NewzIntel.com

Category: Finance

  • MIL-OSI Africa: Cellphone store owner to appear in court 

    Source: South Africa News Agency

    Thursday, April 17, 2025

    A 39-year-old cellphone shop owner is expected to appear in the Bloemfontein Magistrate’s next week where he will face charges of being in possession of suspected stolen property, said the South African Police Service (SAPS).

    This as police officers went to a block of flats in Alexandra Road, Bloemfontein.

    “Upon arrival, they encountered a 39-year-old foreign national who initially denied them entry to his flat. After persuading the suspect to grant access, officers discovered approximately ten large bags containing various brands of cellphones, tablets, and laptops,” the SAPS in the Free State said on Wednesday.

    Preliminary investigations indicate that a total of 554 cellphone units were found, with an estimated value of R2.5 million. 

    “Police investigations suggest that this consignment of suspected stolen electronics was intended to be transported out of Bloemfontein. The 39-year-old owner of a cellphone shop is scheduled to appear in the Bloemfontein Magistrate’s Court on 22 April 2025, facing charges of possession of suspected stolen property.”

    Parkweg police are urging all victims of robberies who have not yet reported their cases to come forward with proof of ownership to claim their stolen cellphones.

    “The investigation team is currently searching for four additional foreign nationals believed to be connected to the arrested suspect. Investigations into this matter are ongoing,” said the police. –SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI Africa: Minister receives a detailed briefing on crime statistics in Nelson Mandela Bay

    Source: South Africa News Agency

    Police Minister Senzo Mchunu on Wednesday concluded a series of high-level engagements in the Nelson Mandela Bay Metropolitan Municipality aimed at assessing the state of policing and enhancing crime-fighting strategies in the region.

    During his visit, the Minister received a detailed briefing on crime statistics in the metro, with a particular focus on serious and violent crimes, including murder, kidnappings, extortion and gang-related activities. 

    The briefing also highlighted the strategic interventions currently in place to combat these crimes and improve public safety. 

    Owing to the investigations conducted by the SAPS, around seven cases have been enrolled on the court roll, in respect of insurance murders with six suspects being implicated. 

    The second meeting was with the Nelson Mandela Bay Business Chamber. During that meeting, the Chamber presented challenges they experience as a result of crime, but further expressed the fruitful working relationship with the SAPS. The Chamber proposed further initiatives to be explored in strengthening the fight against crime. 

    The final engagement of the day was a meeting with a broad range of community stakeholders, including representatives from the Chinese community and religious leaders. This follows recent incidents involving the kidnapping of among others, Chinese nationals, and robberies at places of worship. 

    The Minister commended the Directorate for Priority Crime Investigation, the Hawks and all partner units involved in the high-risk rescue operation conducted in Gqeberha on Tuesday. 

    “Through swift coordination, disciplined execution and unshakable bravery, our law enforcement officers successfully rescued a kidnapped American citizen,” the South African Police Service said in a statement. 

    “During the rescue, the suspects opened fire on the police, resulting in three of the five suspects being fatally shot and two others fleeing, a manhunt is currently underway for these suspects. 

    “The actions of the members reflect the highest standards of professionalism and an unwavering commitment to justice.”

    Minister Mchunu said the safety of every person in the municipality, regardless of nationality, faith or background, is a non-negotiable. – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI USA: Reed Leads Call for IG Probe into Pulte’s Mismanagement & Warns Trump-led Turmoil at Fannie Mae and Freddie Mac Could Weaken U.S. Real Estate Market & Put U.S. Taxpayers at Risk

    US Senate News:

    Source: United States Senator for Rhode Island Jack Reed
    WASHINGTON, DC – As the Trump Administration continues to take hasty, unjustified steps that could weaken the U.S. real estate market and make it harder and more expensive for responsible, credit-worthy Americans to secure an affordable 30-year fixed mortgage, U.S. Senators Jack Reed (D-RI), Lisa Blunt Rochester (D-DE), and Elizabeth Warren (D-MA), the Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, are calling for an independent watchdog to investigate potentially unlawful administrative actions of President Trump’s newly confirmed head of the Federal Housing Finance Agency (FHFA), Bill Pulte.
    “We write to urge you to open an investigation into FHFA’s apparent noncompliance with Federal laws and regulations in connection with recent corporate governance changes that Director Pulte has made at Fannie Mae and Freddie Mac,” the three U.S. Senators wrote to FHFA Inspector General Brian Tomney, whose office oversees Fannie Mae and Freddie Mac’s regulator.
    Senator Reed helped create the FHFA, which was established under the Housing and Economic Recovery Act of 2008, to oversee and manage two government-sponsored enterprises (GSEs) known as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), which guarantee mortgages to facilitate financing for single-family homes and for apartment buildings.  FHFA is both the conservator and regulator of Fannie Mae and Freddie Mac, both of which were at imminent risk of failing during the 2008 financial crisis, and sets affordable housing goals for the two companies while also overseeing a system of 11 federal home loan banks.
    The Senators are sounding the alarm over the Trump Administration’s recent partisan and potentially unlawful administrative actions at Fannie Mae and Freddie Mac.  They warn that the Trump Administration could negatively impact lending and risk management, driving up mortgage rates and making it more difficult for families to buy a home, putting taxpayers at risk, and setting the stage for a chaotic and disorderly exit for Fannie Mae and Freddie Mac from conservatorship.
    After becoming FHFA Director a few weeks ago, Mr. Pulte ousted a majority of the nonpartisan directors of both Fannie Mae and Freddie Mac, installing himself, business associates, and partisan loyalists in their place.  Director Pulte also removed critical financial expertise from the boards and stripped independent voices from overseeing these companies, which are two of the largest companies in both the United States and the entire world.  Strong and effective corporate governance arrangements at Fannie Mae and Freddie Mac are essential because taxpayers both stand behind these companies and could face higher mortgage rates if either entity is mismanaged.
    In calling for independent oversight of Mr. Pulte’s actions, the Senators wrote: “Director Pulte is prohibited by law from holding any position at either company and Federal statute requires at least one board member to represent the public’s interest. The Director has no authority to waive the law. Under FHFA regulations, a majority of directors must be independent, the chairmen of the boards must be independent, the companies must have audit committees comprised of independent directors, and if there is no financial expert on an audit committee then the public is owed an explanation of why. The nominating and corporate governance committee must be composed entirely of independent directors, including an independent chair. While the Director has authority to waive regulations, he may do so only “in connection with a particular transaction or activity”—not for corporate governance matters that apply to all transactions and activities.”
    The Senators’ request for a IG probe into Mr. Pulte’s questionable actions at FHFA come after the Senators sent a previous letter directly to Mr. Pulte on March 31 asking for an explanation of his governance changes to date—and asking him to reverse course for the benefit of taxpayers.  The Senators were so dissatisfied with Mr. Pulte’s response, that they quickly asked for the IG probe, noting: “Although Mr. Pulte responded in a letter dated April 8 that “U.S. Federal Housing FHFA [sic] remains committed to complying with all applicable federal laws and regulations,” he offered no evidence to show that the agency he runs, and the companies he oversees, are in actual compliance with these statutory and regulatory requirements nor did he dispute the portion of our letter noting his recent governance changes at Fannie and Freddie violate the law. If an ordinary public company had put in place such poor governance arrangements, it would be at serious risk of being delisted from a major stock exchange.”
    The Senators are also asking the Inspector General to publicly announce its investigation in order to discourage any potential future noncompliance and violations of the law.
    Full text of the letter follows:
    Hon. Brian M. Tomney
    Inspector General for the Federal Housing Finance Agency
    400 7th Street SW
    Washington, DC 20219
    Dear Inspector General Tomney:
    We write to urge you to open an investigation into FHFA’s apparent noncompliance with Federal laws and regulations in connection with recent corporate governance changes that Director Pulte has made at Fannie Mae and Freddie Mac.
    Director Pulte is prohibited by law from holding any position at either company and Federal statute requires at least one board member to represent the public’s interest. The Director has no authority to waive the law. Under FHFA regulations, a majority of directors must be independent, the chairmen of the boards must be independent, the companies must have audit committees comprised of independent directors, and if there is no financial expert on an audit committee then the public is owed an explanation of why. The nominating and corporate governance committee must be composed entirely of independent directors, including an independent chair. While the Director has authority to waive regulations, he may do so only “in connection with a particular transaction or activity”—not for corporate governance matters that apply to all transactions and activities.
    Director Pulte has taken actions that do not appear to be consistent with these Federal laws and regulations. Within a week of taking office, he removed a majority of the directors of Fannie and Freddie, installing himself, his business associates, and partisan loyalists in their place. He also removed Fannie’s entire audit committee. After these actions, the boards appear to lack anyone from an organization that has represented consumer or community interests, or has shown a career commitment to low-income housing. They also appear to lack a financial expert. Director Pulte has also installed himself as the chair of both companies’ boards of directors and the boards’ nominating and corporate governance committees.
    On March 31, we wrote to Director Pulte to urge him to correct these apparent violations. Although Mr. Pulte responded in a letter dated April 8 that “U.S. Federal Housing FHFA [sic] remains committed to complying with all applicable federal laws and regulations,” he offered no evidence to show that the agency he runs, and the companies he oversees, are in actual compliance with these statutory and regulatory requirements nor did he dispute the portion of our letter noting his recent governance changes at Fannie and Freddie violate the law. If an ordinary public company had put in place such poor governance arrangements, it would be at serious risk of being delisted from a major stock exchange.
    In light of this apparent pattern of noncompliance and inability to attest to compliance, we ask that you open an investigation into whether FHFA is in fact following Federal laws and regulations regarding the management and governance of Fannie and Freddie. To the extent permissible, we also ask you publicly announce this investigation in order to discourage any potential violations.
    Thank you for your attention to this important matter.
    Sincerely,

    MIL OSI USA News –

  • MIL-OSI USA: Representatives Castor & Wittman Introduce Bipartisan, Bicameral Bill to Strengthen U.S. Role in Mapping Global Critical Mineral Resources

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

    WASHINGTON, D.C. – U.S. Reps. Kathy Castor (FL-14) and Rob Wittman (VA-1) introduced the Finding Opportunities for Resource Exploration (Finding ORE) Act to strengthen U.S. mineral security and reduce strategic vulnerabilities. Senators Chris Coons (D-Del.), Todd Young (R-Ind.), John Cornyn (R-Texas), and John Hickenlooper (D-Colo.) introduced a companion bill in the U.S. Senate.

    Critical minerals are essential to producing technologies for the defense, semiconductor, automotive, and energy sectors—industries that will determine America’s economic future and global influence. Although we have an abundance of domestic mineral resources, demand already outstrips this supply – we must work with allies and partners to achieve mineral security.  Additionally, the U.S. is heavily dependent on China for the production and processing of many key critical minerals.  This bill would leverage the strengths of the U.S. Geological Survey (USGS) in geological mapping of critical mineral reserves while giving U.S. firms a leg up in responsibly developing global mineral resources around the world with strong environmental and labor standards.

    This bill builds upon the bipartisan legislation of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party’s (CCP) Critical Minerals Working Group, which Reps. Castor and Wittman co-chaired in the 118th Congress.

    “America’s dependence on adversarial nations for critical minerals poses a significant threat to our national security and our clean energy future,” said Representative Castor. “The Finding ORE Act leverages our expertise in geologic mapping to promote the sustainable development of critical mineral supply chains through international partnerships. This legislation will make our nation safer and stronger while supporting our strategic alliances. I’m grateful to my bipartisan colleagues for working together to enhance U.S. leadership in the clean energy transition.”

    “Critical minerals and rare earth elements are the building blocks of our modern economy and our national security,” said Representative Wittman. “This bill ensures that the United States can work hand-in-hand with like-minded nations to identify and responsibly develop these essential resources, while strengthening supply chain resilience and promoting American leadership in mineral exploration. Through this bill, we are reinforcing our alliances, building technical capacity, and supporting global standards in responsible mineral development. I’m proud to introduce the Finding ORE Act as a forward-looking solution to this pressing global challenge.” 

    “From the technology that powers the cell phones in our pockets to the systems that keep us safe, Americans depend on critical minerals for our economic strength and national security,” said Senator Coons. “The Finding ORE Act makes sure that our nation will have access to the essential materials we need to keep innovating, growing our economy, and deterring our enemies. I’m grateful for the bipartisan and industry support this bill has received and look forward to pushing for its enactment.”

    “Many countries are unmapped or reliant on outdated geological surveys. Our bill would create opportunities for collaboration between the United States and these countries to update geological mapping with the goal of locating critical mineral deposits. These partnerships would be mutually beneficial and provide the United States access to more critical minerals, reducing our dependence on China,” said Senator Todd Young.

    “We can’t solve climate change or strengthen national security without harnessing the power of critical minerals,” said Senator Hickenlooper. “Better and more accurate maps will help us and our allies safely and ethically explore untapped critical mineral deposits.”

    “Access to a reliable supply chain of critical minerals is essential to meet our nation’s defense, manufacturing, and energy needs,” said Senator Cornyn. “By shoring up alliances with trusted allies and promoting geological mapping of critical mineral reserves, this legislation would ensure America has the resources needed to keep up with global demand and bolster both our mineral security and national security in the years ahead.”

    “The United States has too often watched from the sidelines as our adversaries explored, invested in, and secured the world’s most promising mineral deposits,” said Abigail Hunter, Executive Director of SAFE’s Center for Critical Minerals Strategy. “This bill changes that. It positions the United States—our geological experts and industry—to help identify and potentially develop the next generation of great deposits. It ensures we show up in resource-rich nations, rather than leaving them to deepen their ties with China.” 

    “The American Critical Minerals Association welcomes the bipartisan, bicameral introduction of the Finding ORE Act by Senators Coons, Young, Hickenlooper, and Cornyn and Representatives Wittman and Castor,” said Sarah Venuto, Executive Director of ACMA.  “Expanding our knowledge base of global minerals resources and growing partnerships with our allies will ensure the United States is a leading force in resourcing critical minerals in a responsible way.” 

    “Colorado School of Mines commends Senators Coons, Young, Hickenlooper, and Cornyn and Reps. Wittman and Castor for their bipartisan efforts to leverage U.S. expertise in mineral mapping to support safe, secure, and responsible mineral supply chains,” said Dr. John Bradford, Vice President for Global Initiatives at Colorado School of Mines. “When called upon to contribute, institutions with strong partnerships with USGS, like Colorado School of Mines, seek to support America’s government and industry partners to advance the technology, knowledge, and workforce required to responsibly identify, assess, and produce mineral resources in the U.S. and around the world.”

    “BPC Action applauds the bipartisan introduction of the Finding ORE Act. The bill will strengthen U.S. supply chain security by enhancing coordination with allies on critical mineral development, helping secure new critical minerals sources free from adversary control,” said Michele Stockwell, president of Bipartisan Policy Center Action (BPC Action).

    “Terra AI celebrates this forward-thinking, bi-partisan critical minerals exploration legislation introduced by Senators Coons, Young, Hickenlooper, and Cornyn and Reps. Wittman and Castor,” said John Mern, CEO of Terra AI. “The Finding ORE Act would empower America’s agencies and private firms to explore and claim the next major deposits of critical minerals which will supply our industries for decades to come; supporting manufacturing, aerospace, energy, and artificial intelligence. We support this act’s unique approach to winning the critical minerals race by leveraging America and Her Allies’ relative advantages — strong diplomatic relations, world-leading technology, and entrepreneurial spirit. This act is the essential early stage first step to establishing US global mineral dominance and winning this generational opportunity.  As a mineral exploration AI company, we see huge value in collaboration between the private sector and our nation’s diplomatic, geologic and financial agencies abroad. It is a winning playbook, and we look forward to seeing more legislation in this area.” 

    The Finding ORE Act would authorize the Director of USGS to enter into memoranda of understanding (MOU) with foreign partner countries related to the mapping of critical minerals. The bill identifies four objectives for these MOUs:

    • Committing USGS to assist the partner country with a range of critical mineral mapping activities;
    • Committing the partner country to offer a right of first refusal to private companies based in the United States or an allied country in the further development of mapped critical minerals;
    • Facilitating investment in the development of critical minerals in the partner country, including by leveraging financing from the U.S. Development Finance Corporation and Export-Import Bank;
    • Ensuring that mapping data created through a partnership with USGS is not disclosed to governmental or private entities in non-allied countries. 

    The bill requires USGS to collaborate with both the State Department and the private sector in identifying which countries to prioritize for the negotiation of an MOU, and would involve the State Department in the negotiation and implementation process.

    A one-pager on the bill is available here.

    The full text of the bill is available here.

    MIL OSI USA News –

  • MIL-OSI Security: Sixteen charged in East Texas federal methamphetamine conspiracy

    Source: Office of United States Attorneys

    BEAUMONT, Texas – A federal indictment in the Eastern District of Texas has resulted in the arrest of 16 individuals charged with various violations related to a wide-spread methamphetamine trafficking conspiracy, announced Acting U.S. Attorney Abe McGlothin, Jr.

