

    What you need to know: La Passeggiata on Lindsey Street in Stockton is the latest site to be transformed from excess, underutilized state land into affordable housing under Governor Newsom’s executive order.

    STOCKTON — Today, state leaders broke ground on a new affordable housing community in downtown Stockton. Through an executive order signed by Governor Gavin Newsom, the former state-owned site will be turned into 94 homes for low-income households.

    “Once again, the Excess Sites program is helping transform state-owned land into something more: hope and stability for our state’s residents. California continues to lead by example in addressing the nation’s affordable housing crisis.”

    Governor Gavin Newsom

    The Excess Sites program is administered in partnership by the California Department of General Services (DGS) and the California Department of Housing and Community Development (HCD). The program identifies state-owned land available and suitable for housing and creates a digital inventory of those properties through the State Excess Sites – Affordable Housing Opportunities Map Viewer. The sites are awarded to developers via a long-term ground lease allowing for low-cost development of affordable housing. This community is being developed by Visionary Home Builders of California.

    “The State’s Excess Sites program continues to transform neighborhoods across California by turning underutilized state property into affordable housing and revitalizing communities,” Business, Consumer Services and Housing Agency Secretary Tomiquia Moss said. “This energy-efficient project will reduce the community’s carbon footprint and breathe new life into Downtown Stockton with housing and services for families and seniors.”

    “Having grown up in Stockton, I am honored to be a part of this transformation to provide safe and stable housing for members of the community who need it most,” said Government Operations Secretary Nick Maduros. “This marks another step on California’s journey toward addressing housing needs while staying committed to our sustainability goals.”  
     

    Project details

    The plans for La Passeggiata at 622 East Lindsey Street in Stockton include two buildings, five and six stories high, connected by a breezeway. The five-story building will have 39 one- and two-bedroom apartments, and the six-story building will have 55 two- and three-bedroom apartments. The units will have energy-efficient appliances, rooftop gardens, and will utilize solar energy for seniors and families.

    “The modern, energy-efficient units at La Passeggiata will provide homes for dozens of local families who need an affordable place to live,” DGS Director Ana M. Lasso said. “This project harnesses the best of state, local and nonprofit collaboration to deliver much needed sustainable, affordable housing across the state.”

    “Thanks to the Governor’s executive order, nearly an acre of land sitting unused in the heart of Stockton—blocks from the Civic Center and waterfront—will be transformed into critically needed affordable housing,” HCD Director Gustavo Velasquez said. “Through this ongoing partnership, we are connecting residents in need of housing stability to jobs, transit, amenities, and opportunity.”

    From state land to affordable housing

    In 2019, Governor Gavin Newsom issued an Executive Order N-06-19, tasking HCD and DGS with tackling the state’s affordable housing crisis by identifying underutilized state-owned land that could be converted into affordable housing, considering factors such as proximity to job centers, amenities, and public transit. The order has since been utilized to create hundreds of affordable homes on nearly 50 state-owned sites, including:

    • 248 new homes at Sugar Pine Village for families and workers in the Tahoe region
    • 58 new homes for seniors under construction with an additional 150 new homes  starting construction within the year at Mulberry Gardens Senior Apartments in Riverside
    • 75 new homes at 750 Golden Gate Avenue with an additional 92 new homes at 850 Turk Street in San Francisco
    • 58 new homes at Sonrisa in Sacramento

    Recent news

    Jun 25, 2025

    News What you need to know: There are many disingenuous claims swirling about California gas prices “set to soar” – the truth is that gas prices won’t come anywhere close to increasing by 65 cents, as many would have you believe.   SACRAMENTO – California gas prices…

    Jun 25, 2025

    News What you need to know: Governor Newsom announced $135 million is available for wildfire prevention grants – protecting communities from catastrophic wildfire at the same time as President Trump adds new strain to firefighting resources. SACRAMENTO – As President…

    Jun 25, 2025

    News What you need to know: As part of California Jobs First, the state is awarding $15 million through the Regional Investment Initiative to support California Native American tribal partners in creating jobs and developing high-paying and fulfilling careers….

    MIL OSI USA News –

  • MIL-OSI Russia: The government has approved the planned volume of subsidies for regional projects to develop urban electric transport

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    In 2025, it is planned to allocate about 4 billion rubles to subsidize preferential loans provided to support ongoing projects for the development of urban electric ground public transport in the regions. The planned funding for the budget three-year period will be 12 billion rubles, and in general from 2025 to 2042 – more than 41.7 billion rubles. An order has been signed containing the distribution of these funds.

    Document

    Order of June 23, 2025 No. 1617-r

    The decision will guarantee co-financing of already started projects for construction, modernization and reconstruction of tram lines and infrastructure for them, as well as the acquisition of electric transport. Such projects are implemented on the basis of long-term concession agreements.

    Participants in the program for subsidizing projects for the development of urban electric transport include Krasnodar and Perm Krais, Volgograd, Kursk, Lipetsk, Nizhny Novgorod, Rostov, Saratov and Yaroslavl Oblasts. Participants have been receiving preferential loans for the implementation of such projects since 2023 as part of the state program “Development of the Transport System”. Subsidies from the federal budget to compensate for lost income due to the application of a preferential rate are allocated by VEB.RF in the form of a property contribution from the state.

    Previously, the main administrator of budget funds in this area was the Ministry of Finance. The signed order transferred these functions to the Ministry of Transport.

    The Prime Minister Mikhail Mishustin announced the decision takenat the cabinet meeting on June 26.

