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Category: Finance

  • MIL-OSI United Kingdom: Council and Ukrainian Embassy reinforce York’s support for Ukraine

    Source: City of York

    Leaders from City of York Council met yesterday with representatives from the Ukrainian Embassy in the UK to discuss how York can continue supporting Ukraine and Ukrainians.

    Cllr Claire Douglas, Leader of City of York Council, and Cllr Katie Lomas, Executive Member for Finance, Performance, Major Projects, Human Rights, Equality and Inclusion, welcomed Mr Oleksandr Yurkin, Counsellor for Consular Issues, and Ms Inna Pylypchuk, who is responsible for interregional and twinning cooperation at the Ukrainian Embassy.

    During the meeting, which took place at the council’s West Offices headquarters, Cllr Douglas highlighted York’s continued support for its Ukrainian community, particularly those who arrived in the city after fleeing the war.

    Since 2022, a total of 419 Ukrainians have arrived in York as part of the Homes for Ukraine scheme, with 223 York households offering accommodation to the new arrivals.

    Through a dedicated Homes for Ukraine team, the council has provided help, including financial support, longer-term housing, employment and education, health, and more to both guests and hosts.

    The meeting also marked another step forward in developing closer ties between York and the city of Lviv, following the passing of a council motion in 2022.

    Lviv is situated in the west of Ukraine, approximately seventy miles from the Polish border and has a population of just over 700,000. Lviv’s centre is a UNESCO World Heritage site, and like York, Lviv is a designated UNESCO Creative City, recognised for its literary culture.

    Cllr Claire Douglas, Leader of City of York Council, said:

    It was a privilege to welcome Mr Yurkin and Ms Pylypchuk to York this week to discuss our ongoing support for the Ukrainian community here and deepen our relationship with Lviv in the spirit of solidarity and friendship.

    “Our priority remains finding practical and meaningful ways to support both the people of Lviv, and our Ukrainian guests in York and we will continue to do this, with the support of our communities across the city.”

    Oleksandr Yurkin, Head of Consular Section at the Embassy of Ukraine in London, said:

    Our visit to York and meeting with City of York Council leaders was a powerful reminder of the strength of international partnerships in times of crisis.

    “We are deeply grateful for the solidarity shown by the people of York and look forward to growing our relationship through shared understanding, cultural exchange, and future cooperation between York and Lviv.”
     

    MIL OSI United Kingdom –

    April 16, 2025

  • MIL-OSI USA: Maryland Man Convicted of Failing to Pay Payroll Taxes

    Source: US State Government of Utah

    A federal jury convicted a Maryland man yesterday of 16 counts of failing to collect and pay over payroll taxes.

    The following is according to court documents and evidence presented at trial: Brett Hill, of Parkton and Berlin, was the Chief Executive Officer of two telecommunications companies. As such, Hill was responsible for withholding federal income, Social Security, and Medicare taxes from his employees’ wages and paying those funds over to the government. He was also responsible for filing tax returns each quarter and for paying over the companies’ share of Social Security and Medicare taxes. From the second quarter of 2016 through fourth quarter of 2018, Hill withheld taxes from his employees’ wages at one or both of his companies but did not file tax returns or pay those taxes over to the government. Hill did not pay over his companies’ share either. Instead of paying the taxes he withheld from his employees’ paychecks, Hill paid himself a salary and paid other expenses.

    In total, Hill caused a tax loss to the United States of over $1 million.

    Hill will be sentenced at a later date. He faces a maximum penalty of five years in prison for each count of failing to collect and pay over taxes. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Acting Deputy Assistant Attorney General Karen E. Kelly of the Justice Department’s Tax Division made the announcement.

    IRS Criminal Investigation is investigating the case.

    Trial Attorneys Shawn T. Noud and Catriona M. Coppler of the Tax Division are prosecuting the case.

    MIL OSI USA News –

    April 16, 2025

  • MIL-OSI Security: Maryland Man Convicted of Failing to Pay Payroll Taxes

    Source: United States Attorneys General 13

    A federal jury convicted a Maryland man yesterday of 16 counts of failing to collect and pay over payroll taxes.

    The following is according to court documents and evidence presented at trial: Brett Hill, of Parkton and Berlin, was the Chief Executive Officer of two telecommunications companies. As such, Hill was responsible for withholding federal income, Social Security, and Medicare taxes from his employees’ wages and paying those funds over to the government. He was also responsible for filing tax returns each quarter and for paying over the companies’ share of Social Security and Medicare taxes. From the second quarter of 2016 through fourth quarter of 2018, Hill withheld taxes from his employees’ wages at one or both of his companies but did not file tax returns or pay those taxes over to the government. Hill did not pay over his companies’ share either. Instead of paying the taxes he withheld from his employees’ paychecks, Hill paid himself a salary and paid other expenses.

    In total, Hill caused a tax loss to the United States of over $1 million.

    Hill will be sentenced at a later date. He faces a maximum penalty of five years in prison for each count of failing to collect and pay over taxes. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Acting Deputy Assistant Attorney General Karen E. Kelly of the Justice Department’s Tax Division made the announcement.

    IRS Criminal Investigation is investigating the case.

    Trial Attorneys Shawn T. Noud and Catriona M. Coppler of the Tax Division are prosecuting the case.

    MIL Security OSI –

    April 16, 2025

  • MIL-OSI Security: Helena real estate agent convicted of felony and fined $150,000 for failing to provide lead-based paint disclosures for veterans residing in Fort Harrison rental housing

    Source: Office of United States Attorneys

    HELENA – A Helena real estate agent and property manager who admitted to failing to provide lead-based paint disclosures as required to veterans residing in housing at Fort Harrison, in Helena, which resulted in the exposure of veterans and their families to significant levels of lead, was sentenced yesterday to three years of felony probation and fined $150,000, U.S. Attorney Kurt Alme said.

    Melanie Ann Carlin, 54, of Clancy, pleaded guilty in November 2024 to one felony count of knowing endangerment.

    Mold Wranglers, Inc., a Kalispell-based company that provides hazardous material mitigation services was also sentenced yesterday to two years of probation, a $50,000 fine, and $348,000 in restitution to be paid to the U.S. Department of Veterans Affairs for filing false reports for payment to a federal agency, claiming an abatement of lead paint was done at Freedom’s Path Fort Harrison when it was not.  The company pleaded guilty to one count of False Claims Act Conspiracy in November 2024.

    Chief U.S. District Judge Brian Morris presided.

    “We take seriously the obligation to ensure the safety of our veterans and their families and will continue to work with our agency partners to hold accountable individuals like Melanie Carlin and businesses like Mold Wranglers who cut corners and jeopardize their safety in order to turn a profit. I want to thank AUSA Ryan Weldon for his work on this case, as well as the investigators from HUD, the VA, and the EPA,” U.S. Attorney Alme said.

    “Melanie Carlin engaged in dangerous behavior by failing to provide lead-based paint disclosures for housing units which resulted in low-income veteran families and their children unknowingly being exposed to significant levels of lead,” said Special Agent in Charge Machelle Jindra with the U.S. Department of Housing and Urban Development (HUD) Office of Inspector General (OIG).  “HUD OIG remains steadfast in its commitment to working with our prosecutorial, law enforcement, and oversight partners to aggressively pursue individuals who engage in activities that threaten the integrity of HUD programs and our most vulnerable community members.” 

    “The VA OIG is dedicated to ensuring that veterans and their families receive VA services in a safe environment,” said Special Agent in Charge Dimitriana Nikolov with the Department of Veterans Affairs Office of Inspector General’s Northwest Field Office. “This sentencing reinforces that those who do not uphold safety and integrity standards will be held accountable.”

    “The defendant placed our military veterans and their children in danger by callously disregarding reporting and disclosure requirements for lead-based paint in rental properties. Lead poisoning can have catastrophic effects on young children and pregnant women,” said Acting Special Agent in Charge Catherine Holston for EPA’s Criminal Investigative Division. “Today’s sentence sends a message that the agency will hold accountable anyone who places our military veterans and their children in harm’s way by violating our environmental laws.”

    The government alleged in court documents that from September 2019 until September 2021, Carlin failed to provide lead-based paint disclosures as required, placing an individual in imminent danger of death and serious bodily injury and exposing low-income veteran families and their children at Freedom’s Path Fort Harrison to significant levels of lead.

    Carlin is the owner of 406 Properties, Inc, a property management service in Helena, and has more than 26 years of professional real estate experience. In 2018, Carlin agreed to provide property management services for rental units known as Freedom’s Path Fort Harrison. The rentals included multiple homes for military veterans to use as affordable housing. In May 2019, Carlin received and forwarded an email from the Montana Department of Commerce requesting information detailing any lead-based paint remediation completed on the homes because the buildings were constructed before 1978. The buildings were constructed in approximately 1895 and 1905.

    Despite the email, in June 2019, Carlin signed two Request for Tenancy Approval Forms for the Fort Harrison rentals. Carlin selected “lead-based paint disclosures do not apply because this property was built on or after January 1, 1978” on the form. Carlin knew the selections were false and did not provide lead-based paint disclosures to veterans seeking residence at Freedom’s Path Fort Harrison.

    In September 2019, Carlin attended a meeting to discuss lead-based paint that was peeling at Freedom’s Path Fort Harrison. The meeting agenda identified “lead-based paint peeling in the units – doors won’t shut, paint peels when attempt to shut door” and veterans have identified “chipped paint” in the units. At this point, Carlin knew the buildings were built prior to 1978, and she knew deteriorating lead-based paint was located inside the buildings.

    Despite Carlin’s knowledge and extensive real estate experience, she continued to sign forms indicating that the units were free of lead-based paint, or they were built after 1978, none of which was true. In addition, Carlin continued to fail to provide lead-based paint disclosures to the veterans and their families residing in the units.

    The government further alleged that in December 2020, Carlin failed to provide a lead-based paint disclosure to a veteran of Freedom’s Path Fort Harrison. In September 2021, an 18-month-old child in the veteran’s home was found eating paint chips inside the unit. Subsequent medical testing confirmed the child had elevated blood lead levels exceeding levels considered to be “very high” and required treatment for lead poisoning. Lead poisoning can have catastrophic effects on children and their development, and Congress requires a warning about the effects of lead poisoning be given when individuals lease homes built prior to 1978.

    When interviewed by federal agents, Carlin agreed she was familiar with the requirement to provide lead disclosures and confirmed that no lead disclosures were provided to veterans living in units at Freedom’s Path Fort Harrison. A review of the rental units confirmed lead was present in almost every unit, including the building where the 18-month-old child was present. A subsequent property management company corrected the omission by making lead disclosures to the veterans.

    The U.S. Attorney’s Office is prosecuting the case. The Environmental Protection Agency’s Criminal Investigation Division, the U.S. Veterans Affairs Office of Inspector General, and U.S. Department of Housing and Urban Development Office of Inspector General conducted the investigation.

    XXX

    MIL Security OSI –

    April 16, 2025

  • MIL-OSI Africa: G20 Finance Ministers set to meet in US

    Source: South Africa News Agency

    The Group of Twenty (G20) Finance Ministers and Central Bank Governors are set to convene a two-day meeting on the sidelines of the International Monetary Fund (IMF) and World Bank Spring Meetings, taking place in the United States, later this month.

    The G20 is an international forum of both developing and developed countries, which seeks to find solutions to global economic and financial issues. 

    This meeting is part of the Finance Track under South Africa’s G20 Presidency, which will gather Finance Ministers and Central Bank Governors of G20 member countries, invited countries, and international organisations to discuss global economic challenges, financial stability, and policies aimed at fostering economic growth. 

    South Africa’s G20 Presidency commenced on 1 December 2024 and will run until 30 November 2025. It is taking place under the theme: “Solidarity, Equality, and Sustainability.”

    The Finance Track is co-chaired by Finance Minister, Enoch Godongwana, and South African Reserve Bank Governor, Lesetja Kganyago. 

    G20 members include the world’s major economies, representing 85% of global GDP, 75% of international trade, and two-thirds of the world’s population.

    The G20 comprises 19 countries (including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, the United Kingdom, and the United States), the European Union, and since 2023, the African Union.

    The two-day meeting will take place from 23-24 April 2025, in Washington, D.C.

    MIL OSI Africa –

    April 16, 2025

  • MIL-OSI Africa: Call for stricter bail measures for crimes against wildlife

    Source: South Africa News Agency

    The Minister of Forestry, Fisheries and the Environment, Dr Dion George, has called for stricter bail measures for repeat offenders and foreign nationals with no fixed address who are accused of crimes against wildlife.

    The Department of Forestry, Fisheries and the Environment is actively engaging with the National Prosecuting Authority (NPA) and South African Police Service (SAPS) through platforms like the National Biodiversity Investigators Forum (NBIF) to enhance opposition to bail, particularly for repeat offenders and foreign nationals with no fixed address. 

    “These discussions focus on improving the quality of affidavits drafted by investigating officers to present stronger cases in court. The department is also sharing best-practice affidavits with investigators to ensure more effective bail opposition and is exploring options to secure funding for dedicated support to SAPS in these applications. 

    “Additionally, at the upcoming Environmental Management Inspectors (EMI) executive training in April 2025, the NPA will address bail-related issues, allowing for direct engagement with the Minister and other stakeholders,” the department said on Tuesday.

    In February, Thomas Chauke, a 54-year-old Zimbabwean national, was convicted and sentenced in the Makhanda High Court to 110 years’ imprisonment for rhino poaching and wildlife-related crimes.

    The Minister commended the SAPS, particularly the Stock Theft and Endangered Species (STES) Unit, for their meticulous investigation and dedication in securing this victory against rhino poaching and wildlife-related crimes.

    “Chauke’s conviction on six counts of rhino poaching and wildlife-related offences, alongside three counts of escaping lawful custody, underscores the government’s unwavering commitment to combatting environmental crime. 

    “This landmark sentencing, coupled with these strategic interventions, sends a powerful message to those involved in illegal wildlife trafficking and environmental destruction,” the Minister said.

    He applauded the collaborative efforts between the SAPS and the NPA, which ensured effective coordination and prosecution across multiple provinces, including the Eastern Cape, Gauteng, KwaZulu-Natal, and North West.

    George reiterated his support for ongoing efforts to protect South Africa’s precious biodiversity and natural heritage, ensuring that perpetrators face the full might of the law. –SAnews.gov.za

    MIL OSI Africa –

    April 16, 2025

  • MIL-OSI USA: Ahead of Tax Day, Warren, Wyden, Pocan Demand Intuit Explain Continued Efforts to Kill IRS’ Free Filing Alternative, Overcharge Taxpayers on TurboTax

    US Senate News:

    Source: United States Senator for Massachusetts – Elizabeth Warren

    Senator Warren’s office tested TurboTax, finding that a sample taxpayer would pay $128 to file her taxes using TurboTax’s “free” software, while being upsold multiple times in the process.

    Intuit spent nearly $4 million in 2023 and again in 2024 to sabotage “Direct File,” the IRS’ free tax filing program

    Washington, D.C. – Ahead of Tax Day, U.S. Senators Elizabeth Warren (D-Mass.), a member of the Senate Finance Committee, and Ron Wyden (D-Mass.), Ranking Member of the Senate Finance Committee, along with Representative Mark Pocan (D-Wisc.), pressed Intuit on the company’s lobbying to end Direct File, a free tool for taxpayers to file directly with the Internal Revenue Service (IRS), and its misleading sales tactics to upsell customers using TurboTax.  