    The indictment, returned by a federal grand jury on April 2, 2025, in the Eastern District of Texas, charges the defendants with federal drug and gun violations.  A multi-agency law enforcement action was held on April 16, 2025, resulting in those arrests.  Since the investigation began in November 2022, law enforcement has seized over 10 kilograms of methamphetamine and 14 firearms.  Those in custody began making initial appearances in federal court on April 16, 2025, in Beaumont.

    According to information provided in court, the following individuals are alleged to have been involved in the methamphetamine conspiracy in the Angelina, Nacogdoches, and Polk counties area:

    •    Albert Lopez, 39, charged with conspiracy to distribute methamphetamine and possession of a firearm in furtherance of a drug trafficking crime;

    •    Adaryl Douglas, 45, charged with conspiracy to distribute methamphetamine and possession of a firearm in furtherance of a drug trafficking crime;

    •    Hector Gomez, 40, charged with conspiracy to distribute methamphetamine;

    •    Oscar Padilla, 44, charged with conspiracy to distribute methamphetamine;

    •    Leanna Jean Busby, 45, charged with conspiracy to distribute methamphetamine;

    •    Amanda McBride, 43, charged with conspiracy to distribute methamphetamine;

    •    John Christopher Rios, 53, charged with conspiracy to distribute methamphetamine;

    •    Jose Pedro Guzman Jr., 34, charged with conspiracy to distribute methamphetamine;

    •    Lorene Michelle Baker, 44, charged with conspiracy to distribute methamphetamine;

    •    David Davis, Jr., 48, charged with conspiracy to distribute methamphetamine;

    •    Penny Ann King, 51, charged with conspiracy to distribute methamphetamine;

    •    Jodi Calvin Sparkman, 53, charged with conspiracy to distribute methamphetamine;

    •    Christopher Dewayne Harvey, 51, charged with conspiracy to distribute methamphetamine;

    •    Gary Mills, 65, charged with conspiracy to distribute methamphetamine and felon in possession of a firearm;

    •    Clifton Collin-Dakota Smith, 32, charged with conspiracy to distribute methamphetamine; and

    •    Corey Mullan, 39, charged with conspiracy to distribute methamphetamine.

    If convicted, defendants face from 10 years to life in federal prison.

    As part of the operation, Eduardo Barajas-Macias, 32, a close associate of the criminal conspiracy, was also arrested and charged with unlawful reentry by a removed or deported alien.

    This investigation is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and 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).

    The case is being investigated by the Angelina County Sheriff’s Office; Bureau of Alcohol, Tobacco, Firearms, and Explosives; FBI; U.S. Drug Enforcement Administration; Homeland Security Investigations; Lufkin Police Department; Nacogdoches County Sheriff’s Office; Texas Department of Public Safety; and U.S. Marshals Service.  This case is being prosecuted by Assistant U.S. Attorney Donald S. Carter.

    A federal indictment is not evidence of guilt.  All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    ###

    MIL Security OSI –

  • MIL-OSI Security: Man from Dominican Republic sentenced for transporting illegal aliens

    Source: Office of United States Attorneys

    BUFFALO, N.Y.-U.S. Attorney Michael DiGiacomo announced today that Luis Davis German Soriano, 32, a citizen of the Dominican Republic, who was convicted of transporting illegal aliens, was sentenced to time served (approximately 15 months) by U.S. District Judge Lawrence J. Vilardo. Soriano was then turned over to Immigration and Customs Enforcement. 

    Assistant U.S. Attorney Maeve E. Huggins, who is handling the case, stated that on January 3, 2024, Soriano aided co-defendant Silvestre German Andujar, an alien, in transporting three other individuals, who were not citizens or nationals of the United States. Soriano drove from New Jersey to an agreed upon location in Youngstown, NY, to pick-up Andujar and the others, who had traveled on a motorized raft vessel on the Niagara River from Niagara on the Lake, Ontario, Canada. Andujar piloted the vessel across the United States-Canada border. U.S. Border Patrol Agents responded to the area as Andujar and the others got off the vessel, prompting them to flee. Simultaneously, law enforcement observed Soriano’s vehicle driving in the area near the vessel’s landing spot on the shoreline. Officers conducted a traffic stop. Soriano provided conflicting information as to the purpose of his travel but was released by officers. He then drove back to the pick-up location and picked up Andujar and the others inside the van.

    Subsequently, on January 4, 2024, U.S. Border Patrol Agents parked on the Niagara Scenic Parkway in Youngstown, NY, observed Soriano driving his vehicle with Andujar and the others inside. Agents stopped the vehicle in Ransomville, NY, at which time Soriano and the others were arrested and official immigration records checks were conducted.

    Silvestre German Andujar was previously convicted and is awaiting sentencing.

    The sentencing is the result of an investigation by Homeland Security Investigations, under the direction of Special Agent-in-Charge Erin Keegan, U.S. Border Patrol, under the direction of Patrol Agent in Charge Martin B. Coombs, and the Lewiston Police Department, under the direction of Chief Frank Previte.

    # # # #

    MIL Security OSI –

  • MIL-OSI Security: Afghan National Pleads Guilty to Obtaining Firearms in Connection with Plot to Conduct ISIS-Inspired Election Day Terrorist Attack

    Source: United States Attorneys General 8

    Abdullah Haji Zada, 18, a native and citizen of Afghanistan and U.S. lawful permanent resident, pleaded guilty today to a criminal information charging him with knowingly receiving, attempting to receive, and conspiring to receive a firearm and ammunition to be used to commit a federal crime of terrorism.

    According to court documents, Zada and a co-conspirator received two AK-47-style rifles and 500 rounds of ammunition, knowing that the firearms and ammunition would be used in connection with a terrorist attack on Election Day in November 2024 on behalf the Islamic State of Iraq and al-Sham (ISIS), a designated foreign terrorist organization. Zada was arrested with co-conspirator Nasir Ahmad Tawhedi, 27, also a citizen of Afghanistan, in October 2024.

    Zada, who was 17 at the time of his arrest, entered his guilty plea as an adult and will be sentenced as an adult. At sentencing, Zada faces a maximum penalty of 15 years in federal prison and a $250,000 fine.

    As part of the plea agreement, Zada stipulated to the entry of a judicial order of removal from the United States to Afghanistan following his term of incarceration. Zada acknowledged that the order of removal would terminate his lawful permanent resident status. Zada also waived his right to appeal the conviction except in limited circumstances or seek any form of appeal or relief from his removal and deportation, including but not limited to, seeking asylum.

    Tawhedi is currently awaiting trial for conspiring and attempting to provide material support to ISIS, which carries a maximum penalty of 20 years in prison, and receiving, attempting to receive, or conspiring to receive a firearm to be used to commit a felony or a federal crime of terrorism, which carries a maximum penalty of 15 years in prison, if convicted. An indictment is merely an allegation and Tawhedi is presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    Sue J. Bai, head of the Justice Department’s National Security Division, U.S. Attorney Robert J. Troester for the Western District of Oklahoma, and Assistant Director David J. Scott of the FBI’s Counterterrorism Division made the announcement.

    The FBI Oklahoma City Field Office’s Joint Terrorism Task Force, which includes Homeland Security Investigations, U.S. Immigration and Customs Enforcement, U.S. Citizenship and Immigration Services, U.S. Marshals Service, Oklahoma State Bureau of Investigation, the Edmond Police Department, the Moore Police Department, the Oklahoma City Police Department, the Oklahoma City Community College Police Department, and the Oklahoma City University Police Department, is investigating the case.

    Assistant U.S. Attorneys Jessica L. Perry and Matt Dillon for the Western District of Oklahoma, and Assistant U.S. Attorney Everett McMillian and Trial Attorney Jennifer Levy of the National Security Division’s Counterterrorism Section are prosecuting the case.

    MIL Security OSI –

  • MIL-OSI Security: Mineral Springs Man Sentenced to 15 Years in Prison for Distributing Methamphetamine and Possession of Firearm in Furtherance of Drug Trafficking Crime

    Source: Office of United States Attorneys

    JOHNSTOWN, Pa. – A resident of Mineral Springs, Pennsylvania, has been sentenced in federal court to 181 months in prison, to be followed by five years of supervised release, on his convictions of conspiracy to distribute and possession with intent to distribute methamphetamine, and possession of a firearm in furtherance of a drug trafficking crime, Acting United States Attorney Troy Rivetti announced today.

    United States District Judge Marilyn J. Horan imposed the sentence on Brian Gidney, 51.

    According to information presented to the Court, from in and around July 2019 to in and around June 2020, in the Western District of Pennsylvania, Gidney conspired to distribute and possess with intent to distribute 500 grams or more of a mixture of methamphetamine. Further, on or about June 9, 2020, Gidney possessed with intent to distribute 500 grams or more of a mixture of methamphetamine, and also possessed a firearm in furtherance of his drug trafficking crime. Gidney was intercepted on a federal wiretap obtaining quantities of methamphetamine that he distributed to others.

    Assistant United States Attorney Maureen Sheehan-Balchon prosecuted this case on behalf of the government.

    Acting United States Attorney Rivetti commended the Drug Enforcement Administration and Pennsylvania State Police for the investigation leading to the successful prosecution of Gidney. Additional agencies participating in this investigation include the Bureau of Alcohol, Tobacco, Firearms and Explosives, Internal Revenue Service – Criminal Investigation, United States Postal Inspection Service, Homeland Security Investigations, Pennsylvania Office of Attorney General, Clearfield County District Attorney’s Office, Erie County District Attorney’s Office, Millcreek Police Department, Erie Bureau of Police, and other local law enforcement agencies.

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

    MIL Security OSI –

  • MIL-OSI Security: Final defendant sentenced in local Indian Arts and Crafts Act case

    Source: Office of United States Attorneys

    The defendants sold over $1 million worth of fraudulent artwork throughout the conspiracy.

    JUNEAU, Alaska – A Washington man was sentenced yesterday for his role in a scheme to sell hundreds of products produced in the Philippines as authentic Alaska Native produced artwork, violating the Indian Arts and Crafts Act.

    According to court documents, between July and August 2021, Cameron Losi, fka “Cameron Lawrence,” 39, conspired with others, including the owners of Alaska Stone Arts LLC and Rail Creek LLC, stores located in Ketchikan, to sell items falsely represented to be authentic Alaska Native art. Losi was employed as a salesperson for Alaska Stone Arts LLC, which primarily sold stone carvings. Rail Creek LLC primarily sold wood totem poles.

    Court documents explain that from April 2016 to December 2021, Cristobal Rodrigo, 59, his wife Glenda Rodrigo, 46, and their son Christian Rodrigo, 24, all from Washington, were the owners and operators of the stores and were co-conspirators in the case. The investigation revealed that the carvings and totem poles sold in both stores were sourced from Rodrigo Creative Crafts, a company owned by Glenda Rodrigo and located in the Philippines. The company used Filipino labor to produce the artwork before shipping them to the Rodrigo’s stores in Alaska, where they were sold as authentic Alaska Native art.

    According to court documents, the Rodrigos hired Alaska Natives and non-Alaska Native employees at both Ketchikan stores to help with day-to-day operations and represent and sell Philippine produced artwork as their own authentic Native artwork. Aside from Losi, who is of American Indian descent, the Rodrigos also hired Travis Lee Macasaet, 39, of Ketchikan, Simeon Cabansag, 39, of Ketchikan, and Jessie Reginio, 28, of Seattle, Washington. Macasaet and Cabansag were two of the Alaska Natives hired by the family. Reginio was one of the non-Alaska Native employees hired by the family.

    Losi conspired with the other co-defendants to sell the artwork to customers and falsely represent that the art was all produced from locally sourced materials and made by Alaska Natives or by members of an American Indian tribe. Court documents outline that Losi misrepresented to customers that he was the sole artisan of the stone carvings under the name “Cameron,” and that other employees were Alaska Native family members who carved and sold stone and wood totem poles in both businesses. 

    During the course of the conspiracy, Losi and others involved in the scheme sold hundreds of stone and wood carvings produced in the Philippines as authentic Alaska Native carvings.

    Losi was sentenced to five years’ probation and 250 hours of community service. Losi is required to pay over $12,200 in restitution to his victims in this case and is required to write an apology letter to the victims and the Tlingit and Haida Indian Tribes to be published publicly.

    “This sentencing marks a crucial step toward justice, finally holding accountable all defendants responsible for this betrayal of Alaska Native artisans, whose craftsmanship is not only their livelihood but their pride,” said U.S. Attorney Michael J. Heyman for the District of Alaska. “The fraudulent actions of all seven defendants resulted in over a million dollars in illegal profits, undermining the integrity of genuine artists and exploiting the very cultural heritage that some defendants are connected to. Through our collaboration with the Indian Arts and Crafts Board and the U.S. Fish and Wildlife Service Office of Law Enforcement, we have secured justice for tribal communities and the victims who were deceived through forgery and misrepresentation.”

    “Counterfeit Alaska Native art, such as the carvings Cameron Losi sold to unwitting customers at the Alaska Stone Arts business in Ketchikan, are an affront to Alaska Native culture, tradition, and heritage,” said Indian Arts and Crafts Board Director Meridith Stanton.  “The Indian Arts and Crafts Board by statute is responsible for administering the Indian Arts and Crafts Act (IACA), an anti-counterfeiting law that protects Indian artists and consumers.  Mr. Losi’s actions undermine Alaska Native economies and the hard work of Alaska Native artists who are dedicated to celebrating their unique culture and using their artwork to pass to down their traditions and skills from one generation to the next.  His actions also erode consumers’ confidence in the Alaska Native art market, particularly with respect to the many tourists traveling through Southeast Alaska each year.  Due to the outstanding work of the U.S. Attorney’s Office-District of Alaska and the U.S. Fish and Wildlife Service IACA Investigative Unit, Mr. Losi is being held accountable and the message is clear.  For those selling counterfeit Alaska Native art it is important to know that wherever you are we will diligently work to find you and prosecute you under the IACA.”

    “Cameron Losi collaborated with the Rodrigos and others to misrepresent Philippine-made stone carvings and totem poles as Alaskan Native made,” said Doug Ault, Assistant Director of the U.S. Fish and Wildlife Service Office of Law Enforcement. “Losi used his American Indian heritage to defraud customers by knowingly selling Philippine-made stone carvings and totem poles at premium prices. These deceptive business practices cheated customers and undermined the economic livelihood of Alaskan Native artists. Our special agents investigate crimes in violation of the Indian Arts and Crafts Act on behalf of the U.S. Department of the Interior and the Indian Arts and Crafts Board. Protecting Alaska Native culture and traditions is a critical part of the act. We thank the U.S. Department of Justice for their assistance with this investigation.”

    Co-conspirators in this case include:

    • Cristobal Rodrigo: Sentenced to two years in prison in August 2023 for his role in the scheme. His sentence was reduced to 18 months in June 2024 but remains the longest sentence a defendant has received for any Indian Arts and Crafts Act violation in the U.S., according to the Indian Arts and Crafts Board.
    • Glenda Rodrigo: Sentenced to up to six months’ home confinement and 240 hours of community service on July 8, 2024.
    • Christian Rodrigo: Sentenced to up to three months’ home confinement and 200 hours of community service on July 8, 2024.
    • Travis Macasaet: Sentenced to five years’ probation and 250 hours of community service on Nov. 12, 2024.
    • Simeon Cabansag: Sentenced to three years’ supervised release, time served and 150 hours of community service on Nov. 12, 2024.
    • Jessie Reginio: Sentenced to three years’ probation, a $5,000 fine and $10,000 in restitution on Nov. 12, 2024.

    The Department of Interior – U.S. Fish and Wildlife Service and Office of Law Enforcement, with assistance from the Indian Arts and Crafts Board, U.S. Customs and Border Protections, and U.S. Department of Agriculture, investigated the case.

    Assistant U.S. Attorney Jack Schmidt prosecuted the case.

    If you suspect potential Indian Arts and Crafts Act violations are being committed, a complaint may be submitted through the Indian Arts and Crafts Board’s online complaint form, www.doi.gov/iacb/should-i-report-potential-violation, by emailing iacb@ios.doi.gov, or by calling 888-278-3253.

    ###

    MIL Security OSI –

  • MIL-OSI USA: $4 Million Intersection Improvement Project in Oneonta

    Source: US State of New York

    overnor Kathy Hochul today announced that work is beginning on a $4 million project to enhance safety and improve traffic flow at a key gateway to the City of Oneonta. The project will transform the intersection of James F. Lettis Highway (State Route 23) and Main Street (State Route 7) by constructing a modern roundabout that will reduce vehicle congestion and make it easier for pedestrians and motorists to reach the area’s popular destinations, including SUNY Oneonta, Hartwick College and the shops and businesses of downtown Oneonta.

