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Category: Finance

  • MIL-OSI: XOVR ETF Adds Anduril, Joining SpaceX to Offer Pre-IPO Access

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) — ERShares, the first Crossover ETF that offers retail investors access to Private companies, with SpaceX as its top weight, is ushering in the next generation of investing with a new private equity position in Anduril Industries. Through the XOVR ETF, which primarily invests (85% +) in the US Entrepreneurial Large Cap ER30TR Index, ERShares continues …its pursuit to provide retail investors access to private equity—which we believe offers exposure to high-growth, entrepreneurial companies typically reserved for institutions and high net worth investors, and does so at the same pricing available to those accredited investors.

    XOVR complies with SEC guidelines by keeping private equity exposure under 15%, with over 85% of the portfolio tracking the Entrepreneur 30 Total Return Index (ER30TR)—built on ERShares’ proprietary Entrepreneur model, applied to public markets for more than two decades. Given its weighting, the ER30TR Index drives the majority of XOVR’s return, while the private holdings offer potential upside and added diversification.

    Private equity investments can experience significant price swings—both upward and downward—over extended periods, even if valuations are not marked frequently. Additionally, private equities are inherently less liquid and less transparent than their public counterparts, resulting in higher risk profiles despite comparable market capitalizations.

    As with all investments, public equities can be volatile, though they have historically offered meaningful return potential over time. Private companies may magnify both opportunity and risk, which is why ERShares encourages investors to consult with a qualified financial advisor before making any investment decisions.

    To help manage risk, ERShares applies structured parameters around the size and scope of its private holdings. The due diligence process for these positions mirrors the same rigorous methodology used in constructing the ER30TR Index—adapted for private markets.

    Relaunched on August 29, 2024, XOVR became the first ETF to blend public equities with private equity holdings – potentially delivering diversified, liquid access to both high-growth public companies and elite pre-IPO firms. This ETF Crossover structure helps bridge two previously disconnected markets in one transparent vehicle.

    On May 30, 2025, ERShares initiated a $3M (approx. 1%) investment in Anduril, marking XOVR’s third private equity holding – after SpaceX ($33M, approx. 10%) and Klarna ($2M, less than 1%) – and establishing Anduril as its second-largest private position. The move reflects ERShares’ conviction in companies that sit at the intersection of innovation, national importance, and scalable disruption. The position was selected after extensive internal research and due diligence, consistent with ERShares’ proprietary Venture Capital-style framework for evaluating private and public companies.

    “Our proprietary research model identifies category-defining companies before they go public,” said Dr. Joel Shulman, Founder and CIO of ERShares. “Anduril embodies the deep tech leadership and mission-driven innovation we seek for XOVR.”

    ERShares also recently increased its SpaceX position at $185 per share – matching its previous entries – to reaffirm confidence in the company’s valuation amid market speculation.

    Bridging Public and Private Markets

    “We’re not just following innovation – we’re positioning investors at its source,” said Eva Ados, Chief Investment Strategist at ERShares. “Whether private or public, our focus is on trying to identify the next Magnificent Seven (The “Magnificent 7” currently refers to a group of seven large-cap, high-growth U.S. technology companies: Apple Inc. (AAPL), Microsoft Corporation (MSFT), Alphabet Inc. (GOOGL), Amazon.com, Inc. (AMZN), NVIDIA Corporation (NVDA), Meta Platforms, Inc. (META), and Tesla, Inc. (TSLA))—those rare, transformational companies that have the potential to shape entire decades of innovation and growth.” Anduril Industries: The Next Generation of Defense Technology

    Founded by Palmer Luckey – creator of Oculus and a key early collaborator with Palantir – Anduril Industries represents the next generation of defense technology. Anduril is rapidly becoming foundational to U.S. military modernization initiatives.

    Transparent Valuation Backed by Research

    ERShares uses a structured valuation methodology to price private equity holdings – drawing from tender offers, internal transactions, IPO indicators, and comparables – to help ensure pricing is fair, consistent, and market-aware. This framework helps protect investors while maintaining daily liquidity and regulatory compliance.

    Investing in the Future – Before the IPO

    With positions in SpaceX, Klarna, and now Anduril, XOVR remains the only ETF offering diversified access to potentially high growth private companies alongside expanding public innovators. The fund allows investors to participate in the potential next wave of value creation – before it goes public.

    “We built XOVR to give retail investors access to leading private companies at the critical pre-IPO stage,” added Dr. Shulman. “It is time they participate in the value creation that was once reserved only for institutions and accredited investors.”

    Past performance is no guarantee of future results, please refer to the disclosures below for important risk information: https://entrepreneurshares.com/disclosures/

    All investing involves risk, including potential loss of principal.

    Distributed by Vigilant Distributors LLC.

    Media Contact: info@ershares.com

    The MIL Network –

  • MIL-OSI USA: June 6th, 2025 Heinrich, Luján Slam Trump Administration for Illegally Gutting Agency Dedicated to Growing Local Businesses

    US Senate News:

    Source: United States Senator for New Mexico Martin Heinrich

    Amid Commerce Department’s stonewalling, senators ask GAO to investigate if Trump officials violated the law or engaged in misconduct & what officials are doing with funding Congress appropriated to serve minority enterprises & create jobs

    WASHINGTON — U.S. Senators Martin Heinrich (D-N.M.) and Ben Ray Luján (D-N.M.), a member of the Senate Commerce Committee, joined U.S. Senators Maria Cantwell (D-Wash.), Tammy Baldwin (D-Wis.), Lisa Blunt Rochester (D-Del.), and Ed Markey (D-Mass.) to slam the Trump Administration for its illegal dismantling of the Minority Business Development Agency (MBDA). The senators asked the U.S. Government Accountability Office (GAO) to investigate whether actions by Trump Commerce Department officials or others in the Administration violated Congressional directives, the extent to which they undermined MBDA’s Congressional mandate, and whether any officials have engaged in misconduct.

    “On May 2, 2025, the White House released its recommendations on discretionary funding levels for fiscal year (FY) 2026, which expressly acknowledge that the Commerce Department under Secretary Howard Lutnick has ‘fully eliminated’ the MBDA,” the senators wrote in a letter to GAO Comptroller General Gene Dodaro. “Prior to this admission, my colleagues and I repeatedly raised concerns about the Department’s efforts to dismantle the MBDA unilaterally, particularly given Secretary Lutnick’s clear testimony during his confirmation hearing stating he did not support dismantling the agency. We sent multiple letters to Secretary Lutnick and the Department seeking basic information about the current state of the MBDA. To date, the Department has failed to substantively respond to any of our requests, and it is becoming increasingly clear that Department leadership is not taking these concerns seriously.”

    The senators have raised concerns and demanded accountability and answers from the Trump Administration since the president issued his unlawful executive order. This letter follows a letter the senators wrote to Keith Sonderling, Acting Under Secretary for MBDA, demanding the Trump Administration detail its compliance with a May 13 federal court injunction ordering it to stop the illegal dismantling of the agency and reinstate its personnel and grantmaking capacities. The senators previously sent a May 1, 2025 inquiry to Sonderling to demand he promptly turn over key documents and information related to the dismantling of the MBDA and recent funding termination notices sent to all grantees by DOGE. On June 3, the senators also sent a letter to the Government Accountability Office (GAO) requesting that they investigate whether actions by Trump Commerce Department officials or others in the Administration violated congressional directives, the extent to which they undermined MBDA’s congressional mandate and whether any officials have engaged in misconduct.

    In October 2024, Heinrich led the unveiling of a new, larger office space for the New Mexico Minority Business Development Center in Albuquerque to expand support for local businesses across the state as they create the types of careers New Mexicans can build their families around. Heinrich wrote the legislative provision that established and funded the New Mexico Business Center in 2020, securing more than $2.5 million in federal resources through the U.S. Department of Commerce’s Minority Business Development Agency for its staffing and programming.

    In May, during the Senate Commerce hearing on the nomination of Paul Dabbar to be U.S. Deputy Secretary of Commerce, Luján pressed Mr. Dabbar on the dismantling of the MBDA by the Trump Administration and highlighted the successes of the MBDA. Luján championed an amendment in the Bipartisan Infrastructure Law to make the MBDA permanent. He also secured passage of a provision to double the funding level for the MBDA’s Rural Business Development Center Program and to expand this program’s eligibility to include all Minority-Serving Institutions, which will expand opportunities for New Mexico’s colleges and universities. Additionally, in 2021, Luján championed legislation to make permanent and expand the reach of the Minority Business Development Agency.

    The text of the letter can be found HERE and below:

    Comptroller General Dodaro:

    We write to request that the Government Accountability Office (GAO) conduct a review of the actions taken by the Trump Administration to dismantle the Minority Business Development Agency (MBDA), despite Congress statutorily authorizing the agency and appropriating funding to further its mission. A robust investigation by GAO would help shed light on whether officials at the Department of Commerce (Department) or elsewhere in the Administration circumvented the directives of Congress, the extent to which the MBDA’s ability to administer its grants and combat potential fraud has been undermined, and whether any officials have engaged in misconduct.

    On May 2, 2025, the White House released its recommendations on discretionary funding levels for fiscal year (FY) 2026, which expressly acknowledge that the Commerce Department under Secretary Howard Lutnick has “fully eliminated” the MBDA. Prior to this admission, my colleagues and I repeatedly raised concerns about the Department’s efforts to dismantle the MBDA unilaterally, particularly given Secretary Lutnick’s clear testimony during his confirmation hearing stating he did not support dismantling the agency. We sent multiple letters to Secretary Lutnick and the Department seeking basic information about the current state of the MBDA. To date, the Department has failed to substantively respond to any of our requests, and it is becoming increasingly clear that Department leadership is not taking these concerns seriously.

    The MBDA was created by Executive Order in 1969. In 2021, Congress statutorily authorized the MBDA in bipartisan legislation, the Minority Business Development Act of 2021 (MBDA Act), which was enacted as part of the Infrastructure Investment and Jobs Act. In so doing, Congress directed the MBDA to, among other things, “enable the Federal Government to better serve the needs of minority business enterprises.” The bipartisan law also established a new Senate-confirmed position to lead the agency. By making the MBDA and its programs permanent, Congress made a deliberate decision to promote job creation, spur innovation, and support business owners from a variety of backgrounds.

    Last Congress, the Congress funded the MBDA pursuant to the Consolidated Appropriations Act, 2024, which contained a $68.25 million appropriation for the “necessary expenses of the Minority Business Development Agency in fostering, promoting, and developing minority business enterprises, as authorized by law.” These investments have paid significant dividends: In FY 2024 alone, the MBDA helped the country’s more than 12 million minority businesses access over $1.5 billion in capital and create or retain approximately 23,000 jobs. That same level of funding has been appropriated through the Full-Year Continuing Appropriations and Extensions Act, 2025 (P.L. 119-4).

    Despite Congress’s clear statutory directive, on March 14, 2025, President Trump issued an Executive Order effectively eliminating the MBDA and certain other federal entities. In so doing, the Executive Order called for the head of the MBDA to submit a report to the Office of Management and Budget within seven days “confirming full compliance with this order and explaining which components or functions of the governmental entity, if any, are statutorily required and to what extent.” In the weeks that followed, the Trump Administration has unilaterally dismantled the MBDA—terminating effectively all its staff, canceling its grant programs, and removing its signage from the Department.

    As part of these efforts, our offices reviewed a funding termination notice that was sent to an MBDA grantee by a member of Elon Musk’s so-called Department of Government Efficiency (DOGE) named Nate Cavanaugh, who was purportedly acting “Under the Authority of Keith Sonderling, Acting Undersecretary of MBDA.” In the notice, the Department claims the grant is being terminated because it “is unfortunately no longer consistent with the agency’s priorities and no longer serves the interests of the United States and the MBDA Program.” The termination notice further states that “MBDA is repurposing its funding allocations in a new direction in furtherance of the President’s agenda.” The notice is silent about why the grants are inconsistent with the MBDA’s priorities and programs, which Congress, not the Department, set by statute. And the notice also suggests that the Department of Commerce or others in the Administration may be using funding appropriated for the MBDA for other, unrelated purposes.

    Fortunately, on May 13, 2025, a federal district court issued a Preliminary Injunction requiring the Trump Administration to reverse its actions to eliminate the MBDA, including by restoring agency employees to their status prior to the Executive Order issued on March 14, 2025. However, the Trump Administration quickly appealed this order, making clear it intends to continue pursuing its efforts to fully eliminate the MBDA notwithstanding Congress’s clear directives.

    It is essential that Congress and the public understand how the Trump Administration’s recent actions have affected the MBDA’s ability to carry out its statutory mission and obligations and to understand how funds appropriated to the MBDA are being used. Therefore, we are requesting your assistance to investigate activities that have occurred at MBDA since January 20, 2025, and report on the following:

    1. A detailed review of all actions taken by the Department of Commerce, including any acting leadership, to “fully eliminate” or otherwise dismantle the MBDA, including any efforts to pause or halt MBDA work functions, lower or eliminate the agency’s budget, or otherwise reduce the resources available to MBDA to complete its work.
    1. A detailed review of all actions taken by the any member of DOGE, including any volunteers, special government employees, contractors, or Department employees affiliated with DOGE, to “fully eliminate” or otherwise dismantle the MBDA, including any efforts to pause or halt MBDA work functions, lower or eliminate the agency’s budget, or otherwise reduce the resources available to MBDA to complete its work.
    1. A detailed review of actions taken by the Department of Commerce, including MBDA leadership and acting leadership, to pause, halt, or terminate any grants or funding that were administered or approved by the MBDA as of January 20, 2025. Please include information on the involvement of DOGE or DOGE-affiliated employees, including any volunteers, special government employees, and contractors, in decisions to pause, halt, or terminate MBDA grants or funding.
    1. A detailed review of the status of all MBDA grants, including:
      1. The extent to which grants have been terminated or funds continue to be disbursed;
      2. A description of the types of funded activities that are considered “consistent with the agency’s priorities” and that “serve the interests of the MBDA program”; and
      3. A detailed explanation of how the MBDA intends to repurpose its funding allocations in a new direction in furtherance of the President’s agenda, including any specific program or activity that has received or is expected to receive repurposed funding.
    1. A detailed review of actions taken by the Department of Commerce, including MBDA leadership and acting leadership, to reduce the MBDA’s workforce after January 20, 2025. Please include information on the involvement of DOGE or DOGE-affiliated employees, including any volunteers, special government employees, and contractors, in decisions to reduce the MBDA’s workforce.
    1. A detailed review of the effects of recent Department of Commerce and DOGE actions on:
      1. The operations of the MBDA’s statutorily created offices, how responsibilities are being allocated to any remaining staff, and the status of physical office space; and
      2. The ability of the agency to fulfill its statutorily required functions under the Minority Business Development Act of 2021 (Division K of the Infrastructure and Investment and Jobs Act, Pub. L. 117-58), including but not limited to:

                                                                  i.      The MBDA’s statutory responsibilities for private and public sector development;

                                                               ii.      The MBDA’s efforts to conduct research and provide outreach and educational services;

                                                             iii.      The operation of the MBDA’s Business Center Program, Rural Minority Business Center Program, and the national network of public-private partnerships;

                                                             iv.      The administration of the minority business development grants program;

                                                                v.      The functioning of the Minority Business Enterprises Advisory Council; and

                                                             vi.      The extent to which the Administration’s actions regarding MBDA are consistent with the statutory obligations under the Minority Business Development Act of 2021.

                          c. The ability of the agency to effectively administer its current grants, detect and prevent potential fraud in its programs, and cooperate with any investigations into potential fraud or other wrongdoing. 

    1. A detailed review of the Commerce Department’s or MBDA’s development and implementation of plans to reorganize, restructure, or eliminate the MBDA’s work, and how these plans may affect the Administration’s ability to meet its statutory responsibilities, including a review of which “components or functions” of the MBDA the Trump Administration found to be “statutorily required and to what extent,” pursuant to President Trump’s March 14, 2025, Executive Order on “Continuing the Reduction of the Federal Bureaucracy.”

    MIL OSI USA News –

  • MIL-OSI Canada: Alberta is ready for its close-up! | L’Alberta est prête pour son gros plan!

    Now in its 46th year, Alberta’s government is solidifying its ongoing support for the Banff World Media Festival as a key platform to showcase Alberta’s state-of-the-art studios, competitive production incentives, beautiful landscapes and skilled talent to the world.

    Alberta’s government is proud to invest in the future of the provincial film industry with more than $1 million, over three years, in sponsorship support for the Banff World Media Festival. The funding is part of the government’s continued commitment to creating jobs, attracting investment and growing cultural industries across Alberta, including film, television and music.

    “Our film and television industry is a creative force and a major contributor to Alberta’s economy. By continuing to invest in the Banff World Media Festival, we bring global industry leaders right to Alberta’s doorstep, giving the world a front-row seat to everything that makes our province a top-tier destination for film and television production.”

    Tanya Fir, Minister of Arts, Culture and Status of Women

    The Banff World Media Festival welcomes to Alberta almost 1,600 key industry representatives from over 50 countries, all set against the breathtaking backdrop of Banff National Park.

    It opens doors for Alberta creators to connect with global partners and investors. Building on last year’s success, the Alberta “Fill Yer Boots” Music Showcase returns to shine a spotlight on Alberta’s talented homegrown musicians and highlight more opportunities to feature local music in film and television productions.

    “We are incredibly grateful for the Government of Alberta’s continued investment in the Banff World Media Festival. This support strengthens our ability to convene global industry leaders in Alberta, foster creative and economic partnerships, and spotlight the province’s world-class talent, locations and production capabilities on an international stage.”

    Jenn Kuzmyk, executive director, Banff World Media Festival

    “This funding is a meaningful commitment to the future of Canada’s and Alberta’s screen industries. The Banff World Media Festival is a vital platform where global deal making, talent discovery and innovation thrive. Alberta’s support ensures the festival continues to deliver economic and creative impact across the province and around the world.”

    Sean Cohan, chair of the board, Banff Television Festival

    Previous investment in the film and television industry has already put Alberta centre stage, capturing global attention with several high-profile productions. With over sixty per cent of all Alberta-made projects filmed or planning to film in small cities, towns and rural locations across the province, investment in this growing industry is boosting the economy in every corner of Alberta.

    “Alberta has a growing film and television industry that is putting our talent and landscapes on the big screen for the world to see. Our government continues to prioritize increased jobs, investment and economic diversification, which we are achieving in part through film and television. To all those attending this year’s Banff World Media Festival, thank you for helping put Alberta on the map.”

    Joseph Schow, Minister for Jobs, Economy, Trade and Immigration

    Quick facts

    • The Banff World Media Festival runs from June 8 to 11, 2025.
    • The Government of Alberta has been a primary sponsor of the Banff World Media Festival since its inception in 1979.
    • Thanks to incentives like the Alberta Media Fund and the Film and Television Tax Credit, Alberta has been home to 337 film and television productions since 2020.
    • Every dollar of government support towards film and television production generates four dollars of investment back into the province.
    • To date, almost one-third of all productions participating in the Film and Television Tax Credit program did their filming in rural Alberta.

    Related information

    • Alberta Film Commission

    Related news

    • Lights, camera, Alberta! Boosting cultural industries | Lumières, caméra, Alberta! Stimuler les industries culturelles (April 16, 2025)
    • Movie star treatment for Alberta screen producers | Traitement de vedette pour les producteurs de l’Alberta (Sept. 18, 2024)
    • Lights, camera, action for film and television (June 7, 2024)
    • Investing in more chapters of Alberta’s stories | Investir dans d’autres chapitres des histoires albertaines (April 23, 2024)

    Le gouvernement de l’Alberta contribue à réunir des chefs de file du cinéma et de la télévision, des créateurs et des investisseurs du monde entier au Festival mondial des médias de Banff.

