NewzIntel.com

Category: Finance

  • MIL-OSI Security: Honduran National Sentenced for Failure to Depart the United States and Hindering Removal from the United States

    Source: Office of United States Attorneys

    HARRISBURG – The United States Attorney’s Office for the Middle District of Pennsylvania announced that Noel Chinchilla-Avilez, age 26, was sentenced to 54 days in prison by Senior United States District Judge Malachy E. Mannion for failure to depart the United States after an order of removal and hindering removal from the United States.

    According to Acting United States Attorney John C. Gurganus, Chinchilla-Avilez was ordered removed from the United States in 2023, but he did not depart within the required 90 days. When Homeland Security and Immigration and Customs Enforcement detained Chinchilla-Avilez for removal in February 2025, he slipped out of his handcuffs and attempted to escape.

    This matter was investigated by Homeland Security Investigations and U.S. Immigration and Customs Enforcement and Removal Operations. Assistant United States Attorney Michael Scalera prosecuted the case.

    This case is part of Operation Take Back America (https://www.justice.gov/dag/media/1393746/dl?inline) 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).

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    MIL Security OSI –

  • MIL-OSI Security: Owasso Man Sentenced for Attempted Coercion and Enticement of a Minor

    Source: Office of United States Attorneys

    TULSA, Okla. – Today, U.S. District Judge Gregory K. Frizzell sentenced Kyle Jackson Fugate, 28, for Attempted Coercion and Enticement of a Minor. Judge Frizzell sentenced Fugate to 121 months imprisonment, followed by 10 years of supervised release. Upon release, Fugate will be required to register as a sex offender.

    In March 2024, an undercover deputy with the Rogers County Sheriff’s Office was posing as a 15-year-old online. Fugate told the undercover deputy that he smoked methamphetamine and sent sexually explicit photos of himself. Fugate then requested sexually explicit images in return. Fugate made plans to meet the undercover deputy, believing he was going to meet with a 15-year-old and engage in sexual acts. When Fugate arrived at the meeting place, he was taken into custody.   

    During the investigation, law enforcement discovered that Fugate had been messaging a minor victim through social media a month earlier. Fugate convinced the minor victim to send sexually explicit photos, and the minor victim complied.   

    Previously released on bond, Fugate was taken into custody following his guilty plea in June 2024. He will remain in custody, pending transfer to the U.S. Bureau of Prisons.

    Assistant U.S. Attorney Stacey Todd prosecuted the case. Homeland Security Investigations and the Rogers County Sheriff’s Office investigated it as part of Operation Clean Sweep II. This operation partnered with the Tornado Alley Child Exploitation and Trafficking Task Force, which aims to hold child predators accountable throughout the Northern District of Oklahoma. 

    This case was brought as part of Project Safe Childhood, a nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse launched in May 2006 by the Department of Justice. Led by U.S. Attorneys’ Offices and CEOS, Project Safe Childhood marshals federal, state, and local resources to better locate, apprehend and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit Justice.gov/PSC.

    MIL Security OSI –

  • MIL-OSI Asia-Pac: India poised to become a trusted bridge of global connectivity through India-Middle East-Europe Economic Corridor (IMEC): Shri Piyush Goyal

    Source: Government of India

     India poised to become a trusted bridge of global connectivity through India-Middle East-Europe Economic Corridor (IMEC): Shri Piyush Goyal

    IMEC to reduce logistics costs by up to 30% and transportation time by 40%, boosting global trade: Shri Goyal

    Union Minister of Commerce and Industry Piyush Goyal addresses High-Level Roundtable on IMEC

    Posted On: 16 APR 2025 10:52PM by PIB Delhi

    Union Minister of Commerce and Industry, Shri Piyush Goyal addressed the India-Middle East-Europe Economic Corridor (IMEC) High-Level Roundtable on Connectivity and Economic Growth in New Delhi today.

    Shri Goyal said that the IMEC is a powerful endorsement of the leadership and partnership of India and Middle East and East Europe a very forward and visionary concept that has caught the fancy of the world, he noted.

    The Minister stated that IMEC is not merely a trade route, but a modern-day Silk Route — a partnership of equals — that fosters synergy, connectivity, and inclusive prosperity. “It will bring down logistics costs by up to 30%, reduce transportation time by 40%, and create seamless trade linkages across continents,” he said. “We will not only be linking trade; we will be linking civilizations and cultures — from Southeast Asia to the Gulf, from the Middle East to Central Europe.”

    Highlighting its potential reach, Shri Goyal added that IMEC could even enhance connectivity to Africa through the Middle East. The corridor would include railways, roadways, energy pipelines, and clean energy infrastructure, including undersea cables. “India is already in discussions with Singapore on clean energy transmission. We are also engaged in dialogue with Saudi Arabia and the UAE,” he shared.

    Shri Goyal underscored the corridor’s emphasis on sustainability and digital connectivity. “This initiative respects sovereignty and territorial integrity. It is not about dominance or creating economic unions. It is a partnership built on mutual trust, inclusivity and sustainability,” he said.

    He further outlined five key suggestions as a way forward for the IMEC initiative. First, Shri Goyal stressed the importance of viewing IMEC through the lens of a Public-Private Partnership (PPP). He emphasized that leaving the initiative solely to the government would limit its efficiency and financial viability. Instead, he called for a collaborative model where the private sector leads, bringing to the table its real-world expertise, needs, and innovative capabilities. This approach, he noted, would ensure smarter and more cost-effective planning, as the private sector can propose solutions that reflect practical utility. It would also allow policymakers to think systematically while the private sector introduces flexibility and innovation, ensuring the corridor remains viable, efficient, and sustainable in its execution.

    Second, he highlighted the need to focus on Regulatory Connectivity, going beyond just physical infrastructure. Shri Goyal advocated for greater alignment in trade processes, customs procedures, and paperwork among participating nations. He cited India’s ongoing regulatory collaboration with the UAE as an example and pointed out that successful implementation of the corridor would require seamless cross-border movement without excessive checkpoints. Interoperable systems, digitization, electric vehicle charging ecosystems, and synchronized regulations would be key to unlocking economies of scale. He suggested that common digital payment systems, such as India’s Unified Payments Interface (UPI), could serve as a model for enabling seamless financial transactions. With periodic settlement in globally accepted reserve currencies, such mechanisms could reduce transactional friction and banking costs. He proposed that such innovations, combined with virtual trade corridor frameworks like the India-UAE initiative, could be extended through IMEC. These would support broader agreements such as FTAs with GCC and EU countries and bolster joint work in green hydrogen, renewable energy, and supply chain resilience.

    Third, Shri Goyal underlined the need for Innovative Financing Models to support both the development of the corridor and the trade it will generate. He called for active involvement of multilateral financial agencies and suggested exploring instruments like green bonds and the creation of long-term “IMEC Bonds”, to fund this transcontinental infrastructure in a sustainable and future-proof manner.

    Fourth, he recommended active engagement with industry bodies and trade associations, asserting that their insights are essential for designing a corridor that aligns with the real needs of businesses. Such collaboration would help identify existing bottlenecks, promote best practices, and better integrate economies by removing trade frictions.

    Lastly, Shri Goyal proposed bringing in Think Tanks and Academia to the visioning and design process. These institutions, he noted, bring creativity, research strength, and long-term thinking. Their involvement would support policy advocacy, contribute to out-of-the-box solutions, and assist in capacity-building efforts along the corridor. He called this a well-rounded package of five initiatives that could help IMEC evolve into a robust, viable, and inclusive project. Reiterating India’s clear and committed vision, he said the country is ready to act as a trusted, reliable bridge connecting regions and catalyzing global cooperation, under the guiding spirit of Vasudhaiva Kutumbakam — the world is one family.

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    Abhishek Dayal/ Nihi Sharma/ Ishita Biswas

    (Release ID: 2122299) Visitor Counter : 52

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: WAVEX 2025 broadens Eligibility, extends Application Deadline to April 21

    Source: Government of India

    WAVEX 2025 broadens Eligibility, extends Application Deadline to April 21

    Flagship media-tech startup event opens doors to older ventures and draws nationwide interest

    Posted On: 16 APR 2025 5:47PM by PIB Mumbai

    Mumbai, 16 April 2025

     

    The Ministry of Information & Broadcasting (MIB), in collaboration with the Internet and Mobile Association of India (IAMAI), has announced two major updates for WAVEX 2025, India’s premier platform for startups in the media and entertainment technology space. In a bid to foster wider participation and amplify innovation, the eligibility criteria have been expanded, and the application deadline has been extended.

    Startups incorporated from 2016 onwards are now eligible to apply for WAVEX 2025. This marks a significant shift from the earlier criteria, which restricted entry to startups founded in 2020 or later. The move is expected to attract a broader pool of participants, particularly those with a track record of resilience, growth, and impact in the media-tech sector.

    In response to strong interest and requests from entrepreneurs across the country, the application deadline has also been pushed to April 21, 2025. The extension gives aspiring media-tech innovators additional time to submit their proposals and secure a chance to feature on a national stage.

    WAVEX 2025 Investment pitches will take place on May 2nd and May 3rd at the Jio World Convention Centre in Mumbai during the Waves 2025 summit. A flagship segment of the World Audio-Visual Entertainment Summit (WAVES), WAVEX is positioned as a high-stakes launchpad for startups working in areas such as gaming, animation, XR, metaverse, generative AI, and content technologies.

    Selected startups will participate in closed room pitching sessions and gain visibility among top venture capital firms and high-profile angel investors. They will also benefit from mentorship by leading industry experts, exposure to global stakeholders, and opportunities to collaborate with prominent technology and media companies.

    WAVEX 2025 is designed not merely as a showcase of emerging ideas, but as a strategic platform to accelerate how content is created, delivered, and monetized in the digital era.

    Applications can be submitted through the official WAVEX portal at https://wavex.wavesbazaar.com.

     

    About WAVES

    The first World Audio Visual & Entertainment Summit (WAVES), a milestone event for the Media & Entertainment (M&E) sector, will be hosted by the Government of India in Mumbai, Maharashtra, from May 1 to 4, 2025.

    Whether you’re an industry professional, investor, creator, or innovator, the Summit offers the ultimate global platform to connect, collaborate, innovate and contribute to the M&E landscape.

    WAVES is set to magnify India’s creative strength, amplifying its position as a hub for content creation, intellectual property, and technological innovation. Industries and sectors in focus include Broadcasting, Print Media, Television, Radio, Films, Animation, Visual Effects, Gaming, Comics, Sound and Music, Advertising, Digital Media, Social Media Platforms, Generative AI, Augmented Reality (AR), Virtual Reality (VR), and Extended Reality (XR).

    Have questions? Find answers here  

    Stay updated with the latest announcements from PIB Team WAVES

    Come, Sail with us! Register for WAVES now

     

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    PIB TEAM WAVES 2025 | Edgar/ Darshana | 95

     

    Follow us on social media: @PIBMumbai    /PIBMumbai     /pibmumbai   pibmumbai[at]gmail[dot]com  /PIBMumbai     /pibmumbai

    (Release ID: 2122174) Visitor Counter : 25

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: ICE, law enforcement partners arrest more than 200 alien offenders during enhanced immigration enforcement operation in New York

    Source: US Immigration and Customs Enforcement

    NEW YORK — U.S. Immigration and Customs Enforcement and law enforcement partners apprehended 206 illegal aliens during an enhanced targeted immigration enforcement operation focusing on egregious criminal alien offenders in and around New York City April 6-12.

    “New York is much safer today because of the hard work of ICE and our law enforcement partners,” said acting ICE Director Todd M. Lyons. “Working with our partner agencies, ICE officers and agents arrested hundreds of alien offenders and removed them from the streets of New York. Throughout this enhanced enforcement operation, we targeted the most dangerous alien offenders in some of the most crime-infested neighborhoods in and around the city of New York. Our efforts resulted in 206 arrests in just one week. I commend the efforts of everyone involved, as all were truly committed to the success of this operation. ICE remains dedicated to our mission to prioritize public safety by arresting and removing illegal alien offenders from communities throughout this great nation.”

    During the week-long enhanced operation, ICE Enforcement and Removal Operations, ICE Homeland Security Investigations and their law enforcement partners from the Federal Bureau of Investigations; Bureau of Alcohol, Tobacco, Firearms and Explosives; U.S. Drug Enforcement Administration; U.S. Marshals Service; U.S. State Department Diplomatic Security Service and the U.S. Attorney’s Offices from the Eastern and Southern Districts of New York targeted egregious criminal alien offenders including transnational criminal organizations known to operate in and around New York. These organizations include the notorious MS-13, Tren de Aragua, Sureños and 18th Street gangs.

    “The success of this enhanced operation highlights the resolve of ICE and our federal partners in keeping our country safe from violent criminal aliens,” said ICE Enforcement and Removal Operations New York City Acting Field Office Director Judith Almodovar. “The majority of the aliens arrested have egregious criminal histories to include manslaughter, rape, assault, drug trafficking and sex assault against minors. I am exceptionally grateful for the professionalism and dedication of our ICE New York City officers and special agents as well as the unwavering support from our partners in the FBI, DEA, ATF, USMS, DSS and the USAOs of both SDNY and EDNY during this week-long operation to remove dangerous alien offenders from our New York City communities.”

    ICE and their federal partners concentrated their efforts in and around the New York City area, but operations extended throughout Long Island and the Lower Hudson Valley region of New York.

    121 of the 206 apprehended had significant criminal convictions or are currently facing charges or for crimes such as murder, assault, arson, sex crimes, drug crimes and firearms crimes. One is a foreign fugitive wanted for crimes in his home country, and one has a conviction of homicide in the Philippines.

    ICE and their law enforcement partners made many of the apprehensions after local jurisdictions refused to honor immigration detainers and released the alien offenders back into their communities.

    Among those arrested during the enhanced targeted operation include:

    • Camilo Cesar Gonzales-Encalada, 23, an illegally present Spanish national and member of the Sureños gang whose criminal history includes convictions for assault, criminal possession of a loaded firearm and criminal possession of a controlled substance. Officers with ICE New York arrested Gonzales April 6.

