Category: Finance

MIL-OSI: Blockchain and Digital Assets Virtual Investor Conference Agenda Announced for June 5th

Source: GlobeNewswire (MIL-OSI)

NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) — Virtual Investor Conferences, the leading proprietary investor conference series announced the agenda for the Blockchain and Digital Currency Virtual Investor Conference on June 5, 2025.

Individual investors, institutional investors, advisors, and analysts are invited to attend.

REGISTER HERE

It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend live presentations, or schedule 1×1 meetings with management.

“We’re thrilled to kick off this week’s Blockchain & Digital Assets Virtual Investor Conference, in collaboration with our event sponsor, ITG,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. “Attendees can look forward to insightful presentations from some of the innovative OTCQX, OTCQB, and private companies shaping the next wave of blockchain and digital finance.”

Jeff Gamble, Managing Director, ITG, commented, “We’re thrilled to partner with OTC Markets Group for the Blockchain & Digital Assets Virtual Investor Conference on June 5th. This event brings together industry leaders to share insights on Blockchain, Cryptocurrency, and the broader digital assets landscape.”

June 5^th

To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.

About Virtual Investor Conferences^®

Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

Media Contact:
OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com

Virtual Investor Conferences Contact:
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com

The MIL Network –

June 4, 2025
MIL-OSI Security: ICE Operation Results in More Than 70 Illegal Alien Arrests at Cartel-Run Night Club near Charleston
Source: US Department of Homeland Security

One of the illegal aliens arrested is a foreign fugitive wanted for homicide in Honduras

WASHINGTON – The Department of Homeland Security (DHS) today released the following statement after Immigration and Customs Enforcement (ICE) arrested 72 illegal aliens at a nightclub run by a suspected member of the Los Zetas Cartel during an operation in the Charleston, South Carolina area over the weekend. Los Zetas, now formally recognized as Cártel del Noreste (CDN) was formally designated a terrorist organization by the Trump Administration in February 2025.

Prior to the operation, ICE received information from a source that “The Alamo”-–an underground illegal nightclub-–was the location of weapons, narcotics, and human trafficking. ICE also seized cash, narcotics, and firearms during the operation.

During the operation, law enforcement executed a search warrant at the unlicensed establishment, leading to:
- 72 arrests, including individuals with serious prior offenses.
- 6 juveniles recovered and turned over to state social services for protection and care.
Arrests are still being processed.

One of the most high-profile arrests was of Sergio Joel Galo-Baca, a Honduran illegal alien and foreign fugitive with an active Interpol Red Notice for homicide in Honduras.

“Day in and day out, the brave men and women of ICE are working with local law enforcement to keep American communities safe. The successful operation that took place in the Charleston area resulted in more than 70 arrests of illegal aliens—including an international murder suspect and the dismantling of a nightclub run by a suspected cartel member where drug, weapon, and human trafficking were taking place,” said Assistant Secretary Tricia McLaughlin. “Under President Trump and Secretary Noem, fugitives and law breakers are on notice: Leave now or ICE will find you and deport you.”

Homeland Security Investigations (HSI) Charlotte led the operation with local law enforcement, which took place on June 1.

Members of the public can report crimes and suspicious activity by dialing 866-DHS-2-ICE (866-347-2423) or completing the online tip form.

###

MIL Security OSI –
June 4, 2025
MIL-OSI: Fenchurch Legal Launches Secured Litigation Funding Strategy for Fixed-Income Investors

Source: GlobeNewswire (MIL-OSI)

London, UK , June 03, 2025 (GLOBE NEWSWIRE) — Fenchurch Legal, a UK-based litigation funding specialist, today announced the launch of a structured secured lending strategy aimed at fixed-income investors seeking stable returns outside of traditional markets. With economic uncertainty challenging conventional income instruments, the firm’s high-volume consumer litigation model offers a predictable, uncorrelated alternative designed to deliver quarterly interest payments through a diversified portfolio of secured law firm loans.

Structured like private credit, Fenchurch Legal’s litigation funding model turns legal claims into an income-generating investment opportunity.

As economic volatility continues to test traditional markets, a growing number of investors are turning to alternative asset classes that promise stable risk-reward profiles. Litigation funding, once considered niche, is now emerging as a mainstream alternative investment, providing secure income generation.

Fenchurch Legal, a UK-based specialist in litigation funding, is among the firms redefining the landscape of alternative credit strategies by offering a secured, income-generating investment that is predictable and uncorrelated with traditional markets.

A Secured Lending Approach to Litigation Funding

Fenchurch Legal has structured its litigation funding offering through a secured lending model, offering investors a fixed-income product with a unique security structure designed to protect investor capital. Unlike large litigation funders who focus on a few high-value commercial cases, Fenchurch Legal funds a high volume of smaller consumer claims – including those related to financial mis-selling and mis-sold car finance. This high- volume strategy allows for broad diversification across numerous law firms and case types, helping to mitigate concentration risk and deliver consistent returns.

The predictability of this model enables investors to receive fixed, quarterly interest payments, making it an attractive option for those seeking regular income through a disciplined, secured alternative to traditional fixed-income investments.

Delivering Predictability in an Uncertain Environment

One of the most attractive features of litigation funding is its low correlation with traditional markets and macroeconomic cycles, making it particularly appealing in volatile or downturn conditions. Unlike speculative alternative assets, high-volume litigation funding offers a structured and secured approach, ideal for investors prioritizing capital preservation and low volatility. Its predictability and resilience are what set it apart, with performance driven by legal outcomes rather than market sentiment or economic indicators.

From Case Selection to Investor Returns: The Fenchurch Model in Action

Real world case examples, such as PPI or mis-sold car finance, demonstrate how funding supports access to justice while delivering predictable outcomes for investors. These well-established, protocol-driven cases highlight the tangible benefits of Fenchurch Legal’s approach.

Investor capital is pooled and deployed via secured loans to law firms, enabling them to pursue a high volume of these smaller consumer claims. These cases follow established legal protocols and have historically demonstrated repeatable outcomes. The loans are repaid by the law firms over time, with interest, regardless of individual case outcomes, all backed by After-the-Event (ATE) insurance for added downside protection.

This risk-managed structure has allowed Fenchurch Legal to consistently deliver investors with predictable, quarterly interest payments, ideal for income focused investors. By funding thousands of low-value claims across multiple law firms, the model achieves broad diversification and reduces exposure to any single case or firm. This risk-managed approach has historically delivered competitive returns, typically ranging from 11–13% per annum — making it well-suited to income-focused portfolios.

Louisa Klouda, CEO and Founder of Fenchurch Legal, stated, “At Fenchurch Legal, we’ve designed a litigation funding model that mirrors the features fixed income investors value most — regular income, downside security, and a diversified, risk-managed portfolio.”

“In today’s economy, stability is the new growth. Litigation funding provides exactly that — it’s an asset class with low volatility, high transparency, and a compelling risk-adjusted return,” she added.

About Fenchurch Legal

Fenchurch Legal is a UK-based specialist litigation financier, providing disbursement funding to small and mid-sized law firms pursuing consumer claims where outcomes are well-established and repeatable, including housing disrepair, financial mis-selling, and undisclosed commission cases. Founded in early 2020, Fenchurch Legal was established in response to growing demand for litigation funding in the smaller consumer claims segment—an underserved area of the UK litigation finance market. In parallel, Fenchurch Legal structures litigation finance investment products designed for investors, providing exposure to a non-correlated, secured investment class.

Press inquiries

Fenchurch Legal
https://www.fenchurch-legal.co.uk/
Laura Rinaldi
laura@fenchurch-legal.co.uk
Linen Hall,
162-168 Regent St,
London,
W1B 5TB
UK

A video accompanying this announcement is available at https://www.youtube.com/embed/UpddM65EbTw%20

The MIL Network –

June 4, 2025
MIL-OSI USA: South Texas stash house discovered by ICE Rio Grande Valley leads to the arrest of 16 illegal aliens

Source: US Immigration and Customs Enforcement

HARLINGEN, Texas — A suspected stash house in Mercedes, Texas, was uncovered June 2 by U.S. Immigration and Customs Enforcement resulting in the apprehension of 16 illegal aliens.

On June 1, ICE received a tip from an anonymous caller reporting that multiple illegal aliens were being harbored at a residence in Mercedes. ICE contacted the Mercedes Police Department, which conducted a welfare check of the property. Authorities spoke to the owner of the property who admitted to harboring approximately 16 individuals inside the home.

“This operation underscores the critical role that the public and local law enforcement partners play in identifying and disrupting human smuggling operations,” said ICE Homeland Security Investigations Rio Grande Valley Deputy Special Agent in Charge Mark Lippa. “Transnational criminal networks continue to endanger lives for profit. ICE will relentlessly pursue those who exploit vulnerable individuals for financial gain.”

The 16 individuals encountered were identified as nationals of Nepal, Albania, Mexico, Honduras and Guatemala. Sixteen were taken into custody for immigration violations and another individual, a Mexican national, is being questioned for his role in human smuggling.

The investigation remains ongoing. The enforcement action was supported by ICE’s Enforcement and Removal Operations, U.S. Border Patrol and U.S. Customs and Border Protection’s Office of Field Operations.

Members of the public are encouraged to report suspicious activity or tips related to human smuggling by calling 866-347-2423 or by submitting an anonymous tip via the ICE online tip form.

Follow HSI San Antonio on X at @HSI_SanAntonio to learn more about its enforcement efforts and investigations.

MIL OSI USA News –

June 4, 2025
MIL-OSI USA: Bloomberg Tax: Warren Seeks Details From Donors to IRS Pick’s Dormant Campaign

US Senate News:

Source: United States Senator for Massachusetts – Elizabeth Warren

May 15, 2025

Senate Finance Committee Democrats say donors to IRS commissioner pick Billy Long’s hibernating campaign fund could have been illegally influencing the former House lawmaker.

“This brazen attempt to curry favor with Mr. Long is not only unethical—it may also be illegal,” the lawmakers led by Sen. Elizabeth Warren (D-Mass.) wrote in one of the letters seen by Bloomberg Tax that were sent Thursday. The letters suggest that the circumstances of the donations raise questions over whether they constitute a violation of federal anti-bribery laws.

Also at issue is the timing and size of the donations that were made to Long, who could soon lead the tax collection agency. Democrats asked donors why they gave, whether their donations were solicited, and whether they had matters currently pending in front of the IRS.

Long, a former Republican House member from Missouri who has a confirmation hearing with the panel May 20, hasn’t been on any ballot for several years but saw nearly $137,000 flow into his dormant campaign committee for a Senate seat in the first quarter of this year. He also used the funds to repay a $130,000 personal loan. Donors to his campaign included people associated with firms that promoted so-called sovereign tribal tax credits that the Treasury Department and IRS say don’t exist.

Warren signed the letters along with Finance ranking member Sen. Ron Wyden (D-Ore.) and member Sen. Sheldon Whitehouse (D-R.I.). The Democrats’ letter is the latest in a string of demands from Democrats pressing Long about his dealings with White River Energy Corp., which has been selling the credits to wealthy investors through a network of promoters.

…

Read the full article here.

By: Chris Cioffi
Source: Bloomberg Tax

MIL OSI USA News –

June 4, 2025
MIL-OSI: Sidetrade joins the Euronext Tech Leaders 2025
Source: GlobeNewswire (MIL-OSI)

Sidetrade, the global leader in AI-powered Order-to-Cash applications, announces its inclusion in the 2025 Euronext Tech Leaders Index, the pan-European initiative spotlighting the continent’s most disruptive and high-growth tech companies.

Launched by Euronext in 2022, the Tech Leaders brings together the 110 most dynamic listed European tech companies, providing them with enhanced visibility, targeted investor access, and exclusive participation in pan-European innovation forums. Sidetrade’s inclusion reflects its alignment with the criteria of the index:
- A track record of building technologies with transformative impact,
- A market cap above €300 million,
- A CAGR (Compound Annual Growth Rate) above 20% over the last three years.
The Euronext Tech Leaders Index will be updated after markets close on Friday, 20 June 2025, with effect from Monday, 23 June 2025.

Delphine d’Amarzit, Euronext Paris Chairwoman and CEO, states: “Sidetrade’s 20th anniversary of being listed coincides with the highest possible recognition of its stock market journey: its inclusion in the Euronext Tech Leaders, which brings together technology companies listed on Euronext that stand out for their growth and innovation. I am pleased that the stock exchange has fully played its role in supporting the growth of a company like Sidetrade, which now ranks among the most promising tech companies in Europe, thanks to the long-term vision of its founder, Olivier Novasque, and the work of its teams.”

Sidetrade’s trajectory reflects a conviction that the future of enterprise finance lies in autonomous systems capable of acting intelligently in dynamic environments. Innovation is in the DNA of Sidetrade. From the outset, the company has approached AI not as a layer of enhancement, but as the engine driving systemic change.

Central to this transformation is Aimie, Sidetrade’s agentic AI. Built to go beyond predictive analytics, Aimie is an autonomous agent that makes decisions, initiates actions, and adapts in real-time to optimize cash flow processes. From qualifying invoices to orchestrating engagement strategies and accelerating cash collections, Aimie scales behavior-based decision-making across a global network of over 40 million buyers. This intelligence is grounded in Sidetrade’s Data Lake, the world’s richest behavioral dataset for B2B transactions, encompassing more than $7.2 trillion in payment data. It is this combination of machine learning, behavioral modeling, and collaborative intelligence that positions Aimie as an operator that learns, acts, and evolves in the service of enterprise performance.

The inclusion in the Euronext Tech Leaders segment is also a tribute to Olivier Novasque’s vision as founder and CEO of Sidetrade. Marking 25 years of innovation at Sidetrade, Novasque has championed a bold roadmap to move finance beyond automation and into real-time intelligent orchestration, transforming the CFO office from a reactive unit to a proactive command center.

“We are honored to join the Euronext Tech Leaders,” said Olivier Novasque, CEO and founder at Sidetrade. “At Sidetrade, we’ve never followed the market. We’ve questioned its limits and investigated how technology should overcome them. In a financial world that is growing increasingly complex by the day, we believe the real breakthrough lies in augmenting human capacity. Our technology is designed to sharpen judgment, accelerate action, and foster resilience. When machines enhance talents, organizations unlock their full potential.”

Investor & Media relations @Sidetrade

Christelle Dhrif +33 6 10 46 72 00 cdhrif@sidetrade.com

About Sidetrade (www.sidetrade.com)
Sidetrade (Euronext Growth: ALBFR.PA) provides a SaaS platform designed to revolutionize how cash flow is secured and accelerated. Leveraging its new-generation agentic AI, nicknamed Aimie, Sidetrade analyzes $7.2 trillion worth of B2B payment transactions daily in its Cloud, thereby anticipating customer payment behavior and the attrition risk of 40 million buyers worldwide. Sidetrade has a global reach, with 400+ talented employees based in Europe, the United States, and Canada, serving global businesses in more than 85 countries. Among them: AGFA, BMW Financial Services, Bunzl, DXC, Engie, Inmarsat, KPMG, Lafarge, Manpower, Morningstar, Page, Randstad, Safran, Saint-Gobain, Securitas, Siemens, UGI, Veolia.
For further information, visit us at www.sidetrade.com and follow @Sidetrade on LinkedIn.

