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Category: Intelligence Agencies

  • MIL-OSI Security: Online Chats with Minor Females Lead to Federal Prison Sentences for Two Men

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

    LAFAYETTE, La. – United States Attorney Brandon B. Brown announced the sentencing of two men on child pornography charges. 

    Jason Matthew Miller, 26, of Eunice, Louisiana, was sentenced by United States District Judge S. Maurice Hicks, Jr. to 210 months (17 years, 6 months) in prison, followed by a lifetime of supervised release. Miller was charged in an indictment and pleaded guilty to attempted production of child pornography. Law enforcement agents began an investigation after receiving information that Miller had communicated with a 13 year old female through Instagram, a social media platform. Through their investigation, it was revealed that in July 2018, Miller had a conversation through Instagram and on his cell phone with the minor female and he told her he was a 15 year old male, when in truth and in fact he was 20 years old at the time. Miller asked the minor female to send him sexually explicit photos of herself and she did so. At the guilty plea hearing on June 26, 2024, Miller admitted to communicating with the minor female and asking for and receiving sexually explicit photos of her. 

    In a separate and unrelated case, Michael Rios, 30, of San Antonio, Texas, was sentenced by United States District Judge David C. Joseph to 120 months (10 years) in prison for attempting to produce child pornography.  Rios will serve 20 years of supervised release after his release from prison. At the guilty plea hearing on July 23, 2024, Rios admitted to communicating with an undercover agent who was posing as a 13 year old female on the chat application “Meet24.”  In December 2022 and continuing through the spring of 2023, Rios chatted with who he believed to be a 13 year old female living in Lafayette, Louisiana. During the online conversation with the purported minor female, Rios asked her to send sexually explicit pictures and videos of herself to him and he sent sexually explicit images of himself to her. In addition, he discussed the possibility of traveling to Louisiana on numerous occasions so he and the minor female could meet at a hotel and engage in sex. Rios was subsequently arrested and charged with the offense of attempted production of child pornography.

    These cases were investigated by the Federal Bureau of Investigation and prosecuted by Assistant United States Attorney J. Luke Walker.

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    MIL Security OSI –

  • MIL-OSI Security: Windsor Mill Woman Sentenced to More Than Five Years’ Imprisonment in Connection with Conspiracy Involving Fraudulently Obtaining and Attempting to Obtain More Than $3 Million in COVID-19 Cares Act Loans

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

    Glenn Used COVID-19 CARES Act Funds to Pay for a Vacation to Jamaica, a Mercedes-Benz, Luxury Jewelry, including a 31 Carat Diamond Necklace and items from Luis Vuitton, Neiman Marcus, Dior, Cartier, Gucci, Chanel and Hermes.

    Baltimore, Maryland – On October 23, 2024, Tomeka Glenn, a/k/a “Tomeka Harris” and “Tomeka Davis,” age 47, of Windsor Mill, Maryland, was sentenced by United States District Judge Richard D. Bennett to 65 months’ imprisonment and 3 years of supervised release in connection with her conviction on conspiracy to commit wire fraud relating to the submission of millions of dollars in fraudulent COVID-19 CARES Act Paycheck Protection Program and Economic Injury Disaster Loan applications.  Judge Bennett also directed Glenn to pay restitution in the amount of $3,016,275.62.

    Glenn’s co-defendant Kevin Davis, age 43, also of Windsor Mill, Maryland, pleaded guilty on January 25, 2024 to being a felon in possession of a firearm and ammunition.  Judge Bennett on May 22, 2024 sentenced him to 24 months’ imprisonment.

    The sentence was announced by Erek L. Barron, U.S. Attorney for the District of Maryland; Special Agent in Charge William J. Delbagno of the Federal Bureau of Investigation (“FBI”) Baltimore Field Office; and Chief Robert McCullough of the Baltimore County Police Department.

    Financial assistance offered through the CARES Act included forgivable loans to small businesses for job retention and certain other expenses through the Paycheck Protection Program, administered through the Small Business Administration (“SBA”).  The SBA also offered an Economic Injury Disaster Loan (EIDL) and/or an EIDL advance to help businesses meet their financial obligations.  An EIDL advance did not have to be repaid, and small businesses could receive an advance, even if they were not approved for an EIDL loan. The maximum advance amount was $10,000.

    According to Glenn’s plea agreement, beginning in June 2020 and continuing through March 2021,  Glenn and various co-conspirators prepared numerous false and fraudulent EIDL and PPP loan applications for various businesses (including some that did not exist in any legitimate capacity)  that included false information concerning, among other things, number of employees, monthly payroll costs, and revenue.  The PPP applications also routinely included false and fraudulent Internal Revenue Service (“IRS”) tax forms and bank statements, which were submitted by Glenn to substantiate the false representations made in the applications. 

    Glenn admitted that she received kickback payments from the loan borrowers in exchange for her assistance in connection with the submission of fraudulent PPP and EIDL applications, ultimately receiving more than $400,000 in kickbacks in connection with the scheme.  These kickbacks typically amounted to 10% to 20% of the loan amount.  In total, the kickback scheme resulted in the disbursement of at least $2,715,649.12 in fraudulently obtained PPP and EIDL funds in connection with 23 fraudulent PPP and EIDL loans.

    According to Glenn’s plea agreement, Glenn and Davis, received $300,726.50 in PPP/EIDL funds for various entities that they controlled, and Glenn attempted to obtain $601,511.20 in additional fraudulent PPP and EIDL funds too. 

    Glenn used the fraudulently obtained funds to pay for a luxury vacation at a resort in Jamaica, to purchase a 2021 Mercedes-Benz S580 sedan valued at $148,171.60, to buy thousands of dollars in luxury jewelry, as well as numerous other luxury goods, including items from Luis Vuitton, Neiman Marcus, Dior, Cartier, Gucci, Chanel, and Hermes.

    At the time of her scheme, neither Glenn nor Davis had any legitimate source of income, and in May 2020, each applied for unemployment insurance benefits in the State of Maryland.  In addition, as detailed in Davis and Glenn’s plea agreements, on January 6, 2023, law enforcement executed a federal search warrant at their residence.  Davis and Glenn were present at the residence at the time of the search and were arrested in connection with the fraudulent COVID-19 CARES Act loans.  According to Davis’s plea agreement, during the execution of the search warrant, law enforcement found and seized four firearms loaded with ammunition—a 9mm firearm, and three .40 caliber firearms.  Later investigation revealed that  one of the .40 caliber firearms had earlier been reported stolen by its owner.  As further detailed in Davis’s plea, the firearms were hidden by Davis in the air ducts of the residence: two firearms were hidden in the main bedroom air duct where Davis slept and kept his personal effects; the other two firearms were in the air duct of the bathroom closets to the main bedroom.  Moreover, two of the firearms were further stuffed in socks in an attempt to hide them.  Davis admitted that he possessed and secreted the firearms in the air ducts of his home (and in the socks) in an attempt to conceal them from law enforcement after learning that federal agents had a warrant to search his home.  As admitted to at his plea, Davis’s concealment of the firearms constitutes attempted obstruction of the administration of justice with respect to the investigation.  Each of the four firearms recovered from Davis’s home on January 6, 2023 were later found to have his DNA on them.  A later review of Davis’s iCloud account revealed the existence of, among other things, a series of videos depicting Davis handling firearms, including a shotgun and an assault rifle.  Davis knew that his previous felony conviction prohibited him from possessing firearms or ammunition.

    As part of their plea agreements, Glenn and Davis will be required to forfeit their interest in any assets derived from or obtained by them as a result of, or used to facilitate the commission of, their illegal activities. Specifically, Glenn is required to forfeit a money judgment in the amount of at least $700,726.50; the 2021 Mercedes-Benz; cash in bank accounts she controlled that were held in the names of business entities; and jewelry, including her 3.03 carat yellow diamond engagement ring, Rolex, Cartier and Breitling watches, and a Diamond Miami Cuban Link Chain with 31.5 carats of VS1 diamonds.  Davis must forfeit the firearms and ammunition.

    The District of Maryland Strike Force is one of five strike forces established throughout the United States by the U.S. Department of Justice to investigate and prosecute COVID-19 fraud, including fraud relating to the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act.  The CARES Act was designed to provide emergency financial assistance to Americans suffering the economic effects caused by the COVID-19 pandemic.  The strike forces focus on large-scale, multi-state pandemic relief fraud perpetrated by criminal organizations and transnational actors.  The strike forces are interagency law enforcement efforts, using prosecutor-led and data analyst-driven teams designed to identify and bring to justice those who stole pandemic relief funds.

    For more information on the Department’s response to the pandemic, please visit https://www.justice.gov/coronavirus.  Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Department of Justice’s National Center for Disaster Fraud (NCDF) Hotline at 866-720-5721 or via the NCDF Web Complaint Form at: https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

    U.S. Attorney Barron commended the FBI, the SBA-OIG, and the Baltimore County Police Department for their work in the investigation.  Mr. Barron thanked Assistant U.S. Attorney Paul A. Riley, who is prosecuting the case.  He also recognized the assistance of the Maryland COVID-19 Strike Force Paralegal Specialist Joanna B.N. Huber and Paralegal Specialist Juliette Jarman. 

    For more information on the Maryland U.S. Attorney’s Office, its priorities, and resources available to help the community, please visit www.justice.gov/usao/md.

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    MIL Security OSI –

  • MIL-OSI Security: Pharmacy Owner Sentenced for Role in $6.9 Million Scheme to Bill Insurance for Medications Not Dispensed

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

    DETROIT – A licensed pharmacist from Dearborn Heights was sentenced to 2 years in federal prison for submitting claims to Medicare, Medicaid, and Blue Cross Blue Shield of Michigan for her role in a scheme to defraud health care insurers by submitting claims for pharmaceuticals that were not actually purchased, United States Attorney Dawn N. Ison announced.

    Ison was joined in the announcement by Special Agent in Charge Cheyvoryea Gibson of the FBI’s Detroit Division and Mario M. Pinto, Special Agent in Charge of the Chicago Region of the U.S. Department of Health and Human Services Office of Inspector General.

    In addition to the prison term, United States District Judge Nancy G. Edmunds also ordered Zeinab Makki, 61, to pay $6.9 million in restitution imposed of a forfeiture judgment of $6.9 million.

    According to court records, Makki was the pharmacist in charge from 2001 through 2021 at New Millennium Drugs and Western Wayne Pharmacy. She admitted that she led a scheme to defraud Medicare, Medicaid, and Blue Cross Blue Shield of Michigan by submitting claims for pharmaceuticals which New Millenium Drugs and Western Wayne Pharmacy did not actually purchase.

    “Fraud by health care professionals will be aggressively pursued by our office,” said U.S. Attorney Ison.  “We hope that prosecutions like this one will deter health care professionals from stealing money from those who genuinely need it to order to line their own pockets.”

    “This sentencing underscores our commitment to holding those who defraud Federal health care programs accountable,” said Mario M. Pinto, Special Agent in Charge of the U.S. Department of Health and Human Services Office of Inspector General. “Our agency remains dedicated to working with our law enforcement partners to identify and investigate fraud allegations.”

    “False medical claims divert much needed funding away from patients in need of life-saving services and Ms. Makki will serve her sentence for orchestrating and participating in this scheme,” said Cheyvoryea Gibson, Special Agent in Charge of the FBI in Michigan. “The FBI is proud to work alongside our law enforcement partners and pursue justice against medical professionals who defraud government healthcare programs.

    The case was investigated by Special Agents of the HHS and FBI, with cooperation and assistance from the Michigan Department of Health and Human Services – Office of Inspector General. The case is being prosecuted by Assistant United States Attorney Philip A. Ross. Assistant United States Attorney Jessica Nathan is prosecuting the related asset forfeiture matters.

    MIL Security OSI –

  • MIL-OSI Security: Real Estate Developer Sentenced to Prison for Bribing Former Taylor Mayor

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

    DETROIT –Real estate developer was sentenced to one year and a day in prison for bribing former Mayor of Taylor Richard Sollars with cash, home renovations, and other things of value in exchange for obtaining tax-foreclosed properties from the City of Taylor for redevelopment, United States Attorney Dawn N. Ison announced. 

    Ison was joined in the announcement by Cheyvoryea Gibson, Special Agent-in-Charge of the Detroit Field Office of the Federal Bureau of Investigation.

    Shady Awad, 44, of Allen Park was sentenced by United States District Judge Mark A. Goldsmith.

    According to court documents, between 2016 and 2018,  Awad provided a steady stream of bribes to then-mayor Sollars in the form of cash, home improvements to Sollars’ home and lake house, appliances, and other items of value.  Awad also agreed to charge more than $19,000 to his credit cards, and then convert the charges to cash for Sollars. In total, Awad provided Sollars with goods and services valued at $85,011.73, in exchange for being permitted to acquire tax-foreclosed properties to redevelop through the City of Taylor’s Right of First Refusal (ROFR) program. This was a program designed to allow Taylor to acquire tax-foreclosed properties from Wayne County for redevelopment.  As a result of the bribes Awad paid to Sollars, Sollars recommended to City Council that Awad be awarded the vast majority of the City’s ROFR properties.  

