NewzIntel.com

Category: Finance

  • MIL-OSI Security: Fort Lauderdale Investment Advisor Arrested on Federal Wire Fraud and Money Laundering Charges in Multi-Million-Dollar Ponzi Scheme Targeting Venezuelan Investors

    Source: Office of United States Attorneys

    MIAMI – Federal authorities have arrested Andrew Hamilton Jacobus, 64, of Fort Lauderdale, on charges of wire fraud and money laundering stemming from a years-long scheme that defrauded international investors — primarily Venezuelan nationals — of more than $94 million.

    According to an indictment in U.S. District Court for the Southern District of Florida, Jacobus falsely portrayed himself as a seasoned financial advisor managing legitimate investment portfolios, while instead misappropriating investor funds for personal use and to pay returns to earlier investors — in classic Ponzi fashion.

    Between 2019 and 2023, Jacobus allegedly solicited funds through entities under his control, including Kronus Financial Corporation, and Finser International, promising access to secure investment products and high-yield returns. Federal prosecutors allege Jacobus forged account statements, falsified documentation, and diverted client funds to luxury personal expenditures and unrelated business ventures.

    Jacobus was taken into custody by federal agents without incident in Fort Lauderdale. He made his initial appearance in federal court. If convicted, Jacobus faces up to 20 years in prison for each count of wire fraud and money laundering, in addition to forfeiture of assets and restitution.

    U.S. Attorney Hayden P. O’Byrne for the Southern District of Florida and Special Agent in Charge Emmanuel Gomez of the IRS Criminal Investigation (IRS-CI), Miami Field Office, made the announcement.

    The case is being prosecuted by Assistant U.S. Attorney Robert F. Moore.

    You may find a copy of this press release (and any updates) on the website of the United States Attorney’s Office for the Southern District of Florida at www.usdoj.gov/usao/fls.

    Related court documents and information may be found on the website of the District Court for the Southern District of Florida at www.flsd.uscourts.gov or at http://pacer.flsd.uscourts.gov, under case number 25-cr-20309.

    ###  

    MIL Security OSI –

  • MIL-OSI Security: New Orleans Man Sentenced for Bank Robbery

    Source: Office of United States Attorneys

    NEW ORLEANS – Acting U.S. Attorney Michael M. Simpson announced today that CLEMENT LEACH (“LEACH”), age 54, of New Orleans, was sentenced on July 2, 2025 after previously pleading guilty to Bank Robbery, in violation of Title 18, United States Code, Section 2113(a).

    United States District Judge Sarah S. Vance sentenced LEACH to 80 months of imprisonment, 3 years of supervised release following his release from prison, and a mandatory special assessment fee of $100. LEACH was also ordered to pay $920 in restitution for robbing Chase Bank on March 2, 2020.

    Acting U.S. Attorney Simpson praised the work of the Federal Bureau of Investigation’s Violent Crime Task Force, and officers of New Orleans Police Department. Assistant U.S. Attorney Jon M. Maestri of the General Crimes Unit is handling the prosecution. 

    MIL Security OSI –

  • MIL-OSI: PaladinMining Introduces Updated Mining Packages for XRP Holders Seeking Up to $5,000 Daily in Passive Crypto Income

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, California, July 19, 2025 (GLOBE NEWSWIRE) — As XRP surges past its previous all-time high to reach $3.66, holders are now moving beyond simple trading, turning their gains into long-term, passive income streams. The latest opportunity? PaladinMining, a next-generation cloud mining platform that has just unveiled a suite of high-return contracts designed for everyday investors — no hardware, no hassle required.

    “XRP is just showing off right now,” noted Michael Arrington, founder of Arrington Capital and long-time XRP backer. With renewed confidence in Ripple’s legal positioning and token performance, the spotlight has shifted to how holders can maximize their returns beyond simple trading.

    PaladinMining offers just that—a seamless way for XRP investors to generate high-yield passive income by participating in cloud-based Bitcoin mining, all without the hassle of hardware, technical knowledge, or high electricity costs.

    Why XRP Investors Are Choosing PaladinMining

    With over two bear markets behind them, XRP holders are seeking scalable, stable income streams, and PaladinMining

     is emerging as the leading cloud mining solution. Its low-energy operations and transparent pricing have made it the preferred choice for crypto holders looking for long-term gains.

    Key Highlights of PaladinMining:

    • $15 Sign-Up Bonus for new users
    • Daily sign-in rewards of $0.60
    • No hardware or setup required — simply activate a mining contract and earn income every 24 hours
    • Supports multiple cryptos for deposits/withdrawals including XRP, BTC, ETH, USDT, DOGE, SOL, and more
    • Up to 3% + 2% referral commissions and bonuses up to $100,000
    • Clear and transparent fee structure – no hidden charges

    PaladinMining launches high-yield contracts:

    ⦁【New User Experience Contract】: Investment amount: $100, total net profit: $100 + $7.
    ⦁【ETC Miner E9 Pro】: Investment amount: $1500, total net profit: $1500 + $180.
    ⦁【Bitcoin Miner S21 Pro】: Investment amount: $4300, total net profit: $4300 + $1100.8.
    ⦁【Bitcoin Miner S21 XP】: Investment amount: $7900, total net profit: $7900 + $3128.4.
    ⦁【Bitcoin Miner S21 XP】: Investment amount: $12000, total net profit: $12000 + $7560.
    ⦁【Avalon Air Box-40ft】: Investment amount: $28,000, total net profit: $28,000 + $22,400.

    For example, investing $28,000 in the Avalon Air Box-40ft contract yields $448/day, resulting in $22,400 net profit over 50 days.

    Next-Level Mining with Zero Barriers

    By leveraging cloud technology and green energy sources, PaladinMining lowers the barrier to entry for mining while increasing daily returns. It’s an opportunity for XRP holders and broader crypto investors to diversify their earnings during this new phase of market growth.

    PaladinMining’s intuitive platform makes it ideal for both newcomers and experienced users looking to enter crypto mining without the complexity or capital expense of traditional methods.

    About PaladinMining

    PaladinMining is a leading cloud mining service provider committed to innovation, transparency, and user profitability. With top-tier infrastructure and global partnerships, the platform supports investors in achieving passive income from crypto with minimal risk and maximum efficiency.

    For more details, please visit the official website of the platform: https://paladinmining.com/
    Or contact the official email of the platform: info@paladinmining.com

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

    The MIL Network –

  • MIL-OSI: ETH bull market is coming, GoldenMining launches ETH contract to release $8,700 per day

    Source: GlobeNewswire (MIL-OSI)

    London, England, July 19, 2025 (GLOBE NEWSWIRE) — Recently, the price of Ethereum (ETH) broke through an important pressure point and reached a high of $3,660. The market generally expects that it will reach $6,500 by the end of the year, an increase of 160%. ETH pledge is growing rapidly, Layer2 applications are strong, and the continuous influx of funds from spot ETFs makes it one of the most stable and most watched assets in the current market.

    Most investors just hold ETH, BTC or XRP, hoping that the price will rise-while dealing with market volatility and uncertain regulation. But the real question is whether to continue holding, cashing out, or looking for a smarter and more balanced strategy? GoldenMining provides another path for this.

    At GoldenMining, users can turn their assets into a continuous source of income by signing ETH cloud mining contracts. There is no need to configure any hardware, and there is no need to worry about price fluctuations during transactions. As long as you participate in the contract, you can get a stable daily income as the value of ETH rises.

    What is the ETH cloud mining contract?

    The ETH cloud mining contract allows users to directly purchase cloud mining services with ETH, without having to purchase mining machines or deal with maintenance issues. After signing the contract, the GoldenMining platform will run the mining business on behalf of users, and users will automatically receive income on a daily basis. This means that you can easily participate in ETH mining and enjoy the benefits of mining without complex operations or knowledge thresholds.

    Investor ETH contract recommendation

    contract Investment Amount Contract Rewards Total income
    New User Experience $15 $0.60 $15.60
    Elphapex DG1+ $100 $3 $106
    Bitmain S23 Hyd $650 $42.25 $692.25
    AntminerL917GH $1800   $287.28 $2087.28
    L916GH $4500  $1890 $6390
    ElphaPex DG Hydro1 $7800 $3276 $11076
    Elphapex DG2 $12,000 $8,100.00 $20,100.00

    How to participate in the ETH cloud mining contract

    1. Register an account and get a $15 reward immediately without paying any fees. This reward can be used to test the ETH cloud mining contract to help users quickly understand the platform operation and profit model

    2. Choose a contract that suits you for investment

    Users can recharge ETH to the platform account through the wallet. The system supports a variety of mainstream cryptocurrencies: Dogecoin (DOGE), Bitcoin (BTC), Ethereum (ETH), SOL, Ripple (XRP), US Dollar (USDC), etc. Afterwards, users can choose an ETH contract that suits their needs (such as 5 days, 12 days or longer periods), with flexible amounts and terms.

    3. After the contract is activated, the system will automatically settle the mining income into the account every day, without manual operation by the user, and income can be generated within 24 hours
    Can be withdrawn or reinvested at any time,

    The user’s funds are securely stored in a first-tier bank, and all user personal information is protected by SSL encryption. The platform provides insurance for each investment, which is underwritten by AIG Insurance Company to ensure the safety of user funds.

    Amid market fluctuations and changing policies, more and more investors are realizing that simply holding positions and watching is no longer enough to cope with the current market rhythm. The ETH cloud mining contract provided by GoldenMining provides users with a more robust way to participate – allowing the assets in their hands to not only have the potential for long-term growth, but also have the ability to bring substantial benefits every day.

    This is not only a change in investment methods, but also an advance response to the future market structure. As the ETH market continues to heat up, it is better to take the initiative to participate rather than wait. For far-sighted investors, now is the critical moment to enter this contract mechanism and steadily accumulate profits.

    (Special statement: Due to the recent bull market trend in the crypto market. GoldenMining contracts have made good profits. Special thanks to global investors for their support. In order to give back to investors, GoldenMining launched a limited-time gift of ）
    For more information, please visit the official website:www.Goldenmining.com

    For business cooperation, please contact the official email：info@Goldenmining.com

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

    The MIL Network –

  • MIL-OSI: reAlpha Tech Corp. Announces Closing of $2 Million Public Offering

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Ohio, July 18, 2025 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), an AI-powered real estate technology company, today announced the closing of its previously announced public offering of an aggregate of 13,333,334 shares of its common stock, together with Series A-1 warrants to purchase up to 13,333,334 shares of common stock and Series A-2 warrants to purchase up to 13,333,334 shares of common stock, at a combined public offering price of $0.15 per share and accompanying warrants. The Series A-1 warrants and the Series A-2 warrants have an exercise price of $0.15 per share and will be exercisable beginning on the effective date of stockholder approval of the issuance of the shares upon exercise of the warrants. The Series A-1 warrants will expire five years from the date of stockholder approval and the Series A-2 warrants will expire twenty-four months from the date of stockholder approval.