    Le gouvernement de l’Alberta renforce son soutien continu au Festival mondial des médias de Banff, qui en est à sa 46e année d’existence. Le Festival constitue une plateforme essentielle pour présenter au monde entier les studios ultramodernes, les incitatifs à la production concurrentiels, les paysages magnifiques et la richesse des talents de la province.

    Le gouvernement de l’Alberta est fier d’investir dans l’avenir de l’industrie cinématographique provinciale en affectant plus d’un million de dollars, sur trois ans, au parrainage du Festival mondial des médias de Banff. Ce financement s’inscrit dans le cadre de l’engagement continu du gouvernement à créer des emplois, à attirer des investissements et à développer les industries culturelles de l’Alberta, notamment le cinéma, la télévision et la musique.

    « Notre industrie cinématographique et télévisuelle est une force créatrice et une contributrice majeure à l’économie de l’Alberta. En continuant d’investir dans le Festival mondial des médias de Banff, nous invitons les chefs de file de l’industrie à découvrir l’Alberta et offrons ainsi au monde entier une place de choix pour se familiariser avec tout ce qui fait de notre province une destination de premier plan pour la production cinématographique et télévisuelle. »

    Tanya Fir, ministre des Arts, de la Culture et de la Condition féminine

    Le Festival mondial des médias de Banff accueille en Alberta près de 1 600 représentants clés de l’industrie venus de plus de 50 pays, dans le cadre époustouflant du parc national Banff.

    Il permet aux créateurs albertains d’entrer en contact avec des partenaires et des investisseurs du monde entier. Forte du succès de l’année dernière, la vitrine musicale albertaine « Fill Yer Boots » est de retour pour attirer l’attention des participants sur les talentueux musiciens albertains et multiplier les occasions de mettre en valeur la musique locale dans les productions cinématographiques et télévisuelles.

    « Nous sommes extrêmement reconnaissants au gouvernement de l’Alberta pour son investissement continu dans le Festival mondial des médias de Banff. Ce soutien renforce notre capacité à réunir les chefs de file de l’industrie mondiale en Alberta, à favoriser les partenariats créatifs et économiques et à mettre en avant les talents, les sites et les capacités de production de calibre mondiale de la province sur la scène internationale. »

    Jenn Kuzmyk, directrice générale, Festival mondial des médias de Banff

    « Ce financement constitue un engagement important envers l’avenir des industries cinématographiques du Canada et de l’Alberta. Le Festival mondial des médias de Banff est une plateforme essentielle qui permet de conclure des accords à l’échelle mondiale, de découvrir des talents et d’innover. Le soutien de l’Alberta permet au festival de continuer à avoir des retombées économiques et créatives dans la province et dans le monde entier. »

    Sean Cohan, président du conseil d’administration du Festival de télévision de Banff

    Les investissements antérieurs dans l’industrie du cinéma et de la télévision ont déjà permis à l’Alberta d’occuper le devant de la scène et d’attirer l’attention du monde entier grâce à plusieurs productions de premier plan. Plus de 60 % de tous les projets réalisés en Alberta ont été tournés ou prévoient de l’être dans des petites villes, des villages et des zones rurales de la province; l’investissement dans cette industrie en plein essor stimule ainsi l’économie dans tous les coins de la province.

    « L’Alberta possède une industrie cinématographique et télévisuelle en plein essor qui met nos talents et nos paysages sur le grand écran pour que le monde entier puisse les voir. Notre gouvernement continue d’accorder la priorité à la création d’emplois, à l’investissement et à la diversification économique, ce que nous réalisons en partie grâce au cinéma et à la télévision. Je remercie tous les participantes et participants au Festival mondial des médias de Banff de contribuer à faire connaître l’Alberta. »

    Joseph Schow, ministre de l’Emploi, de l’Économie, du Commerce et de l’Immigration

    En bref

    • Le Festival mondial des médias de Banff se déroule du 8 au 11 juin 2025.
    • Le gouvernement de l’Alberta est l’un des principaux commanditaires du Festival mondial des médias de Banff depuis sa création en 1979.
    • Grâce à des mesures incitatives telles que le Fonds des médias de l’Alberta (Alberta Media Fund) et le crédit d’impôt pour le cinéma et la télévision, l’Alberta a accueilli 337 productions cinématographiques et télévisuelles depuis 2020.
    • Chaque dollar d’aide gouvernementale à la production cinématographique et télévisuelle génère quatre dollars d’investissement dans la province.
    • À ce jour, près d’un tiers de toutes les productions participant au programme de crédit d’impôt pour le cinéma et la télévision ont été tournées dans les régions rurales de l’Alberta.

    Renseignements connexes (en anglais seulement)

    • Alberta Film Commission

    Nouvelles connexes

    • Lumières, caméra, Alberta! Stimuler les industries culturelles | Lights, camera, Alberta! Boosting cultural industries (16 avril 2025)
    • Traitement de vedette pour les producteurs de l’Alberta | Movie star treatment for Alberta screen producers (18 septembre 2024)
    • Lights, camera, action for film and television (Lumière, caméra, action pour le cinéma et la télévision) (7 juin 2024; en anglais seulement)
    • Investir dans d’autres chapitres des histoires albertaines | Investing in more chapters of Alberta’s stories (23 avril 2024)

    MIL OSI Canada News –

  • MIL-OSI USA: Murkowski, King Reintroduce Legislation to Help Coastal Workforce, Fisheries, and Infrastructure

    US Senate News:

    Source: United States Senator for Alaska Lisa Murkowski

    06.06.25

    Washington, D.C. – Today, U.S. Senators Lisa Murkowski (R-AK) and Angus King (I-ME), reintroduced the Working Waterfronts Act, legislation which includes more than a dozen provisions aimed at boosting the workforce, energy and shoreside infrastructure, food security, and economies of coastal communities in Alaska and across the country. The bill will also support efforts to mitigate the impacts of climate change on coastal communities and strengthen federal conservation research projects.

    In October 2022, Senator Murkowski began soliciting feedback from Alaskans to help draft the Working Waterfronts legislation. After a two-year period of close collaboration with stakeholders and colleagues in the Senate, she introduced the legislation for the first time in February of 2024.

    “One of my priorities this Congress was reintroducing the Working Waterfronts Act, a comprehensive and collective effort to harness the potential of the blue economy for Alaska’s coastal communities,” said Senator Murkowski. “With 66,000 miles of coastline, it is vital Alaska strengthens our shoreside infrastructure and supports workforce development to ensure the sustainability and growth of our fisheries, tourism, and mariculture sectors. This legislation will provide essential resources for alternative energy initiatives, improve community processing facilities, and promote safety and wellness in the maritime workforce. Together, we can build a resilient future for our coastal communities while addressing climate change and preserving our precious marine ecosystems.”

    “Maine’s coastal communities are changing. From a warming climate to an evolving economy, the Gulf of Maine faces both historic opportunities and challenges that will define our state’s success for generations,” said Senator King. “The Working Waterfronts Act would provide Maine’s working waterfronts up and down the coast with the necessary financial, energy and infrastructure resources to adapt to the rapidly shifting dynamics of natural disasters affecting economic and tourism operations. It would also help support the necessary workforce to sustain our coastal businesses. Thanks to my colleagues for working with me to ensure our waterfronts have the necessary tools and resources to thrive for years to come.”

    “The Alaska Seafood Marketing Institute (ASMI) thanks Senator Murkowski for her continued efforts to support Alaska’s commercial fishing industry, which provides tens of thousands of jobs and billions of dollars in economic impact across the state. The Working Waterfronts Act would make impactful changes that are needed now, such as expanding access for fishermen and processors to USDA loans, grants for improving waterfront infrastructure that benefit commercial fishermen, and creating a new program to improve maritime workforce development. These changes, along with many others in the Act, provide needed help the Alaska seafood industry, a critical pillar of Alaska’s economy,” said Greg Smith, Communications Director at the Alaska Seafood Marketing Institute (ASMI).

    “Senator Murkowski’s Working Waterfronts Act highlights the key priorities vital to the future of Alaska’s seafood industry. From modernizing infrastructure to building a resilient workforce and supporting innovation, this bill addresses the real challenges facing our coastal communities. We’re proud to support this effort and stand with Senator Murkowski in securing a strong future for Alaska’s working waterfronts,” said Kristy Clement, CEO of Alaska Fisheries Development Foundation.

    “Senator Murkowski’s Working Waterfronts Act is a comprehensive bill that invests in the modernization of our vital working waterfronts and the resiliency and success of our fishing and seafood industries,” said Robert Vandermark, executive director of the Marine Fish Conservation Network. “This bill champions crucial improvements to shoreside facilities and infrastructure that support thriving coastal economies and promotes the development of a stronger future workforce to ensure American fishing traditions can continue for generations. This legislation also supports research and stewardship of economically important ocean ecosystems and fisheries to help them endure in a changing climate. The Network supports the Working Waterfronts Act and thanks Senator Murkowski for listening to the needs of our fishing communities and providing a foresighted path to support their businesses and ways of life.”

    “The seafood industry has always been a critical part of the Blue Economy, even before the phrase was coined.  Alaska’s seafood industry produces an economic impact of $15 billion in the U.S. annually.  Senator Murkowski’s wholistic approach to a thriving waterfront is visionary.  The Working Waterfront Act supports and expands access to critical infrastructure and resources upon which the seafood industry relies.  Specific to seafood harvesting and processing, the Working Waterfront Act incentives co-investment by providing access to USDA loan programs which will help American fishermen and processors compete with other countries – an excellent example of good domestic economic policy,” Julie Decker, President, Pacific Seafood Processors Association.

    Bill Highlights:

    Investing in Energy and Shoreside Infrastructure

    • Tax Credits for Marine Energy Projects supports projects that produce electricity from waves, tides, and ocean currents.
    • Fishing Vessel Alternative Fuels Pilot Program provides resources to help transition fishing vessels from diesel to alternative fuel sources such as electric or hybrid, and funds research and development of alternative fuel technologies for fishing vessels.
    • Rural Coastal Community Processing and Cold Storage Grant increases support for community infrastructure such as cold storage, cooperative processing facilities, and mariculture/seaweed processing facilities by establishing a competitive grant program through the Department of Commerce for rural and small-scale projects.
    • Working Waterfronts Development Act establishes a grant program for infrastructure improvements for facilities benefitting commercial and recreational fishermen, mariculturists, and the boatbuilding industry.

    Boosting Maritime Workforce Development and Blue Economy

    • Maritime Workforce Grant Program establishes a Maritime Workforce Grant Program, directing the Maritime Administrator to award competitive grants supporting entities engaged in recruiting, educating, or training the maritime workforce.
    • Fishing Industry Safety, Health, and Wellness Improvement (FISH Wellness) Act expands the Coast Guard and CDC’s National Institute for Occupational Safety and Health (NIOSH) Fishing Safety Research and Training (FRST) Grant Program to include projects supporting behavioral health in addition to the projects currently supported dedicated to occupational safety research and training.
    • Ocean Regional Opportunity and Innovation Act establishes at least one ocean innovation cluster in each of the five domestic NOAA Fisheries regions, as well as the Great Lakes and Gulf of Mexico regions. The ocean cluster model fosters collaboration between different sectors – including public, private, and academic – within a geographic region to promote economic growth and sustainability in the Blue Economy.

    Supporting Sustainable and Resilient Ecosystems

    • Coastal Communities Ocean Acidification Act enhances collaboration on ocean acidification research and monitoring through ongoing mechanisms for stakeholder engagement on necessary research and monitoring. This provision would also establish two Advisory Board seats for representatives from Indian Tribes, Native Hawaiian organizations, Tribal organizations, and Tribal consortia affected by ocean acidification and coastal acidification.
    • Vegetated Coastal Ecosystem Inventory establishes an interagency working group for the creation and maintenance of a comprehensive national map and inventory detailing vegetated coastal and Great Lakes ecosystems. This inventory encompasses habitat types, species, ecosystem conditions, ownership, protected status, size, salinity and tidal boundaries, carbon sequestration potential, and impacts of climate change.
    • Marine Invasive Species Research and Monitoring provides resources and tools to mitigate the impact of invasive species and help limit their spread by authorizing research and monitoring grants for local, Tribal, and regional marine invasive prevention work. This includes training, outreach, and equipment for early detection and response to invasions.

    MIL OSI USA News –

  • MIL-OSI Canada: Dene and Métis people of Tulita District the focus of a new $16.5M Office and Cultural Centre for Nááts’įhch’oh National Park Reserve 

    Source: Government of Canada News (2)

    June 6, 2025                                Tulita, NT                                     Parks Canada

    The Government of Canada is committed to creating economic opportunities and benefits for Indigenous communities and protecting naturally and culturally treasured places in Canada, including through the advancement of infrastructure projects and impact and benefit plans.

    Today, the Honourable Rebecca Alty, Minister of Crown-Indigenous Relations, on behalf of the Minister responsible for Parks Canada, the Honourable Steven Guilbeault, Minister of Canadian Identity and Culture and Minister responsible for Official Languages, announced a $16.5 million investment under Parks Canada’s National Park Establishment program to advance construction of a new office and cultural centre for the Nááts’įhch’oh National Park Reserve in Northwest Territories. Construction of this landmark building fulfills a commitment in the Nááts’įhch’oh National Park Reserve Impact and Benefit Plan, will include a cultural centre exhibition, and will serve as Parks Canada’s primary operations base for the park reserve. 

    The ground-breaking event coincided with Tulita community’s annual “Fire Day,” which commemorates the devastating 1995 wildfire, also celebrated community collaboration, cultural leadership, and shared stewardship. Indigenous and community members from Tulita and Norman Wells gathered to speak of the cultural and regional significance of this long-anticipated milestone.  The office and cultural centre will be a place for connection and cultural discovery, provide a space for community members to gather, facilitate meaningful visitor experiences, welcome Mackenzie River paddlers, and to share the rich history of the Sahtu Dene and Métis. The building will also house Parks Canada’s operational facility, where local staff will work to protect, present and celebrate the natural and cultural heritage of Nááts’įhch’oh National Park Reserve.

    Investments in infrastructure, like the Nááts’įhch’oh National Park Reserve office and culture centre project, benefit the community of Tulita by growing local economic development, boosting the tourism sector, and driving job creation. Infrastructure improvements in the Nááts’įhch’oh National Park Reserve will deliver high-quality and meaningful experiences are for visitors and community members alike to connect with and discover the natural and cultural heritage of the Sahtu region and underscores the federal government’s commitment to northern communities and Indigenous partners.

                                                                                                      -30-

    MIL OSI Canada News –

  • MIL-OSI Canada: Canada extends support to Ukraine by waiving tariffs on goods

    Source: Government of Canada News (2)

    June 6, 2025 – Ottawa, Ontario – Department of Finance Canada

    Last month in Banff, Alberta, G7 Finance Ministers and Central Bank Governors unanimously reaffirmed their unwavering support for Ukraine.

    Building upon this consensus, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, today announced that Canada will extend the Ukraine Goods Remission Order until June 9, 2026.

    Canada is continuing to support Ukraine’s economy with a one-year extension on tariff-free importation of Ukrainian goods into Canada.

    Canada remains steadfast in its support for Ukraine as it fights to defend its sovereignty, territorial integrity, and democracy. The conflict initiated by Russia, with support from Belarus, continues to severely impact Ukraine’s economy, including its ability to export goods globally.

    Since the Ukraine Goods Remission Order was issued on June 9, 2022, Canada has imported over $35 million in goods from Ukraine with $8.5 million in customs duties remitted. The extension is expected to generate approximately $1.2 million in duties remitted from June 10, 2025 to June 9, 2026.

    MIL OSI Canada News –

  • MIL-OSI Security: Newmarket — RCMP arrest individual for exporting banned technology to Russia

    Source: Royal Canadian Mounted Police

    The Ontario RCMP have arrested a Canadian businessman for violating Canadian sanctions that prohibit technology trade and exports to Russia.

    Following a three-year investigation, the Ontario RCMP’s Sanctions Unit has obtained Attorney General of Canada consent to commence a criminal prosecution under the Special Economic Measures Act, S.C. 1992, c. 17, and the Special Economic Measures (Russia) Regulations, SOR/2014-58.

    Anton Trofimov (43) of Toronto, Ontario, is facing the following charges for sanctions evasion:

    • Export, sell, supply or ship a good referred to in Column 1 of Schedule 7 to Russia, contrary to section 3.9 (1) of the Special Economic Measures (Russia) Regulations (SOR/2014-58), thereby committing an offence contrary to section 8 of the Special Economic Measures Act, S.C. 1992, c.17;
    • Export, sell, supply or ship a good referred to in the Restricted Goods and Technologies List to Russia, contrary to section 3.6 (1) of the Special Economic Measures (Russia) Regulations (SOR/2014-58), thereby committing an offence contrary to section 8 of the Special Economic Measures Act, S.C. 1992, c.17;
    • Possess proceeds of property obtained by crime, contrary to section 354(1) of the Criminal Code of Canada.

    Trofimov made a first appearance in the Ontario Court of Justice at Toronto on May 22, 2025.

    “Canada’s sanctions are a critical component to our economic security, and these types of violations pose serious risks in maintaining international peace and global security. Individuals and businesses are responsible for ensuring the end destination of all exports do not fall under these sanctions. The RCMP will continue to pursue individuals or groups who attempt to profit from illegal trade.”- Chief Superintendent Chris Leather Officer in Charge of Criminal Operations, RCMP Central Region

    The RCMP works closely with domestic and international partners, including the Financial Transactions and Reports Analysis Centre of Canada, Global Affairs Canada, the Canada Border Services Agency, the United States Department of Commerce’s Bureau of Industry and Security, and the Federal Bureau of Investigation, to prevent and disrupt the illicit trade of technologies with sanctioned states.

    “This arrest is an example of how close collaboration with our Canadian partners can result in significant impact such as disruptions to Russia’s attempts to evade U.S. and Canadian sanctions.” – Special Agent in Charge Brett D. Skiles of the FBI Miami Field Office.

    “This arrest demonstrates both the importance of the CBSA’s ongoing work to interdict the proliferation of strategic Canadian technology and the crucial cooperation between the CBSA and RCMP in identifying exporters intent on violating sanctions. The CBSA’s Counter Proliferation Operations Section examines more than 1 million export declarations per year and collaborates with external and internal partners to meet Canada’s commitment to enforcing sanctions on strategic exports to Russia.” – Daniel Anson, Director General, Intelligence and Investigations, Canada Border Services Agency

    Prosecutions under the Special Economic Measures Act are conducted by the Public Prosecution Service of Canada.

    Fast facts

    • The purpose of the Canada Sanctions regime is to enable the Government of Canada to take economic measures against certain persons in circumstances where an international organization of states, of which Canada is a member, calls on its members to do so.
    • The RCMP Sanctions Program performs several roles within the Government of Canada’s sanctions regime, including conducting investigations into potential contravention of sanctions, the receipt of information from third parties in accordance with the legislation, and providing assistance to the Minister of Foreign Affairs. For more information on Canadian sanctions enforcement, please visit our website.
    • For more information about the high priority items list subject to export controls, please visit the Global Affairs Canada website.

    If you have any information related to violation of Canada’s sanctions legislation, you can contact the RCMP at Federal_Policing_Intake_Unit@rcmp-grc.gc.ca.