    According to him, further implementation of the decisions taken will help reduce noise on city streets, reduce emissions due to more environmentally friendly rolling stock, and most importantly, make travel by transport more comfortable and safer.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI USA: Michigan Doctor Sentenced to Four Years for $6.3M Medicare Fraud Scheme

    Source: US State of North Dakota

    A Michigan doctor was sentenced today to four years in prison for a $6.3 million Medicare fraud scheme in which elderly and disabled patients were sent thousands of orthotic braces that they did not need.

    According to court documents and evidence presented at trial, Sophie Toya, M.D., 56, of Bloomfield Hills, prescribed over 7,900 orthotic braces to more than 2,600 Medicare patients during a six-month period. The patients were solicited through deceptive television commercials offering free back braces. When they called the advertised telephone number, they were persuaded to accept braces for other parts of their bodies, with the promise that Medicare would pay. Toya spoke to some of these patients briefly over the phone, and she had no contact at all with the others. Toya nonetheless signed orders prescribing more than 7,900 braces, including prescribing four or more braces to nearly 1,000 patients.

    Toya prescribed as many as 136 braces in a day, 12 braces for a single patient, and numerous braces for undercover agents posing as Medicare beneficiaries after speaking with them by telephone for less than a minute. The prescriptions and accompanying medical records signed by Toya falsely represented that the braces were medically necessary and that she diagnosed the beneficiaries, had a plan of care for them, and recommended that they receive certain additional treatment. In the case of one patient, to whom Toya prescribed five braces for which Medicare was billed $3,883, she falsely attested that she evaluated the patient and that the patient was mobile when, in fact, the patient had long been confined to a wheelchair, could not walk or stand, and was suffering from a dangerous spinal infection that could not be treated by braces but instead required spinal surgery.

    Toya’s false prescriptions were used by brace supply companies to bill Medicare more than $6.3 million. Toya was paid approximately $120,000 by purported telemedicine companies in exchange for signing the fraudulent prescriptions.

    On May 10, 2024, Toya was convicted following an eight-day trial on one count of health care fraud and five counts of false statements relating to health care matters. Toya was also ordered to pay $3,606,935 in restitution and $120,475 in forfeiture.

    Matthew R. Galeotti, Head of the Justice Department’s Criminal Division; Assistant Director in Charge Jose A. Perez of the FBI Criminal Division; and Deputy Inspector General for Investigations Christian J. Schrank of the Department of Health and Human Services Office of Inspector General (HHS-OIG) made the announcement.

    The FBI and HHS-OIG investigated the case. The case was charged as part of Operation Rubber Stamp, a coordinated nationwide law enforcement operation that targeted medical professionals who participated in fraudulent telemedicine schemes.

    Assistant Chief Rebecca Yuan and Trial Attorney Chris Wenger of the National Rapid Response Strike Force of the Criminal Division’s Fraud Section prosecuted the case.

    The Fraud Section leads the Criminal Division’s efforts to combat health care fraud through the Health Care Fraud Strike Force Program. Since March 2007, this program, currently comprised of 9 strike forces operating in 27 federal districts, has charged more than 5,800 defendants who collectively have billed federal health care programs and private insurers more than $30 billion. In addition, the Centers for Medicare & Medicaid Services, working in conjunction with HHS-OIG, are taking steps to hold providers accountable for their involvement in health care fraud schemes. More information can be found at www.justice.gov/criminal-fraud/health-care-fraud-unit.

    MIL OSI USA News –

  • MIL-OSI Security: Michigan Doctor Sentenced to Four Years for $6.3M Medicare Fraud Scheme

    Source: United States Attorneys General 1

    A Michigan doctor was sentenced today to four years in prison for a $6.3 million Medicare fraud scheme in which elderly and disabled patients were sent thousands of orthotic braces that they did not need.

    According to court documents and evidence presented at trial, Sophie Toya, M.D., 56, of Bloomfield Hills, prescribed over 7,900 orthotic braces to more than 2,600 Medicare patients during a six-month period. The patients were solicited through deceptive television commercials offering free back braces. When they called the advertised telephone number, they were persuaded to accept braces for other parts of their bodies, with the promise that Medicare would pay. Toya spoke to some of these patients briefly over the phone, and she had no contact at all with the others. Toya nonetheless signed orders prescribing more than 7,900 braces, including prescribing four or more braces to nearly 1,000 patients.

    Toya prescribed as many as 136 braces in a day, 12 braces for a single patient, and numerous braces for undercover agents posing as Medicare beneficiaries after speaking with them by telephone for less than a minute. The prescriptions and accompanying medical records signed by Toya falsely represented that the braces were medically necessary and that she diagnosed the beneficiaries, had a plan of care for them, and recommended that they receive certain additional treatment. In the case of one patient, to whom Toya prescribed five braces for which Medicare was billed $3,883, she falsely attested that she evaluated the patient and that the patient was mobile when, in fact, the patient had long been confined to a wheelchair, could not walk or stand, and was suffering from a dangerous spinal infection that could not be treated by braces but instead required spinal surgery.

    Toya’s false prescriptions were used by brace supply companies to bill Medicare more than $6.3 million. Toya was paid approximately $120,000 by purported telemedicine companies in exchange for signing the fraudulent prescriptions.

    On May 10, 2024, Toya was convicted following an eight-day trial on one count of health care fraud and five counts of false statements relating to health care matters. Toya was also ordered to pay $3,606,935 in restitution and $120,475 in forfeiture.