    H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

    The gross proceeds from the offering, before deducting the placement agent’s fees and other offering expenses payable by the Company, were approximately $2 million. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes, which could include repayment of debt, future acquisitions, capital expenditures and the purchase of cryptocurrencies in accordance with the Company’s cryptocurrency investment policy.

    The securities described above were offered pursuant to a registration statement on Form S-1 (File No. 333-288571), which was declared effective by the Securities and Exchange Commission (the “SEC”) on July 16, 2025. The offering was made only by means of a prospectus forming part of the effective registration statement relating to the offering. A final prospectus relating to the offering has been filed with the SEC. Electronic copies of the final prospectus may be obtained on the SEC’s website at http://www.sec.gov and may also be obtained by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by phone at (212) 856-5711 or e-mail at placements@hcwco.com.

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

    About reAlpha Tech Corp.

    reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company transforming the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines real estate transactions through integrated brokerage, mortgage, and title services. With a strategic, acquisition-driven growth model and proprietary AI infrastructure, reAlpha is building a vertically integrated ecosystem designed to deliver a simpler, smarter, and more affordable path to homeownership. For more information, visit www.realpha.com.

    Forward-Looking Statements

    The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements as to the receipt of stockholder approval and the intended use of net proceeds from the offering, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s ability to regain and sustain compliance with the Nasdaq Capital Market’s continued listing standards and remain listed on the Nasdaq Capital Market; reAlpha’s ability to pay contractual obligations; reAlpha’s liquidity, operating performance, cash flow and ability to secure adequate financing; reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to commercialize its developing AI-based technologies; reAlpha’s ability to successfully enter new geographic markets; reAlpha’s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies’ services; reAlpha’s ability to scale its operational capabilities to expand into additional geographic markets and nationally; the potential loss of key employees of reAlpha and of its subsidiaries; the outcome of certain outstanding legal proceedings against reAlpha; reAlpha’s ability to obtain, and maintain, the required licenses to operate in the U.S. states in which it, or its subsidiaries, operate in, or intend to operate in; reAlpha’s ability to successfully identify and acquire companies that are complementary to its business model; the inability to maintain and strengthen reAlpha’s brand and reputation; any accidents or incidents involving cybersecurity breaches and incidents; the inability to accurately forecast demand for AI-based real estate-focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; the inability of reAlpha to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against reAlpha; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha’s SEC filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Media Contact:
    Cristol Rippe, Chief Marketing Officer
    cristol@realpha.com

    Investor Relations Contact:
    Adele Carey, VP of Investor Relations
    investorrelations@realpha.com

    The MIL Network –

  • MIL-OSI: reAlpha Tech Corp. Announces Closing of $2 Million Public Offering

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Ohio, July 18, 2025 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), an AI-powered real estate technology company, today announced the closing of its previously announced public offering of an aggregate of 13,333,334 shares of its common stock, together with Series A-1 warrants to purchase up to 13,333,334 shares of common stock and Series A-2 warrants to purchase up to 13,333,334 shares of common stock, at a combined public offering price of $0.15 per share and accompanying warrants. The Series A-1 warrants and the Series A-2 warrants have an exercise price of $0.15 per share and will be exercisable beginning on the effective date of stockholder approval of the issuance of the shares upon exercise of the warrants. The Series A-1 warrants will expire five years from the date of stockholder approval and the Series A-2 warrants will expire twenty-four months from the date of stockholder approval.

    H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

    The gross proceeds from the offering, before deducting the placement agent’s fees and other offering expenses payable by the Company, were approximately $2 million. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes, which could include repayment of debt, future acquisitions, capital expenditures and the purchase of cryptocurrencies in accordance with the Company’s cryptocurrency investment policy.

    The securities described above were offered pursuant to a registration statement on Form S-1 (File No. 333-288571), which was declared effective by the Securities and Exchange Commission (the “SEC”) on July 16, 2025. The offering was made only by means of a prospectus forming part of the effective registration statement relating to the offering. A final prospectus relating to the offering has been filed with the SEC. Electronic copies of the final prospectus may be obtained on the SEC’s website at http://www.sec.gov and may also be obtained by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by phone at (212) 856-5711 or e-mail at placements@hcwco.com.

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

    About reAlpha Tech Corp.

    reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company transforming the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines real estate transactions through integrated brokerage, mortgage, and title services. With a strategic, acquisition-driven growth model and proprietary AI infrastructure, reAlpha is building a vertically integrated ecosystem designed to deliver a simpler, smarter, and more affordable path to homeownership. For more information, visit www.realpha.com.

    Forward-Looking Statements

    The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements as to the receipt of stockholder approval and the intended use of net proceeds from the offering, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s ability to regain and sustain compliance with the Nasdaq Capital Market’s continued listing standards and remain listed on the Nasdaq Capital Market; reAlpha’s ability to pay contractual obligations; reAlpha’s liquidity, operating performance, cash flow and ability to secure adequate financing; reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to commercialize its developing AI-based technologies; reAlpha’s ability to successfully enter new geographic markets; reAlpha’s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies’ services; reAlpha’s ability to scale its operational capabilities to expand into additional geographic markets and nationally; the potential loss of key employees of reAlpha and of its subsidiaries; the outcome of certain outstanding legal proceedings against reAlpha; reAlpha’s ability to obtain, and maintain, the required licenses to operate in the U.S. states in which it, or its subsidiaries, operate in, or intend to operate in; reAlpha’s ability to successfully identify and acquire companies that are complementary to its business model; the inability to maintain and strengthen reAlpha’s brand and reputation; any accidents or incidents involving cybersecurity breaches and incidents; the inability to accurately forecast demand for AI-based real estate-focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; the inability of reAlpha to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against reAlpha; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha’s SEC filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Media Contact:
    Cristol Rippe, Chief Marketing Officer
    cristol@realpha.com

    Investor Relations Contact:
    Adele Carey, VP of Investor Relations
    investorrelations@realpha.com

    The MIL Network –

  • MIL-OSI: Origin Investment Corp I Announces Full Exercise and Closing of the Over-Allotment Option in Connection with its Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Singapore, July 18, 2025 (GLOBE NEWSWIRE) — Origin Investment Corp I (the “Company”), a newly organized special purpose acquisition company, today announced that, the underwriters of its recently completed initial public offering of units, which closed on July 3, 2025, have exercised in full their option to purchase an additional 900,000 units. The additional units were sold at a price to the public of $10.00, before underwriting discounts. The issuance and sale of these additional units closed today.

    ThinkEquity acted as the sole book-running manager for the offering.

    A registration statement on Form S-1 (File No. 333-284189) relating to the units was filed with the Securities and Exchange Commission (“SEC”) and became effective on July 1, 2025. This offering was made only by means of a prospectus. Copies of the final prospectus may be obtained from ThinkEquity, 17 State Street, 41st Floor, New York, New York 10004. The final prospectus has been filed with the SEC and is available on the SEC’s website located at http://www.sec.gov.

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

    About Origin Investment Corp I

    The Company is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. While the Company will not limit its search for a target company to any particular business segment, the Company intends to focus its search for a target business in Asia. However, the Company will not consummate its initial business combination with an entity or business in China or with China operations consolidated through a variable interest entity structure.

    Contact:
    Edward Chang, CEO
    +65 7825-5768
    eychang@originequity.partners

    The MIL Network –

  • MIL-OSI: Origin Investment Corp I Announces Full Exercise and Closing of the Over-Allotment Option in Connection with its Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Singapore, July 18, 2025 (GLOBE NEWSWIRE) — Origin Investment Corp I (the “Company”), a newly organized special purpose acquisition company, today announced that, the underwriters of its recently completed initial public offering of units, which closed on July 3, 2025, have exercised in full their option to purchase an additional 900,000 units. The additional units were sold at a price to the public of $10.00, before underwriting discounts. The issuance and sale of these additional units closed today.

    ThinkEquity acted as the sole book-running manager for the offering.

    A registration statement on Form S-1 (File No. 333-284189) relating to the units was filed with the Securities and Exchange Commission (“SEC”) and became effective on July 1, 2025. This offering was made only by means of a prospectus. Copies of the final prospectus may be obtained from ThinkEquity, 17 State Street, 41st Floor, New York, New York 10004. The final prospectus has been filed with the SEC and is available on the SEC’s website located at http://www.sec.gov.

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

    About Origin Investment Corp I

    The Company is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. While the Company will not limit its search for a target company to any particular business segment, the Company intends to focus its search for a target business in Asia. However, the Company will not consummate its initial business combination with an entity or business in China or with China operations consolidated through a variable interest entity structure.

    Contact:
    Edward Chang, CEO
    +65 7825-5768
    eychang@originequity.partners

    The MIL Network –

  • MIL-OSI USA: Legislation considered under suspension of the Rules of the House of Representatives during the week of July 21, 2025

    Source: US Congressional Budget Office

    The Majority Leader of the House of Representatives announces bills that will be considered under suspension of the rules in that chamber. Under suspension, floor debate is limited, all floor amendments are prohibited, points of order against the bill are waived, and final passage requires a two-thirds majority vote.

    At the request of the Majority Leader and the House Committee on the Budget, CBO estimates the effects of those bills on direct spending and revenues. CBO has limited time to review the legislation before consideration. Although it is possible in most cases to determine whether the legislation would affect direct spending or revenues, time may be insufficient to estimate the magnitude of those effects. If CBO has prepared estimates for similar or identical legislation, a more detailed assessment of budgetary effects, including effects on spending subject to appropriation, may be included.

    CBO’s estimates of the bills that have been posted for possible consideration under suspension of the rules during the week of July 21, 2025, include:

    • H.R. 131, Finish the Arkansas Valley Conduit Act, as amended
    • H.R. 183, Law Enforcement Officer Recreation Pass Act, as amended
    • H.R. 672, To establish new ZIP Codes for certain communities, and for other purposes, as amended
    • H.R. 1043, La Paz County Solar Energy and Job Creation Act
    • H.R. 1450, OFAC Licensure for Investigators Act
    • H.R. 1469, Senior Security Act of 2025, as amended
    • H.R. 1549, China Financial Threat Mitigation Act of 2025, as amended
    • H.R. 1716, Taiwan Conflict Deterrence Act of 2025, as amended
    • H.R.1764, Aligning SEC Regulations for the World Bank’s International Development Association Act, as amended
    • H.R. 1917, Great Lakes Mass Marking Program Act of 2025, as amended
    • H.R. 2170, To name the Department of Veterans Affairs community-based outpatient clinic in Toms River, New Jersey, the Leonard G. ‘Bud’ Lomell, VA Clinic, and for other purposes
    • H.R. 2384, Financial Technology Protection Act, as amended
    • H.R. 2625, VERY Act of 2025
    • H.R. 3095, To direct the United States Postal Service to designate single, unique ZIP Codes for certain communities, and for other purposes, as amended
    • H.R. 3339, Equal Opportunity for All Investors Act of 2025, as amended
    • H.R. 3343, Greenlighting Growth Act, as amended
    • H.R. 3351, Improving Access to Small Business Information Act, as amended
    • H.R. 3357, Enhancing Multi-Class Share Disclosures Act, as amended
    • H.R. 3382, Small Entity Update Act, as amended
    • H.R. 3395, Middle Market IPO Underwriting Cost Act, as amended
    • H.R. 3937, Wabeno Economic Development Act, as amended
    • H.R. 4275, Coast Guard Authorization Act of 2025, as amended
    • S. 201, ACES Act
    • S. 423, PRO Veterans Act of 2025

    MIL OSI USA News –

  • MIL-OSI Security: Armed Serial Robber Sentenced to 60 Years in Federal Prison

    Source: Office of United States Attorneys

    An armed serial robber and convicted felon who robbed five cash loan businesses across the Fort Worth metroplex was sentenced today to 60 years in federal prison, announced Acting United States Attorney for the Northern District of Texas Nancy E. Larson.