    MIL Security OSI –

  • MIL-OSI USA: In Wake of DCA Tragedy, Warner, Kaine, Colleagues Introduce Safe Operation of Shared Airspace Act

    US Senate News:

    Source: United States Senator for Virginia Tim Kaine

    WASHINGTON — U.S. Sens. Mark R. Warner and Tim Kaine (both D-VA) joined U.S. Sens. Maria Cantwell (D-WA), Ranking Member of the Senate Committee on Commerce, Science and Transportation, Tammy Duckworth (D-IL), Ranking Member of the Subcommittee on Aviation, Space, and Innovation, Amy Klobuchar (D-MN), Raphael Warnock (D-GA), and Ed Markey (D-MA) in introducing the Safe Operation of Shared Airspace Act of 2025 to strengthen aviation safety. The legislation follows Warner and Kaine’s years-long advocacy against further crowding in the capital area airspace – which will continue – and comes in direct response to the January 29, 2025 collision between an Army Black Hawk helicopter and a regional commercial jet operating as American Airlines flight 5342 near Ronald Reagan Washington National Airport (DCA) that took the lives of 67 people.

    The crash exposed multiple system failures, including the Army Black Hawk not transmitting safety-enhancing ADS-B technology (radio systems that aircraft use to share their positions with each other and with air traffic control), unsafe route design for mixed traffic near DCA, and lack of Federal Aviation Administration (FAA) and Department of Defense (DoD) coordination to prevent future incidents. The Safe Operation of Shared Airspace Act of 2025 addresses these specific failures, as well as broader long-standing FAA air traffic controller shortages, FAA internal safety management systems, and the need for important post-accident safety reviews.

    “Ensuring the safety of our nation’s air travel is critical, and as we have seen with tragedies and incidents in Virginia and across the country, an urgent matter,” said Sen. Warner. “The legislation takes important steps to strengthen critical safety measures, boost job training and recruitment efforts, and ensure coordination between the Department of Defense and FAA in order to better protect the millions of Americans who travel by air daily.”

    “The crash at DCA was a tragedy, and we have a responsibility to the loved ones of those we lost and the American public to make changes to ensure this never happens again,” said Sen. Kaine. “This bill includes a number of important steps, such as mandating a safety review of flight operations in the National Capital Region, improving air traffic controller hiring and training, and enhancing employee reporting and transparency. I will continue to do more to prevent another crash like this from occurring, including pushing to remove slots at DCA to address the congested airspace in the region.”

    “We are grateful to Senators Mark Warner and Tim Kaine, whose teams were the very first we met with on Capitol Hill as we began our advocacy journey. Over the past four months, they have remained consistently engaged, responsive, and supportive. Senator Warner’s and Senator Kaine’s dedication to aviation safety – both for the people of Virginia and across our national airspace – has been clear and unwavering. We thank them for joining with Senator Cantwell and putting forth this comprehensive aviation safety bill,” said the families of Flight 5342.

    The Safe Operation of Shared Airspace Act of 2025 includes several of Sens. Warner and Kaine’s priorities and will: 

    • Strengthen Aviation Safety to Protect the Flying Public by:
      • Closing the ADS-B Out Military Loophole: The bill ends certain Department of Defense (DoD) and other federal agency exemptions from using Automatic Dependent Surveillance-Broadcast (ADS-B) Out near DCA and other busy airports. The Army Black Hawk involved in the Jan. 29 crash was equipped with ADS-B Out, but it was not transmitting. The Army operated “100% of missions” in the National Capital Region with this critical safety technology deactivated and not transmitting, making military aircraft invisible to air traffic controllers and nearby planes.
      • Expanding Use of ADS-B In to Boost Safety: Within four years of enactment, the legislation requires all mainline and regional airlines to install ADS-B In and operate with it activated unless otherwise instructed by FAA air traffic control. This technology allows pilots to see nearby aircraft on their displays, and ensures better separation from other aircraft, dramatically improving situational awareness.
      • Initiating FAA Safety Review of DCA Airspace Management and Other Busy Airports to Prevent Close Calls and Tragic Crashes: The bill requires a comprehensive FAA/DoD safety review of DCA airspace to assess how helicopter, drone and military flights impact commercial operations and to better prevent future incidents. And it ensures a thorough evaluation of all non-commercial flight routes near the airport. The bill requires the same comprehensive FAA/DoD safety review of other busy U.S. airports (other Class B airports), prioritizing safety reviews of such airports with high volumes of mixed flight traffic.
      • Creating Independent Expert Review Panel for Effective SMS at FAA:  The legislation creates an independent expert panel to review FAA’s Safety Management System and ensure it is effective and integrated across all FAA operations within 180 days. The panel will include aviation safety experts, labor representatives, and NASA officials to lend their specific expertise to ensure the review is comprehensive.
      • Requiring Risk Assessments After Major Aircraft Accidents: The bill requires FAA to do a safety risk assessment – specifically a Transport Airplane Risk Assessment Methodology (TARAM) analysis – following any major, fatal airline crash, regardless of whether the crash is linked to an aircraft design or manufacturing issue.
    • Grow and Protect FAA Staffing Now and in the Future by:
      • Expanding High-Quality Controller Training Pipeline and Boosts Hiring: The bill codifies FAA’s existing Enhanced Air Traffic-Collegiate Training (Enhanced AT-CTI) program, which boosts FAA controller training capacity and allows FAA to hire highly qualified college graduates directly into air traffic control facilities to begin as controller trainees. The graduates have to have completed FAA-certified air traffic curriculums and meet other FAA controller qualifications, which would ensure an equivalent level of education and training from qualified evaluators to that of the FAA Academy. By adding nine certified Enhanced AT-CTI schools for a target of 15 total schools, FAA will be able to hire hundreds more controller trainees each year into its controller training pipeline to boost controller staffing. The bill also extends the requirement for FAA to hire as many controllers as possible through 2033.
      • Protecting FAA Workforce from Cuts and Hiring Freezes: The legislation reverses the Trump Administration’s hiring freeze and prohibits future hiring freezes on FAA’s safety workforce. It also prohibits any Executive Branch action to offer deferred resignation programs or voluntary buyouts to FAA workforce.
      • Closing Medical Review Backlogs: The bill requires FAA to hire more licensed medical professionals to fully staff its Aviation Medical Examiner team, addressing persistent backlogs in medical reviews for controllers, pilots, and other safety critical aviation professionals.
      • Creating New Controller Instructor Recruitment Program: The legislation requires a new FAA outreach program recruiting experienced controllers approaching retirement to become instructors at FAA’s Academy or at understaffed air traffic facilities.
    • Ensure Better FAA Oversight and Demand Information Sharing and Communication Between FAA and DOD
      • Establishing First-Ever FAA Oversight Office for Military Aviation Coordination: The bill establishes a dedicated FAA oversight office to oversee and coordinate military aircraft and helicopter flights and carry out airspace safety reviews, ensuring stronger communication between the Department of Defense and FAA offices to prevent future incidents.
      • Establishing a New Joint FAA-DoD Council on ADS-B: The bill establishes a joint FAA-Department of Defense Council to regularly review Federal government operations using ADS-B Out exemptions to ensure they meet the law.
      • Improving FAA and Military Aviation Safety Information Sharing: The bill would require aviation safety data sharing between the Department of Defense and the FAA via MOUs with each military service. For example, the Army does not typically share safety information from its Aviation Safety Management Information System with FAA except through lengthy Freedom of Information Act requests.
      • Preventing Conflicts of Interest at FAA: The legislation requires a Department of Transportation (DOT) rulemaking to ensure the DOT and the FAA are abiding by Federal government-wide financial conflicts of interest law and a DOT Inspector General Review of conflicts of interest at the DOT and FAA.
      • Requiring GAO Investigation of DOD Exemption Abuse: The bill requires the Government Accountability Office to investigate whether the Department of Defense and other Federal agencies have been misusing ADS-B, and determine whether agencies followed the law.

    Sens. Warner and Kaine have been closely involved with the in the investigation of the January 29th collision, meeting with first responders and offering condolences to the families and loved ones of the 67 lives lost immediately following the tragedy. The senators also saw through passage of a legislation to remember the victims of the crash. Sens. Warner and Kaine also requested answers from FAA on its plans to protect the flying public in the wake of the January 29 collision. In March of this year, the senators responded to the preliminary National Transportation Safety Board (NTSB) report on the crash. The senators have also sounded the alarm for years about the need for increased safety for the flying public, including fighting against additional flights out of DCA that contribute to overcrowding. 

    A copy of the legislation is available here.

    MIL OSI USA News –

  • MIL-OSI Europe: European promotional institutions and EIB join forces to support EU security and defence

    Source: European Investment Bank

    • National promotional institutions of France, Germany, Italy, Poland and Spain as well as EIB explore ways of stepping up cooperation and coordination in support of Europe’s security and defence industry.
    • Cooperation to foster pan-European approach in areas such as research, industrial capacity, and infrastructure.

    The national promotional institutions of France, Germany, Italy, Poland and Spain as well as the European Investment Bank (EIB) will cooperate to bolster Europe’s security and defence industry. The six long term investors – Caisse des Depôts, Kreditanstalt für Wiederaufbau (KfW), Cassa Depositi e Prestiti (CDP), Bank Gospodarstwa Krajowego (BGK) and Instituto de Crédito Oficial (ICO) and the EIB – agreed to further explore cooperation opportunities.

    The cooperation will focus on areas of investment and on potential joint financing in sectors such as research and development, industrial capacity, and infrastructure.

    The agreement reached today in Warsaw – in the margins of the European Association of Long-Term Investors (ELTI) CEO meeting hosted by BGK – marks a significant step to further boost and reinforce the collaboration between the national promotional institutions and the EIB in supporting Europe’s security and defence infrastructures, technologies and industrial capabilities.

    The initiative, which may also explore the development of potential joint collaborations, including on financial products and advisory services, is a pan-European approach to strengthening European security and defence. It is open to additional European long-term public investors, in particular national promotional institutions all over Europe, and it is part of increased efforts to strengthen the EU and tackle evolving security threats amid significant geopolitical shifts.

    Background information

    About the Caisse des Dépôts Group

    Caisse des Dépôts and its subsidiaries form a public long-term investor group serving the general interest and economic development of local areas. 

    It combines five areas of expertise: social policy (pensions, professional training, disability, old age, health), asset management, monitoring subsidiaries and strategic shareholdings, business financing (with Bpifrance) and Banque des Territoires.

    Cassa Depositi e Prestiti is the National Promotional Institution which has been supporting the Italian economy since 1850. The main goal of CDP is to accelerate the industrial and infrastructural development of Italy to boost its economic and social growth. CDP focuses its activities on sustainable development at local level, supporting the innovation and growth of Italian enterprises, also in the international arena. It partners local authorities, in a financing and advisory capacity, to create infrastructures and improve services of public value. CDP also participates actively in international cooperation initiatives to realize projects in developing countries and emerging markets. Cassa Depositi e Prestiti is entirely financed by private capital, through the issuing of Postal Savings Bonds and Postal Savings Passbooks, and through issues on national and international financial markets.

    About the EIB   

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. The EIB finances investments in eight core priorities that support EU policy objectives: climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and the bioeconomy, social infrastructure, the capital markets union and a stronger Europe.

    High-quality, up-to-date photos of the organisation’s headquarters for media use are available here. 

    About ICO

    Instituto de Crédito Oficial (ICO) is the national promotional bank of Spain, attached to the Ministry of Economy, Trade and Enterprise. ICO has become a benchmark in financing both SMEs and large investment projects and contributes to sustainable growth by promoting economic activities that, due to their social, cultural, innovative or environmental importance, are worthy of promotion and development. www.ico.es

    About KfW

    KfW is one of the world’s leading promotional banks. With its decades of experience, KfW is committed to improving economic, social and environmental living conditions across the globe on behalf of the Federal Republic of Germany and the federal states. To do this, it provided funds totalling EUR 112.8 billion in 2024 alone. Its financing and promotional activities are aligned with the 2030 Agenda of the United Nations and contribute to achieving the 17 Sustainable Development Goals (SDGs) around the world.

    About Bank Gospodarstwa Krajowego

    Bank Gospodarstwa Krajowego (BGK) is a Polish development bank, the only such institution in Poland. BGK supports the sustainable social and economic development of the country. Its activities influence job creation, housing construction, infrastructure development and air quality improvement. The bank cares about future generations – it builds social capital, develops entrepreneurship and provides responsible financing. It is present in every region of Poland, as well as abroad – it has representative offices in Brussels, Frankfurt am Main and Kyiv. The bank is involved in the implementation of European Funds in Poland, as well as products financed by the National Recovery and Reconstruction Plan. BGK supports exports and foreign expansion of Polish companies. Through cooperation with business, the public sector and financial institutions, it responds to economic needs.

    MIL OSI Europe News –

  • MIL-OSI USA: Peters, Vargas, San Diego Delegation Members Demand Answers over South Park ICE Raid

    Source: United States House of Representatives – Congressman Scott Peters (52nd District of California)

    San Diego, CA — Today, Representatives Scott Peters (CA-50) and Juan Vargas (CA-52), along with Representatives Sara Jacobs (CA-51) and Mike Levin (CA-49), and U.S. Senator Adam Schiff (D-CA) demanded answers from Department of Homeland Security Secretary Kristi Noem over the outrageous and militarized ICE Raid at Buona Forchetta, a community restaurant.

    In addition to this letter, Reps. Peters, Vargas, Jacobs, and Levin, and U.S. Senators Adam Schiff (D-CA) and Alex Padilla (D-CA) sent a letter to Sec. Noem expressing their concern over the deliberate targeting of immigrants trying to follow the legal process at courthouses, such as the San Diego Immigration Court located in the Edward J. Schwartz Federal Building.

    In their letter, the members stated, “In 2024, President Trump’s now ‘border czar,’ Tom Homan, said immigration enforcement would focus on immigrants who are ‘public safety threats and the national security threats first.’  According to the facts outlined in the government’s warrant, the workers at Buona Forchetta do not appear to meet this standard. Instead, many immigrants, like those targeted in the operation, work challenging jobs and fill labor gaps in sectors like agriculture and construction. Immigrants are critical to the local and national economy, with those in the San Diego metro area contributing $11.3 billion in taxes annually.”

    They continued, “The role of law enforcement is to keep our community safe. The incident at Buona Forchetta last week did not make us safer. Witness accounts and video recordings show over 20 ICE and [Homeland Security Investigations] agents present on the scene, many armed with assault weapons and fitted in military tactical gear. Agents were then witnessed aggressively entering the restaurant to handcuff all employees—including those who were not enforcement targets. Agents also used three noise flash diversionary devices, which produce loud bangs and smoke, to disperse civilians at the scene. These tactics created chaos and fear, all to arrest four immigrants reportedly working hard as dishwashers and servers… The Administration’s use of these tactics also suggests the intent of the raid was not uphold the law in a responsible manner, but rather to intimidate. This is unacceptable. The use of such tactics to execute warrants for non-violent crimes not only harms public trust in HIS and ICE, it also raises legitimate questions about the Department of Homeland Security’s stewardship of taxpayer dollars.”

    And they concluded by asking that Sec. Noem promptly respond to the following questions:

    1. Has ICE or HIS received any new directive or informal communications from the Administration to expand enforcement priorities to immigrants who are not violent criminals or public safety threats?
    2. What is the process by which Department determines it is necessary to arm agents with assault weapons and military equipment during raids?
    3. How does Department account for the level of public safety threat of enforcement targets or the likely concentration of civilians when it makes these determinations?
    4. What tactics did ICE use to attempt to disperse the crowd before escalating to use noise flash diversionary devices?
    5. Prior to the operation, did ICE consider any of the targeted immigrants to be public safety or national security threats?

    The full text of the letter can be found here. 

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Former Owner of Fuel Truck Supply Company Sentenced to Prison for Bid Rigging and Conspiracy to Monopolize

    Source: US State of Vermont

    The former owner of fuel truck supply companies was sentenced today in Boise, Idaho, to 12 months in prison and a $20,000 fine for his leadership role in conspiracies to monopolize, rig bids, and allocate territories for fuel truck contracts that assist the U.S. Forest Service’s efforts to battle wildfires in Idaho and the mountain west. The conduct lasted at least eight years.

    Ike Tomlinson pleaded guilty in May 2024 to conspiring with Kris Bird, the owner of another fuel truck company to rig bids in each other’s favor. Both individuals pleaded guilty to the charges from the federal antitrust investigation into bid rigging and other anticompetitive conduct in the fuel truck services industry.

    “This sentence sends a message that bid rigging—particularly bid rigging affecting federal agencies—will not be tolerated,” said Assistant Attorney General Abigail Slater of the Justice Department’s Antitrust Division. “The Defendant’s conspiracies struck at the heart of the competitive process. They damaged essential taxpayer-funded services critical to protecting the American public and its property from wildfires while profiting at the expense of American taxpayers. The Antitrust Division and its law enforcement partners will continue to ensure that individuals who cheat and deprive their communities of these essential services are incarcerated.”

    “Today’s sentencing sends a clear message that those who manipulate markets and undermine fair competition will be held accountable,” said Assistant Director Jose A. Perez of the FBI’s Criminal Investigative Division. “Antitrust violations harm consumers, distort markets and erode trust in our economy. The FBI remains committed to working with our partners to investigate and disrupt all forms of corporate fraud.”

    “Competition is critical for fair and efficient federal contracting,” said Assistant Inspector General for Investigations Jason Suffredini of the General Services Administration (GSA) Office of Inspector General (OIG). “GSA OIG special agents and our partners are committed to pursuing those who engage in any form of procurement fraud.”

    According to court documents, the co-conspirators coordinated their bids to inflate prices and to determine who would have priority to receive business from the U.S. Forest Service and other federal agencies in the event of a wildfire in a specific geographic area. These bids gave the false impression of competition when, in fact, the co-conspirators had predetermined who would receive priority from the Forest Service. The co-conspirators further coordinated to exclude and punish potential competitors to further maintain the success of their conspiracy.  Tomlinson participated in the conduct from 2015 through 2023.

    The Antitrust Division’s San Francisco Office, U.S. Attorney’s Office for the District of Idaho, FBI Salt Lake City Field Office, Boise Resident Agency, and General Services Administration Office of Inspector General investigated the case.  Assistant Chief Christopher J. Carlberg and Trial Attorneys Elena A. Goldstein, Daniel B. Twomey, and Matthew Chou of the Antitrust Division’s San Francisco Office, and Assistant U.S. Attorney Sean M. Mazorol for the District of Idaho are prosecuting the case.

    In addition to today’s criminal sentence, on July 10, 2024, the United States, on behalf of the U.S. Forest Service, U.S. Bureau of Land Management, and the U.S. Small Business Administration, entered into a civil settlement with Ike Tomlinson and other related entities and individuals who agreed to pay $1.1 million to resolve civil claims related to allegations that they obtained government contracts through bid-rigging and the submission of false SAM Certifications, submitted false claims for helicopter operations support trailers, wrongly obtained a Paycheck Protection Program loan, and other conduct.

    The U.S. Attorney’s Office for the District of Idaho and the U.S. Department of Agriculture Office of Inspector General investigated the civil case. Assistant United States Attorney Robert B. Firpo and Civil Chief James Schaefer are handling the case.

    In November 2019, the Justice Department created the Procurement Collusion Strike Force (PCSF), a joint law enforcement effort to combat antitrust crimes and related fraudulent schemes that impact government procurement, grant and program funding at all levels of government—federal, state and local. To learn more about the PCSF, or to report information on bid rigging, price fixing, market allocation and other anticompetitive conduct related to government spending, go to www.justice.gov/procurement-collusion-strike-force. Anyone with information in connection with this investigation can contact the PCSF at the link listed above. 

    MIL OSI USA News –

  • MIL-OSI Security: Former Owner of Fuel Truck Supply Company Sentenced to Prison for Bid Rigging and Conspiracy to Monopolize

    Source: United States Attorneys General 1

    The former owner of fuel truck supply companies was sentenced today in Boise, Idaho, to 12 months in prison and a $20,000 fine for his leadership role in conspiracies to monopolize, rig bids, and allocate territories for fuel truck contracts that assist the U.S. Forest Service’s efforts to battle wildfires in Idaho and the mountain west. The conduct lasted at least eight years.