    Matthew R. Galeotti, Head of the Justice Department’s Criminal Division; Assistant Director in Charge Jose A. Perez of the FBI Criminal Division; and Deputy Inspector General for Investigations Christian J. Schrank of the Department of Health and Human Services Office of Inspector General (HHS-OIG) made the announcement.

    The FBI and HHS-OIG investigated the case. The case was charged as part of Operation Rubber Stamp, a coordinated nationwide law enforcement operation that targeted medical professionals who participated in fraudulent telemedicine schemes.

    Assistant Chief Rebecca Yuan and Trial Attorney Chris Wenger of the National Rapid Response Strike Force of the Criminal Division’s Fraud Section prosecuted the case.

    The Fraud Section leads the Criminal Division’s efforts to combat health care fraud through the Health Care Fraud Strike Force Program. Since March 2007, this program, currently comprised of 9 strike forces operating in 27 federal districts, has charged more than 5,800 defendants who collectively have billed federal health care programs and private insurers more than $30 billion. In addition, the Centers for Medicare & Medicaid Services, working in conjunction with HHS-OIG, are taking steps to hold providers accountable for their involvement in health care fraud schemes. More information can be found at www.justice.gov/criminal-fraud/health-care-fraud-unit.

    MIL Security OSI –

  • MIL-OSI: Independent Bank Corporation Announces Date for Its Second Quarter 2025 Earnings Release

    Source: GlobeNewswire (MIL-OSI)

    GRAND RAPIDS, Mich., June 26, 2025 (GLOBE NEWSWIRE) — Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2025 second quarter results on Thursday, July 24, 2025, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the “News” section of the “Investor Relations” area of the Company’s website.

    Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Thursday, July 24, 2025.

    To participate in the live conference call, please dial 1-833-470-1428 (Access Code # 493553). Also the conference call will be accessible through an audio webcast with user-controlled slides via the following event site/URL: https://events.q4inc.com/attendee/394984135.

    A playback of the call can be accessed by dialing 1-866-813-9403 (Access Code # 372693). The replay will be available through July 31, 2025.

    About Independent Bank Corporation

    Independent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company with total assets of approximately $5.3 billion. Founded as First National Bank of Ionia in 1864, Independent Bank Corporation operates a branch network across Michigan’s Lower Peninsula through one state-chartered bank subsidiary. This subsidiary (Independent Bank) provides a full range of financial services, including commercial banking, mortgage lending, investments, insurance and title services. Independent Bank Corporation is committed to providing exceptional personal service and value to its customers, stockholders and the communities it serves.

    For more information, please visit our website at: IndependentBank.com.

       
    Contact: William B. Kessel, President and CEO, 616.447.3933
    Gavin A. Mohr, Chief Financial Officer, 616.447.3929
       

    The MIL Network –

  • MIL-OSI Security: Nigerian national arrested in multimillion-dollar email and money laundering scam

    Source: Office of United States Attorneys

    HOUSTON – A 33-year-old Houston man has been taken into custody for his role in a large-scale business email compromise and money laundering scheme, announced U.S. Attorney Nicholas J. Ganjei.

    Authorities have arrested Edikan Adiakpan who is expected to make his initial appearance at 2 p.m. before U.S. Magistrate Judge Peter Bray.

    A federal grand jury in Houston returned a three-count indictment June 11 charging Adiakpan with conspiracy to commit wire fraud, money laundering conspiracy and illegal money transmission. The indictment alleges that in 2021, Adiakpan and co-conspirators carried out a business email compromise scheme targeting companies in at least eight states, including a California research group focused on developing treatments for U.S. veterans. 

    Victims received “spoofed” emails that appeared to come from known suppliers and creditors, according to the charges. They were allegedly tricked into sending payments to bank accounts the fraudsters controlled instead of the actual suppliers.

    The charges further allege the conspirators laundered the funds by quickly transferring the money between multiple bank accounts they controlled. They then allegedly converted the funds into cashier’s’ checks. Adiakpan allegedly cashed the checks and kept a percentage as a fee.

    Another Nigerian citizen, Ayobami Omoniyi, 26, was previously charged with conspiracy to commit wire fraud as part of the same scheme and is awaiting sentencing before U.S District Judge Andrew S. Hanen. 

    If convicted, Adiakpan faces up to 20 years in federal prison on the conspiracy and money laundering conspiracy charges and up to five years for the illegal money transmitting. Each conviction carries a possible $250,000 maximum fine. 

    FBI – Houston and its Bryan Resident Agency and IRS Criminal Investigation conducted the investigation. Assistant U.S. Attorneys Belinda Beek and Christine Lu are prosecuting the case.

    An indictment is a formal accusation of criminal conduct, not evidence. A defendant is presumed innocent unless convicted through due process of law.

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  • MIL-OSI Security: Mexican National Sentenced to 100 Months in Prison for Laundering $5.4 million

    Source: Office of United States Attorneys

    LEXINGTON, Ky. – Today, a Mexican national was sentenced to 100 months in prison for his role in arranging for the collection of drug proceeds in the United States and the repatriation of the proceeds, or their equivalent value, to Mexico as part of a money laundering conspiracy.