    “The City of Oneonta is a true gem of the I-88 corridor, with a robust, walkable downtown, thriving businesses and thousands of college students making this Mohawk Valley community their home every year,” Governor Hochul said. “We want to make sure that everyone in Oneonta reaches their destinations as safely as possible, and that’s just what this new roundabout and other community enhancements will provide.”

    The project will convert the current, signalized intersection of Lettis Highway and Main Street into a single-lane roundabout that will improve vehicle mobility and reduce idling. New sidewalks, lighting and signage – including flashing beacons – will also be installed to enhance safety for pedestrians. New drainage systems and landscaping will be added to improve resiliency and sustainability.

    Roundabouts are engineered to maximize safety and minimize congestion. They are safer, more sustainable, and more efficient than traditional intersections. Crashes in roundabouts are less severe, resulting in fewer injuries and fatalities. Roundabouts also eliminate the need for electric-powered traffic signals. For tips on how to safely navigate a roundabout, check out this helpful instructional video.

    Work on the project is getting underway this month with tree removal and other site preparation activities. Major construction will start in early to mid-July and will focus initially on the northern end of the intersection and the interior of the roundabout. During this phase, only the ramps to and from the Lettis Highway will be open to traffic traveling eastbound on Main Street. All other vehicular and pedestrian access will be closed. Detours for vehicles and pedestrians will be posted.

    In early to mid-September, work will shift to the southern end of the intersection and the ramps to and from Lettis Highway. At this point, the ramp onto the Lettis Highway southbound will be closed. Traffic traveling eastbound on Main Street will also be detoured around the intersection. All detours for vehicles and pedestrians will be posted.

    Additionally, a free, 24-hour shuttle service will be provided to further aid pedestrians during periods when access to the work zone will be restricted. There will be four designated pickup and drop-off locations, including two on Main Street and two on Lettis Highway. Signs will be installed to identify the designated drop-off/pick-up locations at least a week prior to closure of the roadway. Additional signs will be posted at the roadway closure limits informing pedestrians of the transportation service availability, pick-up and drop-off locations, and the contact information to call for the service.

    New York State Department of Transportation Commissioner Marie Therese Dominguez said, “New York State, under the leadership of Governor Kathy Hochul, is investing in our transportation infrastructure to create safer systems that reduce conflicts and minimize the likelihood of fatal crashes, with the goal getting to zero fatalities – because even one death on our highway system is too many. This new roundabout will benefit the entire Oneonta community, creating more efficient vehicle flow and enhancing safety for the many residents, visitors and students who travel to and from this beautiful city and its many attractions each day.”

    The project is being funded with a mix of state and federal funding, with the bulk of it provided via the federal Highway Safety Improvement Program. It’s also part of NYSDOT’s Safe System Approach toward Zero Deaths that involves designing and managing road infrastructure to keep the risk of a human error low and minimizing the likelihood of fatality or serious injury during crashes. Construction is tentatively scheduled to wrap up by the end of 2025.

    This is the first of two projects that are being advanced to address congestion in the Oneonta area. The Southside Oneonta Safety and Mobility Improvements Project is tentatively scheduled to begin in 2026 and will focus on improving the sidewalks and traffic flow along State Route 23 and State Route 28 near the southern end of the Lettis Highway.

    Representative Josh Riley said, “Projects like the roundabout at Lettis Highway and Main Street are exactly the kind of common-sense solutions that will make a real difference for communities like Oneonta. It’s not just about traffic; it’s about safety for our students, residents, and visitors. I’m pushing hard to bring federal dollars back home for projects across NY-19, and I’m grateful for the Governor’s leadership in helping to deliver these crucial infrastructure improvements.”

    Assemblymember Brian Miller said, “Investing in infrastructure that improves safety and mobility is critical to the growth and vitality of our communities. The intersection improvement project located at State Route 23 and State Route 7 in the City of Oneonta is a smart and forward-thinking investment that will not only reduce congestion and improve traffic flow but also enhance pedestrian and bicycle access to educational institutions and downtown businesses. Improving safety on our roadways is always a top priority, and this intersection upgrade in Oneonta is a great example of the kind of investment that makes a real difference.”

    Oneonta Mayor Mark Drnek said, “On behalf of the City of Oneonta I’d like to express my deep gratitude for the continuing support of our Governor and the State of New York in making our city increasingly safe, attractive, and conveniently accessible to residents and visitors.”

    About the Department of Transportation

    It is the mission of the New York State Department of Transportation to provide a safe, reliable, equitable and resilient transportation system that connects communities, enhances quality of life, protects the environment and supports the economic well-being of New York State. Lives are on the line; slow down and move over for highway workers!

    For more information, find them on Facebook, follow us on X or Instagram, or visit their website. For up-to-date travel information, call 511, visit www.511NY.org or download the free 511NY mobile app.

    MIL OSI USA News –

  • MIL-OSI USA: Increasing Bus Service on 16 Local NYC Bus Routes

    Source: US State of New York

    overnor Kathy Hochul and the Metropolitan Transportation Authority (MTA) today announced it will increase bus service on 16 local routes across Brooklyn, Queens, the Bronx and Staten Island beginning June 29, 2025. This is in addition to enhanced express bus service on eight lines that went into effect earlier this Spring. The service enhancement will decrease travel times, shorten commutes and reduce wait times at bus stops.

    “Every New Yorker deserves access to safe, fast and reliable public transit, and I’m investing in our buses and subways so we can deliver better service in every corner of our city,” Governor Hochul said. “We’re taking action to strengthen our transportation infrastructure, bring stations and equipment up to par and create the best experience for every rider.”

    MTA Chair and CEO Janno Lieber said, “Buses connect New Yorkers to jobs, education, entertainment and everything else the city has to offer. By increasing service on some of the busiest routes in the outer boroughs, we can deliver opportunity and quality of life upgrades to literally thousands of New Yorkers.”

    Proposed by Governor Hochul in November 2024 in connection with the launch of congestion pricing, the service enhancements are one of the many ways stakeholders are working to give commuters better alternatives to driving. The following is a list of local bus routes that will benefit from the enhanced service. These lines have high ridership and, thanks to the success of congestion relief, allow riders to have expanded access to fast, safe, reliable transit service — especially in areas underserved by the subway system.

    The Bronx:

    • Bx10 (Riverdale-Norwood)
    • Bx17 (Port Morris-Fordham Plaza)
    • Bx23 (Co-op City-Pelham Bay Park Station)
    • Bx28/Bx38 (Co-op City-Fordham Center)

    Brooklyn

    • B17 (Crown Heights-Canarsie)
    • B26 (Fulton St-Ridgewood)
    • B74 (Sea Gate-Stillwell Avenue Station)
    • B103 (Canarsie-Downtown Brooklyn)

    Queens

    • Q13 (Flushing-Ft. Totten)
    • Q28 (Bayside-Flushing)
    • Q35 (Rockaway Park-Midwood)
    • Q43 (Jamaica-Floral Park)
    • Q66 (Flushing-Long Island City
    • Q69 (Long Island City-Astoria)

    Staten Island

    • S46/S96 (Castleton Avenue)
    • S79 SBS (Staten Island Mall-Bay Ridge)

    The following is a list of the express bus routes in the Bronx, Brooklyn, Queens and Staten Island that have already implemented expanded service:

    • BM2 (Canarsie-Avenue H-Midtown/Downtown)
    • BM5 (Spring Creek-Linden Blvd-Woodhaven Blvd-Midtown)
    • X27 (Bay Ridge-Midtown/Downtown)
    • QM15 (Lindenwood-Cross Bay Blvd-Woodhaven Blvd-Midtown)
    • SIM1C (Eltingville-Hylan Blvd-Midtown/Downtown)
    • SIM4C (Huguenot-Richmond Av-Midtown/Downtown)
    • SIM23 (Annadale-Arden Av-Midtown)
    • SIM24 (Prince’s Bay-Huguenot Av-Midtown)

    NYC Transit President Demetrius Crichlow said, “Frequent, reliable bus service is essential for so many New Yorkers, especially for those who don’t live near the subway. By enhancing bus service on 16 local routes starting this summer, we can improve trips along critical corridors, especially where we have seen increased ridership since the beginning of congestion relief.”

    Assembly Speaker Carl E. Heastie said, “Metropolitan Transportation Authority (MTA) bus routes are of great importance for everyday New Yorkers, facilitating their commuting to and from various destinations, like work, especially in transportation deserts. Today’s announcement of service enhancements for 16 local bus routes across the city set to commence this summer, will ensure frequent and dependable services during a period when ridership tends to surge. I would like to thank the MTA for its commitment to the people of New York and its dedication to ensuring the accessibility of public transportation for all.”

    State Senator Jeremy Cooney said, “When we invest in public transit, we break down barriers to transportation and make it easier for passengers to get from Point A to Point B, and increasing bus service helps achieve this. I want to thank Governor Hochul and MTA Chair Lieber for their commitment to an efficient bus system that meets the needs of all New Yorkers.”

    State Senator Leroy Comrie said, “Increasing bus services throughout Queens is crucial for ensuring that all New Yorkers have access to reliable and efficient transportation. These enhancements will reduce commute times and make connecting with essential services easier for our communities. I support this initiative, which reflects our commitment to improving public transit and enhancing the quality of life for all residents. I will continue to advocate for equitable investments in transportation, especially with the expansion of the Q43 route to better connect residents to vital locations.”

    State Senator Kristen Gonzalez said, “I’m so excited for more frequent and reliable bus service in our community. Thank you to the MTA for their work in expanding bus service across NYC, and to my colleagues in the legislature who voted to fund this project.”

    State Senator Andrew Gounardes said, “Brooklynites from across my district rely on buses to get to work, school, and everywhere else they need to go, and they deserve frequent, reliable service that works for them. That’s especially true for seniors, folks with disabilities and those who live far from the subway. These are some of the highest-ridership bus routes in the city, and this service increase is a boon to New Yorkers and to our economy. Thanks to the MTA for making smart investments like this in our transit system and our city.”

    State Senator Robert Jackson said, “Transit justice begins with investment—and I commend the MTA for taking this step toward a fairer, faster New York. For my constituents in District 31 and working-class New Yorkers across the city, expanded service on the Bx10 and other local routes is more than a convenience—it’s a correction. It’s a recognition that access to reliable, efficient transit is not a luxury, but a right. Every added bus, every reduced wait, brings us closer to a system that serves all of us—equitably, urgently, and with the dignity our communities deserve.”

    State Senator John Liu said, “These service enhancements are a welcome step forward for Queens riders who rely on our bus network to get to school, work, and other essential destinations every day. Increasing service on many of these routes will provide more options for riders in northeast Queens without direct subway access to connect to mass transit. This expansion is an important part of the MTA’s broader bus redesign and aligns with the goals of congestion pricing, which is to invest in faster, more reliable service and get more commuters out of their cars and into mass transit.”

    State Senator Julia Salazar said, “Hundreds if not thousands of New Yorkers in our district depend on buses to get to work, see their loved ones, grab their groceries, and more. As a strong advocate for investing in our public transit systems, I’m thrilled the MTA is enhancing services on 16 local routes, making commutes faster, more reliable, and more convenient.”

    Assemblymember Jeffrey Dinowitz said, “Thank you MTA for announcing increased bus service around the city, specifically in my district with the Bx10 bus line. The Bx10 runs throughout most of my district, including Riverdale, Kingsbridge, Van Cortlandt Village, and Norwood, and will now have additional buses in rotation all day, reducing wait times at bus stops and shortening travel times. Many of my constituents rely on the Bx10 for transportation and these new service enhancements will improve their daily commutes. Investing in our public transportation is one of the smartest choices we can make, and I am confident that these changes will benefit us all greatly.”

    Assemblymember Charles D. Fall said, “I’ve long called for improvements to the S46 line, and I’m glad to see this critical investment finally being delivered for the West Shore and North Shore communities of our borough. These enhancements will help reduce wait times, ease overcrowding, and make daily commutes more reliable for working families who rely on this route. I remain committed to fighting for equitable, accessible transit across Staten Island and beyond.”

    Assemblymember Larinda C. Hooks said, “We appreciate the additional service being added to key routes like the Q66 and Q69, which play an essential role in connecting neighborhoods across Queens. This is a positive step toward improving access for residents who often experience long and complex commutes. I look forward to continued efforts that build a more efficient and equitable transit system for all New Yorkers.”

    Assemblymember Jo Anne Simon said, “The upgraded B103 bus service is a game-changer for our community. More frequent service means faster, more reliable commutes. Investing in our bus network is critical to making transit work better for everyone.”

    Assemblymember Steven Raga said, “I’m grateful for the MTA’s leadership in creating reliable, efficient, and speedy bus service for New Yorkers. Like many New Yorkers throughout the city, I have several constituents who do not live near a train station, resulting in busses to be one of their only modes of transportation. The Q66, for example, is a vital bus service that connects my constituents in Jackson Heights and Woodside to neighborhoods all the way to Flushing and Long Island City. With the enhanced bus services taking effect, I’m excited for my constituents and all New Yorkers to experience faster commutes and experience shorter wait periods.”

    Assemblymember George Alvarez said, “Investing in better bus service is investing in the everyday lives of Bronx residents. With enhanced service on key routes like the Bx10, Bx17, Bx23, and Bx28/Bx38, communities from Riverdale to Co-op City will benefit from shorter wait times, improved reliability, and greater access to opportunity. This is a meaningful step toward a more connected, equitable Bronx.”

    Bronx Borough President Vanessa L. Gibson said, “I’m pleased to see the MTA expanding local bus service in the Bronx and across the city. Reliable and frequent public transit is essential to our communities — it connects people to jobs, school, healthcare, and opportunity. These service enhancements will help shorten commutes, reduce wait times, and make everyday travel more manageable for Bronxites who rely on our buses the most. Investments like this bring us one step closer to a more equitable and accessible transit system for all New Yorkers.”

    Queens Borough President Donovan Richards said, “More than 800,000 Queens residents rely on MTA bus service each day, and each one of them deserves a fast, reliable commute that gets them to work, school, home or elsewhere quickly. With these needed service enhancements — in tandem with the full Queens Bus Network Redesign coming this summer — that commute is exactly what families across the borough will finally be able to enjoy. I’m deeply grateful to our dedicated partners at the MTA for working hand-in-hand with our borough to deliver the kind of mass transit system all 2.4 million of us in Queens have long sought and advocated for.”

    The increased service is being funded with $8 million from the Outer Borough Transportation Account, which was established by the New York State Legislature in 2018 to improve transportation service in the outer boroughs.

    MIL OSI USA News –

  • MIL-OSI USA: Afghan National Pleads Guilty to Obtaining Firearms in Connection with Plot to Conduct ISIS-Inspired Election Day Terrorist Attack

    Source: US State of California

    Abdullah Haji Zada, 18, a native and citizen of Afghanistan and U.S. lawful permanent resident, pleaded guilty today to a criminal information charging him with knowingly receiving, attempting to receive, and conspiring to receive a firearm and ammunition to be used to commit a federal crime of terrorism.

    According to court documents, Zada and a co-conspirator received two AK-47-style rifles and 500 rounds of ammunition, knowing that the firearms and ammunition would be used in connection with a terrorist attack on Election Day in November 2024 on behalf the Islamic State of Iraq and al-Sham (ISIS), a designated foreign terrorist organization. Zada was arrested with co-conspirator Nasir Ahmad Tawhedi, 27, also a citizen of Afghanistan, in October 2024.

    Zada, who was 17 at the time of his arrest, entered his guilty plea as an adult and will be sentenced as an adult. At sentencing, Zada faces a maximum penalty of 15 years in federal prison and a $250,000 fine.

    As part of the plea agreement, Zada stipulated to the entry of a judicial order of removal from the United States to Afghanistan following his term of incarceration. Zada acknowledged that the order of removal would terminate his lawful permanent resident status. Zada also waived his right to appeal the conviction except in limited circumstances or seek any form of appeal or relief from his removal and deportation, including but not limited to, seeking asylum.

    Tawhedi is currently awaiting trial for conspiring and attempting to provide material support to ISIS, which carries a maximum penalty of 20 years in prison, and receiving, attempting to receive, or conspiring to receive a firearm to be used to commit a felony or a federal crime of terrorism, which carries a maximum penalty of 15 years in prison, if convicted. An indictment is merely an allegation and Tawhedi is presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    Sue J. Bai, head of the Justice Department’s National Security Division, U.S. Attorney Robert J. Troester for the Western District of Oklahoma, and Assistant Director David J. Scott of the FBI’s Counterterrorism Division made the announcement.

    The FBI Oklahoma City Field Office’s Joint Terrorism Task Force, which includes Homeland Security Investigations, U.S. Immigration and Customs Enforcement, U.S. Citizenship and Immigration Services, U.S. Marshals Service, Oklahoma State Bureau of Investigation, the Edmond Police Department, the Moore Police Department, the Oklahoma City Police Department, the Oklahoma City Community College Police Department, and the Oklahoma City University Police Department, is investigating the case.