    “Mr. Awad’s conviction and sentence should send a strong message that not only will public officials who accept bribes be brought to justice by my office, but also, those who seek to gain an advantage by bribing public officials will face serious consequences as well,” stated U.S. Attorney Ison.

    “Mr. Awad and the former Mayor of Taylor unlawfully corrupted the City of Taylor’s real estate redevelopment program, meant to benefit the city and its residents, for their own private gain,” said Cheyvoryea Gibson, Special Agent in Charge of the FBI in Michigan. “FBI Michigan’s Detroit Area Corruption Task Force remains committed to rigorously investigating public corruption, especially individuals who cheat the system by bribing public officials.”

    The investigation of this case was conducted by the Federal Bureau of Investigation. The case is being prosecuted by Assistant U.S. Attorneys Frances Carlson and Robert Moran.

    MIL Security OSI –

  • MIL-OSI Security: Former Taylor Mayor Sentenced to Nearly Six Years in Prison for Bribery Conspiracy

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

    DETROIT –Richard Sollars was sentenced to 71 months in prison for conspiring to accept bribes and engaging in wire fraud while he was the Mayor of the City of Taylor, announced United States Attorney Dawn N. Ison.

    Ison was joined in the announcement by Cheyvoryea Gibson, Special Agent-in-Charge of the Detroit Field Office of the Federal Bureau of Investigation.

    Between 2016 and 2018, Sollars, 50, exercised his authority and influence as Mayor and recommended to the Taylor City Council that Realty Transition, a company owned by his co-defendant, Shady Awad, be awarded the vast majority of the tax-foreclosed properties that the City had or would acquire under its Right of First Refusal (ROFR) program. This was a program designed to allow Taylor to acquire tax-foreclosed properties from Wayne County for redevelopment. Sollars recommended Realty Transition for the ROFR program, intending to be influenced and rewarded by the free home renovations and other items of value that Awad provided to Sollars for his personal residence, office, and lake house. After an evidentiary hearing, the Court found that Sollars received bribes from Awad totaling $85,011.73 as part of this bribery scheme. The bribes included items such as home renovations, a humidor, kitchen appliances, a washer and dryer, a Dyson vacuum cleaner, a camera, and cash.

    In addition, as part of his election efforts, Sollars established a campaign account entitled, “Committee to Elect Richard Sollars, Jr.” Sollars engaged in a scheme to defraud his donors by fraudulently using donated funds for his personal benefit rather than for his political campaign.  In furtherance of the fraudulent scheme, Sollars directed his campaign treasurer to provide him with signed blank checks from his campaign account. Sollars then made those checks payable to Dominick’s Market in various amounts, each purporting to represent payment for catering services provided to the campaign. As known to Sollars, the owner of Dominick’s Market, Hadir Altoon, prepared false invoices for catering services that were not actually provided. Instead, Altoon would provide Sollars with some or all of the proceeds from the cashed fraudulent checks for Sollars’s personal use. After an evidentiary hearing, the Court found that Sollars received $70,362.98 from this, and other, wire fraud schemes related to his campaign account.

    “Sollars, as the Mayor of the City of Taylor, pledged to represent the best interests of the citizens he represented and the voters who supported him. Instead, he used his elected office to award city contracts and spend campaign funds for his own personal financial enrichment,” stated U.S. Attorney Ison. “Sollars’s conviction and sentence demonstrate my office’s commitment to ensuring that those elected officials who place their own greed above their duties to the citizens in the community will be held to answer for their breach of trust.”

    “The diligent work of the FBI’s Detroit Area Corruption Task Force, working in collaboration with the United States Attorney’s Office for the Eastern District of Michigan, resulted in the conviction of Richard Sollars, the former mayor of the City of Taylor,” said FBI Special Agent in Charge Gibson. “This betrayal of public trust is a stark reminder of the importance of integrity and accountability in public office. We remain committed to upholding the principles of justice and transparency, ensuring that such actions do not go unpunished. Today’s sentencing of Mr. Sollars brings closure to a lengthy and thorough investigation of the former mayor’s administration.”

    The investigation of this case was conducted by the Federal Bureau of Investigation. The case is being prosecuted by Assistant U.S. Attorneys Frances Carlson and Robert Moran.

    MIL Security OSI –

  • MIL-OSI Security: Jury Convicts Mexican National of $4.7 Million Methamphetamine Heroin Conspiracy

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

    KANSAS CITY, Mo. – A Mexican national who worked with a drug-trafficking organization tied to the Cárteles Unidos cartel in Michoacán, Mexico, was convicted by a federal trial jury today of his role in a $4.7 million conspiracy to distribute more than 335 kilograms of methamphetamine and 22 kilograms of heroin in the Kansas City, Mo., metropolitan area and throughout the United States.

    Luis Eduardo Pineda-Zarao, 29, a citizen of Mexico residing in Lebanon, Tennessee, was found guilty of participating in a conspiracy to distribute methamphetamine and heroin from Feb. 28, 2020, to June 1, 2022.

    The indictment alleges the conspiracy involved the distribution of more than 335.5 kilograms of methamphetamine, with an average street price of $300 per ounce, and more than 22.1 kilograms of heroin, with an average street price of $1,500 per ounce.

    During the investigation, federal agents with Homeland Security Investigations conducted two undercover bulk cash pickups totaling $308,775 and seized $610,400 in bulk cash, over 56 kilograms of methamphetamine, 5.5 kilograms of heroin, 2.6 kilograms of marijuana, and at least eight firearms, two of which were stolen. Law enforcement officers also seized $277,863 during a vehicle stop and $114,863 while executing search warrants at four Kansas City, Mo., residences.

    Pineda-Zarao is among 44 defendants charged in this case. Nine co-defendants have been sentenced and 34 co-defendants have pleaded guilty and await sentencing.

    Following the presentation of evidence, the jury in the U.S. District Court in Kansas City, Mo., deliberated for less than an hour before returning guilty verdicts to U.S. District Judge Greg Kays, ending a trial that began Monday, Oct. 21.

    Under federal statutes, Pineda-Zarao is subject to a mandatory minimum sentence of 10 years in federal prison without parole, up to a sentence of life in federal prison without parole. The maximum statutory sentence is prescribed by Congress and is provided here for informational purposes, as the sentencing of the defendant will be determined by the court based on the advisory sentencing guidelines and other statutory factors. A sentencing hearing will be scheduled after the completion of a presentence investigation by the United States Probation Office.

    This case is being prosecuted by Assistant U.S. Attorneys Patrick C. Edwards and Megan Baker. It was investigated by Homeland Security Investigations, U.S. Customs and Border Protection, the Drug Enforcement Administration, the Jackson County Drug Task Force, IRS-Criminal Investigation, the Kansas Bureau of Investigation, the Kansas City, Mo., Police Department, the Kansas City, Kan., Police Department, the Missouri State Highway Patrol, the Kansas Highway Patrol, the Independence, Mo., Police Department, the Minnesota Bureau of Criminal Apprehension, the Minnesota State Patrol, the Olmsted County, Minn., Sheriff’s Office, the Texas Department of Public Safety, the FBI, the Clay County, Mo., Sheriff’s Department, the Bureau of Alcohol, Tobacco, Firearms and Explosives, and the U.S. Marshals Service.

    Organized Crime and Drug Enforcement Task Force

    This case is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) operation. OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.

    KC Metro Strike Force

    This prosecution was brought as a part of the Department of Justice’s Organized Crime Drug Enforcement Task Forces (OCDETF) Co-located Strike Forces Initiative, which provides for the establishment of permanent multi-agency task force teams that work side-by-side in the same location. This co-located model enables agents from different agencies to collaborate on intelligence-driven, multi-jurisdictional operations against a continuum of priority targets and their affiliate illicit financial networks. These prosecutor-led co-located Strike Forces capitalize on the synergy created through the long-term relationships that can be forged by agents, analysts, and prosecutors who remain together over time, and they epitomize the model that has proven most effective in combating organized crime. The principal mission of the OCDETF program is to identify, disrupt, and dismantle the most serious drug trafficking organizations, transnational criminal organizations, and money laundering organizations that present a significant threat to the public safety, economic, or national security of the United States.

    MIL Security OSI –

  • MIL-OSI Security: Browning Woman Admits Assaulting Child on Blackfeet Indian Reservation

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

    GREAT FALLS — A Browning woman accused of beating and injuring child in a residence on the Blackfeet Indian Reservation admitted to child abuse and assault charges today, U.S. Attorney Jesse Laslovich said.

    The defendant, Micah Lynn Brown, 25, pleaded guilty to felony child abuse and to assault resulting in substantial bodily injury of an individual under 16 years, as indicted. Brown faces a maximum of 10 years in prison, a $50,000 fine and three years of supervised release on the child abuse charge and a maximum of five years in prison, a $250,000 fine and three years in prison on the assault charge.

    Chief U.S. District Judge Brian M. Morris presided. The court will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors. Sentencing was set for Feb. 19, 2025. Brown was detained pending further proceedings.

    In court documents, the government alleged that on March 21, Brown was drinking when she returned home to a residence she shared with a boyfriend and children. The boyfriend confronted Brown about her drinking and then left the house to use the phone at a nearby residence. When he returned about 10 minutes later, the front door was blocked by a couch that had been moved. Upon entering, the boyfriend heard the victim, identified as Jane Doe, who was under the age of three, screaming and found her injured in a backroom. Brown was in the same room but didn’t say anything. The boyfriend removed the children from the home and called law enforcement. Witnesses told law enforcement that the victim had soiled her diaper and threw it on the ground, angering Brown, who then assaulted the child. The victim was treated for injuries at the Browning Community Hospital.

    The U.S. Attorney’s Office is prosecuting the case. Blackfeet Law Enforcement Services and the FBI conducted the investigation.

    XXX

    MIL Security OSI –

  • MIL-OSI: Coface SA: Fitch affirms Coface AA- rating, with ‘stable’ outlook

    Source: GlobeNewswire (MIL-OSI)

    Fitch affirms Coface AA- rating, with ‘stable’ outlook

    Paris, 28 October 2024 – 18.45

    The rating agency Fitch affirmed today Coface AA- Insurer Financial Strength (IFS) rating. The outlook remains stable.

    Fitch has also affirmed Coface SA’s Long-Term Issuer Default Rating (IDR) at ‘A+’, with a stable outlook.

    The rating action reflects “Coface’s very strong company profile and capitalisation, as well as a strong profitability through the cycle”. The stable outlook reflects Fitch’s view that “Coface continues to maintain sufficient rating headroom to withstand weaker macro-economic conditions and rising corporate default risk over the next 12-24 months”.

    In Fitch’s press release, the rating agency recognises Coface’s “very strong, well established and geographically diversified franchise in the global trade credit insurance sector”. Fitch highlights also that “factoring, information services and other fee-based activities enhance Coface’s business diversification”.

    Fitch views Coface’s financial performance “as strong across the economic cycle, underpinned by underwriting profitability and effective risk management and reinsurance”.

    CONTACTS

    ANALYSTS / INVESTORS
    Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
    Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

    MEDIA RELATIONS
    Saphia GAOUAOUI: +33 1 49 02 14 91 – saphia.gaouaoui@coface.com
    Adrien BILLET: +33 1 49 02 23 63 – adrien.billet@coface.com

    2024 FINANCIAL CALENDAR
    9M-2024 results: 5 November 2024 (after market close)

    FINANCIAL INFORMATION
    This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website:
    http://www.coface.com/Investors

    For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2023 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

      Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust. You can check the authenticity on the website www.wiztrust.com.
     

    COFACE: FOR TRADE
    With over 75 years of experience and the most extensive international network, Coface is a leader in Trade Credit Insurance & risk management, and a recognised provider of Factoring, Debt Collection, Single Risk insurance, Bonding, and Information Services. Coface’s experts work to the beat of the global economy, helping ~100,000 clients in 100 countries build successful, growing, and dynamic businesses. With Coface’s insight and advice, these companies can make informed decisions. The Group’ solutions strengthen their ability to sell by providing them with reliable information on their commercial partners and protecting them against non-payment risks, both domestically and for export. In 2023, Coface employed ~4,970 people and registered a turnover of €1.87 billion.

    www.coface.com

    COFACE SA is quoted in Compartment A of Euronext Paris
    Code ISIN: FR0010667147 / Mnémonique: COFA

    DISCLAIMER – Certain declarations featured in this press release may contain forecasts that notably relate to future events, trends, projects or targets. By nature, these forecasts include identified or unidentified risks and uncertainties, and may be affected by many factors likely to give rise to a significant discrepancy between the real results and those stated in these declarations. Please refer to chapter 5 “Main risk factors and their management within the Group” of the Coface Group’s 2022 Universal Registration Document filed with AMF on 6 April 2023 under the number D.23-0244 in order to obtain a description of certain major factors, risks and uncertainties likely to influence the Coface Group’s businesses. The Coface Group disclaims any intention or obligation to publish an update of these forecasts, or provide new information on future events or any other circumstance.