    According to court documents, Jose Manuel Martinez Gomez, a/k/a Meño, served as a “money broker” in an organization that aided the Cartel Jalisco Nueva Generacion (CJNG) by collecting, laundering, and repatriating drug proceeds generated in the United States to the cartel in Mexico. Martinez personally arranged for the laundering of $5,462,289 that was proceeds of drug trafficking crimes. Martinez used a network of co-conspirators to pick up those drug proceeds all over the United States. After money was delivered in the United States, Mr. Martinez provided instructions for the transfer of those funds via cryptocurrency, including providing a cryptocurrency wallet address, or a bank account.   Martinez worked for “commissions,” or a percentage of the money laundered successfully.

    As a direct result of the money laundering contracts brokered by Martinez, DEA Lexington and its domestic partners seized a staggering quantity of drugs, including approximately 3 kilograms of fentanyl, 52.77 kilograms of cocaine, 7,078.63 kilograms of unconverted methamphetamine in the form of charcoal lumps, 170 gallons of unconverted methamphetamine in the form of coconut oil, 140 kilograms of methamphetamine, and 15 gallons of liquid methamphetamine.  DEA also seized $1,352,160 in bulk U.S. currency.

    “The successful prosecution of Martinez disrupted the flow of vital drug proceeds back to CJNG, and removed substantial quantities of dangerous drugs from American communities,” said Acting United States Attorney Paul McCaffrey.  “While the fight against cartel-sourced drug trafficking is far from over, today’s result is a step in the right direction, and is a testament to our law enforcement partners’ collaboration and constant commitment to justice.”

    “Jose Manuel Martinez Gomez helped Mexican drug traffickers to wash their ill-gotten gains from the sale of cocaine, heroin, methamphetamine, and fentanyl in U.S. neighborhoods and communities,” said Matthew R. Galeotti, Head of the Justice Department’s Criminal Division.

    “This prosecution should serve as a warning of the Department of Justice’s focus on holding to account anyone who seeks to help launder cartel’s money and underpins a system that delivers dangerous drugs that destroy our neighborhoods and communities.”

    “The Drug Enforcement Administration will continue to use every tool at our disposal to disrupt the flow of drugs across our borders and the flow of money back to Mexico by cartel operatives and bring these individuals to justice,” said Special Agent in Charge Jim Scott, head of DEA’s Louisville Division.  “I want to thank all of our law enforcement partners in this case and commend them for their dedication to public safety.”

    On March 7, Martinez pleaded guilty to money laundering conspiracy and concealment money laundering.

    The Drug Enforcement Administration (DEA) Lexington Resident Office investigated the case, working closely with the Detroit Field Division and Rocky Mountain Field Division, and assisted by DEA offices in Mexico, Minneapolis, St. Louis, Birmingham, Chicago, Cincinnati, Tulsa, Oklahoma City, Louisville, Baltimore, Des Moines, Milwaukee, Portland, Columbia, and Rapid City, as well as the Internal Revenue Service (IRS) Criminal Investigation Division.

    Deputy Criminal Chief Todd Bradbury of the Eastern District of Kentucky and Trial Attorney Elizabeth R. Rabe of the Criminal Division’s Money Laundering and Asset Recovery Section prosecuted this case.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and other transnational criminal organizations and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces and Project Safe Neighborhoods.

    – END –

     

     

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  • MIL-OSI Security: West Haven Man Charged with Child Exploitation Offenses

    Source: Office of United States Attorneys

    David X. Sullivan, United States Attorney for the District of Connecticut, and P.J. O’Brien, Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation, announced that CARLOS INESTI, 29, of West Haven, was arrested today on a federal criminal complaint charging him with child exploitation offenses.

    As alleged in court documents and statements made in court, in April 2025, the FBI arrested an individual in Utah for possession of child pornography.  Analysis of a cell phone seized during the investigation revealed videos involving an adult male, subsequently determined to be Inesti, engaging in sexually explicit conduct with a toddler-aged girl.  The investigation revealed that Inesti had recorded the videos and shared them through the Telegram application.

    Inesti appeared today before U.S. Magistrate Judge Maria E. Garcia in New Haven and was released on a $100,000 bond into home detention with location monitoring.  He is prohibited from accessing the internet and having any contact with minors.

    The complaint charges Inesti with sexual exploitation of children, which carries a mandatory minimum term of imprisonment of 15 years and a maximum term of imprisonment of 30 year, and with distribution of child pornography, which carries a mandatory minimum term of imprisonment of five years and a maximum term of imprisonment of 20 years.

    U.S. Attorney Sullivan stressed that a complaint is only a charge and is not evidence of guilt.  Charges are only allegations, and a defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt.

    This investigation is being conducted by the FBI’s New Haven and Salt Lake City Field Offices, with the assistance of the West Haven Police Department.  The case is being prosecuted by Assistant U.S. Attorney Angel M. Krull.

    This prosecution is part of the U.S. Department of Justice’s Project Safe Childhood Initiative, which is aimed at protecting children from sexual abuse and exploitation.  For more information about Project Safe Childhood, please visit www.justice.gov/psc.

    To report cases of child exploitation, please visit www.cybertipline.com.

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  • MIL-OSI Security: Mescalero Man Pleads Guilty to Sexual Abuse of Minor

    Source: US FBI

    ALBUQUERQUE – A Mescalero man pleaded guilty to the federal charge of sexual abuse of a minor.

    According to court records, on February 15, 2025, John Albert Carrillo, Jr., 36, a member of the Mescalero Apache Tribe, used force to commit a sexual act with a minor victim.

    Carrillo pleaded guilty to sexual abuse of a minor and faces up to 15 years in prison. Upon his release from prison, Carrillo will be required to register as a sex offender and must serve a term of supervised release not less than five years and up to life.