    • Alexander Steven Jimbo-Perez, 25, an illegally present Ecuadoran national whose criminal history includes arrests assault with intent to cause physical injury, act in a manner to injure a child less than 17, criminal possession stolen property and harassment physical contact. Officers with ICE New York arrested Jimbo April 6.

    • Derrick Alphonso Roberts, 60 an illegally present Jamaican national whose criminal history includes convictions for manslaughter with intent to cause serious physical injury, criminal possession of controlled substance, criminal solicitation, corruption of minors, possessing an instrument of crime, terrorist threats, criminal conspiracy, cocaine possession with intent to distribute, carrying a firearm during and in relation to a drug trafficking crime, possession of a firearm by a convicted felon and possession of a firearm with an obliterated serial number. Officers with ICE New York City arrested Roberts April 7.

    • Luis Olmedo Quishpi-Poalasin, 35, an illegally present Ecuadoran national whose criminal history includes a conviction for rape: forcible compulsion, sexual abuse: contact by forcible compulsion, rape: anal sexual contact with a person incapable of consent, unlawful imprisonment, forcible touching – touch sexual/intimate parts of another person, sexual misconduct: engage in vaginal sexual contact without consent and sexual abuse: subject another person to sex contact without consent. Quishpi also has arrests for witness tampering: prevent testimony – fear of injury, criminal contempt: violate order protection – communicating with person, aggravated harassment – communicating threat by phone/computer/mail, unlawful imprisonment and various traffic charges including driving while intoxicated and leaving the scene of property damage accident. Officers with ICE New York City arrested Quishpi April 7.

    • Edimar Alejandra Colmenares Mendoza, 22, an illegally present Venezuelan national and member of the notorious Tren de Aragua gang whose criminal history includes charges for conspiracy, larceny and possession of stolen property. Officers with ICE New York City arrested Colmenares April 8, 2025.

    • Marcos Tul-Guallpa, 39, an illegally present Guatemalan national whose criminal history includes an arrest for sexual abuse: subject another person to sex without consent and a conviction for acting in a manner to injure a child less than 17 years old. Officers with ICE New York City arrested Tul April 9.

    • Modesto Arias-Soto, 35, an illegally present Dominican national whose criminal history includes a conviction for conspiracy to distribute narcotics and an arrest for tampering with public records. Officers with ICE New York City arrested Arias April 9.

    • Jhonny Morocho-Veletanga, 32, an illegally present Ecuadoran national whose criminal history includes convictions for assault: causing injury to a non-participant during the commission of a felony and disorderly conduct: fight/violent behavior. ICE New York City arrested Morocho April 10.

    • Will Alexander Ordonez, 48, an illegally present Honduran national whose criminal history includes convictions for arson, criminal possession of controlled substance, criminal possession of stolen property, unlawful use of controlled substance, driving while intoxicated and false impersonation. Ordonez has numerous additional charges for criminal possession of controlled substance. Officers with ICE New York City arrested Ordonez April 11.

    • Jaime Gustavo Quizpi-Romero, 51, an illegally present Ecuadoran national whose criminal history includes arrests for assault: intent to cause physical injury with weapon/instrument and strangulation: obstruct breath/blood circulation causing serious injury. ICE New York City arrested Quizpi April 11.

    • Adnan Paulino-Flores, 58, an illegally present Mexican national whose criminal history includes arrests for sexual abuse: person incapable of consent – physically helpless, Sexual Abuse-3rd Degree: Subject Another Person to Sex Contact Without Consent, and Forcible Touching – Touch Sexual/Intimate Parts of Another Person, pending. Officers with ICE New York City arrested Paulino April 11.

    • Jose Felix Ortiz-Martinez, 49, an illegally present Mexican national whose criminal history includes a conviction for assault and an additional arrest for assault. Officers with ICE New York City arrested Ortiz April 12.

    Partner law enforcement participating in the operation were FBI New York; DEA New York; ATF New York; USMC New York; DSS New York and the U.S. Attorney’s Office for the Eastern and Southern Districts of New York.

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

    Learn more about ICE’s mission to increase public safety in our communities on X: @ICEgov.

    MIL OSI USA News –

  • MIL-OSI USA: SEC Announces Agenda, Panelists for Roundtable on Crypto Custody

    Source: Securities and Exchange Commission

    The Securities and Exchange Commission’s Crypto Task Force has announced the agenda and panelists for its April 25 roundtable, “Know Your Custodian: Key Considerations for Crypto Custody.”

    “It is important for the SEC to grapple with custody issues, which are some of the most challenging as we seek to integrate crypto assets into our regulatory structure,” said Commissioner Hester M. Peirce, leader of the Crypto Task Force. “We look forward to hearing from experts on these important issues.”

    The roundtable, announced in March as part of a series, will be held at the SEC’s headquarters at 100 F Street, N.E., Washington, D.C. from 1 p.m. – 5 p.m. The event will be open to the public and webcast live on the SEC’s website. Doors will open at 12 p.m.

    For online attendance, registration is not necessary; a link to watch the event will be available on April 11 on www.sec.gov. For in-person attendance, please register here.

    To learn more about the Crypto Task Force and the roundtable topics, please visit the Crypto Task Force webpage.

    Agenda

    1 p.m. –

    1:20 p.m.

    Opening Remarks from the U.S. Securities and Exchange Commission:

    • Richard Gabbert, Chief of Staff, Crypto Task Force
    • Acting Chairman Mark Uyeda
    • Commissioner Caroline Crenshaw
    • Commissioner Hester Peirce

    1:20 p.m. –

    3 p.m.

    Custody Through Broker-Dealers and Beyond

    Moderator:

    • Zach Zweihorn, Davis Polk & Wardell LLP

    Panelists:

    • Jason Allegrante, Fireblocks
    • Rachel Anderika, Anchorage Digital Bank
    • Terrence Dempsey, Fidelity Digital Asset Services, LLC
    • Mike Didiuk, Schulte Roth & Zabel, LLP
    • Mark Greenberg, Kraken
    • Veronica McGregor, Exodus Movement, Inc.
    • Brandon Russell, Etana Custody Inc.
    • Tammy Weinrib, Copper Technologies Ltd.

    3 p.m. –

    3:30 p.m.

    Break

    3:30 –

    5 p.m.

    Investment Adviser and Investment Company Custody

    Moderator:

    • Zach Zweihorn, Davis Polk & Wardell LLP

    Panelists:

    • Justin Browder, Simpson Thatcher & Bartlett LLP
    • Larry Florio, 1kx
    • Eliott Frank, Distributed Global LLC
    • Susan Gault-Brown, Allen Overy Shearman Sterling LLP
    • Adam Levitin, Georgetown University Law Center
    • Ryan Louvar, WisdomTree, Inc.
    • Neel Maitra, Dechert LLP
    • Charles Mooney, University of Pennsylvania Carey Law School

    MIL OSI USA News –

  • MIL-OSI USA: Physician Convicted at Trial for Illegal Distribution of Opioids and Healthcare Fraud Conspiracies

    Source: US State Government of Utah

    A federal jury convicted a medical doctor yesterday for his participation in conspiracies to commit health care fraud and wire fraud and to unlawfully distribute controlled substances.

    According to court documents and evidence presented at trial, Neil K. Anand M.D., 48, of Bensalem, Pennsylvania, conspired to submit false and fraudulent claims to Medicare, health plans provided by the U.S. Office of Personnel Management (OPM), Independence Blue Cross (IBC), and Anthem, for “Goody Bags” of medically unnecessary prescription medications, which were dispensed to patients by in-house pharmacies owned by Anand. As the evidence at trial showed, the conspirators required patients to take the Goody Bags, which they did not need or want, to receive prescriptions for controlled substances. In total, Medicare, OPM, IBC, and Anthem paid over $2.3 million for the Goody Bags. Anand also conspired to distribute oxycodone outside the usual course of professional practice and without a legitimate medical purpose. In furtherance of the conspiracy, unlicensed medical interns wrote prescriptions for controlled substances using blank prescriptions that were pre-signed by Anand. Anand prescribed 20,850 oxycodone tablets for nine different patients, as part of the scheme. After learning that he was under investigation, Anand concealed the proceeds of the fraud by transferring approximately $1.2 million into an account in the name of his father and for the benefit of his minor daughter.

    Anand was convicted of conspiracy to commit health care fraud and wire fraud; three counts of health care fraud; one count of money laundering; four counts of unlawful monetary transactions; and conspiracy to distribute controlled substances. He is scheduled to be sentenced on Aug. 19 and faces a statutory maximum penalty of 130 years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Matthew R. Galeotti, Head of the Justice Department’s Criminal Division; Special Agent in Charge Maureen Dixon of the Department of Health and Human Services Office of the Inspector General (HHS-OIG); Special Agent in Charge Kathleen Woodson of the U.S. Postal Service Office of Inspector General (U.S. Postal Service OIG); and Special Agent in Charge of Investigative Operations Derek Holt of the OPM-Office of the Inspector General (OPM-OIG) made the announcement.

    The HHS-OIG, U.S. Postal Service OIG, and OPM OIG investigated the case.  FBI’s Philadelphia Field Office provided valuable assistance.

    Trial Attorneys Paul J. Koob, Patrick J. Campbell, and Arun Bodapati of the Criminal Division’s Fraud Section are prosecuting the case.

    The Fraud Section leads the Criminal Division’s efforts to combat health care fraud through the Health Care Fraud Strike Force Program. Since March 2007, this program, currently comprised of 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-fraud/health-care-fraud-unit.

    MIL OSI USA News –

  • MIL-OSI Canada: Lights, camera, Alberta! Boosting cultural industries | Lumières, caméra, Alberta! Stimuler les industries culturelles

    [. This investment will continue the momentum of Alberta’s growing cultural industries by creating jobs and developing skilled local talent.

    Behind the scenes, the Film and Television Tax Credit is revitalizing communities across the province, including communities in rural Alberta. These productions are expected to spend about $1.5 billion in Alberta across a range of industries, generating an estimated gross domestic product of $852 million and supporting more than 14,400 Albertan jobs.

    “Our government’s investment into our cultural industries is putting Alberta on centre stage. By further supporting film, television, music and publishing, we are driving economic growth while sharing our culture and stories – provincially, nationally and internationally.”

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

    On National Canadian Film Day, our government recognizes how the cultural industries play a starring role in Alberta’s economy. Since 2020, film and television projects supported through the Alberta Media Fund have generated more than $35 million in spending in the province and created more than 450 jobs. From catering to construction supplies, accommodations, local rentals, transportation and more, film and television production strengthens the economy and creates jobs for Albertans in every corner of the province.

    “Our film and television industry is not only a creative force but also a major contributor to Alberta’s economy. Through programs like the Film and Television Tax Credit, we are continually working to respond to industry needs, making sure Alberta remains a top destination for film and television productions.”

    Matt Jones, Minister of Jobs, Economy and Trade

    Budget 2025 also commits $235 million to the Film and Television Tax Credit program over the next three years. The Film and Television Tax Credit program offers tax incentives and makes Alberta an attractive destination for medium- and large-scale productions. Since its inception in 2020, more than 200 productions have leveraged the Film and Television Tax Credit program, with many more on the way.

    “The continuing support of Alberta’s government for the creative economy enables us to attract world-renowned projects, share Alberta’s unique stories with global audiences and drive growth in the province’s economy and job market.”

    Luke Azevedo, CEO, Edmonton Screen

    “I’m proud to see Alberta continuing to build momentum in the film and television industry. There’s a renewed energy and programs here in the province geared to developing new talent and crew. With initiatives and ongoing discussions, I hope for Alberta to stay well-positioned to remain competitive on the global stage while simultaneously developing our own local Canadian talent.”

    Martin Cochingco, professional stunt performer, co-owner of the Stunt Gym

    Alberta’s film and television industry is vital to the province’s economy. The government’s continued investment in the Alberta Media Fund and Film and Television Tax Credit program will support economic growth, create jobs, ensure competitiveness and attract investment.

    Alberta is primed for the limelight, and the government will continue to position the province as a premier destination for the film and television industry.

    Budget 2025 is meeting the challenge faced by Alberta with continued investments in education and health, lower taxes for families and a focus on strengthening our economy.

    Quick facts

    • More than 60 per cent of all Alberta-made projects filmed or are planning to film in small cities, towns and rural locations across the province, boosting the economy in all corners of Alberta.
    • The Alberta Media Fund supports locally produced books, magazines, music, film and television.
    • The fund allocates $2.6 million for publishing and music, and $5.4 million for film and television.
    • In 2022, cultural industries contributed $2.5 billion to Alberta’s economy and sustained 19,233 jobs in the province (Statistics Canada).
    • The Film and Television Tax Credit program supports medium- and large-scale productions with total production costs of at least $499,999.
    • To date, almost one-third of all productions participating in the Film and Television Tax Credit program did their filming in rural Alberta.

    Related information

    • Alberta Media Production Industries Association
    • Alberta Magazine Publishers Association
    • Book Publishers Association of Alberta
    • Alberta Music

    Related news

    • Movie star treatment for Alberta screen producers | Traitement de vedette pour les producteurs de l’Alberta (Sep 18, 2024)
    • Lights, camera, action for film and television (Jun 7, 2024)
    • Investing in more chapters of Alberta’s stories | Investir dans d’autres chapitres des histoires albertaines (Apr 23, 2024)

    Multimedia

    • Watch the news conference

    Le gouvernement de l’Alberta stimule l’économie en investissant dans les industries culturelles, en braquant les projecteurs sur la province dans les domaines du cinéma, de la télévision, de la musique et de l’édition.

    Le budget de 2025 prévoit un investissement de 8 millions de dollars pour le Fonds des médias de l’Alberta afin de soutenir les secteurs créatifs de la province. Cet investissement permettra de maintenir l’élan des industries culturelles de l’Alberta en créant des emplois et en encourageant les talents locaux qualifiés.