    Charles Brownlee, 37, was convicted by a jury in March 2025 for one count of Hobbs Act Conspiracy to Interfere with Commerce by Robbery, five counts of Hobbs Act Interference with Commerce by Robbery, five counts of Using, Carrying, and Brandishing a Firearm during a Crime of Violence, and one count of Felon in Possession of a Firearm.  He was sentenced today to 720 months in federal prison by U.S. District Judge Reed C. O’Connor, who also ordered him to pay $21,123.47 in restitution.  

    According to evidence presented at trial, between May 9 and May 21, 2024, Brownlee robbed at gunpoint five Cash Store businesses in Grand Prairie, Fort Worth, Euless, Hurst, and Grapevine. Trying to conceal his identity, Brownlee covered his face with a medical mask and wore different baseball caps and outfits for the robberies.  

    “After terrorizing employees at multiple businesses throughout the DFW area, this defendant’s violent crime spree ended because of the stellar work of our law enforcement partners,” said Acting U.S. Attorney Nancy E. Larson.  “The lengthy sentence imposed justly puts this serial felon behind bars for a very long time and serves as a message to others that we will vigorously prosecute those who jeopardize our communities’ safety.”

    “The significant sentence received by the defendant is a result of the collaborative efforts of the Longhorn Violent Crimes Task Force to hold a violent, serial robber accountable. This individual committed a series of robberies throughout Tarrant County and strong partnerships with local law enforcement allowed us to stop these acts of violent crime,” said FBI Dallas Special Agent in Charge R. Joseph Rothrock. “The FBI will continue to work alongside our local, state, and federal law enforcement to surge resources and fight violent crime in our communities across North Texas.”

    Numerous law enforcement agencies were involved in the investigation, including the Federal Bureau of Investigation’s Dallas Field Office, Fort Worth Resident Agency, Grand Prairie Police Department, Fort Worth Police Department, Euless Police Department, Hurst Police Department, and Grapevine Police Department. Assistant U.S. Attorney Eric B. Chen and former Assistant U.S. Attorney Levi Thomas prosecuted and tried the case.
     

    MIL Security OSI –

  • MIL-OSI: Beneficient Receives Nasdaq Listing Determination

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, July 18, 2025 (GLOBE NEWSWIRE) — Beneficient (NASDAQ: BENF) (the “Company”), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets through its proprietary online platform AltAccess, today announced that on July 16, 2025, the Company was notified by The Nasdaq Stock Market LLC (“Nasdaq”) that, due to its continued non-compliance with the minimum $1.00 bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) and the delay in the filing of the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2025 with the Securities and Exchange Commission, in contravention of Nasdaq’s periodic reporting requirement set forth in Nasdaq Listing Rule 5250(c)(1), the Company’s securities were subject to delisting unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the “Panel”).

    The Company plans to timely request a hearing and a stay of any suspension action by Nasdaq at least pending the ultimate outcome of the hearing process and the expiration of any extension period that may be granted to the Company following the hearing. At the hearing, the Company will present its plan to evidence compliance with all applicable criteria for continued listing on The Nasdaq Capital Market and request an extension of time to do so. While the Company is taking definitive steps to evidence compliance with the applicable listing criteria as soon as practicable, there can be no assurance that the Panel will grant the Company’s request for continued listing on Nasdaq.

    About Beneficient

    Beneficient (Nasdaq: BENF) – Ben, for short – is on a mission to democratize the global alternative asset investment market by providing traditionally underserved investors − mid-to-high net worth individuals, small-to-midsized institutions and General Partners seeking exit options, anchor commitments and valued-added services for their funds− with solutions that could help them unlock the value in their alternative assets. Ben’s AltQuote® tool provides customers with a range of potential exit options within minutes, while customers can log on to the AltAccess® portal to explore opportunities and receive proposals in a secure online environment.

    Its subsidiary, Beneficient Fiduciary Financial, L.L.C., received its charter under the State of Kansas’ Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight by the Office of the State Bank Commissioner. 

    For more information, visit www.trustben.com or follow us on LinkedIn.

    Contacts

    Matt Kreps: 214-597-8200, mkreps@darrowir.com
    Michael Wetherington: 214-284-1199, mwetherington@darrowir.com
    Investor Relations: investors@beneficient.com

    Forward Looking Statements

    This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the listing and trading of the Company’s securities on Nasdaq, the Company’s intention to request a hearing from the Nasdaq hearing panel and the Company’s intention to regain compliance with the Nasdaq Listing Rules. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on our management’s beliefs, as well as assumptions made by, and information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected.

    Important factors that could cause actual results to differ materially from those expressed in the forward-looking statements include, among others, our plans to appeal Nasdaq’s delisting determination; the outcome of any hearing we might request; our ability to cure any deficiencies in compliance with the Nasdaq Listing Rules; risks related to the substantial costs and diversion of management’s attention and resources due to these matters and the risks, uncertainties, and factors set forth under “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and its subsequently filed Quarterly Reports on Form 10-Q and the risks and uncertainties contained in the Company’s Current Reports on Form 8-K. Forward-looking statements speak only as of the date they are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events, or circumstances or other changes affecting such statements except to the extent required by applicable law.

    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, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    The MIL Network –

  • MIL-OSI USA News: Fact Sheet: President Donald J. Trump Signs GENIUS Act into Law

    Source: US Whitehouse

    MAKING AMERICA THE LEADER IN DIGITAL ASSETS: Today, President Donald J. Trump signed the GENIUS Act into law, a historic piece of legislation that will pave the way for the United States to lead the global digital currency revolution.

    • The GENIUS Act prioritizes consumer protection, strengthens the U.S. dollar’s reserve currency status, and bolsters our national security.
    • The GENIUS Act will make America the undisputed leader in digital assets, bringing massive investment and innovation to our country.

    PROTECTING CONSUMERS IN THE DIGITAL MARKET: President Trump supports the GENIUS Act because it protects consumers from nefarious actors in financial markets.

    • This long-overdue legislation creates the first-ever Federal regulatory system for stablecoins, ensuring their stability and trust through strong reserve requirements.
    • The GENIUS Act requires 100% reserve backing with liquid assets like U.S. dollars or short-term Treasuries and requires issuers to make monthly, public disclosures of the composition of reserves.
    • Stablecoin issuers must comply with strict marketing rules to protect consumers from deceptive practices. Crucially, they are forbidden from making misleading claims that their stablecoins are backed by the U.S. government, federally insured, or legal tender.
    • The GENIUS Act aligns State and Federal stablecoin frameworks, ensuring fair and consistent regulation throughout the country.
    • In the event of insolvency of a stablecoin issuer, the GENIUS Act prioritizes stablecoin holders’ claims over all other creditors, ensuring a final backstop of consumer protection.

    ENSURING U.S. DOLLAR GLOBAL RESERVE CURRENCY STATUS: By driving demand for U.S. Treasuries, stablecoins will play a crucial role in ensuring the continued global dominance of the U.S. dollar as the world’s reserve currency.

    • The GENIUS Act will generate increased demand for U.S. debt and cement the dollar’s status as the global reserve currency by requiring stablecoin issuers to back their assets with Treasuries and U.S. dollars.
    • Additionally, the GENIUS Act will play a key role in attracting more digital asset activity to the country by providing clear rules and promoting responsible innovation in the stablecoin market.

    COMBATING ILLICIT ACTIVITY IN DIGITAL ASSETS: Through regulation and registration of stablecoin issuers, along with coordination with the Treasury Department on sanctions enforcement, the GENIUS Act reinforces our national security.

    • The GENIUS Act explicitly subjects stablecoin issuers to the Bank Secrecy Act, thereby clearly obligating them to establish effective anti-money laundering and sanctions compliance programs with risk assessments, sanctions list verification, and customer identification.
    • This legislation improves the Treasury Department’s ability to combat illicit stablecoin activities by enhancing its sanctions evasion and money laundering enforcement capabilities.
    • All stablecoin issuers must possess the technical capability to seize, freeze, or burn payment stablecoins when legally required and must comply with lawful orders to do so.

    DELIVERING ON PROMISE TO MAKE AMERICA THE CRYPTO CAPITAL OF THE WORLD: President Trump is fulfilling his campaign promise to position America as the global leader in cryptocurrency.

    • President Trump promised to make the United States the “crypto capital of the world,” emphasizing the need to embrace digital assets to drive economic growth and technological leadership.
    • In his first week in office, President Trump signed an Executive Order to promote United States leadership in digital assets.
    • In March, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, positioning the United States as a leader among nations in government digital asset strategy.
    • President Trump has long been a proponent of the GENIUS Act, saying it “is going to make America the UNDISPUTED Leader in Digital Assets — Nobody will do it better, it is pure GENIUS! Digital Assets are the future, and our Nation is going to own it. We are talking about MASSIVE Investment, and Big Innovation. The House will hopefully move LIGHTNING FAST, and pass a ‘clean’ GENIUS Act. Get it to my desk, ASAP — NO DELAYS, NO ADD ONS. This is American Brilliance at its best, and we are going to show the World how to WIN with Digital Assets like never before!”

    MIL OSI USA News –

  • MIL-OSI New Zealand: New weather radar for Nelson Tasman region

    Source: New Zealand Government

    The Government is funding MetService to procure a new Nelson Tasman weather radar to improve severe weather monitoring and response in the region, Associate Transport Minister James Meager has announced.  

    “Following the recent devastating weather events in Nelson Tasman, our focus has been on supporting the region’s recovery whilst looking for opportunities to better prepare the community for future disasters,” Mr Meager says.  

    “I’m pleased to confirm the Crown’s existing MetService contract will be varied to immediately begin the procurement of a new radar for the region. This is something the community has asked for, and it’s my hope the investment will give locals peace of mind over their individual and property safety in future events.

    “Weather radars play an incredibly important role in emergency management once an event starts. They allow forecasters to monitor the progression of a storm, refine short-term forecasts and warnings, and provide specific guidance to emergency managers about the distribution and intensity of rainfall.” 