    U.S. Attorney Ryan Ellison and Philip Russell, Acting Special Agent in Charge of the Federal Bureau of Investigation’s Albuquerque Field Office, made the announcement today.

    The Las Cruces Resident Agency of the Federal Bureau of Investigation’s Albuquerque Field Office investigated this case with assistance from the Bureau of Indian Affairs. Assistant U.S. Attorney Jackson K. Dering V is prosecuting the case.

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  • MIL-OSI Security: Final Member Sentenced in Tennessee Fentanyl, Methamphetamine, and Marijuana Trafficking Ring

    Source: Office of United States Attorneys

    Jackson, TN – A federal judge has sentenced Caricus Hendrix, 38, of Bolivar, Tennessee to 25 years in federal prison for his role in an organized drug trafficking scheme that spanned the state of Tennessee. Interim United States Attorney Joseph C. Murphy, Jr. announced the sentence today.

    According to evidence presented in court, in July 2021, the Federal Bureau of Investigation and the Bolivar Police Department began an investigation into the illegal distribution of methamphetamine, fentanyl, and marijuana by members and associates of the rap label “FFG” in the Western District of Tennessee. By using controlled purchases of narcotics, search warrants, wiretaps, and other investigative tactics, agents determined Hendrix and others were responsible for transporting and distributing fentanyl, methamphetamine, and marijuana throughout the state of Tennessee, especially the Western District of Tennessee. During the investigation, agents seized approximately 16 pounds of methamphetamine, 3.5 pounds of fentanyl, 4.5 pounds of marijuana, and 13 firearms.

    On October 22, 2024, Hendrix pled guilty to conspiracy to possess with intent to distribute methamphetamine and fentanyl. On May 16, 2025, United States District Court Judge S. Thomas Anderson sentenced Hendrix to 25 years in federal prison and ordered Hendrix to serve five years of supervised release upon completion of the prison term.

    There is no parole in the federal system.

    “This investigation represents the strength of federal and local partnerships in taking down complex drug trafficking organizations that poison our communities. The Bolivar Police Department remains committed to working alongside our federal partners to protect the citizens of our community from dangerous drugs and violent crime. This case demonstrates what is possible when agencies unite toward a common goal.”, said Bolivar Police Department Chief Michael Jones.

    The following co-conspirators have already pled guilty and have been sentenced:            

    • Shannon Wilder, 28, of Jackson, TN: 130 months and a five-year period of supervised release for conspiracy to distribute and possess with the intent to distribute 400 grams or more of fentanyl.
    • Eula Morris, 56, of Bolivar, TN: 87 months and a five-year period of supervised release for conspiracy to distribute and possess with the intent to distribute 400 grams or more of fentanyl.
    • Jarrett Wilson, 27, of Henderson, TN: 144 months and a five-year period of supervised release for conspiracy to distribute and possess with the intent to distribute 400 grams or more of fentanyl.
    • Joshua Fields, 29, of Lexington, TN: 204 months and a five-year period of supervised release for conspiracy to distribute and possess with the intent to distribute 400 grams or more of fentanyl.
    • Sheneka Waller, 37, of Bolivar, TN: 12 months and one day and a five-year period of supervised release for conspiracy to distribute and possess with the intent to distribute 400 grams or more of fentanyl.
    • Myreon Woods, 42, of Bolivar, TN: 120 months and a three-year period of supervised release for conspiracy to distribute and possess with the intent to distribute fentanyl.
    • Montrez Brown, 29, of Bolivar, TN: 42 months and a three-year period of supervised release for conspiracy to distribute and possess with the intent to distribute marijuana.
    • Charmaine Beauregard, 42, of Bolivar, TN: 15 months and a three-year period of supervised release for conspiracy to distribute and possess with the intent to distribute marijuana.
    • Cordarvin McNeal, 36, of Bolivar, TN: 120 months and a five-year period of supervised release for conspiracy to distribute and possess with the intent to distribute 400 grams or more of fentanyl.
    • Danielle Boyd, 37, of Bolivar, TN: 12 months and one day and a three-year period of supervised release maintaining a drug premises.
    • Jaylen Sain, 29, of Bolivar, TN: 50 months and a three-year period of supervised release for conspiracy to distribute and possess with the intent to distribute marijuana and aiding and abetting the possession with the intent to distribute marijuana.
    • Shumarcus Cross, 40, of Bolivar, TN: 27 months and a three-year period of supervised release for conspiracy to distribute and possess with the intent to distribute marijuana.
    • Cameron Mickens, 26, of Henderson, TN: 100 months and a three-year period of supervised release for conspiracy to distribute and possess with the intent to distribute 400 grams or more of fentanyl.
    • Alfredia Atkins, 54, of Bolivar, TN: 36 months and a three-year period of supervised release for maintaining a drug premises.
    • Tavares Atkins, 47, of Selmer, TN: 36 months and a three-year period of supervised release for conspiracy to distribute and possess with the intent to distribute 400 grams or more of fentanyl.
    • Shalonda Bills, 36, of Bolivar, TN: 30 months and a three-year period of supervised release for conspiracy to distribute and possess with the intent to distribute fentanyl.
    • Curtis Brown, 33, of Selmer, TN: 60 months and a three-year period of supervised release for conspiracy to distribute and possess with the intent to distribute 400 grams or more of fentanyl.
    • Michael Douglas, 32, of Lexington, TN: 130 months and a three-year period of supervised release for conspiracy to distribute and possess with the intent to distribute 400 grams or more of fentanyl.
    • Correy Brown, 41, of Bolivar, TN: 5 years of probation through the State of Tennessee.