    Attachment

    The MIL Network –

  • MIL-OSI: NorthEast Community Bancorp, Inc. Reports Results for the Three and Nine Months Ended September 30, 2024

    Source: GlobeNewswire (MIL-OSI)

    WHITE PLAINS, N.Y., Oct. 28, 2024 (GLOBE NEWSWIRE) — NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), generated net income of $12.7 million, or $0.97 per basic share and $0.95 per diluted share, for the three months ended September 30, 2024 compared to net income of $11.8 million, or $0.80 per basic and diluted share, for the three months ended September 30, 2023. In addition, the Company generated net income of $36.9 million, or $2.81 per basic share and $2.78 per diluted share, for the nine months ended September 30, 2024 compared to net income of $34.2 million, or $2.42 per basic share and $2.41 per diluted share, for the nine months ended September 30, 2023.

    Kenneth A. Martinek, Chairman of the Board and Chief Executive Officer, stated, “We are pleased to report another quarter of strong earnings due to the strong performance of our loan portfolio.   Despite the challenging high interest rate environment during 2023 that continued into most of 2024, offset by a reduction in interest rates towards the end of the third quarter of 2024, loan demand remained strong with originations and outstanding commitments remaining robust. As has been in the past, construction lending in high demand-high absorption areas continues to be our focus.”

    Highlights for the three months and nine months ended September 30, 2024 are as follows:

    • Performance metrics continue to be strong with a return on average total assets ratio of 2.62%, a return on average shareholders’ equity ratio of 16.48%, and an efficiency ratio of 36.04% for the three months ended September 30, 2024. For the nine months ended September 30, 2024, the Company generated a return on average total assets ratio of 2.61%, a return on average shareholders’ equity ratio of 16.55%, and an efficiency ratio of 36.37%.
    • Net interest income increased by $1.2 million and $5.5 million, or 4.6% and 7.7%, respectively, for the three months and nine months ended September 30, 2024 compared to the same periods in 2023.
    • Our commitments, loans-in-process, and standby letters of credit outstanding totaled $659.0 million at September 30, 2024 compared to $719.6 million at December 31, 2023.

    Balance Sheet Summary

    Total assets increased $203.8 million, or 11.6%, to $2.0 billion at September 30, 2024, from $1.8 billion at December 31, 2023. The increase in assets was primarily due to an increase in net loans of $173.6 million and an increase in cash and cash equivalents of $29.1 million.

    Cash and cash equivalents increased $29.1 million, or 42.4%, to $97.8 million at September 30, 2024 from $68.7 million at December 31, 2023. The increase in cash and cash equivalents was a result of an increase in deposits of $228.0 million, partially offset by a decrease in borrowings of $57.0 million, an increase of $173.6 million in net loans, and stock repurchases of $2.4 million.

    Equity securities increased $2.4 million, or 13.5%, to $20.5 million at September 30, 2024 from $18.1 million at December 31, 2023. The increase in equity securities was attributable to the purchase of $2.0 million in equity securities during the third quarter of 2024 and market appreciation of $445,000 due to market interest rate volatility during the nine months ended September 30, 2024.

    Securities held-to-maturity decreased $799,000, or 5.0%, to $15.1 million at September 30, 2024 from $15.9 million at December 31, 2023 due to $810,000 in maturities and pay-downs of various investment securities, partially offset by a decrease of $10,000 in the allowance for credit losses for held-to-maturity securities.

    Loans, net of the allowance for credit losses, increased $173.6 million, or 11.0%, to $1.8 billion at September 30, 2024 from $1.6 billion at December 31, 2023. The increase in loans, net of the allowance for credit losses, was primarily due to loan originations of $569.2 million during the nine months ended September 30, 2024, consisting primarily of $499.7 million in construction loans with respect to which approximately 34.1% of the funds were disbursed at loan closings, with the remaining funds to be disbursed over the terms of the construction loans. In addition, during the nine months ended September 30, 2024, we originated $44.7 million in commercial and industrial loans, $14.0 million in non-residential loans, $4.2 million in multi-family loans, and $600,000 in mixed-use loans.

    Loan originations during the nine months ended September 30, 2024 resulted in a net increase of $148.8 million in construction loans, $14.4 million in commercial and industrial loans, $9.2 million in non-residential loans, $3.6 million in multi-family loans, and $788,000 in consumer loans. The increase in our loan portfolio was partially offset by decreases of $1.7 million in residential loans and $1.2 million in mixed-use loans, coupled with normal pay-downs and principal reductions.

    The allowance for credit losses related to loans decreased to $4.8 million as of September 30, 2024 from $5.1 million as of December 31, 2023. The decrease in the allowance for credit losses related to loans was due to a credit to the provision for credit losses totaling $145,000 and charge-offs of $115,000.  

    Premises and equipment decreased $507,000, or 2.0%, to $24.9 million at September 30, 2024 from $25.5 million at December 31, 2023 primarily due to the depreciation of fixed assets.

    Investments in Federal Home Loan Bank stock decreased $217,000, or 23.4%, to $712,000 at September 30, 2024 from $929,000 at December 31, 2023. The decrease was due primarily to the mandatory redemption of Federal Home Loan Bank stock totaling $315,000 in connection with the maturity of $7.0 million in advances in 2024, offset by purchases of Federal Home Loan Bank stock totaling $98,000 due to the growth of our mortgage loan portfolio.

    Bank owned life insurance (“BOLI”) increased $486,000, or 1.9%, to $25.6 million at September 30, 2024 from $25.1 million at December 31, 2023 due to increases in the BOLI cash value.

    Accrued interest receivable increased $1.2 million, or 9.4%, to $13.5 million at September 30, 2024 from $12.3 million at December 31, 2023 due to an increase in the loan portfolio.

    Real estate owned decreased $478,000, or 32.8%, to $978,000 at September 30, 2024 from $1.5 million at December 31, 2023 due to a charge-off of $478,000 resulting from a decrease in the estimated fair value of the foreclosed property.

    Right of use assets — operating decreased $422,000, or 9.2%, to $4.1 million at September 30, 2024 from $4.6 million at December 31, 2023, primarily due to amortization.

    Other assets decreased $548,000, or 6.8%, to $7.5 million at September 30, 2024 from $8.0 million at December 31, 2023 due to decreases in tax assets of $671,000, prepaid expenses of $56,000, miscellaneous assets of $4,000, and securities receivables of $1,000, partially offset by increase in suspense accounts of $184,000.

    Total deposits increased $228.0 million, or 16.3%, to $1.6 billion at September 30, 2024 from $1.4 billion at December 31, 2023. The increase in deposits was primarily due to the Bank offering competitive interest rates to attract deposits. This resulted in a shift in deposits whereby certificates of deposit increased $230.5 million, or 30.3%, and NOW/money market accounts increased $83.5 million, or 57.4%, partially offset by decreases in savings account balances of $53.4 million, or 27.7%, and non-interest bearing demand deposits of $32.6 million, or 10.9%.

    Federal Home Loan Bank advances decreased $7.0 million, or 50.0%, to $7.0 million at September 30, 2024 from $14.0 million at December 31, 2023 due to the maturity of borrowings in 2024. Federal Reserve Bank borrowings of $50.0 million at December 31, 2023 were paid-off during the nine months ended September 30, 2024.

    Advance payments by borrowers for taxes and insurance increased $442,000, or 21.9%, to $2.5 million at September 30, 2024 from $2.0 million at December 31, 2023 due primarily to accumulation of real estate tax payments by borrowers.

    Lease liability – operating decreased $384,000, or 8.3%, to $4.2 million at September 30, 2024 from $4.6 million at December 31, 2023, primarily due to amortization.

    Accounts payable and accrued expenses increased $2.4 million, or 17.8%, to $16.0 million at September 30, 2024 from $13.6 million at December 31, 2023 due primarily to increases in dividends payable of $3.2 million and deferred compensation of $395,000, partially offset by a decrease in accrued expense of $810,000. The allowance for credit losses for off-balance sheet commitments decreased $130,000, or 12.5%, to $908,000 at September 30, 2024 from $1.0 million at December 31, 2023.

    Stockholders’ equity increased $30.3 million, or 10.8% to $309.6 million at September 30, 2024, from $279.3 million at December 31, 2023. The increase in stockholders’ equity was due to net income of $36.9 million for the nine months ended September 30, 2024, the amortization expense of $1.4 million relating to restricted stock and stock options granted under the Company’s 2022 Equity Incentive Plan, a reduction of $652,000 in unearned employee stock ownership plan shares coupled with an increase of $532,000 in earned employee stock ownership plan shares, an exercise of stock options totaling $14,000, and $10,000 in other comprehensive income, partially offset by stock repurchases totaling $2.5 million and dividends paid and declared of $6.7 million.

    Results of Operations for the Three Months Ended September 30, 2024 and 2023

    Net Interest Income

    Net interest income was $26.3 million for the three months ended September 30, 2024, as compared to $25.1 million for the three months ended September 30, 2023. The increase in net interest income of $1.2 million, or 4.6%, was primarily due to an increase in interest income that exceeded an increase in interest expense.

    The increase in interest income is attributable to increases in the average balances of loans, interest-bearing deposits, and investment securities, partially offset by a decrease in the average balances of FHLB stock. The increase in interest income is also attributable to the Federal Reserve’s interest rate increases in 2023 that continued until September 2024.

    The increase in market interest rates in 2023 that continued until September 2024 also caused an increase in our interest expense. As a result, the increase in interest expense for the three months ended September 30, 2024 was due to an increase in the cost of funds on our deposits and borrowed money. The increase in interest expense was also due to an increase in the average balances on our certificates of deposits, our interest-bearing demand deposits, and our borrowed money, offset by a decrease in the average balances on our savings and club deposits.

    Total interest and dividend income increased $6.0 million, or 17.2%, to $41.2 million for the three months ended September 30, 2024 from $35.1 million for the three months ended September 30, 2023. The increase in interest and dividend income was due to an increase in the average balance of interest earning assets of $282.6 million, or 18.0%, to $1.9 billion for the three months ended September 30, 2024 from $1.6 billion for the three months ended September 30, 2023, partially offset by a decrease in the yield on interest earning assets by 6 basis points from 8.95% for the three months ended September 30, 2023 to 8.89% for the three months ended September 30, 2024.

    Interest expense increased $4.9 million, or 48.9%, to $14.9 million for the three months ended September 30, 2024 from $10.0 million for the three months ended September 30, 2023. The increase in interest expense was due to an increase in the cost of interest bearing liabilities by 59 basis points from 3.86% for the three months ended September 30, 2023 to 4.45% for the three months ended September 30, 2024 and an increase in average interest bearing liabilities of  $301.8 million, or 29.1%, to $1.3 billion for the three months ended September 30, 2024 from $1.0 billion for the three months ended September 30, 2023.

    Our net interest margin decreased 72 basis points, or 11.3%, to 5.68% for the three months ended September 30, 2024 compared to 6.40% for the three months ended September 30, 2023. The decrease in the net interest margin was due to the increase in the cost of interest-bearing liabilities outpacing the increase in the yield on interest-earning assets.

    Credit Loss Expense

    The Company recorded a provision for credit loss of $105,000 for the three months ended September 30, 2024 compared to a provision for credit loss of $156,000 for the three months ended September 30, 2023. The credit loss expense of $105,000 for the three months ended September 30, 2024 was comprised of a credit loss expense for off-balance sheet commitments of $105,000 primarily attributable to an increase in the weighted average remaining maturity for the aggregate unfunded off-balance sheet commitments. The credit loss expense of $156,000 for the three months ended September 30, 2023 was comprised of credit loss for loans of $438,000, partially offset by credit loss expense reduction for off-balance sheet commitments of $278,000 and credit loss expense reduction for held-to-maturity securities of $4,000.

    With respect to the allowance for credit losses for loans, we charged-off $82,000 during the three months ended September 30, 2024 as compared to charge-offs of $71,000 during the three months ended September 30, 2023. These charge-offs during the three months ended September 30, 2024 and 2023 were against various unpaid overdrafts in our demand deposit accounts.

    We recorded no recoveries from previously charged-off loans during the three months ended September 30, 2024 and 2023.

