NewzIntel.com

Category: Finance

  • MIL-OSI: FINANCIAL 15 SPLIT CORP. Monthly Dividend Declaration for Class A & Preferred Share

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — Financial 15 Split Corp. (“Financial 15”) declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.07708 for each Preferred share ($0.925 annually). Distributions are payable November 8, 2024 to shareholders on record as at October 31, 2024.

    Since inception Class A shareholders have received a total of $26.31 per share and Preferred shareholders have received a total of $11.97 per share inclusive of this distribution, for a combined total of $38.28.

    Financial 15 invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

    Distribution Details
       
    Class A Share (FTN) $0.12570
    Preferred Share (FTN.PR.A) $0.07708
    Record Date: October 31, 2024
    Payable Date: November 8, 2024
       

    Investor Relations: 1-877-478-2372
    Local: 416-304-4443
    http://www.financial15.com
    info@quadravest.com

    The MIL Network –

  • MIL-OSI: Income Financial Declares Monthly Distribution

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — Income Financial Trust (“Income Financial”) declares its monthly distribution of $0.06642 per unit. The distribution is payable November 8, 2024 to unit holders on record as at October 31, 2024. 

    Under the distribution policy announced on November 18, 2013, the monthly distribution is determined by applying a 10.00% annualized rate on the volume weighted average market price (VWAP) of Income Financial’s units over the last 3 trading days of the preceding month. As a result, holders of record on October 31, 2024 will receive a dividend of $0.06642 per unit based on the VWAP of $7.97 payable on November 8, 2024. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy. 

    Income Financial unitholders have received a total of $38.66 per unit in distributions since inception, inclusive of this distribution. 

    Income Financial invests in a portfolio of North American financial services companies including some of the strongest Canadian & U.S. banks, life insurance and investment firms. 

    Distribution Details  
       
    Trust Unit (INC.UN) $0.06642
       
    Record Date: October 31, 2024
       
    Payable Date: November 8, 2024
       

    Investor Relations: 1-877-478-2372
    Local: 416-304-4443
    http://www.quadravest.com 
    info@quadravest.com 

    The MIL Network –

  • MIL-OSI: FINANCIAL 15 SPLIT CORP. Monthly Dividend Declaration for Class A & Preferred Share

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — Financial 15 Split Corp. (“Financial 15”) declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.07708 for each Preferred share ($0.925 annually). Distributions are payable November 8, 2024 to shareholders on record as at October 31, 2024.

    Since inception Class A shareholders have received a total of $26.31 per share and Preferred shareholders have received a total of $11.97 per share inclusive of this distribution, for a combined total of $38.28.

    Financial 15 invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

    Distribution Details
       
    Class A Share (FTN) $0.12570
    Preferred Share (FTN.PR.A) $0.07708
    Record Date: October 31, 2024
    Payable Date: November 8, 2024
       

    Investor Relations: 1-877-478-2372
    Local: 416-304-4443
    http://www.financial15.com
    info@quadravest.com

    The MIL Network –

  • MIL-OSI: DIVIDEND 15 SPLIT CORP. II Monthly Dividend Declaration for Class A & Preferred Share

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. II (“Dividend 15 II”) declares its monthly distribution of $0.10000 for each Class A share and $0.04792 for each Preferred share. Distributions are payable November 8, 2024 to shareholders on record as at October 31, 2024.

    Since inception Class A shareholders have received a total of $15.30 per share and Preferred shareholders have received a total of $9.67 per share inclusive of this distribution, for a combined total of $24.97.

    Dividend 15 II invests in a high quality portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, CI Financial Corp., BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, TELUS Corporation, Thomson Reuters Corporation, TransAlta Corporation, TC Energy Corporation.

    Distribution Details
       
    Class A Share (DF) $0.10000
    Preferred Share (DF.PR.A) $0.04792
    Record Date: October 31, 2024
    Payable Date: November 8, 2024

    Investor Relations: 1-877-478-2372
    Local: 416-304-4443
    http://www.dividend15.com
    info@quadravest.com

    The MIL Network –

  • MIL-OSI: Canadian Banc Corp. Monthly Dividend Declaration for Class A & Preferred Share

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — Canadian Banc Corp. (The “Company”) declares its monthly distribution of $0.14238 for each Class A share and $0.06625 for each Preferred share. Distributions are payable November 8, 2024 to shareholders on record as at October 31, 2024.

    Under the distribution policy announced in November 2021, the monthly dividend payable on the Class A shares is determined by applying a 15% annualized rate on the volume weighted average market price (VWAP) of the Class A shares over the last 3 trading days of the preceding month. As a result, Class A shareholders of record on October 31, 2024 will receive a dividend of $0.14238 per share based on the VWAP of $11.39 payable on November 8, 2024. The yield will remain stable at 15.00% (based on the VWAP) under this distribution policy.

    Preferred shareholders will receive prime plus 1.50% with a minimum rate of 5.00% and a maximum rate of 8.00%. 

    Since inception Class A shareholders have received a total of $22.80 per share and Preferred shareholders have received a total of $10.77 per share inclusive of this distribution, for a combined total of $33.56. 

    The Company invests in a portfolio of six publicly traded Canadian Banks as follows: Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, Bank of Nova Scotia, Toronto-Dominion Bank. Shares held within the portfolio are expected to range between 5-20% in weight but may vary at any time. To generate additional returns above the dividend income earned on the PRESS RELEASE portfolio, The Company engages in a selective covered call writing program.

    Distribution Details  
       
    Class A Share (BK) $0.14238
       
    Preferred Share (BK.PR.A) $0.06625
       
    Record Date: October 31, 2024
       
    Payable Date: November 8, 2024
       

    Investor Relations:
    1-877-478-2372
    Local: 416-304-4443
    http://www.canadianbanc.com
    info@quadravest.com

    The MIL Network –

  • MIL-OSI: TDb Split Corp. Regular Monthly Dividend Declaration for Priority Equity Share

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — TDb Split Corp. (“TDb Split”) declares its regular monthly distribution of $0.04375 for each Priority Equity share ($0.525 annually). Distributions are payable November 8, 2024 to shareholders on record as at October 31, 2024.

    There will not be a distribution paid to the Class A Shares for October 31, 2024 as per the Prospectus which states no regular monthly dividends will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than $12.50.

    The composition of TDb Split’s investment portfolio currently meets the requirements of the Priority Equity Portfolio Protection Plan (as described in the Annual Information Form).

    Since inception, Class A shareholders have received a total of $7.90 per share and Priority Equity shareholders have received a total of $9.05 per share inclusive of this distribution, for a combined total of $16.95.

    TDb Split invests in common shares of Toronto-Dominion Bank, a leading Canadian Financial institution.

    Distribution Details  
       
    Priority Equity Share (XTD.PR.A) $0.04375
    Record Date: October 31, 2024
    Payable Date: November 8, 2024
       
       

    Investor Relations: 1-877-478-2372
    Local: 416-304-4443
    http://www.tdbsplit.com
    info@quadravest.com

    The MIL Network –

  • MIL-OSI: Commerce Split Monthly Dividend Declared for Class I and Class II Preferred Shares

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — New Commerce Split (The “Company”) declares its monthly distribution of $0.02500 per share ($0.30 annually), for Class I Preferred shareholders (YCM.PR.A), and $0.03125 per share ($0.375 annually) for Class II Preferred shareholders (YCM.PR.B). The Class I Preferred share dividends are paid at an annual rate of 6.00% based on the $5 repayment amount. Class II Preferred share dividends are paid at an annual rate of 7.50% based on their $5 repayment amount. Distributions are payable November 8, 2024 to shareholders on record as at October 31, 2024.

    The Company invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution.