    In 2024, the IRS launched Direct File, an online program that allows people with simple filing situations to file their taxes online for free and directly with the IRS. Direct File has helped hundreds of thousands of taxpayers file their taxes accurately and securely. The program received excellent reviews and has expanded to 25 states and over 30 million eligible Americans. 

    Despite Treasury Secretary Bessent’s promise to keep Direct File going through the 2025 tax filing season, the long-term future of the program continues to be threatened, in no small part due to Intuit’s lobbying. Intuit has spent nearly $4 million in 2023 and again in 2024 attempting to kill the program. During the 2024 election cycle, Intuit joined other commercial tax preparation companies to make large donations to Republican congressmembers who later worked to eliminate Direct File. Recent reports also indicate that some members of the Department of Government Efficiency (DOGE) hope to end Direct File entirely, and Republican lawmakers, bankrolled by Intuit, have continued to call on the Trump Administration to end the program.

    Intuit also has a history of misleading customers about costs, relentlessly upselling taxpayers, and misusing customer data. A simulated filing by Senator Warren’s office found that these efforts continue. Despite TurboTax’s promises that its services are free, Senator Warren’s office found that a sample taxpayer would pay $128 to file her taxes, while being upsold multiple times in the process. In comparison, the cost for that same taxpayer would be $0 on DirectFile with no upselling. 

    “It is unconscionable that Intuit is engaged in an ‘aggressive’ and ‘covert’ war on Direct File, which makes it easy and free for millions of taxpayers across the country to file their taxes, while misleading, upselling, and overcharging them for your own services. You should end these abusive tactics and relinquish your efforts to eliminate Direct File once and for all,” concluded the lawmakers.

    The lawmakers pressed Intuit for more information on its efforts to eliminate Direct File, its relentless upselling tactics through TurboTax, and its lobbying and donations over the last year. 

    Senator Warren is leading voice in advocating for low-income taxpayers and for improved IRS resources: 

  • In February 2025, Senators Elizabeth Warren and Bill Cassidy (R-La.) reintroduced the Internal Revenue Service Math and Taxpayer Help (IRS MATH) Act, to improve math error notices — an Internal Revenue Service (IRS) authority used to quickly adjust taxpayers’ returns.

  • In January 2025, Senator Elizabeth Warren led over 135 members of Congress in writing to Treasury Secretary-Designate Scott Bessent and Internal Revenue Services’ (IRS) Commissioner-Designate Billy Long, urging them to maintain and expand the IRS’ Direct File program. 

  • In October 2024, Senators Elizabeth Warren, Ron Wyden (D-Ore.), and Representative Katie Porter (D-Calif.) wrote to the Department of the Treasury and the Internal Revenue Service urging the agencies to make the Direct File tax filing program more secure and accessible by ending reliance on ID.me, which uses a flawed facial recognition software.

  • In April 2024, following the 2024 tax filing deadline, at a hearing of the U.S. Senate Committee on Finance, Senator Elizabeth Warren questioned IRS Commissioner Daniel I. Werfel, on the IRS’s use of Inflation Reduction Act funds to successfully pilot a Direct File program, a first-of-its-kind option for Americans in twelve states to be able to file their taxes online directly with the IRS, easily and for free.

  • In April 2024, Senator Warren and colleagues applauded the success of Direct File’s Pilot during the 2024 tax filing season, highlighting rave reviews, millions of dollars in refunds claimed and filing fees saved.

  • In April 2024, Senator Warren sent a letter to Chair Lina M. Khan of the Federal Trade Commission (FTC), blasting Intuit, the maker of TurboTax, for continuing to relentlessly upsell TurboTax users despite numerous FTC and state lawsuits and settlements. Senator Warren applauded the FTC’s oversight of Intuit, and urged the Commission to continue to take action to protect taxpayers from tax preparation companies that pile junk fees onto users.

  • In March 2024, Senator Warren celebrated the successful launch of the IRS’s Direct File pilot.

  • In March 2024, Senator Warren highlighted the positive feedback that the IRS’s Direct File pilot in 12 states has received from taxpayers and asked Secretary of the Treasury Janet Yellen to commit to expanding and extending the program in 2025 if positive feedback continues, which Yellen agreed to. 

  • In February 2024, Senators Warren, Blumenthal, Sanders, and Representative Porter sent a response to Intuit, blasting the company for its failure to answer basic questions the lawmakers asked in their January 2, 2024 letter seeking an accounting of the expenses underlying the company’s massive federal research tax breaks.

  • In January 2024, Senators Warren, Blumenthal (D-Conn.), and Bernie Sanders (I-Vt.), and Representative Katie Porter (D-Calif.) sent a letter to Intuit requesting a full accounting of the expenses underlying the company’s massive federal research tax breaks by January 16, 2024. Intuit disclosed that it received $94 million in federal research tax credits in 2022, while simultaneously spending millions lobbying against the establishment of a free program for Americans to file their taxes online. 

  • In October 2023, Senators Warren, Ron Wyden (D-Ore.), Chair of the Senate Finance Committee, Blumenthal, Tammy Duckworth (D-Ill.), Sanders, Sheldon Whitehouse (D-R.I.), and Representative Porter sent letters to five tax preparation companies—H&R Block, TaxAct, TaxSlayer, Ramsey Solutions, and Intuit—that recently received notices of penalty offenses from the Federal Trade Commission (FTC) regarding the misuse of taxpayer’s sensitive and confidential information. 

  • In October 2023, Senators Warren and Patty Murray (D-Wash.), Chair of the Senate Appropriations Committee, and Representatives Porter, Brad Sherman (D-Calif.), and Don Beyer (D-Va.) released a statement supporting the U.S. Department of Treasury and the Internal Revenue Service (IRS) joint announcement of their 2024 pilot of Direct File, a program that allows Americans to file tax returns digitally and free of charge. The lawmakers acknowledged the Inflation Reduction Act’s role in the program’s development, and stated their intention to support the IRS’s efforts to develop and expand the Direct File pilot. 

  • In August 2023, Senator Warren and Representative Porter sent a letter to the Free File Alliance, the American Coalition for Taxpayer Rights, Intuit, and H&R Block admonishing the companies’ relentless lobbying against the Internal Revenue Service’s (IRS) direct free filing tool. 

  • In July 2023, Senators Warren, Wyden, Blumenthal, Duckworth, Sanders, and Whitehouse and Representative Porter released a report revealing the outrageous, extensive, and potentially illegal sharing of taxpayers’ sensitive personal and financial information with Meta by online tax preparation companies. The lawmakers also sent a letter to the IRS, the Treasury Inspector General for Tax Administration, the Federal Trade Commission, and the Department of Justice highlighting their key findings and calling on these departments to fully investigate this matter and prosecute any company or individuals who violated the law.

  • In June 2023, Senators Warren and Tom Carper (D-Del.) and Representatives Sherman, Porter, and Beyer, led a coalition of 99 Democratic lawmakers in a letter to IRS Commissioner Daniel Werfel and Deputy Treasury Secretary Adewale Adeyemo, applauding the IRS’s announcement of a pilot of a free tax filing tool next year.

  • In May 2023, Senator Warren’s call for a Free E-File Program was finally answered by the IRS through the Inflation Reduction Act .

  • In April 2023, Senators Warren and Carper led 29 other senators in a letter to the IRS Commissioner, urging the agency to simplify the tax process and broaden access to free e-filing options.

  • In April 2023, at a hearing of the Senate Finance Committee, Senator Warren questioned the IRS Commissioner about the agency’s failed Free-File partnership with private tax preparation software companies and called on the agency to implement a direct E-File program. 

  • In December 2022, Senators Warren and Wyden and Representatives Porter and Sherman sent letters to tax preparation companies H&R Block, TaxAct, and TaxSlayer, plus big tech firms Meta and Google, amid reports that the tax preparation companies have been secretly transmitting individual taxpayers’ sensitive financial information to Meta and Google

  • In August 2022, Senator Warren highlighted key priorities she secured in the Senate’s Inflation Reduction Act, including establishing an IRS task force to look into developing and running an IRS-run free direct E-File tax return system, based on Senator Warren’s Tax Filing Simplification Act. 

  • In July 2022, Senator Warren led 22 lawmakers to introduce the Tax Filing Simplification Act of 2022, legislation that would direct the IRS to develop its own free online tax preparation and filing service that would simplify the tax filing process for millions of Americans. 

  • In June 2022, at a hearing of the Senate Finance Committee, Secretary of Treasury Janet Yellen agreed with Senator Warren on the need to create a free tax filing system that actually works for Americans. 

  • In June 2022, Senator Warren and Representatives Porter and Sherman sent a letter to Richard K. Delmar, Acting Treasury Department Inspector, General, J. Russell George, Treasury Inspector General for Tax Administration, and Andrew Katsaros, Acting Inspector General at the Federal Trade Commission, regarding troubling reports of Intuit’s abuse of the revolving door and the company’s hiring of former federal regulators and influence-peddlers to defend its shady business practices. In the letter, which is a follow up to the prior April 2022 letter, the lawmakers call out Intuit for forcing American taxpayers into paying for services that should be free, and request an in-depth investigation into the company and its use of the revolving door to influence policy decisions at those agencies. 

  • In April 2022, Senator Warren and Representatives Sherman and Porter sent a letter to Intuit regarding the company’s unethical use of the revolving door to hire former regulators to defend their shady business practices that scam taxpayers out of billions of dollars. In June 2022, the lawmakers sent a follow-up.

  • In February 2022, Senator Warren and Representative Pramila Jayapal (D-Wash.) sent a letter to the Acting Inspector General of the Department of Treasury and the Treasury Inspector General for Tax Administration, calling on them to open an investigation into the unethical revolving door between the world’s largest accounting firms and the Treasury Department and IRS. 

  • In February 2022, Senator Warren made the case for increased funding for the Internal Revenue Service (IRS) through the Build Back Better Act and called on the administration to create the simplified filing tools proposed in her Tax Filing Simplification Act. 

MIL OSI USA News –

April 16, 2025

  • MIL-OSI Europe: A material gender pay gap persists across EU banks and investment firms, the EBA observes in its Benchmarking Report

    Source: European Banking Authority

    The European Banking Authority (EBA) today published its Report on Remuneration and Gender Pay Gap Benchmarking for institutions and investment firms. The Report shows a material gender pay gap in 2023 with women earning less than men. Remuneration practices in institutions remained stable between 2021 – 2023, but the ratio between the variable and fixed remuneration in investment firms increased significantly after the introduction of the Investment Firms Directive (IFD).

    Alongside its annual Report on Remuneration of identified staff, the EBA is releasing, for the first time, a detailed section on gender pay gap covering all staff as well as those identified as having a material impact on the risk profile of institutions and investment firms.

    In 2023, the average ratio between variable and fixed remuneration for identified staff in investment firms stood at 145.85% (2022: 191.42%), higher and less stable compared to the ratio in institutions of 59.59% (2022: 58.62%). Higher bonuses in investment firms are driven by different business models and a more volatile profitability. In 2023, the highest bonuses in institutions were paid in the area of investment banking, whereas in investment firms in the area of dealing on own account, underwriting and placing of instruments, where the average ratio reached 521%. This is a material increase compared to 2021, where for investment firms a 100% limit (200% with shareholders’ approval) for bonuses compared to the fixed remuneration applied. The bonus ratios in other business areas were much lower and remained between 35% and 120%.

    On average, female staff in institutions earned 24.48% less in 2023 than their male counterparts. For risk takers (identified staff) the difference was at 21.64%. The pay gap was even more pronounced in investment firms, with female staff earning 32.0% and female identified staff earning 31.74% less than their male colleagues. The pay gap was mainly caused by the underrepresentation of women in higher paid positions. The Report shows the gender pay gap for each quartile of pay level. Women only held 33.45% of the highest paid positions in institutions and just 12.99% of them in investment firms. However, overall, women and men were equally represented in institutions (median representation of women 51.65%) but underrepresented in investment firms (35.43%).

    The data underscores the need for entities and competent authorities to analyse closer the reasons for the observed gender pay gap and to address gender pay and gender representation disparities. In this context the EBA is also revising its internal governance Guidelines to further improve the monitoring of gender aspects in institutions and investment firms.

    Legal basis and background

    The EBA collects remuneration and gender pay gap data from competent authorities for benchmarking under Article 75(1) of Directive 2013/36/EU (CRD) and Article 34(1) of Directive 2019/2034/EU (IFD) and as specified in Guidelines (EBA/GL/2022/06) and (EBA/GL/2022/07), both published on 30/06/2022.

    The Capital Requirements Directive (CRD) and the IFD include requirements on the variable remuneration of identified staff, who have a material impact on the banks or investment firms risk profile, or the assets managed by them. Until 2021, investment firms were subject to the same requirements as banks, including a limitation of the variable to fixed remuneration of identified staff to 100% (200% with shareholders’ approval). As of 2022, this requirement, that aims to prevent excessive risk taking, no longer applies to investment firms, that have to set an appropriate ratio for this purpose in their remuneration policies. 

    MIL OSI Europe News –

    April 16, 2025

  • MIL-OSI Security: Brazilian National Indicted for Selling 12 Firearms

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    BOSTON – A Brazilian national, living in Massachusetts, was indicted on April 10th by a federal grand jury in Boston for firearm offenses.  

    Lucas Ferreira-Da Silva, 27, was indicted on one count of dealing firearms without a license. Ferreira-DaSilva was arrested and charged by criminal complaint on Nov. 7, 2024.

    According to the charging documents, between September and November 2024, Ferreira-Da Silva sold 12 firearms and ammunition across six different dates and offered others for sale. The sold firearms included rifles, shotguns and pistols. Four of these firearms had obliterated serial numbers.  

    The charge of engaging in the business of dealing firearms without a license provides for a sentence of up to five years in prison, three years of supervised release and a fine of up to $250,000. The defendant will also be subject to deportation upon completion of any sentence imposed. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and statutes which govern the determination of a sentence in a criminal case.

    United States Attorney Leah B. Foley; James M. Ferguson, Special Agent in Charge of the Bureau of Alcohol, Tobacco, Firearms and Explosives, Boston Field Division; Michael J. Krol, Special Agent in Charge of Homeland Security Investigations in New England; and Patricia H. Hyde, Field Office Director, Boston, U.S. Immigration and Customs Enforcement’s Enforcement and Removal Operations made the announcement today. Valuable assistance was provided by the Massachusetts State Police, Malden, Chelsea and Revere Police Departments. Assistant U.S. Attorney Michael J. Crowley and John Reynolds, of the Organized Crime & Gang Unit are prosecuting the case.

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

    MIL Security OSI –

    April 16, 2025

  • MIL-OSI: SlashExperts Announces $2M in Seed Funding to Unlock a New Marketing Channel in B2B

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, CA, April 15, 2025 (GLOBE NEWSWIRE) —  SlashExperts, a pioneering platform built for B2B marketing and sales teams, has announced a significant milestone in its journey to revolutionize the modern buying experience. The company has successfully raised a $2 million seed round, led by Social Leverage with Touring Capital and Veridical Ventures participating, among other high profile angel investors. This funding will accelerate its mission to connect prospective buyers with real users, facilitating authentic peer conversations that build trust and expedite sales processes. 