Contact Euronext
Flavio Bornancin-Tomasella fbornancin-tomasella@euronext.com

About Euronext
Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway, and Portugal. As of March 2025, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway, and Portugal host nearly 1,800 listed issuers with around €6.3 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices.
For the latest news, follow us on X (x.com/euronext) and LinkedIn (linkedin.com/company/euronext).

In the event of any discrepancy between the French and English versions of this press release, only the English version is to be taken into account.

Attachment
- Sidetrade joins the Euronext Tech Leaders 2025
The MIL Network –
June 4, 2025
MIL-OSI Security: Man Sentenced to Seven and One Half Years in Federal Prison for Aggravated Sexual Abuse of Victim in Marin Headlands

Source: US FBI

SAN FRANCISCO – Esbin Ramirez-Garcia was sentenced today to 90 months in federal prison for committing aggravated sexual abuse while on federal land. Senior U.S. District Judge William Alsup handed down the sentence.

Ramirez-Garcia, 28, a national of Mexico, pleaded guilty on Feb. 25, 2025, to one count of aggravated sexual abuse in violation of 18 U.S.C. § 2241(a). According to the plea agreement, Ramirez-Garcia admitted that late in the evening on Aug. 2, 2024, while giving the victim, with whom he had a prior relationship, a ride from her workplace in his truck, he asked her to get back together with him. The victim refused to resume their relationship and asked to be let out of the vehicle, but Ramirez-Garcia grabbed her with his hand and continued driving, forcing her to accompany him.

Ramirez-Garcia deviated from the route to the victim’s home and drove his truck to a parking lot in the Marin Headlands, which is part of the Golden Gate National Recreation Area. Ramirez-Garcia forcibly placed his body on top of the victim’s body while she sat in the passenger seat and sexually assaulted her.

United States Attorney Craig H. Missakian, FBI Special Agent in Charge Sanjay Virmani, and National Park Service Investigative Services Branch Acting Special Agent in Charge Betsy Smith made the announcement.

In addition to the prison term, Judge Alsup also sentenced the defendant to a 10-year period of supervised release and ordered that he participate in a sex offense-specific treatment program, among other conditions. The defendant was immediately remanded into custody.

Special Assistant U.S. Attorney Christine Chen and Assistant U.S. Attorney E. Wistar Wilson prosecuted the case with the assistance of Sara Slattery, Maureen French, and Fernanda Gonzalez. This prosecution is the result of an investigation by the FBI and the National Park Service Investigative Services Branch.

MIL Security OSI –

June 4, 2025
MIL-OSI Security: Pinedale Man Admits Guilt in Violent Knife Attack

Source: Office of United States Attorneys

ALBUQUERQUE – A Pinedale man pleaded guilty to assault with a dangerous weapon after slashing a man’s throat during a confrontation.

According to court records, on February 17, 2025, Laberto Curley, 25, an enrolled member of the Navajo Nation, used a knife to slash John Doe’s throat during a physical altercation, resulting is serious bodily injury.

At sentencing, Curley faces a maximum of 10 years in prison. Upon his release from prison, Curley will be subject to up to three years of supervised release.

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

The Gallup Resident Agency of the Federal Bureau of Investigation’s Albuquerque Field Office investigated this case with assistance from the Navajo Police Department and Navajo Department of Criminal Investigation. Assistant U.S. Attorney Jesse Pecoraro is prosecuting the case.

MIL Security OSI –

June 4, 2025
MIL-OSI Security: Fort Worth Man Sentenced to 50 Years for Producing Child Pornography

Source: Office of United States Attorneys

A 36-year-old Fort Worth man who produced child pornography was sentenced on May 30, 2025, to 50 years in federal prison, announced Nancy Larson, Acting United States Attorney for the Northern District of Texas.

Jamie Hackney pled guilty to a two-count indictment charging him with the production and transportation of child pornography in February 2025. He was sentenced on Friday to 600 months in federal prison by United States District Judge Reed O’Connor.

According to court documents, the National Center for Missing and Exploited Children issued a Cybertip to the Fort Worth Police Department (FWPD) regarding images that were uploaded to Hackney’s Google account. Through their investigation, FWPD uncovered forensic evidence of Hackney using a minor to create and subsequently transport child pornography.

The Federal Bureau of Investigation and the Fort Worth Police Department conducted the investigation. The case was prosecuted by Assistant United States Attorney Allyson Monte.

MIL Security OSI –

June 4, 2025
MIL-OSI Security: Former Police Officers Plead Guilty to Federal Charges in Connection With Insurance Fraud Scheme

Source: Office of United States Attorneys

Greenbelt, Maryland – Two Prince George’s County men have pleaded guilty to federal charges in connection with an auto-insurance fraud scheme. Michael Anthony Owen, Jr., 36, of Accokeek, Maryland pled guilty to falsification of records, and Jaron Earl Taylor, 31, of Ft. Washington, Maryland, pled guilty to conspiracy to commit wire fraud.

Kelly O. Hayes, U.S. Attorney for the District of Maryland, announced the guilty pleas 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 pleas, between August 2018 and February 2020, Owen and Taylor, who were PGPD and Anne Arundel County Policy Department officers, respectively, at the time, conspired with fellow police officers to engage in mail and wire fraud. Owen and Taylor, along with officers Candace Tyler, Conrad D’Haiti, and Davion Percy, and others, devised a scheme for insurance companies to pay out the remaining financing costs of unwanted vehicles.

Members of the conspiracy reported fictitious losses to insurers to obtain money or avoid paying off vehicles that were now worth less than the amount owed on them. The co-conspirators used their statuses as police officers to assist each other’s claims by writing false police reports. Then co-conspirators submitted fictitious police reports to insurers to validate the claim. The false police reports were intended to impede, obstruct, or influence subsequent investigations of the false insurance claims.

In August 2018, Owen and Taylor staged the theft of Taylor’s Chevrolet Tahoe. After Taylor filed a fraudulent police report, Owen and Taylor stripped the vehicle and drove it deep into the woods of a Maryland State Highway property near Largo, Maryland. Taylor then made a false claim to the United Services Automobile Association (USAA) for the loss, for which USAA paid out a total of $38,670.

Then in January 2020, Owen assisted D’Haiti in avoiding payment on the loan balance of a Jaguar XKR. In cooperation with D’Haiti and Percy, Owen devised a scheme to fake the vehicle’s theft. On January 4, D’Haiti parked his Jaguar behind Marlow Heights Shopping Center where Percy worked as police chief.

D’Haiti then paid Percy $350 to arrange for another co-conspirator to tow the vehicle and extensively vandalize it for the purpose of creating a total insurance loss. Tyler subsequently filed the fictitious police report which D’Haiti used to substantiate his claim against Liberty Mutual Insurance. In February 2020, Liberty Mutual paid the Jaguar’s lienholder, Navy Federal Credit Union, $17,585, on the false claim.

Additionally, in January 2020, Owen and Taylor assisted with disposing of an Infiniti sedan to help a co-conspirator avoid making further payments on the vehicle while on extended overseas duty. The co-conspirator gave Taylor $1,000 via CashApp to stage the theft. Taylor then forwarded the money to Owen who filed a false police report with PGPD, stating the vehicle was stolen.

In reality, Owen, Taylor, and others moved the car to the top floor of a Camp Springs, Maryland apartment-complex parking garage. The co-conspirators attempted to conceal the car’s identity by removing the vehicle’s license plates and replacing them with different ones registered to another vehicle. Then the owner and co-conspirator filed a claim with GEICO that was eventually denied on grounds of fraud.

Owen faces a maximum sentence of 20 years in federal prison. Taylor faces a maximum sentence of three years in federal prison if the court fully accepts the plea deal. Both sentencings are scheduled for Tuesday, September 23. Taylor’s sentencing is at 10:30 a.m., and Owen’s sentencing is at 2:30 p.m.

U.S. Attorney Hayes commended the FBI and PGPD for their work in the investigation. Ms. Hayes also thanked Assistant U.S. Attorneys Joseph Baldwin and LaShanta Harris who are prosecuting the case.

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

# # #

MIL Security OSI –

June 4, 2025
MIL-OSI: XRP News: Major Investors Flock to Nimanode’s $NMA Presale to secure access to AI x Blockchain Wave

Source: GlobeNewswire (MIL-OSI)

LEEDS, United Kingdom, June 03, 2025 (GLOBE NEWSWIRE) — Nimanode, the first no-code AI agent platform built natively on the XRP Ledger (XRPL), is gaining momentum with its ongoing $NMA token presale. As investor confidence in AI infrastructure and XRP-based innovation grows, Nimanode is drawing serious attention from early adopters seeking exposure to the next phase of Web3 automation.

With anticipation of a major breakout post-launch, early participants are moving quickly to secure $NMA tokens at presale pricing.

Join $NMA Presale

New Kind of On-Chain Intelligence

Nimanode agents aren’t just simple bots.These agents think, analyze, and execute on-chain tasks ranging from:

Smart Contract Generation: AI that turns plain-English prompts into executable XRPL Hook contracts.

DeFi Yield Optimization: Self-directed agents that shift capital between pools to maximize APY.

Risk Monitoring: Agents that scan wallets and contracts to flag malicious activity in real-time.

Web3 Customer Support: Deployable support agents that run 24/7 across DAO forums, dApps, and more.

RWA Compliance: Regulatory agents that keep tokenized assets aligned with local frameworks. And all of it can be created from a zero-code interface, allowing creators, DAOs, or institutions to launch an entire automated ecosystem in minutes.

Presale Demand Up as Investors Target $NMA for 10X Growth

With a total of 90 million $NMA representing 45% of $NMA allocated for the presale, this marks a unique and promising chance to claim early access into one of XRP Ledger’s most innovative projects, spearheading the AI ecosystem on the blockchain.

As the market is currently clouded by volatility and corrections, Nimanode’s presale is emerging as a rare bright spot. Sparking strong FOMO across the XRP community and beyond as investors position themselves early in what many believe could be the next 100X breakout on XRPL.

Market Analysts already predict strong upside upon exchange listing of $NMA as demand for agent-based infrastructure gains traction.

This is a chance to invest in $NMA before its Listing at 25% higher than Presale value, however whales position for more as they eye a 10X surge on Launch.

Join $NMA Presale

How to Join The Nimanode Presale

Joining in the NimaNode Presale is quite straightforward for seasoned investors and newbies alike.

Setup an XRP-Compatible Wallet: Ensure you have a non-custodial wallet capable of receiving XRP native tokens like Xaman Wallet.

Purchase XRP: Acquire XRP from reputable exchanges like Binance, Coinbase, or Bybit.

Participate in the Presale: Visit the NimaNode presale page (https://nimanode.com/presale), send your XRP to the provided presale address, and secure your $NMA tokens.

The last cycle gave us DeFi protocols and NFTs. This cycle is shaping up to be about autonomous infrastructure and Nimanode is at the heart of it.

Don’t Miss Out – Secure your $NMA Tokens

Connect with Nimanode

Website: https://nimanode.com

Twitter/X: https://x.com/nimanodeai

Telegram: https://t.me/nimanodeAI

Documentation: https://docs.nimanode.com

Contact:
Nick Lambert
contact@nimanode.com

Disclaimer: This is a paid post and is provided by Nimanode. 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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0042cfb6-ccd0-4221-b89b-ff1136aeb0b0

The MIL Network –

June 4, 2025
MIL-OSI: Matador Technologies Inc. to Present at the Blockchain and Digital Assets Virtual Investor Conference June 5th

Source: GlobeNewswire (MIL-OSI)

TORONTO, June 03, 2025 (GLOBE NEWSWIRE) — Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF, FSE: IU3), a publicly traded Bitcoin treasury company, today announced that Deven Soni, CEO, will present live at the Blockchain and Digital Assets Virtual Investor Conference hosted by VirtualInvestorConferences.com, on June 5^th, 2025.

DATE: June 5^th
TIME: 1:30 PM ET
LINK: REGISTER HERE

This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

Learn more about the event at www.virtualinvestorconferences.com.

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Matador Technologies Inc. received a CAD $1.5 million investment from Arrington Capital, a prominent digital asset management firm.

Entered Binding LOI with Indian Digital Asset Firm HODL Systems
Matador signed a binding letter of intent to invest up to USD $3.2 million in HODL Systems, an Indian technology company. This investment could grant Matador up to a 24.95% ownership stake.

Completed $3 Million Non-Brokered Private Placement
Matador successfully closed a non-brokered private placement, raising approximately CAD $3 million.

Unveiled New Bitcoin-Centric Brand Identity
Matador announced a refreshed brand identity, emphasizing its evolution into a vertically integrated Bitcoin ecosystem company. The new branding reflects Matador’s core principles: prioritizing Bitcoin, aligning with the broader Bitcoin network, and designing strategies to compound Bitcoin per share, underscoring its commitment to building financial infrastructure on the Bitcoin blockchain.

About Matador Technologies Inc.
Matador Technologies Inc. is a publicly traded Bitcoin ecosystem company that holds Bitcoin as its primary treasury asset and builds products to enhance the Bitcoin network. Through a self-reinforcing model that combines strategic Bitcoin accumulation, Bitcoin-native product development, and participation in digital asset infrastructure, Matador aims to grow long-term shareholder value without dilution.

The Company’s flagship offering, the Digital Gold Platform, allows users to buy, sell, and trade 1-gram gold units on the Bitcoin blockchain—bridging traditional value with decentralized technology. With a Bitcoin-first strategy, a debt-free balance sheet, and a clear focus on innovation, Matador is helping shape the future of financial infrastructure on Bitcoin. Visit us online at https://www.matador.network/.

Cautionary Statement Regarding Forward-Looking Information

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, including risks associated with the implementation of the Company’s treasury management strategy, risks relating to whether the transaction with HODL will be concluded as currently proposed or at all, risks relating to the receipt of applicable regulatory approvals and the launch of the Company’s mobile application as currently proposed or at all. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including with respect to the potential acquisition of digital assets and/or US dollars, the pricing of such acquisitions and the timing of future operations. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

About Virtual Investor Conferences^®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

CONTACTS:
Matador Technologies Inc.
Sunny Ray
President
647-496-6282
sunny@matador.network

Virtual Investor Conferences
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com

The MIL Network –

June 4, 2025
MIL-OSI Security: Panama Extradites Austin Fugitive to the United States to Face Aggravated Robbery Charges

Source: US Marshals Service

Austin, TX – The U.S. Marshals, working with the U.S. Department of State and Panamanian officials, have returned to Travis County a man who had been sought by the Austin Police Department on an aggravated robbery warrant issued April 2, 2024.

Brayan Estiven Rios, 29, was wanted by the Austin police for a robbery that occurred July 19, 2022, in the 2500 block of Francisco Street. According to the affidavit, a victim reported to have been forced into a vehicle at gunpoint and instructed to withdraw a large sum of money from her bank account.

In April, the Lone Star Fugitive Task Force, U.S. Department of Justice’s Office of International Affairs, and the Travis County District Attorney’s Office worked together to facilitate the extradition of Rios, who was intercepted by officials in Panama.

On May 22, Panamanian officials transferred Rios to the USMS for extradition back to the United States. After arriving at the Austin Bergstrom International Airport, Rios was transported and booked into the Travis County Jail, where he will await further judicial proceedings.

The Department of Homeland Security filed an immigration detainer on Rios, who is a Colombian national and has no legal status in the United States.