    Non-Interest Income

    Non-interest income for the three months ended September 30, 2024 was $1.3 million compared to non-interest income of $221,000 for the three months ended September 30, 2023. The increase of $1.1 million, or 510.4%, in total non-interest income was primarily due to increases of $977,000 in unrealized gain on equity securities, $225,000 in other loan fees and service charges, $26,000 in miscellaneous other non-interest income, and $14,000 in BOLI income, partially offset by a decrease of $114,000 in investment advisory fees.

    The increase in unrealized gain (loss) on equity securities was due to an unrealized gain of $547,000 on equity securities during the three months ended September 30, 2024 compared to an unrealized loss of $430,000 on equity securities during the three months ended September 30, 2023. The unrealized gain of $547,000 on equity securities during the three months ended September 30, 2024 was due to market interest rate volatility during the quarter ended September 30, 2024.

    The increase of $225,000 in other loan fees and service charges was due to an increase of $210,000 in other loan fees and loan servicing fees and an increase of $15,000 in ATM/debit card/ACH fees.

    The decrease in investment advisory fees was due to the disposition in January 2024 of the Bank’s assets relating to the Harbor West Wealth Management Group. As a result of the transaction, the Bank no longer generates investment advisory fees.

    Non-Interest Expense

    Non-interest expense increased $1.0 million, or 11.7%, to $10.0 million for the three months ended September 30, 2024 from $8.9 million for the three months ended September 30, 2023. The increase resulted primarily from increases of $477,000 in real estate owned expense, $435,000 in salaries and employee benefits, $119,000 in occupancy expense, and $112,000 in outside data processing expense, partially offset by decreases of $53,000 in equipment expense, $39,000 in other operating expense, and $5,000 in advertising expense.

    Income Taxes

    We recorded income tax expense of $4.9 million and $4.4 million for the three months ended September 30, 2024 and 2023, respectively. For the three months ended September 30, 2024, we had approximately $203,000 in tax exempt income, compared to approximately $187,000 in tax exempt income for the three months ended September 30, 2023. Our effective income tax rates were 27.8% and 27.3% for the three months ended September 30, 2024 and 2023, respectively.

    Results of Operations for the Nine Months Ended September 30, 2024 and 2023

    Net Interest Income

    Net interest income was $77.5 million for the nine months ended September 30, 2024 as compared to $72.0 million for the nine months ended September 30, 2023. The increase in net interest income of $5.5 million, or 7.7%, was primarily due to an increase in interest income that exceeded an increase in interest expense.

    The increase in interest income is attributable to increases in loans and interest-bearing deposits, partially offset by decreases in investment securities and FHLB stock. The increase in interest income is also attributable to the Federal Reserve’s interest rate increases during 2023 that continued until September 2024.

    The increase in market interest rates in 2023 that continued until September 2024 also caused an increase in our interest expense. As a result, the increase in interest expense for the nine months ended September 30, 2024 was due to an increase in the cost of funds on our deposits and borrowed money. The increase in interest expense was also due to increases in the balances on our certificates of deposits, our interest-bearing demand deposits, and our borrowed money, offset by a decrease in the balances of our savings and club deposits.

    Total interest and dividend income increased $24.2 million, or 25.4%, to $119.5 million for the nine months ended September 30, 2024 from $95.4 million for the nine months ended September 30, 2023. The increase in interest and dividend income was due to an increase in the average balance of interest earning assets of $332.7 million, or 22.7%, to $1.8 billion for the nine months ended September 30, 2024 from $1.5 billion for the nine months ended September 30, 2023 and an increase in the yield on interest earning assets by 19 basis points from 8.66% for the nine months ended September 30, 2023 to 8.85% for the nine months ended September 30, 2024.

    Interest expense increased $18.7 million, or 79.9%, to $42.0 million for the nine months ended September 30, 2024 from $23.4 million for the nine months ended September 30, 2023. The increase in interest expense was due to an increase in the cost of interest bearing liabilities by 101 basis points from 3.35% for the nine months ended September 30, 2023 to 4.36% for the nine months ended September 30, 2024, and an increase in average interest bearing liabilities of $355.6 million, or 38.2%, to $1.3 billion for the nine months ended September 30, 2024 from $931.5 million for the nine months ended September 30, 2023.

    Net interest margin decreased 80 basis points, or 12.2%, for the nine months ended September 30, 2024 to 5.74% compared to 6.54% for the nine months ended September 30, 2023.

    Credit Loss Expense

    The Company recorded a credit loss expense reduction totaling $286,000 for the nine months ended September 30, 2024 compared to a credit loss expense totaling $767,000 for the nine months ended September 30, 2023. The credit loss expense reduction of $286,000 for the nine months ended September 30, 2024 was comprised of a credit loss expense reduction for loans of $145,000, a credit loss expense reduction for off-balance sheet commitments of $130,000, and a credit loss expense reduction for held-to-maturity investment securities of $11,000. The credit loss expense reduction for loans of $145,000 for the nine months ended September 30, 2024 was primarily attributed to favorable trends in the economy.   The credit loss expense reduction for off-balance sheet commitments of $130,000 for the nine months ended September 30, 2024 was primarily attributed to a reduction of $69.1 million in the level of off-balance sheet commitments, partially offset by an increase in the weighted average remaining maturity for the aggregate unfunded off-balance sheet commitments during the quarter ended September 30, 2024.

    The credit loss expense of $767,000 for the nine months ended September 30, 2023 was comprised of credit loss expense for loans of $1.2 million, partially offset by a credit loss expense reduction for off-balance sheet commitments of $395,000 and credit loss expense reduction for held-to-maturity investment securities of $1,000.

    We charged-off $115,000 during the nine months ended September 30, 2024 as compared to charge-offs of $285,000 during the nine months ended September 30, 2023. The charge-offs of $115,000 during the nine months ended September 30, 2024 were against various unpaid overdrafts in our demand deposit accounts. The charge-offs of $285,000 during the nine months ended September 30, 2023 were comprised of a charge-off of $159,000 related to three performing construction loans on the same project whereby we sold the loans to a third-party subsequent to June 30, 2023 at a loss of $159,000. The remaining charge-offs of $126,000 for the 2023 period were against various unpaid overdrafts in our demand deposit accounts.

    We recorded no recoveries from previously charged-off loans during the nine months ended September 30, 2024 and 2023.

    Non-Interest Income

    Non-interest income for the nine months ended September 30, 2024 was $2.6 million compared to non-interest income of $2.4 million for the nine months ended September 30, 2023. The increase of $277,000, or 11.8%, in total non-interest income was primarily due to increases of $772,000 in unrealized gains on equity securities, $196,000 in other loan fees and service charges, and $23,000 in miscellaneous other non-interest income, offset by decreases of $371,000 in BOLI income and $343,000 in investment advisory fees.

    The increase in unrealized gain (loss) on equity securities was due to an unrealized gain of $445,000 on equity securities during the nine months ended September 30, 2024 compared to an unrealized loss of $327,000 on equity securities during the nine months ended September 30, 2023. The unrealized gain of $445,000 on equity securities during the 2024 period was due to market interest rate volatility during the nine months ended September 30, 2024.

    The increase of $196,000 in other loan fees and service charges was due to increases of $164,000 in other loan fees and loan servicing fees, $27,000 in ATM/debit card/ACH fees, and $5,000 in savings account fees.

    The decrease in BOLI income was primarily due to two death claims totaling $1.8 million on BOLI policies that resulted in additional BOLI income of $404,000 in the nine months ended September 30, 2023. The decrease in investment advisory fees was due to the disposition in January 2024 of the Bank’s assets relating to the Harbor West Wealth Management Group. As a result of the transaction, the Bank no longer generates investment advisory fees.

    Non-Interest Expense

    Non-interest expense increased $3.2 million, or 12.1%, to $29.1 million for the nine months ended September 30, 2024 from $26.0 million for the nine months ended September 30, 2023. The increase resulted primarily from increases of $1.7 million in salaries and employee benefits, $800,000 in other operating expense, $475,000 in real estate owned expense, $286,000 in outside data processing expense, and $226,000 in occupancy expense, partially offset by decreases of $183,000 in equipment expense and $110,000 in advertising expense.

    Income Taxes

    We recorded income tax expense of $14.4 million and $13.4 million for the nine months ended September 30, 2024 and 2023, respectively. For the nine months ended September 30, 2024, we had approximately $597,000 in tax exempt income, compared to approximately $956,000 in tax exempt income for the nine months ended September 30, 2023. The decrease in tax exempt income was due to two death claims totaling $1.8 million on BOLI policies during the nine months ended September 30, 2023. Our effective income tax rates were 28.1% and 28.2% for the nine months ended September 30, 2024 and 2023, respectively.

    Asset Quality

    Non-performing assets were $5.4 million at September 30, 2024 compared to $5.8 million at December 31, 2023. At September 30, 2024 and December 31, 2023, we had two non-performing construction loans totaling $4.4 million secured by the same project located in the Bronx, New York. We successfully foreclosed on these two loans on October 21, 2024 and the balances were transferred to foreclosed real estate. The other non-performing assets consisted of one foreclosed property at September 30, 2024 and December 31, 2023. Our ratio of non-performing assets to total assets remained low at 0.27% at September 30, 2024 as compared to 0.33% at December 31, 2023.

    The Company’s allowance for credit losses related to loans was $4.8 million, or 0.27% of total loans as of September 30, 2024, compared to $5.1 million, or 0.32% of total loans, as of December 31, 2023. Based on a review of the loans that were in the loan portfolio at September 30, 2024, management believes that the allowance for credit losses related to loans is maintained at a level that represents its best estimate of inherent losses in the loan portfolio that were both probable and reasonably estimable.

    In addition, at September 30, 2024, the Company’s allowance for credit losses related to off-balance sheet commitments totaled $908,000 and the allowance for credit losses related to held-to-maturity debt securities totaled $126,000.

    Capital

    The Company’s total stockholders’ equity to assets ratio was 15.73% as of September 30, 2024.   At September 30, 2024, the Company had the ability to borrow $832.1 million from the Federal Reserve Bank of New York, $14.8 million from the Federal Home Loan Bank of New York and $8.0 million from Atlantic Community Bankers Bank.

    The Bank’s capital position remains strong relative to current regulatory requirements and the Bank is considered a well-capitalized institution under the Prompt Corrective Action framework. As of September 30, 2024, the Bank had a tier 1 leverage capital ratio of 14.76% and a total risk-based capital ratio of 14.04%.

    The Company completed its first stock repurchase program on April 14, 2023 whereby the Company repurchased 1,637,794 shares, or 10%, of the Company’s issued and outstanding common stock. The cost of the stock repurchase program totaled $23.0 million, including commission costs and Federal excise taxes.   Of the total shares repurchased under this program, 957,275 of such shares were repurchased during 2023 at a total cost of $13.7 million, including commission costs and Federal excise taxes.

    The Company commenced its second stock repurchase program on May 30, 2023 whereby the Company will repurchase 1,509,218, or 10%, of the Company’s issued and outstanding common stock. As of September 30, 2024, the Company had repurchased 1,091,174 shares of common stock under its second repurchase program, at a cost of $17.2 million, including commission costs and Federal excise taxes.

    About NorthEast Community Bancorp

    NorthEast Community Bancorp, headquartered at 325 Hamilton Avenue, White Plains, New York 10601, is the holding company for NorthEast Community Bank, which conducts business through its eleven branch offices located in Bronx, New York, Orange, Rockland, and Sullivan Counties in New York and Essex, Middlesex, and Norfolk Counties in Massachusetts and three loan production offices located in New City, New York, White Plains, New York, and Danvers, Massachusetts. For more information about NorthEast Community Bancorp and NorthEast Community Bank, please visit www.necb.com.

    Forward Looking Statement

    This press release contains certain forward-looking statements. Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” These statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements as a result of numerous factors. Factors that could cause actual results to differ materially from expected results include, but are not limited to, changes in market interest rates, regional and national economic conditions (including higher inflation and its impact on regional and national economic conditions), legislative and regulatory changes, monetary and fiscal policies of the United States government, including policies of the United States Treasury and the Federal Reserve Board, the quality and composition of the loan or investment portfolios, demand for loan products, decreases in deposit levels necessitating increased borrowing to fund loans and securities, competition, demand for financial services in NorthEast Community Bank’s market area, changes in the real estate market values in NorthEast Community Bank’s market area, the impact of failures or disruptions in or breaches of the Company’s operational or security systems, data or infrastructure, or those of third parties, including as a result of cyberattacks or campaigns, and changes in relevant accounting principles and guidelines. Additionally, other risks and uncertainties may be described in our annual and quarterly reports filed with the U.S. Securities and Exchange Commission (the “SEC”), which are available through the SEC’s website located at www.sec.gov. These risks and uncertainties should be considered in evaluating any forward-looking statements and undue reliance should not be placed on such statements. Except as required by applicable law or regulation, the Company does not undertake, and specifically disclaims any obligation, to release publicly the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of the statements or to reflect the occurrence of anticipated or unanticipated events.