    “Nelson Tasman has experienced several high-impact flooding events in recent years. Since 2011, there have been five states of emergency declared in the region,” Emergency Management and Recovery Minister Mark Mitchell says. 

    “Providing Nelson Tasman with a new weather radar will give emergency managers greater ability to monitor rainfall and flooding risk during a severe weather event, reducing the risk of loss of life and property.” 

    A new radar has a capital cost of up to $5 million and ongoing operating costs of approximately $800,000 per annum. Immediate work will begin using existing MetService funding.

    “In addition to the new weather radar, the Government has committed to strengthening the emergency management system to ensure it is fit for purpose to manage significant, widespread emergencies,” Mr Mitchell says.

    “Investments in modern technology and trained personnel, along with clear governance structures and assurance, will ensure faster, more effective emergency management.”

    MIL OSI New Zealand News –

  • MIL-OSI: Lake Shore Bancorp Announces Closing of Conversion Transaction

    Source: GlobeNewswire (MIL-OSI)

    DUNKIRK, N.Y., July 18, 2025 (GLOBE NEWSWIRE) — Lake Shore Bancorp, Inc. (“Lake Shore Bancorp”) (NASDAQ: LSBK), the new holding company for Lake Shore Bank (the “Bank”), announced that the conversion of Lake Shore, MHC from mutual to stock form, the related stock offering by Lake Shore Bancorp and the Bank’s conversion from a federal savings bank to a New York chartered commercial bank closed following the close of business today. Lake Shore Bancorp’s common stock is expected to begin trading on the Nasdaq Global Market under the trading symbol “LSBK” on July 21, 2025.

    As a result of the subscription offering, Lake Shore Bancorp sold a total of 4,950,460 shares of its common stock (approximately the midpoint of the offering range) at a price of $10.00 per share for total gross proceeds of $49.5 million.

    Lake Shore Bancorp’s transfer agent, Computershare Trust Company, N.A. (“Computershare”), expects to mail Direct Registration System (“DRS”) Book-Entry statements for shares purchased in the subscription offering and interest checks, on or about July 21, 2025.

    As part of the conversion transaction, each outstanding share of Lake Shore Bancorp, Inc., a federal corporation (“Lake Shore Federal Bancorp”) common stock owned by the public stockholders of Lake Shore Federal Bancorp (stockholders other than Lake Shore, MHC) as of the closing date was converted into shares of Lake Shore Bancorp common stock based on an exchange ratio of 1.3549 shares of Lake Shore Bancorp common stock for each share of Lake Shore Federal Bancorp common stock so that Lake Shore Federal Bancorp’s existing public stockholders will own approximately the same percentage of Lake Shore Bancorp’s common stock as they owned of Lake Shore Federal Bancorp’s common stock immediately prior to the conversion, subject to adjustment as disclosed in the prospectus. Cash was issued in lieu of a fractional share of Lake Shore Bancorp common stock based on the offering price of $10.00 per share. Upon the completion of the conversion and stock offering, approximately 7,825,877 shares of Lake Shore Bancorp common stock are outstanding before adjustment for fractional shares.

    Stockholders of Lake Shore Federal Bancorp holding shares in street name will receive shares of Lake Shore Bancorp common stock and cash in lieu of fractional shares within their accounts. Stockholders of Lake Shore Federal Bancorp holding shares in certificated form will be mailed a letter of transmittal on or about July 21, 2025. After submitting their stock certificates and a properly completed letter of transmittal to Computershare, stockholders will receive DRS Book-Entry statements reflecting their shares of Lake Shore Bancorp common stock and checks for cash in lieu of fractional shares.

    Luse Gorman, PC acted as legal counsel to Lake Shore Bancorp and Lake Shore Federal Bancorp. Raymond James & Associates, Inc. acted as marketing agent for Lake Shore Bancorp in the subscription offering. Kilpatrick Townsend & Stockton LLP acted as legal counsel to Raymond James & Associates, Inc.

    About Lake Shore

    Lake Shore Bancorp is the holding company of Lake Shore Bank, a New York chartered, community-oriented financial institution headquartered in Dunkirk, New York. The Bank has ten full-service branch locations in Western New York, including four in Chautauqua County and six in Erie County. The Bank offers a broad range of retail and commercial lending and deposit services. Lake Shore Bancorp’s common stock is traded on the NASDAQ Global Market as “LSBK”. Additional information about Lake Shore Bancorp is available at www.lakeshoresavings.com.

    Safe-Harbor

    This release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, that are based on current expectations, estimates and projections about Lake Shore Federal Bancorp’s, Lake Shore Bancorp, Inc.’s (collectively, the “Company”) and the Bank’s industry, and management’s beliefs and assumptions. Words such as anticipates, expects, intends, plans, believes, estimates and variations of such words and expressions are intended to identify forward-looking statements. Such statements reflect management’s current views of future events and operations. These forward-looking statements are based on information currently available to the Company as of the date of this release. It is important to note that these forward-looking statements are not guarantees of future performance and involve and are subject to significant risks, contingencies, and uncertainties, many of which are difficult to predict and are generally beyond our control including, but not limited to, possible unforeseen delays in delivering DRS Book-Entry statements or interest checks; delays in the start of trading due to market disruptions or otherwise, data loss or other security breaches, including a breach of our operational or security systems, policies or procedures, including cyber-attacks on us or on our third party vendors or service providers, economic conditions, the effect of changes in monetary and fiscal policy, inflation, tariffs, unanticipated changes in our liquidity position, climate change, geopolitical conflicts, public health issues, increased unemployment, deterioration in the credit quality of the loan portfolio and/or the value of the collateral securing repayment of loans, reduction in the value of investment securities, the cost and ability to attract and retain key employees, regulatory or legal developments, tax policy changes, dividend policy changes and our ability to implement and execute our business plan and strategy and expand our operations. These factors should be considered in evaluating forward looking statements and undue reliance should not be placed on such statements, as our financial performance could differ materially due to various risks or uncertainties. We do not undertake to publicly update or revise our forward-looking statements if future changes make it clear that any projected results expressed or implied therein will not be realized.

    Legal Disclosures

    The shares of common stock of Lake Shore Bancorp, Inc. are not savings accounts or deposit accounts and are not insured by the Federal Deposit Insurance Corporation or by any other governmental agency.

    Source: Lake Shore Bancorp, Inc.
    Category: Financial

    Investor Relations/Media Contact
    Kim C. Liddell
    President, CEO, and Director
    Lake Shore Bancorp, Inc.
    31 East Fourth Street
    Dunkirk, New York 14048
    (716) 366-4070 ext. 1012

    The MIL Network –

  • MIL-OSI Security: Billings man sentenced to 12 years in prison for distributing meth and fentanyl

    Source: Office of United States Attorneys

    BILLINGS – A man who distributed drugs in the Billings area was sentenced today to 144 months in prison to be followed by 5 years of supervised release, U.S. Attorney Kurt Alme said.

    Shannon Ray Emeline, 45, pleaded guilty in January 2025 to one count of distribution of methamphetamine and one count of possession with intent to distribute methamphetamine and fentanyl.

    U.S. District Judge Susan P. Watters presided.

    The government alleged in court documents that on February 22, 2024, DEA agents arranged for a confidential source to purchase methamphetamine from Emeline. The deal took place in Emeline’s vehicle and the source paid him $2,000 for a quantity of meth.

    In April 2024, agents with the Montana Division of Criminal Investigation searched a residence in Billings, where they located a significant quantity of methamphetamine. They subsequently learned Emeline had purchased the meth and was actively distributing the drugs in Billings.

    On May 1, another confidential source told investigators Emeline was staying at a Billings hotel to meet with a source of supply. Agents surveilled the hotel and located Emeline’s vehicle in the parking lot. They performed a traffic stop, searched the vehicle, and seized a plastic bag containing meth and another bag containing fentanyl.

    Investigators interviewed Emeline, who admitted renting the hotel room to facilitate the purchase of two pounds of meth. Agents subsequently searched the room and found a bag of meth, a bag of fentanyl, and $6,855.

    Assistant U.S. Attorney Jacob Yerger prosecuted the case. The investigation was conducted by the DEA, Montana Division of Criminal Investigation, and Montana Highway Patrol.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results. For more information about Project Safe Neighborhoods, please visit https://www.justice.gov/psn.

    XXX

    MIL Security OSI –

  • MIL-OSI Security: Seagoville Man who Possessed Firearm while Consuming Hallucinogenic Mushrooms Sent to Federal Prison

    Source: Office of United States Attorneys

    A man who shot his roommate while under the influence of hallucinogenic mushrooms has been sent to federal prison, announced Acting United States Attorney for the Northern District of Texas Nancy E. Larson.

    Russell Alan Ragsdale, 25, has been in federal custody since his arrest on November 22, 2024.  On April 29, 2025, Ragsdale pled guilty to possession of a firearm by an unlawful user of a controlled substance.  On July 17, 2025, Senior United States District Judge Barbara M. G. Lynn sentenced Ragsdale to 66 months in federal prison followed by 3 years of supervised release.

    According to court documents, Ragsdale was arrested on Feb. 3, 2022, in Seagoville for the felony murder of his roommate.  At the time, Ragsdale told Seagoville law enforcement that his roommate attacked him, and he claimed he “shot him many times” in self-defense.  Officers recovered three firearms, including a 10mm Glock and an AR-15 rifle, and almost two grams of hallucinogenic mushrooms from the residence.  An analysis of Mr. Ragsdale’s phone showed a history of drug use dating back to November 2021, as well as evidence of purchasing and using hallucinogenic mushrooms on Feb. 2, 2022.  As part of his guilty plea, Ragsdale admitted that he was legally intoxicated from consuming hallucinogenic mushrooms when he possessed the 10mm Glock.

    During sentencing, Judge Lynn found that the defendant did not present sufficient evidence to support his self-defense claim. The Court also noted that the unfortunate death of the victim was the defendant’s own making.  Ragsdale remains in custody pending transfer to the Bureau of Prisons to serve his sentence.

    The Federal Bureau of Investigation’s Dallas Field Office and the Dallas Police Department conducted the investigation with the assistance of the Bureau of Alcohol, Tobacco, Firearms & Explosives’ Dallas Field Division, the Seagoville Police Department, and the Texas Department of Public Safety, which participated in the murder investigation.  Assistant U.S. Attorney Jongwoo Chung prosecuted the case.
     

    MIL Security OSI –

  • MIL-OSI: Purpose Investments Announces Special Meeting of Purpose Select Equity Fund to Transition to New Manager and Trustee and Certain Other Proposals

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 18, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose Investments” or “Purpose”) today announced that it has entered into a binding agreement with PenderFund Capital Management Ltd. (“Pender”) pursuant to which Purpose has agreed to assign to Pender its rights to act as trustee and manager of Purpose Select Equity Fund (the “Fund”), subject to unitholder approval.