    Distribution Details  
       
    Class I Preferred Share (YCM.PR.A) $0.02500
    Class II Preferred Share (YCM.PR.B) $0.03125
    Record Date: October 31, 2024
    Payable Date: November 8, 2024
       
       

    Investor Relations: 1-877-478-2372
    Local: 416-304-4443
    http://www.commercesplit.com
    info@quadravest.com

    The MIL Network –

  • MIL-OSI: DIVIDEND 15 SPLIT CORP. II Monthly Dividend Declaration for Class A & Preferred Share

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. II (“Dividend 15 II”) declares its monthly distribution of $0.10000 for each Class A share and $0.04792 for each Preferred share. Distributions are payable November 8, 2024 to shareholders on record as at October 31, 2024.

    Since inception Class A shareholders have received a total of $15.30 per share and Preferred shareholders have received a total of $9.67 per share inclusive of this distribution, for a combined total of $24.97.

    Dividend 15 II invests in a high quality portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, CI Financial Corp., BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, TELUS Corporation, Thomson Reuters Corporation, TransAlta Corporation, TC Energy Corporation.

    Distribution Details
       
    Class A Share (DF) $0.10000
    Preferred Share (DF.PR.A) $0.04792
    Record Date: October 31, 2024
    Payable Date: November 8, 2024

    Investor Relations: 1-877-478-2372
    Local: 416-304-4443
    http://www.dividend15.com
    info@quadravest.com

    The MIL Network –

  • MIL-OSI: Prospect Capital Corporation Provides First Lien Senior Secured Term and Convertible Loans to Support the Acquisition of Druid City Infusion by Inlet Road Capital Management

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 18, 2024 (GLOBE NEWSWIRE) — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) has provided first lien senior secured term and convertible loans to support the acquisition of Druid City Infusion, LLC (“Druid City”) by investment funds managed by Inlet Road Capital Management, LLC (“Inlet Road”) in partnership with Druid City’s founders and leadership team.

    Druid City is a leading ownership group within the Vital Care Infusion Services (“Vital Care”) franchise system, with Druid City operating nine territories across the South and Mountain West regions of the United States.  Vital Care is dedicated to providing high-quality, safe, convenient, and cost-effective infusion therapy services for both chronic and acute patients across its extensive national network. With over 160 infusion pharmacy locations in 35 states, Vital Care is a national home infusion platform.

    “Druid City is proud of its growth and the outstanding team we have built over the last 10 years,” said Druid City CEO and co-founder Ryan McFerrin. “Our unwavering commitment to patient care and delivering high level service to our referral partners will be enhanced as we begin this new chapter with Prospect and Inlet Road.”

    “We chose to team up with Prospect because of Prospect’s ability to create a comprehensive financing solution to meet the unique needs of our transaction and the business,” said Brian M. Harrison, Partner at Inlet Road. “Prospect’s collaborative approach and industry expertise make Prospect an ideal group for supporting Druid City’s expanding opportunities within the home infusion sector.”

    “The Prospect team was the right fit for our transaction, providing our founder partners with complementary industry experience and capital to support Druid City’s growth both organically and through the acquisition of new territories and possibly other franchisees,” said Robert L. Jenkins, Partner at Inlet Road.

    “Prospect is pleased to complete this important transaction with Inlet Road,” said Neil Zieses, Vice President at Prospect. “We look forward to continued strong performance at Druid City, a company with a compelling value proposition for delivering pharmacy services, and bedside and clinic-based infusion services.”

    About Prospect Capital Corporation

    Prospect is a business development company lending to and investing in private businesses. Prospect’s investment objective is to generate both current income and long-term capital appreciation through debt and equity investments.

    Prospect has elected to be treated as a business development company under the Investment Company Act of 1940. We have elected to be treated as a regulated investment company under the Internal Revenue Code of 1986.

    Caution Concerning Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, whose safe harbor for forward-looking statements does not apply to business development companies. Any such statements, other than statements of historical fact, are highly likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not under our control, and that we may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual developments and results are highly likely to vary materially from any forward-looking statements. Such statements speak only as of the time when made, and we undertake no obligation to update any such statement now or in the future.

    For further information, contact:
    Grier Eliasek, President and Chief Operating Officer
    grier@prospectcap.com
    Telephone (212) 448-0702

    The MIL Network –

  • MIL-OSI: Šiaulių bankas has acquired own shares

    Source: GlobeNewswire (MIL-OSI)

    On 10-18 October 2024 Šiaulių Bankas AB purchased own shares on the Tender Offer Market of Nasdaq Vilnius AB. Total number of shares acquired 6,000,000:

    • 4,254,886 shares, for reduction of the Bank capital;
    • 1,745,114 shares, for employees of Šiaulių Bankas group as part of the deferred variable remuneration.

    Total amount of share acquisition transactions: EUR 4,920,000.00.

    “We have created liquidity event for investors who wish to realize all or part of their shares. It is important to note that the final auction price was set higher than the market price, which means there are no shareholders wanting to sell a significant amount of shares who lack liquidity in the stock market.

    We will continue to strive to ensure high returns for our shareholders who believe in our long-term strategy. We plan to begin the second phase of the share buyback, during which we will purchase shares on the open market, in November, after announcing the third-quarter results of this year,” says Tomas Varenbergas, Head of Investment Management Division of Šiaulių Bankas.

    The acquired shares will transfer to the Bank’s ownership on the settlement date of the purchase auction, 21 October 2024.

    Additional information:
    Tomas Varenbergas
    Head of Investment Management Division
    tomas.varenbergas@sb.lt

    The MIL Network –

  • MIL-OSI: Sustain SoCal to Host 15th Annual Energy Event (‘AE15’) on October 24

    Source: GlobeNewswire (MIL-OSI)

    NEWPORT BEACH, Calif., Oct. 18, 2024 (GLOBE NEWSWIRE) — via InvestorWire — Sustain Southern California (“Sustain SoCal”), proudly announces today that it will host the 15th Annual Energy Event on Thursday, October 24, 2024. The acclaimed event will be held in person at The Cove at UCI Beall Applied Innovation 5270 California Avenue, Irvine, CA, United States.

    With over a decade-and-a-half of experience, Sustain SoCal is renowned for accelerating cleantech economic growth and sustainability initiatives through innovation, collaboration and education throughout Southern California and the surrounding region. The upcoming event is the latest in the highly-regarded Annual Energy series which focuses on exploring the status of decarbonization solutions across major pillars of the economy including industrial, commercial and governmental sectors.

    Drawing on their considerable experience and expertise, invited speakers, senior decision makers and industry veterans will share their unique perspectives on several pressing concerns such as engineering technology, incentive structures, policy tools, and the legislative ecosystem’s role in mainstreaming the decarbonization of energy supplies.  

    Speakers at Sustain SoCal events represent a cross-section of real world initiatives from local government and other public agencies, utilities, technology companies, large corporate adopters, hospitals, hotels, schools, seasoned investors, and non-profit agencies.

    To address the region’s sustainability goals, and highlight the challenges of the evolving energy-scape, discussions will encompass a wide spectrum of topics including electrification, hydrogen, Inflation Reduction Act, renewables, built environment, agriculture, grant incentives, investor trends, ESG and innovation policy. During these galvanizing conversations, attendees will experience world-class educational content and build a deeper understanding of pragmatic solutions that support sustainable decarbonization.

    While showcasing the latest advancements from local energy innovators, the event series has always focused on being a launchpad for exciting new partnerships and high-powered networking to drive sustainable economic development and progress towards wider sustainability goals.

    At the Innovation Showcase, senior company officials and pioneering developers will interact directly with attendees to explore and discuss the latest technology developments and breakthroughs.

    Scott Kitcher, President, and CEO of Sustain SoCal, said, “Global energy networks are central to modern civilization and our economic model. However, rigorous scientific research and advanced environmental surveys have conclusively shown that the energy-scape is precariously positioned due to the weight of our legacy systems. The combination of lasting environmental damage, accelerating climate change effects, power shortages and frequent disruptions, changing demographic profiles, and geopolitical challenges that impact economic prospects via growth trajectories and inflation, has necessitated a rapid transition in humanity’s relationship with energy. The most urgent concern is to accelerate decarbonization to stave off the potential for cataclysmic effects in the decades to come. We, at Sustain SoCal, are proud to have supported local innovators, energy thinkers and policy pioneers in their quest to usher in an age of responsible energy systems, and in building a new and robust ecosystem in Southern California and beyond. Our October conference is a must-attend event for anyone interested in the lasting, sustainable prosperity of our communities, and shall also offer an eye-opening experience into state-of-the-art technologies and revolutionary policy initiatives.”   