    En coulisses, le crédit d’impôt pour le cinéma et la télévision revitalise les communautés de toute la province, y compris les collectivités rurales de l’Alberta. Ces productions devraient dépenser environ 1,5 milliard de dollars en Alberta dans tout un éventail de secteurs, générant un produit intérieur brut estimé à 852 millions de dollars et soutenant plus de 14 400 emplois albertains.

    « Les investissements de notre gouvernement dans nos industries culturelles permettent à l’Alberta de voler la vedette. En soutenant davantage le cinéma, la télévision, la musique et l’édition, nous stimulons la croissance économique tout en partageant notre culture et nos histoires – à l’échelle provinciale, nationale et internationale. »

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

    À l’occasion de la Journée du cinéma canadien, notre gouvernement reconnaît que les industries culturelles jouent un rôle de premier plan dans l’économie de l’Alberta. Depuis 2020, les projets cinématographiques et télévisuels soutenus par le Fonds des médias de l’Alberta ont généré plus de 35 millions de dollars de dépenses dans la province et ont créé plus de 450 emplois. De la restauration au matériel de construction, en passant par l’hébergement, la location de locaux, le transport et bien d’autres secteurs, la production cinématographique et télévisuelle renforce l’économie et crée des emplois pour les Albertains et les Albertaines partout dans la province.

    « Notre industrie cinématographique et télévisuelle n’est pas seulement une force créatrice, mais aussi un contributeur majeur à l’économie de l’Alberta. Grâce à des programmes tels que le crédit d’impôt pour le cinéma et la télévision, nous nous efforçons constamment de répondre aux besoins de l’industrie et de faire en sorte que l’Alberta reste une destination de choix pour les productions cinématographiques et télévisuelles. »

    Matt Jones, ministre de l’Emploi, de l’Économie et du Commerce

    Le budget de 2025 prévoit également 235 millions de dollars pour le programme de crédit d’impôt pour le cinéma et la télévision au cours des trois prochaines années. Ce programme offre des incitatifs fiscaux et fait de l’Alberta une destination attrayante pour les productions de moyenne et grande envergure. Depuis sa création en 2020, plus de 200 productions ont bénéficié du programme de crédit d’impôt pour le cinéma et la télévision, et de nombreuses autres prévoient leur emboîter le pas.

    « Le soutien continu du gouvernement de l’Alberta aux secteurs créatifs nous permet d’attirer des projets de renommée mondiale, de présenter les histoires uniques de l’Alberta à des publics internationaux et de stimuler la croissance de l’économie et du marché de l’emploi de la province. »

    Luke Azevedo, PDG, Edmonton Screen

    « Je suis fier de voir que l’Alberta continue à se tailler une place dans l’industrie du cinéma et de la télévision. Il y a un regain d’énergie et des programmes ici dans la province qui visent à soutenir de nouveaux talents et de nouvelles équipes. Grâce aux initiatives et aux discussions en cours, j’espère que l’Alberta restera bien positionnée pour rester compétitive sur la scène mondiale tout en développant nos propres talents canadiens. »

    Martin Cochingco, cascadeur professionnel, copropriétaire du Stunt Gym

    L’industrie cinématographique et télévisuelle de l’Alberta est vitale pour l’économie de la province. L’investissement continu du gouvernement dans le Fonds des médias de l’Alberta et le programme de crédit d’impôt pour le cinéma et la télévision soutiendra la croissance économique, créera des emplois, garantira la compétitivité et attirera des investissements.

    L’Alberta est prête pour les feux de la rampe, et le gouvernement continuera à travailler pour que la province demeure une destination de choix pour l’industrie du film et de la télévision.

    Le budget de 2025 s’attaque aux défis auxquels l’Alberta est confrontée en continuant à investir dans l’éducation et la santé, en réduisant les impôts pour les familles et en mettant l’accent sur le renforcement de notre économie.

    En bref

    • Plus de 60 % de tous les projets réalisés en Alberta ont été ou seront tournés dans des petites villes, des villages et des zones rurales de la province, ce qui stimule l’économie dans tous les coins de l’Alberta.
    • Le Fonds des médias de l’Alberta soutient les livres, les magazines, la musique, le cinéma et la télévision produits localement.
    • Le fonds alloue 2,6 millions de dollars à l’édition et à la musique, et 5,4 millions de dollars au cinéma et à la télévision.
    • En 2022, les industries culturelles ont contribué à hauteur de 2,5 milliards de dollars à l’économie de l’Alberta et ont soutenu 19 233 emplois dans la province (Statistique Canada).
    • Le programme de crédit d’impôt pour le cinéma et la télévision soutient les productions de moyenne et grande envergure dont le coût total de production est d’au moins 499 999 $.
    • À ce jour, près d’un tiers des productions participant au programme de crédit d’impôt pour le cinéma et la télévision ont été tournées dans les régions rurales de l’Alberta.

    Informations connexes (en anglais seulement)

    • Alberta Media Production Industries Association
    • Alberta Magazine Publishers Association
    • Book Publishers Association of Alberta
    • Alberta Music

    Actualités connexes

    • Movie star treatment for Alberta screen producers | Traitement de vedette pour les producteurs de l’Alberta (18 septembre 2024)
    • Lights, camera, action for film and television (7 juin 2024)
    • Investing in more chapters of Alberta’s stories | Investir dans d’autres chapitres des histoires albertaines (23 avril 2024)

    Multimédia (en anglais seulement)

    • Regarder la conférence de presse

    MIL OSI Canada News –

  • MIL-OSI Security: Bridgeport Gang Member Sentenced to 20 Years in Federal Prison

    Source: Office of United States Attorneys

    LUIS GARCIA, also known as “Ebk Lou,” 27, of Bridgeport, was sentenced today by U.S. District Judge Kari A. Dooley in Bridgeport to 240 months of imprisonment, followed by three years of supervised release, for his participation in a violent Bridgeport street gang.

    Today’s announcement was made by Marc H. Silverman, Acting United States Attorney for the District of Connecticut; Joseph T. Corradino, State’s Attorney for the Fairfield Judicial District; Bridgeport Police Chief Roderick Porter; Anish Shukla, Acting Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation; James Ferguson, Special Agent in Charge, ATF Boston Field Division; Stephen Belleau, Acting Special Agent in Charge of the Drug Enforcement Administration for New England, and Acting U.S. Marshal Lawrence Bobnick.

    According to court documents and statements made in court, the FBI, ATF, DEA, U.S. Marshals Service, Connecticut State Police and Bridgeport Police have been investigating multiple Bridgeport-based gangs whose members are involved in narcotics trafficking, murder, and other acts of violence.  Garcia was a member of the Original North End (“O.N.E.”), a gang based in the Trumbull Gardens area of Bridgeport that committed acts of violence against rival gangs, including the East End gang, the East Side gang, and the PT Barnum gang.  O.N.E. members also robbed drug dealers, customers, and others, sold narcotics, and stole cars from inside and outside Connecticut, often using the cars to commit crimes.  They frequently used social media to promote and coordinate their criminal activities.

    Text messages and social media posts reviewed during the investigation confirmed that Garcia possessed and sold narcotics and firearms, stole vehicles, and was involved in related violent criminal activity alongside other O.N.E. members and associates.

    On August 9, 2018, O.N.E. members stole a Jeep Grand Cherokee in Newburgh, New York, and drove it back to Bridgeport.  In the following days, O.N.E. members conspired to use the car to kill East End gang members and their allies who they had learned through social media were at a deli on Stratford Avenue in Bridgeport.  Although that plan fell through, in the early morning hours of August 13, 2018, Garcia, Ta’Ron Pharr, and Lorenzo Carter drove the stolen Jeep to Stratford and Union Avenues in Bridgeport where they shot and killed Len Smith, 25, who they mistook for a rival East End group member, and shot and seriously wounded Smith’s female companion, both of whom were seated in a parked car.  After the shooting, O.N.E. members transported the Jeep to Indian Wells State Park in Shelton where they burned the vehicle in an effort to destroy evidence of the murder.

    O.N.E. members committed other violent crimes, including murder.

    Garcia has been detained since his arrest on September 8, 2021.  On September 6, 2023, he pleaded guilty to conspiring to engage in a pattern of racketeering activity.

    Approximately 47 members and associates of multiple Bridgeport-based gangs have been convicted of federal offenses stemming from this investigation, which has solved eight murders and approximately 20 attempted murders.

    Pharr pleaded guilty and, on August 30, 2022, was sentenced to 18 years of imprisonment.  On November 21, 2023, a jury found Carter guilty of racketeering conspiracy.  He awaits sentencing.

    This investigation has been conducted by the FBI’s Safe Streets and Violent Crimes Task Forces, ATF, DEA, U.S. Marshals Service, Bridgeport Police Department, Connecticut State Police, and the Bridgeport State’s Attorney’s Office, with the assistance of the U.S. Postal Inspection Service, Connecticut Forensic Science Laboratory, Waterbury Police Department, and Naugatuck Police Department.  The case is being prosecuted by Assistant U.S. Attorneys Karen L. Peck, Jocelyn C. Kaoutzanis, Stephanie T. Levick, and Rahul Kale.

    This prosecution is a part of the Justice’s Department’s Project Safe Neighborhoods (PSN), Project Longevity and Organized Crime Drug Enforcement Task Forces (OCDETF) programs.

    PSN is the centerpiece of the Department of Justice’s violent crime reduction efforts.  PSN is an evidence-based program proven to be effective at reducing violent crime. 

    Project Longevity is a comprehensive initiative to reduce gun violence in Connecticut’s major cities.  Through Project Longevity, community members and law enforcement directly engage with members of groups that are prone to commit violence and deliver a community message against violence, a law enforcement message about the consequences of further violence and an offer of help for those who want it.  If a group member elects to engage in gun violence, the focused attention of federal, state and local law enforcement will be directed at that entire group.

    OCDETF identifies, disrupts, and dismantles drug traffickers, money launderers, gangs, and transnational criminal organizations through a prosecutor-led and intelligence-driven approach that leverages the strengths of federal, state, and local law enforcement agencies.  Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.

    MIL Security OSI –

  • MIL-OSI Security: Cranberry Township Resident Sentenced to Prison for Assault of Girlfriend During Cruise

    Source: Office of United States Attorneys

    PITTSBURGH, Pa. – A resident of Cranberry Township, Pennsylvania, pleaded guilty and was sentenced in federal court to 12 months of incarceration on his conviction of assault by striking, beating, or wounding, Acting United States Attorney Troy Rivetti announced today.

    United States District Judge William S. Stickman IV imposed the sentence on Quintin Owens, 28, also ordering Owens to pay a $5,000 fine.

    According to information presented to the Court, on or about October 11, 2022, Owens violently assaulted his girlfriend, also a resident of Western Pennsylvania, by punching her, throwing her to the ground, and strangling her in a choke hold while the two were aboard a cruise ship. The federal district court has jurisdiction over the assault in part because the crime was committed on the high seas.

    In imposing the sentence, Judge Stickman spoke to the severe impact domestic violence crimes have on victims and promised that such crimes will be taken seriously in federal court.

    Assistant United States Attorney Nicole Vasquez Schmitt prosecuted this case on behalf of the government.

    Acting United States Attorney Rivetti commended the Federal Bureau of Investigation for the investigation leading to the successful prosecution of Owens.

    MIL Security OSI –

  • MIL-OSI USA: ICE Cincinnati seeks additional victims in alleged child exploitation case

    Source: US Immigration and Customs Enforcement

    April 16, 2025Cincinnati, OH, United StatesChild Exploitation

    CINCINNATI — Special agents with U.S. Immigration and Customs Enforcement arrested Jonathan Travis Mackey, a 46-year-old resident of Cincinnati, Ohio, on charges related to alleged sexual exploitation of children and receipt of child sex abuse material April 15.

    Investigators allege he exploited victims both online and in-person.

    Mackey operated online under the username “john370000#0” and “johnm1861#0.

    Jonathan Mackey held a position of public trust as an employee of the Federal Deposit Insurance Corporation and ICE Homeland Security Investigations wants to identify any other victims/survivors.

    If you have any information that may be relevant to this investigation, please contact the ICE Tip Line at 866-DHS-2-ICE.

    The FDIC Office of Inspector General assisted in this investigation.

    ICE HSI takes a victim-centered approach to child exploitation investigations by working to identify, rescue and stabilize victims. ICE encourages the public to report suspected child predators and any suspicious activity through its toll-free tip line at 866-DHS-2-ICE (866-347-2423) or by completing its online tip form. Both are staffed around the clock. From outside the United States and Canada, dial 802-872-6199. Hearing impaired users may call TTY 802-872-6196. Please mention your tip is related to this press release.

    MIL OSI USA News –

  • MIL-OSI Security: U.S. Marshals Arrest Man Wanted for Shooting 13-Year-Old After Dispute Over Concrete

    Source: US Marshals Service

    Philadelphia, PA – Members of the U.S. Marshals Eastern Pennsylvania Violent Crimes Fugitive Task Force arrested Keith Holmes, 43, at a family members apartment in the unit block of N. 63rd Street in Philadelphia. Holmes was wanted by the Philadelphia Police Department for aggravated assault and weapon possession charges in relation to an April 10th shooting at 57th Street and Kingsessing Avenue. After a dispute over concrete that was recently poured, Holmes discharged a firearm, striking the 13-year-old victim multiple times. On April 11th, a warrant was issued for Holmes and delegated to the Marshals Fugitive Task Force in Philadelphia.

    At approximately 10:00 a.m. April 16th, investigators from the task force surrounded an apartment in the unit block of N. 63rd Street where a family member of Keith Holmes resides. Investigators had developed information the previous evening that Holmes was presently hiding with this family member. Upon knocking and announcing, Holmes exited the residence with hands in the air and surrendered to Marshal Service investigators. Holmes was then transported to Philadelphia Police Headquarters for processing.  

    “There is no excuse for violent crimes that occur against children. Those who commit these crimes must be held fully accountable and the Marshals Service will ensure justice is without delay,” said Robert Clark, Supervisory Deputy for the Marshals Fugitive Task Force.