    Assistant U.S. Attorneys Jessica L. Perry and Matt Dillon for the Western District of Oklahoma, and Assistant U.S. Attorney Everett McMillian and Trial Attorney Jennifer Levy of the National Security Division’s Counterterrorism Section are prosecuting the case.

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Over 230 York pensioners £7,000 a year better off with Pension Credit

    Source: City of York

    The 231 pensioners in York who claimed Pension Credit since December 2024 are now an extra £7,000 a year better off.

    Following publicity campaigns to encourage eligible people to claim, 231 applications were made from December 2024 to February 2025 by residents over State Pension age and who are on a low income. They are now directly benefitting from a total extra £1,790,736 a year, from Pension Credit and linked benefits.  

    Of the total £1,790,736 now being paid yearly to those York residents, £338,866 was for backdated claims and £49,200 was for Winter Fuel Payments. Estimates suggest that the value of these awards over the estimated life expectancy of the claimants, could add up to over £10,638,000.

    One successful claimant from York said:

    I now have Pension Credit and Council Tax Support and couldn’t feel happier – it is so lovely. I wouldn’t have known what to do or that this would be possible without Age UK York and the Carers’ Centre helping me. Thank you so much.”  

    This is part of an ongoing campaign in partnership with organisations including Citizens’ Advice York, Older Citizens Advocacy York (OCAY), Age UK York and the Carers’ Centre to make sure residents claim all the support available to ease financial pressures, particularly with recent increases to energy and water bills.

    To be able to make a claim, residents must be over State Pension age and on a low income. Pension Credit tops up:

    • weekly income to £227.10 for single people
    • joint weekly income to £346.60 for those with a partner.

    People with a higher income might still be eligible for Pension Credit if they have a disability, care for someone, have housing costs or have savings.

    Cllr Katie Lomas, Executive Member for Finance, Performance, Major Projects, Human Rights, Equality and Inclusion at City of York Council, said:

    Last autumn, Government data showed that around 1,600 York households were missing out on Pension Credit. We contacted those they had details for, advising them that they might be eligible and offering advice and support to apply for it.  

    “Of the 470 we contacted, 231 have successfully applied and together, are £1,790,736 a year better off.

    “We are continuing our campaign and will be letting more people know they could be missing out and how to apply. If you haven’t claimed yet, it’s really worth doing so. Help to make your claim is available for a share of over £1 million remaining unclaimed by York residents.”

    Simon Holmes, Chief Executive of Age UK York, said:

    We recognise the challenges faced by too many older people, both here in York and across the country, with 34% of pensioners feeling less financially secure than a year ago and over 450,000 in our region having to cut back on heating or powering their home.

    “For each of the 246 – and counting – individuals helped here in York who are now receiving Pension Credit it can make such a vital difference not only financially, but to their independence and wellbeing. We would please encourage anyone unsure if they are eligible to find out more and to get in touch here in York

    “A huge thank you to all those involved in making this happen across our partnership with their expertise and compassion in being there to help and continuing to offer such valued support each day to local people and communities across York.”

    Find out if you’re eligible, what you’re eligible for and how to apply at www.gov.uk/pension-credit or call free on 0800 99 1234. For local information and support, see www.york.gov.uk/PensionCredit

    MIL OSI United Kingdom –

  • MIL-OSI Security: Suburban Chicago Man Charged With Preparing and Filing More Than 50 Fraudulent Tax Returns

    Source: Office of United States Attorneys

    CHICAGO — A suburban Chicago man has been charged in federal court with preparing and filing more than 50 fraudulent tax returns for himself and others.

    An indictment returned Tuesday in U.S. District Court in Chicago accuses CEDRICK TAYLOR of preparing and assisting in the preparation of 45 individual tax returns on behalf of numerous individuals for the calendar years 2018 to 2023.  Taylor helped prepare returns that fraudulently overstated and misrepresented tax credits, deductions, and expenses in order to fraudulently reduce the individuals’ tax liabilities and claim refund amounts to which they were not entitled, the indictment states.  Taylor also filed several individual tax returns for himself that misrepresented tax credits and underreported his income, the indictment alleges.

    Taylor, 40, of Winfield, Ill., is charged with 45 counts of willfully preparing a false tax return for others and six counts of filing false tax returns for himself.  Each count is punishable by up to three years in federal prison.  Arraignment in federal court in Chicago has not yet been scheduled.

    The indictment was announced by Andrew S. Boutros, United States Attorney for the Northern District of Illinois, Ramsey Covington, Acting Special Agent-in-Charge of IRS Criminal Investigation in Chicago, and Douglas S. DePodesta, Special Agent-in-Charge of the FBI Chicago Field Office.  The government is represented by Assistant U.S. Attorney Jeffrey Snell.

    The public is reminded that an indictment is not evidence of guilt.  The defendant is presumed innocent and entitled to a fair trial at which the government has the burden of proving guilt beyond a reasonable doubt.

    MIL Security OSI –

  • MIL-OSI USA: Cantwell, Senate Democrats Warn About Republicans Raising Food Costs to Give Tax Breaks to Billionaires

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell
    04.17.25
    Cantwell, Senate Democrats Warn About Republicans Raising Food Costs to Give Tax Breaks to Billionaires
    “Congress should not give tax breaks to the wealthiest Americans by taking away food assistance from millions of Americans,” wrote the senators More than 1 in 10 Washingtonians use SNAP to purchase food, half of whom are in families supporting children
    WASHINGTON, D.C. – U.S. Senator Maria Cantwell (D-WA), ranking member of the Senate Committee on Commerce, Science, and Transportation and senior member of the Senate Committee on Finance, joined 45 Senate Democratic colleagues in sending an open letter to the American public warning that Congressional Republicans are trying to take food away from hungry families in order to give tax breaks to the wealthiest Americans.
    The budget plan that Congressional Republicans are currently pushing will require deep cuts to the Supplemental Nutrition Assistance Program (SNAP) to fund the planned tax breaks. Their plan demonstrates that, after promising to lower prices for families, Republicans in Congress are instead making it more difficult for families to put food on the table.
    “Congress should not give tax breaks to the wealthiest Americans by taking away food assistance from millions of Americans,” wrote the senators.
    “SNAP supports 42 million Americans, including nearly 8 million seniors, 16 million children, 4 million people with disabilities, and 1.2 million veterans, in putting food on their tables each month,” they continued. “Cuts of this magnitude—or anything close to it—would be devastating to American families in every state.”
    SNAP is used by 888,300 Washington residents, or 11% of the state’s population. More than 53% of SNAP participants in Washington are in families with children, and more than 38% are in families with members who are older adults or are disabled.
    Along with Sen. Cantwell, the letter was signed by Senators Amy Klobuchar (D-MI), Chuck Schumer (D-NY), and 43 other Senate Democrats.
    The full text of the letter can be found HERE.
    The GOP’s budget plan will also require significant cuts to Medicaid, a central pillar of Washington state’s health care system, and under President Trump’s direction, Elon Musk’s DOGE team has targeted Social Security for drastic reductions.
    In March, Sen. Cantwell heard from voices across Washington state about the dangers of President Trump and the GOP’s proposed cuts to Medicaid. Doctors, patients, and health care providers in Seattle, Spokane, and the Tri-Cities warned that such cuts would devastate Washington state’s health care system and limit access to lifesaving care. Sen. Cantwell spoke out against President Trump’s nomination of Dr. Mehmet Oz to be Administrator of the Centers for Medicare and Medicaid Services; in his nomination hearing, she pressed him repeatedly on his willingness to stand up for Medicaid funding. She ultimately voted against his nomination, citing his refusal to stick up for Medicaid during the hearing, which is of particular concern given the Republicans’ draconian budget bill, which would require massive cuts.
    Sen. Cantwell is also fighting against President Trump’s plans to cut Social Security. As a senior member of the Senate Finance Committee, she highlighted the danger that the President’s nominee to head the Social Security Administration, Frank Bisignano, poses to the program. At his confirmation hearing, she mentioned the story of a constituent in Seattle who was incorrectly presumed dead shortly after Elon Musk sicced his DOGE team on the Social Security Administration to hunt down unsubstantiated claims of widespread fraud.  Sen. Cantwell voted against his nomination in committee.  The full Senate has yet to vote on the nomination.

    MIL OSI USA News –

  • MIL-OSI Canada: Budget Commitments Include Targeted Investments for Safer Communities

    Source: Government of Canada regional news

    Released on April 17, 2025

    The Government of Saskatchewan is reinforcing its commitment to delivering safer communities and neighbourhoods through new and continued investments in the 2025-26 Budget. This includes $665 million for the Ministry of Corrections, Policing and Public Safety; $271 million for the Ministry of Justice and Attorney General; $118.9 million for the Saskatchewan Public Safety Agency (SPSA); and $9.1 million for the Saskatchewan Firearms Office (SFO). 

    “Public safety continues to be a top priority for our government, which is reflected through investments in Budget 2025-26,” Minister of Corrections, Policing and Public Safety and Justice and Attorney General Tim McLeod said. “Investments in policing, border security initiatives, reintegration supports for offenders and measures to address gangs, illegal drugs and weapons will help create safer communities for everyone in Saskatchewan.” 

    In 2024-25 and 2025-26, the Government of Saskatchewan invested $2 billion in public safety. This includes an increase of $28.4 million, totaling $699.4 million over two years, to support policing and community safety in the province and over $518 million over two years to enhance access to justice services.

    Investing in the protection of people and property 

    This year, the budget includes $261 million to fund RCMP operations in the province, including $23.7 million for the First Nations Policing Program. 

    The 2025-26 Budget also includes funding to continue public safety commitments that were announced last fall. These include $6 million as part of the $11.9 million commitment to hire approximately 100 new municipal police officers; $2.7 million to hire 14 new Safer Communities and Neighbourhoods personnel to reduce crime by targeting nuisance properties; and $1.6 million for the Saskatchewan Police College, as part of the government’s three-year commitment to train more officers in the province. 

    An additional $3.6 million will be invested to hire 50 new officers under the Saskatchewan Marshals Service (SMS), which is expected to become operational in the coming months – a full year ahead of schedule. The SMS will focus on provincial policing priorities, including gangs, illegal weapons and drugs, along with apprehending prolific, high-risk offenders and wanted individuals who pose a public safety risk.

    The 2025-26 Budget includes a targeted investment of $1.5 million to enhance roadway patrols, border security initiatives and other public safety priorities, including investments for six weigh-scale operators to conduct commercial vehicle inspections and seven prisoner transport deputy sheriffs to increase their capacity for prisoner transport, allowing more RCMP officers to focus on addressing frontline calls for service.

    This enhanced law enforcement presence extends to Saskatchewan’s border with the United States. To enhance security and safety at the border, the government introduced the Saskatchewan Border Security Plan in January 2025 to mobilize Provincial Protective Services officers to work in partnership with provincial policing services and federal agencies to boost law enforcement’s presence near the border.

    Investing in a more accessible court system

    The 2025-26 Budget provides funding to create a more accessible court system, support the enforcement of municipal bylaw offences and enhance prosecution services. This year’s budget also supports initiatives that reduce the amount of time police need to spend in court, which will allow them to spend more time delivering core policing duties in their communities. 

    Major investments in the 2025-26 Justice and Attorney General budget include $665,000 to support the expansion of traffic safety courts; a commitment of $447,000 for the development of municipal bylaw court hubs which will streamline and improve municipal bylaw enforcement; and investing $822,000 in Public Prosecutions to accommodate the introduction of body-worn cameras by the RCMP and the expansion of body-worn camera use by the Saskatoon Police Service.

    This year’s budget will continue to invest in the Court Modernization Project, providing $3.38 million for ongoing enhancements such as modernized courtroom technology and infrastructure and the continued implementation of the Judicial Scheduling, Tracking and Amalgamated Reporting system. 

    “Over the last two years we have improved police accountability, built community partnerships and invested in courtroom modernization,” McLeod said. “Our government is following through on our ongoing commitment to increase access to justice services across the province for the benefit of all Saskatchewan individuals, families and communities.” 

    Improving safety for correctional staff, offenders and the public

    To improve overall safety for correctional staff, offenders and the public, and to address capacity concerns at correctional facilities, this year’s budget provides $11.7 million to the Ministry of Corrections, Policing and Public Safety to support the opening of the new Saskatoon Correctional Centre expansion. 

    It includes investments to expand the capacity for women in the correctional system, as well as increasing funding to the Elizabeth Fry Society of Saskatchewan as it works to successfully reintegrate female offenders back into their communities. 

    This year’s budget also includes $1.1 million for the Electronic Monitoring Program to increase the real-time monitoring of offenders in the community.

    Investing in interpersonal violence programs and services 

    In 2025-26, government will invest $31.7 million for interpersonal violence programs and services through the justice system. This includes $328,000 for second-stage housing and an additional $720,000 for community-based organizations, including those that deliver supports and services to individuals and families impacted by interpersonal violence and abuse. 

    The 2025-26 Budget includes funding to allow the SPSA to continue its four-year plan to purchase four repurposed airtankers for use in fighting wildfires and other emergency services.

    The budget provides $9.1 million in funding for the SFO this year, including $569,000 to support the Saskatchewan Ballistics Laboratory, which is set to open this fall. The ballistics laboratory will play a vital role in supporting firearms-related criminal investigations and help reduce the impact of illegal firearms and gun violence in the province. 

    -30-

    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI USA: ICE investigation leads to 30-year sentence for production, distribution of child exploitation material

    Source: US Immigration and Customs Enforcement

    LOS ANGELES – A San Gabriel Valley man was sentenced April 14 to 360 months in federal prison for producing and distributing child sexual abuse material depicting himself sexually abusing a toddler.

    “This lengthy sentence enables the victim and their family to continue toward recovery while bringing to justice the man responsible for that victimization,” said ICE Homeland Security Investigations acting Deputy Special Agent in Charge Los Angeles Dwayne Angebrandt.

    David Lisandro Perez Figueroa, 23, of Monrovia, was sentenced in Central District of California, ordered to pay $2,799 in restitution, and placed on lifetime supervised release. Perez Figueroa pleaded guilty in November 2024 to one count of production of child pornography and one count of distribution of child pornography.

    From an unknown date until December 2023, Perez Figueroa recorded his sexual abuse of a 2-year-old child for the purpose of making a visual depiction of sexually explicit conduct.

    In July 2023, Perez Figueroa distributed the child sexual abuse material via the social media platform X, formerly known as Twitter, in an account linked to Perez Figueroa.

    British law enforcement, investigating a target in the United Kingdom, discovered the X chat logs with child sexual abuse material and worked with ICE HSI London in providing information to ICE HSI Los Angeles. Based on this information, federal agents executed a search warrant at Perez Figueroa’s residence on December 5, 2023, that resulted in his arrest and the rescue of a minor victim.

    ICE HSI is a global leader in the fight against child exploitation and is committed to protecting children from exploitation by predators involved in the production, distribution, and possession of child sexual abuse material and travel in foreign commerce to engage in illicit sexual conduct with minors.

    Report suspected child exploitation to the ICE Tip Line at 866-347-2423 or through the CyberTipline on the National Center for Missing & Exploited Children’s website.

    Learn more about HSI’s mission to protect children in your community on X at @HSILosAngeles. To learn how you can prevent online child sexual exploitation and abuse, visit Know2Protect.gov.

    MIL OSI USA News –

  • MIL-OSI Security: New England Doctor Sentenced for Drug Conspiracy

    Source: Office of United States Attorneys

    Burlington, Vermont – A New England doctor was sentenced on April 14, 2025 to eight months in prison, followed by two years of supervised release, for conspiring to illegally distribute buprenorphine, a prescription opioid. The Court also ordered the forfeiture of $75,000, which reflects the proceeds Khan collected as a result of prescribing high-dose opioids over the course of the conspiracy, and a fine of $20,000. Additionally, as a result of this investigation, Khan has relinquished his medical license and DEA registrations. This was the first joint prosecution of a doctor by the United States Attorney’s Office for the District of Vermont and the United States Department of Justice, Criminal Division, Health Care Fraud Unit’s New England Strike Force.

    According to court documents, in November 2024, Adnan S. Khan, M.D., 49, of Manchester, New Hampshire, pleaded guilty to conspiring with others to illegally distribute opioids through his business, New England Medicine and Counseling Associates (NEMCA), which operated a network of clinics in New England. Khan admitted that he and others agreed to require cash for purported office visits and falsify medical records to justify his illegal prescribing practices.

    During the conspiracy, Khan emailed a co-conspirator a press release from the United States Department of Justice (“USDOJ”), announcing the creation of the New England Strike Force. In response, the co-conspirator stated that it is “clear that ‘making profit off of patients’ is geared towards folks like us. Curious where this will lead.” Khan then emailed NEMCA staff and stated that, “I have been informed that there is a new task force . . . [for the New England states] on the lookout for medical professionals who are prescribing scheduled meds [irresponsibly], etc.” In light of this, Khan warned his staff that, “It is not a matter of if someone from such a task force will visit NEMCA but rather a matter of time.” Khan then ordered his staff “NOT to engage or discuss anything [with the USDOJ’s New England Strike Force] about NEMCA, what we do, what we offer, fees, etc.”