The Justice Department’s Office of International Affairs worked with Panamanian authorities to secure the extradition of Rios.

Members of the Lone Star Fugitive Task Force in Austin –

Austin Police Department-Tactical Intelligence Unit
Round Rock, and San Marcos Police Department
Caldwell, Hays, Travis, and Williamson County Sheriff’s Office
Texas Attorney General’s Office
Texas Department of Criminal Justice OIG
Texas Department of Public Safety
U.S. Immigration & Customs Enforcement
U.S. DHS/Homeland Security Investigations

MIL Security OSI –

June 4, 2025
MIL-OSI Security: Chinese National at the University of Michigan Charged with Illegally Voting in the 2024 Election

Source: Office of United States Attorneys

DETROIT – A criminal complaint was filed charging Haoxiang Gao, a citizen and national of the People’s Republic of China (PRC), with false claims to register or vote and voting by aliens, announced United States Attorney Jerome F. Gorgon, Jr.

Gorgon was joined in the announcement by Special Agent in Charge Cheyvoryea Gibson, Federal Bureau of Investigation, Detroit Field Division.

According to the complaint, Gao was a college student attending the University of Michigan who illegally registered to vote in the days before the 2024 presidential election, apparently using his University of Michigan student ID, and then cast a ballot in the election at a polling location located at the University of Michigan Museum of Art, in Ann Arbor, Michigan. The complaint further alleges that Gao made false statements regarding his citizenship on his voter registration application and his early voting application. After being charged with state offenses, the state court granted Gao a $5,000 personal bond with conditions, including that he does not leave the State of Michigan and that he surrenders his passport for the pendency of the case. Gao did surrender his passport but on January 19, 2025—the day before the new administration took office in Washington—Gao jumped bond and fled the country on a flight bound for Shanghai, China. Customs and Border Protection records show that Gao passed through Detroit Metropolitan Airport security using a PRC passport in his name but bearing a number different from the number on the passport that he surrendered to University of Michigan police.

Relatedly, on Friday, May 30, 2025, a complaint was unsealed charging Gao with the federal offense of flight to avoid prosecution based on the allegations that he jumped bond and fled the country to avoid his state offenses.

United States Attorney Gorgon stated, “Illegal voting is a serious crime that cast doubt on our elections and serves to disenfranchise United States citizens by diluting their power at the ballot box. But illegal voting by a foreign national who is from a country controlled by a communist party dictatorship – with no modern history or tradition of democratic government – is beyond the pale. I hope that today’s charges send a message to foreign nationals – including those who are students at our universities – that we will not tolerate illegal voting.”

“The federal charges filed against Haoxiang Gao, a Chinese national, serve as a clear and unequivocal reminder that the FBI will investigate anyone who attempts to unlawfully interfere with the electoral process in the United States,” said Cheyvoryea Gibson, Special Agent in Charge of the FBI Detroit Field Office. “The FBI treats all allegations of voter fraud with the utmost seriousness, and we are committed to holding accountable those who violate our election laws. This case reflects the strength of our partnership with the U.S. Attorney’s Office for the Eastern District of Michigan, whose prosecutorial leadership has been critical. I also want to commend the dedicated efforts of the FBI’s Ann Arbor Resident Agency, in close collaboration with the University of Michigan Division of Public Safety & Security, for their outstanding investigative work.”

A complaint is only a charge and is not evidence of guilt. Trial cannot be held on felony charges in a complaint. When the investigation is completed, a determination will be made whether to seek a felony indictment.

The FBI is investigating this case.

MIL Security OSI –

June 4, 2025
MIL-OSI Security: Chinese Nationals Charged with Conspiracy and Smuggling a Dangerous Biological Pathogen into the U.S. for their Work at a University of Michigan Laboratory

Source: Office of United States Attorneys

DETROIT – Yunqing Jian, 33, and Zunyong Liu, 34, citizens of the People’s Republic of China, were charged in a criminal complaint with conspiracy, smuggling goods into the United States, false statements, and visa fraud, announced United States Attorney Jerome F. Gorgon, Jr.

Gorgon was joined in the announcement by Special Agent in Charge Cheyvoryea Gibson, Federal Bureau of Investigation, Detroit Division and Marty C. Raybon, Director of Field Operations, U.S. Customs and Border Protection.

The FBI arrested Jian in connection with allegations related to Jian’s and Liu’s smuggling into America a fungus called Fusarium graminearum, which scientific literature classifies as a potential agroterrorism weapon. This noxious fungus causes “head blight,” a disease of wheat, barley, maize, and rice, and is responsible for billions of dollars in economic losses worldwide each year. Fusarium graminearum’s toxins cause vomiting, liver damage, and reproductive defects in humans and livestock.

According to the complaint, Jian received Chinese government funding for her work on this pathogen in China. The complaint also alleges that Jian’s electronics contain information describing her membership in and loyalty to the Chinese Communist Party. It is further alleged that Jian’s boyfriend, Liu, works at a Chinese university where he conducts research on the same pathogen and that he first lied but then admitted to smuggling Fusarium graminearum into America—through the Detroit Metropolitan Airport—so that he could conduct research on it at the laboratory at the University of Michigan where his girlfriend, Jian, worked.

United States Attorney Gorgon stated: “The alleged actions of these Chinese nationals—including a loyal member of the Chinese Communist Party—are of the gravest national security concerns. These two aliens have been charged with smuggling a fungus that has been described as a ‘potential agroterrorism weapon’ into in the heartland of America, where they apparently intended to use a University of Michigan laboratory to further their scheme.”

U.S. Custom and Border Protection, Director of Field Operations Marty C. Raybon stated, “Today’s criminal charges levied upon Yunqing Jian and Zunyong Liu are indicative of CBP’s critical role in protecting the American people from biological threats that could devastate our agricultural economy and cause harm to humans; especially when it involves a researcher from a major university attempting to clandestinely bring potentially harmful biological materials into the United States. This was a complex investigation involving CBP offices from across the country, alongside our federal partners. I’m grateful for their tireless efforts, ensuring our borders remain secure from all types of threats while safeguarding America’s national security interests.”

Jian will be appearing this afternoon in federal court in Detroit for her initial appearance on the complaint.

A complaint is only a charge and is not evidence of guilt. Trial cannot be held on felony charges in a complaint. When the investigation is completed, a determination will be made whether to seek a felony indictment.

The FBI and CBP are investigating this case.

MIL Security OSI –

June 4, 2025

MIL-OSI: Quadient Q1 2025 sales at €258m, with strong performance in Digital and Lockers. FY 2025 guidance maintained

Source: GlobeNewswire (MIL-OSI)

Key highlights

Q1 2025 consolidated revenue of €258 million, down 1.1% on a reported basis, including the contribution of Package Concierge, and down 2.5% organically⁽¹⁾
Continued good momentum in Digital and Lockers, with double-digit growth in subscription-related revenue
Low point in the renewal cycle of mail equipment installed base, as expected
Positive current EBIT evolution supported by all three Solutions
Acceleration of digital financial automation strategy in Europe with the acquisition of Serensia, a leading French electronic invoicing certified platform
Stronger H2 anticipated on the back of continued strong momentum in Digital and Lockers with further improvement in profitability, expected Mail recovery and good order pipeline across Solutions
FY 2025 guidance maintained, i.e. organic growth acceleration in both revenue and current EBIT

Paris, 3 June 2025

Quadient S.A. (Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, today announces its 2025 first quarter consolidated revenue (period ended on 30 April 2025).

Geoffrey Godet, Chief Executive Officer of Quadient S.A., stated:

“The first quarter of 2025 has been another strong quarter for our Digital and Lockers solutions, which delivered solid levels of subscription-related revenue organic growth at +11.1% for Digital and +12.7% for Lockers, demonstrating the strength and success of our two fast growing solutions as well as the quality of our recurring business model.

As expected, our Mail performance was softer, reflecting the low point in the renewal cycle and a tough comparison base following the decertification-driven boost in 2024 in the United-States. The situation was further exacerbated by a particularly challenging American macroeconomic environment during the first quarter.

Despite these headwinds in the quarter, we achieved current EBIT organic growth, supported by EBITDA margin positive development in all three solutions.

With the acquisition of Serensia, a leading French electronic invoicing certified platform, Quadient is accelerating its digital financial automation strategy in Europe and will bring superior digital intelligent automation capabilities to its 300K+ customers worldwide, and notably to its 60K+ French customers, further accelerating their digital transformation, as they anticipate the 2026 mandatory e-invoicing law in France.

While we expect the same uncertainty and market conditions to continue in Q2, we remain confident in our ability to deliver a stronger second half. As a result, we are maintaining our full-year 2025 guidance of acceleration in both organic revenue growth and organic EBIT growth compared to the 2024 growth rates.”

Comments on Q1 2025 performance

Group revenue came in at €258 million in Q1 2025, down 1.1% on a reported basis, and 2.5% organically compared to Q1 2024. Reported growth includes a positive scope effect of €4 million from the acquisition of Package Concierge in December 2024. The currency impact was broadly flat over the period.

Subscription related revenue (€193 million, 75% of total sales) increased by +1.2% organically over Q1 2025, reflecting the continued strong momentum in Digital and Lockers. In contrast, non-recurring revenue declined by 12.0% organically against Q1 2024, due to a low point in the renewal cycle of mail equipment installed base, as expected. The decline in hardware sales has however been amplified by the challenging macroeconomic environment in the United States.

By geography, North America (59% of revenue) declined organically by 2.4% in Q1 2025, impacted by macroeconomic uncertainty in the US delaying customer decision making and a strong comparison base in Mail following last year’s decertification-driven uplift in sales. The Main European countries (33% of revenue) recorded a 2.8% organic decline, while the International segment (8% of revenue) was down 2.0% organically.

Consolidated revenue by Solution

Q1 2025 consolidated revenue

In € million	Q1 2025	Q1 2024	Change	Organic change
Digital	67	63	+6.5%	+7.2%
Mail	164	178	(7.9)%	(7.9)%
Lockers	27	20	+35.4%	+12.2%
Group total	258	261	(1.1)%	(2.5)%

Digital

In Q1 2025, revenue from Digital reached €67 million, up 7.2% organically and up 6.5% on a reported basis compared to Q1 2024.

This solid performance was driven by a strong 11.1% organic growth in Q1 2025 in subscription-related revenue, in acceleration compared to the previous quarter. Growth was broad-based across all regions, including a double-digit growth in North America. Subscription-related revenue represented 85% of Digital total sales, a further increase compared to 82% in Q1 2024.

At the end of Q1 2025, annual recurring revenue (ARR) reached €237 million⁽²⁾, vs. €232 million at the end of FY 2024, representing a 9.6% organic growth on an annualized basis.

The Digital solution continued to demonstrate healthy booking trends, highlighted by:

Robust cross-selling bookings with Mail customers, up c. +50% year-on-year;

Double-digit growth in new customer acquisition within the Enterprise business.

During the quarter, Quadient’s Digital Automation platform received several leadership recognitions across multiple analyst rankings, notably in AP/AR financial automation, where it is now ranked on par with its high positions in CCM/CXM.

Quadient is accelerating its digital financial automation strategy in Europe, with the acquisition on 2^nd June 2025 of Serensia, a leading French electronic invoicing certified platform, trusted by more than 160 customers (including TotalEnergies, Dalkia, RATP…), processing nearly 200 million invoices annually. This acquisition provides Quadient with:

First-class software Intellectual Property for its PDP platform (Partner Dematerialization Platform, registered by the French State), and

Access to Pan-European Public Procurement Online (PEPPOL) market.

This acquisition further strengthens Quadient’s Finance Automation portfolio (which includes online payment, e-invoicing, account payable and account receivable automation, credit analysis, hybrid mail, …), and further accelerates Quadient’s Mail customers’ digital transformation, by providing additional pathways towards the necessary adoption of e-invoicing solutions, legally mandated across Europe. Please refer to our dedicated press release published on 2^nd June for more details.

Mail

Mail revenue reached €164 million in Q1 2025, down 7.9% organically and on a reported basis compared to Q1 2024.

Hardware sales recorded a 15.8% organic decline in the first quarter of 2025. This decrease was primarily driven by:

A softer performance across all regions. This was expected, given the echo effect of the COVID period, with fewer contracts for renewal, reflecting the lower level of hardware placements made during the pandemic 5 years ago;
The United States was particularly affected, with a strong comparison base in Q1 2024, which had benefited from the decertification boosting effect (which ended in Q4 2024), as well as by increased economic uncertainty that delayed customer decision-making.

Subscription-related revenue (72% of Mail sales) recorded an organic decline of 4.4% in the quarter.

Despite these headwinds, Quadient continued to outperform the market this quarter.

The Mail automation platform continued to show good commercial momentum, and double-digit growth in cross-sell order intake with Lockers and +50% for Digital bookings in Q1 2025. This dynamic is illustrated by the expansion of the partnership with the University of Pittsburgh, which has long relied on Quadient’s parcel locker systems to facilitate on-campus student and staff deliveries and is now extending the relationship to include a comprehensive mail management solution.

At the end of April 2025, already 44.0% of Quadient installed base has been upgraded with its newest technology, compared to 42.4% at the end of January 2025.

H2 2025 performance is expected to recover as the Mail equipment business will be supported by a stronger pipeline of contracts up for renewal over the second part of the year.

Lockers

Lockers revenue reached €27 million in Q1 2025, a 12.2% increase on an organic basis. The reported growth stood at 35.4% year-on-year, reflecting the positive contribution from Package Concierge (€4 million in Q1 2025).

Subscription-related revenue increased by 12.7% organically in Q1 2025, benefiting from:

The outstanding strong volumes ramp up in the UK and French open networks;
The continued momentum in the US, driven by higher monetization of usage fees.

Overall, subscription-related revenue stood at 65% of total revenue in Q1 2025 (vs. 68% in Q1 2024, this small drop reflecting the different revenue mix at the recently acquired Package Concierge).

Non-recurring revenue (license & hardware sales and professional services) grew strongly by 11.4% organically in Q1 2025, driven by a significant locker placement in International, which more than offset the softer performance in North America. Moreover, another hardware sales deal for circa €5 million has been signed in International and will be recognized in H2 2025

Quadient’s global locker installed base reached c.26,100 units at the end of Q1 2025, with 600 new lockers deployed over the quarter. This reflects the accelerated pace of new locker installations, particularly in the UK open network, which has expanded nearly fourfold over the last 15 months. This growth is driven by partnerships signed in recent quarters to host parcel lockers in new prime locations.

In the UK, Quadient extended its partnership with EVRi, with a new large and long-term deal signed, including the consolidation of returns (Drop Box functionality). Quadient also signed a strategic partnership with Stasher, offering travelers a nationwide luggage storage service through Quadient’s smart locker network. These partnerships are expected to further drive volume and support continued adoption growth. In Japan (International segment), Quadient expanded the access to its network so that Amazon parcels can be delivered within approximately 6,000 “PUDO Stations” nationwide.

LIQUIDITY MANAGEMENT

In May 2025, Quadient proactively extended the maturity of its €300 million undrawn Revolving Credit Facility by an additional year, pushing it to 2030.