    “I couldn’t be more excited to back SlashExperts. They have the experience and domain expertise to help every sales organization more efficiently tap into client referrals while building a data-rich expert network,” said Matt Ober, Partner at Social Leverage.

    In an era where traditional sales tactics often encounter friction and skepticism, SlashExperts offers a refreshing alternative. By enabling direct interactions between buyers and existing users, the platform empowers businesses to address tough questions and concerns in a transparent manner. This approach not only enhances trust but also significantly reduces the time required to close deals.
    “The traditional marketing funnel is evolving, and businesses need to adapt to the changing landscape,” said Braydan Young, CEO of SlashExperts and past co-founder of Sendoso—the direct mail leader. “Our platform is designed to unlock more top-of-funnel leads by connecting buyers in research mode with happy customers and experts. Additionally, we help sales reps accelerate win rates by proactively facilitating genuine buyer-to-customer conversations that lead to faster and more informed decision-making. It’s like word-of-mouth on steroids!”
    According to a recent data study, “77% of buyers engage with non-sales personnel from their preferred vendor before formal sales discussions and 81% of buyers have chosen their preferred vendor before they ever talk to sale.”

    The recent seed funding will be instrumental in expanding SlashExperts’ capabilities and reach. Investors have shown confidence in the company’s innovative approach and its potential to redefine how B2B enterprises engage with their prospects. The funds will be used to enhance the platform’s features, ensuring seamless and effective connections between buyers and users.
    SlashExperts’ unique model leverages the power of word-of-mouth and backchannel interactions, which are increasingly recognized as a critical component in the decision-making process. By providing a platform where buyers can engage with real users, the company is setting a new standard for transparency and efficiency in B2B sales.
    “Integrating SlashExperts into our sales process has been a game-changer. Connecting prospects directly with our satisfied customers has meaningfully increased our win rates.” said  Mike Machado, Chief Revenue Officer at Demand Local, one of the platform’s early adopters.

    As SlashExperts continues to grow and innovate, it remains committed to its core mission of helping B2B enterprises convert website visitors, increase win rates, and add new intent signals. The company’s emergence from stealth and its recent funding success are testaments to its potential to transform the B2B sales landscape.

    About SlashExperts

    SlashExperts is the leading peer-conversation platform that helps B2B companies accelerate revenue by connecting prospective buyers with real customers. By turning advocacy into a measurable, scalable growth channel, SlashExperts enables marketing and sales teams to build trust, shorten sales cycles, and influence pipeline. The platform seamlessly integrates into CRM systems, offering attribution-ready data and buyer insights at every stage of the funnel. Founded in 2024 and backed by world class investors, SlashExperts is on a mission to redefine the way B2B companies sell. Learn more at https://www.slashexperts.com/

    Press inquiries

    SlashExperts
    https://slashexperts.com
    Braydan young
    braydan@slashexperts.com
    5305140414
    2261 Market Street STE 10796 San Francisco CA 94114

    The MIL Network –

    April 16, 2025

  • MIL-OSI: iQor Qares to Host 8th Annual Charity Golf Tournament

    Source: GlobeNewswire (MIL-OSI)

    FT. LAUDERDALE, Fla., April 15, 2025 (GLOBE NEWSWIRE) — iQor Qares will host its 8th Annual Charity Golf Tournament, “Swing for a Cause,” April 29-30, 2025, at the world-renowned Copperhead Valspar Classic Golf Course at Innisbrook in Palm Harbor, Florida. As the 501(c)(3) nonprofit charitable organization for iQor CXBPO™, iQor Qares supports iQor employees, their families, and their communities around the world in need of financial assistance due to life-altering or catastrophic events.

    This year, the 8th Annual iQor Qares Charity Golf Tournament has raised more than $260,000 in pledges and donations from multiple sponsors, with platinum-level sponsorship from NICE and gold-level sponsorship from Capital One Auto Finance, Joy Systems, Sanas, and Sudo Labs.

    “Every year, I’m inspired by the generosity and spirit of our sponsors, partners, and iQor family who come together to support our mission,” said iQor Chief Culture Officer and Chair of iQor Qares Richard Eychner. “The impact of iQor Qares goes far beyond financial aid — it’s about showing up for one another in times of need. This tournament is a celebration of that compassion and commitment.”

    One hundred percent of the net proceeds from the event go to ease the burden on iQor employees facing financial hardship due to unforeseen catastrophic events. In 2024, iQor Qares assisted more than 795 iQor employees and their families, and in the first quarter of 2025, more than 219 iQor employees and their families received assistance. Donations have helped beneficiaries rebuild after natural disasters, provide medical and end-of-life care for loved ones, and address food insecurity, in addition to supporting their recovery from many other life-altering events.

    “The iQor Qares Charity Golf Tournament reflects the heart of our culture, people helping people,” said iQor President and CEO Chris Crowley. “I’m proud to see how our collective efforts make a real difference in the lives of our employees and their families around the world. This is what it means to be part of something bigger than ourselves.”

    For more information about iQor Qares or to donate directly, visit iQorQares.com. iQor Qares welcomes one-time and recurring credit card donations from individuals worldwide. Additionally, iQor employees in the United States and the Philippines have the option to enroll in payroll donations. Every contribution plays a meaningful role in fulfilling the iQor Qares mission.

    About iQor CXBPO™

    iQor CXBPO™ is a trusted partner in intelligent customer experience solutions, delivering exceptional results for global brands. With 40,000 employees across 10 countries, we combine 30 years of industry expertise with cutting-edge AI-driven innovations to optimize customer interactions at every stage. Our agile, scalable solutions ensure seamless omnichannel engagement, driving loyalty and measurable business success. Recognized as a Great Place to Work® and a leader in CX excellence, we elevate performance through a people-first approach, operational expertise, and secure, technology-enabled solutions. Learn more at iQor.com.

    Contact
    Nicole Gobbo
    Director of Communications

    The MIL Network –

    April 16, 2025

  • MIL-OSI: BexBack Launches 100x Leverage, No KYC, $50 Welcome Bonus and Double Deposit Rewards – Start Trading Today!

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 15, 2025 (GLOBE NEWSWIRE) — As Bitcoin continues to trade below $90,000 and analysts predict that the crypto market will remain volatile, holding spot positions may not generate short-term profits. Recent economic shifts, including policy announcements such as President Trump’s tariff decisions, have brought some stabilization, but the volatility remains. For investors seeking to maximize returns in these uncertain times, BexBack Exchange offers a powerful solution. With 100x leverage, a 100% deposit bonus, and a $50 welcome bonus for new users, BexBack empowers traders to seize market opportunities. And with no KYC requirements, it provides a seamless and efficient way to trade.

    100x Leverage: Make Doubling or Even 10x Gains in a Single Day Possible

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $60,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $63,000, your profit will be (63,000 – 60,000) * 100 BTC / 60,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, XRP, and more than 50 other major altcoins. Headquartered in Singapore, with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina, BexBack holds a US MSB (Money Services Business) license and is trusted by over 500,000 traders worldwide. The platform accepts users from the United States, Canada, and Europe, and offers no deposit fees, along with exceptional customer service, including 24/7 support.

    Why recommend BexBack?

    No KYC Required: Start trading immediately without complex identity verification.

    100% Deposit Bonus: Double your funds, double your profits.

    High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

    Demo Account: Comes with 10 BTC and 1M USDT in virtual funds, perfect for practicing leveraged trading without risk.

    Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.

    Convenient Operation: No slippage, no spread, and fast, precise trade execution.

    Global User Support: Enjoy 24/7 customer service, no matter where you are.

    Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/79407705-26b3-4d2a-bfda-97c63787ef7f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/553f712e-f71c-4a4a-9819-e0c799ad1aa8

    https://www.globenewswire.com/NewsRoom/AttachmentNg/ca7f67e5-026e-4ff3-8382-70443dadc0a9

    https://www.globenewswire.com/NewsRoom/AttachmentNg/34e3583f-bf8f-4c28-82f5-80a782ee3f1f

    The MIL Network –

    April 16, 2025

  • MIL-OSI: Baltic Horizon Fund publishes its NAV for March 2025

    Source: GlobeNewswire (MIL-OSI)

    The net asset value (NAV) per unit of the Baltic Horizon Fund (the Fund) decreased to EUR 0.6769 at the end of March 2025 (0.6826 as of 28 February 2025). The month-end total net asset value of the Fund was EUR 97.2 million (EUR 98.0 million as of 28 February 2025). The EPRA NRV as of 31 March 2025 stood at EUR 0.7209 per unit.

    In March 2025, the consolidated net rental income of the Fund remained at the same level, amounting to EUR 1.0 million (EUR 1.0 million in February 2025).

    At the end of March 2025, the Fund’s consolidated cash and cash equivalents amounted to EUR 12.8 million (28 February 2025: EUR 8.3 million).

    As of 31 March 2025, the total consolidated assets of the Fund were EUR 243.2 million (28 February 2025: EUR 255.0 million).

    On 13 March 2025 the Fund sold Meraki office building. Disposal proceeds were used to repay the outstanding BH Meraki UAB loan amounting to EUR 10.3 million and to repay early part of the bonds in the amount of EUR 3 million. The remaining amount will be used for investments into existing properties.

    For additional information, please contact:

    Tarmo Karotam
    Baltic Horizon Fund manager
    E-mail tarmo.karotam@nh-cap.com
    www.baltichorizon.com

    The Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. 

    Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com

    To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on www.baltichorizon.com. You can also follow Baltic Horizon Fund on www.baltichorizon.com and on LinkedIn, Facebook, X and YouTube.

    The MIL Network –

    April 16, 2025

  • MIL-OSI: Marco’s Pizza franchisee RHLC Investments partners with Instant Financial to give more payroll choices to its frontline workforce

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, April 15, 2025 (GLOBE NEWSWIRE) — RHLC Investments, a Marco’s Pizza franchisee with 23 locations across North and South Carolina, has partnered with Instant Financial to offer modern paycard solutions to its 440+ employees. This move is part of RHLC’s broader commitment to enhancing employee experience and providing more flexible and accessible wage options for its restaurant teams.

    Founded by husband-and-wife duo Travis and Sara Cole, who worked in the restaurant industry themselves, RHLC Investments brings a personal, people-first approach to business. With their 23 locations, the owners couldn’t easily send paper checks to their employees, and they understood that some of their workforce may prefer a paycard rather than direct deposit. With Instant’s paycard solution, RHLC employees now have an alternative to traditional paper checks and direct deposit, a key benefit for team members who are unbanked or prefer more accessible payout options.

    “We’ve always believed in valuing our employees, and part of that means meeting them where they are — especially when it comes to how they get paid,” said Sara Cole, VP and co-owner of RHLC Investments. “Instant stood out because they provide something we’ve never had before: real customer support. If an employee has a problem, we know there’s someone on the other side who can help. That kind of service is rare.”

    Previously using paycards from a legacy provider, RHLC found the process frustrating — employees couldn’t get support, and franchise operators were left without a contact to help troubleshoot issues. Switching to Instant through their new payroll provider has not only streamlined operations but also added much-needed peace of mind.

    Currently, 10–15% of RHLC’s workforce opts for paycards. With Instant, paycards are easy to issue, use, and manage — reducing operational strain and providing more options for employees.

    “Restaurant operators like RHLC are balancing growth with retention in a challenging labor market,” said Tal Clark, CEO of Instant Financial. “We’re proud to support their team by offering simple, reliable access to wages — helping RHLC focus on what matters most: running their business and taking care of their people.”

    Instant Financial continues to set the standard for modern payroll solutions in the hospitality sector. In 2015, Instant became the very first company offering a paycard model for earned wage access, enabling hourly workers to receive their wages daily, at no cost, instead of holding out until payday. Today, Instant is the only platform offering an all-in-one solution that includes earned wage access, digital tips, and instant payments via banks, mobile wallets, or paycards. It remains the leader in the restaurant industry, processing over $7.5 billion in payments. In addition to RHLC Investments, Instant works with customers like Sun Holdings, Church’s Chicken, and Bloomin’ Brands to help them better recruit and retain their frontline workforce.

    For more information about Instant Financial and its suite of payroll solutions, visit instant.co. For more information about RHLC Investments, visit marcos.com.

    About Instant
    Instant Financial is a fintech company modernizing payments and earned wage access for hourly workers and their employees. We provide earned wage access, digital tips, and instant payments via banks, mobile wallets, or paycards, along with financial wellness services—giving frontline workers control over how and when they get paid. As the first company to offer earned wage access through a paycard, Instant has helped workers in restaurants, retail, hospitality, and beyond access over $7.5 billion in earnings at no or low cost. With 86% of employees wanting same-day pay, our award-winning solutions turn every workday into payday, helping employers improve recruitment and retention. Learn more at instant.co.

    The MIL Network –

    April 16, 2025

  • MIL-OSI Canada: Canada announces new support for Canadian businesses affected by U.S. tariffs  

    Source: Government of Canada News (2)

    April 15, 2025 – Ottawa, Ontario – Department of Finance Canada

    The Minister of Finance, the Honourable François-Philippe Champagne, today announced new measures for Canadian businesses and entities affected by the tariff dispute between Canada and the United States. These measures include the remission of some of the countermeasure tariffs announced by Canada in response to unjustified tariffs imposed by the U.S. on Canadian products.

    First, Minister Champagne announced a performance-based remission framework for automakers, designed to incentivize continued production and investment in Canada. In recognition of the integrated nature of the North American automotive sector, this will allow automakers that continue to manufacture vehicles in Canada to import a certain number of U.S.-assembled, CUSMA-compliant vehicles into Canada, free of the countermeasure tariffs that Canada has imposed.

    The remission granted to these companies is contingent on these automakers continuing to produce vehicles in Canada and on completing planned investments. The number of tariff-free vehicles a company is permitted to import will be reduced if there are reductions in Canadian production or investment.

    Second, the Minister announced that the government intends to provide temporary 6-month relief for goods imported from the U.S. that are used in Canadian manufacturing, processing and food and beverage packaging, and for those used to support public health, health care, public safety, and national security objectives. This provides immediate relief to a broad cross-section of Canadian businesses that must rely on U.S. inputs to support their competitiveness as well as to entities integral to Canadians’ health and safety, such as hospitals, long-term care facilities and fire departments. The remission is provided on a time-limited basis to provide businesses and entities with additional time to adjust their supply chains and prioritize domestic sources of supply if available.

    Third, the new Large Enterprise Tariff Loan Facility (LETL), as announced by the Prime Minister in March, is now accepting applicants. This program will support eligible large businesses—including those that contribute to Canada’s food security, energy security, economic security and national security—that are facing difficulties in accessing traditional sources of market financing, by providing access to liquidity. This will help employers that were viable before the recent U.S. trade actions to help sustain their operations and return to financial stability. Companies will be required to make efforts to maintain jobs and sustain business activities in Canada. Those that were already involved in insolvency proceedings before this crisis will not be eligible.