    BioLargo, Inc., and Caltrol, Inc., are Platinum Sponsors for this event.

    The Orange County Power Authority (OCPA) is a Gold Sponsor.

    For registration details, or for information on speaking and sponsorship opportunities, visit:
    https://sustainsocal.org/event/15th-annual-energy-event/

    About Sustain SoCal:
    Sustain SoCal, a non-profit organization, accelerates sustainability and economic growth through innovation, collaboration, and education in Southern California. The organization has a ten-year history in exploring and implementing pragmatic, real-world solutions to the challenges created by growth, change and inefficiency. It conducts conferences, workshops and networking events that lead to initiatives that positively impact our region’s economic progress and sustainability. For more information, please visit http://www.sustainsocal.org.

    About IBN

    IBN is a cutting-edge communications and digital engagement platform providing tailored Platform Solutions for select private and public companies. Over the course of 18+ years, IBN has introduced over 65+ investor facing brands to the investment public and amassed a collective audience of millions of social media followers. These distinctive investor brands amplify recognition and reach as well as help fulfill the unique needs of our rapidly growing and diverse base of client-partners. IBN will continue to expand our branded network of influential properties as well as leverage the energy and experience of our team of professionals to best serve our clients.

    IBN’s Platform Solutions provide access to: (1) our Dynamic Brand Portfolio (DBP) through 65+ investor facing brands; (2) article and editorial syndication to 5,000+ news outlets; (3) full-scale distribution to a growing social media audience; (4) a network of wire solutions via InvestorWire to effectively reach target markets and demographics; (5) Press Release Enhancement to ensure accuracy and impact; (6) a full array of corporate communications solutions; and (7) total news coverage solutions.

    For more information, please visit https://www.InvestorBrandNetwork.com

    Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer.

    Corporate Communications

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

    The MIL Network –

  • MIL-OSI Security: Dandridge Man Sentenced to Life in Prison for Sexual Exploitation of a Child, Production of Child Pornography, and Possession of Child Pornography

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

    KNOXVILLE, Tenn. – On October 16, 2024, Glenn Fred Glatz, 68, currently of Dandridge, Tennessee, was sentenced to life in prison by the Honorable Thomas A. Varlan, United States District Judge, in the United States District Court for the Eastern District of Tennessee at Knoxville.  

    On July 28, 2023, a federal jury found Glatz guilty of four counts of production of child pornography in violation of 18 U.S.C. § 2251(a) and (e); one count of receiving child pornography in violation of 18 U.S.C. § 2252A(a)(2)(A); three counts of transferring obscene matter to a minor under 16 years of age in violation of 18 U.S.C. § 1470; and one count of possession of child pornography in violation of 18 U.S.C. § 2252A(a)(5)(B).

    According to court filed documents, this is the third conviction of Glatz for sexual crimes against children.  The evidence presented at trial showed that Glatz used DeviantArt.com, a social media platform, to befriend young girls which he then groomed and sexually exploited.  Witnesses testified that Glatz was on the sex offender registry for prior convictions involving the molestation of a young girl.  The evidence further demonstrated that he enticed at least two girls, ages 13 and 14, to produce live sexually explicit videos and images of themselves for Glatz to view over social media.  Additionally, Glatz sent the victims nude images to other young females in hopes of enticing other minors to send him sexual images of themselves.

    U.S. Attorney Francis M. Hamilton, III of the Eastern District of Tennessee; and Special Agent in Charge Joseph E. Carrico of the Federal Bureau of Investigation made the announcement. 

    The criminal indictment was the result of an investigation by the Federal Bureau of Investigation.  This investigation was led by FBI Special Agent Bianca L. Pearson.

    Assistant United States Attorneys Jennifer Kolman and Suzanne H. Sullivan represented the United States at trial.

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

    For more information about internet safety education, please visit http://www.justice.gov/psc/resources.html and click on the tab “resources.”

                                                                                                                    ###

    MIL Security OSI –

  • MIL-OSI Security: Ohio Man Sentenced to 15 Years in Federal Prison on Child Sexual Exploitation Charge

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

    NASHVILLE – Barron M. Poole, 50, of Ripley, Ohio, was sentenced today to 15 years in federal prison after having pled guilty to attempted sexual exploitation of a minor, announced Thomas J. Jaworski, Acting United States Attorney for the Middle District of Tennessee.

    According to court documents, on February 2, 2023, a user with the profile of “Barron read bio,” who was later identified as Barron M. Poole, contacted an FBI online covert employee (“OCE”) on an online dating application that is frequented by minors and those who seek to exploit them.  The OCE was conducting an online covert investigation utilizing a profile of an 18-year-old female, which contained a photo of a female’s face. Above the photo was a status block, which contained the text, “hi im really 13.” Poole messaged and texted with the OCE, who he believed to be a 13-year-old girl, asked her to send him nude photographs, sent her photos of nude adult females in the poses he wanted the OCE to recreate, and sent her photographs of his penis and abdomen which had distinctive tattoos. The communications continued for a week. When he was arrested at his home in Ohio, Poole admitted to using the online dating application, and admitted that “Barron read bio” was his profile with his photograph.

    After serving his sentence, Poole will be on supervised release for 5 years.

    This case was investigated by the Federal Bureau of Investigation, Clarksville Resident Agency, Nashville Field Office, and assisted by the FBI’s Cincinnati Field Office. Assistant U.S. Attorney Monica R. Morrison prosecuted the case.

    # # # # #

    MIL Security OSI –

  • MIL-OSI Security: Press Release by U.S. Attorney Relating to November 2024 General Election

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

    KNOXVILLE, Tenn. – The United States Attorney’s Office announced today that Assistant United States Attorney (AUSA) Mac D. Heavener, III will lead the efforts of the Office in connection with the Justice Department’s nationwide Election Day Program for the upcoming November 5, 2024, election. AUSA Heavener has been appointed to serve as the District Election Officer (DEO) for the Eastern District of Tennessee, and in that capacity is responsible for overseeing the Office’s handling of election day complaints of voting rights concerns, threats of violence to election officials or staff, and election fraud, in consultation with Justice Department Headquarters in Washington.

    The Department of Justice has an important role in deterring and combatting discrimination and intimidation at the polls, threats of violence directed at election officials and poll workers, and election fraud.  The Department will address these violations wherever they occur. The Department’s longstanding Election Day Program furthers these goals and also seeks to ensure public confidence in the electoral process by providing local points of contact within the Department for the public to report possible federal election law violations.

    Federal law protects against such crimes as threatening violence against election officials or staff, intimidating or bribing voters, buying and selling votes, impersonating voters, altering vote tallies, stuffing ballot boxes, and marking ballots for voters against their wishes or without their input.  It also contains special protections for the rights of voters, and provides that they can vote free from interference, including intimidation, and other acts designed to prevent or discourage people from voting or voting for the candidate of their choice.  The Voting Rights Act protects the right of voters to mark their own ballot or to be assisted by a person of their choice (where voters need assistance because of disability or inability to read or write in English).   

    In addition, the FBI will have special agents available in each field office and resident agency throughout the country to receive allegations of election fraud and other election abuses on election day.  The local FBI field office can be reached by the public at (865) 544-0751.

    “Every citizen must be able to vote without interference or discrimination and to have that vote counted in a fair and free election,” said United States Attorney Francis M. Hamilton III.  “Similarly, election officials and staff must be able to serve without being subject to unlawful threats of violence.  The Department of Justice will always work tirelessly to protect the integrity of the election process.  AUSA/DEO Mac Heavener will be on duty in this District while the polls are open.  He can be reached by the public at the following telephone numbers: (423) 823-5009 or (423) 218-6652.”