FY 2025 GUIDANCE MAINTAINED

While Q2 is expected to face similar markets conditions to the previous quarter and continued macroeconomic uncertainty, Quadient remains confident in its ability to deliver a stronger performance in the second half of the year. This confidence is supported by:

A good profitability start of the year, with an improvement in EBITDA margin across solutions;
Moving forward:
- Sustained strong momentum in Digital and Lockers, with further improvement in profitability;
- An expected recovery in Mail in H2, as the renewal cycle of the mail equipment installed base should reverse and provide greater opportunities;
- A promising order pipeline across solutions.

In this this context, Quadient maintains its full-year 2025 guidance, of acceleration in both organic revenue growth and organic current EBIT growth compared to the 2024 growth rates, while acknowledging that ongoing global economic disruptions and their impact, in particular on the US market, remain difficult to predict at this stage.

Q1 2025 BUSINESS HIGHLIGHTS

Quadient Recognized in Inaugural 2025 Gartner® Magic Quadrant™ for Accounts Payable Applications
On 4 April 2025, Quadient announced it has been recognized in the first ever 2025 Gartner Magic Quadrant for Accounts Payable Applications. A Gartner Magic Quadrant is a culmination of research in a specific market, giving a wide-angle view of the relative positions of the market’s competitors³.

Quadient Receives SBTi’s Validation of its GHG Emission Reduction Targets
On 7 April 2025, Quadient announced that the Science-Based Targets initiative (SBTi) has validated its greenhouse gas (GHG) emission reduction targets. SBTi is a corporate climate action initiative that provides companies with science-based guidance to reduce greenhouse gas emissions in line with the goals of the Paris Agreement. This validation confirms that Quadient’s commitments align with scientific requirements to limit global warming to 1.5°C.

Quadient Recognized in Analyst Report on Top AI Use Cases for Finance Automation
On 16 April 2025, Quadient announced it has been recognized in a recent Forrester report on ways artificial intelligence (AI) is transforming accounts receivable (AR) processes. The report, “Top AI Use Cases for Accounts Receivable Automation In 2025,” includes mentions of Quadient AR for cash application and payment notice. Quadient considers its inclusion in the report as proof of the impact its AI- and machine learning-powered financial process automation offer, enhancing efficiency, accuracy, and decision-making capabilities.

Quadient Named a Leader in the SPARK Matrix™: Customer Communication Management Report for 2025
On 24 April 2025, Quadient has been recognized as a Leader in the SPARK Matrix™: Customer Communication Management (CCM), Q2, 2025 report by global advisory and consulting firm QKS Group. This marks the fifth consecutive year Quadient has been named a Leader in the SPARK Matrix for CCM, a strategic vendor performance assessment tool that ranks vendors across the categories of Technology Excellence and Customer Impact.

Quadient: 11% Increase in Software Sales to Mail Clients in 2024 Reflects Rising Demand for Smarter, Multichannel Communications
On 30 April 2025, Quadient shared that businesses are increasingly turning to digital solutions to meet rising customer expectations for modern, multichannel communication. This shift is driving tangible growth: in fiscal year 2024, Quadient recorded a record 11% increase in cross-sales of its Digital automation solutions within its Mail customer base.

POST-CLOSING EVENTS

Stasher and Quadient Partner to Launch Nationwide Luggage Storage Using UK Smart Locker Network
On 7 May 2025, Quadient announced a strategic partnership with Stasher, the world’s first luggage storage platform. This partnership marks a significant expansion of Stasher’s UK network and will provide travelers in key cities throughout the UK, including London, Birmingham, York, Edinburgh, Newcastle, Cardiff and Manchester, with more convenient, secure, and accessible luggage storage options through more than 1,640 Parcel Pending by Quadient smart lockers.

Quadient and Nuvei Sign New Partnership to Enhance Cloud Payment Capabilities for Businesses Globally
On 13 May 2025, Quadient and Nuvei announced a strategic technology partnership to enhance cloud payment capabilities for businesses globally. Through this partnership, Nuvei’s advanced payment processing technology is now integrated into Quadient’s cloud-based Accounts Receivable (AR) and Accounts Payable (AP) automation solutions, providing businesses of all sizes across North America, the UK, and Europe with a unified platform to manage B2B payments more efficiently, securely, and at scale.

AI-powered Automation and Real-Time Payments Secure Quadient Leader Position in SPARK Matrix for Accounts Receivable
On 15 May 2025, Quadient has been positioned as a Leader in the SPARK Matrix™: Accounts Receivable Applications, 2025. This marks the fourth consecutive year Quadient has been named as a leader in the report produced by the technology advisory and research firm QKS Group. Quadient believes this recognition is a testament to its continuing commitment to help businesses accelerate digital transformation, automate financial processes to increase business performance and create high-value customer interactions.

Quadient Surpasses 300 Higher Education Locker Customers, Helping Campuses Modernize Logistics and Tackle Food Insecurity
On 27 May 2025, Quadient announced that more than 300 higher education institutions in the U.S. are now relying on Parcel Pending by Quadient Lockers for streamlined package pickup and drop-off, bookstore merchandise, class and IT equipment exchange points, and addressing the challenge of student food insecurity.

Quadient Advances AI Capabilities to Help Organizations Power Better Customer Interactions and Revenue Growth
On 28 May 2025, Quadient announced the release of advanced AI capabilities designed for crafting and orchestrating highly personalized, omnichannel customer interactions. The extended AI is part of the latest release of Quadient Inspire, an industry-leading customer communications management (CCM) solution, and represents Quadient’s continued investment in transforming the way businesses dynamically communicate with customers.

Quadient Accelerates its Digital Financial Automation Strategy in Europe with the Acquisition of Serensia
On 2 Juin 2025, Quadient announced the acquisition of Serensia, a highly recognized a leading French electronic invoicing platform provider accredited by the French government as a Partner Dematerialization Platform (PDP). This strategic acquisition strengthens Quadient’s position in digital compliance and its ability to support both its 150,000 European customers and the more than 8 million businesses impacted in France as they transition to mandatory electronic invoicing.

To know more about Quadient’s news flow, previous press releases are available on our website at the following address: https://invest.quadient.com/en/newsroom.

CONFERENCE CALL & WEBCAST

Quadient will host a conference call and webcast today at 6:00 pm Paris time (5:00 pm London time).

To join the webcast, click on the following link: Webcast.

To listen to the presentation by phone, please register using the following link to receive the dial-in details: Conference call.

A replay of the webcast will also be available on Quadient’s Investor Relations website for 12 months.

Calendar

13 June 2025: Annual General Assembly
24 September 2025: Half-year results and Q2 2025 sales

About Quadient®

Quadient is a global automation platform provider powering secure and sustainable business connections through digital and physical channels. Quadient supports businesses of all sizes in their digital transformation and growth journey, unlocking operational efficiency and creating meaningful customer experiences. Listed in compartment B of Euronext Paris (QDT) and part of the CAC® Mid & Small and EnterNext® Tech 40 indices, Quadient shares are eligible for PEA-PME investing.

For more information about Quadient, visit https://invest.quadient.com/en/.

Contacts

APPENDIX

Digital: New name for Intelligent Communication Automation

Mail: New name for Mail-Related Solutions

Lockers: New name for Parcel Locker Solutions

Q1 2025 consolidated revenue

Q1 2025 consolidated revenue by geography

In € million	Q1 2025	Q1 2024	Change	Organic change
North America⁽^a⁾	151	150	+0.6%⁽^d⁾	(2.4)%
Main European countries⁽^b⁾	86	89	(2.9)%	(2.8)%
International⁽^c⁾	21	23	(5.6)%⁽^d⁾	(2.0)%
Group total	258	261	(1.1)%	(2.5)%
(a) Including the United States and Canada. Brazil and Mexico are also part of this segment as of 1^stJanuary 2025. (b) Including Austria, Benelux, France, Germany, Ireland, Italy (excluding Mail), Switzerland, and the United Kingdom. (c) International includes the activities of Digital, Mail and Lockers outside of North America and the Main European countries. From 1^s^tJanuary 2025, Brazil and Mexico are no longer included and are now part of North America. (d) The reported changes reflect a €0.9m reclassification effect due to the transfer of Brazil and Mexico from International to North America as of 1^stJanuary 2025.

(1) Q1 2025 sales are compared to Q1 2024 sales, to which is added pro rata temporis the revenue of Package Concierge for a consolidated amount of €4 million. The currency impact is broadly neutral in the period.
(2) Q1 2025 ARR includes a €1.3 million positive currency effect vs 31 January 2025.
(3) Gartner Research Methodologies, Gartner Magic Quadrant, 28 March 2025

Attachment

The MIL Network –

June 4, 2025

MIL-OSI USA: 117-Units of Affordable Housing for Seniors in the Bronx

Source: US State of New York

overnor Kathy Hochul and Mayor Eric Adams today announced the completion of YP Senior Residence, a 117-unit affordable housing development in the Morris Heights neighborhood of The Bronx that is reserved for older New Yorkers. The $81 million project includes 37 supportive apartments where eligible tenants will receive on-site support services. Under Governor Hochul’s leadership, New York State Homes and Community Renewal (HCR) has financed almost 6,200 affordable homes in The Bronx. YP Senior Residence continues this effort and complements Governor Hochul’s $25 billion five-year housing plan, which is on track to create or preserve 100,000 affordable homes statewide.

“New York is committed to supporting our more vulnerable communities, including seniors who help build and shape neighborhoods throughout the state,” Governor Hochul said. “As an affordable housing development for older New Yorkers, YP Senior Residence is making the cost of living more affordable for over 100 households in The Bronx. Thank you to our partners for bringing this important project to fruition.”

New York City Mayor Eric Adams said, “From creating record amounts of senior housing for older New Yorkers to building historic amounts of supportive housing for people who need a little extra help, we have the most pro-housing mayoral administration in New York City history. Through our partnership with Governor Hochul and projects like this one in the Bronx, we have doubled down on those efforts, delivering the housing that New Yorkers need at prices they can afford. Whether it’s individual developments like this or generational initiatives like our ‘City of Yes for Housing Opportunity’ plan to revitalize New York City’s zoning code, we are showing what is possible when government at all levels comes together to make a real difference in building a more affordable city for New Yorkers.”

Apartments at YP Senior Residence are available to households earning up to 60 percent of the Area Median Income. There are 37 units reserved for New Yorkers age 55 and older experiencing chronic homelessness eligible for on-site support services. The remaining 80 units are available to New Yorkers age 62 and older.

YP Senior Residence includes sustainable features such as rooftop solar panels and a Variant Refrigerant Flow heating and cooling system that captures and repurposes heat already in the environment. There are Energy Star® appliances, LED lighting, energy recovery ventilation for improved indoor air quality, water-conserving plumbing, and a green roof.

The building is designed to promote a supportive environment and socialization while combatting isolation. It is full of indoor and outdoor gathering spaces including communal lounges on each floor, a rooftop terrace, and a landscaped courtyard.

The project’s developer and support services provider is the Volunteers of America — Greater New York. Robert Sanborn Development is the co-developer.

YP Senior Residence is supported by HCR’s Federal Low-Income Housing Tax Credit Program which generated nearly $35 million in equity, a $20 million first mortgage bond from its Housing Finance Agency, $4.4 million from its Office of Resilient Homes and Communities’ Affordable Housing Fund Program, and $1.7 million from its Senior Housing Program.

The project also received $6.5 million from the New York City Department of Housing Preservation and Development’s (HPD) Senior Affordable Rental Apartments program, $6.1 million from the New York State Office of Temporary and Disability Assistance’s Homeless Housing and Assistance Program, $1 million in Reso A capital discretionary funding from the Bronx Borough President and the Bronx delegation of the City Council, and $135,000 from the New York State Energy Research and Development Authority.

Operating funding for the supportive units is being provided by the Empire State Supportive Housing Initiative, administered by the New York State Department of Health. All apartments will benefit from Project-Based Section 8 vouchers administered by NYC HPD.

New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas said, “Older New Yorkers deserve the opportunity to remain in the communities they love, and that means creating affordable apartments that provide the resources and amenities they need to live independently. This $81 million investment will allow more than 100 senior households to stay in The Bronx and offers support to those individuals who need it most. We thank Governor Hochul and each of our partners for their continued commitment to addressing the housing crisis.”

New York State Office of Temporary and Disability Assistance Commissioner Barbara C. Guinn said, “The Homeless Housing and Assistance Program’s investment in YP Senior Residence will provide chronically homeless seniors in the Bronx with safe, affordable, apartments they can call home, along with easy access to vital support services that will help them remain housed and age in place with dignity and independence. We are grateful to Governor Hochul for continuing to make permanent supportive housing a priority in New York State, and to all the state and local partners who supported the development of this important project.”

New York State Health Commissioner Dr. James McDonald said, “Access to affordable housing and adequate support is critical for older adults who may otherwise experience isolation, preventable illness, homelessness or even death. Under the leadership of Governor Hochul, the Department is committed to the wellbeing of all New Yorkers, and affordable and supportive housing like the YP Senior Residence will help some of our most vulnerable residents achieve basic needs for health and safety.”

New York State Office for the Aging Director Greg Olsen said, “Housing that is affordable, accessible, and supportive ranks among the highest priorities for older adults across New York State. Thanks to Governor Hochul, New York State is addressing this need with a comprehensive plan that brings forth innovative housing models to address health and social needs at the heart of age-friendly community development.”

New York State Energy Research and Development Authority Doreen M. Harris, President & CEO said, “The completion of today’s project welcomes more than 100 clean, comfortable living spaces to the Bronx and helps ensure New York residents benefit from the latest modern building solutions. Through the use of energy efficient appliances, ventilation, and plumbing, these affordable housing units and community spaces will improve the quality of life for many senior citizens within the community.”

New York City Department of Housing Preservation and Development Acting Commissioner Ahmed Tigani said, “Older New Yorkers are often the anchors of our communities and the stewards of our shared history. That’s why, at HPD, we are deeply committed to ensuring that those who helped build and sustain their neighborhoods can age with dignity in safe, affordable homes. Today’s event is a testament to the incredible work that can happen when we work together — guided by our values and commitment to take care of our neighbors, including those who need a bit of additional support — and deliver real, tangible results.”

New York City Department of Homeless Services Administrator Joslyn Carter said, “I commend Volunteers of America-Greater New York for recognizing that older adults face unique challenges in remaining stably housed and for building affordable, supportive housing that will allow senior residents to continue to be vibrant, important members of their community. VOA-GNY has long been a vital collaborator with DHS in addressing homelessness. Here, they are stepping up once again to serve a need and ensure that older adults age with dignity and respect, maintain or establish social connections as they leave transitional housing to a permanent home.”

New York City Department of Social Services Commissioner Molly Wasow Park said, “One of my biggest priorities as commissioner has been to build bridges between the affordable housing side and the homeless services lane to create a pipeline of housing options for vulnerable New Yorkers. This project and the work of Volunteers of America-Greater New York will facilitate shelter exits and confront the issue of senior homelessness. The benefits of this residence couldn’t be clearer. We are thrilled for the tenants, who will have access to services they deserve, and we applaud VOA-GNY for being a valued partner in the effort to combat homelessness.”

Senator Kirsten Gillibrand said, “Seniors are a crucial pillar of communities across New York, and we must ensure that they have a safe and supportive place to call home. The YP Senior Residence will address the growing threats of homelessness and isolation among older adults by creating 117 affordable and supportive apartments— Including units housing seniors who have experienced homelessness and building a safe, supportive environment for its occupants. I look forward to the positive change this project will bring to the Bronx and beyond, and I will continue to fight for the right of all Americans to age with dignity and security.”