    In the weeks and months ahead, additional measures will be brought forward, as needed, to support businesses and workers. The federal government will also continue to work closely with provinces and territories to ensure complementary supports are in place across all jurisdictions.

    MIL OSI Canada News –

    April 16, 2025

  • MIL-OSI Security: St. Augustine Convicted Child Sex Offender Sentenced To 27 Years For Filming A Video Of Himself Sexually Abusing A 13-Year-Old Child

    Source: Office of United States Attorneys

    Jacksonville, Florida – Chief United States District Judge Marcia Morales Howard has sentenced Christopher Lee Smith (43, St. Augustine) to 27 years in federal prison for producing a child sex abuse video. Smith was also ordered to serve a 10-year term of supervised release and pay $4,000 in restitution to a child victim. Smith is a registered child sex offender, having been previously convicted on January 10, 2012, of traveling from Georgia to St. Johns County to meet an 8-year-old child for sexual activity. Smith was arrested on September 2, 2021, and has been detained since that time. Smith pleaded guilty on March 18, 2024. 

    According to court documents, on June 28, 2021, Smith engaged in a text conversation on a social media application (app) with an undercover FBI agent who was posing as the parent of a minor “child.” Smith advised the undercover agent that he wanted to have sex with the “child” and discussed in detail the sexual acts that he wished to perform on the “child.” On August 30, 2021, Smith and the undercover agent engaged in more online conversations on the app. Smith advised that he had twice sexually abused a particular child and sent a video to the undercover agent that depicted this child being sexually abused. Through further investigation, FBI agents confirmed the identities of both Smith and the 13-year-old victim.

    On September 2, 2021, FBI agents arrested Smith and seized his cellphone. A search of the phone revealed that Smith had been exchanging sexually explicit text messages with this 13-year-old child for several months. The phone also contained videos and photos depicting children being sexually abused. Further investigation revealed that on July 31, 2021, Smith drove to meet this child at a retail store in St. Johns County and took the child back to Smith’s residence in St. Augustine. While at the residence, Smith used produced a video depicting him sexually abusing the child. Later, Smith distributed several clips of the video to the child by text message.     

    This case was investigated by the Federal Bureau of Investigation. It was prosecuted by Assistant United States Attorney D. Rodney Brown.

    It is another case brought as part of Project Safe Childhood, a nationwide initiative launched in May 2006 by the Department of Justice to combat the growing epidemic of child sexual exploitation and abuse. Led by the United States Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state, and local resources to locate, apprehend, and prosecute individuals who sexually exploit children, and to identify and rescue victims. For more information about Project Safe Childhood, please visit www.justice.gov/psc. 

    MIL Security OSI –

    April 16, 2025

  • MIL-OSI: LPL Financial Welcomes Tenacity Investment Group

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, April 15, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisor Steve Jones of Tenacity Investment Group has joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. He reported serving approximately $230 million in advisory, brokerage and retirement plan assets* and joins LPL from Raymond James.

    Based in Longmont, Colo., Jones, a 25-year industry veteran, founded Tenacity Investment Group in 2010 with the goal of offering his clients independent advice and a fiscal education that helps them better understand the complexities of their financial lives. He is supported by long-time operations manager Mindy Kennie, and together they manage their client base of individuals in or nearing retirement and their families.

    “Many of my initial meetings are three to four hours long because I truly believe in providing my clients with an understanding of the wealth management process and getting a clear picture of their financial goals,” Jones said. “Once I understand their near-and long-term goals, I work with them to create sound financial plans, employ responsible investment strategies, stay unwaveringly focused on their goals and make adjustments based on reason and necessity.”

    Looking to create an enhanced experience for his clients, Jones turned to LPL Financial.  

    “LPL impressed me from the start for several reasons, including their dedicated team of service advisors and overall size and scale,” Jones said. “But the biggest factor in choosing LPL is that they really understand and cater to independent advisors. With their service and support alongside their streamlined technology, I am confident this will help us provide a next-level client experience.”

    LPL Executive Vice President, Business Development Scott Posner said, “We welcome Steve and Mindy to the LPL community and are honored they turned to us to help elevate their practice. At LPL, we are deeply committed to helping businesses like Tenacity Investment Group by investing in robust, integrated technology capabilities designed to help advisors provide clients with differentiated experiences. We look forward to supporting Tenacity Investment Group for years to come.”

    Related

    Advisors, learn how LPL Financial can help take your business to the next level.

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to — run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC. Tenacity Investment Group and LPL Financial are separate entities.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

    *Value approximated based on asset and holding details provided to LPL from end of year, 2024.

    Media Contact: 
    Media.relations@LPLFinancial.com 

    Tracking #715453

    The MIL Network –

    April 16, 2025

  • MIL-OSI: 21/2025・Trifork Group: Shareholders approve all resolutions at the Annual General Meeting 2025

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 21 / 2025
    Schindellegi, Switzerland – 15 April 2025

    Shareholders approve all resolutions at the Annual General Meeting 2025

    The shareholders of Trifork Group AG (“Trifork“) today approved all resolutions proposed by the Board of Directors at Trifork’s Annual General Meeting 2025 (the “AGM“) which was held at Grabenstrasse 2, 6430 Baar, Switzerland.

    Composition of the Board of Directors
    The shareholders re-elected Julie Galbo as Chairperson of the Board of Directors and all other members standing for re-election for a term of one year. In addition, the shareholders elected Lars Stugemo as new member of the Board of Directors for a term of one year. The Board of Directors designated Maria Hjorth as Vice-Chairperson. Furthermore, the shareholders (re-)elected the following members of the Board of Directors to the Nomination and Remuneration Committee for one year: Julie Galbo, Maria Hjorth, and Lars Stugemo. The Board of Directors designated Maria Hjorth as Chairperson of this Committee.

    Olivier Jaquet decided not to stand for re-election. On behalf of the Board of Directors, the Chairperson thanked him for his valuable contributions during his six terms of office.

    Financial and non-financial reports
    The AGM had to vote on Trifork’s financial and non-financial reports. In accordance with applicable laws and regulation, the ESG report was prepared compliant with EU’s Corporate Sustainability Reporting Directive (CSRD). This report, as well as the annual report with consolidated and separate financial statements, were approved.

    Remuneration confirmed and prospectively approved
    The shareholders approved the 2024 remuneration report in a consultative vote. Further, the shareholders approved the maximum aggregate amount of the remuneration for the Board of Directors from the AGM 2025 to the AGM 2026. Additionally, the shareholders approved the maximum aggregate amount of the fixed and variable remuneration for the members of the Executive Management for the financial year 2026.

    Investor and media contact
    Frederik Svanholm, Group Investment Director, frsv@trifork.com, +41 79 357 73 17

    About Trifork
    Trifork is a pioneering global technology partner, empowering enterprise and public sector customers with innovative solutions. With 1,229 professionals across 73 business units in 16 countries, Trifork delivers expertise in inspiring, building, and running advanced software solutions across diverse sectors, including public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. Trifork Labs, the Group’s R&D hub, drives innovation by investing in and developing synergistic and high-potential technology companies. Trifork Group AG is a publicly listed company on Nasdaq Copenhagen. Learn more at trifork.com.

    Attachment

    • CA_21_25_AGM results

    The MIL Network –

    April 16, 2025

  • MIL-OSI: AvePoint Launches Risk Posture Command Center to Improve Data Security Posture Management (DSPM) for Organizations Worldwide

    Source: GlobeNewswire (MIL-OSI)

    JERSEY CITY, N.J., April 15, 2025 (GLOBE NEWSWIRE) — AvePoint (Nasdaq: AVPT), the global leader in data security, governance and resilience, today announced the launch of its Risk Posture Command Center within the AvePoint Confidence Platform, a single pane of glass to help organizations enhance their data security posture management (DSPM) with faster decision making and proactive risk mitigation. The Risk Posture Command Center adds to AvePoint’s growing repertoire of Command Centers available in the AvePoint Confidence Platform, all designed to provide business and IT leaders with the insights and recommended actions necessary to understand, manage, and mitigate potential vulnerabilities across their digital ecosystem.

    Today’s organizations continue to struggle with fragmented views of their data landscape, navigating multiple dashboards and third-party tools to obtain critical components of DSPM including data security, cloud backup, policy management, insights, and operational intelligence. 86% of organizations cannot balance their data security needs with business objectives, and when it comes to using AI, 47% of IT leaders are either not very confident or have no confidence at all in their organization’s ability to manage security and access risks. 

    AvePoint’s Risk Posture Command Center eliminates this complexity, offering an intuitive interface that not only delivers immediate visibility into an organization’s risk posture, but also provides actionable recommendations. This powerful combination enables organizations to quickly understand their data landscape and take precise, informed actions to enhance data protection and security within the AvePoint Confidence Platform.

    “For years, AvePoint has built engines to help our customers improve their risk postures, but now, with the AvePoint Risk Posture Command Center, we’re making that easier to see and act upon, within one single pane of glass,” said John Peluso, Chief Technology Officer, AvePoint. “As data complexity threatens to overwhelm even the most sophisticated teams, we’re providing a clear path forward, transforming potential data sprawl into a strategic advantage that drives innovation, reduces risk, and unlocks agility for every organization.”

    The AvePoint Risk Posture Command Center arms organizations with:

    • Early Threat Detection: Comprehensive ransomware detection capabilities.
    • Protection at a Glance: A unified view of data protection status, with a centralized dashboard displaying backup health and identifying potential data oversharing risks.
    • Compliance Confidence: Insights into potential compliance vulnerabilities.
    • Data Intelligence in Action: A visual representation of the data landscape, to offer actionable intelligence for risk mitigation and next steps for enhanced data protection and security.
    • Generated Recommended Insights: Information to take immediate action on vulnerabilities and security risks.

    Released earlier this year, the AI Confidence Command Center was AvePoint’s first Command Center, helping organizations assess the security and success of their AI investments. Its features allow organizations to evaluate their overall adoption performance of Microsoft 365 Copilot and understand change management success from enablement to adoption, while also noting potential risk factors.

    “AvePoint’s Command Centers are more than a technology solution – they are a strategic transformation engine. By breaking down the traditional silos between technical teams and business leadership, these dashboards create a universal language of data intelligence,” said John Hodges, Chief Product Officer, AvePoint. “What was once confined to IT departments can now drive board-level strategy, turning raw data into a powerful narrative of organizational health, risk management, and future potential.”

    To learn more about the newly launched Risk Posture Command Center visit the AvePoint website.

    About AvePoint:

    Beyond Secure. AvePoint is the global leader in data security, governance, and resilience, going beyond traditional solutions to ensure a robust data foundation and enable organizations everywhere to collaborate with confidence. Over 25,000 customers worldwide rely on the AvePoint Confidence Platform to prepare, secure, and optimize their critical data across Microsoft, Google, Salesforce, and other collaboration environments. AvePoint’s global channel partner program includes approximately 5,000 managed service providers, value-added resellers, and systems integrators, with our solutions available in more than 100 cloud marketplaces. To learn more, visit www.avepoint.com.

    Forward-Looking Statements:

    This press release contains certain forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and other federal securities laws including statements regarding the future performance of and market opportunities for AvePoint. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: changes in the competitive and regulated industries in which AvePoint operates, variations in operating performance across competitors, changes in laws and regulations affecting AvePoint’s business and changes in AvePoint’s ability to implement business plans, forecasts, and ability to identify and realize additional opportunities, and the risk of downturns in the market and the technology industry. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of AvePoint’s most recent Annual Report on Form 10-K. Copies of this and other documents filed by AvePoint from time to time are available on the SEC’s website, www.sec.gov. This filing identifies and addresses other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and AvePoint does not assume any obligation and does not intend to update or revise these forward-looking statements after the date of this release, whether as a result of new information, future events, or otherwise, except as required by law. AvePoint does not give any assurance that it will achieve its expectations. Unless the context otherwise indicates, references in this press release to the terms “AvePoint,” “the Company,” “we,” “our” and “us” refer to AvePoint, Inc. and its subsidiaries.

    Disclosure Information:

    AvePoint uses the https://www.avepoint.com/ir website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.

    Investor Contact
    AvePoint
    Jamie Arestia
    ir@avepoint.com
    (551) 220-5654

    Media Contact
    AvePoint
    Nicole Caci
    pr@avepoint.com
    (201) 201-8143

    The MIL Network –

    April 16, 2025

  • MIL-OSI: Zero Hash Powered $2 Billion+ in Tokenized Fund Flows within the Last Four Months

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, April 15, 2025 (GLOBE NEWSWIRE) — Zero Hash, the leading infrastructure for stablecoins and crypto, today announced it powered more than $2 billion in tokenized fund flows within the last four months – fueling the rise of on-chain capital markets.

    As adoption of tokenized funds accelerates, Zero Hash has emerged as a core enabler of the on-chain markets ecosystem. Its infrastructure underpins the payment rails for tokenized funds, including BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) in partnership with Securitize, as well as Franklin Templeton’s BENJI Token and the Hamilton Lane Private Infrastructure Fund (HLPIF) in partnership with Republic. Zero Hash facilitates compliant, real-time, 24/7/365 funding across seven stablecoins, underpinned by 22 blockchains.

    Tokenization has the potential to fundamentally reshape financial markets by enabling instant, always-on settlement. Traditional payment systems, however, aren’t designed to support this level of availability and remain a bottleneck. Stablecoins unlock the true utility of tokenized assets, including stable instruments, enabling them to move as flexibly as the blockchain allows. Zero Hash payment rails are an essential tool for institutions looking to unlock blockchain technology and enable completely on-chain transactions, from asset origination to redemption, without having to manage the complexities of accepting stablecoins.

    In his annual Letter to Investors, BlackRock Chairman and CEO Larry Fink wrote, “Every stock, every bond, every fund – every asset – can be tokenized. If they are, it will revolutionize investing. Markets wouldn’t need to close. Transactions that currently take days would clear in seconds. And billions of dollars currently immobilized by settlement delays could be reinvested immediately back into the economy, generating more growth.” This vision is already in motion – and Zero Hash is powering the payment rails underpinning tokenized assets.

    “Tokenized finance is no longer theoretical. Institutions are deploying real capital to tokenization and need the payment infrastructure to match,” said Edward Woodford, CEO and Founder of Zero Hash. “Our rails enable fully on-chain transactions end-to-end, real-time, 24/7/365. Zero Hash abstracts the blockchain complexity and meets the regulatory standards required by the largest financial firms.”

    Zero Hash’s infrastructure is trusted by global businesses that require enterprise-grade stablecoin payment rails. This is because Zero Hash addresses two of the most pressing barriers to institutional adoption: regulatory compliance around source-of-funds transparency and technical complexity. Zero Hash’s abstracts away the complexity of multi-chain, multi-stable operations – allowing issuers to operate with the simplicity of account-to-account transfers, while their infrastructure handles the complexities behind the scenes.

    In less than four months, Zero Hash has facilitated over $2 billion in tokenized funding through partners including Securitize, Franklin Templeton, and Republic. The broader market reflects that momentum. The tokenized real-world asset (RWA) market grew ~85% year-over-year to hit $15.2 billion by the end of 2024. In the first quarter of 2025, another $5.44 billion was added – bringing total RWA value on-chain to $20.64 billion, as of April 11th (Source: rwa.xyz). Zero Hash’s on-ramped approximately 35% of all on-chain RWAs in Q1, solidifying its position as a foundational layer in the evolving capital markets stack.