    The Eastern Pennsylvania Violent Crimes Fugitive Task Force is a team of law enforcement officers led by U.S. Marshals in Philadelphia and the surrounding counties. The task force’s objective is to seek out and arrest violent crime fugitives. Membership agencies include the Philadelphia Police Department, Pennsylvania State Parole Officers, Pennsylvania State Police, Pennsylvania Attorney General Agents, Immigration Customs Enforcement, Chester Police Department, Bucks County Sheriffs, and Delaware County Sheriffs.

    MIL Security OSI –

  • MIL-OSI Security: Physician Convicted at Trial for Illegal Distribution of Opioids and Healthcare Fraud Conspiracies

    Source: United States Attorneys General 1

    A federal jury convicted a medical doctor yesterday for his participation in conspiracies to commit health care fraud and wire fraud and to unlawfully distribute controlled substances.

    According to court documents and evidence presented at trial, Neil K. Anand M.D., 48, of Bensalem, Pennsylvania, conspired to submit false and fraudulent claims to Medicare, health plans provided by the U.S. Office of Personnel Management (OPM), Independence Blue Cross (IBC), and Anthem, for “Goody Bags” of medically unnecessary prescription medications, which were dispensed to patients by in-house pharmacies owned by Anand. As the evidence at trial showed, the conspirators required patients to take the Goody Bags, which they did not need or want, to receive prescriptions for controlled substances. In total, Medicare, OPM, IBC, and Anthem paid over $2.3 million for the Goody Bags. Anand also conspired to distribute oxycodone outside the usual course of professional practice and without a legitimate medical purpose. In furtherance of the conspiracy, unlicensed medical interns wrote prescriptions for controlled substances using blank prescriptions that were pre-signed by Anand. Anand prescribed 20,850 oxycodone tablets for nine different patients, as part of the scheme. After learning that he was under investigation, Anand concealed the proceeds of the fraud by transferring approximately $1.2 million into an account in the name of his father and for the benefit of his minor daughter.

    Anand was convicted of conspiracy to commit health care fraud and wire fraud; three counts of health care fraud; one count of money laundering; four counts of unlawful monetary transactions; and conspiracy to distribute controlled substances. He is scheduled to be sentenced on Aug. 19 and faces a statutory maximum penalty of 130 years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Matthew R. Galeotti, Head of the Justice Department’s Criminal Division; Special Agent in Charge Maureen Dixon of the Department of Health and Human Services Office of the Inspector General (HHS-OIG); Special Agent in Charge Kathleen Woodson of the U.S. Postal Service Office of Inspector General (U.S. Postal Service OIG); and Special Agent in Charge of Investigative Operations Derek Holt of the OPM-Office of the Inspector General (OPM-OIG) made the announcement.

    The HHS-OIG, U.S. Postal Service OIG, and OPM OIG investigated the case.  FBI’s Philadelphia Field Office provided valuable assistance.

    Trial Attorneys Paul J. Koob, Patrick J. Campbell, and Arun Bodapati of the Criminal Division’s Fraud Section are prosecuting the case.

    The Fraud Section leads the Criminal Division’s efforts to combat health care fraud through the Health Care Fraud Strike Force Program. Since March 2007, this program, currently comprised of 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-fraud/health-care-fraud-unit.

    MIL Security OSI –

  • MIL-OSI Security: YUMA MAN PLEADS GUILTY TO TAX EVASION

    Source: Office of United States Attorneys

    PHOENIX, Ariz. – Philip Kevin Clark, 61, of Yuma, Arizona pleaded guilty on April 15, 2025, for Failure to Pay Employment Taxes. Sentencing is scheduled for July 28, 2025, before United States District Judge Steven P. Logan.

    Clark, the owner of a water company in Yuma, admitted that between 2017 and 2021, he deducted $395,250 from his employees’ paychecks for taxes that he failed to pay to the IRS. 

    A conviction for Failure to Pay Employment Tax carries a maximum penalty of 5 years imprisonment and a $250,000 fine.

    The IRS Criminal Investigation Phoenix Field Office conducted the investigation in this case. Assistant U.S. Attorney Kevin M. Rapp, District of Arizona, Phoenix, is handling the prosecution.

    CASE NUMBER:           CR-24-00611-PHX-SPL
    RELEASE NUMBER:    2025-057_ Clark

    # # #

    For more information on the U.S. Attorney’s Office, District of Arizona, visit http://www.justice.gov/usao/az/

    Follow the U.S. Attorney’s Office, District of Arizona, on Twitter @USAO_AZ for the latest news.

    MIL Security OSI –

  • MIL-OSI Security: 11 Defendants Sentenced for Their Role in a Conspiracy to Traffic Fentanyl from the Mexico Border to Idaho

    Source: Office of United States Attorneys

    Combined Federal and State Investigation Resulted in the Seizure of over 48,000 Fentanyl Pills and Four Pounds of Methamphetamine

    BOISE – A large-scale Organized Crime and Drug Enforcement Task Force (OCDETF) investigation and prosecution resulted in the conviction of 11 Idaho defendants on federal drug trafficking charges, Acting U.S. Attorney Justin Whatcott announced today.  The investigation involved the cooperative efforts of 10 federal, state, and local law enforcement agencies.

    According to court records, beginning in early 2023, Idaho State Police (ISP) detectives received a tip that Austin Lee was distributing large quantities of fentanyl in southern Idaho.  In coordination with the Drug Enforcement Administration (DEA) and other agencies, ISP detectives worked quickly to investigate Lee and identify the source of these drugs. Investigators conducted multiple controlled purchases of fentanyl and methamphetamine from Lee and other co-conspirators, to include Jamie Coltrin, Jenika Johnson, Brandon Dana, Tina Morris, and Daniel Coltrin.

    In July 2023, the investigation expanded to include Lee’s Mexico-based drug supplier and other co-conspirators. The investigation revealed that recent parolees were recruited into the conspiracy prior to their release from prison.  These conspirators helped traffic fentanyl from the United States/Mexico border to distribute in Idaho.  Additional conspirators accepted payment for the drugs.  From this, investigators identified additional co-conspirators Arafat Ramirez, Rosa Ramirez, Laila Ramirez-Martinez, Sammy Martinez, and Rachel Dixon.

    The investigation was extensive and resulted in the seizure of over 48,000 fentanyl pills and four pounds of methamphetamine.  This significantly hindered the flow of fentanyl into Idaho, and the Magic Valley area.

    As part of this OCDETF investigation, the following individuals have been sentenced for federal drug violations:

    • Austin Chad Lee, 29, of Twin Falls, was sentenced to 140 months in prison for distribution of methamphetamine and fentanyl;
    • Arafat Ramirez, 43, of Jerome, was sentenced to 140 months in prison for conspiracy to distribute fentanyl;
    • Brandon Aaron Dana, 37, of Leadore, was sentenced to 120 months in prison for distribution of fentanyl;
    • Tina Jane Morris, 46, of Pocatello, was sentenced to 97 months in prison for possession with intent to distribute fentanyl and methamphetamine;
    • Sammy Davey Martinez, 49, of Nampa, was sentenced to 78 months in prison for conspiracy to distribute fentanyl;
    • Jamie Lee Coltrin, 36, of Rupert, was sentenced to 48 months in prison for distribution of fentanyl;
    • Jenika Ann Johnson, 31, of Pocatello, was sentenced to 48 months in prison for distribution of fentanyl;
    • Daniel Ross Coltrin, 40, of Paul, was sentenced to 25 months in prison for attempted possession with intent to distribute fentanyl;
    • Rosa Ramirez, of Jerome, 64, was sentenced to 24 months in prison for conspiracy to distribute fentanyl;
    • Rachel Dixon, 36, of Boise, was sentenced to 3 years’ probation for distribution of fentanyl; and
    • Laila Vanessa Ramirez-Martinez, 35, of Jerome, was sentenced to two years’ probation for false statement.

    “The success of this investigation is the direct result of cooperation between federal, state, and local law enforcement agencies” Acting U.S. Attorney Whatcott said.  “Protecting Idahoans from dangerous drugs flowing up from the Mexico border is one of our highest law enforcement priorities, and I commend each of the agencies involved for their outstanding work achieving justice in this case.”

    “We are proud the State of Idaho works so well with our federal partners to protect the public,” said Governor Brad Little.  “The goal of our Operation Esto Perpetua initiative is to equip law enforcement with the training and tools they need to keep Idaho safe.  Today’s announcement about the conviction of 11 drug traffickers demonstrates what Idaho is doing is working.”

    The cases were primarily investigated by the Idaho State Police and the Drug Enforcement Administration.  In addition to the work of these agencies, Acting U.S. Attorney Whatcott thanked the following agencies for assisting in the investigations and arrests of the above-named individuals:  Twin Falls County Sheriff’s Office, Minidoka County Sheriff’s Office, Cassia County Sheriff’s Office, Pocatello Police Department, Nampa Police Department, Ada County Sheriff’s Office, Garden City Police Department, and the Idaho Department of Correction.

    These indictments are 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.

    Since the inauguration of President Trump, the Department of Justice is playing a critical role in Operation Take back America, a nationwide initiative to repel the invasion of illegal immigration, achieve total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from 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).

    ###

    MIL Security OSI –

  • MIL-OSI Economics: Preview upcoming Dynamics 365 features at Microsoft Business Applications Launch Event

    Source: Microsoft

    Headline: Preview upcoming Dynamics 365 features at Microsoft Business Applications Launch Event

    Adaptation and change are the only constants in business—and the pace is accelerating. To thrive, your business needs the right tools, from AI-powered insights to low-code solutions, designed to help you adapt faster, enhance customer experiences, and boost efficiency.

    Register for the Microsoft Business Applications Launch Event.

    Join us on Wednesday, April 30, 2025, for the Microsoft Business Applications Launch Event, an exclusive first look at groundbreaking innovations coming to Microsoft Dynamics 365, Microsoft Power Platform, and Microsoft Copilot Studio. See firsthand how these new technologies empower your organization to proactively navigate changes and seize new opportunities.

    Event highlights include:

    • Live demonstrations of the latest updates in Dynamics 365, Microsoft Power Platform, and Copilot Studio.
    • Insights from Microsoft leaders on transforming CRM and ERP systems with agents to drive customer experiences and operational agility.
    • Real-world success stories from organizations using Dynamics 365 and Microsoft Power Platform.
    • Interactive Q&A session with product experts.

    During the event you will gain in-depth insights into how customers are adopting what’s new in Dynamics 365 and Microsoft Power Platform.

    Microsoft Dynamics 365 Sales:

    • AI-powered Microsoft Copilot and agents to boost seller productivity
    • Automated research, proactive follow-ups, and prioritized actions
    • Streamlined, intuitive user experiences designed to help sellers close deals faster

    See Dynamics 365 Sales 2025 release wave 1 in action for more.

    Microsoft Dynamics 365 Customer Service:

    • AI-enhanced case and knowledge management with intelligent routing
    • Extended Copilot capabilities for improved productivity
    • Microsoft Dynamics 365 Contact Center enhancements for effortless self-service and faster issue resolution

    See Dynamics 365 Contact Center 2025 release wave 1 in action for more.

    Microsoft Dynamics 365 Finance:

    • Copilot-first experiences streamlining complex tax and compliance management
    • Automated account and bank reconciliations using intelligent agents
    • Advanced analytics and planning tools to drive smarter financial decisions

    See Dynamics 365 Finance 2025 release wave 1 in action for more.

    Microsoft Dynamics 365 Supply Chain Management:

    • Integrated AI, analytics, and automation for improved operational efficiency
    • Enhanced supplier communication and demand planning accuracy
    • Intelligent manufacturing features aligning production data to real-world processes

    See Dynamics 365 Supply Chain Management release wave 1 2025 in action for more.

    Copilot Studio:

    • Create custom autonomous agents tailored to your specific business needs
    • Extend Microsoft 365 Copilot with new embedded capabilities
    • Connect with new conversational channels, including WhatsApp and SharePoint

    See Power Automate 2025 release wave 1 in action for more.

    Catch the wave—Register today

    The Microsoft Business Applications Launch Event streams live on Wednesday, April 30, 2025, starting at 9 AM PST and will also be available on-demand. Register now to stay updated and get helpful resources ahead of the event.

    Microsoft Business Applications Launch Event

    Join us on Wednesday, April 30, 2025.

    MIL OSI Economics –

  • MIL-OSI: Quadient Recognized in Analyst Report on Top AI Use Cases for Finance Automation

    Source: GlobeNewswire (MIL-OSI)

    Quadient (Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, announces it has been recognized in a recent Forrester report on ways artificial intelligence (AI) is transforming accounts receivable (AR) processes. The report, “Top AI Use Cases for Accounts Receivable Automation In 2025,” includes mentions of Quadient AR for cash application and payment notice. Quadient considers its inclusion in the report as proof of the impact its AI- and machine learning-powered financial process automation offer, enhancing efficiency, accuracy, and decision-making capabilities.

    Manual AR, AP and invoice processes lead to inefficiencies, compliance risks, payment delays and increased vulnerability to fraud. Quadient’s Finance Automation cloud platform, including Quadient AR and Quadient AP, addresses these challenges, using advanced AI and machine learning to predict cash flow with high accuracy, analyze payor behavior, and automate cash applications, even when remittance data is missing. The platform also centralizes invoices and streamlines multi-channel distribution, ensuring full compliance with regulations such as e-invoicing.

    “AI is transforming accounts receivable, and we believe Quadient’s inclusion in Forrester’s report attests to how advanced solutions such as Quadient AR are changing the way financial professionals work through intelligent automation,” said Chris Hartigan, Chief Solution Officer, Digital Automation at Quadient. “AI and machine learning are forever changing the way AR and AP are managed and increasing the value these functions bring to organizations. Quadient is helping to advance AI usage by finance teams in responsible and meaningful ways to streamline workflows, deliver actionable insights, enhance efficiency and increase focus on strategic financial planning.”

    Real-time data is provided through customizable dashboards, enhancing efficiency and decision-making capabilities. In addition to mentioning Quadient in several use cases for AR, Forrester interviewed Quadient for insights for its companion report, “Top AI Use Cases for Accounts Payable Automation in 2025.”