    Ike Tomlinson pleaded guilty in May 2024 to conspiring with Kris Bird, the owner of another fuel truck company to rig bids in each other’s favor. Both individuals pleaded guilty to the charges from the federal antitrust investigation into bid rigging and other anticompetitive conduct in the fuel truck services industry.

    “This sentence sends a message that bid rigging—particularly bid rigging affecting federal agencies—will not be tolerated,” said Assistant Attorney General Abigail Slater of the Justice Department’s Antitrust Division. “The Defendant’s conspiracies struck at the heart of the competitive process. They damaged essential taxpayer-funded services critical to protecting the American public and its property from wildfires while profiting at the expense of American taxpayers. The Antitrust Division and its law enforcement partners will continue to ensure that individuals who cheat and deprive their communities of these essential services are incarcerated.”

    “Today’s sentencing sends a clear message that those who manipulate markets and undermine fair competition will be held accountable,” said Assistant Director Jose A. Perez of the FBI’s Criminal Investigative Division. “Antitrust violations harm consumers, distort markets and erode trust in our economy. The FBI remains committed to working with our partners to investigate and disrupt all forms of corporate fraud.”

    “Competition is critical for fair and efficient federal contracting,” said Assistant Inspector General for Investigations Jason Suffredini of the General Services Administration (GSA) Office of Inspector General (OIG). “GSA OIG special agents and our partners are committed to pursuing those who engage in any form of procurement fraud.”

    According to court documents, the co-conspirators coordinated their bids to inflate prices and to determine who would have priority to receive business from the U.S. Forest Service and other federal agencies in the event of a wildfire in a specific geographic area. These bids gave the false impression of competition when, in fact, the co-conspirators had predetermined who would receive priority from the Forest Service. The co-conspirators further coordinated to exclude and punish potential competitors to further maintain the success of their conspiracy.  Tomlinson participated in the conduct from 2015 through 2023.

    The Antitrust Division’s San Francisco Office, U.S. Attorney’s Office for the District of Idaho, FBI Salt Lake City Field Office, Boise Resident Agency, and General Services Administration Office of Inspector General investigated the case.  Assistant Chief Christopher J. Carlberg and Trial Attorneys Elena A. Goldstein, Daniel B. Twomey, and Matthew Chou of the Antitrust Division’s San Francisco Office, and Assistant U.S. Attorney Sean M. Mazorol for the District of Idaho are prosecuting the case.

    In addition to today’s criminal sentence, on July 10, 2024, the United States, on behalf of the U.S. Forest Service, U.S. Bureau of Land Management, and the U.S. Small Business Administration, entered into a civil settlement with Ike Tomlinson and other related entities and individuals who agreed to pay $1.1 million to resolve civil claims related to allegations that they obtained government contracts through bid-rigging and the submission of false SAM Certifications, submitted false claims for helicopter operations support trailers, wrongly obtained a Paycheck Protection Program loan, and other conduct.

    The U.S. Attorney’s Office for the District of Idaho and the U.S. Department of Agriculture Office of Inspector General investigated the civil case. Assistant United States Attorney Robert B. Firpo and Civil Chief James Schaefer are handling the case.

    In November 2019, the Justice Department created the Procurement Collusion Strike Force (PCSF), a joint law enforcement effort to combat antitrust crimes and related fraudulent schemes that impact government procurement, grant and program funding at all levels of government—federal, state and local. To learn more about the PCSF, or to report information on bid rigging, price fixing, market allocation and other anticompetitive conduct related to government spending, go to www.justice.gov/procurement-collusion-strike-force. Anyone with information in connection with this investigation can contact the PCSF at the link listed above. 

    MIL Security OSI –

  • MIL-OSI Security: Prince George’s County Man Pleads Guilty to Armed Robbery

    Source: Office of United States Attorneys

    Greenbelt, Maryland – Today, Zebedee Alexander Johnson, 35, of Clinton, Maryland, pled guilty to the armed robbery of a Clinton convenience store.

    Kelly O. Hayes, U.S. Attorney for the District of Maryland, announced the plea with Acting Special Agent in Charge Amanda M. Koldjeski, Federal Bureau of Investigation (FBI) – Baltimore Field Office, and Chief Malik Aziz, Prince George’s County Police Department (PGPD).

    According to the guilty plea, on April 29, 2022, Johnson and four others traveled to a Clinton convenience store, where they pointed a firearm at a store employee and ordered him to lie down.  They then used a circular saw to break open the store’s ATM and take trays containing approximately $35,020 in U.S. currency.  At the time of the armed robbery, Johnson was on federal supervised release in connection with a 2018 conviction for a drug-distribution offense. Johnson admitted that he violated the supervised-release terms, which prohibits committing any new crimes, by committing the armed robbery.

    Johnson faces a minimum mandatory sentence of five years and a maximum of life in federal prison, followed by up to five years of supervised release, for this offense.  He also faces a maximum sentence of two years for violating his supervised release.  Actual sentences for federal crimes are typically less than the maximum penalties.  A federal district court judge determines sentencing after considering the U.S. Sentencing Guidelines and other statutory factors. U.S. District Judge Theodore D. Chuang scheduled sentencing for September 4, at 9:30 a.m.

    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.

    U.S. Attorney Hayes commended the FBI and PGPD for their work in the investigation.  Ms. Hayes also thanked Assistant U.S. Attorneys Joshua Rosenthal and William Moomau who are prosecuting the case.

    For more information about the Maryland U.S. Attorney’s Office, its priorities, and resources available to help the community, please visit justice.gov/usao-md and justice.gov/usao-md/community-outreach.

    # # #

    MIL Security OSI –

  • MIL-OSI Security: Eight Charged in Federal Crackdown on Treasury Check Fraud

    Source: Office of United States Attorneys

    Defendants allegedly deposited $8.8 million in stolen tax refund checks into accounts they controlled

    BOSTON – Eight individuals have been charged as part of an ongoing investigation into the theft of U.S. Treasury tax refund checks in Massachusetts.

    According to the charging documents eight defendants in communities throughout Eastern Massachusetts have allegedly been involved in the theft of tax refund checks, totaling more than $8.8 million in 2023 and 2024. As alleged, each of the U.S. Treasury checks the defendants stole represented a tax refund or tax credit due to a bona fide taxpayer, but had been altered to be payable to shell companies the defendants controlled. Each defendant allegedly deposited one or more fraudulent checks at banks or credit unions in and around Metro Boston. The following defendants are charged in separate indictments:

    1. Gino Rosario Tyler Alexander Allegra, 31, of Brockton, charged with theft of $861,646 in government funds;
    2. Eric Banks, 70, of Quincy, charged with theft of $1,173,482 in government funds;
    3. Jesse El-Ghoul, 31, of Leominster, charged with theft of $1,355,863 in government funds;
    4. Nnamdi Opara, 30, of Woburn, charged with theft of $700,767 in government funds;
    5. Gurprit Singh, 34, of Framingham, charged with theft of $2,547,508 in government funds;
    6. Amarpreet Singh, 33, of Framingham, charged with theft of $536,214 in government funds;
    7. Lonnie Smith-Matthews, 33, of Hyde Park, charged with theft of $150,000 in government funds and bank fraud of $232,588; and
    8. Domingo Villari, 49, of Framingham, charged with theft of $1,288,575 in government funds.

    Banks, El-Ghoul, G. Singh, Opara and Smith-Matthews are in federal custody and will appear in Federal Court in Boston later today. Allegra, A. Singh and Villari remain at large.

    “As alleged, these defendants stole millions in tax refunds owed to hardworking Americans and used Massachusetts businesses and community banks to defraud the U.S. Treasury,” said United States Attorney Leah B. Foley. “Would-be thieves should understand that taking government money is not a victimless crime. If you cash or deposit a refund check that you know is not yours, you will be prosecuted. This office and its law enforcement partners are committed to rooting out fraud and abuse in the federal tax system.”  

    “Today’s arrest demonstrates IRS-CI’s commitment to identifying, investigating, and prosecuting all instances of Treasury check theft,” said Thomas Demeo, Acting Special Agent in Charge of the Internal Revenue Service Criminal Investigation, Boston Field Office. “The theft and altering of Treasury checks is a growing issue that impacts all Americans. IRS-CI will continue to work diligently to bring all those who prey on American taxpayers to justice.”

    “The Treasury Inspector General for Tax Administration (TIGTA) aggressively investigates individuals who attempt to exploit U.S Treasury refund checks meant for hard working taxpayers for their own private gain,” said TIGTA Special Agent in Charge Michael Carpenter. “TIGTA’s mission is to protect the integrity of our nation’s tax administration system.  We are committed to working with our law enforcement partners to ensure that those who violate federal laws are prosecuted to the fullest extent possible.”

    The charge of theft of government funds provides for a sentence of up to 10 years in prison, three years of supervised release and a fine of up to $250,000. The charge of bank fraud provides for a sentence of up to 30 years in prison, five of supervised release and a fine of up to $1 million. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and statutes which govern the determination of a sentence in a criminal case.

    U.S. Attorney Foley; IRS Acting SAC Demeo; Treasury Inspector General SAC Carpenter; and Matthew Modafferi, Special Agent in Charge of the United States Postal Service Office of the Inspector General, Northeast Area Field Office, made the announcement today. Valuable assistance was provided by the Needham Police Department. Assistant U.S. Attorneys Kriss Basil and Brian Sullivan of Foley’s Criminal Division are prosecuting the cases.

    The details contained in the charging documents are allegations. The defendants are presumed to be innocent unless and until proven guilty beyond a reasonable doubt in the court of law.  

    MIL Security OSI –

  • MIL-OSI Security: Environmental Crimes Bulletin – May 2025

    Source: United States Department of Justice Criminal Division

    View All Environmental Crimes Bulletins

    In This Issue:

    Cases by District/Circuit

    District/Circuit Case Name Conduct/Statute(s)
    District of Alaska United States v. Corey Potter, et al. Crab Harvesting; Lacey Act
    Southern District of California United States v. Ruben Montes, et al. Pesticide and Veterinary Drug Smuggling; Conspiracy
    United States v. Ricardo Alonzo Exotic Bird Smuggling
    Northern District of Florida United States v. Zackery Brandon Barfield Dolphin Killing; Marine Mammal Protection Act; Federal Insecticide, Fungicide, and Rodenticide Act
    Southern District of Florida United States v. Liza Hash Discharging Oil; Clean Water Act
    Middle District of Georgia United States v. Tamichael Elijah, et al. Dog Fighting; Animal Fighting Venture, Conspiracy
    Eastern District of Kentucky United States v. Kendall Glenn Hacker Animal Torture Videos; Animal Crush Statute
    District of Maine United States v. Isaac Allen Tampering with a Monitoring Device; Clean Air Act, Conspiracy, Obstruction of Justice
    Southern District of Mississippi United States v. Thomas W. Douglas, Jr., et al. Wastewater Discharges; Clean Water Act
    District of New Jersey United States v. Tommy Watson, et al. Dog Fighting; Animal Fighting Venture, Conspiracy, Felon-in-Possession
    Northern District of Texas United States v. Phillip D. Waddell, et al. Tampering with a Monitoring Device; Clean Air Act, Conspiracy
    Southern District of Texas United States v. Jocelyn Castilleja Refrigerant Smuggling
    Eastern District of Virginia United States v. Charles Reginald McDougald, et al. Dog Fighting; Animal Fighting Venture, Conspiracy
    United States v. Jonathan Long Tampering with a Monitoring Device; Clean Air Act, Accessory-After-the-Fact

    Recently Charged

    United States v. Jocelyn Castilleja

    • No. 5:25-CR-00515 (Southern District of Texas)
    • AUSA Bryan Oliver

    On May 8, 2025, prosecutors unsealed an indictment charging Jocelyn Castilleja with smuggling (18 U.S.C. § 545).

    On June 15, 2024, Castilleja attempted to smuggle three 25pound containers of 410A hydrofluorocarbon refrigerant from Mexico into the United States in her personal vehicle. The refrigerants were discovered during a routine inspection by Customs and Border Protection agents at the Brownsville, Texas, border crossing. Castilleja failed to declare the containers to customs authorities, as required by law.

    The U.S. Environmental Protection Agency Criminal Investigation Division conducted the investigation.

    United States v. Ricardo Alonzo

    • No. 3:25-mj-02712 (Southern District of California)
    • AUSA Parker Gardner-Erickson

    On May 20, 2025, prosecutors charged Ricardo Alonzo with smuggling 17 exotic birds into the United States from Mexico under the seat of his car (18 U.S.C. § 545).

    On May 4, 2025, authorities intercepted Alonzo as he drove over the border from Mexico at the San Ysidro Port of Entry. Officers found four bags containing 10 burrowing parakeets, five yellow-crowned Amazon parrots, and two red-lored Amazon parrot chicks under the rear seat. The two red-lored Amazon parrot chicks did not survive; the remaining birds were transferred to a quarantine facility managed by the U.S. Department of Agriculture.

    According to the U.S. Fish and Wildlife Service, Amazon parrots are native to Mexico, the West Indies, and northern South America, while burrowing parakeets are native to Chile and Argentina. All species of Amazon parrots, as well as burrowing parakeets, are listed on either Appendix I or Appendix II of the Convention on International Trade in Endangered Species of Wild Flora and Fauna.

    Smuggled birds that are not subject to quarantine can prove dangerous as they may carry and spread Avian influenza (bird flu) and other diseases. Bird flu is highly contagious and can cause flu-like symptoms, respiratory illness, pneumonia, and death in humans and other birds including those housed on poultry farms.

    The U.S. Fish and Wildlife Service Office of Law Enforcement and Homeland Security Investigations conducted the investigation.

    Red-lored Amazon parrots rescued by border officials.

    Related Press Release: Southern District of California | San Diego Man Charged with Smuggling Exotic Live Birds | United States Department of Justice

    Guilty Pleas

    United States v. Tommy Watson, et al.

    • No. 1:23-CR-00787 (District of New Jersey)
    • ECS Senior Trial Attorney Ethan Eddy
    • AUSA Michelle Goldman

    On May 16, 2025, Tommy Watson pleaded guilty to conspiracy to possess, train, and transport dogs for an animal fighting venture, sponsoring and exhibiting dogs in an animal fighting venture, and being a felon-in-possession of ammunition (7 U.S.C. §§ 2156(a)(1), 2156(b); 18 U.S.C. §§ 371, 922(g)). Watson is scheduled for sentencing on October 2, 2025.

    The case began when officers responded to an emergency call at an auto body garage in Upper Deerfield Township, New Jersey. They found a fighting pit in the garage, along with two pit bull-type dogs, still fighting, that had been placed into an inoperable car on a lift in the garage as the participants fled on foot. The dogs later died from injuries they sustained while fighting. Officers also found an uninjured pit bull-type dog in a car near the garage, along with a rudimentary veterinary suture and skin staple kit.

    Evidence revealed that Watson organized the fight, and that his dog was scheduled for the next fight on deck. He jointly possessed and trained the dog for this particular fight, as shown by cell phone video evidence. Watson participated in a dog fighting operation called “From Da Bottom Kennels.” From Da Bottom Kennels and others live-streamed dog fight videos from the garage via the Telegram app.

    Co-defendant Johnnie Lee Nelson was sentenced in April 2025 to complete a two-year term of probation to include one year of home confinement. Nelson will also perform 100 hours of community service.

    The U.S. Department of Agriculture’s Office of Inspector General, the Federal Bureau of Investigation, and Homeland Security Investigations conducted the investigation.

    United States v. Phillip D. Waddell, et al.

    • No. 3:24-CR-00136 (Northern District of Texas)
    • AUSA Doug Brasher

    On May 22, 2025, Phillip Waddell pleaded guilty to conspiring to violate the Clean Air Act (CAA) (18 U.S.C. § 371; 42 U.S.C. § 7413(c)(2)(C)).

    Waddell is one of ten defendants charged for tampering with pollution control equipment software in diesel trucks. The other co-defendants are Philip Matthew Ormand, Kolby Douglas Huneycutt, Kyle Kris Kizer, Jonathan Joseph Lohrmeyer, Justin Loutoyama Pasamonte, Archie George Sims, and Adam Marsh Stanley, along with auto dealership James Hodge Motors, Inc. (doing business as Jay Hodge Dodge), and its Chief Operating Officer Curtis Kevin Poore. They are scheduled for trial to begin on December 15, 2025.

    Between June 2019 and November 2021, Waddell sold aftermarket diesel exhaust components, tuners, and so-called “delete tunes” that allowed vehicles to override on-board diagnostic (OBD) systems. Operating normally, OBDs monitor vehicle emissions to ensure they fall below the limits set by the CAA. When an OBD detects excess emissions, it sends input to the vehicle’s on-board computer, which may activate an indicator light and place the vehicle in “limp mode,” capping its speed as low as five miles per hour. With delete tunes installed, diesel exhaust systems can be modified so that OBDs are prevented from detecting emission changes.

    Waddell purchased delete tunes from Ormand to customize them for specific vehicles. From August 2018 to April 2021, Waddell paid Ormand more than $2 million for delete tunes and sold them for between $300 and $1,350 each. Waddell’s customers included James Hodge Motors and several individuals who operated their own diesel repair and customization businesses.

    Huneycutt, Kizer, Lohrmeyer, Pasamonte, Sims, and Stanley purchased tuners and delete tunes from Waddell and installed them on their customers’ vehicles, a process called “tuning” or “reflashing.” James Hodge Motors, acting under Poore’s supervision, falsified invoices to conceal the nature of the work it performed on customers’ trucks.

    The U.S. Environmental Protection Agency Criminal Investigation Division conducted the investigation, with assistance from the Texas Commission on Environmental Quality. 

    Sentencings

    United States v. Thomas W. Douglas, Jr., et al.

    • No. 3:22-CR-00036 (Southern District of Mississippi)
    • ECS Senior Litigation Counsel Todd Gleason
    • ECS Senior Trial Attorney Matt Morris
    • ECS Paralegal Chloe Harris
    • ECS Paralegal Jonah Fruchtman

    On May 1, 2025, a court sentenced Thomas W. Douglas, Jr., to pay a $50,000 fine and complete a three-year term of probation, which includes nine months’ home confinement. Co-defendant John S. Welch, Sr., was sentenced to pay a $5,000 fine and complete a two-year term of probation. Following an almost two-week trial, a jury found Douglas guilty of two negligent Clean Water Act (CWA) counts and Welch guilty of one negligent CWA count (33 U.S.C. § 1319(c)(1)(A)).

    Douglas was the president and co-owner of Gold Coast Commodities, Inc. (GCC), based in Brandon, Mississippi, and Welch was GCC’s plant manager. The company processes fats, oils, and grease into feedstock for animal food and biofuels. GCC applied for and received pretreatment permits that limited the quantity of treated waste it could discharge to the Jackson area wastewater treatment system (JWTS). GCC never activated the permits, claiming that it trucked all its waste offsite for treatment and disposal. State and local regulatory officials later discovered discharges of industrial waste downstream from GCC that vastly exceeded numerous pollutant limits.

    After officials placed monitors into GCC’s sewer outfall, the defendants trucked GCC’s process waste to three other illegal discharge locations, two of which led to the JWTS. They hired two sewage haulers to transport GCC’s industrial waste to JWTS’s treatment plant in tanker trucks falsely marked as “sewage” to conceal the nature of the waste. The plant does not accept industrial waste. When that became too risky, they hired a trucking company to transport GCC’s waste to a small sewer service company owned by co-defendant Andrew Walker. There they excavated a JWTS sewer pipe and discharged another 3.4 million gallons of GCC’s industrial waste until they were again caught and ordered to stop.

    The U.S. Environmental Protection Agency Criminal Investigation Division, the Federal Bureau of Investigation, the Brandon Police Department, and the Mississippi Department of Environmental Quality conducted the investigation, with assistance from the Cities of Brandon and Jackson municipal governments.