    Please note, however, in the case of a crime of violence or intimidation, please call 911 immediately and before contacting federal authorities.  State and local police have primary jurisdiction over polling places, and almost always have faster reaction capacity in an emergency.

                                                                                                                     ###

    MIL Security OSI –

  • MIL-OSI: Prime Dividend Corp. Monthly Dividend Declaration for Class A & Preferred Share

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — Prime Dividend Corp. (The “Company”) declares its monthly distribution of $0.05992 for each Class A share and $0.06667 for each Preferred share. Distributions are payable November 8, 2024 to shareholders on record as at October 31, 2024.

    Under the distribution policy announced on July 17, 2014, the monthly dividend payable on the Class A shares is determined by applying a 10.00% annualized rate on the volume weighted average market price (VWAP) of the Class A shares over the last 5 trading days of the preceding month. As a result, Class A shareholders of record on October 31, 2024 will receive a dividend of $0.05992 per share based on the VWAP of $7.19 payable on November 8, 2024. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy.

    Preferred shareholders will receive prime plus 2.35% with a minimum rate of 5.00% and a maximum rate of 8.00%.

    Since inception Class A shareholders have received a total of $13.83 per share and Preferred shareholders have received a total of $10.76 per share inclusive of this distribution, for a combined total of $24.59.

    The Company invests in a portfolio of high yielding Canadian Companies as follows:

    Banks Investment Management Life Insurance Utilities & Other
    Bank of Montreal AGF Management Ltd. Great-West Lifeco Inc. BCE Inc.
    Bank of Nova Scotia CI Financial Corp. Manulife Financial Corporation TransAlta Corp.
    CIBC IGM Financial Inc. Sun Life Financial Inc. TC Energy Corp.
    National Bank of Canada     Power Financial Corp.
    Royal Bank of Canada     TMX Group Inc.
    Toronto-Dominion Bank      
     
    Distribution Details  
       
    Class A Share (PDV) $0.05992
    Preferred Share (PDV.PR.A) $0.06667
    Record Date: October 31, 2024
    Payable Date: November 8, 2024
     

    The MIL Network –

  • MIL-OSI: Prime Dividend Corp. Monthly Dividend Declaration for Class A & Preferred Share

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — Prime Dividend Corp. (The “Company”) declares its monthly distribution of $0.05992 for each Class A share and $0.06667 for each Preferred share. Distributions are payable November 8, 2024 to shareholders on record as at October 31, 2024.

    Under the distribution policy announced on July 17, 2014, the monthly dividend payable on the Class A shares is determined by applying a 10.00% annualized rate on the volume weighted average market price (VWAP) of the Class A shares over the last 5 trading days of the preceding month. As a result, Class A shareholders of record on October 31, 2024 will receive a dividend of $0.05992 per share based on the VWAP of $7.19 payable on November 8, 2024. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy.

    Preferred shareholders will receive prime plus 2.35% with a minimum rate of 5.00% and a maximum rate of 8.00%.

    Since inception Class A shareholders have received a total of $13.83 per share and Preferred shareholders have received a total of $10.76 per share inclusive of this distribution, for a combined total of $24.59.

    The Company invests in a portfolio of high yielding Canadian Companies as follows:

    Banks Investment Management Life Insurance Utilities & Other
    Bank of Montreal AGF Management Ltd. Great-West Lifeco Inc. BCE Inc.
    Bank of Nova Scotia CI Financial Corp. Manulife Financial Corporation TransAlta Corp.
    CIBC IGM Financial Inc. Sun Life Financial Inc. TC Energy Corp.
    National Bank of Canada     Power Financial Corp.
    Royal Bank of Canada     TMX Group Inc.
    Toronto-Dominion Bank      
     
    Distribution Details  
       
    Class A Share (PDV) $0.05992
    Preferred Share (PDV.PR.A) $0.06667
    Record Date: October 31, 2024
    Payable Date: November 8, 2024
     

    The MIL Network –

  • MIL-OSI: Dividend Select 15 Corp. Declares Monthly Dividend

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — Dividend Select 15 Corp. (The “Company”) declares its monthly distribution of $0.05442 per Equity share. The distribution is payable November 8, 2024 to shareholders on record as of October 31, 2024.

    Under the distribution policy announced in September 2014, the monthly dividend payable on the Equity shares is determined by applying a 10.00% annualized rate on the volume weighted average market price (VWAP) of the Equity shares over the last 3 trading days of the preceding month. As a result, Equity shareholders of record on October 31, 2024 will receive a dividend of $0.05442 per share based on the VWAP of $6.53 payable on November 8, 2024. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy.

    Since inception, Equity shareholders have received a total of $10.65 per share inclusive of this distribution.

    The Company invests in a portfolio of 15 Canadian companies selected from the following 20 company universe which are among the highest Canadian dividend yielding stocks.

    Bank of Montreal Great West Lifeco Inc. TELUS Corporation
    BCE Inc.  Loblaw Companies Limited The Bank of Nova Scotia
    CIBC  National Bank of Canada The Toronto-Dominion Bank
    CI Financial Corp.  Ovintiv Inc. Thomson Reuters Corporation 
    Cenovus Energy Inc. Power Corporation of Canada TMX Group Inc.
    Enbridge Inc.  Royal Bank of Canada TransAlta Corporation
      Sun Life Financial Inc. TC Energy Corporation
    Distribution Details 
       
    Equity Share (DS) $0.05442 
    Record Date: October 31, 2024
    Payable Date: November 8, 2024
       

    Investor Relations: 1-877-478-2372        
    Local: 416-304-4443        
    dividendselect15.com        
    info@quadravest.com

    The MIL Network –

  • MIL-OSI: Veeco Announces Date for Third Quarter Financial Results and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    PLAINVIEW, N.Y., Oct. 18, 2024 (GLOBE NEWSWIRE) — Veeco Instruments Inc. (NASDAQ: VECO) plans to release its third quarter 2024 financial results after the market closes on Wednesday, November 6, 2024. The company will host a conference call to review these results starting at 5:00 PM ET that day.

    To join the call, dial 1-877-407-8029 (toll free) or 1-201-689-8029. Participants may also access a live webcast of the call by visiting the investor relations section of Veeco’s website at ir.veeco.com. A replay of the webcast will be made available on the Veeco website beginning at 8:00 PM ET that same evening.

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

    To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management’s Discussion and Analysis sections of Veeco’s Annual Report on Form 10-K for the year ended December 31, 2023 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.

    Veeco Contacts:
    Investors: Anthony Pappone | (516) 500-8798 | apappone@veeco.com
    Media: Brenden Wright | (516) 714-1202 | bwright@veeco.com

    The MIL Network –

  • MIL-OSI: Remitly to Report Third Quarter Financial Results on Wednesday, October 30, 2024

    Source: GlobeNewswire (MIL-OSI)

    SEATTLE, Oct. 18, 2024 (GLOBE NEWSWIRE) — Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that it will report third quarter 2024 financial results after the market close on Wednesday, October 30, 2024. Management will host a conference call and live webcast to present the Company’s financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time that same evening. Conference call and webcast information can be found below.

    Remitly Third Quarter 2024 Financial Results Conference Call and Webcast Information:
    When: Wednesday, October 30th, 2024
    Time: 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time

    Toll-Free Dial-in: To access the call, please use the following link: Remitly 3Q 2024 Earnings Call. After registering, an email will be sent, including dial-in details and a unique conference call access code required to join the live call. To ensure you are connected prior to the beginning of the call, the Company suggests registering a minimum of 10 minutes before the start of the call.

    Live Webcast and Replay: A live webcast and replay of the call will be accessible from the Investor Relations section of the Company’s website at https://ir.remitly.com/. For those not planning to ask a question of management, the Company recommends listening via the webcast.