    As institutional adoption deepens, Zero Hash continues to serve as the stablecoin infrastructure partner of choice for asset managers and platforms driving the future of financial services.

    About Zero Hash
    Zero Hash is the leading infrastructure provider for crypto, stablecoin, and tokenized asset settlement. Its embeddable, API-first platform enables regulated money movement across fiat, crypto, and stable instruments. Clients use Zero Hash to build solutions for cross-border payments, commerce, trading, remittance, payroll, tokenization, wallets, on/off-ramps, and more.

    Zero Hash Holdings is backed by investors, including Point72 Ventures, Bain Capital Ventures, and NYCA.

    Zero Hash Trust Company LLC has been approved by the North Carolina Commissioner of Banks as a non-depository trust company.

    Zero Hash LLC is a FinCen-registered Money Service Business and a regulated Money Transmitter that can operate in 51 U.S. jurisdictions. Zero Hash LLC and Zero Hash Liquidity Services LLC are licensed to engage in virtual currency business activity by the New York State Department of Financial Services. In Canada, Zero Hash LLC is registered as a Money Service Business with FINTRAC.

    Zero Hash Australia Pty Ltd. is registered with AUSTRAC as a Digital Currency Exchange Provider, with DCE registered provider number DCE100804170-001. Zero Hash Australia Pty Ltd. is registered on the New Zealand register of financial service providers, with Financial Service Provider (FSP) number FSP1004503. Zero Hash Europe B.V. is registered as a Virtual Asset Services Provider (VASP) by the Dutch Central Bank (Relation number: R193684). Zero Hash Europe Sp. Zoo is registered as a VASP by the Tax Administration Chamber of Poland in Katowice (Registration number RDWW – 1212).

    Media Contact:
    Zero Hash
    Shaun O’Keeffe
    (855) 744-7333
    media@zerohash.com

    The MIL Network –

    April 16, 2025

  • MIL-OSI: White River Bancshares Co. Reports Net Income of $2.63 million, or $1.07 Per Diluted Share, for the First Quarter of 2025

    Source: GlobeNewswire (MIL-OSI)

    FAYETTEVILLE, Ark., April 15, 2025 (GLOBE NEWSWIRE) — White River Bancshares Company (OTCQX: WRIV), (the “Company”) the holding company for Signature Bank of Arkansas (the “Bank”), today reported net income increased to $2.63 million, or $1.07 per diluted share, in the first quarter of 2025, compared to $509,000, or $0.26 per diluted share, in the first quarter of 2024. The Company reported net income of $1.83 million, or $0.75 per diluted share, for the prior quarter. All financial results are unaudited and all per share data has been adjusted to reflect the two-for-one stock split effected September 4, 2024.

    “Thanks to a solid start to the year, we produced the strongest first quarter earnings in our Bank’s history,” said Gary Head, Chairman and CEO. “Loan portfolio growth contributed to an increase in net interest income compared to the first quarter of 2024. This is exactly the kind of excitement I’ve been ‘banking on’ as we head into the second quarter and celebrate the Bank’s 20 year anniversary. I am confident in our team’s capability and enthusiasm to build upon this momentum for the rest of the year.”

    “Expanding our deposit base to fund new loan growth remains our top priority, and also our biggest challenge as a community bank,” said Scott Sandlin, Chief Strategy Officer. “The Company has made deposit gathering the primary focus and our team has done an excellent job of expanding existing client relationships as well as attracting new customers to the Bank. As a result, total deposits increased 9.9% during the first quarter of 2025 and 18.9% year-over-year. At quarter end, demand and non-interest bearing accounts represented 19.3% of total deposits, and savings and interest-bearing transaction accounts represented 38.0% of total deposits. We will continue to look for additional opportunities for growing deposits in the year ahead to keep up with loan demand.”

    First Quarter 2025 Financial Highlights:

    • Net income for the first quarter of 2025 increased to $2.63 million, or $1.07 per diluted share, compared to $509,000, or $0.26 per diluted share, in the first quarter of 2024.
    • Net interest income increased 32.0% to $10.6 million in the first quarter of 2025, compared to $8.0 million in the first quarter of 2024.
    • Net interest margin (“NIM”) increased 42 basis points to 3.39% in the first quarter of 2025, compared to 2.97% in the first quarter of 2024.
    • The Company recorded a $670,000 provision for credit losses in the first quarter of 2025, compared to a $550,000 provision in the fourth quarter of 2024, and a $648,000 provision in the first quarter of 2024.
    • Net loans increased 16.3% to $1.128 billion at March 31, 2025, compared to $969.7 million at March 31, 2024.
    • Nonperforming loans totaled $420,000, or 0.04% of total loans at March 31, 2025, compared to 0.18% a year ago.
    • Total deposits increased $190.7 million, or 18.9%, year-over-year, to $1.201 billion at March 31, 2025, compared to $1.010 billion at March 31, 2024.
    • Core deposits (demand and non-interest-bearing, and savings and interest-bearing transaction accounts, and CDs under $250,000) represent 70.25% of total deposits at March 31, 2025.
    • Total risk-based capital ratio estimates of 12.30%, Tier 1 ratio of 11.05%, and Leverage ratio of 9.35% for the Bank at March 31, 2025.
    • Tangible book value per common share was $40.33 at March 31, 2025, compared to $39.05 a year ago.

    Income Statement

    In the first quarter of 2025, the Company generated a return on average assets of 0.79% and a return on average equity of 10.64%, compared to 0.58% and 7.34%, respectively, in the fourth quarter of 2024 and 0.18% and 2.52%, respectively, in the first quarter of 2024.

    “Our strong loan growth and higher yields on interest earning assets contributed to the four basis point NIM expansion during the first quarter of 2025 compared to the prior quarter and the 42 basis point increase compared to the year ago quarter,” said Brant Ward, President. NIM was 3.39% in the first quarter of 2025, compared to 3.35% in the fourth quarter of 2024, and 2.97% in the first quarter of 2024.

    Net interest income increased 32.0% to $10.6 million in the first quarter of 2025, compared to $8.0 million in the first quarter of 2024. The increase was primarily due to year-over-year loan growth. Total interest income increased 23.6% to $19.8 million in the first quarter of 2025, compared to $16.0 million in the first quarter of 2024, primarily attributable to increased loans. Total interest expense increased to $9.2 million in the first quarter of 2025, from $8.0 million in the first quarter of 2024, primarily due to an increase in deposit costs.

    Noninterest income increased 22.7% to $1.9 million in the first quarter of 2025, compared to $1.6 million in the first quarter of 2024. The increase was primarily due to a $172,000 increase in wealth management fee income, the largest component of noninterest income, and a $72,000 increase in secondary market fee income during the first quarter of 2025.

    Noninterest expense was $8.4 million in the first quarter of 2025, compared to $8.3 million in the first quarter of 2024, as expenses have normalized following the investment in expanding the Company’s market presence over the past few years.

    Balance Sheet

    Total assets increased 17.2% to $1.379 billion at March 31, 2025, from $1.177 billion at March 31, 2024, and increased 7.0% compared to $1.290 billion at December 31, 2024. Cash and cash equivalents totaled $48.4 million at March 31, 2025, compared to $33.4 million a year ago. Investment securities totaled $135.0 million at March 31, 2025, an increase from $113.0 million at March 31, 2024.

    Loans, net of allowance for credit losses, increased 16.3% to $1.128 billion at March 31, 2025, compared to $969.7 million at March 31, 2024, and increased 6.0% compared to $1.064 billion at December 31, 2024.

    Total deposits increased 18.9% to $1.201 billion at March 31, 2025, compared to $1.010 billion at March 31, 2024, and increased 9.9% compared to $1.093 billion at December 31, 2024. Demand and non-interest-bearing deposits decreased less than 1% compared to March 31, 2024 while savings and interest-bearing transaction accounts increased 34.7% compared to March 31, 2024.

    FHLB advances were $21.6 million at March 31, 2025, compared to $36.9 million at March 31, 2024, and $43.7 million at December 31, 2024. Total stockholders’ equity increased to $100.5 million at March 31, 2025, compared to $79.4 million at March 31, 2024, and $96.6 million at December 31, 2024. Tangible book value per common share was $40.33 at March 31, 2025, compared to $39.05 at March 31, 2024, and $38.74 at December 31, 2024.

    Credit Quality

    Due to strong quarterly loan growth, the Company recorded a $670,000 provision for credit losses in the first quarter of 2025. This is compared to a $550,000 provision for credit losses in the fourth quarter of 2024, and a $648,000 provision for credit losses in the first quarter of 2024.

    There were $420,000 in nonperforming loans at March 31, 2025. This compared to $55,000 in nonperforming loans at December 31, 2024, and $1.7 million in nonperforming loans at March 31, 2024. Nonperforming loans represented 0.04% of total loans on March 31, 2025, 0.01% of total loans on December 31, 2024, and 0.18% of total loans a year ago.

    “We continue to take a prudent approach to building our allowance for credit losses by monitoring our portfolio mix and evaluating loan growth and local and national economic conditions to maintain what we believe to be an appropriate allowance,” said Jeff Maland, Chief Risk Officer. The allowance for credit losses was $13.3 million, or 1.17% of total loans, at March 31, 2025, compared to $12.8 million, or 1.19% of total loans, at December 31, 2024, and $12.1 million, or 1.23% of total loans, at March 31, 2024.

    Net loan charge-offs were $137,000 in the first quarter of 2025. This compared to net loan recoveries of $106,000 in the fourth quarter of 2024, and net loan recoveries of $21,000 in the first quarter of 2024.

    Capital

    The Bank’s capital ratios continued to exceed regulatory “well-capitalized” requirements, with a Total risk-based capital ratio estimate of 12.30%, a Tier 1 ratio of 11.05%, and a Leverage ratio of 9.35% for the Bank at March 31, 2025.

    About White River Bancshares Company

    White River Bancshares Company is the single bank holding company for Signature Bank of Arkansas, headquartered in Fayetteville, Arkansas. The Bank has locations in Fayetteville, Springdale, Bentonville, Rogers, Brinkley, Harrison and Jonesboro, Arkansas. Founded in 2005, Signature Bank of Arkansas provides a full line of financial services to small businesses, families and farms. White River Bancshares Company (OTCQX: WRIV), trades on the OTCQX® Best Market.  

    White River Bancshares Company and Signature Bank of Arkansas will celebrate its 20-year anniversary in May 2025.

    About the Region

    White River Bancshares Company is headquartered in thriving Northwest Arkansas in the Fayetteville-Springdale-Rogers MSA. The region is home to the corporate headquarters for Walmart Stores Inc, Sam’s Club, Tyson Foods, Simmons Foods, and J.B. Hunt Transport. Hundreds of other market-leading companies including Procter & Gamble, Johnson & Johnson, Coca-Cola and Rubbermaid maintain offices in the region in order to maintain their relationships with the locally based Fortune 500 companies. Northwest Arkansas is also home to the state’s flagship public educational institution, The University of Arkansas, and its Sam M. Walton College of Business. The region has seen significant growth in its medical and arts infrastructures with the continued expansion of Washington Regional Medical System, Northwest Medical System, Mercy Health System of Northwest Arkansas and Arkansas Children’s Hospital Northwest. Crystal Bridges Museum of American Art and the Walton Arts Center have led the expansion of the arts. Northwest Arkansas has been repeatedly recognized in recent years as one of the best places to live in the country and remains one of the nation’s fastest-growing regions. In May 2024, Walmart issued a relocation mandate requiring most of its remote employees, as well as most of its office workers in Dallas, Atlanta and Toronto to move to, in most cases, Bentonville by November 1, 2024. While the company did not disclose a number, Bloomberg reported that the number of Walmart employees who would be moving to Bentonville would be in the thousands. Walmart is making a major investment in its hometown facilities, building a new, 350-acre headquarters campus, including walking and biking trails, a hotel, fitness facilities and a large childcare center.

    The Company has expanded eastward, with new markets in Jonesboro and Harrison. Jonesboro, located in Craighead County, is a city located on Crowley’s Ridge in the northeastern corner of Arkansas. It is the home of Arkansas State University and the cultural and economic center of Northeast Arkansas. Jonesboro also houses the region’s hospital network. U.S. Steel Corp. announced that it would locate a new $3 billion steel factory in Northeast Arkansas in Osceola, a move expected to create 900 jobs with an average pay over $100,000 annually, making it the largest capital investment project in Arkansas history. Harrison sits below Branson, Missouri, which is a family tourist destination and outdoor recreation, and is well known as an entertainment destination.

    The Company currently operates out of ten locations; three in Washington County; three in Benton County; two in Monroe County; one in Boone County; and one in Craighead County.

    The housing market in Washington and Benton counties remains robust. According to the Northwest Arkansas Board of Realtors, the average home in Washington County sold for $390,000 in February 2025, with an average of 103 days on the market. For Benton County, the average house sold for $446,000, with an average of 108 days on the market.

    Source:
    http://www.nwarealtors.org/market-statistics/

    Forward Looking Statements

    This press release contains statements about future events. These forward-looking statements, which are based on certain assumptions of management of the Company and the Bank and describe our future plans, strategies and expectations, can generally be identified by use of forward-looking terminology such as “may,” “will,” “believe,” “plan,” “expect,” “intend,” “anticipate,” “estimate,” “project,” or similar expressions or the negative of those terms. Our ability to predict results of future events and the actual effect of future plans or strategies are inherently uncertain, and actual results may differ materially from those predicted in such forward-looking statements. Factors that could have a material adverse effect on our operations and future prospects or that could affect the outcome of such forward-looking statements include, but are not limited to, changes in interest rates; the economic health of the local real estate market; general economic conditions; credit deterioration in our loan portfolio that would cause us to increase our allowance for loan losses; legislative or regulatory changes; technological developments; monetary and fiscal policies of the U.S. government, including policies of the U.S. Treasury and the Federal Reserve Board; the quality or composition of our loan and securities portfolios; demand for loan products in our market areas; deposit flows and costs of capital; competition; retention and recruitment of qualified personnel; demand for financial services in our market areas; and changes in accounting principles, policies, and guidelines. These risks and uncertainties should be considered in evaluating forward-looking statements, and undue reliance should not be placed on such statements. The Company does not undertake and specifically declines any obligation to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

    Contact:   Scott Sandlin, Chief Strategy Officer
        479-684-3754
    WHITE RIVER BANCSHARES COMPANY
    CONSOLIDATED STATEMENTS OF INCOME
    (Unaudited)
                   
        For the Three Months Ended  
        March 31,   December 31,   March 31,  
         2025    2024    2024  
                   
    INTEREST INCOME              
    Loans, including fees   $ 18,315,006   $ 17,118,955   $ 14,994,922  
    Investment securities     1,258,571     1,300,977     929,040  
    Federal funds sold and other     232,978     262,856     96,154  
    Total interest income     19,806,555     18,682,788     16,020,116  
                   
    INTEREST EXPENSE              
    Deposits     8,312,455     7,963,925     6,984,793  
    Federal Home Loan Bank advances     393,057     300,137     520,319  
    Notes payable     475,425     396,899     398,017  
    Federal funds purchased and other     13,022     4,101     78,260  
    Total interest expense     9,193,959     8,665,062     7,981,389  
    NET INTEREST INCOME     10,612,596     10,017,726     8,038,727  
    Provision for credit losses     670,000     550,000     648,000  
    NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES   9,942,596     9,467,726     7,390,727  
                   
    NON-INTEREST INCOME              
    Service charges and fees on deposits     171,186     182,870     150,349  
    Wealth management fee income     1,017,829     1,035,160     845,506  
    Secondary market fee income     128,824     196,277     57,064  
    Bank owned-life insurance income     80,603     82,171     79,881  
    Gain on sales and write-downs of foreclosed assets     –     11,085     1,050  
    Other     544,141     535,284     449,255  
    TOTAL NON-INTEREST INCOME     1,942,583     2,042,847     1,583,105  
                   
    NON-INTEREST EXPENSE              
    Salaries and benefits     4,931,692     5,226,075     4,999,533  
    Occupancy and equipment     1,145,101     1,130,174     928,124  
    Data processing     858,115     806,411     790,569  
    Marketing and business development     397,137     518,628     463,697  
    Professional services     650,708     660,860     669,867  
    Amortization of other intangible assets     53,036     53,032     53,036  
    Other     393,498     445,998     403,836  
    TOTAL NON-INTEREST EXPENSE     8,429,287     8,841,178     8,308,662  
                   
    Income before income taxes     3,455,892     2,669,395     665,170  
    Income tax provision     826,085     834,444     155,942  
    NET INCOME   $ 2,629,807   $ 1,834,951   $ 509,228  
                   
    EARNINGS PER SHARE              
    Basic (1)   $ 1.07   $ 0.75   $ 0.26  
    Diluted (1)   $ 1.07   $ 0.75   $ 0.26  
                   
        (1)  Prior periods adjusted to give effect to stock split effected
    in the form of a dividend on September 4, 2024.    		  
                         