    CONTACT: Kenneth A. Martinek
      Chairman and Chief Executive Officer
       
    PHONE: (914) 684-2500
       
    NORTHEAST COMMUNITY BANCORP, INC.
    CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION
    (Unaudited)
     
      September 30,   December 31,
      2024   2023
      (In thousands, except share
      and per share amounts)
    ASSETS          
    Cash and amounts due from depository institutions $ 16,023     $ 13,394  
    Interest-bearing deposits   81,766       55,277  
    Total cash and cash equivalents   97,789       68,671  
    Certificates of deposit   100       100  
    Equity securities   20,547       18,102  
    Securities held-to-maturity (net of allowance for credit losses of $126 and $136, respectively)   15,061       15,860  
    Loans receivable   1,760,504       1,586,721  
    Deferred loan (fees) costs, net   (245 )     176  
    Allowance for credit losses   (4,833 )     (5,093 )
    Net loans   1,755,426       1,581,804  
    Premises and equipment, net   24,945       25,452  
    Investments in restricted stock, at cost   712       929  
    Bank owned life insurance   25,568       25,082  
    Accrued interest receivable   13,463       12,311  
    Real estate owned   978       1,456  
    Property held for investment   1,380       1,407  
    Right of Use Assets – Operating   4,144       4,566  
    Right of Use Assets – Financing   348       351  
    Other assets   7,496       8,044  
    Total assets $ 1,967,957     $ 1,764,135  
    LIABILITIES AND STOCKHOLDERS’ EQUITY          
    Liabilities:          
    Deposits:          
    Non-interest bearing $ 267,592     $ 300,184  
    Interest bearing   1,360,475       1,099,852  
    Total deposits   1,628,067       1,400,036  
    Advance payments by borrowers for taxes and insurance   2,462       2,020  
    Borrowings   7,000       64,000  
    Lease Liability – Operating   4,241       4,625  
    Lease Liability – Financing   599       571  
    Accounts payable and accrued expenses   15,965       13,558  
    Total liabilities   1,658,334       1,484,810  
               
    Stockholders’ equity:          
    Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued or outstanding $ —     $ —  
    Common stock, $0.01 par value; 75,000,000 shares authorized; 14,020,602 shares and 14,144,856 shares outstanding, respectively   140       142  
    Additional paid-in capital   109,368       109,924  
    Unearned Employee Stock Ownership Plan (“ESOP”) shares   (5,911 )     (6,563 )
    Retained earnings   205,699       175,505  
    Accumulated other comprehensive income   327       317  
    Total stockholders’ equity   309,623       279,325  
    Total liabilities and stockholders’ equity $ 1,967,957     $ 1,764,135  
               
    NORTHEAST COMMUNITY BANCORP, INC.
    CONSOLIDATED STATEMENTS OF INCOME
    (Unaudited)
     
      Three Months Ended September 30,   Nine Months Ended September 30,
      2024   2023   2024   2023
                  (In thousands, except per share amounts)
    INTEREST INCOME:                      
    Loans $ 39,484   $ 33,757     $ 114,821     $ 91,826  
    Interest-earning deposits   1,472     1,181       4,058       2,886  
    Securities   227     199       662       650  
    Total Interest Income   41,183     35,137       119,541       95,362  
    INTEREST EXPENSE:                      
    Deposits   14,630     9,889       40,459       23,050  
    Borrowings   257     109       1,559       299  
    Financing lease   10     10       29       28  
    Total Interest Expense   14,897     10,008       42,047       23,377  
    Net Interest Income   26,286     25,129       77,494       71,985  
    Provision for (reversal of) credit loss   105     156       (286 )     767  
    Net Interest Income after Provision for (Reversal of) Credit Loss   26,181     24,973       77,780       71,218  
    NON-INTEREST INCOME:                      
    Other loan fees and service charges   589     364       1,613       1,417  
    Earnings on bank owned life insurance   167     153       486       857  
    Investment advisory fees   –     114       –       343  
    Unrealized gain (loss) on equity securities   547     (430 )     445       (327 )
    Other   46     20       90       67  
    Total Non-Interest Income   1,349     221       2,634       2,357  
    NON-INTEREST EXPENSES:                      
    Salaries and employee benefits   5,135     4,700       15,738       14,079  
    Occupancy expense   735     616       2,116       1,890  
    Equipment   187     240       661       844  
    Outside data processing   681     569       1,924       1,638  
    Advertising   128     133       310       420  
    Real estate owned expense   488     11       527       52  
    Other   2,607     2,646       7,864       7,064  
    Total Non-Interest Expenses   9,961     8,915       29,140       25,987  
    INCOME BEFORE PROVISION FOR INCOME TAXES   17,569     16,279       51,274       47,588  
    PROVISION FOR INCOME TAXES   4,883     4,436       14,416       13,413  
    NET INCOME $ 12,686   $ 11,843     $ 36,858     $ 34,175  
                           
    NORTHEAST COMMUNITY BANCORP, INC.
    SELECTED CONSOLIDATED FINANCIAL DATA
    (Unaudited)
     
      Three Months Ended September 30,   Nine Months Ended September 30,
      2024   2023   2024   2023
      (In thousands, except per share amounts)   (In thousands, except per share amounts)
    Per share data:                      
    Earnings per share – basic $ 0.97     $ 0.80     $ 2.81     $ 2.42  
    Earnings per share – diluted   0.95       0.80       2.78       2.41  
    Weighted average shares outstanding – basic   13,075       14,743       13,108       14,143  
    Weighted average shares outstanding – diluted   13,417       14,822       13,279       14,192  
    Performance ratios/data:                      
    Return on average total assets   2.62 %     2.87 %     2.61 %     2.95 %
    Return on average shareholders’ equity   16.48 %     17.26 %     16.55 %     16.95 %
    Net interest income $ 26,286     $ 25,129     $ 77,494     $ 71,985  
    Net interest margin   5.68 %     6.40 %     5.74 %     6.54 %
    Efficiency ratio   36.04 %     35.17 %     36.37 %     34.96 %
    Net charge-off ratio   0.02 %     0.02 %     0.01 %     0.03 %
                           
    Loan portfolio composition:               September 30, 2024     December 31, 2023
    One-to-four family             $ 3,507     $ 5,252  
    Multi-family               202,516       198,927  
    Mixed-use               28,399       29,643  
    Total residential real estate               234,422       233,822  
    Non-residential real estate               30,312       21,130  
    Construction               1,368,222       1,219,413  
    Commercial and industrial               125,520       111,116  
    Consumer               2,028       1,240  
    Gross loans               1,760,504       1,586,721  
    Deferred loan (fees) costs, net               (245 )     176  
    Total loans             $ 1,760,259     $ 1,586,897  
    Asset quality data:                      
    Loans past due over 90 days and still accruing             $ –     $ –  
    Non-accrual loans               4,413       4,385  
    OREO property               978       1,456  
    Total non-performing assets             $ 5,391     $ 5,841  
                           
    Allowance for credit losses to total loans               0.27 %     0.32 %
    Allowance for credit losses to non-performing loans               109.52 %     116.15 %
    Non-performing loans to total loans               0.25 %     0.28 %
    Non-performing assets to total assets               0.27 %     0.33 %
                           
    Bank’s Regulatory Capital ratios:                      
    Total capital to risk-weighted assets               14.04 %     14.11 %
    Common equity tier 1 capital to risk-weighted assets               13.76 %     13.78 %
    Tier 1 capital to risk-weighted assets               13.76 %     13.78 %
    Tier 1 leverage ratio               14.76 %     16.21 %
                               
    NORTHEAST COMMUNITY BANCORP, INC.
    NET INTEREST MARGIN ANALYSIS
    (Unaudited)
     
      Three Months Ended September 30, 2024   Three Months Ended September 30, 2023
      Average   Interest   Average   Average   Interest   Average
      Balance   and dividend   Yield   Balance   and dividend   Yield
      (In thousands, except yield/cost information)   (In thousands, except yield/cost information)
    Loan receivable gross $ 1,717,875     $ 39,484     9.19 %   $ 1,446,946     $ 33,757     9.33 %
    Securities   34,920       212     2.43 %     33,754       181     2.14 %
    Federal Home Loan Bank stock   712       15     8.43 %     929       18     7.75 %
    Other interest-earning assets   98,903       1,472     5.95 %     88,156       1,181     5.36 %
    Total interest-earning assets   1,852,410       41,183     8.89 %     1,569,785       35,137     8.95 %
    Allowance for credit losses   (4,914 )                 (4,404 )            
    Non-interest-earning assets   90,313                   85,133              
    Total assets $ 1,937,809                 $ 1,650,514              
                                       
    Interest-bearing demand deposit $ 228,975     $ 2,423     4.23 %   $ 78,768     $ 522     2.65 %
    Savings and club accounts   140,047       848     2.42 %     235,613       1,624     2.76 %
    Certificates of deposit   946,290       11,359     4.80 %     707,142       7,743     4.38 %
    Total interest-bearing deposits   1,315,312       14,630     4.45 %     1,021,523       9,889     3.87 %
    Borrowed money   23,603       267     4.52 %     15,631       119     3.05 %
    Total interest-bearing liabilities   1,338,915       14,897     4.45 %     1,037,154       10,008     3.86 %
    Non-interest-bearing demand deposit   271,207                   322,213              
    Other non-interest-bearing liabilities   19,758                   16,694              
    Total liabilities   1,629,880                   1,376,061              
    Equity   307,929                   274,453              
    Total liabilities and equity $ 1,937,809                 $ 1,650,514              
                                       
    Net interest income / interest spread       $ 26,286     4.44 %         $ 25,129     5.09 %
    Net interest rate margin               5.68 %                 6.40 %
    Net interest earning assets $ 513,495                 $ 532,631              
    Average interest-earning assets                                  
    to interest-bearing liabilities   138.35 %                 151.36 %            
                                           
    NORTHEAST COMMUNITY BANCORP, INC.
    NET INTEREST MARGIN ANALYSIS
    (Unaudited)
     
      Nine Months Ended September 30, 2024   Nine Months Ended September 30, 2023
      Average   Interest   Average   Average   Interest   Average
      Balance   and dividend   Yield   Balance   and dividend   Yield
      (In thousands, except yield/cost information)   (In thousands, except yield/cost information)
    Loan receivable gross $ 1,672,582     $ 114,821     9.15 %   $ 1,353,446     $ 91,826     9.05 %
    Securities   34,071       607     2.38 %     39,375       589     1.99 %
    Federal Home Loan Bank stock   752       55     9.75 %     1,002       61     8.12 %
    Other interest-earning assets   93,417       4,058     5.79 %     74,308       2,886     5.18 %
    Total interest-earning assets   1,800,822       119,541     8.85 %     1,468,131       95,362     8.66 %
    Allowance for credit losses   (4,977 )                 (4,640 )            
    Non-interest-earning assets   90,087                   83,200              
    Total assets $ 1,885,932                 $ 1,546,691              
                                       
    Interest-bearing demand deposit $ 202,097     $ 6,300     4.16 %   $ 84,920     $ 1,433     2.25 %
    Savings and club accounts   160,296       3,032     2.52 %     262,977       5,373     2.72 %
    Certificates of deposit   880,741       31,127     4.71 %     567,378       16,244     3.82 %
    Total interest-bearing deposits   1,243,134       40,459     4.34 %     915,275       23,050     3.36 %
    Borrowed money   43,916       1,588     4.82 %     16,216       327     2.69 %
    Total interest-bearing liabilities   1,287,050       42,047     4.36 %     931,491       23,377     3.35 %
    Non-interest-bearing demand deposit   282,786                   329,993              
    Other non-interest-bearing liabilities   19,163                   16,373              
    Total liabilities   1,588,999                   1,277,857              
    Equity   296,933                   268,834              
    Total liabilities and equity $ 1,885,932                 $ 1,546,691              
                                       
    Net interest income / interest spread       $ 77,494     4.49 %         $ 71,985     5.31 %
    Net interest rate margin               5.74 %                 6.54 %
    Net interest earning assets $ 513,772                 $ 536,640              
    Average interest-earning assets                                  
    to interest-bearing liabilities   139.92 %                 157.61 %            

    The MIL Network –

  • MIL-OSI USA: Physician Charged in Scheme to Illegally Sell Cancer Drugs

    Source: US Department of Health and Human Services – 3

    Department of Justice
    U.S. Attorney’s Office
    Eastern District of Michigan

    FOR IMMEDIATE RELEASE
    Friday, October 25, 2024

    Detroit – A Royal Oak physician was charged in an Indictment for his role in a multi-million-dollar scheme to illegally sell and divert expensive prescription cancer drugs, United States Attorney Dawn N. Ison announced.