    Under the plea agreement, Khan admitted that he and a co-conspirator required patients—many of whom were economically disadvantaged—to pay $250 cash in exchange for opioid prescriptions.  Khan then diverted funds that he earned from these patients for his personal use and benefit, including by purchasing an airplane and multiple properties in New England. Khan would also personally deposit the cash that he received from patients, including deposits in excess of $10,000, at his bank. If a patient could not afford the full cash payment, Khan agreed to lower the dosage of that patient’s prescription.

    Khan also admitted that he and a co-conspirator discussed their concern that, because pharmacies were no longer willing to fill the prescriptions, NEMCA might lose “dishonest” patients, who were “selling their meds.” Khan said that their “honest patients” were “the smaller part of [NEMCA’s] clientele” and urged a co-conspirator, “it’s the diverters [of the drugs that] we need to try to figure out a way to retain.” A co-conspirator emailed Khan, suggesting that they give $100 “scholarships” to patients who owed them money. Khan responded, “Stuck on ‘who’ should get them. Shitbag patients owe me so much that $100 won’t even put a dent on their account and they probably won’t appreciate it. Maybe the borderline ones who are just over the $250 threshold? They would probably get on their knees in gratitude.”

    Acting U.S. Attorney Michael P. Drescher for the District of Vermont made the announcement. The Department of Health and Human Services—Office of Inspector General, the Federal Bureau of Investigation, the Drug Enforcement Administration and the Vermont Attorney General’s Office Medicaid Fraud and Residential Abuse Unit, investigated the case.

    Trial Attorneys Thomas D. Campbell and Danielle H. Sakowski of the Criminal Division’s Fraud Section and Assistant U.S. Attorney Andrew Gilman for the District of Vermont prosecuted the case.

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

    Anyone needing access to opioid treatment services can contact HHS-OIG’s Substance Abuse and Mental Health Services Administration 24/7 National Helpline for referrals to treatment services at 1-800-662-4359. 
     

    MIL Security OSI –

  • MIL-OSI USA: San Juan charter schoolteacher arrested for child exploitation

    Source: US Immigration and Customs Enforcement

    SAN JUAN, Puerto Rico – U.S. Immigration and Customs Enforcement agents arrested Raul Moises Martinez Rivera, 25, from Carolina and a teacher at a local San Juan charter school April 10 on criminal charges related to his alleged child exploitation conduct.

    On April 3, a federal grand jury indicted Martinez Rivera on two counts for coercion and enticement of a minor and the transfer of obscene material to a minor.

    According to court documents, from November to December 2024, Martinez Rivera used a cellular phone, as well as internet instant messaging services, to knowingly persuade, induce, entice, and coerce a 13-year-old female minor, to engage in sexual activity. During that time, the defendant also used the internet to knowingly transfer obscene matter to the minor.

    “Protecting our children from online predators is one of our highest priorities, especially those that take advantage of their position of trust,” said ICE Homeland Security Investigations Special Agent in Charge San Juan Rebecca González-Ramos. “This individual does not represent the commitment and dedication of the teachers in Puerto Rico. HSI remains vigilant to aggressively pursue those who exploit minors. We will continue to work tirelessly to safeguard our communities and hold offenders accountable.”

    Chief Jenifer Hernandez-Vega and Assistant United States Attorney Daynelle Alvarez Lora from the Child Exploitation and Immigration Unit are prosecuting the case.

    If convicted, the defendant faces a mandatory minimum sentence of 10 years. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    For more information about HSI’s efforts to protect children from sexual predators, visit https://www.dhs.gov/k2p; and to report suspicious activities call 787-729-6969 in Puerto Rico or the ICE Tip Line at 1-866-DHS-2-ICE.

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

    MIL OSI USA News –

  • MIL-OSI: Exor Press Release – Announcement of the Reference VWAP for the Tender Offer

    Source: GlobeNewswire (MIL-OSI)

    THIS PRESS RELEASE IS NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN AUSTRALIA, CANADA, JAPAN, OR ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW.

    Amsterdam, 17 April 2025

    EXOR N.V.: ANNOUNCEMENT OF THE REFERENCE VWAP
    FOR THE TENDER OFFER

    On 17 April 2025, the reported closing price of the Ordinary Shares on Euronext Amsterdam was EUR 78.30 per Ordinary Share.

    The volume weighted average market price at which Exor’s Ordinary Shares traded on Euronext Amsterdam (the “Volume-Weighted Average Price” or “VWAP”) during the period from 09:00 CET on 27 March 2025 to 17:40 CET (inclusive) on 17 April 2025 was EUR 80.0027 per Ordinary Share (the “Reference VWAP”). The price corresponding to a three (3) per cent discount over the Reference VWAP (the “Minimum Price”) is EUR 77.6026 per Ordinary Share and the price corresponding to a ten (10) per cent premium over the Reference VWAP (the “Maximum Price”) is EUR 88.0029 per Ordinary Share.

    The table below sets out the EUR price per Ordinary Share associated with each of the VWAP-based prices within the Price Range.

    The Strike Price will be set after the closing of the Tender Offer Period on 23 April 2025 and shall not exceed the Maximum Price or be lower than the Minimum Price and is subject to the Price Cap defined in the Offer Memorandum.

    VWAP-based price within the Price Range Price in euro per Ordinary Share to which the VWAP-based prices in the Price Range correspond
    Reference VWAP – 3% (the Minimum Price) EUR 77.6026
    Reference VWAP – 2% EUR 78.4026
    Reference VWAP – 1% EUR 79.2026
    Reference VWAP EUR 80.0027
    Reference VWAP + 1% EUR 80.8027
    Reference VWAP + 2% EUR 81.6027
    Reference VWAP + 3% EUR 82.4027
    Reference VWAP + 4% EUR 83.2028
    Reference VWAP + 5% EUR 84.0028
    Reference VWAP + 6% EUR 84.8028
    Reference VWAP + 7% EUR 85.6028
    Reference VWAP + 8% EUR 86.4029
    Reference VWAP + 9% EUR 87.2029
    Reference VWAP + 10% (the Maximum Price) EUR 88.0029

    As set out in the Offer Memorandum, the Price Cap, is the lower of (i) EUR 98.73, or (ii) 110 per cent of the highest closing price recorded for the Ordinary Shares on Euronext Amsterdam during the Determination Period, which is equal to EUR 99.94 (the “Price Cap”). The VWAP-based prices within the Price Range are not affected by the Price Cap, and as a result, no validly tendered shares will be disregarded.

    Further information

    The Offer Memorandum, containing the full terms and conditions of the Tender Offer and instructions to Qualifying Shareholders on how to tender their Ordinary Shares should they wish to do so, has been made available on a dedicated part of the Company’s website (see below). Terms used but not defined in this announcement have the meaning assigned to them in the Offer Memorandum.

    Public announcements in connection with the Tender Offer will be made by press release and will be available on the dedicated tender offer website of the Company at https://www.exor.com/pages/investors-media/shareholders-corner/share-buyback

    Qualifying Shareholders should consult their financial, tax and legal advisors before deciding whether to tender their Ordinary Shares or not.

    For further information regarding Tender Offer procedures, please contact your financial intermediary, custodian, bank or stock broker.

    Investor Relations
    ir@exor.com or +31 (0)20 240 2 222

    Attachment

    The MIL Network –

  • MIL-OSI: CalPrivate Bank Announces Expansion Into Santa Barbara County, Ca.

    Source: GlobeNewswire (MIL-OSI)

    LA JOLLA, Calif., April 17, 2025 (GLOBE NEWSWIRE) — Private Bancorp of America, Inc. (OTCQX:PBAM) (“Company”) and CalPrivate Bank (“Bank”) announced today the addition of a Montecito Office led by veteran banker, George Leis who will serve as Executive Vice President & Market President.

    George Leis has been a long-standing admired member of the Santa Barbara community. George’s banking career spans more than 20 years in Santa Barbara County, including as President and CEO of both Santa Barbara Bank and Trust and Montecito Bank and Trust.

    The extensive, trusting client relationships George has built over his career speak volumes to his dedication to provide extraordinary service and solutions to his clients, while his commitment to the local community is evident in his serving on numerous non-profit boards, including Channel Islands YMCA, California State University, Northridge, National Disaster Search Dog Foundation, Santa Barbara Historic Museum, Santa Barbara Humane Society, and as Chair of the National Board of the YMCA of the USA.

    Joining Mr. Leis in the new Upper Village Montecito office is a team of highly experienced, dynamic local private bankers. Dan Glaeser and Sarah McLelland will lead the Relationship Management team, while Emily Strawn will oversee operations for the new office.

    Rick Sowers, President and Chief Executive Officer of the Company and Bank stated, “We are thrilled to have such seasoned and respected individuals join the CalPrivate Team. Having known George for years and having served alongside him on the Board of Directors for the California Bankers Association, I know George to be a person of great character, with strong leadership qualities and an unwavering commitment to the greater Santa Barbara community. His approach to relationship banking is exactly what we provide at Cal Private Bank, and we couldn’t be more pleased to partner with him and this great group of bankers.”

    “I am honored to be joining the CalPrivate Team, who bring creative, high touch, timely, customized solutions to their clients,” said Mr. Leis. “The core values of Relationships, Solutions and Trust align directly with the needs of our Santa Barbara Community and I’m eager to bring these unique services to our Clients to meet their personal needs and help them grow their organizations.”

    Paul Azzi, Chief Banking Officer of CalPrivate Bank added, “The passion George and his team have for building strong, long-standing Client relationships and supporting their community is a perfect match for our Client-centric, Solution-driven approach. Together, we’re ecstatic to make a real difference and deliver exceptional client results in the greater Santa Barbara community.”

    About Private Bancorp of America, Inc.
    Private Bancorp of America, Inc. (OTCQX: PBAM) PBAM is the holding company for CalPrivate Bank, which operates offices in Coronado, San Diego, La Jolla, Newport Beach, El Segundo, Beverly Hills, and soon Montecito, as well as through efficient digital banking services. CalPrivate Bank is driven by its core values of building client Relationships based on superior client Solutions, unparalleled Service, and mutual Trust. The Bank caters to high-net-worth individuals, professionals, closely held businesses, and real estate entrepreneurs, delivering a Distinctly Different™ personalized banking experience while leveraging cutting-edge technology to enhance our clients’ evolving needs. CalPrivate Bank is in the top tier of customer service survey ratings in the nation, scoring almost three times higher than the median domestic bank. The Bank offers comprehensive deposit and treasury services, rapid and creative loan options including various portfolio and government-guaranteed lending programs, cross border banking, and innovative, unique technologies that drive enhanced client performance. CalPrivate Bank has been recognized by Bank Director’s RankingBanking® as the 10th best bank in the country and the #1 bank in its asset class for both return on assets (ROA) and return on equity (ROE). CalPrivate Bank was also ranked in the top 5% of banks in the U.S. with assets between $2B and $10B by American Banker. Additionally, CalPrivate Bank is a Bauer Financial 5-star rated bank, an SBA Preferred Lender, and has been honored as Community Bank SBA 504 Lender of the Year by the NADCO Community Impact Awards, exemplifying excellence in the banking industry. These prestigious rankings highlight the Bank’s commitment to delivering exceptional banking services and setting new industry standards.

    Learn more at www.calprivate.bank.

    Investor Relations Contact
    Rick Sowers
    President and CEO
    Private Bancorp of America, Inc.
    (424) 303-4894

    Safe Harbor Paragraph
    This press release contains expressions of expectations, both implied and explicit, that are “forward-looking statements” within the meaning of such term in the Private Securities Litigation Reform Act of 1995. We caution you that a number of important factors could cause actual results to differ materially from those in the forward-looking statements, especially given the current turmoil in the banking and financial markets. These factors include the effects of depositors withdrawing funds unexpectedly, counterparties being unable to provide liquidity sources that we believe should be available, loan losses, economic conditions and competition in the geographic and business areas in which Private Bancorp of America, Inc. operates, including competition in lending and deposit acquisition, the unpredictability of fee income from participation in SBA loan programs, the effects of bank failures, liquidations and mergers in our markets and nationally, our ability to successfully integrate and develop business through the addition of new personnel, whether our efforts to expand loan, product and service offerings will prove profitable, system failures and data security, whether we can effectively secure and implement new technology solutions, inflation, fluctuations in interest rates, legislation and governmental regulation. You should not place undue reliance on forward-looking statements, and we undertake no obligation to update those statements whether as a result of changes in underlying factors, new information, future events or otherwise. These factors could cause actual results to differ materially from what we anticipate or project. You should not place undue reliance on any such forward-looking statement, which speaks only as of the date on which it was made. Although we, in good faith, believe the assumptions and bases supporting our forward-looking statements to be reasonable there can be no assurance that those assumptions and bases will prove accurate.

    The MIL Network –

  • MIL-OSI: Gate.io’s 12-Year Milestone: Ecosystem Reconstruction and Future Blueprint Behind GT’s Value Surge

    Source: GlobeNewswire (MIL-OSI)

    PANAMA CITY, April 17, 2025 (GLOBE NEWSWIRE) — In the fast-evolving world of digital assets, 12 years marks a period of deep engagement that spans nearly the entire lifecycle of the industry. From early exploration to becoming a witness to the industry’s development, every step Gate.io has taken has been closely tied to market cycles, technological evolution, and shifting user demands. This has not been a linear journey but a long-term game of trust, technology, and forward-looking judgment.

    Looking back, Gate.io has evolved from a product-oriented platform focused solely on cryptocurrency trading into a global ecosystem covering asset trading, asset management, public chains, industry research, and Web3 infrastructure. This transformation represents not a mere quantitative accumulation but a qualitative leap. Every product upgrade and strategic pivot has been a deep reflection and practical exploration of ecosystem efficiency and user core value.

    Now, in its 12th year, Gate.io has chosen GT as the key anchor connecting the past and the future. GT is not just the value carrier of the ecosystem’s operations but also shoulders multiple missions including brand revitalization, mechanism restructuring, and community engagement. At this pivotal point, GT is taking on a central role in reshaping ecosystem value with clearer positioning and more open architecture, activating the next phase of growth.

    Anniversary Celebration and Brand Evolution: Crossing from Trading to Ecosystem

    Gate.io’s 12th anniversary celebration is not only a tribute to its past achievements but also a key milestone for its brand strategy upgrade. From a cryptocurrency trading platform to a global ecosystem giant, Gate.io‘s transformation is reflected in every detail. The upgrade of the brand name and the revamp of the visual identity signify not just superficial changes but a redefinition of the brand’s core. The new brand image conveys a message of greater professionalism and credibility, aligning with the global and futuristic positioning of Web3 and providing strong trust support for GT’s value.

    GT, as the core token of the Gate.io ecosystem, has long surpassed the role of a mere trading medium. It runs through the entire ecosystem, connecting user rights, ecosystem applications, and market growth, becoming a true super token. On the occasion of the 12th anniversary, GT’s value logic is undergoing profound changes. The platform’s sustained growth, the breakthrough in user numbers, and continuous ecosystem expansion have all laid a solid foundation for GT’s value appreciation. And this is just the beginning.

    Platform Growth and Resonating Demand for GT

    In the first quarter of 2025, Gate.io’s user base surpassed 22 million. This surge in users not only signifies increased platform activity but also drives growth in both spot and derivatives trading volumes. These increases, through the buyback and burn mechanism, further feed back into GT’s value.

    The deflationary model is a crucial pillar supporting GT’s value growth. To date, over 170 million GT have been cumulatively burned, with a destruction value of approximately $408 million. The continuous reduction in circulating supply is enhancing GT’s scarcity. This scarcity, combined with the ongoing growth in user numbers and trading volume, provides a solid foundation for further value appreciation. GT’s value is reflected not only in trading but also in its unique properties as an ecosystem token. As the platform continues to expand, the demand for GT will only keep increasing.

    GT Holder Rights Upgrade and Value Closed-Loop

    GT’s holding mechanism is continuously being optimized, progressively building a “holding equals earning” closed-loop system of value. Based on holding GT, users can enjoy multiple benefits, including trading fee discounts, Launchpool participation rights, and HODLer rewards. Paired with the VIP tier system, GT holders can unlock more personalized services and higher-tier earning structures.

    CMC data shows that the number of GT holders has continued to rise since the beginning of the first quarter, and GT’s market cap ranking has climbed to 40th globally. These trends indicate that user trust in GT is strengthening, and holding behavior is shifting from short-term speculation to long-term allocation. Changes in the holding structure help stabilize the price and lay a solid foundation for the sustainable development of the platform’s ecosystem.

    The enhancement of the rights mechanism is not just about incentivizing active users; it also showcases GT’s capability to unlock ecosystem value. By deeply binding token holding with ecosystem revenue, Gate.io is gradually releasing GT’s intrinsic value potential, promoting its application and recognition across wider scenarios.