    United States v. Charles Reginald McDougald, et al.

    • No. 1:22-CR-00154 (Eastern District of Virginia)
    • AUSA Gordon D. Kromberg
    • AUSA Vanessa K. Strobbe

    On May 6, 2025, a court sentenced Charles Reginald McDougald to 27 months’ incarceration followed by three years of supervised release.

    From March 2015 through December 2022, McDougald, aka “Luke” and “Bottom Boy—along with other conspirators from Virginia, Washington, D.C., Maryland, Delaware, New Jersey, and North Carolina—used a messaging app private group referred to as “The DMV Board” or “The Board,” to discuss training fighting dogs, exchange videos about dog fighting, and arrange and coordinate dog fights.

    Members of the DMV Board used the app to compare methods of killing dogs that lost fights, circulate media reports about conspirators who had been caught by law enforcement, and discuss ways to avoid being caught. McDougald posted multiple offers to arrange dog fights for thousands of dollars per fight. McDougald pleaded guilty to conspiracy and to violating the animal fighting venture statute (7 U.S.C. § 2156; 18 U.S.C. §§ 49, 371).

    McDougald’s sentencing follows the convictions of 19 others who used the DMV Board. Those other defendants received sentences ranging between 10 days and 30 months in prison.

    The Federal Bureau of Investigation, the Department of Defense Criminal Investigation Service, and the U.S. Department of Agriculture Office of Inspector General conducted the investigation.

    United States v. Isaac Allen

    • No. 2:24-CR-00125 (District of Maine)
    • AUSA David Joyce
    • AUSA John Osborn

    On May 7, 2025, a court sentenced Isaac Allen to pay a $40,000 fine and complete a three-year term of probation. Allen, the owner of a diesel repair shop called Red Barn Diesel Performance in Windham, Maine, pleaded guilty to conspiracy to tamper with Clean Air Act (CAA) monitoring devices and obstructing an agency proceeding (18 U.S.C. §§ 371, 1505; 42 U.S.C. § 7413(c)(2)(C)).

    Between January 2017 and September 2020, Allen conspired with a local truck sales business to reprogram the on-board diagnostic (OBD) systems of diesel trucks by downloading software, or “tunes,” which disabled the systems’ ability to detect emissions control malfunctions. Disabling emissions controls or tampering with the OBD system of a diesel truck causes its emissions to increase significantly.

    In June 2022, the U.S. Environmental Protection Agency issued Allen a CAA Information Request, seeking details on the vehicles serviced by Red Barn, including the impact of the engine tunes on emissions systems and OBD functions. Allen underreported the number of vehicles affected.

    The U.S. Environmental Protection Agency Criminal Investigation Division conducted the investigation with support from the Maine State Police.

    United States v. Kendall Glenn Hacker

    • No. 5:25-CR-00002 (Eastern District of Kentucky)
    • AUSA Emily Greenfield

    On May 12, 2025, a court sentenced Kendall Glenn Hacker to 30 months’ incarceration, followed by three years’ supervised release. Hacker pleaded guilty to conspiracy and to violating the Animal Crush statute (18 U.S.C. §§ 371, 48(a)(2), (a)(3)).

    Between November 2021 and June 2022, Hacker sent money through online payment applications, such as PayPal and Venmo, to Michael Macartney, an online chat group administrator. The participants in this group funded, created, obtained, received, exchanged and/or distributed animal crush videos.

    Homeland Security Investigations conducted the investigation.

    Related Press Release: District of Kentucky | Richmond Man Sentenced for Conspiracy to Create and Distribute Animal Crush Videos

    United States v. Corey Potter, et al.

    • No. 3:24-CR-00047 (District of Alaska)
    • AUSA Seth Brickey

    On May 13, 2025, a court sentenced fisherman Corey Potter to 12 months’ incarceration followed by two years of supervised release for illegally transporting crab from Alaska to Washington in violation of the Lacey Act (16 U.S.C. §§ 3372(a)(2)(A), 3373(d)(1)(B)). Potter also is banned from commercial fishing while under supervision.

    In February and March 2024, Corey Potter owned and operated two crab catcher vessels and harvested Tanner and golden king crab in Southeast Alaska waters. The vessels were captained and operated by co-defendants Kyle Potter (Corey’s son) and Justin Welch. Corey Potter directed Kyle Potter and Welch to transport their harvest of live crab to Seattle, Washington, where they intended to sell it for a higher price than they would receive in Alaska. Before leaving Alaska, neither vessel landed their harvest at a port nor reported the harvest on a fish ticket, which all three defendants knew was required under state law.

    At the time, one vessel held more than 4,200 pounds of live Tanner crab aboard, while the other had close to 3,000 pounds of live golden king crab. A portion of the Tanner crab was infected with Bitter Crab Syndrome (BCS), a parasitic disease that is fatal to crustaceans. Several crab fishermen who knew about their plans contacted Corey and Kyle Potter expressing concern that the Potters’ harvest would infect other crabs with BCS. Despite the other fishermen’s concerns, Corey Potter moved forward with his plan to transport the catch.

    Following the multi-day trip from Alaska, roughly 40 percent the king crab died and was unmarketable. Since the other vessel had BCS-contaminated crabs, the entire catch of Tanner crab was transferred to the Washington Department of Fish and Wildlife to dispose of in a landfill.

    In March 2024, law enforcement served a search warrant on Welch and one of the fishing vessels. Welch told Corey and Kyle Potter about the search, and both deleted text messages before law enforcement could seize their phones. Those messages described their awareness of BCS and their plans to sell the crab for better prices.

    Kyle Potter was previously sentenced to pay a $20,000 fine and complete a five-year term of probation. Welch was ordered to pay a $10,000 fine and complete a three-year term of probation.

    The National Oceanic and Atmospheric Administration Office of Law Enforcement conducted the investigation.

    Related Press Release: District of Alaska | Kodiak fisherman sentenced to prison for directing illegal transport of crab from Alaska | United States Department of Justice

    United States v. Tamichael Elijah, et al.

    • No. 1:24-CR-00005 (Middle District of Georgia)
    • ECS Senior Trial Attorney Ethan Eddy
    • ECS Trial Attorney Leigh Rende
    • AUSA Leah McEwen
    • ECS Law Clerk Amanda Backer

    On May 13 and 14, 2025, the court sentenced the final 11 defendants in this case arising from a large-scale dog fighting event in 2022. All defendants were ordered to pay restitution to the U.S. Marshals Service for the costs of caring for the seized animals.

    • Donnametric Miller was sentenced to 100 months’ incarceration followed by three years of supervised release. Miller will pay $17,129 in restitution.
    • Fredricus White will serve 35 months’ incarceration followed by two years of supervised release. White will pay $13,307 in restitution.
    • Christopher Travis Beaumont was sentenced to 30 months’ incarceration followed by three years of supervised release. Beaumont will pay $17,993 in restitution.
    • Cornelious Johnson will serve 27 months’ incarceration followed by two years of supervised release. Johnson will pay $13,307 in restitution.
    • Terelle Ganzy was sentenced to 24 months’ incarceration followed by two years of supervised release. Ganzy will pay $13,307 in restitution.
    • Terrance Davis was sentenced to 20 months’ incarceration followed by two years of supervised release. Davis will pay $16,424 in restitution.
    • Tamichael Elijah was sentenced to 18 months’ incarceration followed by two years of supervised release. Elijah will pay $50,279 in restitution.
    • Rodrecus Kimble will complete a three-year term of probation to include one year of home detention. Kimble will pay $17,895 in restitution.
    • Timothy Freeman was sentenced to time served and one year of supervised release. Freeman will pay $16,929 in restitution.
    • Herman Buggs, Jr., was sentenced to time served and two years of supervised release. Buggs will pay $16,688 in restitution.
    • Gary Hopkins will complete a two-year term of probation and pay $16,648 in restitution.

    The final two defendants, Brandon Baker and Marvin Pulley, III, are scheduled for sentencing on June 4 and 5, 2025, respectively. Defendant Willie Russell was previously sentenced to 24 months’ incarceration followed by three years’ supervised release, after he pleaded guilty to conspiracy and exhibiting dogs in an animal fighting venture (7 U.S.C. § 2156(a)(1); 18 U.S.C. § 371).

    On April 24, 2022, the defendants held a dog fighting event in Donalsonville, Georgia, that authorities disrupted while in progress. The defendants brought 24 pit bull-type dogs to fight in a series of matches over that weekend.

    The participants used their cars to store dogs that fought previously, as well as those awaiting their turn in the fighting pit. Dogs found in cars bore recent injuries and scars. Additional dogs were kept on chains on the property. Law enforcement rescued 27 dogs, including a badly injured dog that later died from its injuries.

    All defendants but Freeman pleaded guilty to conspiring to violate the animal fighting prohibition of the federal Animal Welfare Act. Beaumont and Miller also pleaded guilty to sponsoring or exhibiting a dog in a dog fight. Baker, Davis, Ganzy, Johnson, Pulley, and White further pleaded guilty to possessing and transporting a dog to use in an animal fighting venture. Freeman pleaded guilty to spectating at an animal fight. Miller and Pulley also pleaded guilty to unlawful possession of a firearm by a person with a prior felony conviction.

    The U.S. Department of Agriculture Office of the Inspector General and the Seminole County, Georgia, Sheriff’s Office conducted the investigation, with assistance from the Bay County, Florida, Sheriff’s Office.

    United States v. Ruben Montes, et al.

    • No. 3:23-CR-02377 (Southern District of California)
    • ECS Assistant Chief Stephen DaPonte
    • AUSA Elizabet Brown

    On May 14, 2025, a court sentenced Ruben Montes to 16 months’ incarceration followed by two years of supervised release. Montes will pay $12,710 in forfeiture for his part in a scheme to smuggle and distribute more than $3 million worth of Mexican pesticides and veterinary drugs that are not approved for use in the United States (18 U.S.C. § 371).

    Since 2020, Montes coordinated the smuggling of pesticides and veterinary drugs from Mexico into the United States. The primary pesticides involved were Taktic and Bovitraz, which are not registered with the Environmental Protection Agency (EPA) for use in the United States. The smuggled veterinary drugs included Tylocet, Terramicina, Tetragent Ares, and Catarrol, which are not approved by the U.S. Food and Drug Administration.

    Montes requested that his co-conspirators bring these pesticides and veterinary drugs from Mexico into the United States. They then hid the pesticides and veterinary drugs in storage units in Calexico and retrieved them for distribution throughout the United States. Montes and Hugo Gutierrez (who remains at large) supplied most of the pesticides and veterinary drugs to individuals charged in another case, United States v. Toledo, et al., No. 22-CR-01965, (S.D. Calif.). Montes was also involved in shipping about 150 packages of unapproved products to another co-conspirator in Texas.

    According to the EPA, the active ingredient in Taktic and Bovitraz is amitraz, which is toxic to bees if released into hives, and then ultimately to humans when it ends up in honey, honeycomb, and beeswax. Misuse of amitraz-containing products in beehives can therefore result in exposures that could cause neurological effects and possibly reproductive effects in humans.

    Homeland Security Investigations, the U.S. Environmental Protection Agency Criminal Investigation Division, the U.S. Food and Drug Administration Office of Criminal Investigations, and the California Department of Toxic Substances Control conducted the investigation.

    United States v. Jonathan Long

    • No. 2:22-CR-00139 (Eastern District of Virginia)
    • AUSA Joseph Kosky

    On May 16, 2025, a court sentenced Jonathan Long to pay a $88,514 fine and complete a 12-month term of probation to include three months of home confinement. Long pleaded guilty to being an accessory after-the-fact to falsifying, tampering with, and rendering inaccurate a monitoring device required by the Clean Air Act (42 U.S.C. § 7413(c)(2)(C); 18 U.S.C. § 3).

    Long owned and operated Open Wide Performance, LLC, which sold aftermarket defeat devices for diesel trucks. Long works as a diesel technician and is an active-duty member of the U.S. Navy, stationed in Norfolk, Virginia.

    Between 2019 and 2020, Long sold “delete kits,” including delete pipes, software, cables, and tunes. Long also helped his customers use this equipment to manipulate their diesel trucks’ onboard diagnostic system. Long earned approximately $300,000 from this criminal enterprise.

    The U.S. Environmental Protection Agency Criminal Investigation Division conducted the investigation.

    United States v. Zackery Brandon Barfield

    • No. 5:25-CR-00011 (Northern District of Florida)
    • ECS Senior Trial Attorney Patrick Duggan
    • AUSA Joseph Ravelo

    On May 21, 2025, a court sentenced Zachary Brandon Barfield to 30 days’ incarceration followed by one year of supervised release. Barfield also will pay a $51,000 fine. Barfield pleaded guilty to three counts of poisoning and shooting dolphins in violation of the Marine Mammal Protection Act and the Federal Insecticide, Fungicide, and Rodenticide Act (16 U.S.C. §§ 1372(a)(2)(A), 1375(b); 7 U.S.C. §§ 136j(a)(2)(G), 136l(b)(2)).

    Barfield is a charter and commercial fishing captain operating out of Panama City, Florida. In the summer of 2022, Barfield became frustrated with dolphins eating red snapper from the lines of charter fishing clients. Between June and August 2022, Barfield began placing a commercial methomyl insecticide inside bait fish to feed to and poison the dolphins that surfaced near his boat.

    While captaining another fishing trip in December 2022, Barfield saw dolphins eating snapper from fishing lines. This time, he used a 12-gauge shotgun to shoot and kill a dolphin that surfaced near his vessel. In the summer of 2023, while on a charter fishing trip, Barfield shot at a dolphin that surfaced near his clients’ fishing lines.

    The National Marine Fisheries Service Office of Law Enforcement conducted the investigation with assistance from the Florida Fish and Wildlife Conservation Commission.

    Related Press Release: Northern District of Florida | Panama City Commercial Fisherman Sentenced for Killing Dolphins in the Gulf of America 

    United States v. Liza Hash

    • No. 1:25-CR-20007 (Southern District of Florida)
    • AUSA Tom Watts-FitzGerald

    On May 23, 2025, a court sentenced Liza Hash to complete a one-year term of probation to include 60 days of home confinement. Hash also will pay a $5,000 fine. She pleaded guilty to discharging oil into United States and contiguous zone waters, in violating of the Clean Water Act (CWA) (33 U.S.C. §§ 1319(c)(2), 1321(b)(3)).

    Hash was the owner and operator of the S/V Juliet, a sailing vessel used for multi-day scuba diving trips between Miami and the Bahamas. Over the course of about six years, Hash’s vessel carried up to 12 passengers per trip, along with the crew, between the U.S. and the Bahamas.

    On June 16, 2023, U.S. Coast Guard investigators boarded the Juliet following its return from the Bahamas. After noticing an active oil sheen originating from the vessel, they conducted a safety examination.

    During the inspection, they noted oily water in the bilge, and a pump connected to the vessel’s grey water tank, to facilitate illegal overboard discharges. Hash had used the vessel’s grey water tank (which is intended to hold liquid waste from the boat’s washer, dryer, sinks, and showers) to store oil-contaminated bilge water and discharge it overboard.

    Investigators estimate that Hash discharged approximately 26,000 gallons of oily water during the five-year period.

    The United States Coast Guard conducted the investigation.

    View All Environmental Crimes Bulletins

    MIL Security OSI –

  • MIL-OSI: Abacus Global Management Announces Share Repurchase Program; Insider Buying

    Source: GlobeNewswire (MIL-OSI)

    ORLANDO, Fla., June 06, 2025 (GLOBE NEWSWIRE) — Abacus Global Management, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leader in the alternative asset management space, today announced that its Board of Directors has authorized a new $20 million share repurchase program, effective June 5, 2025 for over a period of up to 18 months, as well as recent Form 4 and other employee share purchases totaling over $2 million.

    “While it is unfortunate that Abacus Global Management has been subject to a short attack, we believe our artificially depressed share price represents an excellent buying opportunity for the Company,” said Jay Jackson, Chief Executive Officer of Abacus Global Management. “We believe this is validated by our newly authorized share repurchase program, reflecting our Board’s continued confidence in our business model and strength of our balance sheet, and also by our employees who have spent over $2 million combined of their own money in recent share purchases. Our returns and valuation are audited, and consistent with a 20-year track record of generating positive revenue. We will not allow this distraction to affect our continued growth and our day-to-day operations.”

    During the pendency of the stock repurchase program, the Company may repurchase shares from time to time through various methods, including in open market transactions, block trades, accelerated share repurchases, privately negotiated transactions, derivative transactions or otherwise, certain of which may be made pursuant to a trading plan meeting the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in compliance with applicable state and federal securities laws. The timing, as well as the number and value of shares repurchased under the program, will be determined by the Company at its discretion and will depend on a variety of factors, including our assessment of the intrinsic value of the Company’s common stock, the market price of the Company’s common stock, general market and economic conditions, available liquidity, compliance with the Company’s debt and other agreements, applicable legal requirements, the nature of other investment opportunities available to the Company, and other considerations. The Company is not obligated to purchase any shares under the repurchase program, and the program may be suspended, modified, or discontinued at any time without prior notice. The Company expects to fund the repurchases by using cash on hand and expected free cash flow to be generated in the future.

    Abacus is committed to pursuing all available legal remedies against the individuals and entities responsible for orchestrating and disseminating the false and misleading short attack.

    Forward-Looking Statements

    All statements in this press release (and oral statements made regarding the subjects of this press release) other than historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors that could cause actual results to differ materially from such statements, many of which are outside the control of Abacus. Forward-looking information includes but is not limited to statements regarding: Abacus’s financial and operational outlook; Abacus’s operational and financial strategies, including planned growth initiatives and the benefits thereof, Abacus’s ability to successfully effect those strategies, and the expected results therefrom. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “expect,” ‎‎”intend,” “anticipate,” “goals,” “prospects,” “will,” “would,” “will continue,” “will likely result,” and similar expressions (including the negative versions of such words or expressions).

    While Abacus believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business. The factors that could cause results to differ materially from those indicated by such forward-looking statements include, but are not limited to: the ‎fact that Abacus’s loss reserves are bases on estimates and may be inadequate to cover ‎its actual losses; the failure to properly price Abacus’s insurance policies; the ‎geographic concentration of Abacus’s business; the cyclical nature of Abacus’s industry; the ‎impact of regulation on Abacus’s business; the effects of competition on Abacus’s business; the failure of ‎Abacus’s relationships with independent agencies; the failure to meet Abacus’s investment ‎objectives; the inability to raise capital on favorable terms or at all; the ‎effects of acts of terrorism; and the effectiveness of Abacus’s control environment, including the identification of control deficiencies.

    These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties set forth in documents filed by Abacus with ‎the U.S. Securities and Exchange Commission from time to time, including the Annual ‎Report on Form 10-K and Quarterly Reports on Form 10-Q and subsequent ‎periodic reports. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Abacus cautions you not to place undue reliance on the ‎forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Abacus assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Abacus does not give any assurance that it will achieve its expectations.

    About Abacus

    Abacus Global Management (NASDAQ: ABL) is a leading financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services. With a focus on longevity-based assets and personalized financial planning, Abacus leverages proprietary data analytics and decades of industry expertise to deliver innovative solutions that optimize financial outcomes for individuals and institutions worldwide.

    Contacts:

    Investor Relations

    Robert F. Phillips – SVP Investor Relations and Corporate Affairs
    rob@abacusgm.com
    (321) 290-1198

    David Jackson – Director of IR/Capital Markets
    david@abacusgm.com
    (321) 299-0716

    Abacus Global Management Public Relations

    press@abacusgm.com

    The MIL Network –

  • MIL-OSI: Toobit Wins Digital Asset Derivatives Platform of the Year at Hedgeweek Global Digital Assets Awards 2025

    Source: GlobeNewswire (MIL-OSI)

    GEORGE TOWN, Cayman Islands, June 06, 2025 (GLOBE NEWSWIRE) — Toobit, a leading global cryptocurrency exchange, today wins the title of Digital Asset Derivatives Platform of the Year at the Hedgeweek Global Digital Assets Awards 2025, announced during the Hedgeweek Digital Assets Summit Europe on June 5 at County Hall in London.