    This investigation was conducted as part of an Organized Crime Drug Enforcement Task Forces (OCDETF) investigation. OCDETF identifies, disrupts, and dismantles the highest-level drug traffickers, money launderers, gangs, and transnational criminal organizations that threaten the United States by using a prosecutor-led, intelligence-driven, multi-agency approach that leverages the strengths of federal, state, and local law enforcement agencies against criminal networks.

    The case was investigated by the FBI Jackson Resident Agency, Bolivar Police Department, Jackson Police Department, Lexington Police Department, Chester County Sheriff’s Department, McNairy County Sheriff’s Department, the Selmer Police Department, and the Bureau of Prisons.

    Assistant United States Attorney Christie Hopper prosecuted this case on behalf of the government.   

    ###

    For more information, please contact the Media Relations Team at USATNW.Media@usdoj.gov. Follow the U.S. Attorney’s Office on Facebook or on X at @WDTNNews for office news and updates.

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  • MIL-OSI USA: Rep. Castor, Sen. Luján Introduce Legislation to Expand Access to Affordable, Clean Solar Energy

    Source: United States House of Representatives – Reprepsentative Kathy Castor (FL14)

    WASHINGTON, D.C. – Today, U.S. Rep. Kathy Castor (FL-14) introduced legislation to expand a Department of Energy initiative that encourages community solar projects nationwide and increase accessibility to energy produced by lower-cost solar power. The Community Solar Consumer Choice Act of 2025 will increase access to solar energy throughout the Tampa Bay area for all residents, regardless of their income. Sen. Ben Ray Luján (NM) has introduced companion legislation in the U.S. Senate.

    “Clean, affordable energy should be within reach for everyone—especially in Florida, the Sunshine State. Unfortunately, nearly half of all households and businesses can’t install rooftop solar because they rent, share buildings or can’t afford the upfront costs.

    “That’s where community solar comes in. It allows neighbors to share the benefits of nearby solar projects—saving them money on their electric bills without needing solar panels on their own roof.

    “This bill helps expand these initiatives, especially for working families. It supports states and local governments, creates jobs, and helps cut harmful pollution. By boosting access to shared solar energy and investing in storage, each community solar project creates $14 million in local economic investment and over 90 jobs.

    “I’m proud to stand with my Congressional partners and dedicated advocates in fighting for a cleaner, healthier and more affordable energy future for all,” said Rep. Castor.

    “As the climate crisis intensifies and Republican lawmakers push to cut clean energy funding, fighting for practical solutions like community solar is more critical than ever,” said Sen. Luján. “I’m proud to reintroduce the Community Solar Consumer Choice Act to expand access to solar power through community solar projects for all Americans and create more good-paying, clean energy jobs. This bill is a step forward in combating the climate crisis, and I look forward to working with Representative Castor to get this bill passed.”

    A full list of supporting quotes can be found here.

    House Cosponsors: Reps. Yassamin Ansari (AZ-03), Nanette Barragán (CA-44), Suzanne Bonamici (OR-01), Julia Brownley (CA-26), Adriano Espaillat (NY-13), Jared Huffman (CA-02), Raja Krishnamoorthi (IL-08), Doris Matsui (CA-07), Eleanor Holmes Norton (DC), and Paul Tonko (NY-21).

    Supporting Organizations: Coalition for Community Solar Access, Evergreen Action, GreenLatinos, League of Conservation Voters, Moms Clean Air Force, Natural Resources Defense Council, New Mexico Climate Investment Center, Sierra Club, Solar Energy Industries Association, WE ACT for Environmental Justice

    View the legislative text here.

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: HKMA and AIIB partner to support emerging Asia venture capital (with photo)

    Source: Hong Kong Government special administrative region – 4

    The following is issued on behalf of the Hong Kong Monetary Authority:
     
    The Hong Kong Monetary Authority (HKMA) and the Asian Infrastructure Investment Bank (AIIB) today (June 26) signed a partnership agreement to support venture capital (VC) in emerging Asia, marking a new milestone in deepening the ties and collaboration between the two institutions.

    Under the partnership, the HKMA and the AIIB will collaborate closely to invest in a portfolio of VC funds that prioritise investments across emerging markets in Asia. The HKMA and the AIIB aim to jointly support the development of innovative technologies and business models for green and technology-enabled infrastructure in Asia’s emerging economies, while promoting Hong Kong’s established ecosystem for VCs and innovators across the region.

         The Financial Secretary of the Hong Kong Special Administrative Region Government, Mr Paul Chan, said, “Energy transition and infrastructure development of the Global South require substantial financial investment and support from technological applications in various fields. This collaboration combines and leverages the HKMA’s and the AIIB’s knowledge, experience, networks, and strengths. It supports emerging Asian economies in accelerating their development towards more prosperous and inclusive growth through innovation and technology. Additionally, it aids in building a more vibrant venture capital and innovation ecosystem within the region and further reinforces Hong Kong’s status as an international financial, innovation and technology centre.”

         The Chief Executive of the HKMA, Mr Eddie Yue, said, “As a leading innovation technology hub, as well as a green finance hub in Asia, Hong Kong has been a staunch supporter of innovation and sustainable investment. We are pleased to join hands with the AIIB, which enables the HKMA to tap into its extensive expertise and network in sourcing investable opportunities in emerging Asia with a proper risk management and governance framework. We believe this strategic partnership will provide a demonstration effect on the scaling of capital for emerging Asia’s innovators.”