State Senator Robert Jackson said, “A society is judged by how it treats its elders — and today, we take a proud step forward. The YP Senior Residence is more than brick and mortar — it is policy made personal. It is what happens when we invest in care, not neglect; in permanence, not patches. This building says to our seniors—especially those who have known homelessness — that your journey matters, your dignity matters, and their golden years will not be lived in the shadows. Let this ribbon cutting also be a ribbon of commitment — to build not just housing, but justice, equity, and community. Congratulations to Volunteers of America and everyone who helped turn vision into refuge. Let’s keep building”

Assemblymember Yudelka Tapia said, “Ensuring our seniors have access to safe, affordable housing is a top priority. I am proud to celebrate this housing development for the Bronx, a place where our seniors can age with dignity and independence. This is exactly the kind of investment we need to ensure every New Yorker has a safe and supportive place to call home.”

Bronx Borough President Vanessa L. Gibson said, “Ensuring our older adults have safe, stable, and affordable housing is not just a promise, but a priority. With the completion of YP Senior Residence, we are taking a significant step forward in allowing our most seasoned residents to age in place with dignity, stability, and the support they deserve. I am grateful to Governor Hochul, the New York City Department of Housing Preservation and Development, the New York State Office of Temporary and Disability Assistance, the Bronx delegation of the City Council, and the New York State Energy Research and Development Authority for their continued partnership in uplifting our older New Yorkers and investing in a future where every generation is cared for and valued.”

VOA-GNY President and CEO Jeffrey R. Ginsburg said, “It is an honor to help reverse the growing crisis of senior homelessness, and address the serious risks social isolation and loneliness can have on the health of older adults. We thank our partners for their generosity and collaboration, without whom the development of YP Senior Residence would not have been possible. Older New Yorkers deserve to age with dignity and independence, and we are proud to help make this possible.”

Governor Hochul’s Housing Agenda
Governor Hochul is dedicated to addressing New York’s housing crisis and making the State more affordable and more livable for all New Yorkers. As part of the FY 2025 Enacted Budget, the Governor secured a landmark agreement to increase New York’s housing supply through new tax incentives, capital funding, and new protections for renters and homeowners. Building on this commitment, the FY 2026 Enacted Budget includes more than $1.5 billion in new State funding for housing, a Housing Access Voucher pilot program, and new policies to improve affordability for tenants and homebuyers. These measures complement the Governor’s five-year, $25 billion Housing Plan, included in the FY 2023 Budget, to create or preserve 100,000 affordable homes statewide, including 10,000 with support services for vulnerable populations, plus the electrification of an additional 50,000 homes. More than 60,000 homes have been created or preserved to date.

The FY 2025 and 2026 Enacted Budgets also strengthened the Governor’s Pro-Housing Community Program – which allows certified localities exclusive access to up to $750 million in discretionary State funding. Currently, more than 300 communities have received Pro Housing certification, including New York City.

MIL OSI USA News –

June 4, 2025
MIL-OSI Security: Cornwall — Police have a busy winter at the Cornwall border
Source: Royal Canadian Mounted Police

Between January 1, 2025 and April 1, 2025, the Ontario RCMP Border Integrity team and its partners in the Cornwall region, laid multiple charges and seized a total of $561,568 worth of contraband tobacco products. The RCMP allege that several individuals have attempted to smuggle unstamped tobacco, cigarettes, cigars and nicotine pouches which are being unlawfully imported for unregulated resale in convenience stores and other retail outlets into Ontario.

The Cornwall Regional Task Force (CRTF) is a joint task force made up of the Royal Canadian Mounted Police (RCMP), Ontario Provincial Police (OPP), the Canada Border Services Agency (CBSA), and the Ontario Ministry of Finance. We work closely with our trusted Canadian and US partners to combat crime on both sides of the border.

On January 7th, a CBSA led initiative partnering with the Cornwall Regional Task Force (CRTF) stopped a vehicle under Section 99(1)(f) of the Customs Act and a search of the vehicle found 28 boxes of unstamped tobacco with a total of 280,000 cigarettes. Driver James Johnson (34 yrs.), from Saint Regis, QC was charged with Possession of Unstamped Tobacco under Section 32(1) of the Excise Act, 2001 and Operation while Prohibited under Section 320.18 of the Criminal Code. Passenger Dylan David (35 yrs.), from Hogansburg, NY was charged with Possession of Unstamped Tobacco under Section 32(1) of the Excise Act, 2001 and Section 4(1) of the Controlled Drugs and Substances Act (CDSA) for Possession of a Schedule 1 Drug – Fentanyl.

On January 12th, a vehicle was examined by the CBSA under Section 99(1)(f) of the Customs Act and found to contain 9,360 unstamped cigars. Nadir Khedidem (23 yrs.), from Mirabel, QC was charged by the RCMP pursuant to Section 32(1) of the Excise Act, 2001 and was convicted.

On January 16th, two vehicles that had crossed the Cornwall border were stopped and searched under Section 99(1)(f) of the Customs Act and a total of 18 cases of nicotine pouches, for a total of 36,000 pouches were seized. Reese Hitterman-Carr (24 yrs.) from Lancaster, ON and Adam Bomberry (31 yrs.) from Akwesasne, NY were arrested and charged under Sections 155 and 159 (1) of the Customs Act.

On January 27th, Lawrence Oakes (22 yrs) from Cornwall was arrested by Cornwall RCMP after fleeing from a secondary examination by CBSA officers at the border and striking a marked Police vehicle. Oakes is charged with Assaulting a Police Officer with a weapon, Dangerous Driving, Flight from Police and Fail to Comply to Release Order.

In late February, a CBSA led initiative partnering with the CRTF collaborated to arrest, Robert Green (32 yrs.), from Ohsweken, ON under Sections 155 and 159(1) of the Customs Act and Section 32(1) of the Excise Act, 2001 for possession of 37,000 nicotine pouches, 7200 cigars and 1440 ounces of chewing tobacco for a total of $294,560. Green was released on an undertaking and appeared in court on May 20th.

On February 26th a CBSA led initiative partnering with the CRTF spotted three individuals behind a restaurant in Cornwall where they were allegedly exchanging nicotine pouches from the trunks of their vehicles. RCMP arrested all three males on Customs Act charges and seized over $ 160 Thousand dollars’ worth of nicotine pouches. Nasim El Bendago (22 yrs.) from Gatineau, QC, Zahir Taskie (20 yrs.) from Orleans, ON, and Mark Wesley (24 yrs.) from Scarborough, ON were arrested under Sections 155 and 159(1) of the Customs Act for possession of these nicotine pouches. Wesley also faces charges for possession for the purpose of trafficking under Section 5 (2) of the CDSA. All three were released on undertakings and will appear in court on June 3rd.

On February 24th, Megan Morin (22 yrs.) from Longueuil, QC was found with a total of 255 cartons of illegal cigars which was seized from the trunk of the vehicle she was driving. Morin was charged with Possession of Unstamped Tobacco, contrary to Section 32(1) of the Excise Act, 2001, released on an undertaking and was convicted on May 7th.

In March, law enforcement seized 3,122 tins of flavoured nicotine pouches from a driver allegedly attempting to illegally import them across the Cornwall border. The male driver was arrested initially under Sections 155 and 159(1) of the Customs Act, however, has subsequently been released without charges.

On March 8th, a traffic stop led the OPP and RCMP to an observation of a total of 2,532 tins of Unstamped Tobacco valued at over $56,000 which was seized immediately. The driver, Asiful Haque (27 yrs.) from Scarborough, ON was arrested under Section 32(1) of the Excise Act, 2001 for Unlawful Possession of Unstamped Tobacco. Haque was released on bail and is scheduled to appear in court on May 29th.

“Thanks to the CBSA, OPP, OPP-BEST, Ontario Ministry of Finance, and Cornwall RCMP for their dedicated collaboration which continues to produce successful results, taking contraband, including nicotine pouches, off our streets.”
—Inspector Etienne Thauvette, Officer in Charge RCMP Cornwall Detachment

“Canada Border Services Agency officers are committed to disrupting organized crime. By intercepting contraband, we stop proceeds from being reinvested into other criminal activity. We will continue to work closely with the RCMP and other law enforcement partners to keep our communities safe.”
—Jag Johnston, Regional Director General, CBSA Northern Ontario Region

“The OPP is committed to working with our provincial and national partners to stem the flow of contraband tobacco, as well as illegal drugs and firearms, contributing to safer communities.”
– OPP Acting Detective Inspector Tyler Stewart, Border Enforcement Security Task Force

Products seized
- Unstamped tobacco: 633 KG
- Cigarettes: 280 000
- Nicotine pouches: 180 380
- Cigars: 17 400
- Chewing tobacco: 1440 oz
Vehicles seized
- 2003 Chevy Silverado
- 2015 Mazda 3
- 2010 Black Kia Forte
- 2020 Grey Honda Civic
- 2014 White KIA Sedan
- 2010 White Honda Civic
- 2005 GMC Savana
- 2009 White Dodge Ram Crew Cab
Fast facts:
- Ontario RCMP Border Integrity protect over 2,700km of the Canada-US border from Cornwall through the Great Lakes to the Manitoba border. The Canada-US border is the longest, safest border in the world.
- Oral nicotine pouches over the 4mg limit as per the Food and Drugs Act are classified as prescription drugs as per Health Canada’s prescription drug list.
- No person other than one of following shall import a prescription drug: a practitioner, a drug manufacturer, a wholesale druggist, a pharmacist or a resident of a foreign country while a visitor to Canada (policy of a 90-day supply).
- Its effects are widespread, impacting public health, public safety, government revenue, and the broader economy.
- Revenues from contraband tobacco often support organized crime activities, such as drug trafficking, human trafficking, and firearms smuggling.
- Smuggling networks engage in violent activities and corruption, increasing risks to the public and law enforcement agencies.
- The Canada Border Services Agency screens goods coming into Canada and examines more closely those that may pose a threat to the safety of Canadians.
- For the latest enforcement statistics, visit Canada Border Services Agency seizures.
If you have any information related to smuggling, drug importation, trafficking, or possession, or wish to report other criminality, you can contact the Ontario RCMP at 1-800-387-0020, the confidential CBSA Border Watch toll-free line at 1-888-502-9060 or anonymously through Crime Stoppers at 1-800-222-8477 (TIPS), at any time.

MIL Security OSI –
June 4, 2025
MIL-OSI Security: Illegal immigrant gets 12 years in prison for his part in India-based fraud targeting elderly victims across the Midwest

Source: Office of United States Attorneys

EAST ST. LOUIS, Ill. – An illegal immigrant from India got 12 years in prison for his role in an imposter scam that defrauded elderly victims in three states out of more than $400,000.

In February, a federal jury convicted Nirav B. Patel, 44, an Indian citizen, of one count of conspiracy to commit wire and mail fraud, three counts of wire fraud, and one count of illegal entry into the U.S. by an alien.

“This illegal alien admitted that he came to Illinois because the state would give him a driver’s license, and then he used that license to steal from the elderly all across the Midwest,” said U.S. Attorney Steven D. Weinhoeft. “We will continue to do all we can to remove this criminal element from our country.”

In an imposter scam, fraudsters pose as government officials to manipulate and exploit elderly victims for money. This scheme targeted elderly victims with text messages and emails purportedly warning that their Amazon accounts had been compromised. When the victims followed up on the messages, they were redirected to scammers posing as federal agents who convinced the victims that they were victims of identity theft who needed to withdraw their life savings to be held in phony U.S. Treasury or FTC trust accounts for safekeeping.

In reality, the money was stolen and ultimately transferred to accounts controlled by the scammers in India. The fraudsters kept the victims on the hook by calling them constantly, sometimes for up to 12 hours a day. The scammers also threatened victims with criminal liability if they told their friends or family what was going on.

Patel traveled to the elderly victims’ residences to pick up cash and assets to support the crime. Trial testimony established that, in one instance, Patel picked up $177,000 in gold bars from an elderly resident at her assisted living facility, even though she was pushing a walker and on oxygen.

In addition to the fraud charges, Patel was convicted for entering the U.S. illegally. Evidence showed that Patel snuck into the U.S. near Vancouver before connecting with the fraudsters in Georgia. Patel’s fraud operation was based in the Chicago, where he could get an Illinois driver’s license despite being in the U.S. unlawfully. From there, he drove hundreds of miles through Wisconsin, Illinois, and Indiana to take money and gold from elderly victims on behalf of the fraud scheme.

In imposing the 12-year sentence, the Court rejected Patel’s claim that he had no idea what was going on, noting the scammers entrusted Patel with hundreds of thousands of dollars at a time. These scams need people on the ground in the U.S. in order to be successful, the court continued, and those willing to help them steal from elderly victims should receive stiff sentences to deter others from doing the same thing in the future.

“This case highlights the serious public safety risks posed by individuals who enter the United States illegally and exploit our systems to target some of the most vulnerable among us,” said ICE Homeland Security Investigations Chicago Special Agent in Charge Matthew Scarpino. “HSI remains committed to identifying and dismantling transnational criminal schemes, especially carried out by perpetrators who flout our immigration laws to defraud and target elderly Americans. HSI will continue working with our partners to ensure that those who abuse our country’s generosity are held accountable.”

The Federal Trade Commission reported in March 2025 that imposter scams are now the most common type of consumer fraud against Americans. If you or a loved one has been a victim of this kind of fraud, call the National Elder Fraud Hotline by dialing 1-833-372-8311.

The case was investigated by Homeland Security Investigations, the Edwardsville Police Department, the Merrill Wisconsin Police Department, the Lincoln County Wisconsin Sheriff’s Office, and the Franklin Indiana Police Department.

Assistant U.S. Attorneys Peter T. Reed and Steve Weinhoeft prosecuted the case.

MIL Security OSI –

June 4, 2025
MIL-OSI Security: Nine Defendants Charged with Federal Immigration Crimes
Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

Nine Defendants Charged with Federal Immigration Crimes

BIRMINGHAM, Ala. – A federal grand jury in Birmingham has charged nine individuals with immigration crimes, announced U.S. Attorney Prim Escalona.

The following defendants were indicted for illegally reentering the United States after having previously been deported:
- Jesus Malaquias Manuel-Marcos, 44, a citizen of Guatemala;
- Sergio Rogelio Sandoval-Luna, 26, a citizen of Mexico;
- Jose Medrano Aguilar-Rodriguez, 42, a citizen of Mexico;
- Jose Alberto Sanchez-Pineda, 35, a citizen of Mexico;
- Sergio Dominguez-Bautista, 42, a citizen of Mexico;
- Husaid Cruz-Santos, 28, a citizen of Mexico;
- Berenice Margarita Reyes-Rodriguez, 44, a citizen of Mexico; and
- Pedro Paz-Diaz, 36, a citizen of Guatemala
Elvin Geovanny Lopez-Diaz, 19, a citizen of Honduras, was charged with being an alien in possession of a firearm.

These cases are part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN). Operation Take Back America partners Homeland Security Investigations – Atlanta and Bureau of Alcohol, Tobacco, Firearms, and Explosives Nashville Field Division investigated these cases.

An indictment contains only charges. A defendant is presumed innocent unless and until proven guilty.