    WHITE RIVER BANCSHARES COMPANY  
    CONSOLIDATED BALANCE SHEETS  
    (Unaudited)  
                   
        March 31, 2025   December 31, 2024   March 31, 2024  
                   
    ASSETS      
    Cash and cash equivalents   $ 48,360,156     $ 22,149,012     $ 33,147,221    
    Investment securities     134,968,153       133,228,210       113,033,028    
    Loans held for sale     874,009       1,117,750       696,271    
    Loans     1,141,369,199       1,076,674,377       981,829,042    
    Allowance for credit losses     (13,347,855 )     (12,814,824 )     (12,113,099 )  
    Net loans     1,128,021,344       1,063,859,553       969,715,943    
    Premises and equipment, net     35,647,835       36,335,828       29,442,303    
    Foreclosed assets held for sale     310,406       310,406       640,574    
    Accrued interest receivable     6,629,881       6,035,084       4,966,665    
    Bank owned life insurance     9,859,911       9,779,307       9,534,373    
    Deferred income taxes     4,220,559       4,390,227       4,888,369    
    Other investments     6,782,614       8,421,651       7,548,338    
    Intangible assets, net     1,750,204       1,803,240       1,962,350    
    Other assets     1,825,830       2,080,346       1,323,255    
    TOTAL ASSETS   $ 1,379,250,902     $ 1,289,510,614     $ 1,176,898,690    
                   
    LIABILITIES & STOCKHOLDERS’ EQUITY      
    Deposits:              
    Demand and non-interest-bearing   $ 231,331,391     $ 214,838,920     $ 233,082,292    
    Savings and interest-bearing transaction accounts     456,733,576       429,293,348       339,042,365    
    Time deposits     512,882,444       448,909,115       438,110,170    
    Total deposits     1,200,947,411       1,093,041,383       1,010,234,827    
    Federal Home Loan Bank advances     21,593,143       43,667,559       36,887,028    
    Notes payable     26,141,832       26,124,556       26,337,909    
    Operating lease liability     20,029,714       20,851,721       16,128,536    
    Reserve for losses on unfunded commitments     1,478,000       1,478,000       1,433,000    
    Accrued interest payable     2,731,699       2,838,298       2,635,771    
    Other liabilities     5,798,159       4,919,715       3,868,383    
    TOTAL LIABILITIES     1,278,719,958       1,192,921,232       1,097,525,454    
                   
    Stockholders’ equity:              
    Common stock (1)     24,882       24,854       20,162    
    Surplus (1)     102,784,831       102,679,096       90,538,459    
    Retained earnings (accumulated deficit)     4,714,375       2,084,568       (3,115,687 )  
    Treasury stock, at cost     (1,265,731 )     (1,265,715 )     (1,119,100 )  
    Accumulated other comprehensive loss     (5,727,413 )     (6,933,421 )     (6,950,598 )  
    TOTAL STOCKHOLDERS’ EQUITY     100,530,944       96,589,382       79,373,236    
                   
      TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   $ 1,379,250,902     $ 1,289,510,614     $ 1,176,898,690    
                   
         (1) Prior periods adjusted to give effect to stock split effected
    in the form of a dividend on September 4, 2024. 
                               
    WHITE RIVER BANCSHARES COMPANY
    SUPPLEMENTAL INFORMATION
                   
        (Unaudited)  
        Three Months Ended  
        March 31,   December 31,   March 31,  
         2025     2024     2024   
                   
    FOR THE PERIOD              
    Net income   $ 2,629,807     $ 1,834,951     $ 509,228    
    Net income before taxes     3,455,892       2,669,395       665,170    
    Dividends declared per share (1)     –       –       –    
                   
                   
    PERIOD END BALANCE              
    Total assets   $ 1,379,250,902     $ 1,289,510,614     $ 1,176,898,690    
    Total investments     134,968,153       133,228,210       113,033,028    
    Total loans, net     1,128,021,344       1,063,859,553       969,715,943    
    Allowance for credit losses     (13,347,855 )     (12,814,824 )     (12,113,099 )  
    Total deposits     1,200,947,411       1,093,041,383       1,010,234,827    
    Stockholders’ equity     100,530,944       96,589,382       79,373,236    
                   
                   
    RATIO ANALYSIS              
    Return on average assets (annualized)     0.79 %     0.58 %     0.18 %  
    Return on average equity (annualized)     10.64 %     7.34 %     2.52 %  
    Net loans/Deposits     93.93 %     97.33 %     95.99 %  
    Total Stockholders’ Equity/Total assets     7.29 %     7.49 %     6.74 %  
    Net loan losses/Total loans     0.01 %     -0.01 %     -0.00 %  
    Uninsured & unpledged deposits     31.00 %     31.78 %     30.22 %  
                   
                   
    PER SHARE DATA              
    Shares oustanding (1)     2,449,317       2,446,563       1,982,630    
    Weighted average shares outstanding (1)     2,446,747       2,446,241       1,983,378    
    Diluted weighted average shares outstanding (1)   2,451,161       2,446,471       1,983,378    
    Basic earnings (1)   $ 1.07     $ 0.75     $ 0.26    
    Diluted earnings (1)     1.07       0.75       0.26    
    Book value (1)     41.04       39.48       40.03    
    Tangible book value (1)     40.33       38.74       39.05    
                   
                   
    ASSET QUALITY              
    Net (recoveries) charge-offs   $ 136,970     $ (106,340 )   $ (21,195 )  
    Classified assets     853,745       494,828       2,657,273    
    Nonperforming loans     419,985       55,132       1,718,805    
    Nonperforming assets     730,391       365,538       2,359,378    
    Total nonperforming loans/Total loans     0.04 %     0.01 %     0.18 %  
    Total nonperforming loans/Total assets     0.03 %     0.00 %     0.15 %  
    Total nonperforming assets/Total assets     0.05 %     0.03 %     0.20 %  
    Allowance for credit losses/Total loans     1.17 %     1.19 %     1.23 %  
                   
                   
        (1) Prior periods adjusted to give effect to stock split effected
    in the form of a dividend on September 4, 2024. 
                               
    WHITE RIVER BANCSHARES COMPANY  
    INTEREST INCOME AND EXPENSE  
    (Unaudited)  
                                           
        Three Months Ended  
        March 31,   December 31,   March 31,  
         2025     2024     2024   
        Average       Average   Average       Average   Average       Average  
        Balance   Interest   Yield/Rate   Balance   Interest   Yield/Rate   Balance   Interest   Yield/Rate  
                                           
    Interest-earning assets:                                      
    Federal funds sold and other   $ 23,287,989   $ 232,978   4.06 %   $ 20,998,114   $ 262,856   4.98 %   $ 8,343,674   $ 96,154   4.63 %  
    Investment securities available-for-sale (1)     133,405,472     1,208,821   3.67 %     132,386,055     1,150,282   3.46 %     114,440,538     900,886   3.17 %  
    Loans receivable     1,106,648,533     18,315,006   6.71 %     1,018,919,798     17,118,955   6.68 %     960,808,253     14,994,922   6.28 %  
    Total interest-earning assets     1,263,341,994   $ 19,756,805   6.34 %     1,172,303,967   $ 18,532,093   6.29 %     1,083,592,465   $ 15,991,962   5.94 %  
    Noninterest-earning assets     81,821,189             81,203,717             70,720,928          
    Total assets   $ 1,345,163,183           $ 1,253,507,684           $ 1,154,313,393          
    Interest-bearing liabilities:                                      
    Interest-bearing deposits   $ 937,669,969   $ 8,312,455   3.60 %   $ 847,808,178   $ 7,963,925   3.74 %   $ 762,899,599   $ 6,984,793   3.68 %  
    FHLB advances and federal funds purchased   36,654,930     406,079   4.49 %     28,097,088     304,238   4.31 %     50,749,219     598,579   4.74 %  
    Notes payable     26,131,761     475,425   7.38 %     26,118,547     396,899   6.05 %     25,489,325     398,017   6.28 %  
    Total interest-bearing liabilities     1,000,456,660   $ 9,193,959   3.73 %     902,023,813   $ 8,665,062   3.82 %     839,138,143   $ 7,981,389   3.83 %  
    Noninterest-bearing liabilities     244,466,979             252,089,008             233,847,965          
    Total liabilities     1,244,923,639             1,154,112,821             1,072,986,108          
    Stockholders’ equity     100,239,544             99,394,863             81,327,285          
    Total liabilities and stockholders’ equity   $ 1,345,163,183           $ 1,253,507,684           $ 1,154,313,393          
    Net interest-earning assets   $ 262,885,334           $ 270,280,154           $ 244,454,322          
    Net interest spread       $ 10,562,846   2.62 %       $ 9,867,031   2.47 %       $ 8,010,573   2.11 %  
    Net interest margin           3.39 %           3.35 %           2.97 %  
                                           
         (1) Excludes investments in bank stock (Federal Reserve Bank, Federal Home Loan Bank, and First National Bankers Bankshares).  
                                           

    The MIL Network –

    April 16, 2025

  • MIL-OSI: Roth Canada Opens Calgary Office, Bolsters Energy and Sustainability Practice with Senior Investment Banking and Research Hires

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 15, 2025 (GLOBE NEWSWIRE) — via IBN — Roth Canada, Inc. (Roth Canada), the Canadian affiliate of Roth Capital Partners LLC, (collectively “ROTH”), announces today the expansion of its Energy and Sustainability teams with the addition of Tony Loria as Managing Director, Co-Head Investment Banking; Matt Halasz as Managing Director, Investment Banking; and Zain Sadek as Analyst, Investment Banking. In addition, Roth Canada has added Jamie Somerville and Christopher True as Managing Directors, Senior Research Analysts, to its Calgary office. These strategic additions reinforce our commitment to supporting Canadian growth equity companies with full-service investment banking capabilities, access to international investors, and providing institutional clients with research-driven ideas.

    Ted Roth, Vice-Chairman of ROTH and CEO of Roth Canada, noted, “ROTH has a track record of over 30 years supporting growth-stage companies across many sectors and is a leading underwriter in the small and mid-cap space. Our Energy and Sustainability practices have been core to our business, supported not only by our banking, research, and sales capabilities in the United States, but also by our international distribution and leading corporate access activities. We are committed to leveraging this platform in support of Canadian issuers, investors, and stakeholders.”

    Additions to Roth Canada’s Investment Banking:

    Tony Loria has joined Roth Canada as Managing Director, Co-Head Investment Banking, bringing over 25 years of experience in the industry. Throughout his career, he has built and managed multiple banking franchises while advising a global client base on corporate finance, M&A, strategy, and innovation. Based in Calgary, Alberta, Tony specializes in the upstream small and mid-cap Energy sector and has led multiple investment banking franchises, including Genuity, Canaccord Genuity, Dundee Securities, and Eight Capital. At Eight Capital, he played a pivotal role in expanding the firm’s presence in the Sustainability and New Energy sectors, establishing it as a cornerstone asset.

    Matt Halasz has joined Roth Canada as Managing Director, Investment Banking, bringing nearly 15 years of experience in the investment banking industry. Known for his leadership, strategic thinking, and financial expertise, Matt oversees key client relationships and leads complex financial transactions across the oil & gas, energy, and sustainability sectors. Before joining Roth Canada, he worked at several leading full-service, independent investment dealers, gaining a deep understanding of capital markets.

    Zain Sadek has joined Roth Canada as Analyst, Investment Banking, bringing three years of experience in strategic and financial advisory services. Previously, he worked as an investment banker at a prominent independent Canadian investment bank, where he supported clients in the Energy and Sustainability sectors. Before that, Zain served as a management consultant at a leading global advisory firm.

    Additions to Roth Canada’s Research Team:

    Jamie Somerville has joined Roth Canada as Managing Director, Senior Research Analyst. Jamie has over 20 years of energy finance experience. He was most recently an equity research analyst at Eight Capital, and was previously at TD Securities from 2010-2015, and at Genuity Capital Markets from 2006-2010, where he was a Brendan Woods-ranked and StarMine award-winning analyst. He has also worked in executive and senior management positions for multiple publicly listed oil and gas companies.

    Christopher True has joined Roth Canada as Managing Director, Senior Research Analyst. Christopher has 6 years of sell-side equity research experience covering energy stocks for Eight Capital and CIBC World Markets. Before that, Christopher worked in the acquisitions and growth group at a leading Canadian oil and gas royalty company. Christopher graduated from the University of Calgary with a Bachelor of Commerce from the Haskayne School of Business.

    “It is with a great deal of excitement that we announce the opening of our Calgary office, and the addition of Tony, Matt, Zain, Jamie, and Christopher,” said Brady Fletcher, President of Roth Canada. “We launched in Canada to support Canadian companies providing strategic advisory and access to capital by leveraging ROTH. Having top talent like Tony and his team recognize that opportunity continues to demonstrate the demand for our platform, and access to a differentiated network of investors, in the Canadian market.”

    About Roth Canada, Inc.

    Roth Canada, Inc. is a Canadian CIRO-regulated Dealer Member focused on serving emerging Canadian growth companies and their investors. Roth Canada is headquartered in Toronto and maintains offices in Calgary and Vancouver. For more information on Roth Canada, please visit www.rothcanada.ca.