    Joining Ison in the announcement were Special Agent in Charge Mario M. Pinto, U.S. Department of Health and Human Services, Office of Inspector General (HHS-OIG), Special Agent in Charge Cheyvoryea Gibson, Federal Bureau of Investigation (FBI), Special Agent in Charge Angie M. Salazar, Homeland Security Investigations (HSI), and Special Agent in Charge Ronne Malham, U.S. Food and Drug Administration (FDA).

    Charged in the Indictment is Dr. Naveed Aslam, age 51, of West Bloomfield, Michigan.

    The charges against Dr. Aslam include one count of conspiracy to illegally sell or trade prescription drugs and 10 counts of illegally selling or trading prescription drugs.

    According to the Indictment, by early 2019, and continuing through August 2023, Dr. Aslam, a licensed physician, worked with others to buy and sell expensive cancer drugs for profit and with the intent to defraud and mislead. The other individuals Dr. Aslam worked with identified customers interested in buying prescription cancer drugs, and they communicated with Dr. Aslam about what cancer drugs were requested. Dr. Aslam used his access to certain cancer drugs through his medical practice, Somerset Hematology and Oncology, P.C., to order and purchase the cancer drugs from his supplier. He then sold the cancer drugs to and through the other individuals’ company to the eventual customer. During this scheme, Dr. Aslam acquired and sold more than $17 million in prescription cancer drugs, and personally profited more than $2.5 million.

    “The safety and integrity of our country’s prescription drug supply lines – particularly for cancer drugs – is an important part of our health care system,” stated U.S. Attorney Ison. “As alleged, Dr. Aslam used his role as a physician to violate that integrity and divert prescription cancer drugs away from treating patients. My office is committed to prosecuting medical professionals who seek to profit, rather than protect, our health care system.”

    “Our agency is dedicated to ensuring that medical providers follow laws designed to protect both the integrity and solvency of Federal health care programs, as well as the beneficiaries they serve,” said Mario M. Pinto, Special Agent in Charge of the U.S. Department of Health and Human Services Office of Inspector General (HHS-OIG). “HHS-OIG will continue to work closely with our Federal law enforcement partners to thoroughly investigate allegations of fraud.”

    “Having the authority to prescribe medication is a privilege that comes with a profound responsibility. Physicians must safeguard against drug diversion,” said Cheyvoryea Gibson, Special Agent in Charge of the FBI in Michigan. “Dr. Aslam’s alleged participation in this scheme not only allowed him to profit unlawfully from the sale of cancer drugs, but it also posed a serious threat by potentially placing these medications into the wrong hands. This breach of trust is inexcusable, especially considering the critical nature of the drugs involved. The FBI is unwavering in its commitment to hold medical professionals accountable for exploiting their positions for personal gain and endangering community safety.”

    “Introducing diverted prescription drugs into the supply chain and selling them to unsuspecting consumers undermines the FDA safeguards designed to protect the public,” said Ronne Malham, Special Agent in Charge, FDA Office of Criminal Investigations, Chicago Field Office‎. “We remain committed to bringing to justice those who place their personal gain over the health of American consumers.”

    “A physician’s ethical responsibility is to their patients, not to selling cancer drugs under the table for profit,” said HSI Detroit Special Agent in Charge Angie M. Salazar. “We will protect patients against fraud, especially from those in positions of public trust who choose greed over public safety.”

    An indictment is only a charge and is not evidence of guilt.

    The case is being prosecuted by Assistant United States Attorney Andrew J. Lievense. Assistant United States Attorney Jessica A. Nathan of the Money Laundering & Asset Recovery Unit is handling related forfeiture matters. The investigation is being conducted jointly by the FBI, HHS-OIG, HSI, and the FDA.

    MIL OSI USA News –

  • MIL-OSI Security: October Federal Grand Jury 2024-B Indictments Announced

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

    United States Attorney Clint Johnson today announced the results of the October Federal Grand Jury 2024-B Indictments.

    The following individuals have been charged with violations of United States law in indictments returned by the Grand Jury. The return of an indictment is a method of informing a defendant of alleged violations of federal law, which must be proven in a court of law beyond a reasonable doubt to overcome a defendant’s presumption of innocence.

    Lawrence Francis Michael Bady. Felon in Possession of a Firearm and Ammunition. Bady, 33, transient, is charged with possessing a firearm and ammunition, knowing he was previously convicted of felonies. The Bureau of Alcohol, Tobacco, Firearms and Explosives and the Tulsa Police Department are the investigative agencies. Assistant U.S. Attorney Niko Boulieris is prosecuting the case. 24-CR-340

    Paul Jimenez Diaz; Saul Peña Becerra. Drug Conspiracy; Possession of Fentanyl with Intent to Distribute; Possession of Heroin with Intent to Distribute; Possession of Methamphetamine with Intent to Distribute; Possession of Cocaine with Intent to Distribute; Maintaining a Drug-Involved Premises (superseding). Diaz, 37, and Becerra, 20, Mexican Nationals, are charged with conspiring to distribute fentanyl, heroin, methamphetamine, and cocaine. Diaz knowingly possessed more than 500 grams of fentanyl, 100 grams of heroin, and more than 50 grams of methamphetamine. They also are charged with maintaining a residence for the distribution of drugs. Becerra is charged with knowingly possessing cocaine to distribute it and possessing more than 500 grams of methamphetamine. The Drug Enforcement Administration, Homeland Security Investigation, and the Tulsa Police Department are the investigative agencies. Assistant U.S. Attorney Mandy M. Mackenzie is prosecuting the case. 24-CR-323

    Kourtney Dawn Haley. Possession of Methamphetamine with Intent to Distribute; Maintaining a Drug-Involved Premises. Haley, 44, of Tulsa and a member of the Muscogee (Creek) Nation, is charged with knowingly possessing methamphetamine with intent to distribute and maintaining a residence to distribute methamphetamine. The Drug Enforcement Administration and the Tulsa Police Department are the investigative agencies. Assistant U.S. Attorney David A. Nasar is prosecuting the case. 24-CR-330

    Joseph Matthew Hough.  Domestic Assault in Indian Country by a Habitual Offender. Hough, 48, of Tulsa and a member of the Cherokee Nation, is charged with domestic assault after receiving felony convictions for domestic assault in Tulsa County District Court. The FBI and the Tulsa Police Department are the investigative agencies. Assistant U.S. Attorneys Melissa Weems and Stacey P. Todd are prosecuting the case. 24-CR-331

    Hilario Lucas Mendoza. Unlawful Reentry of a Removed Alien. Mendoza, 42, a Mexican national, is charged with unlawfully reentering the United States after having been removed in Dec. 2009. U.S. Immigration and Custom’s Enforcement and Removal Operations is the investigative agency. Assistant U.S. Attorney Niko Boulieris is prosecuting the case. 24-CR-332

    James Dernest Mims, Jr. Felon in Possession of a Firearm and Ammunition; Possession of a Stolen Firearm. Mims, 26, of Virginia, is charged with possessing a firearm and ammunition, knowing he was previously convicted of felonies. Additionally, Mims possessed a stolen firearm. The Bureau of Alcohol, Tobacco, Firearms and Explosives and the Tulsa Police Department are the investigative agencies. Assistant U.S. Attorney Scott Dunn is prosecuting the case. 24-CR-334

    Jesse Lane Mitchell; Jacklyn Paige Roberts. Aggravated Sexual Abuse of a Minor Under 12 Years of Age in Indian Country; Coercion and Enticement of a Minor; Child Neglect in Indian Country. Mitchell, 35, and Roberts, 32, a member of the Cherokee Nation of Oklahoma, both of Collinsville, are charged with knowingly engaging in a sexual act with a minor child under 12 years old between Jan. 2023 and Apr. 2024. Mitchell is further charged with coercing and enticing a minor child under 18 years old to engage in sexual activity. From Jan. 2023 through Aug. 2024, Roberts willfully failed to protect and adequately supervise a child. Homeland Security Investigations and the Collinsville Police Department are the investigative agencies. Assistant U.S. Attorneys Stephanie Ihler and Stephen Scaife are prosecuting the case. 24-CR-342

    Brian Scott Perry. Felon in Possession of a Firearm and Ammunition. Perry, 46, of Tulsa, is charged with possessing a firearm and ammunition, knowing he was previously convicted of felonies. The Bureau of Alcohol, Tobacco, Firearms and Explosives and the Tulsa Police Department are the investigative agencies. Assistant U.S. Attorneys Valeria Luster and Matthew Cyran are prosecuting the case. 24-CR-339

    Arlando Maurice Williams. Felon in Possession of a Firearm and Ammunition. Williams, 25, of Sapulpa, is charged with possessing a firearm and ammunition, knowing he was previously convicted of felonies. The Bureau of Alcohol, Tobacco, Firearms and Explosives and the Oklahoma Highway Patrol are the investigative agencies. Assistant U.S. Attorney Niko Boulieris is prosecuting the case. 24-CR-333

    Michael Brandon Williams. Felon in Possession of a Firearm and Ammunition; False Impersonation of an Officer or Employee of the United States. Williams, 43, of Bixby, is charged with possessing a firearm and ammunition, knowing he was previously convicted of felonies. Additionally, Williams was charged with pretending to be an FBI agent. The FBI and Bixby Police Department are the investigative agencies. Assistant U.S. Attorney Adam C. Bailey is prosecuting the case. 24-CR-336

    MIL Security OSI –

  • MIL-OSI Global: What to do if your vote is challenged: Practical advice from a civil rights attorney for Election Day

    Source: The Conversation – USA – By Karen Figueroa-Clewett, Lecturer, Agents of Change program, Department of Political Science and International Relations, USC Dornsife College of Letters, Arts and Sciences

    Stickers on a table on the first day of Virginia’s in-person early voting, Sept. 20, 2024, in Arlington. Andrew Harnik/Getty Images

    With the general election drawing close, it’s important to know your rights in case your vote is challenged.

    The best way to ensure that your vote is counted is to advocate for yourself. I’m a civil rights attorney and lecturer for the University of Southern California’s undergraduate civil rights advocacy initiative, Agents of Change. Here are several straightforward ways to ensure your vote is counted and two practical remedies for you to consider if your vote remains challenged.

    A major part of ensuring that you are able to vote is doing the necessary preparation before you even get to the polling place. Read on to find out how and where to register, where and when you can cast your ballot, and what numbers to call for any information you can’t find online.

    Are you registered to vote? Check it out

    Before you vote, you need to ensure that you’re registered to vote. You can verify your registration status using this tool. If you can’t use an online tool, then call your local election office or a voter help line like the ones listed in the hotline section below.

    If you find you’re not registered, you can use this tool from the National Conference of State Legislatures to find your state’s online registration application. If you need to do this in person, then call your local election office for instructions.

    At this point, you may have missed your state’s deadline for voter registration. But it may not be too late to register.

    Many states allow same-day registration at the polling site. You can find your state’s same-day voter laws detailed here. Ask the poll worker, at the correct polling location, for a same-day registration form; complete the form and then ask for a “conditional ballot.” A conditional ballot allows election officials to count your vote after verifying your voter eligibility. If you can’t research online, you can call your local election office to find out if you can register on Election Day.

    Marchellos Scott, right, helps Morehouse College students fill out a voter registration form at a college registration booth on Aug. 19, 2024, in Atlanta.
    Elijah Nouvelage / AFP via Getty Images

    Gather documents to verify your identity

    If you live in a state that requires identity verification to vote in person, gather the required documents – which may range from a driver’s license to bank statements with identifying information – before traveling to the correct polling place. You can find your county election office’s contact information here. This webpage includes a table listing each state’s acceptable ID documents and possible exceptions for some people. You may also call your local election office to find out what’s required.

    Absentee voters: Locate your state’s identity verification rules here.

    Find the correct polling location

    You can ensure that you’re headed to the right polling place with this tool. Or call your county election office to find your polling place and its hours of operation; you can look up your county’s election office contact information here.

    Once you know your polling place and its hours, you can go there and check in. In most cases, you’ll be handed a ballot, shown where to vote and asked to put your ballot in a machine or a box, and then you can go merrily along your way.

    But the moment of check-in is where things might go wrong.

    Problems at your polling place

    Here are potential vote challenges and ways to overcome them.

    Possibility No. 1: Out-of-order polling machines.

    If you’re asked to leave because of malfunctioning machines, don’t. Instead, ask for a paper ballot.

    Possibility No. 2: You’re in line and officials announce the polls have closed.

    If you’re in line at the polling location before it closes, don’t let them turn you away at closing time if you haven’t voted. You have the legal right to vote under those circumstances, so stay in line and wait to cast your ballot.

    Possibility No. 3: You’re not on the registered voters list.

    If you’re told you can’t vote because your name is not on the voter roster, ask the poll site worker to check again and to check what’s called the list of supplemental voters. If they still can’t find your name, ask the poll worker to verify that you’re at the right location.