MIL Security OSI –
June 4, 2025
MIL-OSI Video: Meeting by the UNSG ahead of the 4th International Conference on Financing for Development

Source: Republic of South Africa (video statements)

High-Level Virtual Meeting convened by the UNSG ahead of the 4th International Conference on Financing for Development

https://www.youtube.com/watch?v=zheteD2uSX8

MIL OSI Video –

June 4, 2025
MIL-OSI Canada: Government of Canada strengthens border security
Source: Government of Canada News (2)

News release

A strong Canada means strong borders. Today, the Honourable Gary Anandasangaree, Minister of Public Safety introduced the Bill, the Strong Borders Act to strengthen our laws and keep Canadians safe.
June 3, 2025 – Ottawa, Ontario

A strong Canada means strong borders. Today, the Honourable Gary Anandasangaree, Minister of Public Safety introduced the Bill, the Strong Borders Act to strengthen our laws and keep Canadians safe.

The Bill will keep Canadians safe by ensuring law enforcement has the right tools to keep our borders secure, combat transnational organized crime, stop the flow of illegal fentanyl, and crack down on money laundering. It will bolster our response to increasingly sophisticated criminal networks, and enhance the integrity and fairness of our immigration system while protecting Canadians’ privacy and Charter rights.

Securing the border
- Amend the Customs Act to secure our borders against illicit drug trafficking, weapons smuggling, and auto theft:
  
  obligating owners and operators at certain ports of entry/exit to provide, equip, and maintain facilities for any purpose related to the administration and enforcement of CBSA’s mandate which includes the examination and detention of goods destined for export;
  
  allowing the CBSA access to premises under the control of transporters and warehouse operators to perform examinations in places where goods destined for export are reported, loaded, unloaded, or stored.
- Amend the Oceans Act to add security-related activities to coast guard services, which will enable the Canadian Coast Guard to conduct security patrols and collect, analyse and disseminate information and intelligence for security purposes;
- Enhance the ability of the Royal Canadian Mounted Police (RCMP) to share information collected on registered sex offenders with domestic and international law enforcement partners;
- Protect the asylum system against sudden increases in claims by introducing new ineligibility rules.
- Improve how asylum claims are received, processed, and decided;
- Strengthen authorities to cancel, suspend or change immigration documents, and to cancel, suspend or stop accepting new applications; and
- Improve how Immigration, Refugees and Citizenship Canada (IRCC) shares client information with federal, provincial and territorial partners.
Combatting transnational organized crime and illegal fentanyl
- Create a new accelerated scheduling pathway that allows precursor chemicals that can be used to produce illicit drugs to be rapidly controlled by the Minister of Health. This will allow law and border enforcement agencies to take swift action to prevent their illegal importation and use and to ensure strict federal oversight over any legitimate use of these chemicals;
- Amend the Criminal Code and the Mutual Legal Assistance in Criminal Matters Act to facilitate law enforcement’s access to basic information and data, and amend the Canadian Security Intelligence Service (CSIS) Act to ensure CSIS’s investigative tools also keep pace;
- Introduce the Supporting Authorized Access to Information Act (SAAIA) to ensure that electronic service providers have the capabilities to support law enforcement agencies and the CSIS in criminal and intelligence investigations by compelling them to fulfill legally authorized requests to access or intercept information and communications;
- Amend the Canada Post Corporation Act to remove barriers that prevent police from searching the mail, where authorized to do so in accordance with an Act of Parliament, to advance a criminal investigation; and
- Expand Canada Post’s inspection authority to open mail.
Disrupting illicit financing
- Strengthen Canada’s anti-money laundering and anti-terrorist financing regime, including through stronger anti-money laundering penalties;
- Address some of the most prevalent types of money laundering, including through new restrictions on large cash transactions and ‘third party deposits’;
- Enhance supervisory collaboration and support high standards of regulatory compliance by adding the Director of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) to the Financial Institutions Supervisory Committee (FISC) and enabling FINTRAC to exchange supervisory information on federally regulated financial institutions with FISC; and
- Clarify public to private information sharing provisions to help better detect and deter money laundering and support the recently created Integrated Money Laundering Intelligence Partnership (IMLIP) between banks and law enforcement.
The Strong Borders Act is a key component of our plan to build a safer and more secure Canada. Further action will be announced over the coming months to keep our communities safe, get guns off our streets, and make bail harder to get for repeat offenders charged with car theft, home invasions, human trafficking and drug smuggling.
Quotes

“Our government made a commitment to keep our communities safe and work with our American partners to strengthen our border. The Strong Borders Act will help us tackle organized crime, and further equip our border and law enforcement agencies with the authorities and resources they need to keep our border secure – for both American and Canadian communities.”

–       The Honourable Gary Anandasangaree, Minister of Public Safety

“Canada is taking action to respond to rising migration pressures. We’re improving security at the Canada-US border and making our immigration and asylum systems stronger, more flexible, and responsive to new and developing pressures. This is about protecting the integrity of our system while building a safer and more resilient Canada.”

–       The Honourable Lena Metlege Diab, Minister of Immigration, Refugees and Citizenship

“Canada is stepping up in the fight against transnational financial crime. This bill will strengthen supervision and enforcement to combat money laundering and terrorist financing – reinforcing our government’s commitment to stop illicit financial flows.”

–       The Honourable François-Philippe Champagne, Minister of Finance and National Revenue

“Canada’s criminal laws must keep pace with an evolving landscape. This legislation strengthens the tools available to law enforcement to detect and investigate serious crimes, while upholding the Charter rights of people in Canada and respecting the rule of law.”

–       The Honourable Sean Fraser, Minister of Justice and Attorney General of Canada and Minister responsible for the Atlantic Canada Opportunities Agency

“Expanding the Canadian Coast Guard’s services to include security activities will help ensure the protection and sovereignty of our vast coasts and waterways. With our extensive fleet and experience on the water, we are well positioned to make a significant contribution to Canada’s national security, making the country stronger, more adaptable, and more responsive.”

–       The Honourable Joanne Thompson, Minister of Fisheries

“This legislation will give Canada stronger tools in the fight against fentanyl so together with all levels of government, Indigenous communities, and public health and law enforcement partners, we can save lives and keep our communities safe.”

–       The Honourable Marjorie Michel, Minister of Health

“Canada’s new Government is committed to protecting the health and safety of Canadians. The proposed amendments to the Canada Post Corporation Act will help stop the flow of drugs in Canada. This will help to prevent thousands of overdoses and save lives.”

–       The Honourable Joël Lightbound, Minister of Government Transformation, Public Works and Procurement

Quick facts
- Through Canada’s Border Plan, the Government of Canada is investing $1.3 billion in concrete action to keep communities safe on both sides of the border.
- The Border Plan provides $200 million to Public Safety Canada and the Communications Security Establishment Canada to support enhanced gathering of intelligence on transnational organized crime and illegal fentanyl, and enable sharing with law enforcement partners across Canada and the United States.
- Moreover, providing $743.5 million over five years, including $159.5 million ongoing, was provided to support the stability and integrity of Canada’s asylum system, increasing processing and decision-making capacity.
- In recent years, the Government has invested more than $379 million to strengthen the effectiveness of Canada’s Anti-Money Laundering/Anti-Terrorist Financing Regime, and made or is making legislative and regulatory changes, including by providing new tools to law enforcement, adding new criminal offences and strengthening penalties, enhancing information sharing, expanding the Regime to new sectors at risk of money laundering, and providing the CBSA with new authorities to pursue trade-based money laundering.
- The Canada Border Services Agency is Canada’s first line of defence at 1,200 ports of entry across the country. Day in and day out, approximately 8,600 frontline personnel play a crucial role protecting our communities by preventing illegal goods and inadmissible people from entering Canada. For more on the CBSA’s enforcement actions visit: Canada Border Services Agency enforcement action statistics.
- The Government of Canada is committed to recruiting 1,000 more RCMP personnel to tackle drug and human trafficking, foreign interference, cybercrime, and the organized criminal gangs, as well as to the hiring of over 1000 additional CBSA personnel, including border services officers, intelligence analysts and specialized chemists, and the training of up to 9 new detector dog teams.
Associated links

Contacts

Alice Hansen
Director of Communications
Office of the Honourable Gary Anandasangaree
Minister of Public Safety
Alice.Hansen@ps-sp.gc.ca

Media Relations
Public Safety Canada
613-991-0657
media@ps-sp.gc.ca

Chantalle Aubertin
Deputy Director of Communications
Office of the Minister of Justice and Attorney General of Canada and Minister responsible for the Atlantic Canada Opportunities Agency
Chantalle.Aubertin@justice.gc.ca

Media Relations
Department of Justice Canada
613-957-4207
media@justice.gc.ca

Media Relations
Canada Border Services Agency
1-877-761-5945
media@cbsa-asfc.gc.ca

Audrey Milette
Office of the Honourable François-Philippe Champagne
Minister of Finance and National Revenue
audrey.milette@fin.gc.ca

Media Relations
Department of Finance Canada
613-369-4000
mediare@fin.gc.ca

Mathis Denis
Press Secretary and Senior Communications Advisor
Office of the Honourable Joël Lightbound
343-573-1846
mathis.denis@tpsgc-pwgsc.gc.ca

Media Relations
Transformation, Public Services and Procurement
819-420-5501
media@pwgsc-tpsgc.gc.ca

Media Relations
Canadian Security Intelligence Service
613-231-0100
Media-medias@smtp.gc.ca

Renée LeBlanc Proctor
Press Secretary
Minister’s Office
Immigration, Refugees and Citizenship Canada
Renee.Proctor@cic.gc.ca

Media Relations
Immigration, Refugees and Citizenship Canada
613-952-1650
media@cic.gc.ca

Media Relations
Health Canada
613-957-2983
media@hc-sc.gc.ca

Media Relations
Fisheries and Oceans Canada
media.qc@dfo-mpo.gc.ca

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MIL OSI Canada News –
June 4, 2025
MIL-OSI Canada: The Strong Borders Act – Government of Canada strengthens border security
Source: Government of Canada News

The Bill will strengthen our laws and keep Canadians safe by ensuring law enforcement has the right tools to keep our borders secure, combat transnational organized crime, stop the flow of illegal fentanyl, and crack down on money laundering. It will bolster our response to increasingly sophisticated criminal networks, and enhance the integrity and fairness of our immigration system while protecting Canadians’ privacy and Charter rights.

Securing the border

The Bill proposes to:

Amend the Oceans Act to:
- Expand the Canadian Coast Guard’s services to include security activities that will strengthen sovereignty and maritime domain awareness, particularly in remote Arctic waters;
- This will enable the Canadian Coast Guard to conduct security patrols and collect, analyze and share information and intelligence for security purposes.
Amend the Sex Offender Information Registration Act to:
- Enhance the ability of the Royal Canadian Mounted Police (RCMP) to share information collected under the Act on registered sex offenders with domestic and international partners, including those located in the United States.
Amend the Immigration and Refugee Protection Act and the Department of Citizenship and Immigration Act to:
- Authorize Immigration, Refugees and Citizenship Canada (IRCC) to share client information, such as identity, status and immigration documentation with federal, provincial and territorial partners through signed information-sharing agreements;
- Make it easier for IRCC to share client information between different IRCC programs (e.g. using permanent residence application data to process citizenship applications);
- Allow for regulations to be developed to share client information across federal departments for the purpose of cooperation.
Amend the Immigration and Refugee Protection Act to strengthen control over immigration documents for the public interest., These new authorities, which could be used for matters of public health or national security, would allow Canada to:
- Cancel, suspend or change groups of immigration documents immediately;
- Pause the acceptance of new applications;
- Pause or cancel the processing of applications already in the inventory.
Amend the Immigration and Refugee Protection Act to improve and modernize the asylum system by making it more efficient and easier for claimants to navigate. These changes would:
- Simplify the online application process and make the process the same whether someone claims asylum at a port of entry or at an in-land IRCC office;
- Refer complete claims to the Immigration and Refugee Board of Canada (IRB) to speed up decisions;
- Ensure that claims are only decided by the IRB while the claimant is physically present in Canada;
- Remove inactive cases from the system;
- Speed up voluntary departures by making removal orders effective the same day a claim is withdrawn;
- Help vulnerable claimants, like minors or those who don’t understand the process, by assigning representatives to support them during IRCC and CBSA proceedings.
In addition, two proposed ineligibility measures in the Bill would protect the asylum system against sudden increases in claims.
- Asylum claims made by people more than one year after first arriving in Canada after June 24, 2020, would not be referred to the IRB. This would apply to anyone, including students and temporary residents, regardless of whether they left the country and returned;
- Asylum claims from people who enter Canada from the United States along the land border between ports of entry and make a claim after 14 days would not be referred to the IRB;
- People who are affected by these ineligibility provisions may still apply for a pre-removal risk assessment (PRRA) to make sure they are not sent back to a country where they could face harm.
Combatting transnational organized crime and illegal fentanyl

The Bill proposes to amend the Controlled Drugs and Substances Act and the Cannabis Act to:
- Create a new accelerated scheduling pathway that allows precursor chemicals that can be used to produce illicit drugs to be rapidly controlled by the Minister of Health. This will allow law and border enforcement agencies to take swift action to prevent their illegal importation and use and to ensure strict federal oversight over any legitimate use of these chemicals.
Amend the Criminal Code, the Customs Act, the Mutual Legal Assistance in Criminal Matters Act, and the Canadian Security Intelligence Service (CSIS) Act to:
- Facilitate law enforcement’s ability to lawfully access basic information and data that is necessary in the early stages of criminal investigations and ensure that CSIS’ investigative tools keep pace;
- Update existing law enforcement tools to keep pace with modern digital challenges, including to explicitly deal with the search of computer systems and data stored on or accessible from those systems;
- Clarify the ability of law enforcement to exercise specific powers and seize specific information without a warrant in urgent, time-sensitive circumstances (e.g., live abuse of a child);
- Obligate transporters and warehouse operators to provide access to their premises to allow for export inspections by CBSA officers and require owners and operators of certain ports of entry/exit to provide facilities for export inspections, as is already required for imported goods.
Introduce the Supporting Authorized Access to Information Act (SAAIA):
- Ensure that electronic services providers (ESPs) have the capabilities in place to support law enforcement agencies and CSIS in criminal and intelligence investigations by requiring them to fulfil lawfully authorized requests to access or intercept information and communications.
Amend the Canada Post Corporation Act to:
- Remove barriers that prevent police from searching mail, where authorized to do so in accordance with an Act of Parliament, to carry out a criminal investigation.
- Expand Canada Post inspection authority to open mail.
Disrupting illicit financing

The Bill also proposes to amend the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) to:
- Strengthen anti-money laundering supervision, compliance, and enforcement, including through increased civil and criminal penalties;
- Address some of the most prevalent types of money laundering, including through new restrictions on large cash transactions and third party cash deposits;
- Require businesses regulated for anti-money laundering purposes, that are not already registered, to enroll with Financial Transactions and Reports Analysis Centre of Canada (FINTRAC); and
- Permit disclosures from the FINTRAC to the Office of the Commissioner of Canada Elections.
The Bill also proposes to amend the PCMLTFA with related amendments to the Personal Information Protection and Electronic Documents Act to clarify public to private information sharing provisions to help better detect and deter money laundering and support the recently created Integrated Money Laundering Intelligence Partnership (IMLIP) between banks and law enforcement.