    This award recognizes standout performance across the digital finance landscape, and this year’s ceremony brought together top fund managers, service providers, and innovators redefining the digital asset economy. Toobit team members were in attendance at the ceremony to receive the award.

    Toobit team members Mike Williams (left) and Kelvin Verveld at the Hedgeweek Digital Assets Summit Europe, where Toobit received Digital Asset Derivatives Platform of the Year.

    The win, determined by industry professionals, Hedgeweek readers, and public voting, celebrates Toobit’s technological innovations, rapid growth in derivatives trading volume, and growing global presence across institutional and retail markets.

    Voting began on March 24 following the shortlist announcement, with the three-week campaign reaching Hedgeweek’s extensive readership and the broader digital assets community. Winners were determined by majority vote.

    Toobit stood out in a competitive field for its robust infrastructure and precision-engineered trading systems, which have enabled thousands of institutional and retail users to navigate volatile markets with speed and confidence. Its platform continues to attract traders seeking reliable, scalable solutions in the evolving world of digital assets.

    “We are honored to be named Digital Asset Derivatives Platform of the Year by Hedgeweek,” said Mike Williams, Chief Communication Officer at Toobit. “For Toobit, this recognition is not just an award—it’s a reflection of the trust our traders have shown us. We’ve built Toobit with a focus on performance, transparency, and global accessibility, and we’re proud to see that vision resonating with the broader industry.”

    This latest win marks Toobit’s third major award in 2025, following recent recognitions from the WeMoney FinTech Awards, where it was named Best New Cryptocurrency Exchange and Best for Derivatives, and the World Business Outlook Awards, where it earned the title of Best Crypto Exchange MENA 2025.

    These accolades underscores Toobit’s momentum as a trusted and innovative force in the global digital asset landscape.

    To learn more about Toobit and its product offerings, visit www.toobit.com.

    About Toobit

    Toobit is where the future of crypto trading unfolds—an award-winning cryptocurrency derivatives exchange built for those who thrive exploring new frontiers. With deep liquidity and cutting-edge technology, Toobit empowers traders worldwide to navigate the digital asset markets with confidence. We offer a fair, secure, seamless, and transparent trading experience, ensuring every trade is an opportunity to discover what’s next.

    For more information about Toobit, visit: Website | X | Telegram | LinkedIn | Discord | Instagram

    Contact: Davin C.

    Email: market@toobit.com

    Website: www.toobit.com

    Disclaimer: This is a paid post and is provided by Toobit. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/daf8fed2-7f52-4657-acd5-de7ea7ea996e

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2ccf319e-446b-4f83-97bd-14a064d4219e

    The MIL Network –

  • MIL-OSI USA: Update on Statewide Air Quality Monitoring to Keep NY’ers Safe

    Source: US State of New York

    overnor Kathy Hochul today issued an update on the State’s comprehensive air monitoring efforts to track air quality statewide and keep New Yorkers safe this summer. New York residents and visitors are reminded to include air quality awareness in their daily warm weather routines. In addition, New York State is issuing an Air Quality Health Advisory for today, Friday, June 6, for the Adirondacks, Eastern Lake Ontario, and Western New York regions for fine particulate matter pollution caused by wildland fires in Western Canada.

    “Using the latest science and data, New York continues to track air quality conditions across the State to keep New York communities safe,” Governor Hochul said. “As temperatures begin to climb during the summer months and less predictable factors like distant wildfires occur, I strongly encourage New Yorkers to stay informed and prepare for changes in air quality by paying attention to the State’s Air Quality Health Advisories and take necessary precautions to stay safe.”

    The New York State Department of Environmental Conservation (DEC) provides daily air quality forecasts to ensure air quality information is available at New Yorkers’ fingertips. While New York State has some of the nation’s most stringent air quality regulations to reduce air pollution and protect public health and the environment, there are certain days that ozone or particulate matter can impact air quality in your community.

    Using data collected from more than 50 sites across the state, DEC and Department of Health (DOH) issue Air Quality Health Advisories when DEC meteorologists predict levels of pollution, either ozone or fine particulate matter (PM2.5), are expected to exceed an Air Quality Index (AQI) value of 100. The AQI was created as an easy way to correlate levels of different pollutants to one scale, with a higher AQI value indicating a greater health concern. 

    An Air Quality Health Advisory for PM2.5 is being issued for Friday, June 6, 2025, for the Adirondacks, Eastern Lake Ontario, and Western New York regions due to the impact of smoke from wildfires in Canada.

    New Yorkers are encouraged to check airnow.gov for accurate information on air quality forecasts and conditions. Information about exposure to smoke from fires can be found on DOH’s website.

    DEC Commissioner Amanda Lefton said, “It is critical that New Yorkers be Air Quality Aware this summer to stay safe and healthy“ DEC continues to track air quality across the state and works with our partners at the Department of Health to keep the public informed about how to protect themselves and their families and reduce their exposure to air pollution. New Yorkers can visit DEC’s website for the daily forecast or use trusted sources like EPA’s AirNow app, which uses air quality data provided by DEC’s statewide monitoring network.”

    New York State Health Commissioner Dr. James McDonald said, “Pollutants like particulate matter from wildfires or ground-level ozone can pose serious health risks—especially for those with heart conditions or lung disease such as asthma, as well as the very young, those over 65 years old and pregnant people. Just as you check the weather on your phone each morning, we encourage all New Yorkers to visit to airnow.gov for the latest air quality forecast and be on the lookout for Air Quality Health Advisories from the Department of Environmental Conservation and the Department of Health. When air quality is poor, protect yourself by staying inside, reduce exposure and minimize exertion when outdoors.”

    Air pollution can harm public health and natural resources in a variety of ways. Hot summer weather sets the stage for two major pollutants of concern for human health: the formation of ozone and fine particulate matter (PM2.5), tiny solid particles or liquid droplets in the air that are 2.5 microns or less in diameter. Fish and wildlife show harmful effects from acid rain and mercury in air. Greenhouse gases in the air are changing the world’s climate and contributing to harmful impacts including extreme heat, deadly flooding, drought, fires, rising sea levels, and severe storms.

    Extreme Heat

    Governor Hochul recently highlighted new and enhanced resources available to protect New York communities from extreme heat this summer as recommended by the State’s Extreme Heat Action Plan, including:

    • New support for cooling at home: With the new Essential Plan Cooling program, NY State of Health will provide eligible Essential Plan members a free air conditioner to help keep their homes cool. This will complement assistance available in 2025 through the HEAP Cooling program which served more than 23,000 households in 2024.
    • Better access to cooling centers: New resources are available to help connect New Yorkers with safe spaces for cooling. The New York State Department of Health and Division of Homeland Security and Emergency Services (DHSES) will continue to coordinate with local health departments and emergency managers to update the Cooling Center Finder throughout summer 2025. DOH offers new resources to provide information about best practices for setting up cooling centers and how these locations could serve as clean air centers. Round 8 of the Climate Smart Communities grant program is now open, making $22 million available to fund GHG mitigation and climate adaptation projects, including establishing cooling centers.
    • Additional support for cool buildings: Funding available through the New York State Energy Research and Development Authority (NYSERDA) supports weatherization and clean and efficient heating and cooling that can improve extreme heat resilience at homes, community anchor institutions, schools, and more. The Office of General Services’ new “Decarbonization and Climate Resiliency Design Guide” was released for new and majorly renovated State building projects to assess and reduce climate risk (including extreme heat and Urban Heat Islands) through proactive design.
    • New investments in cool schools: The Education Law newly requires public school districts and BOCES to develop an extreme heat policy, which establishes certain temperature thresholds. NYSERDA offers additional funding to install clean cooling and heating at schools, for example through funding as part of the Clean Water, Clean Air and Green Jobs Environmental Bond Act.
    • Enhanced tools and funding for cool communities: Extreme heat advice and forecasts for New Yorkers, preliminary extreme heat exposure maps and DOH’s Heat Vulnerability Index help communities understand exposure and vulnerabilities. Programs such as Climate Smart Communities fund communities in planning, designing, and implementation solutions. New and expanded funding supports nature-based solutions such as urban forests, urban farms, and community gardens to cool neighborhoods and mitigate heat islands. Governor Hochul’s New York Statewide Investment in More Swimming (NY SWIMS) initiative expanded outdoor swimming through the Connect Kids to Swimming Instruction Transportation grant program and advanced capital projects for swimming facilities in underserved communities through the NY SWIMS Round One competitive grant program.

    DOH recently launched an interactive New York State Heat Risk and Illness Dashboard that allows the public and county health care officials to determine the forecasted level of heat-related health risks in their area and raise awareness about the dangers of heat exposure.

    Check out “DEC Does What?!” podcast episode #4 The Air Up There (May 2024) where air pollution meteorologists explain the Air Quality Index and how to use it, how weather conditions and different seasons can affect air quality, whether New Yorkers have to worry about wildfire smoke, and what it’s like to measure air quality in Antarctica.

    MIL OSI USA News –

  • MIL-OSI Security: Federal Agent Charged with Production of Child Sexual Abuse Material

    Source: US FBI

    MINNEAPOLIS – Homeland Security Investigations Special Agent Timothy Ryan Gregg has been charged via federal complaint with production of child pornography, announced Acting U.S. Attorney Joseph H. Thompson.

    According to court documents, Timothy Ryan Gregg, 51, of Eagan, Minnesota, attempted, coerced, and enticed a minor victim to take part in sexually explicit conduct for the purpose of producing child pornography.  According to court documents, the father of the minor victim discovered multiple sexually explicit images and videos on the minor victim’s cell phone.  These images and videos depicted the minor and an older individual engaged in sexually explicit activity.  The individual in the images and videos were later identified as Timothy Gregg, who is a Special Agent with Homeland Security Investigations and a Task Force Officer with the Federal Bureau of Investigation.

    “The U.S. Attorney’s Office will always hold defendants in positions of public trust to account, particularly when they commit crimes against vulnerable children,” said Acting U.S. Attorney Joseph H. Thompson.  “I am proud of the swift and decisive action of the FBI and the Rochester Police Department, who responded immediately and worked together to take Gregg safely into custody.”

    “The allegations in this case represent a gross violation of both the law and the responsibilities entrusted to those who wear a badge,” said Special Agent in Charge Alvin M. Winston Sr. of FBI Minneapolis. “There is no place in law enforcement — or in any position of public trust — for those who exploit minors. The FBI remains steadfast in our commitment to investigate such acts and ensure that no one is above the law, regardless of their rank or role.”

    Gregg made his initial appearance in U.S. District Court today, before Magistrate Judge Dulce J. Foster, and was ordered to remain in custody pending further proceedings.

    The U.S. Attorney’s Office thanks the FBI and the Rochester Police Department for their investigation and hard work. The U.S. Attorney’s Office also thanks Homeland Security Investigations for their assistance in safely apprehending the defendant.

    Assistant U.S. Attorney Harry M. Jacobs is prosecuting the case.

    A complaint is merely an allegation, and the defendant is presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI –

  • MIL-OSI: XAI Madison Equity Premium Income Fund Will Host its Q1 2025 Quarterly Webinar on June 11, 2025

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, June 06, 2025 (GLOBE NEWSWIRE) — XAI Madison Equity Premium Income Fund (NYSE: MCN) (the “Fund”) today announced that it plans to host the Fund’s Quarterly Webinar on June 11, 2025 at 11:00 am (Eastern Time). Jared Hagen, Vice President at XA Investments (“XAI”), will moderate the Q&A style webinar with Kimberly Flynn, President at XAI, and Ray Di Bernardo, Portfolio Manager at Madison Investments.

    TO JOIN VIA WEB: Please go to the Knowledge Bank section of xainvestments.com or click here to find the online registration link.

    TO USE YOUR TELEPHONE: After joining via web, if you prefer to use your phone for audio, you must select that option and call in using a number below, based on your current location.

    Dial: (312)-626-6799 or (646)-558-8656 or (267)-831-0333 or (720)-928-9299 or
    (213)-338-8477
    Webinar ID: 854 3642 0691

    REPLAY: A replay of the webinar will be available in the Knowledge Bank section of xainvestments.com.

    The Fund’s primary investment objective is to provide a high level of current income and gains, with a secondary objective of capital appreciation. The Fund pursues its investment objectives by investing in a portfolio consisting primarily of high quality, large and mid-capitalization stocks that are, in the view of the Fund’s Investment sub-adviser, selling at a reasonable price in relation to their long-term earnings growth rates. The Fund will, on an ongoing and consistent basis, sell covered call options on its portfolio stocks to seek to generate current earnings from option premiums. There can be no assurance that the Fund will achieve its investment objectives. The Fund’s common shares are traded on the New York Stock Exchange under the symbol MCN.

    About XA Investments
    XA Investments LLC (“XAI”) serves as the Trust’s investment adviser. XAI is a Chicago-based firm founded by XMS Capital Partners in April 2016. In addition to investment advisory services, the firm also provides investment fund structuring and consulting services focused on registered closed-end funds to meet institutional client needs. XAI offers custom product build and consulting services, including development and market research, sales, marketing, fund management and administration. XAI believes that the investing public can benefit from new vehicles to access a broad range of alternative investment strategies and managers. XAI provides individual investors with access to institutional-caliber alternative managers. For more information, please visit www.xainvestments.com.

    About XMS Capital Partners

    XMS Capital Partners, LLC, established in 2006, is a global, independent, financial services firm providing M&A, corporate advisory and asset management services to clients. It has offices in Chicago, Boston and London. For more information, please visit www.xmscapital.com.

    About Madison Investments
    Madison Investments (Madison) is an independent investment management firm based in Madison, Wisconsin. The firm was founded in 1974, has approximately $28 billion in assets under management as of March 31, 2025, and is recognized as one of the nation’s top investment firms. The firm has managed covered call strategies for over 20 years through various market cycles. Madison offers domestic fixed income, U.S. and international equity, covered call, multi-asset, insurance, and credit union investment management strategies. For more information, please visit www.madisonfunds.com.

    XAI does not provide tax advice; please consult a professional tax advisor regarding your specific tax situation. Income may be subject to state and local taxes, as well as the federal alternative minimum tax.

    Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the Trust carefully before investing. For more information on the Trust, please visit the Trust’s webpage at www.xainvestments.com.

    This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

             
    NOT FDIC INSURED        NO BANK GUARANTEE    MAY LOSE VALUE
             

    Paralel Distributors, LLC – Distributor

    Media Contact:

    Kimberly Flynn, President
    XA Investments LLC
    Phone: 312-374-6931
    Email: kflynn@xainvestments.com
    www.xainvestments.com

    The MIL Network –

  • MIL-OSI: CORRECTION – Binah Capital Group Announces PKS Investments as Finalist in Two Categories for the 2025 Wealth Management Industry Awards

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) — In a release issued under the same headline on Thursday, June 5th by Binah Capital Group (Nasdaq: BCG), please note that the last sentence of the first paragraph has been revised. The corrected release follows:

    Binah Capital Group, Inc. (“Binah Capital”) (NASDAQ: BCG), a financial services enterprise supporting the growth of independent financial advisors, today announced that PKS Investments (“PKS”), a Binah Capital Group company, has been named a finalist in two categories for the prestigious 2025 Wealth Management Industry Awards (“The Wealthies”). The categories are Transition Support / Transition Services, recognizing PKS’s excellence in advisor transition solutions, and Chief Executive of the Year, recognizing Katherine Flouton of PKS Investments.

    This dual recognition underscores Binah’s unmatched commitment to leadership and operational excellence in supporting independent financial advisors through critical growth and transition stages.

    With decades of experience and a proven, scalable process, PKS has successfully supported thousands of advisor transitions, helping firms navigate change with confidence, clarity, and continuity. Through high-touch service model, operational excellence, and strategic leadership, PKS has redefined the benchmark for transition support within the wealth management industry.

    “We are incredibly proud to see Katherine Flouton and PKS Investments recognized among the industry’s top innovators,” said Craig Gould, Chief Executive Officer of Binah Capital Group. “These nominations reflect our unwavering commitment to empowering independent advisors with the leadership, infrastructure, and flexibility they need to thrive in an evolving landscape.”

    Now in its 11th year, the Wealth Management Industry Awards is the only awards program of its kind to honor outstanding achievements by companies, organizations and individuals that support financial advisor success.

    A panel of judges made up of top names in the industry, led by WealthManagement.com director of editorial strategy and operations David Armstrong, chose the finalists and will determine the winners, which each year recognizes the firms and individuals who are bringing new innovations to market that make a real difference to the daily activities of financial advisors. Winners will be announced at a gala and awards ceremony in New York City on September 4th.

    About Binah Capital Group
    Binah Capital Group (“Binah Capital”, “Binah” or the “Company,” is a financial services enterprise that owns and operates a network of industry-leading firms that empower independent financial advisors. As a national broker-dealer aggregator, Binah specializes in delivering value through its innovative hybrid-friendly model, making it an optimal platform for RIAs navigating today’s complex financial landscape. Binah’s portfolio companies are built to help advisors run, manage, and execute commission-based business seamlessly while providing best in class resources to support their advisory practice. We don’t just offer tools—we cultivate partnerships. Binah Capital Group stands alongside RIAs as a trusted ally, delivering the structure, flexibility, and cutting-edge solutions they need to succeed in an increasingly competitive marketplace. For more, please visit: www.binahcap.com.

    About Purshe Kaplan Sterling Investments
    Purshe Kaplan Sterling Investments (PKS) is a leading independent broker-dealer offering comprehensive support services for financial advisors nationwide. PKS’s flexible affiliation models, operational precision, and client-first philosophy enable advisors to deliver outstanding service while growing their businesses with confidence.

    Contact:

    Binah Capital Investor Relations
    ir@binahcap.com

    Binah Capital Public Relations
    media@binahcap.com

    The MIL Network –

  • MIL-OSI Security: Georgia Man Sentenced to Prison for Illegally Possessing Machinegun at Hospital

    Source: Office of United States Attorneys

    Defendant, a Rap Musician Known as Quez 2RR, Had Stolen Weapon in Labor and Delivery; Federal Case Linked to Ongoing Metro Atlanta Shooting Investigation

    MACON, Ga. – A Henry County resident who had a stolen Glock 9mm handgun with a loaded 30-round extended magazine capable of converting to a fully automatic weapon while at the Labor and Delivery unit of a hospital was sentenced to serve more than five years in prison—above federal sentencing guidelines—for his crime.

    Terrell Monquez Searcy, 21, of McDonough, Georgia, was sentenced to serve 66 months in prison to be followed by three years of supervised release by U.S. District Judge Tilman E. “Tripp” Self on June 4. Searcy previously pleaded guilty to one count of possession of a machinegun on March 21, 2025. There is no parole in the federal system.

    “Holding people found in possession of machineguns and with illegal conversion devices accountable for breaking federal law remains a top priority in the Middle District of Georgia,” said Acting U.S. Attorney C. Shanelle Booker. “This case exemplifies how law enforcement and prosecutors work together to effectively remove illegal firearms and other dangerous destructive devices from the streets in order to make our communities safer.”

    “Machinegun conversion devices are fueling a deadly uptick in gun violence, turning routine firearms into weapons of war,” said ATF Acting Assistant Special Agent in Charge Thomas Crawford of the Atlanta Field Division. “This case is yet another example of why ATF is committed to aggressively identifying and removing these illegal devices from our communities.”