    Breaking Out of the Ecosystem: Global Resource Integration Empowering GT

    Gate.io’s brand evolution is not merely a visual refresh but marks strategic repositioning. Through the unified presentation of the new name and visual system, the platform conveys a stronger sense of professionalism and trust, aligning with Web3’s globalized, technological, and future-forward aesthetic standards. This change not only enhances brand recognition but also injects a stable cognitive foundation into GT’s market value.

    Focusing on “ecosystem expansion” as the core direction, Gate.io is actively expanding partnerships with world-class IPs. Deep collaborations with FC Internazionale Milano and Oracle Red Bull Racing in F1 not only increase brand visibility in the international market but also introduce GT into broader consumer scenarios. Through such cross-sector partnerships, the platform successfully bridges the crypto world with mainstream sports culture, establishing a connection between token value and user emotions.

    At the same time, the application boundaries of GT are being redefined. It is evolving from a trading medium into a cross-scenario connector, sparking new possibilities across industries like sports, entertainment, and consumer goods. This cross-industry integration allows GT to move beyond internal digital asset circulation and gradually assume the critical role of linking the real world with the Web3 ecosystem. In the future, with continued global resource integration, GT’s ecosystem value is poised to leap to a higher level.

    GT’s Growth Potential: Core Logic and Market Expectations

    Historical data shows that GT often outperforms BTC during bull markets, demonstrating strong resilience and valuation recovery capabilities. As a platform token, its price fluctuations are highly correlated with industry cycles, giving it significant room for revaluation when the market recovers. The overall industry rebound provides external momentum, while Gate.io’s ongoing ecosystem expansion builds internal support, creating a dual foundation for GT’s growth.

    Currently, Gate.io’s ecosystem is forming a positive feedback loop. Growth in user numbers helps drive platform revenue, increased revenue enhances GT’s buyback and burn efforts, deflationary effects further boost market prices, and rising prices, in turn, attract new users. This “flywheel effect” strengthens the value closed-loop between the platform and the token, creating a long-term upward drive system for GT.

    The token burn mechanism is a core element of GT’s deflationary model. As scarcity gradually accumulates, GT’s pricing power in the market is steadily enhanced. The expansion of Gate.io’s ecosystem not only brings more application scenarios but also provides stronger intrinsic value support for GT. From supply-demand dynamics to deflationary logic and evolving user behavior, multiple factors are now shaping the core growth logic behind GT’s potential.

    12th Anniversary: A Short-Term Catalyst for GT Value Release

    To celebrate its 12th anniversary, Gate.io has launched multiple user incentive programs, including airdrops, the WCTC S7 trading competition, and high-yield staking opportunities, aimed at boosting GT’s market activity in the short term. These initiatives are expected to drive greater user participation, increase GT’s usage frequency, and enhance its market visibility. Furthermore, through these activities, new users may gradually be converted into long-term holders, further strengthening the ecosystem’s stickiness.

    The anniversary incentives are designed to work synergistically. Airdrops increase GT’s market exposure and attract new users to the platform. Trading competitions, through ranking and rewards, drive higher trading activity. Staking incentives encourage users to hold GT longer, extending the participation cycle. These measures not only unlock short-term value but also lay a solid foundation for long-term ecological growth.

    Importantly, the focus of this anniversary celebration is not merely short-term market stimulation. Instead, it aims to drive full-cycle user conversion from awareness to engagement, through a key milestone event. As users become more integrated into the ecosystem through participation, GT’s value support base will be further solidified. Compared to short-lived price fluctuations, long-term value accumulation carries greater strategic significance, and this anniversary serves as a critical trigger point for that transformation.

    GT: A Value Carrier in the Web3 Era

    After 12 years of development, Gate.io has expanded its ecosystem and integrated global resources, pushing the boundaries of its platform token. GT has evolved beyond a simple trading tool, emerging as a “passport of rights” within the Web3 ecosystem. This transformation is not a mere extension of its functionality but a deep evolution driven by strategic upgrades, compliance initiatives, and technological innovation. GT is now entering a new phase of value revaluation.

    GT’s core value is no longer limited to scarcity or platform-driven price support. As an ecological token, GT plays a pivotal role in resource allocation, rights distribution, and user engagement. Gate.io’s continuous efforts in product diversification, cross-industry collaboration, and global expansion are steadily broadening GT’s practical applications and strengthening its intrinsic value.

    The 12th anniversary marks the completion of one development cycle and the starting point for the next growth phase. GT’s future extends beyond the platform itself; it is being embedded into the broader trajectory of the Web3 era. Against the backdrop of accelerating ecosystem integration, GT is poised to become a critical hub connecting on-chain and off-chain applications, establishing itself as a core asset in the emerging digital economy.

    Media Contact:
    Elaine Wang at elaine.w@gate.io

    Disclaimer
    The content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please be noted that Gate.io may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement via https://www.gate.io/user-agreement.

    Disclaimer: This press release is provided by Gate.io. 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. 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. 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.Speculate only with funds that you can afford to lose.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.

    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 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/bbb5396c-2597-4484-9ba6-f60bf8496c21

    The MIL Network –

  • MIL-OSI: XRP News: XploraDEX $XPL Presale Heats Up as Final 4 Days Trigger Surge in Whale Participation

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, April 17, 2025 (GLOBE NEWSWIRE) — The first AI-Powered DEX on XRP Ledger, XploraDEX is igniting a firestorm across the XRPL ecosystem as its $XPL Presale enters its final four days. With a rapidly shrinking token allocation and buzz intensifying across social platforms, what began as a high-potential opportunity has become one of the most urgent plays in DeFi right now.

    The first AI-powered decentralized exchange built natively on the XRP Ledger, XploraDEX is designed to give traders an unfair advantage through smart automation, predictive analytics, and real-time trade optimization. It’s not just solving the problem of inefficient trading—it’s flipping it on its head.

    Buy $XPL Tokens Now

    $XPL is the fuel behind it all. Token holders unlock access to intelligent trading dashboards, lower fees, yield incentives, and decision-making power through governance. The upcoming launchpad and staking modules are further enhancing the token’s role within the broader XploraDEX ecosystem.

    Final Round of $XPL PreSale

    In the last 48 hours, whale activity has spiked. On-chain data shows major wallets consolidating $XPL positions while retail participation surges—triggered by growing awareness that time is almost up. With more than 80% of the $XPL presale allocation already filled, new buyers are scrambling to join before listings go live and the price adjusts upward.

    XploraDEX is shaping up to be the most transformative platform XRPL has seen in years. Its AI engine will help users detect momentum shifts, automate entries and exits, and adapt to market conditions faster than human traders ever could.

    Participate in $XPL PreSale

    The $XPL PreSale isn’t just about buying a token—it’s about being first to a movement. A protocol backed by real utility, smart infrastructure, and the speed of the XRP Ledger.

    If you’re watching from the sidelines, the signal is clear: the market is moving. And the gate is closing.

    Join the $XPL Presale While You Still Can: https://sale.xploradex.io

    Stay connected and Join the XploraDEX AI Revolution

    Website | $XPL Token Presale | X | Telegram

    Contact:
    Oliver Muller
    oliver@xploradex.io
    contact@xploradex.io

    Disclaimer: This press release is provided by the XploraDEX. 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.

    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/4137b900-57cb-4acc-9636-0a207ffbe0af

    The MIL Network –

  • MIL-OSI: Valuit: Revolutionizing Access to Private Markets in the Digital Economy

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, April 17, 2025 (GLOBE NEWSWIRE) — Private investments have long been dominated by institutional players and high-net-worth individuals, leaving everyday investors sidelined. With blockchain technology opening new avenues for financial inclusion, Valuit is emerging as a pioneering force in on-chain investment banking, breaking down barriers and making private market opportunities more accessible than ever before.

    Transforming Traditional Finance with Blockchain Innovation

    Valuit was conceived out of a real-world challenge—how to invest in private assets like litigation financing and private credit despite capital constraints. The company’s founding team, with expertise spanning cryptocurrency trading, traditional finance, banking infrastructure, and debt markets, recognized the inefficiencies in legacy systems. Their solution? A blockchain-powered financial ecosystem that democratizes access to investment opportunities.

    “Valuit is not just about tokenizing assets; it’s about creating an inclusive investment infrastructure where liquidity, compliance, and security come together seamlessly,” said Kevin Cafeo, Co-Founder & CEO of Valuit.

    Meet the Visionary Founders

    • Kevin Cafeo – Co-Founder & CEO

      Kevin founded Valuit in 2022 with the mission to make private market investments more inclusive. Prior to Valuit, he played a pivotal role in scaling Zeebu, a blockchain-powered payment network that processed billions in on-chain telecom settlements, where he led growth and market expansion strategies.

    • Aren Bagci – Co-Founder & CIO

      A seasoned leader in global market expansion and institutional finance, Aren has a proven track record of driving corporate growth by entering new markets and forging high-impact strategic partnerships. During his tenure at TigerEdge, he led growth-focused investment initiatives across domestic energy markets, including capital deployments into onshore oil and gas projects involving major operators such as Exxon, Pioneer, and Devon.

    • Raj Brahmbhatt – Co-Founder & Chairman

      A trailblazer in blockchain and fintech, Raj is the co-founder and CEO of Zeebu, where he has overseen over $7 billion in on-chain transactions. His expertise in scaling blockchain-powered payment solutions and building products that truly bridge Tradfi to Defi, highlight his deep understanding of financial technology innovation.

    The Rising Market Opportunity

    The tokenization of real-world assets (RWAs) is redefining financial markets. According to a report by Boston Consulting Group, the RWA tokenization market is projected to exceed $16 trillion by 2030, encompassing diverse asset classes such as real estate, private equity, and commodities.

    With institutional adoption gaining traction and regulatory frameworks evolving, the market is poised for exponential growth. However, despite this momentum, accessibility and compliance challenges persist—gaps that Valuit is actively addressing through its comprehensive ecosystem.

    Beyond Tokenization: A Full-Scale Investment Ecosystem

    Unlike platforms that merely tokenize assets, Valuit is building a holistic financial infrastructure, integrating:

    • Compliance & Regulation: Ensuring global regulatory adherence to make tokenized assets legally sound and institutionally viable.
    • Capital Markets Integration: Bridging traditional finance (TradFi) and decentralized finance (DeFi) for efficient capital deployment and secondary market liquidity.
    • Blockchain-Powered Automation: Utilizing smart contracts to streamline transactions, reduce costs, and enhance transparency.

    Valuit’s product suite is designed to cater to a broad range of stakeholders:

    • Tokenization Platform: A comprehensive solution for issuing, managing, and trading tokenized assets.
    • DeFi Tools: Advanced decentralized financial instruments that enhance liquidity, enable market-making, and optimize capital efficiency.
    • AI-Driven Compliance: Leveraging AI-powered automation for regulatory oversight, risk management, and investment decision-making.

    Who Stands to Benefit?

    Valuit serves as a gateway to new financial opportunities for diverse stakeholders:

    • Asset Owners: Unlock liquidity through seamless tokenization, ensuring transparency of investment products and leveraging innovative capital structures.
    • Institutional Investors: Gain exposure to new asset classes with reduced friction. Reduce bottom-line expenditure by up to 60%, enable cross-border distribution channels to onboard new liquidity providers, and create innovative investment vehicles to automate administrative functions while optimizing portfolios for existing investors.
    • Retail Investors: Access investment opportunities that were previously out of reach, with enhanced options for cross-border diversification and addressing capital constraints.

    With an intuitive and compliant platform, Valuit eliminates the technical complexities often associated with blockchain investments, ensuring a seamless experience for all investors.

    A Vision for the Future

    Valuit is on a mission to reshape the financial landscape, making alternative investments as straightforward as trading public stocks. With a firm foundation in compliance, capital markets, and blockchain innovation, the company is positioned to redefine asset issuance, management, and trading in real-time.

    “As finance moves toward decentralization, Valuit is ensuring this shift is not just a wrapper of traditional products, but a shift from legacy capital markets infrastructure to a transparent, automated, and efficient process that benefits all stakeholders.” added Kevin Cafeo.

    Stay Updated with Valuit

    For more information and the latest updates, follow Valuit on:

    Media Contact:

    Pranav Goyal

    marketing@valuit.com

    Valuit LLC

    https://valuit.com/

    Disclaimer

    Valuit is a technology platform enabling the tokenization of real-world assets (RWAs) and bridging traditional and decentralized finance. While it offers tools for asset tokenization, liquidity, compliance, and smart contracts, Valuit does not provide financial advice, manage investments, or act as a broker.

    All investment activities involve risk, and blockchain-related offerings are subject to evolving regulations. Users should conduct independent research and seek professional advice before investing. Valuit makes no guarantees on financial outcomes and is not liable for losses resulting from reliance on this information.

    Disclaimer: This press release is provided by the Valuit LLC. 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.

    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/62accd69-a45f-424c-b4df-1970b841db8e

    The MIL Network –

  • MIL-OSI United Nations: Deputy Secretary-General’s remarks at the Opening of the 4th Partnering for Green Growth and the Global Goals (P4G) Summit [as delivered]

    Source: United Nations secretary general

    Your Excellency To Lam, General Secretary of the Communist Party of Viet Nam,
    Your Excellency Pham Minh Chinh, Prime Minister of the Socialist Republic of Viet Nam,
    Your Excellency Abiy Ahmed, Prime Minister of the Federal Democratic Republic of Ethiopia,
    Your Excellency Hun Sen, Prime Minister of the Kingdom of Cambodia,
    Excellencies,
    Distinguished guests,

    On behalf of the Secretary-General, António Guterres, I thank the Government of Viet Nam and the co-chairs H.E. Mr. Abiy Ahmed, Prime Minister of Ethiopia, and the Prime Minister of Denmark for organizing this year’s P4G Summit.

    This year marks a crucial inflection point: the tenth anniversary of both the Sustainable Development Goals and the Paris Agreement.

    A decade has passed, and much progress has been made.

    But let’s state what we all know to be true: we are nowhere near where we need to be.

    As I speak, there are 750 million people who do not have access to electricity.

    2 billion people have no clean cooking solutions to cook their dinner tonight.

    Children across the world are breathing air increasingly filled with fossil fuel emissions affecting their health.

    Not only are we not where we need to be, but  intensifying climate shocks and geopolitical turmoil threaten to push back some of the progress and development wins of the past decade.

    These statistics, and the picture I have painted is enough to make some give up. But as the late Archbishop Desmond Tutu said, ‘Hope is being able to see that there is light despite all of the darkness’.

    Excellencies, three things give me hope today.

    First, what I see in this room today – leaders, representatives of governments, businesses, investors, and civil society from around the world. By showing up, you are showing your commitment to building societies that are more sustainable, more resilient, more inclusive, and more prosperous. You are not giving up.

    Second, the relentless human endeavor for genuine collaboration gives me hope. The Just Energy Transition Partnerships and the P4G’s public-private partnership are just two examples.  By working together for a common purpose, we can help emerging and developing economies transform their energy, water, and food systems to become zero-carbon and more resilient, inclusive, and sustainable.

    Third, the economic imperatives of taking climate action have never been stronger and more urgent.

    Last year, climate disasters caused 320 billion dollars worth of damage worldwide.

    The climate crisis is draining our pockets of resources that we desperately need for development.

    Yet experts estimate that every dollar invested in climate adaptation generates a return of up to 10 times.

    Meanwhile, the costs of wind, solar, and battery storage have plummeted so much that they have become the cheapest source of new electricity across most markets.

     Last year, renewables accounted for 92.5% of all new power capacity added globally, and clean power surpassed 40% of global electricity generation for the first time.

    This is not just an opportunity for tomorrow – the clean energy sector is already driving development and boosting jobs, accelerating digitalization and granting energy access to a wider range of people .

    1.5 million jobs and 10 per cent of GDP growth globally were added in 2023 across the sector.

    And crucially, most economies are now breaking the link between GDP growth and rising emissions.

    Viet Nam is setting the pace on clean energy. Its bold shift from coal isn’t just fighting climate change, it’s fuelling a fairer, more equal future for all.

    Excellencies,

    We have a rare opportunity in our hands.
     
    A new economic era is about to begin — and we’re right at the cusp of setting a concrete pathway to green growth.

    One that can ensure energy access, affordability, and security, and one that can create zero-carbon, disaster-resilient, and sustainable societies while protecting people and planet. At the UN, we have translated that vision and what it means for the multilateral system, under the Pact for the Future.

    Yet time is a luxury we do not have.

    The climate crisis is setting the pace and scale. It’s our responsibility to keep up.

    Investment is critical.

    To keep 1.5 degrees in reach and deliver on the SDGs, experts estimate that 2.4 trillion dollars per year will need to flow to emerging and developing economies outside China by 2030.

    That means around 1.6 trillion dollars of that going to the clean energy transition.

    And it means around 250 billion dollars to strengthen adaptation and resilience.

    And so, I urge every government leader here today to use the tools at your disposal.