    Investor Contact:

    Roth Canada, Inc.
    Brady Fletcher
    President
    bfletcher@rothcanada.ca

    ROTH – Member FINRA/SIPC – www.roth.com
    Roth Canada – Member CIRO/CIPF – www.rothcanada.ca

    Media Contact:

    IBN
    Los Angeles, California
    www.InvestorBrandNetwork.com
    310.299.1717 Office
    Editor@InvestorBrandNetwork.com

    The MIL Network –

    April 16, 2025

  • MIL-OSI: Veeco Earns Intel’s 2025 EPIC Supplier Award

    Source: GlobeNewswire (MIL-OSI)

    PLAINVIEW, N.Y., April 15, 2025 (GLOBE NEWSWIRE) — Veeco Instruments Inc. (NASDAQ: VECO) is proud to announce that it has earned the exclusive Intel EPIC Supplier Award for 2025. This award recognizes the top performers in the Intel supply chain for their world-class commitment to continuous improvement and performance excellence over the past year.

    “Congratulations to Veeco on receiving the Intel EPIC Supplier Award, Intel’s highest supplier recognition,” said Frank Sanders, corporate vice president and general manager of Global Supply Chain Operations at Intel. “Their unwavering commitment to quality, drive for excellence, and dedication to technology innovation make them vital to our success. We greatly appreciate their collaboration and continued focus on results.”

    “As one of a select few companies awarded the Intel EPIC Supplier Award in 2025, Veeco is truly one of the best suppliers in the semiconductor industry,” said Dave Bloss, corporate vice president and general manager of Global Sourcing for Equipment & Materials at Intel. “Their customer orientation and commitment to superior performance is a testament to their dedication and serves as a global benchmark for others to follow.”

    The Intel EPIC Supplier Award recognizes the top performers in the Intel supply chain for their dedication to “EPIC” performance—Excellence, Partnership, Inclusion and Continuous Improvement. Of the thousands of Intel suppliers around the world, only a few hundred qualify to participate in the EPIC Supplier Program.

    To qualify for the Intel EPIC Supplier Award, suppliers must exceed the highest expectations and achieve aggressive strategic objectives aligned to Intel’s priorities.

    Get more information about the Intel EPIC Supplier Awards
    Find the latest at the Intel Newsroom
    Visit the Intel EPIC Supplier Awards page

    About Veeco
    Veeco (NASDAQ: VECO) is an innovative manufacturer of semiconductor process equipment. Our laser annealing, ion beam, single wafer etch & clean, lithography, metal organic chemical vapor deposition (MOCVD), and chemical vapor deposition (CVD) technologies play an integral role in the fabrication and packaging of advanced semiconductor devices. With equipment designed to optimize performance, yield and cost of ownership, Veeco holds leading technology positions in the markets we serve. To learn more about Veeco’s systems and service offerings, visit www.veeco.com.

    To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management’s Discussion and Analysis sections of Veeco’s Annual Report on Form 10-K for the year ended December 31, 2024 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.

    Veeco Contacts:
    Investors: Anthony Pappone | (516) 500-8798 | apappone@veeco.com
    Media: Brenden Wright | (410) 984-2610 | bwright@veeco.com

    The MIL Network –

    April 16, 2025

  • MIL-OSI: Global Robotic Exoskeleton Market Size Expected to Reach $30 Billion By 2032 as A.I. Influence Disrupts the Industry

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., April 15, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Industry experts project that the wearable robotic exoskeleton market, which has experienced notable growth over the past decade, driven by advancements in robotics, the increasing need for rehabilitation technologies, and heightened emphasis on workplace safety, will continue to grow substantially. The market’s growth has been particularly robust in the healthcare and manufacturing sectors, where both assistive and powered exoskeletons are in high demand. Furthermore, the market’s expansion is propelled by technological innovations, with powered systems holding the largest wearable robotic exoskeleton market share due to their superior performance and adaptability. Ongoing technological advancements, particularly in AI, sensors, and battery efficiency, are expected to drive further adoption across various sectors. The healthcare sector is anticipated to witness increased adoption of rehabilitation and assistive solutions. At the same time, the defense and manufacturing industries continue to seek solutions for enhancing human endurance and reducing injury risks. With strong growth projections, especially in emerging markets such as Asia Pacific, the market is expected to see continued investment and development over the forecast period. A report from Fortune Business Insights said that the global wearable robotic exoskeleton market size is projected to grow to USD 30.56 billion by 2032, exhibiting a CAGR of 43.1% during the forecast period. North America dominated the global market with a share of 38.64% in 2024. Active companies in news today include: KULR Technology Group, Inc. (NYSE: KULR), C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW), Pitney Bowes (NYSE: PBI), GXO Logistics, Inc. (NYSE: GXO), Microbot Medical Inc. (NASDAQ: MBOT).

    The Fortune Business Insights report continued: “A key trend in the wearable robotic exoskeleton market is the integration of Artificial Intelligence (AI) and advanced sensor technologies to improve precision, functionality, and user experience. AI-powered exoskeletons are capable of learning and adapting to the user’s movements, offering personalized assistance based on real-time data. This adaptive functionality is particularly beneficial in rehabilitation, where exoskeletons can adjust their support levels according to the patient’s progress, enhancing recovery outcomes. Advanced sensors, including pressure, motion, and biofeedback sensors, are enabling more intuitive control, allowing the exoskeleton to respond seamlessly to the user’s body movements. These innovations are improving the ease of use and reducing the cognitive load on users, making the technology more accessible and effective for a broader audience. As AI and sensor technology continue to evolve, the capabilities of wearable exoskeletons are expected to grow, driving higher adoption across various sectors, from healthcare to industrial applications.”

    KULR Technology Group, Inc. (NYSE American: KULR) Expands into High-Growth Robotics Market with German Bionic AI-Powered Exoskeletons for U.S. Workforce – KULR Technology Group, Inc. (the “Company” or “KULR”) ($KULR), a leader in advanced energy management platforms, today announced the launch of a new strategic partnership with German Bionic (“GB”), a leading global robotics company known for its groundbreaking robotic exoskeleton, Apogee ULTRA, to expand into the rapidly growing fields of robotics and artificial intelligence. GB counts global logistics companies, large retailers, hospitals, and major international airports among its customers, including Dachser Intelligent Logistics, GXO, Nuremberg Airport, Canadian Tire, the British consumer electronics retailer Currys, and the Charité Hospital Berlin. According to Spherical Insights, the global wearable robotic exoskeleton market size is expected to reach $41.5 billion by 2033.

    The initiative includes the formation of a dedicated business unit, KULR AI & Robotics, aimed at driving innovation and commercialization of affordable and mature robotic solutions to support the US workforce and reshoring of manufacturing. During their EOY and Q4 earnings call, KULR also announced that their website has been updated and relaunched as KULR.ai to reflect this shift and the introduction of the new business unit. The new unit will be led by Josh Steinmann, VP of AI and Robotics.

    “This partnership exemplifies our broader strategy to leverage our energy management expertise and become a key enabler of the robotics and AI ecosystem, as these applications demand higher battery performance and more efficient thermal management for their high-performance electronics,” said Michael Mo, CEO of KULR Technology Group. “AI is a critical enabler of robotics, and we’re aggressively focused on this area – through this partnership and other strategic initiatives – to help shape the future of human-machine interface.”

    “We are pleased to have KULR as a key partner, joining us in the journey to scale and deliver the world’s strongest data-driven exoskeletons to North America and beyond,” says Armin G. Schmidt, Founder and CEO of German Bionic. “At the core of our innovation is a clear understanding of energy as a fundamental force – something unseen yet essential in driving both progress and human advancement. Our exoskeletons are designed to empower and elevate frontline workers, unlocking their full potential each day. This partnership is the natural unfolding of our mission to infuse the world with greater value, vitality, and purpose.”

    The sixth-generation Apogee ULTRA is a proven, in-market solution engineered for large-scale deployment. Apogee ULTRA and anticipated future generations of the exoskeleton can enhance human energy output significantly and materially reduce workplace injuries, driving outsized returns on investment, employee satisfaction and retention, and reduced healthcare costs. This technology has demonstrated success across multiple sectors, including delivery logistics, supply chain solutions, manufacturing, construction, and healthcare.   CONTINUED…   Read this entire press release and more news for KULR at: https://www.financialnewsmedia.com/news-kulr/.

    In other developments in the markets of note:

    C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) recently announced that it will issue its first quarter 2025 results after the market closes on Wednesday, April 30, 2025. The company will hold a conference call from 5:00 pm – 6:00 pm Eastern Time on the same day to discuss the quarterly results and answer live questions from the investment community. Presentation slides and a simultaneous audio webcast of the conference call may be accessed at http://investor.chrobinson.com. To participate in the conference call by telephone, please call ten minutes early by dialing 877-269-7756. An audio replay will be available at http://investor.chrobinson.com.

    C.H. Robinson delivers logistics like no one else™. Companies around the world look to us to reimagine supply chains, advance freight technology, and solve logistics challenges—from the simple to the most complex. 83,000 customers and 450,000 contract carriers in our network trust us to manage 37 million shipments and $23 billion in freight annually. Through our unmatched expertise, unrivaled scale, and tailored solutions, we ensure the seamless delivery of goods across industries and continents via truckload, less-than-truckload, ocean, air, and beyond. As a responsible global citizen, we make supply chains more sustainable and proudly contribute millions to the causes that matter most to our employees.

    Pitney Bowes (NYSE: PBI) recently announced Pitney Bowes has been recognized as the Top Company in Shipping Software for 2025 by Logistics Tech Outlook, a leading enterprise technology magazine trusted by senior-level leaders and decision-makers in the logistics industry. This award highlights Pitney Bowes’ commitment to delivering cutting-edge shipping technology that empowers businesses to streamline their logistics operations.

    “Pitney Bowes has set a new benchmark in the shipping software industry by providing highly adaptable, secure, and data-driven solutions,” said Linda James, Managing Editor of Logistics Tech Outlook. “Their ability to continually innovate and address the evolving needs of businesses, from eCommerce retailers to large enterprises, made them a clear choice for this recognition.”

    GXO Logistics, Inc. (NYSE: GXO) recently announced a new strategic partnership with Hisense, a global leader in technology, televisions, home appliances and HVAC equipment. GXO will be responsible for managing Hisense’s logistics operations at a new 36,000-square-meter site in Albuixech, Valencia. Operations will include distribution, returns and repacking as well as value-added services such as repalletization.

    ‘We are very proud of this new strategic partnership with Hisense, a company that shares our values of innovation and excellence,” said Rui Marques, Managing Director of GXO in Spain and Portugal. “Our ability to address supply chain challenges such as peak demand, as well as operate an environmentally sustainable facility, are key to enabling increased customer satisfaction for Hisense.”

    Microbot Medical Inc. (NASDAQ: MBOT), developer of the innovative LIBERTY® Endovascular Robotic System, recently presented for the first time the data from its ACCESS-PVI pivotal trial at the Society of Interventional Radiology (SIR) annual meeting. The study was performed at three leading medical centers in the U.S.; Memorial Sloan Kettering Cancer Center (New York, NY), Baptist Hospital of Miami (Miami, FL) and Brigham and Women’s Hospital (Boston, MA). The late-breaking podium presentation was given by Francois Cornelis, M.D., PhD, Director of the Neuro Vascular Interventional Radiology Program at Memorial Sloan Kettering Cancer Center.

    The data presented concluded that robotic endovascular procedures using LIBERTY® are feasible and significantly minimize radiation exposure.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates Financialnewsmedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM was compensated forty six hundred dollars for news coverage of the current press releases issued by KULR Technology Group, Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757 

    SOURCE: FN Media Group

    The MIL Network –

    April 16, 2025

  • MIL-OSI: Tenable Announces Date For Its First Quarter Earnings Conference Call

    Source: GlobeNewswire (MIL-OSI)

    COLUMBIA, Md., April 15, 2025 (GLOBE NEWSWIRE) — Tenable® (NASDAQ: TENB), the exposure management company, today announced it will release its financial results for its first quarter ended March 31, 2025, after the U.S. market close on Tuesday, April 29, 2025. Tenable will host a conference call that day at 4:30 p.m. ET to discuss the results.

    A live webcast of the event will be available on the Tenable Investor Relations website at https://investors.tenable.com. A live dial-in will be available domestically at 1-877-407-9716 or internationally at 1-201-493-6779. An archived replay will be available following the call.

    About Tenable
    Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for approximately 44,000 customers around the globe. Learn more at tenable.com.

    Media Contact:
    Tenable
    tenablepr@tenable.com

    The MIL Network –

    April 16, 2025

  • MIL-OSI: Charli AI Acquires Sums Capital to become Charli Capital and Disrupt the World of Investments with AI-Powered Insights for Private and Public Markets

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 15, 2025 (GLOBE NEWSWIRE) — Charli AI, a leader in AI driven market intelligence, announced today that the company entered into an agreement to acquire Sums Capital, an early-stage investment platform specializing in streamlining investor transparency, reporting, and portfolio management for private companies. This strategic move enhances Charli AI’s ability to deliver advanced, AI-powered financial insights, streamlining capital flow and decision-making across both private and public markets. 

    The acquisition of Sums Capital marks a transformative milestone as it brings a sizeable network of private investors and integrates its advanced investor reporting platform with Charli AI’s autonomous, AI-driven financial analysis. This strategic union will redefine how startups, investors, and financial institutions approach investment intelligence, portfolio oversight, and capital engagement. Moving forward, Charli AI will operate under its new name—Charli Capital—the market intelligence platform setting the standard for industry wide analysis across both public and private companies.  

    Redefining Investment Capital Allocation with AI-Driven Market Intelligence 
    “The acquisition of Sums Capital marks a transformative step in redefining financial intelligence,” said Kevin Collins, CEO of Charli AI. “By combining Charli AI’s advanced intelligence with Sums Capital’s private investment expertise and investor network, we’re delivering the first end-to-end solution that brings transparency, automation, and actionable insights to a market where investors have long lacked visibility—especially to private company in depth analysis. This democratizes access to investments in the 99% of companies that are private. 

    Key Benefits of the Acquisition: 

    • Intelligent Investment Network: Connecting private companies seeking capital with investors looking for a pre-qualified deal flow, facilitated by dealers/brokers and powered by Private and Public market insights. 
    • Stronger Startup & Investor Support: The integration enhances startup access to capital and delivers streamlined investor reporting, valuations, and portfolio transparency. 
    • AI-Driven Financial Innovation: Charli AI’s purpose-built platform strengthens Sums Capital’s offerings with pre-analyzed and instantly available investment scorecards. 
    • Accelerated Go To Market: Leverage Sums Capital’s deep ties to early-stage investors fast-track Charli AI’s expansion, positioning it as a leader in AI-powered investment intelligence. 

    Pioneering the Future of AI in Financial Services 
    With this acquisition, Charli Capital provides a first of its kind dual-sided network—scaled by Charli’s multidimensional intelligence. Charli Capital is shaping the future of investment by enabling investors to discover hidden investment opportunities, access high-quality deal flow, and opens the gates for a new era of private investing. 