    Poll workers want you to vote. But sometimes there are problems.
    Brendan Smialowski/AFP via Getty Images

    Possibility No. 4: Someone claims you shouldn’t be allowed to vote.

    If your voting eligibility remains challenged after ensuring you’re at the right polling location, ask to cast a provisional ballot, which is available in every state except Idaho and Minnesota. You can find details about your particular state’s provisional ballot rules here.

    Track your provisional ballot here.

    Call a hotline

    If you are not given a provisional ballot, call an election hotline for help. Here are four hotlines, run by members of the nonpartisan Election Protection coalition, that can help you:

    English: 866-OUR-VOTE/866-687-8683, the Lawyers’ Committee for Civil Rights Under Law

    Spanish: 888-VE-Y-VOTA/888-839-8682, the National Association of Latino Elected and Appointed Officials Education Fund

    Asian Languages: 888-API-VOTE/888-274-8683, Asian and Pacific Islander American Vote

    Arabic: 844-YALLA-US/844-925-5287, Arab American Institute

    Report voter intimidation

    If someone tries to scare you into voting or not voting for a candidate, stand your ground and demand a ballot from the poll site, call one of the hotlines above to report the intimidation, and file a claim with the FBI later by phone at 800-CALL-FBI – 800-225-5324 – or online at tips.fbi.gov.

    File a lawsuit

    If you are still blocked from voting, consider legal action – but get advice on your exact situation from one of the hotlines, which have free lawyers on hand. It’s a good idea to write down the names of people who prevented you from voting and to ask people who witnessed the incident for their contact information.

    Leer in español

    This is an updated version of a story that was originally published on Nov. 2, 2022.

    Karen Figueroa-Clewett does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. What to do if your vote is challenged: Practical advice from a civil rights attorney for Election Day – https://theconversation.com/what-to-do-if-your-vote-is-challenged-practical-advice-from-a-civil-rights-attorney-for-election-day-239066

    MIL OSI – Global Reports –

  • MIL-OSI Canada: Five Eyes intelligence partners launch shared security advice initiative for tech companies, researchers, and investors

    Source: Government of Canada News

    Today, members of the Five Eyes intelligence alliance launched Secure Innovation, a shared security advice initiative to help protect emerging technology companies, researchers, and investors from a range of threats, particularly those from state actors.

    October 28, 2024 – Ottawa, Ontario

    Today, members of the Five Eyes intelligence alliance launched Secure Innovation, a shared security advice initiative to help protect emerging technology companies, researchers, and investors from a range of threats, particularly those from state actors.

    The launch of this joint protective security guidance is aimed at protecting the tech sector from national security threats. It follows last October’s historic summit that brought together the principals of the domestic security intelligence agencies from Australia, Canada, New Zealand, the United Kingdom (UK), and the United States (US) to announce Five Shared Principles to protect technology companies.

    The Emerging Technology and Securing Innovation Security Summit’s objective was to alert civil society to the pernicious economic espionage activities of hostile state actors. These state actors target and steal technology and research from Five Eyes economies.

    Secure Innovation provides the tech sector with a set of cost-effective measures that companies can take to better protect their ideas, reputation and future success.   

    Secure Innovation demonstrates the increased commitment from all Five Eyes nations to work collaboratively against this shared threat. Businesses in Australia, Canada, New Zealand, the UK and the US can take advantage of a collection of Secure Innovation resources, guidance and products, which are now available across all Five Eyes countries.

    This means companies can benefit from consistent advice reflecting both the globalised and interconnected tech start up ecosystem as well as the global nature of the security threats start-ups face.

    The world of national security and intelligence has evolved rapidly in the last several years, and accordingly the way we work has as well. CSIS’ strong relationships with community partners, businesses, and academia are crucial to building resilience against national security threats. Earning the trust of Canadians is foundational to that effort.

    CSIS is committed to continuing its engagement with Five Eyes partners, and will be releasing more resources in the future to assist various partners across multiple sectors mitigate threats to Canada’s economic security.

    Quote

    “Innovation drives collective prosperity and security, yet the threats to innovation are increasing in both scale and complexity. To meet this challenge, CSIS and our Five Eyes partners have launched the Secure Innovation security advice initiative to help build security awareness among tech companies, researchers, and investors in the Five Eyes to ensure the safety, security, and prosperity of our respective economies.”

    –          Dan Rogers, Director, CSIS

    Associated Links

    Contacts

    Media Relations
    Canadian Security Intelligence Service
    613-231-0100
    Media-medias@smtp.gc.ca

    MIL OSI Canada News –

  • MIL-OSI Asia-Pac: Union Minister Dr. Jitendra Singh Inaugurates new complex of India’s first Biomanufacturing Institute “BRIC-National Agri-Food Bio-Manufacturing Institute” at Mohali;

    Source: Government of India

    Union Minister Dr. Jitendra Singh Inaugurates new complex of India’s first Biomanufacturing Institute “BRIC-National Agri-Food Bio-Manufacturing Institute” at Mohali;

    Emphasizes Science-Driven Growth for “Viksit Bharat”

    Transformation from traditional manufacturing to synthetic production through sustainable, eco-friendly solutions that rely on modern, cost-effective technology;

    From “Fragile Five” to “First Five”: Minister Attributes India’s Economic Rise to Science-Driven Strategy

    BioNest Incubation Centre Launched to Boost Industry Collaboration and Nurture Startups

    Dr. Jitendra Singh Announces Biomanufacturing Workshop to Explore Sustainable Innovations Across Key Sectors

    Posted On: 28 OCT 2024 6:30PM by PIB Delhi

    Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology, Earth Sciences, PMO, Atomic Energy, Space, and Personnel, Public Grievances and Pensions today inaugurated the new complex of India’s first Biomanufacturing Institute, “BRIC-National Agri-Food Bio-Manufacturing Institute” (BRIC-NABI) aimed at enhancing India’s agri-food sector through advanced biotechnology.

    Addressing the assembly of scientists, industry leaders, and stakeholders,the Minister emphasized the government’s dedication to fostering innovation in agriculture, creating job opportunities, and promoting environmental sustainability—essential elements in achieving Prime Minister Narendra Modi’s vision of “Viksit Bharat.”

    During the inauguration, Dr. Jitendra Singh underscored the Modi government’s robust prioritization of science and technology, referencing recent landmark decisions such as the newly launched BioE3 policy. This initiative, which stands for biotechnology in the service of the economy, employment, and the environment, exemplifies the administration’s focus on fostering a high-impact science sector. “Biotechnology and synthetic production will not only transform agriculture but redefine India’s role in global scientific advancements,” stated the Minister.

    In his address, Dr. Jitendra Singh noted that India is among the first nations to implement an exclusive biotechnology policy. This shift, he emphasized, will propel a significant transformation from traditional manufacturing to synthetic production through sustainable, eco-friendly solutions that rely on modern, cost-effective technology. The Minister lauded India’s rapid rise from “fragile five” to “first five” in global economic standing, crediting this progress to the government’s science-focused strategy.
     

    The BRIC-National Agri-Food Biomanufacturing Institute (BRIC-NABI), formed through the strategic merger of NABI and CIAB, is poised to transform India’s agricultural landscape by uniting biotechnology and bioprocessing expertise. This newly established entity aims to streamline the journey from research to commercialization, facilitating pilot-scale production and delivering innovative agri-tech solutions to the market.

     

    Dr. Jitendra Singh highlighted that this consolidation would drive efficiency in agricultural R&D, paving the way for high-yield, disease-resistant crops, biofertilizers, and biopesticides. These advancements not only align with the government’s ambition to double farmers’ incomes but also promote sustainable, eco-friendly practices, creating new income avenues for farmers and supporting broader environmental objectives.

     

    A significant highlight was the establishment of the BioNest Incubation Centre, designed as a collaborative hub for industry partnerships, innovation, and public-private initiatives to nurture startups. The BioNEST BRIC-NABI Incubation Center aims to empower local youth, women, and farmers by supporting startups in agriculture, food, and bioprocessing, bridging research with industry for faster commercialization of agri-food innovations.

    Through joint efforts with both public and private sectors, the Minister said, BioNEST strives to drive inclusive economic growth, aligning with the “Make in India” vision and advancing India’s journey toward self-reliance. Dr. Jitendra Singh emphasized the need for active private sector involvement, noting that investment in such incubators can unlock market potential and provide sustainable employment for India’s young workforce.

    In line with its mission to advance biomanufacturing, Dr. Jitendra Singh announced the Biomanufacturing Workshop 1.0, set to take place in December 2024. This pioneering workshop will delve into biomanufacturing’s applications across agriculture, food, pharmaceuticals, and energy, offering insights into cutting-edge techniques that harness biological systems for sustainable production.

    Aimed at researchers and industry professionals, this event supports the government’s BioE3 policy and reflects India’s commitment to eco-friendly, innovation-driven industrial growth, the Minister noted.

    Dr Jitendra Singh also addressed the brain drain of Indian scientists, encouraging young talent to pursue research and entrepreneurship within India, emphasizing the country’s competitive resources and a growing scientific ecosystem that rivals global institutions. This national focus on developing indigenous expertise, he believes, will strengthen India’s global influence in science and innovation.

    The establishment of the BRIC-National Agri-Food Bio-Manufacturing Institute marks a pivotal step in India’s journey toward an integrated, science-powered economy, aligned with the Modi government’s ambitious development goals. Through initiatives like BioE3 and BioNest, India positions itself not only as a knowledge leader but as a dynamic incubator of innovation that is ready to contribute to sustainable growth worldwide. Dr. Jitendra Singh’s message was clear: the advancement of India’s agri-food sector will be pivotal to building a resilient, forward-thinking nation.

    *****

    NKR/KS/AG

    (Release ID: 2068961) Visitor Counter : 27

    MIL OSI Asia Pacific News –

  • MIL-OSI Security: Leader of Middle Georgia Armed Drug Trafficking Organization Pleads Guilty

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

    MACON, Ga. – A Macon resident with a prior federal conviction who is the leader of an armed drug trafficking organization based in Middle Georgia faces a maximum of life in prison for supplying large quantities of methamphetamine.

    Julian Derwayne Coker aka “Red” aka “Bread Red,” 43, of Macon, pleaded guilty to one count of possession with intent to distribute methamphetamine on Oct. 22, and faces a mandatory minimum of 15 years up to a maximum of life in prison to be followed by ten years of supervised release and a $20,000,000 fine.

    The following codefendants have pleaded guilty and/or been sentenced:

    Jonathan Kelly McBride, 49, of Macon, pleaded guilty to one count of conspiracy to possess with intent to distribute methamphetamine on Oct. 23, and faces a maximum of 20 years in prison to be followed by three years of supervised release and a $1,000,000 fine;

    Rodney Sentell Hardin aka “Rod,” 44, of Macon, pleaded guilty to one count of distribution of methamphetamine on Oct. 9, and faces 20 years in prison to be followed by three years of supervised release and a $1,000,000 fine;

    Lisa Nanette McNeer, 47, of Macon, pleaded guilty to one count of possession of methamphetamine with intent to distribute on Oct. 22, and faces 20 years in prison to be followed by three years of supervised release and a $1,000,000 fine; and

    Erin Marie Jones, 49, of Macon, pleaded guilty to one count of conspiracy to possess with intent to distribute methamphetamine on June 5, and was sentenced to serve 48 months in prison to be followed by three years of supervised release on Sept. 5.

    U.S. District Judge Marc Treadwell is presiding over this case. For those awaiting sentencing, the dates of their hearings will be determined by the Court. There is no parole in the federal system. 

    “Armed drug trafficking organizations promote violence and sow chaos in our communities,” said U.S. Attorney Peter D. Leary. “Our office is committed to disrupting criminal networks, reducing gun violence and building safer communities.”

    “The streets are safer, and Georgians can sleep a little easier knowing that these armed drug dealers are locked up and their days of peddling drugs in our communities are over,” said Supervisory Senior Resident Agent Robert Gibbs of FBI Atlanta’s Macon office. “The FBI remains committed to combatting drug trafficking and taking armed violent criminals off the streets through our joint efforts with our law enforcement partners.” 

    “Drug trafficking organizations disrupt society and poison our communities with violence and illegal drugs,” said GBI Director Chris Hosey. “Their actions threaten the safety of the citizens of Georgia, and the GBI and our partners will not allow these organizations to go unchecked. This case is an example of this commitment to protect the communities of Georgia and hold criminals accountable.”

    According to court documents and statements made public in court, the FBI began investigating Coker’s drug trafficking organization (DTO) in 2022, which led to multiple controlled purchases of methamphetamine from Coker and Hardin and other investigative actions. Sales of illegal drugs occurred on Feb. 13, 2022, and March 24, 2022, with Hardin selling methamphetamine he obtained from Coker to a confidential source.