The Bill proposes to amend the Office of the Superintendent of Financial Institutions Act to make the Director of FINTRAC a member of the Financial Institutions Supervisory Committee (FISC), as well as to amend the Proceeds of Crime (Money Laundering) and Terrorist Financing Act to enable the Director to exchange information with the other members of FISC.

MIL OSI Canada News –
June 4, 2025
MIL-OSI United Kingdom: Housing Bill: Greens’ ‘Mansion Tax’ bid rejected by other parties

Source: Scottish Greens

03 Jun 2025 Finance

Property taxes are important to ensure the wealthiest people pay their fair share back into our public services.

More in Finance

Proposals put forward by Scottish Green MSP Ross Greer for a ‘Mansion Tax’ on the sale of the million pound plus homes have been rejected by all other parties.

Mr Greer tabled amendments to the Housing (Scotland) Bill to create a new band of Land and Buildings Transaction Tax on the most expensive homes. This would have raised money for public services in need of financial support.

The highest rate of Land and Buildings Transaction Tax for residential properties is 12%, starting at £750,000. The Green MSP had proposed that a further band should kick in at £1 million, suggesting it start at 15%. During a debate on the proposals in Parliament he pointed to the example of the Newliston Estate near Edinburgh, currently on sale for offers over £15 million, suggesting that its buyer should pay a higher rate of tax than someone purchasing an £800,000 townhouse in the city.

The proposal was rejected by SNP, Labour and Conservative members of the Scottish Parliament’s Local Government and Housing Committee.

Mr Greer said:

“It is disappointing that MSPs from other parties rejected our Green proposal for a Mansion Tax.

“A higher tax on the biggest and most luxurious properties could have raised money to support public services like the NHS and schools. Only the very wealthiest people in the country, who can afford to pay more, would have been impacted.

“Scotland has enough wealth to end injustices like child poverty tomorrow, but far too much of this money is in the hands of a tiny number of super-rich people and big corporations.

“Property taxes are important to ensure the wealthiest people pay their fair share back into our public services. I hope other MSPs remember that when they next complain about cuts to public services due to a lack of money.”

MIL OSI United Kingdom –

June 4, 2025

MIL-OSI: Amplify ETFs Bitcoin Option Income ETFs Declare First Income Distributions

Source: GlobeNewswire (MIL-OSI)

CHICAGO, June 03, 2025 (GLOBE NEWSWIRE) — Amplify ETFs, a leading provider of breakthrough ETF solutions, announces the initial income distribution for its newly launched Bitcoin* option income ETFs.

The Amplify Bitcoin 2% Monthly Option Income ETF¹ (BITY) and Amplify Bitcoin Max Income Covered Call ETF (BAGY) achieved their stated distribution expectations, demonstrating the effectiveness of weekly options-writing on Bitcoin ETPs.

“We are pleased to deliver on the income objectives we set at launch for BITY and BAGY,” said Christian Magoon, CEO of Amplify ETFs. “As Bitcoin reaches all-time highs, we’re encouraged to see our ETFs generating income and standing up alongside traditional Bitcoin ETFs. Our differentiated approach continues to resonate with investors looking for yield-enhanced exposure to Bitcoin’s long-term growth story.”

Ticker	ETF Name	Distribution Rate²	Amount per Share	Distribution Frequency	30 Day SEC Yield²
BAGY	Amplify Bitcoin Max Covered Call Income ETF	32.25%	$1.46125	Monthly	3.10%
BITY	Amplify Bitcoin 2% Monthly Option Income ETF	25.62%	$1.16540	Monthly	2.42%

Distributions as of 5/30/25 included an estimated return of capital: BAGY 96%, BITY 96%. Past performance does not guarantee future results.

“The weekly option writing approaches of BAGY and BITY are effectively taking advantage of Bitcoin’s price volatility for option income, underlining our commitment to maximizing option income potential while providing Bitcoin price exposure. Our goal is to monetize Bitcoin’s volatility,” said portfolio manager, Kevin Kelly.

With these successful launches and distributions, Amplify ETFs strengthens its position as a leader in income-generating ETF strategies, extending that expertise to crypto-linked income solutions.

Learn more:

About Amplify ETFs
Amplify ETFs, sponsored by Amplify Investments, has over $11 billion in assets across its suite of ETFs (as of 5/30/2025). Amplify ETFs delivers expanded investment opportunities for investors seeking growth, income, and risk-managed strategies across a range of actively managed and index-based ETFs. To learn more visit AmplifyETFs.com.

Sales Contact: Amplify ETFs 855-267-3837 info@amplifyetfs.com	Media Contact: Gregory FCA for Amplify ETFs Kerry Davis 610-228-2098 amplifyetfs@gregoryfca.com

¹Formerly Amplify Bitcoin 24% Premium Income ETF
²Distribution Rate is the normalized current distribution (annualized) over NAV per share. 30-Day SEC Yield is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among bond funds. It is based on the most recent month end. This figure reflects the income earned from dividends – excluding option income – during the period after deducting the Fund’s expenses for the period

*The Funds do not invest directly in bitcoin. Bitcoin ETPs are exchange-traded investment products not registered under the 1940 Act that seek to generally match the performance of the price of Bitcoin, and trade intra-day on a national securities exchange.

There is no guarantee that BITY will achieve the Target Option Premium in any given year. If the NAV of the Fund remains level or decreases during any one-year period, the annualized premium generated by the Fund may be significantly less than the Target Option Premium for that time period.

Carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. This and other information can be found in the Fund’s statutory and summary prospectuses, which may be obtained at AmplifyETFs.com. Read the prospectus carefully before investing.

This information is not intended to provide and should not be relied upon for accounting, legal or tax advice, or investment recommendations. To receive a distribution, you must be a registered shareholder of the fund on the record date. Distributions are paid to shareholders on the payment date. There is no guarantee that distributions will be made in the future. Your own trading will also generate tax consequences and transaction expenses. Past distributions are not indicative of future distributions. Please consult your tax professional or financial adviser for more information regarding your tax situation.

Investing involves risk and possible loss of principal. There is no guarantee the investment strategy will be successful. The Funds are considered to be non-diversified. The Funds are actively managed and their performance reflects the investment decisions the Adviser makes for the Funds.

The Funds face risks by investing in Bitcoin through the Bitcoin ETP and Bitcoin ETP Options, as bitcoin is a new and highly speculative investment. The market for bitcoin is volatile and subject to rapid changes, regulatory actions, and numerous challenges to widespread adoption. Issues such as slow transaction processing, variable fees, and price volatility further increase these risks.

There is a lack of consensus regarding the regulation of digital assets, including bitcoin, and their markets. Trading in shares of a Bitcoin ETP on U.S. securities exchanges may be halted due to market conditions or for reasons that, in the view of an exchange, make trading in shares of the Bitcoin ETP inadvisable.

Option contract prices are volatile and affected by changes in the underlying asset’s value, interest or currency rates, and expected volatility, all of which are influenced by political, fiscal, and monetary policies. The Funds may use FLEX Options, which can be less liquid than standardized options. This may make it difficult to close out FLEX Options positions at desired times and prices.

With covered call risk, the Funds might miss out on profits if the security’s value rises above the option’s premium and strike price while still facing potential losses if the value declines. With covered put risk, significant stock price increases can lead to substantial losses on your short position. The premium provides some income but may not fully offset the loss if the stock rallies unexpectedly.

The Funds currently expect to make distributions on a monthly basis, a portion of which may be considered return of capital.

Amplify Investments LLC serves as the investment adviser to the Funds. Kelly Strategic Management, LLC and Penserra Capital Management LLC each serve as investment sub-advisers to the Funds.

Amplify ETFs are distributed by Foreside Fund Services, LLC.

The MIL Network –

June 4, 2025

MIL-OSI United Nations: Deputy Secretary-General’s remarks at the Opening Ceremony of the 8th Session of the Global Platform for Disaster Risk Reduction [as delivered]

Source: United Nations secretary general

H.E. Mr. Ignazio Cassis, Foreign Minister of Switzerland and Member of the Swiss Federal Council; Excellencies; Distinguished Delegates; Ladies and Gentlemen,

This 2025 Global Platform for Disaster Risk Reduction comes at a critical point in time.

Let me express my sincere appreciation to the Government and people of Switzerland for welcoming us at this crucial juncture on the road to 2030, and to co-chairs Patricia Danzi and Kamal Kishore and their dedicated teams for their leadership in steering the 8th Global Platform forward.

We gather here with a profound sense of urgency, but also among geopolitical tensions, and an unwavering responsibility.

Just last week, I stood among global leaders at the first High-Level International Conference for Glaciers’ Preservation in Dushanbe, witnessing first-hand the impact of climate change on Tajikistan’s Glacier’s in the Pamir mountain range. As a global community, the Conference issued an urgent call for action to safeguard these fragile ecosystems, reduce the impact of climate change on water-related ecosystems and invest in disaster prevention.

Days later, one of the biggest Alpine disasters struck just 130 kilometres from here in Blatten. A glacier collapse could have cost countless lives, but thanks to the early warning systems, people and their livestock were evacuated in time.

Still, the devastation is profound. I extend my deepest sympathies to the people of Blatten, who now face a difficult task of recovering what was lost.

This disaster is a stark reminder: early warnings save lives, but they alone cannot save glaciers from disappearing. Communities and ecosystems depend on these ice reserves, and the consequences of their loss are irreversible.

If global warming exceeds 1.5°C, the impacts will cascade across the planet. The UN Secretary-General’s Early Warnings for All Initiative is helping countries prepare for climate-related shocks while strengthening climate resilience. But we must scale up this rapidly, ensuring that no one is left behind.

Excellencies,

When we came together in 2015 to adopt the Sendai Framework for Disaster Risk Reduction, the Paris Agreement, and the 2030 Agenda for Sustainable Development, we did more than set ambitious goals, we made a solemn promise to build a world that is safer, more equitable, and more resilient.

Yet, that promise stands at a crossroads.

Although we have made progress since Paris in bringing down projected temperature increases, we are now dangerously close to the 1.5 degrees limit, and every new scientific report tells us that another climate indicator is flashing red.

Just last week, WMO projected that we will likely see temperatures rise above 1.5 degrees not just for a single year but over the next five years.

Disasters are not just increasing in scale and cost—they are striking with growing intensity and unpredictability, leaving no country or region untouched.

Every delay in action carries a devastating human and economic toll.

The 2025 Global Assessment Report on Disaster Risk Reduction highlights direct losses from disasters at $202 billion annually, but when cascading and ecosystem costs are considered, total losses exceed 2.3 trillion US dollars annually.

Disasters have devastating effects on the world’s most vulnerable countries – LDCs, LLDCs, and SIDS –derailing economies, deepening inequity, and pushing them further off the path of sustainable development.

Middle Income Countries also face mounting setbacks, as disasters divert critical resources away from long-term growth.

Even developed countries are not immune. Record-breaking disasters are making entire regions uninsurable, exposing new vulnerabilities.

Meanwhile, the Sustainable Development Goals are dangerously off track, with an annual financing gap of over 4 trillion dollars.

Excellencies, Ladies and gentlemen,

Protecting development gains from disaster impacts is more urgent than ever.

Progress is possible and we have seen it.

Over the past decade, disaster mortality rates have declined, early warning systems have expanded, and two-thirds of countries that are part of the Sendai Framework now have disaster risk strategies in place.

But this is not enough. We must go further and faster to deliver on Early Warning Systems for All by 2027.

We must continue to build momentum powered by innovation, determination, and multi-networked leadership.

Your actions demonstrate that “resilience does pay” when governments, local actors, the private sector, youth and all of society come together to take action.

From Artificial Intelligence, predictive analytics and machine learning models, new tools together with traditional knowledge and on the ground practitioners are transforming how we predict, prevent, and mitigate disasters.

They must be expanded for proactive, data-driven prevention – saving lives while protecting livelihoods and assets.

Immediate, real-time monitoring, advanced satellite imagery and geographic information systems can complement preparedness strategies, coordination, and our 2030 Agenda’s promise of leaving no one behind.

These transformative actions must be scaled to ensure resilience is not an after-thought, but the foundation for our long-term prosperity.

Excellencies, Ladies and Gentlemen,

I see three key actions to accelerate the implementation of the Sendai Framework in the remaining five years.

First, we must prioritize risk-informed development across all sectors and levels. This means putting prevention and resilience at the centre of every decision, investment, and policy that we make.

Every dollar invested in infrastructure, energy, cities, agriculture… must strengthen resilience, not exacerbate future risk.

At the Fourth International Conference on Financing for Development, we have a chance to reform global development finance and address the debt crisis, enabling us to have more fiscal space to avert these crises.

Second, we must urgently scale up public and private investments in resilience. All nations must dedicate a larger portion of public budgets to disaster risk reduction and establish national financing frameworks that align economic development plans with risk reduction and climate adaptation needs.

We must acknowledge resilience as a long-term economic necessity – and the best return on investment.

Instruments like catastrophe bonds, risk pools, and climate-resilient insurance can ensure faster recovery while reducing economic strain on vulnerable communities.

I encourage you to work with the private sector to mobilize new ways of funding resilience and integrating it into long-term business practices.

Third, we must strengthen our solidarity and cooperation. The risks we face are interconnected — across geographies, political boundaries and development sectors.

By September, nations will submit new climate plans – or nationally determined contributions. Strong, ambitious strategies to cut emissions and fortify resilience will shape our future and drastically reduce the risk of climate-related disasters.

Our responses must also be based on behavioural science and predictive forecasting. We must focus particularly on those who are most vulnerable and those already living on the frontlines of crisis.

The UN Secretariat is committed to supporting you seizing every global opportunity to drive change towards resilience, breaking the vicious cycle of debt, uninsurability and crises.

This Platform, I believe must elevate disaster risk reduction across the UN system – from the UN Ocean Conference, to the Fourth International Conference on Financing for Development, to COP30, to the World Summit on Social Development, and beyond.

Excellencies, Friends,

This is not business as usual.

The cost of inaction is already unbearable for many – and the choices we make now will shape the lives of generations to come.

Disaster risk reduction is not an option – it must be at the heart of our efforts to secure a safer, more sustainable, and more just world.

So let us rise to that moment — with resolve, with investment, and with the partnerships we need to deliver real results in the lives of people while protecting our planet.

Thank you.

***

MIL OSI United Nations News –

June 4, 2025
MIL-OSI: EXL achieves the AWS Generative AI Competency
Source: GlobeNewswire (MIL-OSI)

NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) — EXL [NASDAQ: EXLS], a leading data and AI company, announced it has achieved the Amazon Web Services (AWS) Generative AI Competency within the AWS Partner Network (APN). The designation recognizes EXL as a trusted AWS Partner with deep domain expertise and proven success in delivering generative AI (GenAI) solutions, positioning the company among a select group of organizations recommended by AWS to customers seeking advanced GenAI capabilities.

The AWS Generative AI Competency validates EXL’s ability to help businesses harness the power of GenAI to drive innovation, improve decision-making, and enhance operational efficiencies. This achievement underscores EXL’s commitment to delivering cutting-edge AI solutions that empower enterprises across industries to unlock new levels of growth and transformation.

“Our achievement of this competency highlights EXL’s relentless focus on pushing the boundaries of AI innovation,” said Sumit Baluja, senior vice president and global head of EXL’s ecosystem channels. “GenAI is fundamentally reshaping industries, and we’re proud to be at the forefront—partnering with our clients to unlock new value through data and AI.”