    About Remitly
    Remitly is a trusted provider of digital financial services that transcend borders. With a global footprint spanning more than 170 countries, Remitly’s digitally native, cross-border payments app delights customers with a fast, reliable, and transparent money movement experience. Building on its strong foundation, Remitly is expanding its suite of products to further its vision and transform lives around the world.

    Investor Relations Contact:

    Stephen Shulstein
    Vice President of Investor Relations
    stephens@remitly.com

    Media Contact:

    Kendall Sadler
    Director of Communications
    kendall@remitly.com
    SOURCE Remitly Global, Inc.

    The MIL Network –

  • MIL-OSI: M Split Corp. Monthly Dividend Declared for Class I Preferred Shares

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — M Split Corp. (“M Split”) declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders. The Class I Preferred share dividends are paid at an annual rate of 7.50% based on the $5 notional issue price. Distributions are payable November 8, 2024 to shareholders on record as at October 31, 2024.

    M Split invests in common shares of Manulife Financial Corporation, the largest life insurer in Canada offering financial products and wealth management services.

    Distribution Details  
       
    Class I Preferred Share (XMF.PR.B) $0.03125
    Record Date: October 31, 2024
    Payable Date: November 8, 2024
       
       

    Investor Relations: 1-877-478-2372
    Local: 416-304-4443
    http://www.m-split.com
    info@quadravest.com

    The MIL Network –

  • MIL-OSI: US Financial 15 Split Corp. Preferred Dividend Declared

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — US Financial 15 Split Corp (“US Financial 15”) declares its monthly distribution of $0.05883 for each Preferred share, or 10.00% annually based on the previous month end net asset value. Distributions are payable November 8, 2024 to shareholders on record as at October 31, 2024.

    US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services Group Inc., Regions Financial Corp., State Street Corp., SunTrust Banks, U.S. Bancorp, and Wells Fargo.

    Distribution Details  
       
    Preferred Share (FTU.PR.B) $0.05883
    Record Date: October 31, 2024
    Payable Date: November 8, 2024
       

    Investor Relations: 1-877-478-2372
    Local: 416-304-4443
    http://www.financial15.com
    info@quadravest.com

    The MIL Network –

  • MIL-OSI: Rate Increase of 7.7% and Monthly Distribution Declared for Quadravest Preferred Split Share ETF

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — Quadravest Capital Management Inc. (the “Manager”) is pleased to announce a 7.7% increase in the monthly distribution for the Quadravest Preferred Split Share ETF (“Preferred ETF”) from $0.65 to $0.70 per annum and declares a monthly distribution as follows:

      Amount Per Unit: $0.05833 CAD
      Record Date:  October 31, 2024
      Payment Date: November 8, 2024

    The increase in distribution is the result of increasing distributions received from portfolio holdings due to resetting, and the strong capital appreciation within the portfolio.

    The investment objectives of Preferred ETF are to provide unitholders with: (a) monthly distributions and (b) the opportunity for capital preservation, primarily through a portfolio of preferred shares of split share corporations.

    Preferred ETF will seek to achieve its investment objectives by investing in an actively managed portfolio of split corp. preferred shares offered by Canadian split share corporations listed on a Canadian exchange. The Preferred ETF may also invest in preferred shares of other issuers, exchange-traded funds, other investment funds, equities or income-generating securities, and securities that are convertible into any of the above noted securities provided such investments are consistent with the Preferred ETF’s investment objectives.

    Monthly distributions are targeted and will be set at the Manager’s sole discretion and may be changed or vary in subsequent periods, as announced by the Manager. If the total return on the portfolio of the Preferred ETF is less than the amount necessary to fund the monthly distributions and all expenses of the Preferred ETF, this will result in a portion of the distributions paid to unitholders being a return of the capital to unitholders and a decrease in NAV per unit.

    The Manager has assigned Preferred ETF a risk rating of “low”.

    For further details, please refer to Preferred ETF’s Facts document available on http://www.sedarplus.com or on Preferred ETF’s home page at http://www.quadravest.com.

    Founded in 1997, the Manager has a successful track record of creating and managing investment products with approximately $5 billion in assets under management, and proudly manages a portfolio of 13 publicly traded investment products including split share corporations and an investment trust.

    Commissions, management fees and expenses all may be associated with exchange-traded fund investments. Please read the prospectus before investing. Exchange-traded funds are not guaranteed, their values change frequently and past performance may not be repeated. Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this press release and to other matters identified in public filings relating to the fund, to the future outlook of the fund and anticipated events or results and may include statements regarding the future financial performance of the fund. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.

    The MIL Network –

  • MIL-OSI USA: Capito Announces IIJA Funding for FirstEnergy Grid Upgrades, Apprenticeship Program in West Virginia

    US Senate News:

    Source: United States Senator for West Virginia Shelley Moore Capito

    CHARLESTON, W.Va. – Today, U.S. Senator Shelley Moore Capito (R-W.Va.), Ranking Member of the Senate Environment and Public Works (EPW) Committee and a member of the Senate Appropriations Committee, announced $50,000,000 for FirstEnergy through the U.S. Department of Energy (DOE), made available through the Infrastructure Investment and Jobs Act’s (IIJA) Grid Resilience and Innovation Partnerships (GRIP) Program.

    This project will support grid and transmission upgrades across West Virginia benefitting more than 50,000 customers and 450 critical facilities like schools and hospitals. Additionally, this project includes the creation of a new, four-year apprenticeship program with a training center in Fairmont, W.Va. Ranking Member Capito authored a letter in support of FirstEnergy’s application for this funding in March of this year.

    “West Virginians deserve reliable access to electricity that keeps their lights on and homes warm. Initiatives like this strengthen the reliability of our grid and prevent our residents from experiencing costly interruptions that impact their lives and safety. Additionally, this project will simultaneously invest in economic development and the next generation of our workforce through the creation of an apprenticeship program based in Fairmont. This is the kind of difference I knew the IIJA could make as I helped craft the legislation, and we must continue to strengthen grid reliability and baseload power generation in our country moving forward,” Ranking Member Capito said. 

    MIL OSI USA News –

  • MIL-OSI Security: Evansville Felon Sentenced to Seven Years in Federal Prison for 3D Printing Ghost Gun and Dozens of “Glock Switches”

    Source: Office of United States Attorneys

    EVANSVILLE- Marquel D. Payne, 39, of Evansville, has been sentenced to seven years in federal prison, followed by three years of supervised release, after pleading guilty to possession of a firearm as a convicted felon and possession of a machinegun.

    According to court documents, on January 31, 2024, Evansville Police Department officers observed Payne in possession of a 3D printer while conducting surveillance near his residence. Investigators had received information that Payne was manufacturing machine gun parts using a 3D printer before the surveillance began.

    Investigators obtained search warrants for Payne’s residence and other locations he controlled. During the searches, investigators found approximately 60 plastic machine gun conversion devices, a 9mm personally made handgun, also known as a “ghost gun” due to its lack of any traceable serial numbering, an AR-15 rifle, a 3D printer, plastic printing filament, a 3D printed firearm silencer, and 9mm caliber ammunition.

    Machinegun conversion devices sometimes called “Glock switches” or “auto-sears” are devices that convert ordinary semiautomatic firearms into fully automatic machineguns. Machinegun conversion devices are themselves considered machineguns under federal law, even when not installed, and are illegal for individuals to produce, possess, or sell. The hand grip of the 9mm ghost gun was produced by Payne using a 3D printer. Other parts of the ghost gun were produced in Pennsylvania.

    At the time of his arrest, Payne had been previously convicted of numerous felonies, including escape, carrying a handgun without a license, and criminal recklessness while armed with a deadly weapon. These prior felony convictions prohibit Payne from ever again legally possessing a firearm.