    In addition to customary closing conditions, unitholders of the Fund will be asked to approve the change of manager and trustee to Pender (the “Change of Manager”), as well as (i) the change to the investment objectives of the Fund, (ii) a change to the calculation of the Fund’s incentive fee, (iii) the change to the method in which operating expenses are charged to the Fund, and (iv) the change of the Fund’s auditor from Ernst & Young LLP to KPMG LLP (collectively, the “Proposal”), all as more particularly described in the management information circular (the “Circular”), at a special meeting of the Fund’s unitholders (the “Unitholders”) to be held on or about August 13, 2025 (the “Meeting”).

    If approved, the Proposals will become effective, and Pender will become the manager and trustee of the Fund effective on August 28, 2025. The record date for the special meeting is July 11, 2025 (the “Record Date”). Unitholders of record as of the close of business on the Record Date are entitled to receive notice of and vote at the Meeting.

    Pender is an independent, employee-owned investment firm with approximately $4.4 billion in assets under management as of June 30, 2025. The transition will ensure consistency in the management and administration of the Fund, as Pender has been serving as sub-adviser to the Fund and the Fund’s existing portfolio manager will continue in this role following the transition.

    In connection with this proposed transaction, Purpose referred the matter to the Independent Review Committee (the “IRC”) of the Fund, which acts in an advisory capacity representing the interest of the Fund and its unitholders with respect to conflict of interest matters. The IRC has reviewed the Change of Manager and determined that, if implemented, the Change of Manager would achieve a fair and reasonable result for the Fund.

    The Circular is being mailed to Unitholders in compliance with applicable laws, and will be available under the Fund’s profile on SEDAR+ at www.sedarplus.ca. The Circular provides important information on the Proposals and related matters, including the voting procedures and how to attend the Meeting. Unitholders are urged to read the Circular and its schedules carefully and in their entirety.

    About Purpose Investments Inc.
    Purpose Investments is an asset management company with approximately $25 billion in assets under management. Purpose is committed to client-centric innovation and offers a range of managed and quantitative investment solutions. Led by entrepreneur Som Seif, Purpose is part of Purpose Unlimited, a technology-driven financial services platform.

    About PenderFund Capital Management Ltd.
    Pender was founded in 2003 and is an independent, employee-owned investment firm located in Vancouver, British Columbia. Our goal is to protect and grow wealth for our investors over time. We have a talented investment team of expert analysts, security selectors and independent thinkers who actively manage a suite of differentiated investment funds, exploiting inefficient parts of the investing universe to achieve our goal.

    For more information, please email us at info@purposeinvest.com

    Media Inquiries:
    Keera Hart
    Keera.Hart@kaiserpartners.com
    905-580-1257

    Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. There can be no assurance that the full amount of your investment in the fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value.

    The MIL Network –

  • MIL-OSI: XRP to $3.5, PFMCrypto Announces XRP Mining Contract with Daily Returns for All Holders

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 18, 2025 (GLOBE NEWSWIRE) — PFMCrypto, a global platform specializing in AI-driven crypto mining, announces the official launch of its XRP cloud mining contracts—designed to offer stable daily returns with zero technical setup. The announcement follows Ripple’s resolution of its multi-year legal battle with the U.S. Securities and Exchange Commission (SEC), resulting in a $125 million settlement. With legal clarity restored, investor optimism around XRP has surged, positioning PFMCrypto as a timely entry point for users seeking to benefit from the token’s renewed momentum and its potential climb toward the $5 mark.

    This renewed momentum has drawn investor attention to PFMCrypto, an AI-powered XRP cloud mining platform that is rapidly becoming the preferred gateway for those looking to capitalize on the token’s next potential bull run.

    XRP’s Journey Toward $5: What It Means for Investors?
    According to PFMCrypto’s Chief Analyst, the resolution of regulatory ambiguity has increased the probability of a U.S.-approved XRP ETF to 95%—a move that could trigger significant institutional capital inflows.
    For current XRP holders and new investors, PFMCrypto offers a low-barrier, high-efficiency way to gain exposure to this growth potential. Its AI-optimized XRP mining contracts enable users to earn stable daily income—without the need for mining hardware or technical expertise.

    Why PFMCrypto’s XRP Mining Model Is Poised to Lead in 2025?
    Unlike traditional Proof-of-Work (PoW) mining systems, XRP uses a consensus protocol, making direct mining infeasible. PFMCrypto addresses this challenge by offering next-generation cloud mining solutions, combining smart contract flexibility, high-yield algorithms, and accessibility for all users.
    Its AI-driven earnings engine intelligently reallocates computing resources in real-time, optimizing daily returns from XRP cloud mining. Within just one week of launch, PFMCrypto recorded a 378% increase in XRP mining contract sales as users rushed to access its flexible and high-liquidity earning solutions.

    Key Features of PFMCrypto XRP Cloud Mining Contracts:
    –  No Hardware Required: Accessible to all users; no equipment or setup needed.
    –  Daily Returns: Earn consistent profits based on your selected contract.
    –  Secure Asset Custody: Enterprise-grade protection for all user funds.
    –  Flexible Terms: Contract values range from $10 to $100,000 with durations from 1 to 50 days.

    Flexible XRP Mining Plans Now Available:
    Following the success of its BTC mining offerings, PFMCrypto now provides over 10 XRP-focused cloud mining plans. With a 378% weekly growth rate in sales, users can select plans tailored to their budget and strategy. All plans guarantee full principal return at maturity, making them a low-risk entry point for both newcomers and experienced crypto investors.
    Sample Plans Include:
    $100 Plan – 2-Day Term – Earn $3.00 daily (+$2 bonus)
    $1,000 Plan – 9-Day Term – Earn $13.10 daily
    $5,000 Plan – 30-Day Term – Earn $78.50 daily
    $10,000 Plan – 40-Day Term – Earn $180.00 daily
    These returns are based on real-time performance data from over 9.2 million users globally, backed by PFMCrypto’s high-efficiency infrastructure and AI-optimized engine.
    [Click here to explore more cloud mining plans.]

    Why PFMCrypto XRP Mining Is Ideal for Both Beginners and Experts?
    –  No Hardware Needed: Mine XRP instantly via PFMCrypto’s enterprise-grade infrastructure
    –  Zero Maintenance Costs: No electricity, no technical fees—pure profit potential
    –  Instant Withdrawals: Withdraw daily earnings anytime with ease
    –  $10 Welcome Bonus: New users receive $10 in XRP upon signing up
    With entry points as low as $100, users gain access to XRP mining and enjoy predictable, short-term returns—without direct exposure to volatile market swings.

    How to Start XRP Mining in Just Minutes?
    1.  Register – Create an account and claim your $10 bonus, plus daily login rewards
    2.  Choose a Plan – Select a contract that aligns with your investment strategy (1 to 50 days)
    3.  Start Mining – Let PFMCrypto’s AI engine do the work while you earn passive daily income

    About PFMCrypto:
    Founded in 2018, PFMCrypto is a global leader in AI-driven cloud mining, serving over 9.2 million users across 192 countries. The platform supports secure, fully remote mining for XRP, BTC, ETH, LTC, DOGE, and SOL—offering one of the most accessible and profitable ways to earn crypto passively.
    As XRP edges closer to the $5 mark, PFMCrypto’s XRP mining ecosystem provides one of the most practical and rewarding ways to engage with the token’s next growth phase.

    Explore more and start XRP mining today: https://pfmcrypto.net

    The MIL Network –

  • MIL-OSI: Pyrophyte Acquisition Corp. II Announces Closing of $175 Million Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, TX, July 18, 2025 (GLOBE NEWSWIRE) — Pyrophyte Acquisition Corp. II (NYSE: PAII) (the “Company”) today announced the closing of its initial public offering of 17,500,000 units at a public offering price of $10.00 per unit. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share.

    The units are listed on the New York Stock Exchange (the “NYSE”) and commenced trading under the ticker symbol “PAII.U” on July 17, 2025. Once the securities comprising the units begin separate trading, the Class A ordinary shares and the warrants are expected to be listed on NYSE under the symbols “PAII” and “PAII WS,” respectively.

    Concurrently with the closing of the initial public offering, the Company closed on a private placement of 5,050,000 warrants to Pyrophyte Acquisition II LLC, the Company’s sponsor, at a price of $1.00 per warrant, resulting in gross proceeds of $5,050,000. Each private placement warrant is exercisable to purchase one Class A ordinary share at $11.50 per share. Of the proceeds received from the consummation of the initial public offering and the simultaneous private placement of warrants, $175,000,000 (or $10.00 per unit sold in the public offering) was placed in trust.

    Pyrophyte Acquisition Corp. II is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination in any industry, sector or geographic region, it expects to target opportunities and companies in the energy sector.

    UBS Investment Bank acted as the lead book-running manager of the offering and Brookline Capital Markets, a division of Arcadia Securities, LLC acted as the co-manager of the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 2,625,000 units at the initial public offering price to cover over-allotments, if any.

    A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on July 16, 2025. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    The offering was made only by means of a prospectus. Copies of the prospectus relating to this offering may be obtained from UBS Securities LLC, 1285 Avenue of the Americas, New York, New York 10019, Attention: Prospectus Department, or by email at: prospectusrequest@ubs.com.

    Cautionary Note Concerning Forward-Looking Statements

    This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s search for an initial business combination and the anticipated use of the net proceeds of the initial public offering and simultaneous private placement. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement for the initial public offering, available on the SEC’s website, www.sec.gov, and the Company’s preliminary prospectus. The Company undertakes no obligation to update these statements for revisions or changes after the issuance of this release, except as required by law.

    Contact

    Sten Gustafson
    President and Chief Financial Officer
    Pyrophyte Acquisition Corp. II
    sten.gustafson@pyrophytespac.com

    The MIL Network –

  • MIL-OSI USA: Media Alert: Low-level flights to image geology over Black Hills, Bear Lodge area

    Source: US Geological Survey

    The flights are a collaborative effort between the U.S. Geological Survey’s Earth Mapping Resources Initiative and the state geological surveys of South Dakota and Wyoming, and are part of a national effort to modernize mapping of the nation’s geology.

    “Partnership with state surveys helps accomplish national goals like mapping the critical minerals the U.S. needs, as well as water and potential hazards. The Wyoming and South Dakota geological surveys are helping with the work of the nation—and adding to state knowledge crucial to water access, hazards and the mining economy,” said Jamey Jones, science coordinator for the U.S. Geological Survey’s Earth Mapping Resource Initiative.

    “Collection of these fundamental geologic data addresses the national prioritization of locating domestic mineral resources needed to drive the U.S. economy and provide for national security,” said Erin Campbell, Director and State Geologist of the Wyoming State Geological Survey.

    The survey is designed to advance interpretations of the Precambrian geologic framework of the greater Black Hills area, as well as aid in mapping Tertiary-age intrusions known to host rare earth elements. These elements are used in magnets for electric motors, wind turbines, and hard drives, as well as defense applications such as radar and guidance systems in fighter jets and missile systems. In 2024, the U.S. was reliant on imports for 80% of rare earth element use.