As part of this designation, EXL has expanded its digital offerings in the AWS Marketplace, launching five cutting-edge solutions that demonstrate the company’s leadership in applied AI:
- EXL Insurance LLM™ is an industry-specific large language model built for the insurance industry. Unlike generic AI models, it is fine-tuned with proprietary insurance datasets, using deep domain knowledge of industry-specific processes, enabling high-precision claims adjudication, and automating key workflows.
- EXL Code Harbor™ is a generative AI-powered service leveraging a multi-agent conversion framework that accelerates the migration of legacy codebases to novel and open-source languages, as well as enhancing data and code governance. It leverages the modular capability of code conversion and optimization, code governance and documentation, and automated testing to convert the client’s codebase. It addresses the manual effort involved in writing and optimizing code to transform the process, resulting in accelerated delivery, reduced costs, and higher accuracy.
- EXL Property Insights™ leverages AI and machine learning to provide accurate, real-time insights for underwriting, marketing, and claims. The solution extracts property attributes from high-resolution aerial imagery and combines it with additional property-level features that influence risk. With these insights, insurers can better evaluate and develop risk models and combine individual peril scores into an overall risk score.
- EXL Paymentor℠ is an AI-powered collections and receivables platform that has enhanced over 40 million global engagements by personalizing customer outreach, optimizing strategies, and accelerating settlements. Its multilingual conversational AI, omni-channel capabilities, and real-time analytics enhance communication, decision-making, and collection efficiency.
- EXL Smart Agent Assist™ is an AI-powered solution that enhances customer service operations with real-time conversational insights and automation. By leveraging GenAI and advanced natural language processing, it empowers contact center agents to deliver personalized, efficient support—improving first call resolution, boosting agent productivity, and reducing average handling time. With automated post-call summaries and real-time recommendations, it drives better customer experience and retention. The solution seamlessly integrates with existing customer relationship management systems, telephony systems, knowledge bases, and third-party platforms for fast, disruption-free implementation.
This achievement further strengthens EXL’s collaboration with AWS, powering innovation that helps clients modernize, personalize experiences, and uncover new revenue opportunities through AI.

More information about EXL’s AWS Generative AI Competency status and its comprehensive range of data and AI solutions can be found here.

About EXL

EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world’s leading corporations in industries including insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have approximately 60,000 employees spanning six continents. For more information, visit www.exlservice.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL’s operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management’s experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, rising interest rates, rising inflation and recessionary economic trends, are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10-K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.

Contacts
Media
Keith Little
+1 703-598-0980
media.relations@exlservice.com

Investor Relations
John Kristoff
+1 212 209 4613
IR@exlservice.com

The MIL Network –
June 4, 2025
MIL-OSI: Bitcoin Solaris Launches Solaris Nova App, Bringing Mobile Mining to the Masses
Source: GlobeNewswire (MIL-OSI)

TALLINN, Estonia, June 03, 2025 (GLOBE NEWSWIRE) — The future of personal finance just got a major upgrade. Bitcoin Solaris has officially launched Solaris Nova App Beta Testing for a selected group of users, a mobile-first crypto mining platform that enables anyone with a smartphone to start earning BTC-S tokens with just a tap.

The app rollout comes at a time when accessibility and energy efficiency in crypto are more important than ever. By eliminating the need for expensive hardware or technical expertise, Solaris Nova is redefining what mining looks like in the decentralized era.

A Phone-Based Wealth Engine

The Solaris Nova App delivers a seamless mining experience across Android, iOS, Windows, and browser platforms. Users can begin mining BTC-S immediately through a simple interface—no ASICs, no rigs, just a smartphone and a desire to participate.

Key features include:
- One-click mining with adaptive performance controls
- Integrated BTC-S wallet
- Energy-efficiency mode for prolonged battery life
- Cross-platform support (Android, iOS, Windows, Web)
- Interactive tutorials for first-time users
“Solaris Nova makes financial empowerment as easy as opening an app,” said a Bitcoin Solaris spokesperson. “We’re giving users the tools to participate in a decentralized economy—no barriers, no gatekeepers.”

Mining for Everyone

The BTC-S Universal Mining model is built for inclusivity. Whether using a low-budget phone or a high-performance PC, Solaris’s optimization engine ensures equitable mining access. The system is designed to foster:
- Broader decentralization
- Expanded global reach, including underserved regions
- Enhanced network security
- A sustainable mining footprint with 99.95% less energy consumption than traditional models
The Future of DeFi Doesn’t Run on Hype—It Runs on BTC-S

And because Bitcoin Solaris uses a hybrid PoW + DPoS consensus, it achieves lightning-fast speeds of up to 100,000 TPS with 2-second finality, while keeping the network both secure and scalable.

Engineered for Speed and Scale

Bitcoin Solaris uses a hybrid PoW + DPoS consensus mechanism to deliver lightning-fast transaction speeds—up to 100,000 TPS with 2-second finality—while remaining scalable, secure, and environmentally conscious.

Core architecture highlights:
- SHA-256 PoW base for security and miner compatibility
- DPoS governance layer for rapid confirmation and energy efficiency
- Daily rotating validators with performance-based slashing
- Optional zero-knowledge proofs (ZKPs) for privacy
- Support for smart contracts, tokenization, and DAOs
This structure allows Bitcoin Solaris to support smart contracts, tokenized assets, DAOs, and more, all running with virtually no friction.

Reward Model That Works for Everyone

Bitcoin Solaris’s reward system ensures fair distribution across all participants:
- 40% to miners
- 25% to validators
- 20% to stakers
- 10% to developers
- 5% to community initiatives
Earnings are further optimized through a Contribution Score, which accounts for session time, device type, task complexity, and real-time network demand.

Why the Presale Is Exploding

With only around 8 weeks left, the Bitcoin Solaris presale is gaining massive momentum. The current price is $6, set to jump to $7 in the next phase, and then to a $20 launch price. Backed by over 11,000 users and more than $1.8 million raised, it’s being called one of the shortest and most explosive presales in the market.

It’s no surprise influencers are taking notice. A detailed review by Crypto Legends breaks down why this project is drawing hype from every corner of the Web3 space.

Final Thoughts: Don’t Watch History—Mine It

Bitcoin Solaris isn’t just keeping up with the shift toward decentralized finance—it’s leading the charge. With a mobile-first approach, elite performance metrics, and a structure aligned with upcoming regulation and global adoption, it’s more than a coin. It’s a movement.

President Trump’s executive order is about control and positioning. But your response doesn’t have to be passive. Bitcoin Solaris gives you a way to act—to mine, earn, and build your future—without needing permission.

For more information:

Website: https://www.bitcoinsolaris.com/
Telegram: https://t.me/Bitcoinsolaris
X: https://x.com/BitcoinSolaris

Media Contact
Xander Levine
press@bitcoinsolaris.com
Press Kit: Available upon request

Disclaimer: This is a paid post and is provided by Bitcoin Solaris. 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/4762d5d7-71f1-4ecd-84ce-d963ff74876b

https://www.globenewswire.com/NewsRoom/AttachmentNg/cda13480-fed7-45f1-8abd-7372e262946b

https://www.globenewswire.com/NewsRoom/AttachmentNg/1df0a7be-4766-4454-9061-7bd745200dbe

https://www.globenewswire.com/NewsRoom/AttachmentNg/b56611eb-ee69-4834-9e85-110e30998878

The MIL Network –
June 4, 2025
MIL-OSI USA: Completion of Affordable Senior Development in Buffalo

Source: US State of New York

overnor Kathy Hochul today announced the completion of Mt. Olive Senior Manor, an affordable housing development for seniors that builds on the State’s historic $50 million investment in Buffalo’s East Side. Developed in partnership between Mt. Olive Development Corporation and People Inc., the new building creates 65 apartments for adults aged 55 and older, including 20 apartments with supportive services for individuals struggling with homelessness, on an underutilized parcel adjacent to the Mt. Olive Baptist Church. Under Governor Hochul’s leadership, New York State Homes and Community Renewal has financed more than 11,000 affordable homes in Erie County. Mt. Olive Senior Manor continues this effort and complements Governor Hochul’s $25 billion five-year housing plan, which is on track to create or preserve 100,000 affordable homes statewide.

“Through strong partnerships with faith-based organizations like Mt. Olive Baptist Church, we are transforming underutilized spaces into vibrant, affordable homes for New York’s seniors,” Governor Hochul said. “Mt. Olive Senior Manor reflects our commitment to delivering safe, supportive housing that meets the unique needs of the East Side’s residents, advancing our bold vision to create and preserve 100,000 affordable homes across New York.”

The three-story development is constructed on land next door to the Mt. Olive Baptist Church that has undergone brownfield remediation. All apartments are affordable to households earning up to 50 percent of the Area Median Income.

Twenty apartments are set aside for seniors in need of supportive services to live independently. Services and rental subsidies are funded by the Empire State Supportive Housing Initiative and administered by the New York State Department of Health. The service provider is People Inc.

Residential amenities include a community room with kitchen, laundry facilities, bicycle storage area, management office, support service offices, multipurpose room, a lounge area, and an enclosed courtyard with walkable space and a patio. To support residents as they age, the building’s design includes features such as grab bars, low-reach shelving and cabinets, lever-style door handles, under cabinet lighting, and zero transition showers.

The development was designed to meet the Environmental Protection Agency’s Energy Star Multifamily New Construction – Energy Rating Index compliance path. The highly energy efficient, all-electric development features include electric vehicle charging stations, Energy Star appliances and lighting, low flow plumbing fixtures, and high efficiency mechanical equipment.

State financing for Mt. Olive Senior Manor includes support from HCR’s Federal Low-Income Housing Tax Credit Program that generated more than $13 million in equity, as well as $3.6 million in subsidy. The New York State Office of Temporary and Disability Assistance is providing $4 million through the Homeless Housing and Assistance Program. Additionally, the site participated in the New York State Department of Environmental Conservation’s successful Brownfield Cleanup Program and became eligible for $3.6 million in tax credits administered by the New York State Department of Taxation and Finance. The Buffalo Urban Renewal Agency awarded $2 million in HOME funds. NYSERDA’s New Construction – Housing Program contributed $260,000 in incentives.

New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas said, “Mt. Olive Senior Manor exemplifies New York State’s commitment to creating affordable, supportive housing, including in partnership with faith-based organizations, that uplifts residents and strengthens communities like East Buffalo. This $27 million investment not only provides safe, modern homes and vital services that seniors deserve, but allows 65 households to stay and thrive in the community they love. Under Governor Hochul’s leadership, we will continue to create more housing opportunities for New Yorkers of every age and income level.”

New York State Office of Temporary and Disability Assistance Commissioner Barbara C. Guinn said, “The 20 supportive housing units created as part of this development will help older adults in Erie County who have experienced homelessness by providing a safe, stable home and access to support services that will enable them to age in place. Congratulations to Mt. Olive Baptist Church, People Inc., and all of our state and local partners on the successful completion of Mt. Olive Senior Manor.”

New York State Department of Environmental Conservation Commissioner Amanda Lefton said, “Everyone should have access to environmentally safe and affordable housing. For more than two decades, the State’s Brownfield Cleanup Program has played a critical role in cleaning up formerly contaminated sites, returning them to productive use, and supporting local revitalization efforts. DEC is proud to oversee this critical program and its contribution to achieving Governor Hochul’s affordable housing goals in communities like Buffalo, including the Mt. Olive Senior Housing Development, while supporting DEC’s mission to protect public health and the environment for all.”

NYSERDA President and CEO Doreen M. Harris said, “Projects like Mt. Olive Senior Manor are helping shape a cleaner, more modern future for every New Yorker. Integrating the latest clean energy technology into affordable housing not only provides access to healthier, more comfortable living spaces for Western New York’s older adults, but helps improve the quality of life for many living in a historically underserved community.”

State Senator April N. M. Baskin said, “This type of collaboration is meaningful on many levels: it’s a successful partnership between Mt. Olive and the leading human services agency in our region, People Inc.. This project also reimagines an underutilized parcel, turning it into a beautiful space benefiting our older East Side residents. Mt. Olive Baptist Manor is a safe and affordable place to call home, enabling our elders to live their best life in a way they surely deserve.”

Erie County Legislator St. Jean Tard said, “It is an honor to celebrate the opening of Mt. Olive Senior Manor, a development that brings both hope and stability to our community. This project represents more than new construction—it’s a commitment to the well-being of our seniors, especially those who have faced the hardships of homelessness. Transforming a long-vacant site into a place of safety, care, and opportunity is a powerful reflection of what can be achieved through meaningful collaboration. I extend my sincere thanks to Mt. Olive Development Corp., People Inc., and all the partners who brought this vision to life.”

Buffalo Common Council Member Zeneta Everhart said, “The newly constructed Mt. Olive Senior Manor located in the Masten District is an essential facility to meet the needs of our seniors and people struggling with homelessness. Thanks to major investments from the state and the Buffalo Urban Renewal Agency, what was once a vacant brownfield is now a great and affordable home for dozens of our older neighbors. I am grateful to Governor Hochul and the New York State Homes and Community Renewal for investing in our community and prioritizing the needs of vulnerable residents.”

People Inc. President and CEO Anne McCaffrey said, “We are extremely proud to join Mt. Olive Development Corp., federal, state and local government officials in unveiling this impactful housing complex,” said Anne McCaffrey, People Inc. president and CEO. “We are providing more than just new housing. We are creating life-changing opportunities for living that are invigorating communities and meeting a critical regional need. Mt. Olive Senor Manor will help people live their best lives, which is central to People Inc.’s mission and vision for the communities we serve.”

Governor Hochul’s Housing Agenda

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

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

MIL OSI USA News –

June 4, 2025
MIL-OSI Security: St. Paul Man Sentenced in Twin Cities Stuffed Animal Fentanyl Distribution Conspiracy

Source: Office of United States Attorneys

ST. PAUL, Minn. – A St. Paul man was sentenced to 120 months imprisonment followed by 5 years of supervised release after pleading guilty to his part in a fentanyl distribution conspiracy, announced Acting U.S. Attorney Joseph H. Thompson.

According to court documents, between August 2022 through December 2023, Quijuan Hosea Bankhead, 31, and others conspired to distribute fentanyl in the Twin Cities and throughout Minnesota. To accomplish their scheme, several of the co-defendants traveled to Phoenix to obtain fentanyl pills from suppliers, hid the pills inside stuffed animals, and then mailed them to addresses in and around the Twin Cities. Law enforcement in Dakota, Ramsey, and Washington counties became aware of the trafficking and initiated a joint investigation, which resulted in the seizure of six packages containing over 30,000 grams of fentanyl pills.

Bankhead was sentenced on May 29, 2025, in U.S District Court before Judge Jeffrey M. Bryan.

“Bankhead and his network smuggled deadly fentanyl into Minnesota and had the gall to hide this poison inside of children’s toys—stuffed animals,” said Acting U.S. Attorney Joseph H. Thompson. “Bankhead will now serve a well-deserved decade in federal prison.”

This case is the result of an investigation conducted by the U.S. Postal Inspection Service, Homeland Security Investigations, the Dakota County Drug Task Force, the Washington County Drug Task Force, and the Ramsey County Violent Crime Enforcement Team.

Assistant U.S. Attorney Campbell Warner prosecuted the case.

MIL Security OSI –

June 4, 2025

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