    “Getting illegal machinegun conversion devices off our streets is a critical public safety priority. Fully automatic weapons and untraceable ‘ghost guns’ pose a serious danger to our communities, especially when they are in the hands of people who have no lawful business possessing any firearm,” said Zachary A. Myers, U.S. Attorney for the Southern District of Indiana. “This prosecution is the result of quick and impactful investigative work by our outstanding partners at the Evansville-Vanderburgh Crime Gun Intelligence Center. Together we are committed to saving lives and reducing gun violence by combining intelligence and resources to investigate and prosecute dangerous offenders.”

    “Unfortunately, these deadly conversion devices continue to show up in our communities,” stated Daryl S. McCormick, Special Agent in Charge of ATF’s Columbus Field Division. “U.S. law has long recognized that automatic weapons pose a special risk to public safety, both through the sheer volume of bullets fired and the likelihood that innocent bystanders will be injured or killed. Combine that with an untraceable firearm and an unregistered silencer in the hands of a convicted felon, and it is clear that this individual is solely interested in feeding violence in southern Indiana. ATF will continue to work with our law enforcement partners to hold accountable those who use and distribute machine gun conversion devices.”

    “My office applied for and was awarded a $700,000 federal grant to form the crime gun intelligence center where our mission is clear: to work with our state and federal partners to combat the rising crime in Vanderburgh County. We are now seeing the fruits of our labor,” said Prosecutor Diana Moers. “My office and our state and federal partners will stop at nothing to identify and prosecute any who seek to commit violent crimes in our community – this case is a result of teamwork and, with our agencies working together, we expect more cases like this: we are ahead of criminal activity and not simply reacting. Anyone planning to break the law in Vanderburgh County should swiftly reconsider.”

    The Bureau of Alcohol, Tobacco, Firearms and Explosives, the Evansville Crime Gun Intelligence Center (CGIC), the Evansville Police Department, and Vanderburgh County Sheriff’s Office investigated this case. The sentence was imposed by U.S. District Judge Richard L. Young.

    U.S. Attorney Myers thanked Assistant United States Attorney Todd S. Shellenbarger, who prosecuted this case.

    In October 2023, the Vanderburgh County Prosecutor’s Office, Sheriff’s Office, and Evansville Police Department secured a nearly $700,000 federal grant to establish a Crime Gun Intelligence Center. The goal of the Evansville-Vanderburgh Crime Gun Intelligence Center is to quickly identify and reduce the amount of gun crime in the Evansville-Vanderburgh County area by providing intelligence, analysis, and resources between agencies for the swift identification and apprehension of suspected armed criminals.

    The Department of Justice’s National Ghost Gun Initiative was launched in February 2022 in response to the proliferation of ghost guns in our communities, and the growing number of criminals who unlawfully use or possess these untraceable weapons. The Attorney General directed U.S. Attorney’s Offices to train a national cadre of prosecutors as experts to lead investigations and prosecutions of crimes involving ghost guns. These ghost gun coordinators will also share investigation and prosecution tools with other prosecutors and law enforcement officers. As part of the initiative, the U.S. Attorney’s Office for the Southern District of Indiana will focus its investigation and prosecution resources on combatting the illegal possession and use of ghost guns.

    ###

    MIL Security OSI –

  • MIL-OSI Security: Providence Man Charged in Alleged Scheme to Obtain Veterans’ Health Care Benefits

    Source: Office of United States Attorneys

    PROVIDENCE, RI – A U.S. Army veteran, who allegedly made false claims of combat injuries in order to obtain veterans’ health care benefits that he was not entitled to receive, has been charged by way of a federal criminal complaint with making false statements relating to health care matters and making false statements to agents, announced United States Attorney Zachary A. Cunha.

    It is alleged in court documents that Nicholas Ash, 38, of Providence, fraudulently claimed to a Providence Veterans Affairs Medical Center doctor that he was suffering from Post-Traumatic Stress Disorder as the result of a combat deployment to Iraq/Middle East where, he claimed, he experienced a blast from an Improvised Explosive Device (IED). Ash claimed that the IED blast caused him to suffer from seizures.

    As alleged in court documents, Defense Department records reflect that Ash served in the U.S. Army from July 2005 to September 2007. Following completion of basic training in Oklahoma, Ash was assigned to Schofield Barracks in Hawaii, where he served as a motor transport operator. While stationed in Hawaii, for an unrelated medical matter Ash was hospitalized and placed on non-deployable status, having been deemed not medically fit to deploy on any military operation. Defense Department records show no indication that Ash was ever deployed anywhere outside of the United States.

    When initially confronted with these facts by the VA doctor, and when interviewed later by a federal agent, Ash is alleged to have claimed to have been injured after he was discharged from the Army, as the result of an IED blast he experienced while employed overseas as a private military contractor.

    Court records reflect that investigators could find no record Ash ever worked for the private contractor.

    In support of his claim that he was injured in the Middle East and that he experienced an IED blast, Ash allegedly presented the physician with a letter written by a veteran who served in the Middle East, and claimed to know of Ash’s tour of duty in Iraq. The individual, an Army veteran, later told an investigator that he did not meet Ash until 2015 or 2017, and that he wrote the letter at Ash’s request.

    Ash made an initial appearance before a U.S. Magistrate on Thursday and was released on unsecured bond. A federal criminal complaint is merely an accusation. A defendant is presumed innocent unless and until proven guilty.

    The case is being prosecuted by Assistant United States Attorney Ronald R. Gendron.

    The matter was investigated by the U.S. Department of Veterans Affairs, Office of Inspector General.

    United States Attorney Cunha thanks the Department of Defense, Office of Inspector General, Defense Criminal Investigative Services and the U.S. Department of Veterans Affairs Police Service for their assistance in the investigation of this matter.

    ###

    MIL Security OSI –

  • MIL-OSI Security: U.S. Marshals Focus on Violent Fugitives During Operation Nazare Wave

    Source: United States Attorneys General

    The U.S. Marshals Service (USMS) announced the results of Operation Nazare Wave, which focused on violent crime in Washington, D.C., and the National Capital Region. This operation was spearheaded by the USMS’ Capital Area Regional Fugitive Task Force (CARFTF) between April and September and resulted in the arrest of 826 fugitives (63 for homicide); recovery and seizure of 54 firearms; and seizure of 6.4 kg of narcotics and $1,115,365 in U.S. currency.

    “This successful operation reflects the collaborative approach the Justice Department has taken to turn the tide against violent crime,” said Attorney General Merrick B. Garland. “From April to September, the U.S. Marshals Service brought together more than 30 law enforcement agencies spanning the Washington, D.C. area to arrest 826 fugitives and seize significant quantities of firearms and narcotics. I am deeply grateful to every Deputy U.S. Marshal and law enforcement partner who took part in this operation.”

    “I wish to thank all of the Deputies, Task Force Officers, and participating agencies for their steadfast commitment and tremendous work,” said USMS Director Ronald L. Davis. “This operation coincided with Operation North Star FY2024 in 10 other metropolitan areas which demonstrates the commitment of the United States Marshals Service and the Department of Justice to work with local law-enforcement and communities to reduce violent crime.”

    Operation Nazare Wave focused on reducing violent crime in the NCR but resulted in arrests crossing 19 different districts across the United States and internationally. While some fugitives wanted in the District of Columbia, Maryland, and Virginia (DMV) fled to other districts, in other instances fugitives wanted outside the DMV traveled into the DMV and were apprehended.

    Significant arrests include:

    • On July 31, based on information developed by CARFTF, the New York/New Jersey Regional Fugitive Task Force and Prince Georges County police assisted a special branch of the Guyana police in locating Rakeem Gilgeours, who fled the country following a July 4 shooting that resulted in the death of a 6-year-old boy and injuries to other community members who had gathered to celebrate the holiday at a Temple Hills, Maryland, park. CARFTF arrested Gilgeours in Miami after Guyana deported him.
    • On June 1, Emmanuel Sewell was arrested in Putnam County, West Virginia, by the Southern District of West Virginia Violent Offender Task Force, in collaboration with CARFTF. Sewell, a registered sex offender, was wanted in Montgomery County, Maryland, in connection with the May 31 death of Maryland Parole and Probation Officer David Martinez in his Chevy Chase home. Martinez was Sewell’s probation officer.
    • On April 29, CARFTF arrested a 16-year-old juvenile in Suitland, Maryland, for aggravated assault with a gun and attempted murder following an April 19 shooting at a Greenbelt park where a large group of youth had gathered for a senior skip day. A search warrant executed at the suspect’s mother’s house, where he’d been staying, yielded $246,780 in currency, 40.5 grams of crack cocaine, and two handguns.