    Tim Cowman, State Geologist and Program Administrator for the South Dakota Geological Survey, noted the importance of this regional work. 

    “The collaboration between the USGS, Wyoming, and South Dakota geological surveys will benefit the entire country,” he said. “Once completed, we will have a better understanding of the complicated structure of this region and how that structure influenced emplacement of carbonatite intrusions.”

    The survey will acquire both magnetic and radiometric data using a fixed-wing aircraft. The aircraft will fly along pre-planned flight paths relatively low to the ground at about 300 feet (100 meters) above the surface. Ground clearance will be increased to 1,000 feet (300+ meters) over populated areas and will comply with Federal Aviation Administration regulations.

    Flights may be based out of several regional airports, with Rapid City as the primary airport.

    The USGS has contracted with Fugro and Xcalibur Aviation Limited to collect data.

    Funding through the Infrastructure Investment and Jobs Act has facilitated coverage of such a large area.

    The survey fits into a broader effort by the USGS, the Wyoming State Geological Survey, the South Dakota Geological Survey, and other partners—including private companies, academics and state and federal agencies—to modernize our understanding of the Nation’s fundamental geologic framework and knowledge of mineral resources. 

    This effort is known as the Earth Mapping Resources Initiative, and it includes airborne geophysical surveys like this one, geochemical reconnaissance surveys, topographic mapping using LiDAR technology, hyperspectral surveys and geologic mapping projects.

    Caption: Outline of survey boundaries. The fixed wing survey will take place within the blue polygon on the map.Caption: Photo of the contractor’s fixed wing survey aircraft with a “tail boom” containing sensors that measure the magnetic field. (Photo courtesy of Xcalibur Smart Mapping)

    Caption: Photo of the contractor’s fixed wing survey aircraft with a “tail boom” containing sensors that measure the magnetic field. (Photo courtesy of Xcalibur Smart Mapping)

    MIL OSI USA News –

  • MIL-OSI USA: ICE New England investigation lands Trinitarios leader 14 years in prison for racketeering conspiracy

    Source: US Immigration and Customs Enforcement

    BOSTON —The former leader of the Lynn Chapter of the Trinitarios was sentenced in Boston federal court on July 16 to RICO conspiracy charges following an investigation by ICE’s Homeland Security Investigations New England field office.

    Aaron Diaz Liranzo aka Sosa, 26, was sentenced to 14 years in prison followed by three years of supervised release. In March 2025, Diaz Liranzo pleaded guilty to conspiracy to conduct enterprise affairs through a pattern of racketeering activity, more commonly referred to as RICO conspiracy. Diaz Liranzo was arrested and charged in February 2025 at which time he was the Leader of the Lynn Chapter of the Trinitarios.

    Homeland Security Investigations New England Special Agent in Charge Michael J. Krol, U.S. Attorney Leah B. Foley, FBI Boston Special Agent in Charge Ted E. Docks, Essex County District Attorney Paul F. Tucker, Massachusetts State Police Col. Geoffrey D. Noble and Lynn Police Chief Christopher P. Redd made the announcement.

    The Trinitarios is a violent criminal enterprise comprising thousands of members across the United States. The group adheres to a Magna Carta, employ an internal hierarchy to organize and execute violence, and have undertaken extensive efforts to maintain the secrecy of the organization and its members.

    In February 2025, federal racketeering charges were unsealed against 22 Trinitarios leaders and members. The charges were the result of a multijurisdictional investigation, which began in the aftermath of four murders and a series of attempted murders and shootings that took place in the Lynn area, allegedly committed by the Trinitarios criminal enterprise and its members.

    From at least 2021 through 2025, Diaz Liranzo served as the “Primera,” or “Number One” of the Lynn Chapter of the Trinitarios. He admitted to participating in a shooting that took place in March 2019 that targeted multiple rival gang members outside a Lynn nightclub. Another gang member, who posed as a woman who needed a ride, lured the victims there. Equipped with a firearm and knowledge of the victims’ vehicle and whereabouts, the defendant traveled to the nightclub and opened fire, discharging at least six rounds. During the incident, Diaz Liranzo shot two of the three victims seated in the car. Both victims suffered life-threatening injuries, but ultimately survived the incident.

    The U.S. Attorney’s Office for the District of New Hampshire, U.S. Customs and Border Protection, the Suffolk District Attorney’s Office, the Rockingham County District Attorney’s Office and the Andover, Boston, Lawrence, Peabody and Salem Police Departments provided valuable assistance.

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

    MIL OSI USA News –

  • MIL-OSI USA: 2 MS-13 members sentenced for racketeering following ICE New England, partner investigation

    Source: US Immigration and Customs Enforcement

    BOSTON — An investigation by ICE Homeland Security Investigations New England alongside its law enforcement partners led to the July 15 sentencing of two members of La Mara Salvatrucha, or MS-13, for their roles in a previously-unsolved murder.

    Jose Vasquez aka Cholo aka Little Crazy, 31, was sentenced to 25 years in prison followed by five years of supervised release. In May 2025, Vasquez pleaded guilty to violent crime in aid of racketeering. He was already serving a 212-month prison sentence for a May 2018 federal conviction for conspiracy to participate in a racketeering enterprise. In total, Vasquez will serve a total of 37 years for his MS-13-related crimes.

    William Pineda Portillo aka Humilde, 31, a Salvadoran national who was unlawfully residing in Everett, was sentenced to 16 years in prison followed by three years of supervised release. He is subject to deportation upon completion of his sentence. In May 2023, Pineda Portillo pleaded guilty to conspiracy to participate in a racketeering enterprise conspiracy.

    Homeland Security Investigations New England Special Agent in ChargeMichael J. Krol, U.S. Attorney Leah B. Foley, FBI Boston Special Agent in Charge Ted E. Docks, Massachusetts State Police Col. Geoffrey D. Noble, Somerville Police Chief Shumeane Benford and Chelsea Police Chief Keith Houghton made the announcement July 17.

    Pineda Portillo and Vazquez were indicted by a federal grand jury along with other MS-13 members in September 2024. Specifically, Pineda Portillo and Vasquez conspired with others to murder a 28-year-old man on Dec. 18, 2010, in Chelsea. That evening, law enforcement responded to a 911 call in the vicinity of the Fifth Street on-ramp to Route 1 in Chelsea. There, they found the victim with approximately 10 stab wounds to his chest and back, along with injuries to his head. The victim was transported to a hospital, where he succumbed to his wounds. A recent reexamination of evidence collected during the initial investigation identified members of MS-13, including Vasquez, as having committed the murder.

    In the week leading up to the incident, Vasquez and other MS-13 members conspired to murder the victim because they believed he belonged to a rival gang. Evidence revealed that on the day of the murder, Pineda Portillo picked up Vasquez, other MS-13 members and the victim in Allston. Driving a vehicle registered to his father, Pineda Portillo took the MS-13 members and the victim to Chelsea, where Vasquez and the other gang members led him to an area under an on-ramp to Route 1. Once in the secluded area under the highway, an MS-13 member hit the victim in the head with a rock and another MS-13 member stabbed him with a machete. During the attack, Vasquez stabbed the victim with a knife. Vasquez’s palm print was identified on the handle of a silver kitchen knife recovered from the murder scene. The victim’s blood was also found on the knife.

    An undercover recording obtained approximately six weeks after the murder captured one MS-13 member acknowledging his participation in the murder and other gang members disciplining him for leaving Massachusetts after the murder without the gang’s permission.

    Pineda Portillo fled to El Salvador before investigators could interview him about his role in the murder. On or about April 29, 2015, after Pineda Portillo returned to the U.S., he arranged to sell a firearm loaded with eight rounds of ammunition to a cooperating witness in exchange for money.

    On or about June 1, 2015, Pineda Portillo conspired to murder an MS-13 member he incorrectly believed had been arrested and was cooperating with law enforcement. Specifically, in a conversation recorded by law enforcement, Pineda Portillo said, among other things: “I want that son of a bitch killed, man … You will see, homeboy! We are going to do a complete thing to that son of a bitch, dude.”

    Pineda Portillo was originally indicted in 2017. Shortly before the indictment was returned, he was deported to El Salvador. Approximately five years later, on May 10, 2022, Pineda Portillo was arrested as he tried to return to the U.S, illegally crossing the border into Texas from Mexico.

    According to court documents, after being arrested at the border, Pineda Portillo admitted that he was a member of MS-13. A fingerprint analysis indicated there was a warrant for his arrest. Pineda Portillo was then returned to the District of Massachusetts, where he remained in custody.

    ATF Boston, U.S. Customs and Border Protection, U.S. Citizenship and Immigration Services and the Suffolk County District Attorney’s Office provided valuable assistance in this case.

    MIL OSI USA News –

  • MIL-OSI Security: Repeat offender sentenced to 20 years in prison for trafficking narcotics and laundering the proceeds

    Source: Office of United States Attorneys

    ALEXANDRIA, Va. – A Connecticut man was sentenced today to 20 years in prison for conspiracy to distribute 50 grams or more of methamphetamine, conspiracy to import GBL with intent to manufacture GHB, and concealment money laundering.

    In May 2024, investigators learned that Hatem S. Salem, 56, was importing quantities of GBL, a precursor for the “date-rape” drug GHB, into Virginia from China. From August 2024 through January 2025, law enforcement conducted five controlled purchases of various controlled substances, including cocaine, ketamine, MDMA, and over 100 grams of meth from Salem.

    On Jan. 30, investigators searched Salem’s residence in Shelton, Connecticut. Agents recovered 151 grams of meth, 626 grams of cocaine, various quantities of Ketamine, MDMA, and LSD, bottles containing GBL and GHB, and 157 boxes containing nearly 1,200 liters of suspected GBL in Salem’s basement. As part of his guilty plea, Salem admitted that over 2,000 liters of GBL was involved in the importation conspiracy.  Investigators also discovered a clandestine lab in Salem’s shed that contained substances and equipment for manufacturing GHB. A financial investigation revealed that Salem used various methods, such as convoluted transactions between business and personal bank accounts, to conceal or disguise the proceeds from his drug conspiracy. Investigators seized assets constituting proceeds of Salem’s drug trafficking conspiracy and property involved in money laundering, including approximately $370,000 in cash and $171,500 in cryptocurrency.

    Salem has several prior federal narcotics-related convictions. In 1999, Salem was convicted for conspiracy to distribute anabolic steroids, distribution of anabolic steroids, and making false statements. In 2005, Salem was convicted for distribution of GBL and GHB while he was on probation for his 1999 conviction. In 2015, Salem was convicted for unlawful importation of GBL with intent to manufacture GHB.