         The President of the AIIB, Mr Jin Liqun, said, “Hong Kong, China is a valued member of the AIIB and has played a pivotal role in the Bank’s growth, including through its leading global financial centre. The strategic partnership with the HKMA further deepens this relationship. By bringing together our respective strengths and expertise, the partnership will help mobilise capital for infrastructure, foster innovation, and accelerate the transition toward a sustainable and prosperous future across Asia.”
     
    About HKMA

    The HKMA is Hong Kong’s central banking institution. The HKMA’s four main functions are: (i) maintaining currency stability within the framework of the Linked Exchange Rate System; (ii) promoting the stability and integrity of the financial system, including the banking system; (iii) helping to maintain Hong Kong’s status as an international financial centre, including the maintenance and development of Hong Kong’s financial infrastructure; and (iv) managing the Exchange Fund.
     
    About AIIB

         The Asian Infrastructure Investment Bank is a multilateral development bank dedicated to financing “infrastructure for tomorrow,” with sustainability at its core. The AIIB began operations in 2016, now has 110 approved members worldwide, is capitalised at US$100 billion and is AAA-rated by major international credit rating agencies. The AIIB collaborates with partners to mobilise capital and invest in infrastructure and other productive sectors that foster sustainable economic development and enhance regional connectivity. 

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  • MIL-OSI Security: Federal Prison Inmates Sentenced for the Death of Fellow Inmate

    Source: Office of United States Attorneys

    DENVER – The U.S. Attorney’s Office for the District of Colorado announces that Jonathan Guillory, 45, and Anthony Bell, 44, both federal inmates at the U.S. Penitentiary-Florence, Administrative Maximum Facility (ADX) in Florence, Colorado, were sentenced for their roles in the death of a fellow inmate.

    According to the plea agreements, on December 6, 2021, a violent altercation occurred inside a cell at ADX involving Guillory and the victim. During the confrontation, Guillory repeatedly stabbed the victim with a homemade weapon, including a fatal wound to the base of the throat. While the assault unfolded, Bell exited the cell and deliberately held the door shut, preventing the victim from escaping or receiving assistance.

    Guillory was sentenced to 88 months for voluntary manslaughter and Bell was sentenced to 27 months for involuntary manslaughter.

    “This case underscores our unwavering commitment to safety within the federal prison system,” said United States Attorney Peter McNeilly. “Acts of violence, even behind bars, will be met with serious consequences. These defendants now face significant additional time to reflect on the gravity of their actions and the reach of the law.”

    “The FBI does not give felons a free pass to commit crimes because they are already serving federal time,” said FBI Denver Special Agent in Charge Mark Michalek. “Violence behind bars – whether committed against prison staff or fellow inmates – brings consequences, as this case demonstrates.”

    United States District Judge Regina M. Rodriguez sentenced Bell on June 12, 2025, and sentenced Guillory on June 18, 2025.

    This case was investigated by the Federal Bureau of Investigation. The prosecution was handled by the Violent Crime and Immigration Enforcement Section of the U.S. Attorney’s Office.

    Case Number: 1:23-cr-00391-RMR 

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  • MIL-OSI Security: Members of Violent ‘21st and Vietnam’ Crew Sentenced for Fentanyl Trafficking, Shooting

    Source: Office of United States Attorneys

                WASHINGTON –  Jamiek Bassil, 32, and Charles Manson, 34, of the District of Columbia, were sentenced today in U.S. District Court to 135 months in prison and 175 months, respectively, for their roles in the violent 21st and Vietnam drug trafficking conspiracy that distributed fentanyl, crack cocaine, and other drugs in Northeast Washington, D.C., and elsewhere, and, in Manson’s case, for a March 2024 shooting near 19th and I Streets NE. The sentences were announced by U.S. Attorney Jeanine Ferris Pirro.

                Bassil, aka “Onion,” pleaded guilty on March 21, 2025, to conspiracy to distribute 400 grams or more of fentanyl. In addition to the 135-month prison term, Judge Beryl A. Howell ordered Bassil to serve five years of supervised release.

                Manson, aka “Cheese,” pleaded guilty on March 21, 2025, to multiple counts: conspiracy to distribute 40 grams or more of fentanyl, possession of a firearm in furtherance of a drug trafficking crime, and assault with a dangerous weapon. In addition to the 170-month prison term, Judge Howell ordered Manson to serve five years of supervised release.

                According to court documents, Bassil and Manson were members of the “21st and Vietnam” crew, which controlled an open-air drug market and distributed narcotics in the area of the 2100 block of Maryland Avenue, NE.

                Bassil repeatedly sold significant quantities of fentanyl – as much as roughly 80 grams at a time — to undercover law enforcement between January and March 2024.

                Manson sold narcotics directly to customers and was captured on surveillance video engaging in hand-to-hand drug transactions. During the conspiracy, Manson also participated in multiple controlled drug sales to law enforcement.

                In a March 7, 2024, Manson was the gunman in a shooting. Manson was with several co-conspirators adjacent to an apartment building on the 1900 block of I Street that was the base of the conspiracy’s operations. A person walked by with their dog. Members of the crew had a verbal altercation with the dogwalker. Manson then went into the crew’s stash house in the apartment building. A crew member handed Manson a ski mask. Manson exited the apartment building wearing the mask and armed with a gun. Manson fired several rounds in the direction of the dogwalker. Neither the dogwalker nor the dog were hit.