    Agencies participating in Operation Nazare Wave include: Metropolitan Police Department of the District of Columbia; U.S. Attorney’s Office for the District of Columbia; Metro Transit Police Department; Bureau of Alcohol, Tobacco, Firearms and Explosives; Homeland Security Investigations; Immigrations and Customs Enforcement; Diplomatic Security Service; Court Services and Offender Supervision Agency; Naval Criminal Investigative Service; U.S. Postal Inspection Service; D.C. Department of Corrections; Bowie Police Department; Prince George’s County Sheriff’s Office; Bladensburg Police Department; Prince George’s County Police Department; Montgomery County Police Department; Montgomery County Sheriff’s Office; Maryland State Police; Charles County Sheriff’s Office; Hyattsville Police Department; Maryland Department of Public Safety; Howard County Police Department; Forest Heights Police Department; Fairfax County Police Department; City of Fairfax Police Department; Prince William County Police Department; Alexandria Police Department; Loudoun County Sheriff’s Office; Stafford County Sheriff’s Office; Virginia State Police; and City of Dumfries Police Department.

    MIL Security OSI –

  • MIL-OSI USA: CONGRESSMAN PAT RYAN AND DUTCHESS COUNTY DISTRICT ATTORNEY ANTHONY PARISI BOLSTER PUBLIC SAFETY IN DUTCHESS COUNTY, SECURE OVER $3 MILLION IN FEDERAL INVESTMENTS

    Source: United States House of Representatives – Congressman Pat Ryan (New York 18th)

    Congressman Pat Ryan and Dutchess County District Attorney Anthony Parisi Bolster Public Safety in Dutchess County, Secure Over $3 Million in Federal Investments

    Ryan joined with Dutchess County District Attorney Anthony Parisi, Dutchess County Sheriff Kirk Imperati, Dutchess County Executive Sue Serino, and local leaders to announce over $3 million in federal funding for public safety in Dutchess County

    Funding will crack down on hate crimes, protect domestic violence and sexual assault survivors and prosecute perpetrators, and boost capacity for DNA testing of evidence

    POUGHKEEPSIE, NY  –  Today, Congressman Pat Ryan joined with Dutchess County District Attorney Anthony Parisi, Dutchess County Sheriff Kirk Imperati, and Dutchess County Executive Sue Serino to announce that they have secured $3,023,688 in federal funding to bolster public safety and criminal justice initiatives across Dutchess County. This is in addition to the $2,386,00 in federal Community Project Funding for Fiscal Year 2025 Congressman Ryan is fighting to secure for Dutchess County to create a state-of-the-art Analysis and Real Time Crime Intelligence Center and develop a consolidated two-way public safety radio system.

    “Our local law enforcement officers are true public servants – grounded in the mission of keeping our neighbors safe around the clock. Their work isn’t partisan, and neither is our work in supporting them with the resources they need” said Congressman Pat Ryan. “I’m proud that only two months after we joined here in August to announce our shared vision for safer communities in Dutchess County, we’re here again to announce over $3 million in additional funding to keep criminals off the streets, to safeguard our communities from hate-fueled crimes, and to protect survivors of domestic violence and ensure they receive justice when their perpetrators are prosecuted. This wouldn’t be possible without trusted partners like District Attorney Parisi, Sheriff Imperati, and County Executive Serino – I’ll keep fighting for the federal funding to make Dutchess County a safe and thriving home for us all.”

    “This funding represents a significant investment in our community’s safety and well-being,” said District Attorney Anthony Parisi. “I have been committed to these critical issues since my campaign for District Attorney, and after taking office, my team and I actively sought solutions to tackle them head-on.  Part of that was to seek financial assistance from the Department of Justice grant program.  We are thankful to Congressman Ryan, Senator Gillibrand and all our partners in law enforcement and the community that supported my office’s efforts. My administration is dedicated to ensuring justice and promoting safety within our community through proactive measures and community collaboration, striving to address the challenges of domestic violence, sexual assault, hate crimes, and wrongful convictions.”

    Dutchess County Executive Sue Serino said, “Public safety is at the heart of everything we do as a County government, and these new grants show a clear and significant investment in the safety and well-being of our community. The grant funds awarded to the District Attorney’s Office are not just about prevention and prosecution but ensuring that victims and survivors are supported throughout their journey towards justice and healing. I commend District Attorney Anthony Parisi, as well as Sheriff Kirk Imperati and all those involved, and I look forward to working to ensure that Dutchess County remains a place where residents feel safe and protected.”

    “This federal funding will advance public safety and criminal justice efforts in Dutchess County, from preventing hate crimes to protecting survivors of domestic violence and expanding post-conviction DNA testing,” said U.S. Senator Kirsten Gillibrand. “I am proud to have helped secure over three million dollars in federal grants through the U.S. Department of Justice for the Dutchess County District Attorney’s Office to undertake these critical projects. I will continue fighting to ensure that communities across New York have the resources they need to stay safe.”

    Sheriff Imperati said “On behalf of the men and women at the Sheriff’s Office I am very thankful for the grant money that has been awarded and look forward to witnessing the positive effects it will have on law enforcement as a whole in Dutchess County. We anticipate that having this money available to enhance law enforcement efforts on numerous fronts, including the Real Time Crime Center at the Sheriff’s Office, will greatly benefit our ability to continue prioritizing public safety for all residents of Dutchess County. I would like to personally thank Congressman Pat Ryan and District Attorney Anthony Parisi for all of their efforts in working with the Sheriff’s Office to obtain these funds, as well as continuing to be tremendous advocates for law enforcement and public safety in Dutchess County.”

    The Dutchess County DA’s Office secured the $3,023,688 from United States Department of Justice (DOJ) grant programs with the assistance of Congressman Ryan. The funding will be broken down to support the three following programs:

    • $1,000,000 from the DOJ’s Matthew Shepard and James Byrd, Jr. Hate Crimes Program will fund the Dutchess County District Attorney’s Office’s collaborative initiative to address, mitigate, and prevent hate crime and increase victim reporting. This project focuses on the education on and prevention of hate crime through community outreach and partnerships, crime analytics and data collection, and targeted resource distribution to improve hate crime reporting. The District Attorney’s Office will create two new positions-   a Hate Crimes Analyst and an Assistant District Attorney – to aid in the education, prevention, and investigation of bias-related crimes, including those committed online.  Wappinger Central School District Superintendent, Dr. Dwight Bonk, said “I am very grateful to District Attorney Parisi and his office for his commitment to provide a safe school environment for all students. As we have zero tolerance for acts of violence, discrimination, and hate speech within our District, this grant will assist and serve as a catalyst to provide much needed programs and supports that foster a culture of respect for one another. I look forward to our continued partnership and collaboration as we all work together as a community to address issues such as these.”
    • $500,000 from the DOJ’s Enhancing Investigation and Prosecution of Domestic Violence, Dating Violence, Sexual Assault, and Stalking (EIP) Initiative will help expand and improve the Dutchess County DA’s capacity to effectively investigate and/or prosecute domestic violence, dating violence, sexual assault, and stalking, and in so doing, support victim safety and autonomy, hold offenders accountable, and promote agency trust within the community. The EIP project by the Office of the Dutchess County District Attorney will partner with Family Services to provide supportive services to survivors. Funding will help in hiring a Senior Assistant District Attorney to prosecute domestic violence, dating violence, sexual assault, and stalking cases.  Leah Feldman, Chief Executive Officer for Family Services “We are proud to partner with the Dutchess County District Attorney’s Office, law enforcement, and community leaders on this important initiative. Sexual violence and dating violence are pressing issues in our community, particularly on our college campuses. This funding will not only contribute to enhancing the investigation and prosecution of these crimes but also provide important trauma-informed education that empowers survivors and dispels harmful myths. Together, we are committed to ensuring justice for survivors and creating a safer, more supportive Dutchess County.”
    • $1,523,688 to bolster the capacity of DNA testing of evidence. This will allow for post-conviction evidence testing as well, ensuring that the perpetrator of a crime is correctly brought to justice. The funding will expand Dutchess County’s Conviction Integrity Unit (CIU) by creating positions of Unit Chief, Assistant District Attorney and a full-time Investigator. The funding will help the CIU efficiently conduct thorough case reviews and investigations of violent felony convictions where a credible claim of actual innocence has been made; utilize DNA testing and analysis to provide conclusive evidence of innocence; and insights gleaned from CIU investigations will be applied to active prosecutions to help mitigate the risk of future wrongful convictions. This will ensure justice is finally and correctly served for the people of Dutchess County communities.