    Erik S. Siebert, U.S. Attorney for the Eastern District of Virginia; Christopher Heck, Acting Special Agent in Charge of Immigration and Customs Enforcement Homeland Security Investigations (ICE HSI) Washington, D.C.; and Kevin Davis, Fairfax County Chief of Police, made the announcement after sentencing by Senior U.S. District Judge Claude M. Hilton.

    Special Assistant U.S. Attorney Lauren Hahn and Assistant U.S. Attorney Annie Zanobini prosecuted the case.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime.

    A copy of this press release is located on the website of the U.S. Attorney’s Office for the Eastern District of Virginia. Related court documents and information are located on the website of the District Court for the Eastern District of Virginia or on PACER by searching for Case No. 1:25-cr-105.

    MIL Security OSI –

  • MIL-OSI Security: Jury Finds Defendant Guilty in Drug Trafficking Conspiracy and Weapons Charges

    Source: Office of United States Attorneys

    DENVER – The United States Attorney’s Office for the District of Colorado announces that a jury found Nathan James Meek of Colorado Springs guilty of one count of possession with intent to distribute fentanyl, one count of possession with intent to distribute methamphetamine, one count of possession with intent to distribute cocaine, one count of possession with intent to distribute marijuana, one count of possession of a firearm by a previously convicted felon, and one count of possession of a firearm in furtherance of drug trafficking.

    According to evidence presented at trial, Meek sold large quantities of narcotics in the Colorado Springs area, including methamphetamine and fentanyl. He was arrested on January 18, 2024, and investigators recovered a cellphone, a firearm, 10 fentanyl pills, 6.2 grams of methamphetamine, and over $3,000 in cash from his person and vehicle. Officers obtained a search warrant for Meek’s apartment and recovered 2,202 grams of methamphetamine, 131 grams of fentanyl, 80 grams of cocaine, 698 grams of marijuana, and three firearms. Meek’s cellphone contained records of drug-related communications dating from January 1, 2024, through the time of his arrest.

    The case was investigated by the Federal Bureau of Investigation and the Colorado Springs Police Department.  The prosecution was handled by Assistant United States Attorneys Garreth Winstead and Daniel McIntyre.

    Case Number:  24-cr-00082-RMR-1

    MIL Security OSI –

  • MIL-OSI Security: Former Boston Teacher Indicted for Child Exploitation

    Source: Office of United States Attorneys

    Defendant is believed to have communicated with at least 20 underage females around the world; Engaged in sexualized conversations while teaching in class

    BOSTON – A former science teacher at Josiah Quincy Upper School in Boston has been indicted by a federal grand jury in Boston for allegedly coercing or enticing at least one underage female to engage in sexual conversations online and requesting she produce and send child sexual abuse material (CSAM) of herself.

    John Magee Gavin, 35, of Brookline, was indicted on one count of coercion and enticement of a minor; one count of receipt of child pornography; and one count of possession of child pornography. The defendant is currently in state custody on related charges and will appear in federal court in Boston on July 21, 2025 at 10:45 a.m.

    According to court filings, Gavin is a former teacher at the Josiah Quincy Upper School in Boston. Prior to that, he was a 6th grade teacher at the Academy of the Pacific Rim Charter Public School in Hyde Park and was a paraprofessional with the Brookline Public Schools.

    In January 2025, Gavin was allegedly identified as the owner of a Discord account who messaged at least 20 underage females between the ages of 12 and 17 years old located throughout the country, including Georgia, Texas, Tennessee, West Virginia, North Carolina and Florida, as well as the United Kingdom and Canada. It is alleged that, in these chats, Gavin disclosed that he was a teacher, engaged in sexual conversations and often asked the minors to send him pictures of themselves engaged in sexually explicit conduct – knowing that the children were underaged. He was arrested by local authorities in February 2025 and charged in Brookline District Court with enticing a child under 16, possession of child pornography and other offenses.

    A forensic review of evidence seized from Gavin’s Brookline residence  allegedly revealed approximately 147 files (94 images and 53 videos) on his iPhone depicting CSAM. It is alleged that the CSAM depicted rape of both female and male minors, ranging in age from approximately five to 17 years old.

    Further analysis of Gavin’s Discord account identified numerous chats with underage females in which he allegedly engaged in online masturbation sessions with the minors, solicitated images from and exchanged images with the minors and engaged in sexualized conversations with the minors while he was at school. The chats also allegedly included conversations in which Gavin expressed his sexual interest in certain students at Josiah Quincy. In one conversation, Gavin allegedly discussed his sexual interest in a freshman student at the school where he was employed as a teacher and fantasied about having sex with her.

    The charge of coercion and enticement of a minor provides for a mandatory minimum sentence of 10 years and up to life in prison, at least five years and up to a lifetime of supervised release and a fine of up to $250,000. The charge of receipt of child pornography provides for a mandatory minimum sentence of five years and up to 20 years in prison, at least five years of supervised release and a fine of up to $250,000. The charge of possession of child pornography provides for a sentence of up to 20 years in prison, at least five years of supervised release and a fine of up to $250,000. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and statutes which govern the determination of a sentence in a criminal case.

    Members of the public who have questions, concerns or information regarding this case should call 617-748-3274 or contact USAMA.VictimAssistance@usdoj.gov.

    United States Attorney Leah B. Foley and Ted E. Docks, Special Agent in Charge of the Federal Bureau of Investigation Boston Division made the announcement today. Valuable assistance was provided by the Brookline Police Department; the Tennessee Bureau of Investigations; and the Norfolk County District Attorney’s Office. Assistant U.S. Attorney Luke A. Goldworm, Project Safe Childhood Coordinator and a member of the Major Crimes Unit, is prosecuting the case.

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

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

    MIL Security OSI –

  • MIL-OSI Security: Fargo Man Sentenced to 40 Years in Federal Prison for a Large Dangerous Drug Distribution Enterprise and Distribution of Drugs Resulting in Death

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

    FARGO:  Acting United States Attorney Jennifer Klemetsrud Puhl announced that Karmen Charles Fox, age 34 of Fargo, ND, appeared in United States District Court today, and was sentenced by Chief Judge Peter Welte to serve 480 months in federal prison, followed by 20 years of supervised release for the offenses of Conspiracy to Possess with Intent to Distribute and Distribute 400 grams or more of Fentanyl (Count 1); Conspiracy to Commit Money Laundering (Count 2); Possession with Intent to Distribute a Controlled Substance (Fentanyl) (Count 3); Distribution of a Controlled Substance Resulting In Death (Count 4); Distribution of a Controlled Substance (fentanyl) (Count 5); Possession with Intent to Distribute a Controlled Substance (methamphetamine) (Count 7); and Possession of Firearms by a Convicted Felon (Count 9).  Fox was also ordered to pay a $700 Special Assessment.   

    As reflected in court documents, federal law enforcement responded to an overdose death on the Spirit Lake Indian Reservation, North Dakota.  A subsequent investigation revealed that Karmen Fox was the primary source of the pills that were ingested by the victim.  Fox sold fentanyl pills to individuals throughout North Dakota, including on the Spirit Lake Indian Reservation and Fort Berthold Indian Reservation for further distribution, including codefendants Scott Roberts (Roberts), Kristin Carrington (Carrington), Chasity Lynn Feather (Feather), Aiana Richotte (Richotte), among other coconspirators. Throughout the conspiracy, Fox and his codefendants used CashApp and other money transfer services to transfer the drug proceeds.

    In December 2022, Fox distributed more than 100 fentanyl pills to Feather and Richotte who in turn drove the pills from Fargo to Devils Lake for further distribution.  While in Devils Lake, Richotte and the overdose victim smoked a pill.  Thereafter, the victim returned to her residence on the Spirit Lake Indian Reservation where she later died.  After the victim was found unresponsive by her significant other, he called emergency medical personnel who unsuccessfully performed life-saving measures.  

    Law enforcement later obtained search warrants for Richotte and Feather’s hotel room in Devils Lake as well as Feather’s person.  Law enforcement seized $1,293 from Feather’s purse and approximately 175 fentanyl pills from Feather’s person.

    Further investigation of the coconspirators’ social media accounts revealed that Scott Roberts and Fox discussed having previously distributed “thousands” of pills.  They also discussed the arrests of Feather and Richotte in Devils Lake on December 13, 2022.  On November 21, 2023, a search warrant was executed on Fox’s residence in Fargo. Law enforcement seized approximately 25 grams of methamphetamine, two grams of heroin, three firearms, and 34 boxes of various ammunition.  Fox was prohibited from possessing firearms because of two prior felony convictions, including Attempted Delivery of Controlled Substance-Heroin.

    Following a jury trial, Fox was found guilty of the above-mentioned offenses on March 19, 2025.  Fox’s coconspirators plead guilty and were sentenced to federal prison for the following terms of incarceration:

    • Roberts was sentenced to 120 months
    • Carrington was sentenced to 42 months
    • Richotte was sentenced to 28 months
    • Feather is awaiting sentencing.

    “Today’s action reflects the significant prison sentence that awaits those who choose to infect our community with fentanyl, methamphetamines and illegal firearms,” said Special Agent in Charge Alvin M. Winston Sr. of FBI Minneapolis. “Drug dealers can’t hide from law enforcement in North Dakota, or anywhere in this country. The FBI is proud of our role in this joint effort with our federal, state and local law enforcement partners.”

    “The defendant prioritized financial gain over human life and it’s my hope that his sentence will serve as a stark warning to others who are engaging in the same conduct,” said Acting US Attorney Puhl. “If you distribute dangerous narcotics that result in overdose deaths, you will be prosecuted to the fullest extent of the law”.

    This case was investigated by the Federal Bureau of Investigation; BIA, Lake Region Narcotics Task Force; North Dakota Crime Lab, BCI; Cass County Task Force; and the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF).  This case was prosecuted by the US Attorney’s Office, District of North Dakota.

    # # #

    MIL Security OSI –

  • MIL-OSI USA: Warnock, Ossoff Deliver Upgrades for Johns Creek’s Bridges and Sidewalks

    US Senate News:

    Source: United States Senator Reverend Raphael Warnock – Georgia

    Johns Creek, GA — Today, U.S. Senators Reverend Raphael Warnock (D-GA) and Jon Ossoff (D-GA) announced new federal funding to upgrade bridges and sidewalks in Johns Creek.

    Senators Warnock and Ossoff secured a $12.8 million investment through the Bipartisan Infrastructure Law’s Better Utilizing Investments to Leverage Development (BUILD) grant program to help Johns Creek replace two bridges, build new sidewalks and a multi-use trail, and upgrade drainage systems on Old Alabama Road over the Chattahoochee Tributary.

    “Smart investments in our communities can bridge any political divide. This infrastructure funding will revitalize key bridges in the Johns Creek community and continue to keep our friends, families, and neighbors connected. I am proud to have worked with Senator Ossoff to get it done and will continue to champion federal investments in Georgia,” said Senator Reverend Warnock.

    “Johns Creek residents deserve safe bridges and sidewalks, and I am pleased to deliver the funds for these vital quality of life upgrades,” said Senator Ossoff. “It has been a pleasure working with Johns Creek leadership to get this done.”