    Quadient’s leading cloud-based financial automation cloud platform, including AR, AP, e-invoicing and customer communications, helps businesses reduce manual work, improve cash flow and make more informed financial decisions.

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

    Contacts

    Sandy Armstrong, Sterling Kilgore   Joe Scolaro, Quadient         
    VP of Media & Communications   Global Press Relations Manager
    +1-630-699-8979   +1 203-301-3673
    sarmstrong@sterlingkilgore.com   j.scolaro@quadient.com

    Attachment

    The MIL Network –

  • MIL-OSI Security: Europol supports strike-down on criminal organisation smuggling tens of thousands of hazardous salvage cars from the US

    Source: Europol

    The investigation, code-named ‘Nimmersatt’ (‘Insatiable’ in German), extended from the US to Russia, with links to Canada, Hungary, Ireland and the United Kingdom (UK), as well as 11 EU countries. Investigative measures were conducted today and yesterday in Bulgaria, Estonia, Germany, Hungary, Latvia, Lithuania, the Netherlands, Portugal, Romania and Spain.Wrecked cars, fake import papers, cosmetic repairs and tax fraudCriminal organisations…

    MIL Security OSI –

  • MIL-OSI Security: Kansas woman indicted for unemployment fraud using stolen identities

    Source: Office of United States Attorneys

    WICHITA, KAN. – A federal grand jury in Wichita returned an indictment charging a Kansas woman with illegally collecting more than $100,000 by defrauding a federal program aimed at helping people who lost their livelihoods during the COVID-19 pandemic. 

    According to court documents, Kylie Charles, 35, of Wichita is charged with 17 counts of wire fraud and 17 counts of aggravated identity theft. 

    The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) provided financial relief to Americans dealing with the economic impacts of COVID-19 pandemic. The program expanded unemployment benefits to some people who would not typically qualify such as business owners, self-employed workers, independent contractors, those with a limited work history, and people who lost their business as a result of the pandemic.

    Between May 2020 and August 2021, Charles is accused of stealing the identities of people she knew and using their information without their knowledge or consent to file false claims in multiple states for unemployment benefits under the CARES Act program. 

    The Federal Bureau of Investigation (FBI) is investigating the case.

    Assistant U.S. Attorney Molly Gordon is prosecuting the case.

    OTHER INDICTMENTS

    Chad M. Abildgaard, 33, of Wichita was indicted on one count of possession of methamphetamine with intent to distribute, one count of possession of a firearm in furtherance of a drug trafficking crime, and one count of possession of a firearm by a convicted felon. The U.S. Postal Inspection Service is investigation the case. Assistant U.S. Attorney Lanny Welch is prosecuting the case.

    Nelson Agustin Gonzalez-Diaz, 74, was indicted on one count of possession of a firearm by a convicted felon and one count of possession of a firearm by an illegal alien. The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) is investigating the case. Assistant U.S. Attorney Larry Fadler is prosecuting the case.

    Manuel Jacquez Ibarra, 45, was indicted on one count of unlawful reentry after deportation. Homeland Security Investigations (HSI) is investigating the case. Assistant U.S. Attorney Ola Odeyemi is prosecuting the case. 

    David Yitzhak Espinoza, 31, was indicted on one count of unlawful reentry after deportation. Homeland Security Investigations (HSI) is investigating the case. Assistant U.S. Larry Fadler is prosecuting the case.

    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 Security OSI –

  • MIL-OSI Security: Former Town of Southold Employee and Boy Scout Troop Leader Sentenced to 84 Months in Prison for Distribution of Child Pornography

    Source: Office of United States Attorneys

    Damon Rallis was sentenced today in federal court in Central Islip by United States District Judge Joan M. Azrack to 84 months in prison for distribution of child pornography.  As part of his sentence, Rallis, a former Town of Southold employee and scoutmaster with the Boy Scouts, will be required to register as a sex offender when he is released from prison.

    John J. Durham, United States Attorney for the Eastern District of New York and Christopher G. Raia, Assistant Director in Charge, Federal Bureau of Investigation, New York Field Office (FBI), announced the sentence.

    “The defendant possessed and distributed horrific images of child sex abuse, including the brutal rape of young children, and the years he will serve in prison will both protect our communities and help to bring justice to victims who were sexually exploited as children,” stated United States Attorney Durham.  “My Office and our law enforcement partners will continue to work tirelessly to prosecute and seek significant prison sentences for individuals like Rallis who contribute to a depraved marketplace that causes the abuse of children to satiate the perverse demand for these disturbing images.”

    “Damon Rallis violated his scoutmaster duty to serve as an ethical and moral leader by supplying obscene pornographic material to a twisted platform,” stated FBI Assistant Director in Charge Raia.  “His actions perpetuated the sexual abuse of young children without remorse. The FBI remains dedicated to holding accountable those who use the sexual exploitation of minors for personal gratification.”

    As set forth in court filings and during the sentencing hearing, the FBI began investigating Rallis after his participation in a chat group on the Kik messaging app of users who shared child pornography.  An undercover agent who had joined the chat group received numerous images and videos of child pornography from the defendant, whose screenname was “dirtydaddy431.”  The images shared by Rallis included the rape of children as young as approximately five years old.  On February 23, 2021, FBI agents executed a search warrant at the defendant’s residence in Southold and seized several electronic devices, including his cell phone, which contained numerous images and videos of child pornography.  In an unrelated investigation into sexual exploitation of children, law enforcement recovered a series of chats with Rallis from the cell phone of another individual (the Iowa defendant).  In one of these chats, after the Iowa defendant described how he sexually abused his stepdaughter from age 4 to 7, Rallis stated: “She doesn’t remember bro.  You’re good.  The memories don’t really develop until nine or ten.  I would love that opportunity.”

    This prosecution is part of Project Safe Childhood, a nationwide initiative launched in May 2006 by the Department of Justice to combat the growing epidemic of child sexual exploitation and abuse.  Led by United States Attorneys’ Offices, Project Safe Childhood marshals federal, state, and local resources to better locate, apprehend, and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit https://www.justice.gov/psc.

    The government’s case is being handled by the Criminal Section of the Office’s Long Island Division. Assistant United States  Attorney Paul G. Scotti is in charge of the prosecution.

    The Defendant:

    DAMON RALLIS
    Age: 50
    Southold, Long Island

    E.D.N.Y. Docket No. 21-CR-150 (JMA)

    MIL Security OSI –

  • MIL-OSI: The Board of Directors has resolved to carry out directed issues of units totaling approximately SEK 25 million and a fully underwritten rights issue of units of approximately SEK 15 million

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.

    The Board of Directors of Terranet AB (”Terranet” or the ”Company”) has today, April 16 2025, with authorization from the annual general meeting on May 21, 2024, decided to carry out a directed issue of 2,956,297 units consisting of B-shares and warrants of series TO9 B to a number of qualified investors of approximately SEK 8.8 million (the “First Directed Issue”). The Board of Directors of the Company has further, subject to subsequent approval by the Annual General Meeting, resolved on a directed issue of 5,461,210 units consisting of B-shares and warrants of series TO9 B to members of the Company’s Board of Directors and management as well as external investors, of approximately SEK 16.2 million (the “Second Directed Issue” and together with the First Directed Issue, the “Directed Issues”). One unit in the Directed Issues consists of thirty-three (33) B-shares and five (5) warrants of series TO9 B. To compensate the shareholders who do not participate in the Directed Issues, the Board of Directors of Terranet, subject to subsequent approval by the Annual General Meeting, has resolved on a fully secured rights issue of a maximum of 13,880,714 units consisting of B-shares and warrants of series TO9 B, which, if fully subscribed, will provide the Company with approximately SEK 15 million before deduction of issue costs (the “Rights Issue”). One unit in the Rights Issue consists of twelve (12) B-shares and three (3) warrants of series TO9 B. The Directed Issues and the Rights Issue are carried out at the same subscription price, with the subscription price set at SEK 0.09 per B-share. Through the Directed Issues, Terranet will raise approximately SEK 25 million before deduction of issue costs, and upon full subscription of the Rights Issue, Terranet will raise approximately SEK 15 million before deduction of issue costs. The notice to the Annual General Meeting will be published through a separate press release.

    Comments from Management
    “We are at a very exciting stage as we intensify our commercialization journey with the goal of signing our first agreement to initiate commercialization during this year. In 2024, Terranet achieved success and delivered on previously set milestones with excellence, laying the foundation for the collaborations and ongoing dialogues with leading industrial players in the market. The capital raise enables us to take the next step from a development-stage company to a commercial enterprise, and I see this as an attractive opportunity to personally take part in this journey together with well-renowned investors who recognize the strong potential of Terranet’s technology”, says Lars Lindell, CEO of Terranet.

    Comments from the Board of Directors
    “We are grateful for the strong confidence shown by our shareholders. Their support has enabled a capital raise on favorable terms with committed and reputable investors, despite an eventful and volatile stock market. Given full subscription of the issued warrants, the capital raise secures our liquidity through the second quarter of 2026. This strengthens our negotiating position and provides a solid foundation for converting the potential and interest in our technology into real shareholder value”, says Torgny Hellström, Chairman of the Board of Directors of Terranet.

    Summary of the Directed Issues and the Rights Issue:

    • The First Directed Issue comprises a maximum of 2,956,297 units. Subscribers in the First Directed Issue include, among others, Hunter Capital AB (publ) (“Hunter”). One unit in the First Directed Issue consists of thirty-three (33) B-shares and five (5) warrants of series TO9 B. The subscription price in the First Directed Issue is SEK 2.97 per unit, corresponding to SEK 0.09 per B-share, which represents a premium of approximately 4.0 percent compared to the volume-weighted average price of the Company’s B-share on Nasdaq First North Premier Growth Market between April 7, 2025, and April 11, 2025. The First Directed Issue will provide Terranet with approximately SEK 8.8 million before deduction of issue costs.
    • The Second Directed Issue comprises a maximum of 5,461,210 units and is directed to members of the Board of Directors, management, and external investors, including Johannes Schildt (one of the founders of Kry), White Eye AB, and Scan Invest Limited (“Scan”). One unit in the Second Directed Issue consists of thirty-three (33) B-shares and five (5) warrants of series TO9 B. The subscription price in the Second Directed Issue is SEK 2.97 per unit, corresponding to SEK 0.09 per B-share, which is the same subscription price as in the First Directed Issue. The Second Directed Issue will provide Terranet with approximately SEK 16.2 million before deduction of issue costs.
    • The Board of Director’s resolution on the Second Directed Issue is conditional upon approval by the Annual General Meeting, scheduled for May 23, 2025. Notice of the Annual General Meeting will be published through a separate press release.
    • The Rights Issue comprises a maximum of 13,880,714 units. One unit in the Rights Issue consists of twelve (12) B-shares and three (3) warrants of series TO9 B. The warrants are issued free of charge.
    • The subscription price per unit in the Rights Issue is SEK 1.08 per unit, corresponding to SEK 0.09 per B-share. The subscription price per B-share is the same as in the Directed Issues. Upon full subscription, the Rights Issue will provide Terranet with approximately SEK 15 million before deduction of issue costs.
    • The right to subscribe for units in the Rights Issue shall, with preferential rights, be granted to shareholders in proportion to the number of B-shares they already own, where one (1) existing B-share entitles the holder to one (1) unit right, and eighty-six (86) unit rights entitle the holder to subscribe for one (1) unit.
    • The last day of trading in Terranet’s B-shares including the right to receive unit rights in the Rights Issue is April 25, 2025. The B-shares will be traded excluding the right to receive unit rights from April 28, 2025.
    • The subscription period for the Rights Issue runs from May 27, 2025, up to and including June 11, 2025.
    • The Rights Issue is covered by subscription commitments of approximately SEK 35.2 thousand, corresponding to 0.2 percent of the Rights Issue, and underwriting commitments of approximately SEK 15 million, corresponding to approximately 99.8 percent of the Rights Issue. Thus, the Rights Issue is covered to 100 percent by subscription commitments and underwriting commitments. Hunter has entered into a underwriting commitment amounting to approximately SEK 7.5 million. Furthermore, Scan has also entered into a underwriting commitment amounting to approximately SEK 7.5 million.
    • The full terms and conditions of the Rights Issue, including additional information about the Company, will be available in an information memorandum expected to be published around May 26, 2025 (the “Memorandum”).
    • The purpose of the Rights Issue is to finance the continued development of the BlincVision product, prepare for future commercialization, and repay an existing interest-bearing debt of approximately SEK 8 million.

    Background and rationale in summary
    Terranet is in an expansion phase with the development of BlincVision and has achieved several important milestones in 2024, including successful tests and partnerships with leading players in the automotive industry. To take the next step, financing is required to complete the development of a Minimum Viable Product (MVP) and continue the development towards volume production in collaboration with potential future partners.

    In order to carry out the necessary development work required to commercialize BlincVision and repay the Company’s outstanding interest-bearing debt of approximately SEK 8 million, the Board of Directors of Terranet has identified a need for additional capital. Therefore, the Directed Issues and the Rights Issue are being carried out. The proceeds from the Directed Issues and the Rights Issue will primarily be used for:

    •        Repayment of outstanding loans, approximately 20 percent.
    •        External development costs for components for BlincVision, approximately 25 percent.
    •     In-house development work as well as market and sales activities for BlincVision, approximately 25 percent.
    •        Investments in tangible fixed assets, approximately 10 percent.
    •        Working capital, approximately 20 percent.

    The First Directed Issue
    The Board of Directors of Terranet has today, with the support of the authorization from the Annual General Meeting on May 21, 2024, resolved to carry out the First Directed Issue, which comprises a maximum of 2,956,297 units at a subscription price of SEK 2.97 per unit, corresponding to SEK 0.09 per B-share. Each unit in the First Directed Issue consists of thirty-three (33) B-shares and five (5) warrants of series TO9 B. The warrants are issued free of charge. Through the First Directed Issue, the Company will raise approximately SEK 8.8 million before issue costs. The right to subscribe for units will be granted exclusively, deviating from shareholders’ preferential rights, to Hunter and Milad Pournouri.