    ###

    MIL OSI USA News –

  • MIL-OSI Security: Owner Of Majestic Seals & Stripes, Inc. Sentenced To Federal Prison For Payroll Tax Fraud

    Source: Office of United States Attorneys

    Tampa, Florida – U.S. District Judge Thomas P. Barber has sentenced Linda Davis to four years in federal prison for willfully failing to pay to the Internal Revenue Service (IRS) employment taxes that were withheld from employees’ paychecks. Davis was also ordered to pay $719,049.62 in restitution. Davis entered a guilty plea on November 9, 2023. 

    According to court documents, Davis owned and operated a pavement maintenance company, known as Majestic Seals & Stripes, Inc. (Majestic), in Clearwater. As the owner of Majestic, Davis was responsible for withholding employment taxes from the Majestic employees’ paychecks and paying the taxes owed. Instead of paying these amounts to the IRS, Davis diverted the funds for her own personal use. Davis also failed to pay to the IRS the employer’s portion of the payroll taxes. Specifically, between June 2016 and December 2021, Davis failed to pay $557,249.62 in payroll taxes. 

    Further, in February 2021, Davis applied for a Paycheck Protection Program (PPP) loan on behalf of Majestic. In support of the loan application, Davis submitted a false IRS Form. As a result of the application package, the PPP loan was approved and funded in the amount of $161,800.

    “When you work somewhere, you trust that your employer will do the right thing,” said Ron Loecker, Special Agent in Charge of the IRS-CI Tampa Field Office. “For an employer to take advantage of their employees for their own personal gain in such a blatantly criminal way is downright shameful. My hope is that this sentencing will urge others to always do right by their employees.”

    This case was investigated by Internal Revenue Service – Criminal Investigation. It was prosecuted by Assistant United States Attorney Tiffany E. Fields. 

    MIL Security OSI –

  • MIL-OSI USA: Interest Rate Risk -— When Interest Rates Go Up, Prices of Fixed-Rate Bonds Fall (PDF)

    Source: Securities and Exchange Commission

    The SEC’s Office of Investor Education and Advocacy is issuing this Investor Bulletin to make investors aware that market interest rates and bond prices move in opposite directions—for example, when market interest rates go up, prices of fixed-rate bonds fall. Read More

    MIL OSI USA News –

  • MIL-OSI Canada: Tourism offers a taste of Newfoundland and Labrador

    Source: Government of Canada News

    News release

    Federal, provincial governments invest to help Hospitality Newfoundland and Labrador expand tourism offerings

    October 18, 2024 · St. John’s, Newfoundland and Labrador · Atlantic Canada Opportunities Agency (ACOA)

    From fresh seafood caught from the Atlantic Ocean to foraged ingredients found along coastal trails to incredible protein and produce from local farms, Newfoundland and Labrador offers visitors a unique and immersive culinary experience. The Government of Canada, together with the Government of Newfoundland and Labrador, is investing to help expand and promote the region’s culinary tourism offerings.

    Investments helping to expand culinary tourism

    Today, the Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA, announced a non-repayable federal investment of $981,000 to help Hospitality Newfoundland and Labrador promote and develop culinary experiences in the province.

    The Honourable Sarah Stoodley, Minister of Immigration, Population Growth and Skills

    and Minister Responsible for Francophone Affairs, also announced a contribution of $246,000 on behalf of the Government of Newfoundland and Labrador’s Department of Industry, Energy and Technology.

    This project will help promote Newfoundland and Labrador as a one-of-a-kind culinary destination, encouraging visitors to stay longer and explore more – and boosting year-round tourism revenue everywhere in the province.

    Elevating Tourism in Atlantic Canada

    Minister Hutchings also launched Elevate Tourism – a new, time-limited initiative to help private sector (commercial) tourism businesses attract more high-impact, value-driven visitors from outside Atlantic Canada. Nearly half these visitors are looking for trips that give them an elevated experience. The repayable initiative will help businesses develop high-quality products and experiences that reflect Atlantic Canada’s unique character and offerings.

    For more information about Elevate Tourism and eligibility criteria, please see the associated links below.

    The Government of Canada is committed to supporting the long-term sustainability of local agriculture and food systems and to helping Atlantic Canadian tourism operators develop fresh approaches and innovative ways to grow their businesses, all while creating meaningful jobs and world-class experiences that bring visitors to its shores.

    Quotes

    “A food experience brings us together – across our cultures, across communities and across countries. Culinary tourism gives visitors another experience in Newfoundland and Labrador.  We have unique flavours, talented chefs and cooks and our famous hospitality. So from festivals to fishing, foraging, farming and breweries and more, we have something for everyone.”

    –        The Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA


    “Hospitality Newfoundland and Labrador is working to foster a culinary tourism ecosystem that supports local communities, preserves cultural heritage and creates economic opportunities to advance the tourism sector. Through this project, the province will build on its reputation as a culinary destination and encourage community building and sustainable economic development while also encouraging regional partnerships.”

          –    The Honourable Andrew Parsons, KC, Minister of Industry, Energy and Technology 

     

    “The kitchen tables of Newfoundland and Labrador have been welcoming folks from far and wide for centuries.  Sharing the bountiful wit, charm and humour of the people of the province around these tables has become legendary across Canada and the World. Today’s announcement recognizes the importance of not only who is around those tables – but what is on those tables. This investment in the Food & Beverage industry of Newfoundland and Labrador will enhance the edible experiences that are offered across the province and be a catalyst to elevate the level and diversity of the human hospitality that we are so known for.”

    –        Chef Todd Perrin, Food and Beverage Representative, Board of Directors, Hospitality Newfoundland and Labrador

    Quick facts

    • Food tourism focuses on exploring a destination through its local food and drink offerings, while providing visitors with experiences centered around culture, culinary traditions and local ingredients.

    • The federal funding announced today is delivered through the Atlantic Canada Opportunities Agency (ACOA)’s Regional Economic Growth through Innovation (REGI) program.

    • The Province of Newfoundland and Labrador’s investments are delivered through the Department of Industry, Energy and Technology’s Regional Development Fund.

    • Since the pandemic, investment in tourism in Canada has recovered to 98% of its level in 2019, compared to just 88% in Atlantic Canada.

    Associated links

    Contacts

    Connor Burton

    Press Secretary

    Office of the Minister of Rural Economic Development and of the Atlantic Canada Opportunities Agency

    Connor.Burton@acoa-apeca.gc.ca

    Paul McGrath

    Director of Communications

    Atlantic Canada Opportunities Agency

    709-689-5731

    Paul.Mcgrath@acoa-apeca.gc.ca

    Brodie Thomas

    Media Relations Manager

    Industry, Energy and Technology

    709-729-5248, 709-725-3759

    brodiethomas@gov.nl.ca

    Craig Foley

    Chief Executive Officer

    Hospitality Newfoundland and Labrador

    709-722-2000

    cfoley@hnl.ca

    MIL OSI Canada News –