    According to court documents, the stipulation of facts and other statements made in Court, Monroe Police Department officers were dispatched to Piedmont Walton Hospital on Aug. 17, 2023, after a nurse observed Searcy in a Labor and Delivery room with a handgun, which is prohibited in the hospital. When hospital security came to the room, Searcy admitted he did have a handgun and that he put it under the couch cushion. He gave the firearm—a Glock Model 17 9mm handgun with a loaded 30-round extended magazine—to security and remained in the room. Hospital security noticed that a full auto sear pin appeared to have been attached to the rear of the slide, making the firearm a machinegun, prompting the call by hospital security to police. Police ran the serial number on the firearm and found out it was reported stolen from Walton County, Georgia. Searcy was taken into custody.    

    ATF agents tested the firearm and confirmed it did function as a machinegun. Further investigation revealed that Searcy, a rapper known as Quez 2RR, had showcased a pistol with what appeared to be a machinegun conversion device in music videos on a YouTube channel. In a music video titled “Traffic,” Searcy rapped, “I pop out a switch on the back of my Glock” and “I put a switch on the back of my Glock, just to clean up the street when it’s time for that action.” At one point in the video, Searcy’s holding a pistol in his waistband with what appears to be a machinegun conversion device attached to the back.

    Following the federal indictment charging Searcy with possessing a machine gun in August 2024, agents located Instagram messages between Searcy and a female law enforcement officer with the Clayton County Police Department. Between January and March 2023, Searcy asked the police officer to run his information to see if there were any warrants for his arrest. The police officer also provided information to Searcy regarding an active homicide investigation. During an interview with Clayton County Police Department detectives, the officer admitted to providing Searcy with information on an active homicide investigation and advising Searcy when she located active warrants for his arrest.

    On Feb. 11, 2025, members of the ATF, McDonough Police Department and Henry County Sheriff’s Office executed a federal search warrant at Searcy’s residence in McDonough, Georgia. Searcy and two other men were in the home along with several firearms. The defendant told agents that he had been living at the residence for a couple of months, that he slept with a Draco firearm under his bed and that the Glock 17 found in the living room belonged to him. ATF agents submitted test fires from both firearms to the National Integrated Ballistic Information Network (NIBIN) to determine if either firearm had been used in other crimes. The Micro Draco recovered from Searcy’s bedroom returned with several NIBIN leads, including two from the DeKalb County Police Department. Both DeKalb County incidents indicated that the Micro Draco was used in a drive-by shooting in DeKalb County where four people, including two juveniles, were shot inside their homes. Each shooting occurred within just days of Searcy receiving information from the Clayton County police officer on the active Clayton County homicide where his friend was shot and killed.

    The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) investigated the case, with assistance from the City of Monroe Police Department, Clayton County Police Department, McDonough Police Department, Henry County Sheriff’s Office, the Dekalb County Police Department and the Piedmont Walton Hospital Security Department.

    Assistant U.S. Attorney Daniel Peach prosecuted the case for the Government.
     

    MIL Security OSI –

  • MIL-OSI USA: Kaptur Condemns $3.7 Billion In DOE Cuts To American Manufacturing Nationwide

    Source: United States House of Representatives – Congresswoman Marcy Kaptur (OH-09)

    Toledo, OH – Today, Congresswoman Marcy Kaptur (OH-09) Ranking Member of the House Appropriations Subcommittee on Energy and Water Development released the following statement upon the news that the Department of Energy has cancelled 24 projects nationwide, totaling $3.7 Billion in investment in American manufacturing, including a $45.1 Million investment in an Industrial Demonstration Project for Libbey Glass LLC’s Toledo, Ohio facility.

    “The abrupt termination of $3.7 Billion in clean energy investment is shortsighted and malicious. This decision will raise energy costs for American families and undermine our nation’s competitive edge. In Northwest Ohio, it endangers jobs, and undermines manufacturing in our critical glass industry, while empowering China and our global competitors,” said Congresswoman Marcy Kaptur (OH-09). “Nationwide, DOE is not only raising the cost of energy in Red Districts and Blue Districts — we’re ceding ground to global competitors racing ahead in innovation and energy efficiency. This decision undercuts American innovation, discourages private-sector investment, and harms workers like the ones I represent who are counting on these projects for jobs and economic revitalization. The American people deserve leadership that meets the moment — not one that backs away from the challenge of a clean, affordable energy future. If the Trump Administration was looking to give Communist China everything they wanted, they are well on their way.”

    Below are a list of actions Ranking Member Kaptur has taken related to DOE’s frozen funding and award cancelations

     since the start of the Trump Administration:

    1. Jan. 31, 2025: Sent letter to DOE Acting Secretary regarding funding freeze
      1. Kaptur, Murray Demand Answers on Trump Administration Freezing Energy Department Investments to Lower Americans’ Energy Costs
      2. Rep. Kaptur co-led a letter with Sen. Murray.
    2. Feb. 13, 2025: Released factsheets on funding freeze impacts
      1. Kaptur, DeLauro Release Seven Fact Sheets Detailing How Trump’s Funding Freeze is Raising Energy Prices and Undermining Energy Dominance
      2. Seven factsheets were released which detail how the funding freeze impacts each state for the programs listed below.
        1. Home energy rebate program
        2. Electric grid programs
        3. Hydrogen hubs program
        4. Battery manufacturing programs
        5. Industrial demonstrations program
        6. Weatherization assistance program
        7. Loan program
    3. Feb. 26, 2025: Sent follow-up letter to Jan. 31 letter on funding freeze
      1. Kaptur, Murray Follow-Up, Demand Answers from Trump DOE as it Continues to Block Investments to Lower Americans’ Energy Costs
      2. Rep. Kaptur again co-led a letter with Sen. Murray to Secretary Wright..
    4. Apr. 2, 2025: Sent letter to DOE Acting Inspector General regarding award cancelations
      1. House Energy Leaders Call for Investigation into Department of Energy’s Scheme to Cancel Awards and Contracts
      2. Rep. Kaptur co-led a letter with Rep. DeLauro, Rep. Pallone, Rep. Castor, Rep. Lofgren and Rep. Ross calling for an investigation into the agency’s scheme to cancel competitively awarded contracts and potential for political targeting.
    5. May 7, 2025: Pushed Secretary Wright at Department of Energy budget hearing on funding freezes and cuts at DOE
      1. Ranking Member Kaptur Remarks at Fiscal Year 2026 US Department of Energy Budget Hearing
      2. Transcript of Ranking Member Kaptur exchange with Secretary Wright:

    RANKING MEMBER MARCY KAPTUR:

    So one of the things I have to ask about is my own district. I don’t understand why there was a project that was to be awarded to a glass company. And for some reason, it was pulled or it’s sitting somewhere over there, and it has caused all kinds of problems for the company. You’re a businessman. You would understand this if I can find the right sheet here.

    There’s so many sheets of paper. It’s called Libbey glass and they have two furnaces. I come from an industrial part of America and life there has been hell for a long time because we forgot what the defense industrial base of this country really is. And we’ve been trying to catch up, but it’s been hard.

    And oh, here it is. OK. So the department had $6 billion in DOE investments that were leveraged with $14 billion of private sector investment. And one of those companies, Libbey Glass, which gave me permission to even use their — I’m even afraid to use their name in public. They’re a great company. They’re a legacy company in our community.

    I’ll start to cry. They’re generous and they work hard. And they are to replace four regenerative furnaces with two larger hybrid electric furnaces to reduce the carbon intensity of its Toledo Ohio facility by up to 50 percent. And the department is considering canceling more than 60 percent of their industrial demonstration projects, which would be devastating to our community.

    And this is a company that never left the city. They didn’t go out into the suburbs, OK, and break more ground. They’re a responsible company. And for this award review and cancellation process, how is DOE or any part of your administration assessing which DOE projects will be canceled or continued? What criteria are you using?

    And even if DOE chooses not to cancel any of these awards, these actions are creating mass confusion. Unemployment is going up in our area, by the way, and companies have canceled almost $8 billion in energy manufacturing projects so far just this year, five times more than was canceled last year. So given your private sector background, what can you do to help me understand what is happening to this particular company in the review process? Where are they?

    SECRETARY CHRIS WRIGHT:

    Representative Kaptur, I appreciate your passion for industrial America, keeping the industries we have, bringing new industries home. We are so aligned on that. It’s one of the things I’m excited about this administration. We’ve outsourced so many of those jobs overseas. I was lucky. I grew up in suburban America and got a great education.

    I’ve had a dreamy life. I could have been born somewhere else. I could have had a very different life. I share your passion.

    RANKING MEMBER MARCY KAPTUR:

    Thank you.

    SECRETARY CHRIS WRIGHT:

    I share your passion. So I think I mentioned briefly, I walk into a department that I am very passionate about energy and all that. I want to support as many activities and projects as we can, to save American industry and grow American industry. So fully aligned on that. I think I gave the numbers before, but I walked into a thing where $100 billion had been shoveled out the door in 76 days.

    SECRETARY CHRIS WRIGHT:

    I’m responsible for that money now, either in money out the door or committed to money to go out the door. I can’t look at American taxpayers, including taxpayers in your district and say, yes, we invested $2 billion and we built a bridge to nowhere. We built something and now it’s just closed because it had no marketplace, it had nowhere to go. So let me give you a quick little summary. So the answer is we haven’t canceled any projects because we’ve been slow and careful and deliberative. We’ve developed a process. And in the next few months, we will run hundreds of projects, including those through our thing.

    And if it’s viable and it’s going to create jobs and it’s going to do these great things, we’re going to support that project. And the simple little criterion we’re looking at is legal, um, that technology, is the technology viable? Is the engineering done competently? Is there a market for the thing that’s being built?

    Is there a financial model that that co-funding is coming in together with the DOE funding, so the project can be complete? And does it add to national or economic security? It sounds like that one, if all the other things work certainly would. And it is aligned with this agenda?

    RANKING MEMBER MARCY KAPTUR:

    Mr. Secretary, thank you for that, putting that on the record, but that was already approved. You are reviewing something that was — all the appropriated money was already there. Those decisions had been made. So that is a very — this is a very strange process because that — those dollars weren’t to be spent, um, already as we work toward the ’26 budget.

    1. May 12, 2025: Released factsheet highlighting Secretary Wright’s Lies at Hearing
      1. Kaptur and DeLauro Expose Energy Secretary’s Lies

    # # #

    MIL OSI USA News –

  • MIL-OSI Security: Big Island Attorneys and Businessman Found Guilty of Bribery

    Source: US FBI

    HONOLULU – After a three-week trial before United States District Judge Jill A. Otake, a federal jury today found Paul Joseph Sulla, Jr., 78, Gary Charles Zamber, 55, and Rajesh P. Budhabhatti, 65, guilty of conspiracy to commit honest services wire fraud and nine counts of honest services wire fraud. Sulla was additionally convicted of money laundering. Sentencing is set for October 7, 2025 for Zamber, October 8, 2025 for Budhabhatti, and October 21, 2025 for Sulla. The defendants were permitted to remain released on bail pending sentencing. 

    At trial, the evidence showed that Sulla and Zamber, both attorneys living on the island of Hawaii (“Big Island”), and Budhabhatti, a private businessman on the Big Island, paid bribes and kickbacks to Alan Rudo, a Housing Specialist for the Hawaii County Office of Housing and Community Development, in exchange for Rudo using his official position to ensure the County approved three affordable housing agreements (AHAs) benefitting the defendants’ development companies Luna Loa Developments, LLC, West View Developments, LLC and Plumeria at Waikoloa, LLC. Although the defendants promised in the AHAs to build affordable housing for the citizens of Hawaii County, their development companies never built a single unit. Through the AHAs, the defendants fraudulently obtained at least $10,980,000 worth of land and excess affordable housing credits (AHCs). From that amount, the defendants paid or attempted to pay Rudo approximately $1,931,778 in bribes and kickbacks. 

    The defendants were convicted of one count of conspiracy to commit honest services wire fraud, which carries a maximum sentence of 20 years imprisonment, and nine counts of honest services wire fraud, each of which also carries a maximum sentence of 20 years. Sulla alone was charged with and convicted of money laundering, which carries a maximum sentence of ten years. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and other statutory factors. 

    Alan Rudo, who testified at trial, previously pled guilty in July 2022 to conspiring to commit honest services wire fraud in connection with the bribery and kickback scheme. Rudo is scheduled to be sentenced on August 13, 2025. 

    “Today’s verdict reiterates our unwavering message to those who bribe and attempt to buy the discretion of Hawaii’s public officials at the expense of the public’s trust and the integrity of our public institutions—you will be federally prosecuted and brought to justice,” said Acting United States Attorney Ken Sorenson. “Our office will continue to root out and vigorously pursue those who engage in public corruption or who violate their positions of public trust.” 

    “The defendants in this investigation defrauded their own community for personal financial gain,” said FBI Honolulu Special Agent in Charge David Porter.  “The corruption of government officials corrodes public trust and weakens our communities. The FBI will continue to aggressively pursue these cases to protect and maintain public trust and hold criminals accountable.” 

    “This verdict marks an important step toward accountability and reinforces the importance of integrity in public service,” said County of Hawaii Mayor Kimo Alameda. “We understand the impact this case has had on our community and remain committed to restoring trust. Since the initial findings, the Office of Housing and Community Development has taken concrete actions to strengthen internal controls, improve oversight, and ensure that public resources are managed responsibly and transparently. These changes reflect our commitment to kuleana— our shared responsibility—to serve with integrity and protect community resources.”

    The Federal Bureau of Investigation investigated the case. Assistant U.S. Attorneys Mohammad Khatib and Margaret Nammar and Trial Attorney William Gullota, of the Department of Justice, Criminal Division, Public Integrity Section, prosecuted the case.

    MIL Security OSI –

  • MIL-OSI USA: Luján, Finance Democrats Demand Committee Markup of Republican Reconciliation Bill

    US Senate News:

    Source: United States Senator Ben Ray Luján (D-New Mexico)
    Washington, D.C. – Today, U.S. Senator Ben Ray Luján (D-N.M.), Ranking Member Ron Wyden (D-Ore.), Leader Charles Schumer (D-N.Y.), and every Democrat on the Senate Finance Committee, demanded the committee Republicans schedule a markup of the Republican bill that would slash health care and clean energy tax credits to pay for handouts to corporations and the wealthy. Republicans have not held a single hearing in the Finance Committee to examine or justify the effects of their proposals, and if they bypass a committee vote, the Senate’s only public debate on the destructive, sweeping legislation will happen on the floor in a restricted time frame predetermined by Senate rules.
    “The American people deserve a chance to hear Republicans justify their economic agenda that would terminate health coverage for 16 million kids, seniors, people with disabilities, and families, while adding trillions of new debt—all to fund tax cuts for the rich and big corporations. A markup is the last opportunity for us to have that debate at the committee level,” Finance Democrats wrote in a letter to Finance Committee Chairman Mike Crapo, R-Idaho. “If there is no markup, the American people will have to assume Republicans either find their proposals impossible to defend under real scrutiny or lack the votes to report a bill out of the committee.”
    The most damaging policies in the reconciliation bill fall under the Finance Committee’s jurisdiction, including tax handouts costing $7 trillion, the largest Medicaid cut in history, and hundreds of billions in ACA cuts that dismantle the program. A new, independent analysis estimates that more than 51,000 people will die every year as a direct result of the health care cuts in the Republican reconciliation bill and their refusal to extend the Affordable Care Act premium tax credits.  
    “If Trump and Republicans in Congress are going to deprive millions of Americans of their health care so that millionaires and rich corporations can get massive tax cuts, it should not be done in secret backroom negotiations. It should be done in the light of day, including through a full markup in the Senate Finance Committee,” Finance Democrats concluded. 
    The text of the letter is available here. 

    MIL OSI USA News –

  • MIL-OSI USA: Heinrich, Luján Slam Trump Administration for Illegally Gutting Agency Dedicated to Growing Local Businesses

    US Senate News:

    Source: United States Senator Ben Ray Luján (D-New Mexico)
    Amid Commerce Department’s stonewalling, senators ask GAO to investigate if Trump officials violated the law or engaged in misconduct & what officials are doing with funding Congress appropriated to serve minority enterprises & create jobs
    WASHINGTON — U.S. Senators Martin Heinrich (D-N.M.) and Ben Ray Luján (D-N.M.), a member of the Senate Commerce Committee, joined U.S. Senators Maria Cantwell (D-Wash.), Tammy Baldwin (D-Wis.), Lisa Blunt Rochester (D-Del.), and Ed Markey (D-Mass.) to slam the Trump Administration for its illegal dismantling of the Minority Business Development Agency (MBDA). The senators asked the U.S. Government Accountability Office (GAO) to investigate whether actions by Trump Commerce Department officials or others in the Administration violated Congressional directives, the extent to which they undermined MBDA’s Congressional mandate, and whether any officials have engaged in misconduct.
    “On May 2, 2025, the White House released its recommendations on discretionary funding levels for fiscal year (FY) 2026, which expressly acknowledge that the Commerce Department under Secretary Howard Lutnick has ‘fully eliminated’ the MBDA,” the senators wrote in a letter to GAO Comptroller General Gene Dodaro. “Prior to this admission, my colleagues and I repeatedly raised concerns about the Department’s efforts to dismantle the MBDA unilaterally, particularly given Secretary Lutnick’s clear testimony during his confirmation hearing stating he did not support dismantling the agency. We sent multiple letters to Secretary Lutnick and the Department seeking basic information about the current state of the MBDA. To date, the Department has failed to substantively respond to any of our requests, and it is becoming increasingly clear that Department leadership is not taking these concerns seriously.”
    The senators have raised concerns and demanded accountability and answers from the Trump Administration since the president issued his unlawful executive order. This letter follows a letter the senators wrote to Keith Sonderling, Acting Under Secretary for MBDA, demanding the Trump Administration detail its compliance with a May 13 federal court injunction ordering it to stop the illegal dismantling of the agency and reinstate its personnel and grantmaking capacities. The senators previously sent a May 1, 2025 inquiry to Sonderling to demand he promptly turn over key documents and information related to the dismantling of the MBDA and recent funding termination notices sent to all grantees by DOGE. On June 3, the senators also sent a letter to the Government Accountability Office (GAO) requesting that they investigate whether actions by Trump Commerce Department officials or others in the Administration violated congressional directives, the extent to which they undermined MBDA’s congressional mandate and whether any officials have engaged in misconduct.
    In October 2024, Heinrich led the unveiling of a new, larger office space for the New Mexico Minority Business Development Center in Albuquerque to expand support for local businesses across the state as they create the types of careers New Mexicans can build their families around. Heinrich wrote the legislative provision that established and funded the New Mexico Business Center in 2020, securing more than $2.5 million in federal resources through the U.S. Department of Commerce’s Minority Business Development Agency for its staffing and programming.
    In May, during the Senate Commerce hearing on the nomination of Paul Dabbar to be U.S. Deputy Secretary of Commerce, Luján pressed Mr. Dabbar on the dismantling of the MBDA by the Trump Administration and highlighted the successes of the MBDA. Luján championed an amendment in the Bipartisan Infrastructure Law to make the MBDA permanent. He also secured passage of a provision to double the funding level for the MBDA’s Rural Business Development Center Program and to expand this program’s eligibility to include all Minority-Serving Institutions, which will expand opportunities for New Mexico’s colleges and universities. Additionally, in 2021, Luján championed legislation to make permanent and expand the reach of the Minority Business Development Agency.
    The text of the letter can be found HERE and below:
    Comptroller General Dodaro:
    We write to request that the Government Accountability Office (GAO) conduct a review of the actions taken by the Trump Administration to dismantle the Minority Business Development Agency (MBDA), despite Congress statutorily authorizing the agency and appropriating funding to further its mission. A robust investigation by GAO would help shed light on whether officials at the Department of Commerce (Department) or elsewhere in the Administration circumvented the directives of Congress, the extent to which the MBDA’s ability to administer its grants and combat potential fraud has been undermined, and whether any officials have engaged in misconduct.
    On May 2, 2025, the White House released its recommendations on discretionary funding levels for fiscal year (FY) 2026, which expressly acknowledge that the Commerce Department under Secretary Howard Lutnick has “fully eliminated” the MBDA. Prior to this admission, my colleagues and I repeatedly raised concerns about the Department’s efforts to dismantle the MBDA unilaterally, particularly given Secretary Lutnick’s clear testimony during his confirmation hearing stating he did not support dismantling the agency. We sent multiple letters to Secretary Lutnick and the Department seeking basic information about the current state of the MBDA. To date, the Department has failed to substantively respond to any of our requests, and it is becoming increasingly clear that Department leadership is not taking these concerns seriously.
    The MBDA was created by Executive Order in 1969. In 2021, Congress statutorily authorized the MBDA in bipartisan legislation, the Minority Business Development Act of 2021 (MBDA Act), which was enacted as part of the Infrastructure Investment and Jobs Act. In so doing, Congress directed the MBDA to, among other things, “enable the Federal Government to better serve the needs of minority business enterprises.” The bipartisan law also established a new Senate-confirmed position to lead the agency. By making the MBDA and its programs permanent, Congress made a deliberate decision to promote job creation, spur innovation, and support business owners from a variety of backgrounds.
    Last Congress, the Congress funded the MBDA pursuant to the Consolidated Appropriations Act, 2024, which contained a $68.25 million appropriation for the “necessary expenses of the Minority Business Development Agency in fostering, promoting, and developing minority business enterprises, as authorized by law.” These investments have paid significant dividends: In FY 2024 alone, the MBDA helped the country’s more than 12 million minority businesses access over $1.5 billion in capital and create or retain approximately 23,000 jobs. That same level of funding has been appropriated through the Full-Year Continuing Appropriations and Extensions Act, 2025 (P.L. 119-4). 
    Despite Congress’s clear statutory directive, on March 14, 2025, President Trump issued an Executive Order effectively eliminating the MBDA and certain other federal entities. In so doing, the Executive Order called for the head of the MBDA to submit a report to the Office of Management and Budget within seven days “confirming full compliance with this order and explaining which components or functions of the governmental entity, if any, are statutorily required and to what extent.” In the weeks that followed, the Trump Administration has unilaterally dismantled the MBDA—terminating effectively all its staff, canceling its grant programs, and removing its signage from the Department.
    As part of these efforts, our offices reviewed a funding termination notice that was sent to an MBDA grantee by a member of Elon Musk’s so-called Department of Government Efficiency (DOGE) named Nate Cavanaugh, who was purportedly acting “Under the Authority of Keith Sonderling, Acting Undersecretary of MBDA.” In the notice, the Department claims the grant is being terminated because it “is unfortunately no longer consistent with the agency’s priorities and no longer serves the interests of the United States and the MBDA Program.” The termination notice further states that “MBDA is repurposing its funding allocations in a new direction in furtherance of the President’s agenda.” The notice is silent about why the grants are inconsistent with the MBDA’s priorities and programs, which Congress, not the Department, set by statute. And the notice also suggests that the Department of Commerce or others in the Administration may be using funding appropriated for the MBDA for other, unrelated purposes.
    Fortunately, on May 13, 2025, a federal district court issued a Preliminary Injunction requiring the Trump Administration to reverse its actions to eliminate the MBDA, including by restoring agency employees to their status prior to the Executive Order issued on March 14, 2025. However, the Trump Administration quickly appealed this order, making clear it intends to continue pursuing its efforts to fully eliminate the MBDA notwithstanding Congress’s clear directives.
    It is essential that Congress and the public understand how the Trump Administration’s recent actions have affected the MBDA’s ability to carry out its statutory mission and obligations and to understand how funds appropriated to the MBDA are being used. Therefore, we are requesting your assistance to investigate activities that have occurred at MBDA since January 20, 2025, and report on the following:
    A detailed review of all actions taken by the Department of Commerce, including any acting leadership, to “fully eliminate” or otherwise dismantle the MBDA, including any efforts to pause or halt MBDA work functions, lower or eliminate the agency’s budget, or otherwise reduce the resources available to MBDA to complete its work.
    A detailed review of all actions taken by the any member of DOGE, including any volunteers, special government employees, contractors, or Department employees affiliated with DOGE, to “fully eliminate” or otherwise dismantle the MBDA, including any efforts to pause or halt MBDA work functions, lower or eliminate the agency’s budget, or otherwise reduce the resources available to MBDA to complete its work.
    A detailed review of actions taken by the Department of Commerce, including MBDA leadership and acting leadership, to pause, halt, or terminate any grants or funding that were administered or approved by the MBDA as of January 20, 2025. Please include information on the involvement of DOGE or DOGE-affiliated employees, including any volunteers, special government employees, and contractors, in decisions to pause, halt, or terminate MBDA grants or funding.
    A detailed review of the status of all MBDA grants, including:
    The extent to which grants have been terminated or funds continue to be disbursed;
    A description of the types of funded activities that are considered “consistent with the agency’s priorities” and that “serve the interests of the MBDA program”; and
    A detailed explanation of how the MBDA intends to repurpose its funding allocations in a new direction in furtherance of the President’s agenda, including any specific program or activity that has received or is expected to receive repurposed funding.

    A detailed review of actions taken by the Department of Commerce, including MBDA leadership and acting leadership, to reduce the MBDA’s workforce after January 20, 2025. Please include information on the involvement of DOGE or DOGE-affiliated employees, including any volunteers, special government employees, and contractors, in decisions to reduce the MBDA’s workforce.
    A detailed review of the effects of recent Department of Commerce and DOGE actions on:
    The operations of the MBDA’s statutorily created offices, how responsibilities are being allocated to any remaining staff, and the status of physical office space; and
    The ability of the agency to fulfill its statutorily required functions under the Minority Business Development Act of 2021 (Division K of the Infrastructure and Investment and Jobs Act, Pub. L. 117-58), including but not limited to:

                                                                  i.      The MBDA’s statutory responsibilities for private and public sector development;
                                                               ii.      The MBDA’s efforts to conduct research and provide outreach and educational services;
                                                             iii.      The operation of the MBDA’s Business Center Program, Rural Minority Business Center Program, and the national network of public-private partnerships;
                                                              iv.      The administration of the minority business development grants program;
                                                                v.      The functioning of the Minority Business Enterprises Advisory Council; and
                                                              vi.      The extent to which the Administration’s actions regarding MBDA are consistent with the statutory obligations under the Minority Business Development Act of 2021.
    The ability of the agency to effectively administer its current grants, detect and prevent potential fraud in its programs, and cooperate with any investigations into potential fraud or other wrongdoing. 
    A detailed review of the Commerce Department’s or MBDA’s development and implementation of plans to reorganize, restructure, or eliminate the MBDA’s work, and how these plans may affect the Administration’s ability to meet its statutory responsibilities, including a review of which “components or functions” of the MBDA the Trump Administration found to be “statutorily required and to what extent,” pursuant to President Trump’s March 14, 2025, Executive Order on “Continuing the Reduction of the Federal Bureaucracy.”

    MIL OSI USA News –

  • MIL-OSI Canada: Saskatchewan Adds Over 15,000 Full Time Jobs in May and Unemployment Rate Remains Lowest in the Nation

    Source: Government of Canada regional news

    Released on June 6, 2025

    Statistics Canada latest labour force numbers show that Saskatchewan has maintained a strong labour market and steady growth throughout the year. Saskatchewan has the lowest unemployment rate in the nation at 4.2 per cent. This is well below the national average which has now increased to 7.0 per cent.  

    “There are more people working in Saskatchewan than ever before,” Deputy Premier and Minister of Immigration and Career Training Jim Reiter said. “We are experiencing record job growth and our province continues to be an economic leader in Canada. Our government is working to ensure this growth continues and that our province remains attractive for businesses to invest while continuing to be the best place to live and work in Canada.”  

    The province led the nation in year-over-year job growth, adding 16,300 jobs year-over-year in May, ranking first among provinces in terms of percentage change at 2.7 per cent.  

    May 2025 saw all-time historical highs (aged 15 and over), with:

    • Saskatchewan’s labour force reaching 653,900;
    • Saskatchewan’s full-time employment reaching 518,800; and
    • Saskatchewan’s women employment reaching 294,300.

    Year-over-year, full-time employment increased by 15,300, an increase of 3.0 per cent. Employment for women  is up 10,900 which is an increase of 3.8 per cent, and employment for men is up 5,300 an increase of 1.6 per cent.  

    Saskatchewan’s two biggest cities also saw year-over-year growth. Compared to May 2024, Saskatoon’s employment was up 7,900, an increase of 4.1 per cent, and Regina’s employment was up 5,100, an increase of 3.5 per cent.

    Major year-over-year gains were reported for health care and social assistance up 11,400, an increase of 12.4 per cent. Construction is up 7,000 an increase of 16.3 per cent and public administration is up 6,100 an increase of 16.8 per cent.  

    The province continues to see economic growth in other areas. Saskatchewan GDP reached 80.5 billion in 2024 and increase of 3.4 per cent from 2023. In March 2025, Saskatchewan also ranked highest amongst provinces for year-over-year growth in building construction investment (27.8 per cent) and second in retail trade value (8.2 per cent).  

    This economic growth is backed by the Government of Saskatchewan’s recently released Building the Workforce for a Growing Economy: The Saskatchewan Labour Market Strategy, a roadmap to build the workforce needed to support Saskatchewan’s strong and growing economy, and Securing the Next Decade of Growth: Saskatchewan’s Investment Attraction Strategy, a plan to increase investment in the province and to furth advancing Saskatchewan’s Growth plan goal of $16 billion in private capital investment annually.

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    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI USA: Romanian national sentenced for defrauding hundreds of banking customers

    Source: US Immigration and Customs Enforcement

    PROVIDENCE, R.I. — An illegally present Romanian national described in court documents as an “undeterred serial scammer” has been sentenced to nearly three years in federal prison and will face deportation proceedings after a joint U.S. Immigration and Customs Enforcement investigation found he had stolen and used the personal banking information of hundreds of victims.

    Mario Demarco, aka Marius Lupu aka David Adamec, 30, pleaded guilty in January to a charge of conspiracy to commit bank fraud. He was sentenced June 3 to 33 months in federal prison followed by two years of supervised release. Additionally, the court ordered Demarco to pay restitution totaling $16,567.06.

    ICE Homeland Security Investigations has lodged an immigration detainer and he will face removal proceedings after he has completed his criminal sentence.

    Court documents show that beginning in October 2022, Demarco traveled up and down the Northeast and Mid-Atlantic installing skimming devices on ATMs. These devices intercepted hundreds of customers’ debit card and banking information, which Demarco used to create fraudulent debit cards. The bogus cards were then used to make unauthorized cash withdrawals, attempted withdrawals and purchases.

    Throughout the course of the conspiracy, Demarco installed skimming devices on at least 10 ATMs and compromised at least 952 cards. Demarco owes restitution to 15 different banks.

    ICE HSI Providence led the investigation with assistance from the Warwick Police Department, the Cranston Police Department, the East Greenwich Police Department, North Kingstown Police Department, the East Providence Police Department, the Boston Police Department, the New York City Police Department, and the Stratford Police Department in Connecticut.

    MIL OSI USA News –

  • MIL-OSI Security: Art dealer jailed for terrorism offence

    Source: United Kingdom London Metropolitan Police

    An art dealer from London has been jailed after an investigation by officers from the Met’s Counter Terrorism Command revealed £140,000 of sales to a suspected financier of the proscribed group Hizballah.

    Oghenochuko Ojiri 53 (05.05.72) of west London, was sentenced at the Old Bailey on Friday, 6 June after he admitted eight counts of failing to make a disclosure during the course of business within the regulated sector, contrary to section 21A of the Terrorism Act 2000.

    Commander Dominic Murphy, head of the Met’s Counter Terrorism Command, said:

    “This prosecution, using specific Terrorism Act legislation, is the first of its kind and should act as a warning to all art dealers that we can, and will, pursue those who knowingly do business with people identified as funders of terrorist groups.

    “Oghenochuko Ojiri wilfully obscured the fact he knew he was selling artwork to Nazem Ahmad, someone who has been sanctioned by the UK and US Treasury and described as a funder of the proscribed terrorist group Hizballah.

    “Financial investigation is a crucial part of the counter-terrorism effort. A team of specialist investigators, analysts and researchers in the National Terrorist Financial Investigation Unit works all year round to prevent money from reaching the hands of terrorists or being used to fund attacks.”

    Ojiri was arrested on 18 April 2023 in Wrexham on the same day the UK Government announced sanctions against Nazem Ahmad, a wealthy art collector, based in Lebanon, suspected of providing funding to Hizballah, a proscribed organisation.

    Officers subsequently obtained a warrant to seize a number of artworks belonging to Ahmad held in two UK-based warehouses.

    The artwork, including a Picasso and Andy Warhol paintings, were seized on 4 May 2023 and the NTFIU obtained a forfeiture order later the same year. The artwork, valued at almost £1 million, is due to be sold and the funds will be reinvested back into the police, CPS and Home Office.

    The Met’s investigation into Ojiri was carried out in partnership with US Homeland Security, which is conducting a wider investigation into alleged money laundering by Ahmad using shell companies.

    Officers from the NTFIU analysed a series of invoices for sales of art by Ojiri and identified that eight purchases were completed with names inserted on the invoices that were not Ahmad’s – despite Ojiri knowing the sale was being conducted for him and on his behalf.

    The art market became regulated in 2019 under Anti-Money Laundering regulations. This brought the art market in line with other regulated sectors such as banking and solicitors. The regulator is HM Revenue & Customs (HMRC).

    People who operate in the art market, like gallery owners, must be registered with the HMRC as an Art Market Participant (AMP), undertake due diligence and report any suspicions of money laundering or terrorist financing.

    Detectives from the NTFIU recovered WhatsApp messages on Ojiri’s mobile phone from 31 January 2020, which showed Ojiri discussing the new money laundering regulations with a colleague.

    Analysis of messages and web history on Ojiri’s mobile phone also showed that he was aware of the financial sanctions by the US Treasury against Ahmad due to his suspected involvement in being a high-level financier of Hizballah.

    In police interview, Ojiri apologised for his actions but denied that money or greed were the motivating factors behind dealing with Ahmed, claiming it was the excitement and kudos of dealing with a ‘name’ in the art collecting world.

    Ojiri pleaded guilty to the charges, which relate to a period from October 2020 to December 2021, at Westminster Magistrates’ Court on 9 May.

    On Friday, 6 June Ojiri was sentenced to two years and six months’ imprisonment.

    The prosecution, believed to be the first of its kind, followed an investigation by the NTFIU, alongside the Office of Financial Sanctions Implementation (OFSI) in HM Treasury, HMRC, and the Met’s Art and Antiques Unit.

    Bethan David, Head of the CPS Counter Terrorism Division, said: “It is clear that Oghenochuko Ojiri was aware of new money laundering regulations in the art world and that he had knowledge of Nazem Ahmad’s background.

    “Ojiri engaged in activity designed to conceal the identity of the true purchaser by changing the details on invoices and storing Mr Ahmad’s name under a different alias in his mobile phone.

    “His motivation appears to be financial along with a broader desire to boost his gallery’s reputation within the art market by dealing with such a well-known collector.

    “This prosecution is believed to be the first of its kind, and the CPS will not hesitate to bring criminal charges against individuals who flout the law in this way.”

    Louise MacDonald, Deputy Director of Economic Crime at HMRC’s Fraud Investigation Service, said:

    “This landmark case clearly shows how government and law enforcement is effectively tackling those who may fund terrorism.

    “As a money laundering supervisor, we know criminals prey on weaknesses. That’s why we work tirelessly with sectors like the art market to ensure they have the defences in place to stop criminals in their tracks.”

    MIL Security OSI –

  • MIL-OSI: Equasens: availability of AGM preparatory materials

    Source: GlobeNewswire (MIL-OSI)

    Villers-lès-Nancy, 6 June 2025 – 6:00 p.m. (CET)

    PRESS RELEASE

    ANNUAL ORDINARY GENERAL MEETING

    MEETING NOTICE

    ON-LINE AVAILABILITY OF MEETING MATERIALS

    WEBCAST LIVE

    EQUASENS hereby provides notice to shareholders of the Annual Ordinary General Meeting to be held on Wednesday, June 25, 2025 at 5.30 pm at the Company’s registered office located in Villers-lès-Nancy (Technopôle de Nancy-Brabois – 5 Allée de Saint Cloud).

    The original French language version of the agenda and the resolutions submitted by the Board of Directors to the Ordinary Annual General Meeting were published in the French publication for legal announcements (Bulletin des Annonces Légales Obligatoires) on 16 May, 2025 (https://www.journal-officiel.gouv.fr/pages/balo-annonce-unitaire/?q.id=id_annonce:20250516250176059).

    The Meeting Notice was published on the June 6, 2025 in the BALO (https://www.journal-officiel.gouv.fr/pages/balo-annonce-unitaire/?q.id=id_annonce:20250606250278068) and in the Official Journal “La Gazette France” (https://www.lagazettefrance.fr/annonce-legale/91361579) including the procedures for participating and voting and the main methods to exercise shareholders’ rights.

    Both of these notices are available on the Company’s website: www.equasens.com. Translations are also available https://equasens.com/investisseurs/assemblee-generale/.

    Pursuant to article R. 22-10-23 of the French commercial code, EQUASENS has also made available, since June 4, 2025, all the documents and information prescribed by this article and the voting form on its website www.equasens.com – Section Investisseurs, Assemblée Générale tab.

    For the purpose of communications between the Company and its shareholders, it is strongly recommended that requests or documents be sent, in priority, by email, to the following address: actionnaires@equasens.com.

    In accordance with Article R22-10-29-1 of the French Commercial Code, the Annual General Meeting will be broadcast live online in its entirety. Information on how to connect to this live webcast will be made available no later than 48 hours before the Annual General Meeting on the Company’s website www.equasens.com – Section Investisseurs, Assemblée Générale tab. In addition, as required by law, a replay of the meeting will also be available on the same website for subsequent viewing

    About Equasens Group

    Founded over 35 years ago, Equasens Group, a leader in digital healthcare solutions, today employs over 1.300 people across Europe.
    Equasens Group’s specialised business applications facilitate the day-to-day work of healthcare professionals and their teams, working in private practice, collaborative medical structures or healthcare establishments. The Group also provides comprehensive support to healthcare professionals in the transformation of their profession by developing electronic equipment, digital solutions and healthcare robotics, as well as data hosting, financing and training adapted to their specific needs.
    And reflecting the spirit of its tagline “Technology for a More Human Experience”, the Group is a leading provider of interoperability solutions that improve coordination between healthcare professionals, their communications and data exchange resulting in better patient care and a more efficient and secure healthcare system.

    Listed on Euronext Paris™ – Compartment B

    Indexes: MSCI GLOBAL SMALL CAP – GAÏA Index 2020 – CAC®SMALL and CAC®All-Tradable
    Included in the Euronext Tech Leaders segment and the European Rising Tech label

    Eligible for the Deferred Settlement Service (“Service à Réglement Différé” – SRD) and equity savings accounts invested in small and mid-caps (PEA-PME).
    ISIN: FR 0012882389 – Ticker Code: EQS

    Get all the news about Equasens Group www.equasens.com and on LinkedIn

    CONTACTS

    EQUASENS Group
    Analyst and Investor Relations:
    Chief Administrative and Financial Officer: Frédérique Schmidt
    Tel: +33 (0)3 83 15 90 67 – frederique.schmidt@equasens.com

    Financial communications agency:
    FIN’EXTENSO – Isabelle Aprile

    Tel.: +33 (0)6 17 38 61 78 – i.aprile@finextenso.fr

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    The MIL Network –