    The Board of Directors has placed great emphasis on ensuring that the subscription price for the First Directed Issue is market-based in relation to the current share price. After negotiations at arm’s length between the Company and the intended investors, the subscription price has been set at SEK 2.97 per unit, corresponding to SEK 0.09 per B-share, which represents a premium of approximately 4.0 percent compared to the volume-weighted average price of the Company’s B-share on Nasdaq First North Premier Growth Market between April 7, 2025, and April 11, 2025. Considering this, the Board of Directors concludes that the subscription price is market-based and reflects the demand for the Company’s B-shares.

    The Second Directed Issue
    Further, the Board of Terranet has today, subject to approval by the Annual General Meeting scheduled for May 23, 2025, resolved to carry out the Second Directed Issue. The Second Directed Issue comprises a total of 5,461,210 units and is being implemented, among other things, to enable subscriptions by members of the Company’s Board of Directors and management. Since members of the Company’s board of directors and management are subject to Chapter 16 of the Swedish Companies Act (2005:551) (the so-called Leo Act), the Second Directed Issue requires approval from a shareholders’ meeting in the Company. For the decision of the shareholders’ meeting to be valid, at least nine-tenths of both the votes cast and the shares represented at the meeting must vote in favor of the decision. Following approval at the Annual General Meeting, the right to subscribe for units in the Second Directed Issue will be granted to CEO Lars Lindell, CFO Dan Wahrenberg, CCO Jonas Renander, CTO Pierre Ekwall, Chairman of the Board Torgny Hellström, and Board member Magnus Edman, as well as the current shareholder Oliver Aleksov and external investors Johannes Schildt, White Eye AB, Scan, Alex Ghafori, and Max Björs.

    The subscription price for the Second Directed Issue is SEK 2.97 per unit, corresponding to SEK 0.09 per share, which is the same subscription price as in the First Directed Issue. Through the Second Directed Issue, Terranet will raise approximately SEK 16.2 million before issue costs. Each unit in the Second Directed Issue consists of thirty-three (33) B-shares and five (5) warrants of series TO9 B. The warrants are issued free of charge.

    Deviation from shareholder’ preferential rights
    The reasons for the deviation from shareholders’ preferential rights and the targeting of the Directed Issues to the Board of Directors, management, existing shareholders, and qualified investors are as follows. Prior to the decision on the Directed Issues, the board carefully examined and considered alternative financing options, including raising capital solely through a rights issue. However, after a comprehensive assessment and considering that a directed issue allows the Company to receive capital sooner, the Board of Directors believes that new issues carried out with a deviation from shareholders’ preferential rights, combined with a rights issue, are a more favorable option for the Company and its shareholders than a rights issue alone. Therefore, the Board of Directors’ assessment is that it is in the best interests of both the Company and its shareholders to proceed with the Directed Issues.

    The reason the Directed Issues is aimed at selected institutional and private investors is that such an issue further diversifies and strengthens the Company’s shareholder base. The reason why one existing shareholder is given the opportunity to participate is that this investor has been a shareholder in the Company for a long period and continues to show great interest in the Company. All of the investors in the Directed Issues have expressed long-term interest and commitment to the Company, which the Board of Directors believes provides security and stability for both the Company and its shareholders. At the same time, other shareholders are given the opportunity to subscribe to units on the same terms through the Rights Issue.

    The Company is in an important phase and requires financing to ensure its long-term operations. According to the Board of Directors’ assessment, a more extensive and isolated rights issue would require significantly more time and resources to execute and would also entail a higher risk of a negative impact on the share price, particularly considering the current volatile and challenging market conditions. From a shareholder perspective, an isolated rights issue thus poses a risk of a negative effect on the share price compared to a directed issue combined with a rights issue. In view of the market volatility, the Board of Directors has assessed that a rights issue, without the Directed Issues, would need to be considerably larger and would therefore also require greater underwriting commitments from an underwriting consortium, which would result in additional costs and/or further dilution depending on the type of compensation for such underwriting.

    Considering the above, the Board of Directors’ collective assessment is that the reasons for carrying out the Directed Issues in combination with a compensation issue in the form of the Rights Issue outweigh the reasons for conducting a more extensive isolated rights issue.

    The Board of Directors has, in connection with the decisions on the Directed Issues, placed significant emphasis on ensuring that the subscription price is market-based in relation to the prevailing share price. After arm’s length negotiations between the company and the qualified investors, the subscription price has been set at SEK 2.97 per unit, corresponding to SEK 0.09 per B-share, which represents a premium of approximately 4.0 percent compared to the volume-weighted average price of the company’s B-share on Nasdaq First North Premier Growth Market between April 7, 2025, and April 11, 2025. Considering this, the board assesses that the subscription price is market-based and reflects the demand for the company’s B-shares.

    The Rights Issue
    To compensate shareholders who do not participate in the Directed Issues, the Board of Directors, subject to subsequent approval by the annual general meeting, has decided to carry out the Rights Issue of up to 13,880,714 units, which, if fully subscribed, could raise approximately SEK 15 million before deduction of issue costs. One unit in the Rights Issue consists of twelve (12) B-shares and three (3) warrants of series TO9 B. The warrants are issued free of charge.

    Those who are registered as shareholders in Terranet on the record date of April 29, 2025 will receive one (1) unit right for each (1) existing B-share, and eighty-six (86) unit rights will entitle the holder to subscribe for one (1) unit. The subscription price in the Rights Issue will be SEK 1.08 per unit, corresponding to SEK 0.09 per B-share, which is the same subscription price as in the Directed Issues. Participants in the Directed Issues will not receive any unit rights in the Rights Issue for the units subscribed through the Directed Issues.

    In the event that not all units are subscribed through the exercise of unit rights, the Board of Directors will decide on the allocation of units subscribed without the support of unit rights, within the framework of the maximum amount of the Rights Issue. The allocation will be made as follows:

    • First, allocation will be made to those who have subscribed for units using unit rights, regardless of whether the subscriber was a shareholder on the record date. In case of over-subscription relative to the number of unit rights each person used for subscription, allocation will be made based on the number of unit rights exercised, and if this cannot be done, by drawing lots.
    • Second, allocation will be made to others who have subscribed for units without the support of unit rights. If they cannot receive full allocation, it will be done based on the number of units they have subscribed for, and if this cannot be done, by drawing lots.
    • Lastly, any remaining units will be allocated to the underwriters who have entered into underwriting commitments in relation to the size of their respective underwriting commitments, and if this cannot be done, by drawing lots.

    The subscription period will run from May 27, 2025, up to and including June 11, 2025. Trading in unit rights will take place on the Nasdaq First North Premier Growth Market from May 27, 2025, up to and including June 5, 2025, and trading in BTU (paid subscribed units) will take place on the Nasdaq First North Premier Growth Market from May 27, 2025, up to and including June 30, 2025.

    The Company will prepare and publish the Memorandum in connection with the Rights Issue.

    Warrants of series TO9 B
    Each warrant of series TO9 B gives the right to subscribe for one (1) new B-share in the Company. One (1) warrant of series TO9 B entitles the holder to subscribe for one (1) B-share in the Company at a subscription price of SEK 0.18 (equivalent to 200% of the subscription price per B-share in the Directed Issues and the Rights Issue). The subscription for B-shares using the warrants of series TO9 B will take place during the period from December 1, 2025, up to and including December 15, 2025.

    If all warrants of series TO9 B are fully utilized within the framework of the units offered, the Company may receive an additional maximum of approximately SEK 15.1 million. The warrants are intended to be admitted to trading on Nasdaq First North Premier Growth Market.

    Subscription commitments and underwriting commitments
    The Rights Issue is covered by 0.2 percent of subscription commitments, corresponding to approximately SEK 35.2 thousand, and by approximately 99.8 percent of underwriting commitments, corresponding to approximately SEK 15 million. Hunter has entered into a underwriting commitment amounting to approximately SEK 7.5 million. Furthermore, Scan has also entered into a underwriting commitment amounting to approximately SEK 7.5 million.Thus, the Rights Issue is fully covered by subscription commitments and underwriting commitments. The entered subscription commitments and underwriting commitments are not secured by bank guarantees, pledges, or similar arrangements. Subscription commitments have been entered into by Chairman of the Board of Directors Torgny Hellström, CFO Dan Wahrenberg, and CTO Pierre Ekwall. For the underwriting commitments, a underwriting compensation of twelve (12) percent of the underwritten amount will be paid in the form of units. The subscription price for the underwriting compensation amounts to SEK 1.08 per unit, corresponding to SEK 0.09 per B-share, which is the same as the subscription price in the Rights Issue. No compensation is paid for the subscription commitments that have been entered into.

    The Board considers it favorable for the Company to offer compensation to the underwriters in the form of units instead of cash, as it positively impacts the Company’s liquidity. The subscription price in the directed issue to the underwriters was negotiated at arm’s length during the arrangement of the underwriting commitments, in consultation with the financial advisor and after an analysis of usual market factors.

    Shares, share capital and dilution
    Through the First Directed Issue, the number of B-shares in the Company will increase by 97,557,801 B-shares, from 1,193,741,451 B-shares to 1,291,299,252 B-shares. The Company’s share capital will thus increase by SEK 975,578.010, from SEK 11,937,414.510 to SEK 12,912,992.520. The newly issued shares in the First Directed Issue will result in a total dilution effect of approximately 7.6 percent of the number of B-shares and votes in the Company.

    Through the Second Directed Issue, the number of B-shares in the Company will increase by 180,219,930 B-shares, from 1,291,299,252 B-shares to 1,471,519,182 B-shares. The Company’s share capital will increase by SEK 1,802,199.300, from SEK 12,912,992.520 to SEK 14,715,191.820. The newly issued shares in the Second Directed Issue will result in a further dilution effect of approximately 12.2 percent of the number of B-shares and votes in the Company. The dilution effect, the specified number of B-shares and the share capital before and after the Second Directed Issue, consider the B-shares issued in the First Directed Issue.

    The Directed Issues will result in a total dilution effect of 18.9 percent of the number of B-shares and votes in the Company. Through the Directed Issues, the number of B-shares in the Company will increase by 277,777,731 B-shares, from 1,193,741,451 B-shares to 1,471,519,182 B-shares. The Company’s share capital will thus increase by SEK 2,777,777.310, from SEK 11,937,414.510 to SEK 14,715,191.820.

    Upon full subscription in the Rights Issue, the number of B-shares in Terranet will increase by up to an additional 166,568,568 B-shares, from 1,471,519,182 B-shares to 1,638,087,750 B-shares, and the share capital will increase by up to SEK 1,665,685.680, from SEK 14,715,191.820 to SEK 16,380,877.500. For existing shareholders who do not participate in the Rights Issue, this corresponds to an additional dilution effect of approximately 10.2 percent of the votes and share capital in the Company upon full subscription.

    The total dilution effect from full subscription in the Rights Issue, together with the Directed Issues, amounts to approximately 27.1 percent.

    Upon full exercise of all warrants of series TO9 B within the scope of the offered units, the number of B-shares in Terranet will increase by up to an additional maximum of 83,729,677 B-shares, from 1,638,087,750 B-shares to 1,721,817,427 B-shares, and the share capital will increase by up to SEK 837,296.770, from SEK 16,380,877.500 to SEK 17,218,174.270. Full exercise of all warrants of series TO9 B would result in an additional dilution effect of up to 4.9 percent.

    Preliminary timetable for the Rights Issue

    April 25, 2025 Last day of trading in B-shares including the right to receive unit rights
    April 28, 2025 First day of trading in B-shares excluding the right to receive unit rights
    April 29, 2025 Record date for the Rights Issue
    May 26, 2025 Disclosure of the Memorandum
    May 27, 2025 – June 5, 2025 Trading with unit rights
    May 27, 2025 – June 11, 2025 Subscripition period
    May 27, 2025 – June 30, 2025 Trading in paid subscribed units (BTU)
    June 13, 2025 Preliminary date for publication of the outcome in the Rights Issue

    Annual General Meeting
    The Board of Directors’ resolution regarding the Second Directed Issue and the Rights Issue is subject to approval by the Annual General Meeting, which will be held on May 23, 2025. A notice of the Annual General Meeting will be published in a separate press release.

    The Memorandum
    The complete terms and conditions of the Rights Issue, as well as other information about the Company, will be set out in the Memorandum, which will be published by the Company prior to the commencement of the subscription period. The Memorandum is expected to be published on the Company’s website, www.terranet.com, around May 26, 2025.

    Advisers
    Mangold Fondkommission AB is the financial advisor to Terranet in connection with the Directed Issues and the Rights Issue. Eversheds Sutherland Advokatbyrå AB is the legal advisor to the Company in connection with the Directed Issues and the Rights Issue.

    For more information, please contact:
    Dan Wahrenberg, CFO
    E-mail: dan.wahrenberg@terranet.se

    This information is such that Terranet AB is required to make public in accordance with the EU’s Market Abuse Regulation (MAR). The information was made public by the Company’s contact person above on April 16, 2025, at 18:00 CET.

    About Terranet AB (publ) 
    Terranet’s goal is to save lives in urban traffic. The company develops innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV). Terranet’s anti-collision system BlincVision laser scans and detects road objects up to ten times faster than any other ADAS technology available today.
    The company is headquartered in Lund, with offices in Gothenburg and Stuttgart. Since 2017, Terranet has been listed on Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B). Follow our journey at: www.terranet.se

    Certified Adviser to Terranet is Mangold Fondkommission AB.

    Important information
    The release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions. The recipients of this press release in jurisdictions where this press release has been published or distributed shall inform themselves of and follow such restrictions. The recipient of this press release is responsible for using this press release, and the information contained herein, in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in Terranet in any jurisdiction, neither from Terranet nor anyone else.

    This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States. The information in this press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, within or into Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, South Africa, the United States or in any other jurisdiction where such announcement, publication or distribution of the information would not comply with applicable laws and regulations or where such actions are subject to legal restrictions or would require additional registration or other measures than what is required under Swedish law. Actions taken in violation of this instruction may constitute a crime against applicable securities laws and regulations.