                On May 15, 2024, investigators arrested Manson at his residence on the 1900 block of I Street, NE. Law enforcement recovered a Glock 17 pistol loaded with 22 rounds of 9mm ammunition. They also recovered a handgun magazine, a box of ammunition, about 50 grams of fentanyl analogue, about 13.88 grams of cocaine, and assorted drug paraphernalia.

                This investigation is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) operation. OCDETF identifies, disrupts, and dismantles the highest-level drug traffickers, money launderers, gangs, and transnational criminal organizations that threaten the United States by using a prosecutor-led, intelligence-driven, multi-agency approach that leverages the strengths of federal, state, and local law enforcement agencies against criminal networks.

                This investigation was a multi-agency effort between the Violent Crime Investigations Team of the Violent Crime Suppression Division of the Metropolitan Police Department, the FBI Washington Field Office’s Cross-Border Task Force, the Drug Enforcement Administration’s Washington Division, the District of Columbia National Guard Counter Drug Program, and the Department of Labor Office of Inspector General. This case is being prosecuted by Assistant U.S. Attorneys Andrea Duvall and Solomon Eppel of the Violent Crime Reduction and Narcotics Trafficking Section.

    24cr226

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  • MIL-OSI Security: Former Bullard High School Teacher Charged with Federal Child Exploitation Offenses

    Source: Office of United States Attorneys

    FRESNO, Calif. — A federal grand jury returned a three-count indictment today against Ray Anthony Waller, 37, of Fresno, charging him with sexual exploitation of a child, receipt of child sexual abuse images, and sending obscene material to a minor, Acting U.S. Attorney Michele Beckwith announced.

    According to court documents, between mid-November 2024 and mid-February 2025, Waller communicated with a minor by sending text, voice, and iMessages designed to have the minor create and transmit to Waller images of the victim engaged in sexually explicit conduct. Waller sent obscene images of himself to the victim and convinced the victim to reciprocate with images of the victim engaging in sexually explicit conduct. Waller is currently detained pending trial. A detention hearing to determine his federal custody status has been scheduled for June 30, 2025. Waller has also been charged in Fresno County Superior Court with crimes relating to this conduct.

    This case is the product of an investigation by the Central California Internet Crimes Against Children Task Force, specifically the Fresno Police Department, with assistance from Homeland Security Investigations. Assistant U.S. Attorney David L. Gappa is prosecuting the case.

    If convicted of the sexual exploitation of a minor offense, Waller faces a prison term of between 15 and 30 years and a fine up to $250,000. If convicted for receipt of child sexual abuse images, he faces a prison term of between 5 and 20 years and fine up to $250,000. If convicted for transmitting obscene material to a minor, he faces a prison term of up to 10 years and a fine up to $250,000. Any sentence, however, would be determined at the discretion of the court after consideration of any applicable statutory factors and the Federal Sentencing Guidelines, which take into account a number of variables. The charges are only allegations; the defendant is presumed innocent until and unless proven guilty beyond a reasonable doubt.

    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 those who sexually exploit children, and to identify and rescue victims. For more information about Project Safe Childhood, please visit www.usdoj.gov/psc. Click on the “resources” tab for information about internet-safety education.

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  • MIL-OSI Security: Bennington Man Sentenced to 50 Months for Possessing Bomb

    Source: Office of United States Attorneys

    Burlington, Vermont – The United States Attorney’s Office for the District of Vermont stated that on June 24, 2025, Tyler Hayes, 43, of Bennington, Vermont, was sentenced by United States District Judge Joseph LaPlante to a term of 50 months’ imprisonment to be followed by a 3-year term of supervised release. Hayes was previously convicted by a jury on February 13, 2025, of unlawfully possessing an unregistered bomb and possessing a bomb as an unlawful drug user after a 5-day trial.

    According to court records and evidence presented at trial, a bomb was discovered in Hayes’s former Bennington residence days after he abandoned the property in February of 2023. The property manager contacted law enforcement, who defused the bomb. Witnesses at trial described how Hayes had been discussing and constructing bombs for months, and had offered to trade a bomb for fentanyl. Other witnesses described Hayes making admissions after the bomb was discovered, including that he was “on the run” after a bomb had been found at his residence. An explosives expert from the Bureau of Alcohol, Tobacco, Firearms, and Explosives testified that, although the homemade bomb was rudimentary and simplistic (constructed from a combination of a pipe bomb and flammable liquids stored in plastic water bottles), it was nonetheless capable of causing substantial destruction and injury had it been detonated.

    The jury convicted Hayes of possessing an unregistered destructive device, in violation of the National Firearms Act (“NFA”), and of possessing a destructive device while being an unlawful user of a controlled substance, in violation of the Gun Control Act (“GCA”). Hayes faced up to 10 years in prison on the NFA violation, and up to 15 years on the GCA violation.

    Acting United States Attorney Michael P. Drescher commended the collaborative investigatory efforts of the Bureau of Alcohol, Tobacco, Firearms, and Explosives, Homeland Security Investigations, the Vermont State Police Explosive Ordnance Disposal Unit, and the Bennington Police Department.  

    The case was prosecuted by Assistant U.S. Attorneys Corinne Smith and Nicole Cate. Hayes was represented by James Valente, Esq., and Chandler Matson, Esq.

    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. For more information about Project Safe Neighborhoods, please visit Justice.gov/PSN.

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