    Accelerate the readily available, cost-effective solutions.

    And drive change with smart policies and reforms at every level – locally, nationally, and globally.

    The next round of national climate plans — or Nationally Determined Contributions — due well before COP 30 present a unique opportunity in this mission. As does meeting the Baku Road Map to deliver 1.3 trillion in Belém.

    They are the key to syncing energy and development plans, building energy efficient infrastructure that aligns with a country’s climate goals, developing industries of the future in green energy, as Vietnam has demonstrated, and creating clear, consistent policies that draw big investments.

    This means aligning national energy and development strategies, including regulatory framework to attract Foreign Direct Investment (FDI) with sustainable agricultural systems, digitalization, job creation, and clean energy access – fostering policy coherence and predictability to attract investments at scale.

    Viet Nam is demonstrating that attracting investments, even in challenging times, is not only possible but achievable. With FDI reaching impressive new levels of $2-3 billion every month, Vietnam stands as a powerful example for others to follow. 

    To the corporate, financial, and civil society leaders in the room, I urge you to keep up the pressure. Keep innovating and collaborating and shifting obstacles into business opportunities.

    And keep creating new models and partnerships that can mobilize finance at scale to drive commitments on climate and sustainable development into real investments in peoples’ lives.

    Finally, let us commit to deliver on the promise of the SDGs and the Paris Agreement to our people today and for future generations.

    Thank you.                                                    
    ***
     

    MIL OSI United Nations News –

  • MIL-OSI Security: Essex County Man Sentenced to 210 Months in Prison for Sex Trafficking Offenses

    Source: Office of United States Attorneys

    TRENTON, N.J. – An Essex County, New Jersey, man was sentenced to 210 months in prison on charges of sex trafficking and prostitution-related offenses, U.S. Attorney Alina Habba announced.

    Amin Sharif, 50, of Newark, was convicted by a jury in July 2024 of one count of attempted transportation of a victim with intent to engage in prostitution, one count of sex trafficking of a minor, one count of use of an interstate facility to promote unlawful activity, one count of transporting a victim with intent to engage in prostitution, and one count of persuading a victim to travel to engage in prostitution, following an eight-day trial before U.S. District Judge Michael A. Shipp in Trenton federal court.

    According to documents filed in this case and the evidence at trial:

    In January 2021, the Federal Bureau of Investigation began investigating Sharif for sex trafficking offenses. Sharif recruited four females, including one minor victim, from states across the country—New York, Pennsylvania, Idaho, and Utah.  Sharif used multiple social media accounts and assumed aliases and false identities to recruit and entice victims.  He made promises of housing stability, payment of bills and living expenses, and promises that the victims could make up to thousands of dollars per day by working for him.  Sharif advertised the minor victim online, offering her for 32 sexual services.

    Sharif was previously convicted of transporting a minor to engage in prostitution in federal court and was sentenced to 10 years in prison.

    In addition to the prison term, Judge Shipp sentenced Sharif to 20 years of supervised release.

    “Amin Sharif is a dangerous sex offender who has repeatedly preyed on vulnerable young women and minors in our society.  The Court’s sentence will prevent Sharif from harming additional victims and will send a strong signal to would-be traffickers that sex trafficking will not be tolerated in the District of New Jersey and will result in serious sentences.”

    –U.S. Attorney Alina Habba

    “Disguised with multiple names and social media profiles, and promising help financially, Sharif instead sexually exploited his victims for his own monetary gain. Sharif ignored the physical and psychological trauma he was causing these vulnerable women and minors.  FBI Newark Special Agents, Analysts, and Task Force Officers will stop at nothing to get heinous criminals off the streets, phones, and computers from where they lurk and put them behind bars where they belong,” stated FBI Acting Special Agent in Charge Terence G. Reilly. 

    U.S. Attorney Habba credited special agents of the FBI Newark Field Office, under the direction of Acting Special Agent in Charge Terence G. Reilly, with the investigation leading to this sentencing.  She also thanked the FBI’s Rochester, New York Office and the Dansville Police Department for their assistance.

    The government is represented by Assistant U.S. Attorneys Farhana C. Melo and Chelsea D. Coleman of the Criminal Division in Newark.

                                                                           ###

    Defense counsel: Laurie M. Fierro Esq., Kinnelon, New Jersey; Mary F. Khellah, North Bergen, New Jersey

    MIL Security OSI –

  • MIL-OSI Security: H Block Gang Member Pleads Guilty to Drug Distribution and Firearm Offense

    Source: Office of United States Attorneys

    BOSTON – A member of the violent Boston-based gang, H-Block, pleaded guilty today in federal court in Boston to drug distribution and firearms charges.

    Jerry Gray, 28 of Roxbury, pleaded guilty to distribution and possession with intent to distribute cocaine and being a felon in possession of a firearm and ammunition. U.S. District Court Judge Angel Kelley scheduled sentencing for July 31, 2025.

    Gray was one of 10 H-Block gang members and associates charged in August 2024 following a multi-year investigation of H-Block beginning in 2021 in response to an uptick in gang-related drug trafficking, shootings and violence. According to court documents, over 500 grams of cocaine, cocaine base (crack cocaine) and fentanyl, as well as over 20,000 doses of drug-laced paper were seized during the investigation.

    In February 2024, Gray, a long-time H Block gang member, sold crack cocaine to a cooperating witness, and then subsequently stole “buy” money from the cooperating witness during an additional controlled purchase in March of 2024. During Gray’s arrest in August of 2024, a Glock pistol, along with numerous rounds of various calibers of ammunition, were located in his residence. At the time of the charged offenses Gray was on probation in Suffolk Superior Court for two separate firearm-related convictions.

    According to the charging documents, the H Block Street Gang is one of the most feared and influential city-wide gangs in Boston. Originally formed in the 1980s as the Humboldt Raiders in the Roxbury section of Boston, the gang re-emerged in the 2000s as H Block. Current members of H Block have a history of violent confrontation with law enforcement, including an incident in 2015 when a member shot a Boston Police officer at point blank range without warning or provocation.

    The charge of distribution and possession with intent to distribute cocaine provides for a sentence of up to 20 years in prison, at least three years and up to a lifetime of supervised release and a fine of up to $1 million. The charge of being a felon in possession of a firearm and ammunition provides for a sentence of up to 15 years in prison, three years of supervised release and a fine of up to $250,000. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and statutes which govern the determination of a sentence in a criminal case.

    Gray is the fifth defendant to plead guilty in the case.
        
    United States Attorney Leah B. Foley; Stephen Belleau, Acting Special Agent in Charge of the Drug Enforcement Administration, New England Field Division; Special Agent in Charge Andrew Murphy of the U.S. Secret Service Boston Field Office; James Crowley, Acting  Special Agent in Charge of the Federal Bureau of Investigation, Boston Division; Jonathan Mellone, Special Agent in Charge of the Depart of Labor, Office of Inspector General; and Boston Police Commissioner Michael Cox made the announcement. The investigation was supported by the Massachusetts State Police; Suffolk County District Attorney’s Office; Massachusetts Department of Corrections; and the Braintree, Quincy, Randolph and Watertown Police Departments. Assistant United States Attorney John T. Dawley of the Organized Crime & Gang Unit and Jeremy Franker of the Justice Department’s Violent Crime & Racketeering Section are prosecuting the cases.

    The case was investigated under the Organized Crime Drug Enforcement Task Forces (OCDETF). OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. For more information about Organized Crime Drug Enforcement Task Forces, please visit Justice.gov/OCDETF.

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

    MIL Security OSI –

  • MIL-OSI Security: Fact Sheet: How DHS is Combating Child Exploitation and Abuse

    Source: US Department of Homeland Security

    Every day, the Department of Homeland Security (DHS) leads the fight against online child sexual exploitation and abuse (CSEA). As part of the Department’s critical mission to combat crimes of exploitation and protect victims, we investigate these abhorrent crimes, spread awareness, collaborate with interagency and international partners, and expand our reach to ensure children are safe and protected.

    “At the Department of Homeland Security, our mission is to protect the American people, and that includes protecting our children. The internet has completely changed how we connect, but it has also opened new doors for predators who want to harm our kids,” said DHS Secretary Kristi Noem. “It’s a topic that should unite all of us, and I appreciate the opportunity to highlight the work of Homeland Security Investigations and all that they do to combat online child exploitation.”

    DHS battles online CSEA using all available tools and resources department-wide, emphasizing its commitment to the Department’s homeland security mission to “Combat Crimes of Exploitation and Protect Victims.” In recognition of President Trump’s proclamation designating April as Child Abuse Prevention Month, DHS is committed to raising awareness of these heinous crimes, preventing child exploitation and abuse, and bringing perpetrators to justice.

    As part of the Department’s ongoing work in this area, today DHS is celebrating the one-year anniversary of Know2Protect, the U.S. government’s first prevention and awareness campaign to combat online CSEA. 

    Between April 2024 and February 2025:

    • DHS launched Know2Protect®, a first of its kind national public awareness campaign to combat online CSEA. The campaign enhances the Department’s capabilities to combat online CSEA by partnering with the private sector to deliver its awareness messaging and coordinating federal efforts to confront and prevent this growing epidemic. The Department has successfully entered into over 20 Know2Protect® Memoranda of Understanding with leading technology companies, national and international sports leagues, youth-serving organizations and nonprofits, and other private sector partners to raise awareness of this crime and help children stay safer online.
    • DHS increased the footprint of law enforcement partners at the DHS Cyber Crimes Center (C3) to enhance coordination across all DHS agencies and offices to combat cyber-related crimes and further the Department’s mission to combat online CSEA. Several partners are collocated and work together every day at the DHS C3, including the United States Secret Service (USSS), U.S. Customs and Border Protection (CBP), the United States Marshals Service (USMS),      U.S. Immigration and Customs Enforcement (ICE) Enforcement and Removal Operations (ERO), and the Department of Justice (DOJ) Computer Crimes and Intellectual Property Section (CCIPS).  
    • The Blue Campaign, part of the DHS Center for Countering Human Trafficking, hosted 170 national trainings on the indicators of forced labor and sex trafficking and how to report these crimes with more than 24,000 participants from the federal government, non-governmental organizations, law enforcement, and other external stakeholders.
    • DHS identified and rescued 1,567 child victims of online CSEA through the work of HSI and made 4,460 arrests for crimes involving online CSEA. Learn more in the U.S. Immigration and Customs Enforcement Fiscal Year 2024 Annual Report
    • HSI and ERO have instituted a collaborative operational initiative to locate unaccompanied alien children (UAC) released from the care and custody of the U.S. Department of Health and Human Services, Office of Refugee Resettlement (HHS-ORR). The UAC initiative   identifies and locates UACs to ensure immigration obligations are met, and investigate any potential indicators of forced labor, sex trafficking, or other exploitation.

    To accomplish this work, DHS coordinates with law enforcement at home and abroad to enforce and uphold our laws, protects victims with a victim-centered approach that prioritizes dignity and respect, and works to stop this heinous crime through public education and outreach.

    Enforcing Our Laws

    DHS works with domestic and international partners to enforce and uphold the laws that protect children from abuse. The Department works collaboratively with  Department of Justice prosecutors, the Federal Bureau of Investigation (FBI), U.S Marshals, INTERPOL, Europol, and other international law enforcement partners to arrest and prosecute perpetrators.

    • DHS increased U.S. government and law enforcement efforts to combat financial sextortion, a crime targeting children and teens by coercing them into sending explicit images online and extorting them for money. From FY22 to FY24, HSI received more than 4,900 CyberTipline reports related to sextortion predators from Côte dʼIvoire. From these reports, 652 children have been identified and supported by HSI. In an effort to combat this crime, HSI sent special agents to Côte d’Ivoire to provide online CSEA training to local law enforcement and supported local law enforcement efforts in locating and apprehending offenders residing there.
    • The CCHT works alongside the National Center for Missing and Exploited Children (NCMEC) to identify and pursue the recovery of underage victims of sex trafficking. The CCHT emphasizes victim identification operations which allows HSI field offices to rescue these children while implementing a victim centered approach. The CCHT supports HSI field operations throughout the investigation and prosecution of these traffickers and their networks.
    • DHS partnered with 61 regional Internet Crimes Against Children Task Forces to investigate people involved in the online victimization of children, including those who produce, receive, distribute and/or possess child sexual abuse material, or who engage in online sexual enticement of children.
    • DHS researched and developed modern tools and technologies that equip domestic and international law enforcement partners with advanced forensic capabilities to accomplish their mission to identify victims and apprehend child sexual abusers.
      • The Science and Technology Directorate developed StreamView, a digital forensics and data analytics tool designed to assist law enforcement in effectively addressing child exploitation cases. By aggregating, organizing, and analyzing investigative leads, StreamView enables investigators to determine crime locations, identify victims, and bring perpetrators to justice more efficiently. Since May 2023, StreamView has identified and rescued over 133 child and adult victims, dismantled more than 29 criminal networks, generated over 600 leads and referrals, and arrested of over 120 criminal actors. The platform has also contributed to 10 convictions and 8 life sentences, significantly improving Child Sexual Abuse Material (CSAM) investigations.
    • The U.S. Secret Service provides forensic, technical, and investigative assistance to NCMEC and state/local/tribal law enforcement in cases involving missing and exploited children. Support includes polygraph examinations, age progression/regression, composite sketches, audio/image/video enhancement, speaker identification/recognition, questioned document analysis, fingerprint development and examination, geospatial information mapping system, digital forensics.
    • U.S. Customs and Border Protection screens all undocumented unaccompanied children and other arriving minors for indicators of abuse or exploitation, human trafficking, extraterritorial sexual exploitation of children, sexual predators involved in crimes of exploitation, and all suspected criminal cases are referred to HSI.
    • Transportation Security Administration (INV) Special Agent Polygraph Examiners provide their expertise to advance investigative and prosecutorial efforts in support of child sexual exploitation investigations. INV developed evidence of child sexual exploitation and/or abuse in 15 criminal specific and pre-employment examinations. INV Special Agent Polygraph Examiners, assigned to its Special Operations Division, conduct examinations on behalf of INV, HSI, the Internet Crimes Against Children Task Force, federal and local law enforcement agencies. In a case involving a child victim, an INV Special Agent Polygraph Examiner administered a specific issue polygraph examination, which resulted in the arrest of an individual attempting to solicit a child and identified six other victims ranging in age from 5-16 years of age.

    Protecting and Supporting Victims

    • The Angel Watch Center (AWC) within DHS C3 proactively identifies U.S. persons traveling abroad who have been convicted of sexual crimes against children. By using travel related information and publicly available state sex offender registries, the AWC notifies destination countries of these individuals’ pending arrivals to help prevent potential child sex tourism and other forms of exploitation. The HSI AWC sent over 4,800 travel notifications to foreign governments on convicted, registered U.S. child sex offenders, leading to over 900 denials of entry. These efforts build international cooperation to ensure all countries are safe from sexual predators.
    • In July 2023, HSI launched the first U.S.-based international victim identification surge, “Operation Renewed Hope (ORH).” To date, there have been three yearly operations: ORHI, ORHII, and ORHIII, to identify and rescue child victims of online exploitation. In these operations, HSI and its domestic and international partners work on child sexual abuse material contained in HSI holdings, teams expertly comb through and analyze unidentified series of child sexual abuse material to identify children and offenders and create lead packages for appropriate investigative partners in furtherance of associated law enforcement actions.
      • In the Spring of 2025, HSI conducted ORHIII, which resulted in 386 probable identifications and 56 victims who have been identified and rescued. Once victims of child exploitation are identified and/or rescued, the HSI Victim Assistance Program (VAP) supports them and their non-offending caretaker(s) by using highly trained forensic interview specialists to conduct victim-centered and trauma-informed forensic interviews. In addition, VAP’s victim assistance specialists provide resources to victims such as crisis intervention, referrals for short and long term medical and/or mental health care and contact information for local social service programs and agencies to assist in the healing process.
    • HSI provides short-term immigration protections to human trafficking victims, including victims of child sex trafficking. U.S. Citizenship and Immigration Services (USCIS) grants immigration benefits to eligible child victims of human trafficking, abuse, and other crimes, including T nonimmigrant status, U nonimmigrant status, and immigrant classification under the Violence Against Women Act (VAWA).