    Attachment

    The MIL Network –

  • MIL-OSI: Publication of the 2024 Universal Registration Document

    Source: GlobeNewswire (MIL-OSI)

    Publication of the 2024 Universal Registration Document

    Amundi announces the filing of its 2024 Universal Registration Document, French version, to the French securities regulator, the Autorité des Marchés Financiers (AMF), on 16 April 2025, under the registration number D.25-0272.

    This 2024 Universal Registration Document and its free translation into English are available now on the websites of Amundi (http://about.amundi.com for the English version) and, in French only, of the AMF (www.amf-france.org). It is also available at Amundi Head office, 91-93, boulevard Pasteur, 75015 Paris.

    The following documents are included in the 2024 Universal Registration Document:

    • the 2024 annual financial report;
    • the integrated report;
    • the sustainability statement;
    • the report on corporate governance;
    • information relating to the fees of statutory auditors.

    About Amundi

    As Europe’s leading asset manager among the world’s top 10 players1, Amundi offers its 100m clients – individuals, institutions and corporates – a full range of savings and investment solutions in active and passive management, in traditional and real assets. This offer is enriched with services and technological tools that cover the entire savings value chain. A subsidiary of the Crédit Agricole group, Amundi is listed on the stock exchange and currently manages more than €2.2tn in assets under management2.

    Its six international management platforms3, its financial and extra-financial research capacity, as well as its long-standing commitment to responsible investment make it a leading player in the asset management landscape.

    Amundi’s clients benefit from the expertise and advice of 5,700 professionals in 35 countries.

    Amundi, a trusted partner that acts every day in the interest of its clients and society.

    www.amundi.com  

    Press contacts:        
    Natacha Andermahr 
    Tel. +33 1 76 37 86 05
    natacha.andermahr@amundi.com 

    Corentin Henry
    Tel. +33 1 76 36 26 96
    corentin.henry@amundi.com

    Investor contacts:
    Cyril Meilland, CFA
    Tel. +33 1 76 32 62 67
    cyril.meilland@amundi.com 

    Thomas Lapeyre
    Tel. +33 1 76 33 70 54
    thomas.lapeyre@amundi.com 

    Annabelle Wiriath

    Tel. + 33 1 76 32 43 92

    annabelle.wiriath@amundi.com

    1Source: IPE “Top 500 Asset Managers” published in June 2024 based on assets under management as of 31/12/2023
    2Amundi data as of 31/12/2024
    3Boston, Dublin, London, Milan, Paris and Tokyo

    Attachment

    The MIL Network –

  • MIL-OSI Africa: New business rescue practitioner appointed for troubled North West Transport Investment

    Source: South Africa News Agency

    The appointment of Mahomed Mahier Tayob as the new Business Rescue Practitioner (BRP) for the troubled North West Transport Investment (NTI) has been welcomed.

    This follows the recent Gauteng High Court’s ruling in favour of the North West Department of Community Safety and Transport Management, which led to the removal of the then BRP, Thomas Hendrick Samons.

    The department confirmed that NTI had applied for a voluntarily business rescue in July 2022, after facing financial difficulties.

    According to the department, Samons was tasked with turning the entity around to make it more sustainable and to generate income to pay creditors, primarily the employees. 

    However, he failed to account for the funds that the government had injected into the entity.

    The BRP also failed to pay salaries, which resulted in the cancellation of employees’ medical aid coverage, as well as the non-payment of their pay-as-you-earn (PAYE) and Unemployment Insurance Fund (UIF) contributions.

    The salaries of over 1 500 employees at NTI companies were not paid from September to December 2022, March to May 2023, June to November 2023, and February to March 2024.

    The NTI group, through its subsidiary Northwest Star, was established in 1973 as a wholly owned company of the North West Provincial Government and has served as the primary transport source in the province for decades.

    NTI can still be rescued

    Meanwhile, the Portfolio Committee on Community Safety and Transport Management, led by Freddy Sonakile, said it remains resolute in its belief that NTI can still be rescued. 

    “To this end, we will conduct a follow-up oversight visit to the NTI headquarters and depots within a month to assess the current state of the entity and to receive the official turnaround plan from both the newly appointed BRP and the department.

    “We note with concern that the former BRP, Mr Thomas Sammons, has launched a further appeal against the ruling. However, we take comfort in the fact that the Court invoked Section 18 of the Superior Courts Act, which ensures that the judgment is enforceable despite any application for leave to appeal,” said Sonakile.

    The committee expressed concern that the BRP continues to issue correspondence despite his removal.

    “What is deeply alarming, however, is the information received by the committee indicating that Mr Sammons continues to issue correspondence to NTI staff purporting to act as the BRP, despite his removal. Should these allegations prove to be true, we call on the department to urgently investigate this matter, and to lay criminal charges for fraud where appropriate.” 

    The committee has also called on the new BRP to prioritise a comprehensive turnaround strategy, within the 25-day window prescribed by the Companies Act.

    “At the heart of this plan must be the regularisation of NTI’s structural challenges, the restoration of salary payments to its employees who have suffered prolonged uncertainty, and a clear audit of previous disciplinary processes, many of which were reportedly handled arbitrarily,” said the Chairperson.

    The have since committed to maintaining its strict oversight role to ensure accountability, transparency, and ultimately, the restoration of NTI as a viable public transport entity that can serve the people of the North West with reliability and dignity.

    The department stated that Tayob is a senior BRP with impressive qualifications obtained from South Africa and the United Kingdom.

    “Among other entities Mr Tayob has rescued, include a State bus company in Gauteng and has also investigated R2.6 billion investment scheme on behalf of the Hawks.” 

    According to the department, Tayob will collaborate closely with Dr Ntlhopeng Dikobe, who has been appointed by the department as the Acting CEO of NTI. 

    Tayob is also expected to present a turnaround plan and provide regular reports to the shareholder representative, ensuring that NTI is restored to profitability. – SAnews.gov.za
     

    MIL OSI Africa –

  • MIL-OSI: NextNav Announces Appointment of H. Wyman Howard and Lorin Selby to its Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., April 16, 2025 (GLOBE NEWSWIRE) — NextNav Inc. (NASDAQ: NN), a leader in next-generation position, navigation and timing (PNT) and 3D geolocation, today announced that its board of directors has elected Rear Admiral H. Wyman Howard and Rear Admiral Lorin Selby to serve as board members, effective May 1, 2025.

    “We are honored to welcome Rear Admiral Howard and Rear Admiral Selby to the NextNav Board of Directors,” said Mariam Sorond, NextNav’s Chief Executive Officer and Board Chair. “Their extensive military and national security leadership, experience in technology research and development, and management capabilities will be invaluable to NextNav as we execute on our strategic goals in providing a terrestrial backup and complement to GPS to address a major national security threat.”

    Rear Admiral Howard (Retired) served 32 years in the U.S. Navy, including serving most recently as Commander, Naval Special Warfare Command and previously as Commander, Special Operations Command Central, Assistant Commander, Joint Special Operational Command, and Director of Operations for the National Geospatial-Intelligence Agency. He has commanded at all levels of naval special operations, including as the commanding officer of the Naval Special Warfare Development Group from 2011-2013. Admiral Howard also serves on the board of Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER), an aerial firefighting and aerospace services company, and Invitation Homes Inc. (NYSE: INVH), a single-family home leasing and management company. Admiral Howard graduated from the United States Naval Academy and holds a Master of Business Administration from the TRIUM consortium of the London School of Economics, HEC Paris School of Management, and New York University’s Stern School of Business. Admiral Howard holds a Master of Science in National Security and Resource Strategy with a focus on commercial, civil, and military space sectors from the Eisenhower School and a Professional Certificate in Artificial Intelligence and Business Strategy from the Massachusetts Institute of Technology’s Computer Science and Artificial Intelligence Laboratory.

    Rear Admiral Selby (Retired) served nearly 37 years in the U.S. Navy, including serving most recently as the Chief of Naval Research, leading the workforce at the Office of Naval Research and the Naval Research Laboratory where they develop leading-edge technologies for the Navy and Marine Corps. Prior assignments include serving as the Commander of the Naval Surface Warfare Centers and as the Chief Engineer of the United States Navy and Deputy Commander for Ship Design, Integration, and Naval Engineering at the Naval Sea Systems Command, where he drove innovation, optimized performance, and generated new ways of doing business. Admiral Selby also held highly visible roles like the Deputy Director of the Navy Office of Legislative Affairs to the U.S. House of Representatives and command of a fast-attack nuclear submarine. Following his retirement, he has taken on various consulting roles, advising small and mid-sized technology companies. He currently serves as President and CEO of Selby Partners Consulting LLC and is a founding partner in a maritime-focused growth equity fund, Mare Liberum Capital Partners. Admiral Selby holds a B.S. in Nuclear Engineering from the University of Virginia, an M.S. in Nuclear Engineering, and a Nuclear Engineer Degree from the Massachusetts Institute of Technology. He has also completed extensive executive business coursework, and his achievements have been recognized through numerous personal and unit awards.

    About NextNav
    NextNav Inc. (Nasdaq: NN) is a leader in next-generation positioning, navigation and timing (PNT), enabling a whole new ecosystem of applications and services that rely upon 3D geolocation and PNT technology. Powered by low-band licensed spectrum, NextNav’s positioning and timing technologies deliver accurate, reliable, and resilient 3D PNT solutions for critical infrastructure, GPS resiliency and commercial use cases.

    For more information, please visit https://nextnav.com/ or follow NextNav on X at https://x.com/NextNav or LinkedIn at https://www.linkedin.com/company/nextnav/.

    Source: NN-FIN

    Contacts:
    Investor Contact:
    IR@nextnav.com

    Media Contact:
    NNmedia@nextnav.com

    The MIL Network –

  • MIL-OSI USA: Oilfield Company, Its Executive, and a Support Services Company Plead Guilty and Are Sentenced for Worker Safety, Clean Air Act, and Safe Drinking Water Act Violations Resulting in the Death of an Employee and His Spouse

    Source: US State of North Dakota

    Aghorn Operating and Kodiak Roustabout to Pay $1.4M in Criminal Fines; Aghorn VP to Serve Five Months in Prison

    Aghorn Operating Inc., an oilfield company, Trent Day, an executive of Aghorn, and Kodiak Roustabout Inc., entered guilty pleas and were sentenced yesterday in relation to criminal worker safety and federal clean air and safe drinking water violations. According to court documents, Aghorn owns and operates oil wells in and near Odessa, Texas. Odessa is in the Permian basin where oil reserves are “sour,” meaning they have high hydrogen sulfide content. Hydrogen sulfide gas can be deadly at high concentrations.

    The case leading to these pleas is the result of an investigation of the Oct. 26, 2019, death of Aghorn employee Jacob Dean and his wife Natalee Dean. Both were overcome by hydrogen sulfide at an Aghorn facility in Odessa.

    Day agreed to plead guilty to a Clean Air Act (CAA) negligent endangerment charge and serve five months in prison. Aghorn pleaded guilty to CAA negligent endangerment and an Occupational Safety and Health Act willful violation count for the death of Jacob Dean. Kodiak pleaded guilty to a felony violation of the Safe Drinking Water Act for falsifying oil well integrity tests. Aghorn will pay a $1 million criminal fine and Kodiak will pay a $400,000 criminal fine. These pleas were made under agreements the defendants entered into with the United States. Under the agreements, other pending charges will be dismissed. Yesterday, the court accepted the defendants’ guilty pleas and sentenced them in accordance with their plea agreements.

    “Through these guilty pleas, the defendants accept responsibility for allowing hazards that should have been prevented,” said Acting Assistant Attorney General Adam Gustafson of the Justice Department’s Environment and Natural Resources Division (ENRD). “If they had done what the law requires, Jacob and Natalee might still be with us today. The Justice Department can’t stand by when employers put workers at such risk.”

    “Energy production is vital, but it must be done competently and lawfully,” said Acting Assistant Administrator Jeffrey Hall of the Environmental Protection Agency (EPA)’s Office of Enforcement and Compliance Assurance. “Operators who gravely endanger and kill others and those who lie to the government will be held accountable for their criminal conduct. EPA’s criminal investigation of these tragic deaths led to today’s plea deal.”

    According to a factual statement accepted by Day and Aghorn, Jacob Dean responded to a call to check a pump at an Aghorn facility. There, he encountered deadly hydrogen sulfide gas, was overcome, and died. His wife, Natalee Dean, knew where Jacob had gone and started calling him when he did not return in a timely manner. When those calls went unanswered, Natalee drove to the facility. When Natalee arrived at the facility, she was also overcome while looking for Jacob and died.

    Trent Day admitted that he should have controlled hydrogen sulfide emissions as part of his duties and that because he did not, he placed others in imminent danger of death. Aghorn admitted the same criminal negligence and to a separate charge that it willfully violated the Occupational Safety and Health Act regulations requiring companies to implement respiratory protection programs to address hazards like those at the facility. In addition to paying a $1 million fine, the company will maintain a set of improvements it made after the tragedy during its period of probation.

    The investigation also uncovered false statements by Kodiak about injection well testing related to Aghorn’s oil operations. The mechanical integrity of an injection well must be evaluated by conducting pressure tests. These tests are part of programs under the Safe Drinking Water Act to prevent leaks from those wells. Such leaks could, under some circumstances, contaminate groundwater. In its plea agreement, Kodiak admitted that it sent forms and charts to the Texas Railroad Commission, claiming they were tests for specific wells when Kodiak knew they were not actual records of tests of those wells. Kodiak, in addition to its $400,000 fine, will guarantee that at least 33 tests conducted for Aghorn wells during its year of probation are witnessed or conducted by a third party.

    The EPA’s Criminal Investigation Division investigated the case. The Justice Department and EPA would like to thank the Texas Commission on Environmental Quality, the Texas Railroad Commission, Ector County Environmental, and the Odessa Fire Department for their support of the investigation.

    Senior Trial Attorney Christopher Costantini, Trial Attorney Mark Romley, and Assistant Section Chief Thomas T. Ballantine of ENRD’s Environmental Crimes Section are prosecuting the case.  