    About Charli AI 

    Charli AI is an advanced and well-recognized AI driven market intelligence platform designed specifically for banking and investment services. Leveraging Multidimensional AI™, Charli AI provides accurate, secure, scalable, and compliant solutions that empower financial organizations to focus on high-value activities rather than manual data tasks. For more information, visit www.charliai.com.   

    About Sums Capital 

    Sums Capital is a financial technology platform focused on improving investor relations and transparency for early-stage companies. By providing structured reporting, valuations, and streamlined communication, Sums Capital helps startups build stronger relationships with investors and navigate the path to growth with confidence. 

    For media inquiries, please contact: 

    Fatema Bhabrawala 
    Media Relations
    fbhabrawala@allianceadvisors.com   

    The MIL Network –

    April 16, 2025

  • MIL-OSI: Unlimited Expands ETF Lineup with New Global Macro Hedge Fund Strategy

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 15, 2025 (GLOBE NEWSWIRE) — Bob Elliott, CEO and CIO of Unlimited, today announced the launch of the Unlimited HFGM Global Macro ETF (NYSE: HFGM), a new actively managed exchange-traded fund offering exposure to global macro hedge fund style strategies. The Fund capitalizes on Mr. Elliott’s extensive experience as a systematic global macro portfolio manager by dynamically allocating capital long and short across a wide range of global markets opportunities in search of mispricing. The fund utilizes liquid exchange-listed futures contracts, and a basket of ETFs based upon systematic signals. The positions are adjusted based on evolving market conditions with the goal of adding diversification benefits to investors’ portfolios.

    HFGM seeks to capitalize on global market mispricing opportunities spanning currency, fixed income, equity, credit and exchange rate markets. Global macro managers have a long track record of generating consistent alpha with low correlation to the broader equity and fixed income markets. HFGM deploys Unlimited’s proprietary, data-driven technology to interpret the current positioning of global macro managers and replicate those positions in its own portfolio.

    The launch of HFGM expands on Unlimited’s mission to provide investors with access to hedge fund-style returns without the high fees and tax inefficiencies that can erode performance over time. Unlimited’s ETF offering includes the Unlimited HFND Multi-Strategy Return Tracker ETF (NYSE: HFND), which has a two-year track record of offering investors exposure to a broad set of hedge fund style strategies.

    “Financial advisors and institutional investors facing turbulent markets are looking for ways to diversify their portfolios, but many find the high fees, lack of liquidity and adverse tax treatment associated with traditional alts offerings untenable,” said Mr. Elliott. “Our Global Macro ETF was designed to offer a volatility target aligned with equity markets as an investor-friendly way to add the diversification features of alts to a balanced portfolio.”

    Hedge fund strategies overall have historically generated strong uncorrelated returns for investors, but high fees combined with inefficient tax structures have significantly eroded that performance.

    HFGM offers a transparent, liquid, and cost-effective alternative to traditional hedge fund allocations, carrying a lower expense ratio than the standard “2 and 20” hedge fund fee model.

    HFGM is the first of several new actively managed ETFs the firm plans to launch over the coming months. The suite includes two additional strategies that have been approved by the Securities and Exchange Commission with launch plans in the works for later this year, Unlimited HFMF Managed Futures ETF and Unlimited HFEQ Equity Long/Short ETF.

    Unlimited’s ETFs are managed by Mr. Elliott, former investment committee member at Bridgewater Associates and Bruce McNevin, co-founder and Chief Data Scientist at Unlimited. Mr. McNevin brings extensive experience in quantitative modeling and data science, having held positions at hedge funds Clinton Group and Midway Group, as well as Bank of America and BlackRock.

    For more information on HFGM or HFND, please visit https://www.unlimitedetfs.com

    Media Contacts:

    Sarah Lazarus Zach Kouwe
    Dukas Linden Public Relations Dukas Linden Public Relations
    +1 617-335-7823 +1 551-655-4032
    sarah@dlpr.com zkouwe@dlpr.com
       

    Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus. A prospectus may be obtained by visiting www.unlimitedetfs.com. Please read the prospectus carefully before you invest.

    Important Risks

    Underlying ETFs Risks. The Fund will incur higher and duplicative expenses because it invests in Underlying ETFs. There is also the risk that the Fund may suffer losses due to the investment practices of the Underlying ETFs. The Fund will be subject to substantially the same risks as those associated with the direct ownership of securities held by the Underlying .ETFs.

    Management Risk. The Fund is actively managed and may not meet its investment objective based on the Sub-Adviser’s success or failure to implement investment strategies for the Fund.

    Machine Learning, Model and Data Risk. The Fund relies heavily on proprietary “machine learning” selection processes. In addition, the composition of the Fund’s portfolio is heavily dependent on proprietary quantitative models as well as information and data supplied by third parties (“Models and Data”).

    Volatility Risk. The Fund seeks to achieve a higher level of volatility than its target hedge fund industry sector, which may result in substantial price fluctuations over short periods. As a result, the value of the Fund’s investments may rise or fall significantly, and investors should be prepared for increased levels of volatility compared to traditional equity funds.

    Commodity Risk. Underlying ETFs that invest in the commodities markets may be subject to greater volatility than investments in traditional securities.

    Derivatives Risk. The Fund’s or an Underlying ETF’s derivative investments have risks, including the imperfect correlation between the value of such instruments and the underlying assets or index; the loss of principal, including the potential loss of amounts greater than the initial amount invested in the derivative instrument; the possible default of the other party to the transaction; and illiquidity of the derivative investments.

    Emerging Markets Risk. The Fund may invest in Underlying ETFs that invest in securities issued by companies domiciled or headquartered in emerging market nations. Investments in securities traded in developing or emerging markets, or that provide exposure to such securities or markets, can involve additional risks relating to political, economic, currency, or regulatory conditions not associated with investments in U.S. securities and investments in more developed international markets.

    Fixed Income Securities Risk. The Fund may invest in Underlying ETFs that invest in fixed income securities. The prices of fixed income securities may be affected by changes in interest rates, the creditworthiness and financial strength of the issuer and other factors. An increase in prevailing interest rates typically causes the value of existing fixed income securities to fall and often has a greater impact on longer-duration and/or higher quality fixed income securities.

    Foreign Securities Risk. Foreign securities held by Underlying ETFs in which the Fund invests involve certain risks not involved in domestic investments and may experience more rapid and extreme changes in value than investments in securities of U.S. companies.

    Futures Contracts Risk. The Fund or Underlying ETFs may invest in futures contracts. Risks of futures contracts include: (i) an imperfect correlation between the value of the futures contract and the underlying asset; (ii) possible lack of a liquid secondary market; (iii) the inability to close a futures contract when desired; (iv) losses caused by unanticipated market movements, which may be unlimited; (v) an obligation for the Fund or an Underlying ETF, as applicable, to make daily cash payments to maintain its required margin, particularly at times when the Fund or Underlying ETF may have insufficient cash; and (vi) unfavorable execution prices from rapid selling.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Short Selling Risk. The Fund may make short sales of securities of Underlying ETFs, which involves selling a security it does not own in anticipation that the price of the security will decline. Short sales may involve substantial risk and leverage. Short sales expose the Fund to the risk that it will be required to buy (“cover”) the security sold short when the security has appreciated in value or is unavailable, thus resulting in a loss to the Fund. Short sales also involve the risk that losses may exceed the amount invested and may be unlimited.

    Swap Agreement Risk. The Fund or an Underlying ETF may invest in swap agreements. Swap agreements could result in losses if the underlying asset or reference does not perform as anticipated. Swaps can have the potential for unlimited losses. They are also subject to counterparty risk. If the counterparty fails to meet its obligations, the Fund (or the Underlying Fund) may lose money.

    Definitions:

    20 and 2 strategy: Describes the standard fee structure charged by advisers of private funds, which generally includes a 2% asset-based management fee, in addition to a 20% performance fee charged on the profits on investments.

    Distributed by Foreside Fund Services, LLC.

    The MIL Network –

    April 16, 2025

  • MIL-OSI United Kingdom: Woking Borough Council: Letter to Barry Scarr appointing him as Finance Commissioner

    Source: United Kingdom – Executive Government & Departments

    Correspondence

    Woking Borough Council: Letter to Barry Scarr appointing him as Finance Commissioner

    A copy of the letter to Barry Scarr, regarding the Parliamentary Under-Secretary of State’s decision to appoint him as the Finance Commissioner at Woking Council.

    Applies to England

    Documents

    Woking Borough Council: Letter to Barry Scarr appointing him as Finance Commissioner

    PDF, 185 KB, 3 pages

    Details

    Copy of the letter from James Blythe, Deputy Director, Local Government Stewardship and Intervention, at Ministry of Housing, Communities and Local Government to Barry Scarr, confirming the Parliamentary Under-Secretary of State‘s decision to appoint him as the Finance Commissioner to Woking Council until 31 October 2025.

    Updates to this page

    Published 15 April 2025

    Sign up for emails or print this page

    MIL OSI United Kingdom –

    April 16, 2025

  • MIL-OSI Security: Wanted by the FBI: High School Students for the 2025 FBI Summer Teen Academy

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (c)

    EL PASO, TX—The FBI El Paso Field Office invites all interested 9th-12th grade students enrolled in accredited high schools (public, private or homeschool) in El Paso to apply to attend the FBI El Paso Teen Academy, which will be held at 660 S. Mesa Hills. The academy will run from 8:30 a.m. – 4:00 p.m. Tuesday only, and 8:30 a.m. – 12:00 p.m. Wednesday through Friday.

    “Participating in the FBI El Paso Teen Academy is an exciting and unique opportunity for students who are passionate about making a difference in their communities and our nation,” said John Morales, FBI El Paso Special Agent in Charge. “As the future leaders and changemakers, today’s teens have an amazing, firsthand opportunity to step inside the world of the FBI and explore how they can be part of something greater—protecting the American people and upholding the U.S. Constitution. This immersive experience not only introduces students to real-world, multi-disciplinary career paths in federal law enforcement, but also inspires them to develop leadership, integrity, and a strong sense of civic duty. If you’re driven by purpose bigger than yourself, a burning desire to protect your community and curious about how the FBI serves our nation, the Teen Academy is your first step toward an impactful and rewarding future.”

    The FBI Teen Academy provides an opportunity for high school students to catch a glimpse behind the scenes of the FBI. Upon completion of Teen Academy, high school students will have a greater understanding of the FBI’s mission and how we serve our citizens, community, and nation. During the academy, students will be afforded an opportunity to learn about how evidence is collected at crime scenes; discover how FBI SWAT executes arrests; learn about terrorism, civil rights, crimes against children, and cyber programs; as well as job opportunities and requirements. Students will learn from Special Agents, Intelligence Analysts, Language Specialists, and Professional Staff about investigative tactics that include gathering evidence, interviewing witnesses, and assisting with cases.

    The FBI does not hire only individuals with a criminal justice background, therefore, any student with an interest in the FBI and what we do is encouraged to apply. All students will be evaluated based on their application (school activities and community involvement) and an essay to determine which students will be offered a seat in the class. None of the above elements will be the sole basis of the evaluation of an application, and the application process should be taken seriously by all applicants.

    The application, release form, and a supporting essay must be received by the FBI El Paso Field Office by 5 p.m. May 16, 2025. Submit applications to: FBI_EP_TeenAcademy@fbi.gov. Incomplete and late applications will not be accepted. We will notify students of their application status by e-mail no later than Friday, May 30, 2025. The application and more information can be found here: https://www.fbi.gov/contact-us/field-offices/elpaso/community-outreach

    MIL Security OSI –

    April 16, 2025

  • MIL-OSI Security: Buscado por el FBI: Estudiantes de secundaria para la Academia de Verano para Adolescentes del FBI 2025

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (c)

    EL PASO, TX—La Oficina de Campo del FBI en El Paso invita a todos los estudiantes interesados de 9º a 12º grado inscritos en escuelas secundarias acreditadas (públicas, privadas o de educación en el hogar) en El Paso a solicitar asistir al FBI El Paso Teen Academy (la Academia de Adolescentes del FBI en El Paso), que se llevará a cabo en 660 S. Mesa Hills. La academia se llevará a cabo de 8:30 a.m. a 4:00 p.m. Solo los martes, y de 8:30 a.m. a 12:00 p.m. De miércoles a viernes.

    “Participar en la Academia de Adolescentes del FBI en El Paso es una oportunidad emocionante y única para los estudiantes apasionados por marcar la diferencia en sus comunidades y en nuestra nación,” dijo John Morales, Agente Especial a Cargo del FBI en El Paso. “Como futuros líderes y agentes de cambio, los adolescentes de hoy tienen una oportunidad increíble y de primera mano de adentrarse en el mundo del FBI y explorar cómo pueden ser parte de algo más grande: proteger a los estadounidenses y defender la Constitución de los Estados Unidos. Esta experiencia inmersiva no solo presenta a los estudiantes trayectorias profesionales multidisciplinarias del mundo real en la aplicación de la ley federal, sino que también los inspira a desarrollar liderazgo, integridad y un fuerte sentido del deber cívico. Si te impulsa un propósito más grande que tú mismo, un deseo ardiente de proteger a tu comunidad y sientes curiosidad por saber cómo el FBI sirve a nuestra nación, la Academia para Adolescentes es tu primer paso hacia un futuro impactante y gratificante.”

    La Academia de Adolescentes del FBI ofrece una oportunidad para que los estudiantes de secundaria echen un vistazo detrás de escena del FBI. Al finalizar Teen Academy, los estudiantes de secundaria tendrán una mayor comprensión de la misión del FBI y cómo servimos a nuestros ciudadanos, comunidad y nación. Durante la academia, los estudiantes tendrán la oportunidad de aprender cómo se recopilan las pruebas en las escenas del crimen; descubra cómo el SWAT del FBI ejecuta los arrestos; aprenderán sobre terrorismo, derechos civiles, delitos contra niños y programas cibernéticos; así como las oportunidades y requisitos laborales. Los estudiantes aprenderán de agentes especiales, analistas de inteligencia, especialistas en idiomas y personal profesional sobre tácticas de investigación que incluyen la recopilación de pruebas, entrevistas a testigos y asistencia en los casos.

    El FBI no contrata solo a personas con experiencia en justicia penal, por lo tanto, se alienta a cualquier estudiante con interés en el FBI y lo que hacemos a postularse. Todos los estudiantes serán evaluados en función de su solicitud (actividades escolares y participación comunitaria) y un ensayo para determinar a qué estudiantes se les ofrecerá un asiento en la clase. Ninguno de los elementos anteriores será la única base de la evaluación de una solicitud, y el proceso de solicitud debe ser tomado en serio por todos los solicitantes.

    La solicitud, el formulario de autorización y un ensayo de respaldo deben ser recibidos por la Oficina de Campo del FBI en El Paso antes de las 5 p.m. 16 de mayo de 2025. Las solicitudes se presentarán a: FBI_EP_TeenAcademy@fbi.govFBI_EP_TeenAcademy@fbi.gov. No se aceptarán solicitudes incompletas y tardías. Notificaremos a los estudiantes sobre el estado de su solicitud por correo electrónico a más tardar el viernes 30 de mayo de 2025. La aplicación y más información se pueden encontrar aquí: FBI.gov/EPOutreach

    MIL Security OSI –

    April 16, 2025
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