    Educating and Increasing Public Awareness

    • The Know2Protect® campaign has garnered over 518 million impressions across various media platforms, in large part due to donated advertising from signed partners and other partner activations. The top visited pages on Know2Protect.gov are Take Action, How2Report, and Know the Threats.
    • Project iGuardian is the official in-person educational program of the Know2Protect campaign. Led by HSI, Project iGuardian offers in-person presentations designed to inform children, teens, parents, and trusted adults on the threat of online CSEA, how to implement preventive strategies, and report suspected abuse to law enforcement.
      • Since the start of FY24, more than 400 special agents have been trained to give Project iGuardian presentations.
      • In FY24, HSI gave more than 1,100 presentations to more than 122,000 children, teens, parents, and teachers domestically and internationally. These presentations yielded more than 75 victim disclosures and 77 investigative leads for online CSEA.
      • So far in FY 25, HSI has given more than 760 iGuardian presentations to over 69,000 children and adults, which have yielded more than 41 victim disclosures and 13 investigative leads.
    • In April 2024, the Blue Campaign announced a partnership with rideshare company Lyft to train their drivers, who interact with millions of riders per year, on how to recognize indicators of human trafficking among their passengers, and how to report it.  From July to September 2024, Blue Campaign collaborated with NCMEC to promote human trafficking awareness across various social media platforms, targeting both minors and those who work with minors. The campaign garnered more than 2 million impressions on Twitch, 14 million on Facebook, 3million on Snapchat, and 4 million through display ads.
    • The Federal Law Enforcement Training Centers (FLETC) covers child sexual exploitation and abuse awareness in its Human Trafficking lesson plan. In FY2024, FLETC trained nearly 4,400 individuals in human trafficking awareness.
    • USSS Childhood Smart Program Ambassadors educated more than 112,000 children, parents, and teachers across 31 states and the District of Columbia about how to prevent online child sexual exploitation and child abduction. The Childhood Smart Program provides age-appropriate presentations to children as young as five as well as to adults. Presentations focus on internet and personal safety as well as other topics such as social media etiquette and cyber bullying.
    • The HSI Human Rights Violators and War Crimes Center trained more than 800 individuals across the interagency on female genital mutilation or cutting, a severe form of child abuse and a crime under federal law when done to individuals under the age of 18.
    • The Blue Campaign Blue Lightning Initiative, part of the DHS Center for Countering Human Trafficking, trained more than 260,000 aviation personnel to identify potential traffickers and victims of forced labor and sex trafficking, to include child sex trafficking, and report their suspicions to law enforcement in FY 2023. The Initiative added 31 new partners this past year, raising its total partners to 136 aviation industry organizations, including its first two official international partners.
    • The Cybersecurity and Infrastructure Security Agency administers SchoolSafety.gov, an interagency website that includes information, guidance and resources on a range of school safety topics. SchoolSafety.gov includes a child exploitation section that houses more than 60 resources to help school communities identify, prevent and respond to child exploitation. Since its launch in January 2023, child exploitation section has been viewed more than 35,600 times.

    What You Can Do and Resources Available

    • Visit  www.Know2Protect.gov to access free resources to understand the threats of online CSEA and learn preventative strategies to stop future victimization.
    • Request an educational presentation tailored for school children and trusted adults:
    • Visit SchoolSafety.gov for resources to help educators, school leaders, parents, and school personnel identify, prevent, and respond to child exploitation.
    • Learn more from the National Center for Missing and Exploited Children.Visit https://www.dhs.gov/blue-campaign for resources about how to prevent, identify and report human trafficking.  
    • How to report suspected online child sexual exploitation and abuse in the United States:
    • Contact your local, state, campus, or tribal law enforcement officials directly. Call 911 in an emergency.
    • If you suspect a child has been abducted or faces imminent danger, contact your local police and the NCMEC tip line at 1-800-THE-LOST (1-800-843-5678).
    • If you suspect a child might be a victim of online child sexual exploitation, call the HSI Tip Line at 1-866-347-2423 and report it to NCMEC’s CyberTipline.

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    MIL Security OSI –

  • MIL-OSI Security: Illegal Immigrant Sentenced to Five Years in Federal Prison After Intercepting and Selling 1.8 Kilograms of Meth from Mexican Supplier

    Source: Office of United States Attorneys

    INDIANAPOLIS— Belarmino Sierra-Mata, 47, of Indianapolis, has been sentenced to five years in federal prison, followed by three years of supervised release after pleading guilty to attempted possession with intent to distribute 500 grams of more of methamphetamine and reentry of a removed alien. 

    According to the indictment, on March 18, 2024, after receiving a text message from his girlfriend alerting him to a package’s arrival at her Indianapolis home, Sierra-Mata drove there to retrieve it. The package was shipped from California and contained approximately 1.8 kilograms of pure methamphetamine. After picking it up, Sierra-Mata sold the entire package to another individual in exchange for $300.

    During an interview with law enforcement agents following his arrest, Sierra-Mata stated that his source of supply was an individual in Mexico and that this was his second time accepting a package containing controlled substances for payment.

    Additionally, further investigation determined that Sierra-Mata is an illegal alien unlawfully present in the United States. Specifically, Sierra-Mata was formally removed from the United States on January 11, 2019, and knowingly reentered the country without obtaining proper documentation.

    Homeland Security Investigations and Indiana State Police investigated this case. The sentence was imposed by U.S. District Judge Sarah Evans Barker.

    “Criminal aliens that habitually cross into our country illegally and endanger our communities must face consequences,” said John E. Childress, Acting United States Attorney for the Southern District of Indiana. “We will continue to work with our federal, state, and local law enforcement partners to ensure these drugs never make it to the streets and these criminals are prosecuted to the fullest extent of the law.”

    Acting U.S. Attorney Childress thanked Assistant U.S. Attorney Cristina Caraballo-Colon and former AUSA Jordan Oliver, who prosecuted this case.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and 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 (OCDETF) and Project Safe Neighborhoods (PSN)

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    MIL Security OSI –

  • MIL-OSI USA: Barr, Deepfakes and the AI Arms Race in Bank Cybersecurity

    Source: US State of New York Federal Reserve

    Thank you for the opportunity to speak to you today about artificial intelligence (AI) and cybersecurity.1 In the past, a skilled forger could pass a bad check by replicating a person’s signature. Now, advances in AI can do much more damage by replicating a person’s entire identity. This technology—known as deepfakes—has the potential to supercharge identity fraud. I’ve recently spoken about the importance of recognizing both the benefits and the risks of generative AI (Gen AI).2 Today, I’d like to focus more on the darker side of the technology—specifically how Gen AI has the potential to enable deepfake technology, and what we should be doing now to defend against this risk in finance.
    Escalating Threat of Gen-AI Facilitated CybercrimeCybercrime is on the rise, and cybercriminals are increasingly turning to Gen AI to facilitate their crimes. Criminal tactics are becoming more sophisticated and available to a broader range of criminals. Estimates of direct and indirect costs of cyber incidents range from 1 to 10 percent of global GDP.3 Deepfake attacks have seen a twentyfold increase over the last three years.4
    Cybercrime with deepfakes involves the same cat and mouse game common to sophisticated criminal activity. Both cybercriminals and financial institutions are constantly trying to outdo each other. Criminals develop new attack methods, and companies respond with better defenses. Here, the same technological innovations that enable the bad actors can also help those fighting cybercrime. However, there is an asymmetry—the fraudsters can cast a wide net of approaches and target a wide number of victims, and they only need a small number to be successful. Their marginal cost is generally low, and individual failures matter little. Conversely, companies must undergo a rigorous review and testing process to mount effective cyber defenses and will thus be slower in developing their defenses. A single failure is very costly. As we consider this issue from a policy perspective, we need to take steps to make attacks less likely by raising the cost of the attack to the cybercriminals and lowering the costs of defense to financial institutions and law enforcement.
    Anatomy of a DeepfakeDeepfake attacks are those in which an attacker uses Gen AI to create a doppelganger with a person’s voice or image and uses this doppelganger to interact with individuals or institutions to commit fraud. Deepfake technology is a particularly pernicious vehicle for cybercrime.5 The process begins with voice synthesis, where Gen AI models can synthesize the speech of their victim not only in words, but also in phrase patterns, tone, and inflection. With just a short sample audio, for example, criminals assisted by Gen AI can impersonate a close relative in a crisis situation or a high-value bank client, seeking to complete a transaction at their bank.6
    Criminals can also use Gen AI-generated videos to create believable depictions of individuals. For videos, Generative Adversarial Networks (GANs) are the core technology behind most deepfake systems.7 GANs consist of two competing models, the generator and the discriminator, which compete with and improve each other. This competition results in increasingly realistic, indistinguishable fake images and videos.8
    Deepfake technology can also be augmented by other AI tools; for instance, criminals can use AI to extract and organize extensive multimodal personal data to facilitate identity verification. Attackers can also turn to “dark web” tools, such as jailbroken versions of popular large language models, where the guardrails have been removed, to learn the deepfake trade and improve their attacks.9
    Deepfakes in ActionI expect that many of you can recall examples of how deepfakes of politicians and prominent business executives have fooled the public and spread disinformation. Deepfakes are also being used to commit payment fraud. In one case in 2024, a sophisticated deepfake of the chief financial officer for British engineering and architectural firm Arup was reportedly deployed in a video meeting and convinced an Arup financial employee to transfer $25 million to thieves.10
    In another case, an attacker attempted to undertake a highly convincing audio deepfake of the chief executive of Ferrari, down to mimicking his southern Italian accent.11 The recipient of the attack—another Ferrari executive—tested the caller with a personal question only the chief executive would know, which thankfully exposed the fraud.
    And these institutions and individuals are not alone—a 2024 survey finds that over 10 percent of companies reported experiencing deepfake fraud attempts, and few steps have been taken to mitigate the risks.12
    Particularly since COVID, we conduct much of our professional and personal lives over video. When we see realistic and interactive video images of a loved one in trouble, we are disposed to trust them and do what we can to help. Identity verification standards at banks often use voice detection, which may become vulnerable to Gen AI tools. If this technology becomes cheaper and more broadly available to criminals—and fraud detection technology does not keep pace—we are all vulnerable to a deepfake attack. These attacks can have significant financial costs to the victims of the crime and can also pose costs to society, eroding trust in communications and in institutions.
    Defending Against DeepfakesSo what should we do? As I mentioned above, we should take steps to lessen the impact of attacks by making successful breaches less likely, while making each attack more resource-intensive for the attacker.
    Let me start with ways to make successful breaches less likely. A key step is to recognize the importance of strong, resilient financial institutions in preventing attacks. Banks are frontline defenders against deepfake-enabled fraud due to their direct involvement with financial transactions and customer data. To verify payors, banks maintain identity verification processes, including multi-factor authentication and account monitoring practices. To the extent deepfakes increase, bank identity verification processes should evolve in kind to include AI-powered advances such as facial recognition, voice analysis, and behavioral biometrics to detect potential deepfakes. Other techniques focus on assessing the probability that AI has been used in audio or video based on underlying metadata and then flagging the identity or transaction for further review using other verification. These technical solutions can detect subtle inconsistencies in video and audio that human observers may miss.
    Banks have two points of control over the transaction—confirming not only the sender’s identity, but also the legitimacy of the recipient address. They can scrutinize the recipients of large or unusual transactions, employing advanced analytics to flag suspicious patterns that could indicate fraudulent activities, and perform additional reviews before authorizing a payment to a recipient that raises flags. Banks also invest in their human controls by maintaining up-to-date training for staff on the emerging risks and incorporating the necessary security measures to mitigate the damages from breaches when they occur. And they are engaging with other financial institutions to help define the threat and identify appropriate controls and mitigants.13
    Customers should do their part, enabling multi-factor authentication on their accounts and verifying unusual requests through a separate channel, even if the person making the request seems genuine. They should seek out education for themselves and their loved ones to help them detect and prevent fraud before it occurs.14 And customers should value strong security practices at their financial institutions, including those which may add some friction to the user experience. The customers that may be the highest-value targets for criminals are often those with the largest digital presence, and thus most susceptible to deepfakes. They are also the customers who may prefer the most frictionless user experience, making detecting deepfakes more difficult. When it comes to protecting our money, we ought to expect and appreciate a little friction.
    Regulators can help to reinforce the importance of cyber defenses in safe and sound banking through appropriate updates to guidance and regulation. As with all rules, we should be mindful of the impacts on smaller institutions and help ensure that rules are right-sized for the risk. In addition, we can work with core providers to understand the extent to which they are incorporating AI advancements in their products and services to help smaller banks defend against deepfakes and other emerging risks from the technology. Last, we can also highlight research and development for cybersecurity startups and research into tools to combat deepfakes and Gen AI-based fraud.
    Regulators should consider how we could leverage AI technologies ourselves, including to enhance our ability to monitor and detect patterns of fraudulent activity at regulated institutions in real time. This could help provide early warnings to affected institutions and broader industry participants, as well as to protect our own systems.
    In addition to preventing attacks, we should also explore ways of making attacks more costly. These may include coordination with domestic and global law enforcement, internationally consistent laws against cybercrime, and continued improvement on sharing threat intelligence and insights in real-time. The official sector and banks should continue efforts to improve fraud data sharing within the financial sector and help institutions respond more quickly to emerging Gen AI-driven threats. This will make it far harder for fraudsters to operate undetected, increasing the complexity and cost of their activities. But the sharing is only as good as the data, and banks must do their part. We should help ensure that banks and other regulated institutions meet their duties to report cyber incidents in a timely way, and regulators should too.15
    Another way to disrupt the economics of cybercrime is by increasing penalties for attempting to use Gen AI to commit fraud and increasing investment in cybercrime enforcement. This includes targeting the upstream organizations that benefit from illegal action and strengthening anti-money-laundering laws to disrupt illicit fund flows and freeze assets related to cybercrime. The fear of severe legal consequences could help to deter bad actors from pursuing AI-driven fraud schemes in the first place.
    ConclusionDeepfakes are only one of many new techniques to facilitate cyberattacks, but they feel particularly salient because they are so personal. And they are on the rise.
    We will need financial institutions to adapt, collaborate, and innovate in the face of these emerging threats.
    Thank you.

    1. The views expressed here are my own and are not necessarily those of my colleagues on the Federal Reserve Board or the Federal Open Market Committee. Return to text
    2. Michael S. Barr, “Artificial Intelligence: Hypothetical Scenarios for the Future” (speech at the Council on Foreign Relations, New York, NY, February 18, 2025); Michael S. Barr, “AI, Fintechs, and Banks” (speech at the Federal Reserve Bank of San Francisco, San Francisco, CA, April 4, 2025). Return to text
    3. International Monetary Fund, Global Financial Stability Report, chapter 3 (October 2024), See also, World Economic Forum, Why We Need Global Rules to Crack Down on Cybercrime (January 2023). Return to text
    4. “Fraud attempts with deepfakes have increased by 2137% over the last three years,” Signicat, February 20, 2025, https://www.signicat.com/press-releases/fraud-attempts-with-deepfakes-have-increased-by-2137-over-the-last-three-year#:~:text=Evolving20AI2Dbased20techniques20pose,AI2DDriven20Identity20Fraud20report. Return to text
    5. Federal Bureau of Investigation, “Criminals Use Generative Artificial Intelligence to Facilitate Financial Fraud,” public service announcement, December 3, 2024. Return to text
    6. See note 5. Return to text
    7. Tianxiang Shen, Ruixian Liu, Ju Bai, and Zheng Li, “Deep Fakes” Using Generative Adversarial Networks (GAN) (PDF). McAfee, Beware the Artificial Impostor (May 2023), https://www.mcafee.com/content/dam/consumer/en-us/resources/cybersecurity/artificial-intelligence/rp-beware-the-artificial-impostor-report.pdf. Return to text
    8. “What is a GAN?” AWS, https://aws.amazon.com/what-is/gan/#:~:text=A20generative20adversarial20network20(GAN,from20a20database20of20songs. Return to text
    9. KELA, The State of Cybercrime 2025 Report (February 2025), https://www.kelacyber.com/resources/research/state-of-cybercrime-2025/. Return to text
    10. Kathleen Magramo, “British Engineering Giant Arup Revealed as $25 Million Deepfake Scam Victim,” CNN Business, May 17, 2024, https://www.cnn.com/2024/05/16/tech/arup-deepfake-scam-loss-hong-kong-intl-hnk/index.html. Return to text
    11. Sandra Galletti and Massimo Pani, “How Ferrari Hit the Brakes on a Deepfake CEO,” MIT Sloan Management Review, January 27, 2025. Return to text
    12. Chad Brooks, “1 in 10 Executives Say Their Companies Have Already Faced Deepfake Threats,” business.com, June 28, 2024, https://www.business.com/articles/deepfake-threats-study/. Return to text
    13. See, for instance, FS-ISAC’s report on deepfake threats and risk management at https://www.fsisac.com/hubfs/Knowledge/AI/DeepfakesInTheFinancialSector-UnderstandingTheThreatsManagingTheRisks.pdf. Return to text
    14. There are a variety of public and private resources that can help. See, for example, the National Security Agency/Central Security Service at https://www.nsa.gov/Press-Room/Press-Releases-Statements/Press-Release-View/Article/3523329/nsa-us-federal-agencies-advise-on-deepfake-threats/; and the National Cybersecurity Alliance at https://www.staysafeonline.org/articles/why-your-family-and-coworkers-need-a-safe-word-in-the-age-of-ai. Return to text
    15. “Computer-Security Incident Notification Requirements for Banking Organizations and Their Bank Service Providers,” 86 Fed. Reg. 66,424 (November 23, 2021). Return to text

    MIL OSI USA News –