    MIL OSI USA News –

  • MIL-OSI Security: Oilfield Company, Its Executive, and a Support Services Company Plead Guilty and Are Sentenced for Worker Safety, Clean Air Act, and Safe Drinking Water Act Violations Resulting in the Death of an Employee and His Spouse

    Source: United States Attorneys General 1

    Aghorn Operating and Kodiak Roustabout to Pay $1.4M in Criminal Fines; Aghorn VP to Serve Five Months in Prison

    Aghorn Operating Inc., an oilfield company, Trent Day, an executive of Aghorn, and Kodiak Roustabout Inc., entered guilty pleas and were sentenced yesterday in relation to criminal worker safety and federal clean air and safe drinking water violations. According to court documents, Aghorn owns and operates oil wells in and near Odessa, Texas. Odessa is in the Permian basin where oil reserves are “sour,” meaning they have high hydrogen sulfide content. Hydrogen sulfide gas can be deadly at high concentrations.

    The case leading to these pleas is the result of an investigation of the Oct. 26, 2019, death of Aghorn employee Jacob Dean and his wife Natalee Dean. Both were overcome by hydrogen sulfide at an Aghorn facility in Odessa.

    Day agreed to plead guilty to a Clean Air Act (CAA) negligent endangerment charge and serve five months in prison. Aghorn pleaded guilty to CAA negligent endangerment and an Occupational Safety and Health Act willful violation count for the death of Jacob Dean. Kodiak pleaded guilty to a felony violation of the Safe Drinking Water Act for falsifying oil well integrity tests. Aghorn will pay a $1 million criminal fine and Kodiak will pay a $400,000 criminal fine. These pleas were made under agreements the defendants entered into with the United States. Under the agreements, other pending charges will be dismissed. Yesterday, the court accepted the defendants’ guilty pleas and sentenced them in accordance with their plea agreements.

    “Through these guilty pleas, the defendants accept responsibility for allowing hazards that should have been prevented,” said Acting Assistant Attorney General Adam Gustafson of the Justice Department’s Environment and Natural Resources Division (ENRD). “If they had done what the law requires, Jacob and Natalee might still be with us today. The Justice Department can’t stand by when employers put workers at such risk.”

    “Energy production is vital, but it must be done competently and lawfully,” said Acting Assistant Administrator Jeffrey Hall of the Environmental Protection Agency (EPA)’s Office of Enforcement and Compliance Assurance. “Operators who gravely endanger and kill others and those who lie to the government will be held accountable for their criminal conduct. EPA’s criminal investigation of these tragic deaths led to today’s plea deal.”

    According to a factual statement accepted by Day and Aghorn, Jacob Dean responded to a call to check a pump at an Aghorn facility. There, he encountered deadly hydrogen sulfide gas, was overcome, and died. His wife, Natalee Dean, knew where Jacob had gone and started calling him when he did not return in a timely manner. When those calls went unanswered, Natalee drove to the facility. When Natalee arrived at the facility, she was also overcome while looking for Jacob and died.

    Trent Day admitted that he should have controlled hydrogen sulfide emissions as part of his duties and that because he did not, he placed others in imminent danger of death. Aghorn admitted the same criminal negligence and to a separate charge that it willfully violated the Occupational Safety and Health Act regulations requiring companies to implement respiratory protection programs to address hazards like those at the facility. In addition to paying a $1 million fine, the company will maintain a set of improvements it made after the tragedy during its period of probation.

    The investigation also uncovered false statements by Kodiak about injection well testing related to Aghorn’s oil operations. The mechanical integrity of an injection well must be evaluated by conducting pressure tests. These tests are part of programs under the Safe Drinking Water Act to prevent leaks from those wells. Such leaks could, under some circumstances, contaminate groundwater. In its plea agreement, Kodiak admitted that it sent forms and charts to the Texas Railroad Commission, claiming they were tests for specific wells when Kodiak knew they were not actual records of tests of those wells. Kodiak, in addition to its $400,000 fine, will guarantee that at least 33 tests conducted for Aghorn wells during its year of probation are witnessed or conducted by a third party.

    The EPA’s Criminal Investigation Division investigated the case. The Justice Department and EPA would like to thank the Texas Commission on Environmental Quality, the Texas Railroad Commission, Ector County Environmental, and the Odessa Fire Department for their support of the investigation.

    Senior Trial Attorney Christopher Costantini, Trial Attorney Mark Romley, and Assistant Section Chief Thomas T. Ballantine of ENRD’s Environmental Crimes Section are prosecuting the case.  

    MIL Security OSI –

  • MIL-OSI Security: Red Deer — Red Deer RCMP execute multiple warrants

    Source: Royal Canadian Mounted Police

    On Apr. 1, 2025, Red Deer RCMP executed multiple search warrants resulting in the arrest of multiple individuals.

    Red Deer RCMP were notified that an individual wanted on outstanding warrants was believed to be in the Red Deer area. Officers from the Red Deer RCMP General Investigations Unit (GIS) located the individual’s vehicle at a hotel located in north Red Deer. The Red Deer RCMP Crime Reduction Team (CRT) obtained a Feeney warrant to arrest the suspect.

    A 41-year old resident of Patricia, Alta, was arrested for outstanding warrants based out of Brooks, Alta., these warrants include:

    • Possession of weapon for a dangerous purpose
    • Uttering threats
    • Fail to comply

    While officers were on scene, a stolen vehicle was observed in the parking lot. A separate warrant was obtained and as a result, a 50-year-old resident of Leduc County, Alta., has been charged with the following offences:

    • Possession of a controlled substance
    • Possession of property obtained by crime over $5000
    • Possession of property obtained by crime under $5000
    • Breach Release Order

    The 50-year-old individual was released on an Undertaking, with conditions, and is scheduled to appear in court on May 28, 2025, at the Alberta Court of Justice in Red Deer.

    Thank you to Brooks GIS, Red Deer GIS, Red Deer CRT, Police Dog Services, Air Services, the Emergency Response Team and Red Deer RCMP General Duty officers for helping to bring this matter to a safe and successful conclusion

    MIL Security OSI –

  • MIL-OSI: Surgent Unveils New Lineup of Continuing Professional Education (CPE) Courses on CPA Day 2025

    Source: GlobeNewswire (MIL-OSI)

    RADNOR, Pa., April 16, 2025 (GLOBE NEWSWIRE) — Surgent CPE, a leader in continuing professional education for accounting and finance professionals, on April 16 — in celebration of CPA Day — announced the launch of nearly 50 new CPE courses as the 2025 post-busy season begins.

    These courses arrive just after the tax filing and year-end audit report deadlines — a critical time for CPAs to pivot their focus toward fulfilling their CPE credit requirements by the June 30 deadline and before summer breaks.

    “Understanding the pressing needs of our audience, Surgent is excited to offer a robust selection of timely and practical courses that empower accounting professionals to stay ahead in a dynamic industry,” said Elizabeth Kolar, executive vice president and managing director of Surgent. “Our new offerings include engaging webinars and on-demand options ensuring busy professionals can select learning paths that fit their schedules.”

    This new CPE lineup includes 30 live webinars starting April 22, along with 18 new on-demand Microsoft Excel and Power BI courses, which are available now for immediate access.

    Nick Spoltore, vice president of tax and advisory content at Surgent, emphasized the importance of staying informed post-tax season. “With new tax laws expected to emerge in 2025, our tax-focused courses provide essential tools for enhancing practitioner effectiveness and delivering value to clients,” said Spoltore.

    For professionals navigating the growing influence of technology in accounting, the addition of five specialized courses on artificial intelligence will enhance knowledge and skills in this critical area.

    Jack Castonguay, Surgent’s vice president of learning and development, highlighted the relevance of the AI-focused courses, “These courses are designed to help professionals harness the power of generative artificial intelligence and data analysis tools such as Excel and Power BI, thereby transforming how they analyze complex information.”

    The new CPE offerings cover a variety of fields of study, including courses on taxes (12), information technology (12), specialized knowledge (three), governmental auditing (two) and regulatory ethics (one).

    New Live Webinars:

    On-Demand Webcasts: The 18 new on-demand Microsoft Excel and Power BI courses can be accessed immediately via Surgent’s course catalog here.

    Surgent CPE remains committed to delivering flexible, relevant and premium CPE content tailored for busy professionals. With a goal to keep accounting and finance professionals at the forefront of industry changes, Surgent offers unmatched resources to foster ongoing career development.

    Professionals can now register for the nearly 50 new courses through the Surgent CPE website, providing the flexibility needed to earn CPE credits while balancing their busy schedules.

    For further details about the new course offerings, please visit SurgentCPE.com.

    About Surgent Accounting & Financial Education
    Surgent Accounting & Financial Education, a division of KnowFully Learning Group, is a provider of the high-impact education experiences that accounting, tax and financial professionals need throughout their careers. For most of the company’s 40-year history, Surgent has been a trusted provider of continuing professional education (CPE), continuing education (CE) and skill-based training that professionals need to maintain their credentials and stay current on industry changes. More recently, Surgent became one of the fastest-growing certification exam review providers, offering adaptive learning-based courses that help learners pass accounting and finance credentialing exams faster. Learn more at Surgent.com.

    About KnowFully Learning Group
    The KnowFully Learning Group provides continuing professional education, exam preparation courses and education resources to the accounting, finance and healthcare sectors. KnowFully’s suite of learning solutions helps learners become credentialed, satisfy required credit hours to maintain credentials and stay informed on the latest trends and critical changes in their industries over the course of their careers. The company provides exam preparation and continuing education for accounting, finance and tax professionals headlined by the Surgent Accounting & Financial Education brand. KnowFully’s healthcare education brands include American Fitness Professionals & Associates, ChiroCredit, freeCE, Impact EMS Training, Online CE, PharmCon, Rx Consultant and Psychotherapy.net. For more information, please visit KnowFully.com.

    Contact:
    marketing@surgent.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/362cc968-4df5-431f-bb4a-d5b2c183deed

    The MIL Network –

  • MIL-OSI Security: New Orleans Man Pleads Guilty to Federal Drug and Weapons Offenses

    Source: Federal Bureau of Investigation (FBI) State Crime News

    NEW ORLEANS, LOUISIANA – Acting U.S. Attorney Michael M. Simpson announced that on April 10, 2025, DJOHN BRYANT (“BRYANT”), age 32, pleaded guilty before U.S. District Judge Eldon E. Fallon to possession with intent to distribute controlled substances, in violation of Title 21, United States Code, Sections 841(a)(1), 841(b)(1)(C), and 841(b)(1)(D) and possessing a firearm in furtherance of that drug trafficking crime, in violation of Title 18, United States Code, Section 924(c)(1)(A)(i). 

    According to court documents, on or about February 4, 2024, New Orleans Police Department (NOPD) officers observed BRYANT conducting drug transactions.  Upon arresting him, officers found that BRYANT possessed cocaine, fentanyl, methamphetamine, oxycodone, tapentadol, marijuana, and a Glock Model 27, .40 caliber handgun and ammunition.

    As to the drug trafficking charges, BRYANT faces up to twenty years in prison, up to a $1,000,000 fine, and at least three years of supervised release.  As to the charge of possessing a firearm in furtherance of a drug trafficking crime, he faces a mandatory minimum sentence of five years up to life in prison, which is to run consecutively to all other sentences, up to a $250,000 fine, and up to five years of supervised release. Each count also carries a mandatory special assessment fee of $100.

    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 (OCDETFs) and Project Safe Neighborhood (PSN).

    The case was investigated by the Federal Bureau of Investigation and the New Orleans Police Department.  It is being prosecuted by Special Assistant United States Attorney James Ollinger of the Violent Crime Unit.

    MIL Security OSI –

  • MIL-OSI Security: Previously Convicted Armed Fentanyl Dealer Sentenced to Prison

    Source: Office of United States Attorneys

    ATLANTA – Alexander Arellano has been sentenced to federal prison for distributing large amounts of fentanyl in the Atlanta area while possessing firearms.

    “Fentanyl traffickers pose a tremendous threat to public safety especially when they illegally possess firearms in furtherance of their drug trafficking crimes,” said Acting U.S. Attorney Richard S. Moultrie, Jr.  “Defendants like Arellano who peddle this poison in our communities are being held accountable, including through lengthy prison sentences, thanks to the collaborative work of our federal, state, and local law enforcement partners.”

    “Arellano endangered countless lives by trafficking large quantities of deadly fentanyl,” Jae W. Chung, the Acting Special Agent in Charge of the DEA Atlanta Division commented on the case. “The success of this investigation is proof that those destroying our communities with fentanyl will be held accountable.” 

    According to Acting U.S. Attorney Moultrie, the charges and other information presented in court:  On May 3, 2024, special agents of the Drug Enforcement Administration saw Arellano sell a half kilogram of fentanyl to another individual in a Marietta gas station parking lot.  Agents followed Arellano back to an apartment on Windy Hill Road in Marietta.  A short time later, Arellano was arrested at the apartment complex and agents obtained a federal search warrant for his apartment. 

    During the search, agents found 10 kilograms of fentanyl, two loaded firearms, including an AK-47 pistol, and $120,000 in cash inside a bedroom belonging to Arellano.  Arellano had been previously convicted for trafficking methamphetamine and was on probation at the time of his arrest. 

    Alexander Arellano, 25, of Atlanta, Ga., was sentenced on April 14, 2025, by United States District Judge William M. Ray II to 13 years, three months in prison, followed by four years of supervised release.  He was convicted of conspiracy to possess with intent to distribute a controlled substance and possession of a firearm in furtherance of a drug trafficking crime, after he pleaded guilty to the charges on August 29, 2024.

    This case was investigated by the Drug Enforcement Administration, with valuable assistance provided by the Georgia Bureau of Investigation and the Cobb County Police Department.

    Assistant United States Attorney Bethany L. Rupert prosecuted the case

    For further information please contact the U.S. Attorney’s Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6280.  The Internet address for the U.S. Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga.

    MIL Security OSI –