    “This grant will help us improve safety and connectivity in the City and will benefit quality of life for our community,” said John Bradberry, Mayor of Johns Creek. “I’m grateful to our Georgia Congressional leaders for their support of our selection. Projects like this one help make Johns Creek one of the best places to live in the nation.”

    Senators Warnock and Ossoff continue delivering resources to upgrade Georgia’s infrastructure. In May, the senators delivered more than $13 million in federal funding from the Bipartisan Infrastructure Law to upgrade and help maintain Georgia’s regional airports.

    MIL OSI USA News –

  • MIL-OSI Africa: Empowering Women through Clean Energy: African Development Bank Launches Country Diagnostics to Accelerate Inclusive Energy Transitions

    Source: APO – Report:

    .

    In a significant step toward advancing inclusive climate solutions, the African Development Bank (www.AfDB.org), in partnership with the Climate Investment Funds (CIF) (https://apo-opa.co/44PhRQI), has launched the Gender and Renewable Energy Country Diagnostics (https://apo-opa.co/3GXAwSi)—a pivotal initiative exploring the nexus between gender equity and energy access in six African countries: Ghana (https://apo-opa.co/450VUOL), Liberia (https://apo-opa.co/44DKrFW), Mali (https://apo-opa.co/44ZZLM5), Lesotho (https://apo-opa.co/3GTIKeb), Madagascar (https://apo-opa.co/46jgk7Q), and Malawi (https://apo-opa.co/46dH5KX).

    Commissioned by the Bank under CIF’s Scaling Up Renewable Energy Program, the diagnostics provide evidence-based, country-specific recommendations to enhance women’s leadership, financial inclusion, and participation in Africa’s clean energy economy. Focusing on localized, actionable solutions, the reports identify opportunities to embed gender considerations into national energy planning, investment strategies, and policy frameworks. They also propose inclusive financing models that de-risk women-led energy enterprises and highlight the need for capacity-building efforts to strengthen technical skills, entrepreneurial readiness, and leadership among women in the renewable energy sector.

    The findings were officially unveiled at a virtual launch event on 30 June 2025, hosted by the Bank’s Climate Change and Green Growth Department and Gender and Women Empowerment Division. The event brought together stakeholders from government, civil society, the private sector, and development institutions, underscoring a strong regional commitment to gender-equitable and resilient energy transitions.

    Opening the event, Al Hamndou Dorsouma, Manager of the Climate Change and Green Growth, reaffirmed the Bank’s commitment to a just and inclusive energy transition. “Gender equality is a source of serious innovation and sustainable growth,” he stated, emphasizing the need to translate diagnostic findings into concrete reforms, strengthening institutional coordination, and gender-responsive business and financing mechanisms. He noted that the initiative directly responds to growing country-level demand for stronger gender integration in energy strategies, building on earlier successes in East Africa.

    Nathalie Gahunga, Manager of the Gender and Women Empowerment Division, closed the event with a compelling call to action. She urged governments, development partners, NGOs, financiers, and the private sector to turn the data into transformative investments, innovative programs, and inclusive policy reforms. “The real work begins now,” she declared, calling for cross-sector collaboration to remove structural barriers and unlock women’s full participation in Africa’s green economy.

    Fewstancia Munyaradzi, Executive Director of Rand Sandton Consulting Group (www.RandSandton.com), presented a consolidated action plan focused on closing financing gaps, building institutional capacity, and integrating gender-responsive approaches into energy policy and project design.

    At the African Development Bank, gender integration is a core priority. Gender considerations are mainstreamed in 100 percent of the Bank’s climate operations—from design through implementation. These diagnostics reflect that commitment, providing practical tools to help countries operationalize gender equality in energy planning and programming.

    As Africa advances on its path to energy transformation, diagnostics are now available to guide gender-responsive policy and investment decisions across the continent. They affirm that gender inclusion is not only a development imperative but a cornerstone of sustainable, resilient progress.

    This new effort builds on the Bank’s earlier collaboration with the Climate Investment Funds in 2020, which produced Gender and Sustainable Energy Access country briefs for Kenya, Rwanda, Tanzania, and Uganda (https://apo-opa.co/46MLNiY). Those briefs guided gender-sensitive energy interventions and highlighted the importance of sex-disaggregated data, national-level engagement, and context-specific recommendations.

    To review the Country Diagnostic Studies on Gender and Renewable Energy, click here (https://apo-opa.co/3GXAwSi):

    Ghana
    (https://apo-opa.co/450VUOL)

    Liberia
    (https://apo-opa.co/44DKrFW)

    Mali
    (https://apo-opa.co/44ZZLM5)

    Lesotho
    (https://apo-opa.co/3GTIKeb)

    Madagascar
    (https://apo-opa.co/46jgk7Q)

    Malawi
    (https://apo-opa.co/46dH5KX)

    – on behalf of African Development Bank Group (AfDB).

    Media Contact:
    Sonia Borrini
    Climate Change & Green Growth Department
    s.borrini@afdb.org

    About the African Development Bank Group:
    The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

    MIL OSI Africa –

  • MIL-OSI Africa: The African Development Bank (AfDB) and Sustainable Energy Fund for Africa (SEFA) provide $40 million investment in equity platform Zafiri to accelerate renewable energy access across Africa

    Source: APO – Report:

    The Board of Directors of the African Development Bank (www.AfDB.org) has approved a $40 million equity investment in Project Zafiri, a transformative equity platform and flagship initiative under Mission 300 (https://apo-opa.co/4m1ve7m). This investment will accelerate the expansion of renewable energy access across Africa.

    Zafiri – jointly developed by the Bank, World Bank Group and other partners – aims to address the critical shortage of patient, longer-term equity capital needed to de-risk and scale Decentralized Renewable Energy solutions (DRE) for underserved communities across the continent.

    Decentralized Renewable Energy is the fastest, most cost-effective, and sustainable way to expand electricity access in rural Africa. Unlike centralized grids, DRE solutions—such as mini-grids and stand-alone solar home systems—can be deployed quickly and affordably, even in remote or fragile areas.

    Under Mission 300, which aims to connect an additional 300 million people to electricity by 2030, DRE will play a central role in ensuring no community is left behind. These decentralized systems are modular, scalable, and well-suited to the continent’s dispersed populations and geographic challenges. More than half of all new electricity connections by 2030 are expected to come from DRE.

    Zafiri is structured as a Permanent Capital Vehicle with a targeted capitalization of $1 billion, raised through a phased approach. Phase 1 targets $300 million in total commitments, equally split between junior and senior equity, with junior equity serving as a key catalyst to crowd-in private sector in this higher-risk, undercapitalized market.

    The African Development Bank’s $40 million contribution consists of $30 million in senior equity from its balance sheet and $10 million in junior equity from the Sustainable Energy Fund for Africa (SEFA), a multi-donor special fund managed by the Bank.

     “Zafiri is a catalytic platform that will be an integral component of the Bank’s strategy to accelerate universal access to modern energy in Africa. With just five years remaining to reach Mission 300’s goal of additional 300 million connections by 2030, this initiative provides a timely and innovative solution to scale private capital for impact,” noted Kevin Kariuki, Vice President for Power, Energy, Climate, and Green Growth at the African Development Bank.

    Wale Shonibare, Director for Energy Financial Solutions, Policy, and Regulations, described Zafiri as the largest patient capital commitment to the African DRE sector to date. He said it exemplifies how structured blended financing can unlock commercial capital while delivering inclusive, climate-resilient energy access across the continent.

    Project Zafiri will address the lack of longer-term equity that is constraining the growth of the DRE sector in Africa, Daniel Schroth, Director for Renewable Energy and Energy Efficiency, said, adding that by anchoring the junior equity tranche, SEFA is helping to crowd in private investment at scale.

    Zafiri aligns with the Bank’s Ten-Year Strategy (2024–2033) to promote private investment in energy infrastructure, the High 5s, particularly Light Up and Power Africa, Industrialize Africa, and Improve the Quality of Life for the People of Africa, and the New Deal on Energy for Africa. It also contributes to both mitigation and adaptation goals under the Bank’s Climate Change and Green Growth Policy and Strategy and supports the objectives of SEFA and the Private Sector Development Strategy (PSDS) to mobilize equity for clean energy and energy efficiency investments. Zafiri also aligns with the Bank’s Equity Investment Framework and represents a pioneering approach to blended finance in Africa’s energy transition and a critical step toward achieving universal energy access.

    – on behalf of African Development Bank Group (AfDB).

    Contact:
    Amba Mpoke-Bigg
    Communication and External Relations Department
    Email: media@afdb.org

    About the African Development Bank Group:
    The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

    Media files

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    MIL OSI Africa –

  • MIL-OSI NGOs: G20 signals support for fairer global tax rules but comes up short on taxing the super-rich

    Source: Greenpeace Statement –

    Durban, South Africa – Commenting on the outcome of the G20 3rd Finance Ministers and Central Bank Ministerial Meeting, Greenpeace welcomed the G20 ministers’ support for international tax negotiations at the United Nations. However, Ministers did not reference the proposal introduced under Brazil’s G20 presidency last year to tax the ultra-rich.[1]

    Fred Njehu, Global Political Lead of the Fair Share campaign, Greenpeace Africa, said: “This show of support for the UN Tax Convention is a welcome step in the right direction for new global tax rules that work for everyone, not just the select few. The G20 must now put words into action and engage constructively in the process as a global multilateral platform that will shape and determine the future of taxation, one rooted in equity, transparency and justice.

    “However, the G20 Finance Ministers are squandering an incredible opportunity to end financial apartheid and achieve a breakthrough on wealth taxation that could redistribute much needed funds to tackle the social, economic, environmental and climate polycrisis. Equality is not the accumulation of wealth and power in the hands of a few billionaires. We need to stand up to the power of billionaires who are a threat to our democracies, security and wellbeing.[2]

    “Turbulent economic times like these demand global cooperation and a multilateral response. G20 ministers have an historic obligation to help steer the global economy and environment towards safer waters. They must listen to growing public calls and build the political momentum for taxing the super-rich and set new global tax rules that work for all to achieve social and climate justice.”

    END

    Notes:

    [1] New global tax rules in an UN Framework Convention on International Tax Cooperation are being negotiated, from now until 2027. It is a historic opportunity to redistribute power and wealth, and foster tax transparency and accountability. It aims to take control of global tax rules from the rich OECD (Organisation for Economic Cooperation and Development) countries to place it in the hands of the 193 member states of the United Nations. 

    [2] Greenpeace: Ramaphosa, G20 must end financial apartheid with tax on super-rich

    Contacts:

    Ibrahima Ka Ndoye, International Communications Coordinator, Greenpeace Africa. +221778437172, [email protected].

    Greenpeace International Press Desk, +31 (0)20 718 2470 (available 24 hours), [email protected]

    MIL OSI NGO –