    Coker sold methamphetamine to a confidential source five times between June and Sept. 2022 at locations in Macon. Wiretaps revealed that Coker was supplying methamphetamine to Hardin and other individuals. Agents executed multiple search warrants on Nov. 15, 2022, including at Coker’s residence on Forsyth Road. Agents found methamphetamine in pill and crystal forms stashed in an air fryer and a bag in the kitchen. The crystal methamphetamine weighed 11,166.01 grams and ranged in purity from 96% to 100%; the pressed pill methamphetamine weighed 79.87 grams. Agents found a 9mm pistol inside of a jacket embroidered with Coker’s alias “Bread Red” and seized $13,891. In all, Coker’s DTO is responsible for the distribution of dozens of kilograms of methamphetamine. Coker has a criminal history, including a prior federal controlled substance distribution conviction.

    This effort is part of an Organized Crime Drug Enforcement Task Force (OCDETF) operation. OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven and multi-agency approach. Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.

    The case was investigated by the FBI and the Georgia Bureau of Investigation (GBI).

    Assistant U.S. Attorney Joy Odom is prosecuting the case for the Government.

    MIL Security OSI –

  • MIL-OSI Security: Former Federal Employee Faces up to Five Years in Prison for Mishandling Classified Materials

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

    AUGUSTA, GA:  A former employee of a U.S. Department of Defense component agency faces up to five years in federal prison after pleading guilty to mishandling sensitive documents.

    Margaret Anne Ashby, 26, of Henderson, Nevada, awaits sentencing after pleading guilty to an Information charging her with Unauthorized Removal/Retention of Classified Documents, said Jill E. Steinberg, U.S. Attorney for the Southern District of Georgia. The guilty plea subjects Ashby to a sentence of up to five years in federal prison, along with substantial financial penalties, and up to three years of supervised release upon completion of any prison term. There is no parole in the federal system.

    “Maintaining confidentiality of sensitive government documents is essential to protecting our citizens,” said U.S. Attorney Steinberg. “Those who are granted the privilege of working with such material are well aware of the rules regarding the safekeeping of these documents, and also are aware of the consequences for failing to comply with those rules.”

    As described in the plea agreement, starting in March 2020, Ashby was a civilian employee of a Department of Defense component agency located in the Southern District of Georgia, and during this time held a Top Secret security clearance as required for her employment.

    From February 2022 to May 2022, Ashby, without authority, knowingly removed documents and materials containing classified information “concerning the national defense or foreign relations of the United States . . . with the intent to retain them at unauthorized locations, including her residence in the Southern District of Georgia and in digital files saved via a personal computing device located in the Southern District of Georgia.”

    U.S. District Court Judge J. Randal Hall will schedule a sentencing hearing for Ashby upon completion of a pre-sentence investigation by U.S. Probation Services.

    “When people violate the trust given to them to safeguard our nation’s intelligence, they put our country at risk,” said FBI Atlanta Assistant Agent in Charge Brian Ozden. “The FBI and our law enforcement partners will seek to hold accountable those who knowingly and willfully mishandle classified information.”

    The case was investigated by the FBI, and prosecuted for the United States by Southern District of Georgia Assistant U.S. Attorneys L. Alexander Hamner and Darron J. Hubbard, and Trial Attorney David J. Ryan with the U.S. Department of Justice Counterintelligence and Export Control Section. 

    MIL Security OSI –

  • MIL-OSI Security: U.S. Attorney Leary Announces Appointment of District Election Officers

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

    MACON, Ga. – Middle District of Georgia U.S. Attorney Peter D. Leary announced today that he has appointed two District Election Officers (DEO) to lead the efforts of the office in connection with the Justice Department’s nationwide Election Day Program for the upcoming Nov. 5, 2024, general election.

    The DEOs are responsible for overseeing the district’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.

    “Every citizen must be able to vote without interference or discrimination and to have that vote counted in a fair and free election,” said U.S. Attorney Leary. “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.”

    The Department of Justice has an important role in deterring and combating 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 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).   

    “The franchise is the cornerstone of American democracy. We all must ensure that those who are entitled to the franchise can exercise it if they choose and that those who seek to corrupt it are brought to justice,” said U.S. Attorney Leary. “In order to respond to complaints of voting rights concerns and election fraud during the upcoming election, and to ensure that such complaints are directed to the appropriate authorities, the DEOs will be on duty in this district while the polls are open. The DEOs can be reached by the public at the following telephone number, 478-621-2698, or by email at USAGAM.DEO@usdoj.gov.”

    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 by calling 1-800-CALL-FBI (1-800-225-5324) or by email at tips.fbi.gov.

    Complaints about possible violations of the federal voting rights laws can be made directly to the Civil Rights Division in Washington by complaint form at https://civilrights.justice.gov/ or by phone at 800-253-3931.

    “Ensuring free and fair elections depends in large part on the assistance of the American electorate. It is important that those who have specific information about voting rights concerns or election fraud make that information available to the Department of Justice,” said U.S. Attorney Peter D. Leary.

    Please note, however, that 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 Security: Two Former Richmond County Deputies Plead Guilty to Violating Civil Rights of Jail Detainee

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

    AUGUSTA, GA:  Two former Richmond County Sheriff’s Office deputies have pled guilty to federal civil rights charges involving an assault on a jail detainee.

    Daniel D’Aversa, 52, and Melissa Morello, 27, await sentencing after each pled guilty to an Information charging them with Deprivation of Civil Rights Under Color of Law. The guilty plea subjects each defendant to a possible sentence of up to 10 years in federal prison, along with substantial fines and restitution, followed by up to three years of supervised release upon completion of any prison term.

    There is no parole in the federal system.

    Assistant Attorney General Kristen Clarke of the Justice Department’s Civil Rights Division and U.S. Attorney Jill E. Steinberg for the Southern District of Georgia Acting Special Agent in Charge Sean Burke of the FBI Atlanta Field Office made the announcement.

    As described in the plea agreements, Morello was a jailer at Richmond County’s Charles D. Webster Detention Center, and D’Aversa was a corporal with the Richmond County Sheriff’s Office. Both were at the jail on May 7, 2022, working with other Richmond County Sheriff’s Office jailers and deputies to secure inmates who had caused flooding in a section of the jail.

    A pretrial detainee, referred to in court documents as Victim 1, was handcuffed face-down in the jail when D’Aversa and Morello shouted to other staff members that Victim 1 wanted his handcuffs removed. Morello then “attempted to unlock Victim 1’s handcuffs so that another employee would have an excuse to go hands-on with him,” and when Morello was unsuccessful, a deputy listed as Deputy 2 then unlocked and removed the handcuffs.

    A deputy listed as Deputy 1 then “repeatedly punched Victim 1 and placed him in a chokehold. … During Deputy 1’s assault on Victim 1,” and both Morello and D’Aversa “failed to intervene to stop or attempt to stop the assault,” despite having the opportunity to do so.

    U.S. District Court Judge J. Randal Hall will schedule sentencing for D’Aversa and Morello upon completion of pre-sentence investigations by U.S. Probation Services.

    The case is being investigated by the FBI, and prosecuted for the United States by Southern District of Georgia Assistant U.S. Attorney George J.C. Jacobs III and Anita T. Channapati of the U.S. Department of Justice Civil Rights Division. 

    MIL Security OSI –

  • MIL-OSI Security: Five Defendants Involved in String of Violent Crimes, Drug and Gun Offenses, and Money Laundering Have Been Sentenced

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

    Louisville, KY – A fifth defendant was sentenced this week to 30 years in federal prison for his role in numerous felony offenses, including kidnapping, robbery, drug trafficking, and money laundering. Several other defendants were previously sentenced on the charges.

    U.S. Attorney Michael A. Bennett of the Western District of Kentucky, Special Agent in Charge Michael E. Stansbury of the FBI Louisville Field Office, Chief Paul Humphrey of the Louisville Metro Police Department, Sheriff Walt Sholar of the Bullitt County Sheriff’s Office, and Sheriff John E. Aubrey of the Jefferson County Sheriff’s Office made the announcement.

    According to court documents, Dayton Peterson, 24, of Louisville, was sentenced on October 22, 2024, to 30 years in prison, followed by 5 years of supervised release, for kidnapping, impersonator making arrest or search, robbery, using or carrying a firearm during and in relation to a crime of violence, conspiracy to possess with intent to distribute cocaine and heroin, possession with intent to distribute cocaine and heroin, possession of a firearm in furtherance of a drug trafficking crime, and engaging in monetary transactions derived from a specified unlawful activity.

    Joshua Lohden, 26, of Louisville was sentenced on July 24, 2024, to 22 years in prison, followed by 5 years of supervised release, for kidnapping, impersonator making arrest or search, possession of a firearm in furtherance of a drug trafficking crime, and robbery.

    David Langdon, 39, of Louisville was sentenced on September 11, 2024, to 11 years and 5 months in prison, followed by 5 years of supervised release, for kidnapping, impersonator making arrest or search, robbery, possession with intent to distribute methamphetamine, cocaine, and fentanyl, possession of a firearm by a convicted felon, and possession of a firearm in furtherance of a drug trafficking crime.  On or about August 23, 2022, Langdon was prohibited from possessing a firearm because he had previously been convicted of the following felony offenses.

    On October 14, 2015, in Jefferson County Circuit Court, Langdon was convicted of possession of a handgun by a convicted felon, trafficking in a controlled substance in the first degree, and possession of a controlled substance in the first degree.

    On October 15, 2015, in Jefferson County Circuit Court, Langdon was convicted of trafficking in a controlled substance in the first degree greater than 2 grams of heroin.

    J. Louis Nance, 34, of Louisville was sentenced on July 24, 2024, to 6 years in prison, followed by 5 years of supervised release, for kidnapping and impersonator making arrest or search.

    Samantha Trummer, 30, of Louisville was sentenced on July 22, 2024, to 4 years of probation for engaging in monetary transactions derived from a specified unlawful activity.

    John Lohden is awaiting sentencing.

    Defendants Dayton Peterson, John Lohden, and Samantha Trummer were found guilty after a 10-day jury trial in March of 2024. The remaining defendants pleaded guilty prior to trial.

    There is no parole in the federal system.

    The FBI, LMPD, Jefferson County Sheriff’s Office, and Bullitt County Sheriff’s Office investigated the case, with assistance from the ATF, IRS, DEA, and Kentucky State Police.

    Assistant U.S. Attorneys Alicia P. Gomez and Frank E. Dahl III are prosecuting the case, with assistance from paralegal Adela Alic.

    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.

    ###

    MIL Security OSI –

  • MIL-OSI USA: Representatives Lawler, Moskowitz Lead Bipartisan Letter Signed by More Than 100 Colleagues to UN Secretary-General Slamming Efforts to Downgrade Israel’s Status

    Source: United States House of Representatives – Congressman Mike Lawler (R, NY-17)

    Yesterday, Congressmen Mike Lawler (R-NY-17) and Jared Moskowitz (D-FL-23) led a bipartisan letter signed by over 100 of their House of Representatives colleagues slamming the push by the Palestinian Authority to downgrade Israel’s status at the United Nations (UN) and offering serious consequences if this were to happen. The letter is endorsed by the American Israel Public Affairs Committee (AIPAC), Foundation for Defense of Democracies (FDD) Action, Endowment for Middle East Truth (EMET), the Jewish Institute for National Security of America (JINSA), Zionist Organization of America (ZOA), Christians United for Israel (CUFI), the Republican Jewish Coalition (RJC), Jewish Federations of North America (JFNA), the Combat Antisemitism Movement (CAM), and Heritage Action.

    “Any downgrade in Israel’s status or standing at the UNGA will result in a corresponding downgrade of U.S. financial, material and political support to the UN,” the lawmakers wrote.

    “Congress has taken note of the numerous UN actions aimed to delegitimize Israel’s right to self-defense, raising serious questions over the future of U.S. funding to the UN,” continued the lawmakers. “We have concluded that the UN is not a neutral party, but one that has definitively taken sides against Israel. We remind you that the U.S. is the largest donor to the UN. Our contributions account for one-third of the body’s collective budget. We will not accept the UN’s ongoing hostility to our ally Israel.”

    “We must stand against nations and international institutions that are trying every day to undermine Israel,” said Congressman Lawler. “This letter lets UN Secretary-General Guterres and the Palestinian Authority know that any action to undermine Israel will have dire consequences. The fact that over a hundred members of Congress from both parties signed onto this letter is a strong testament to our country’s broad, bipartisan support for Israel. I hope that the UN will heed this warning and focus its ire on the true aggressors in the region – Hamas and their Iranian backers.”

    Congressman Lawler has led the charge in the 118th Congress to stand up for Israel and combat the scourge of antisemitism, both domestically and globally. Earlier this year, he and Congressman Moskowitz introduced the Stand With Israel Act. This bipartisan bill will require the withholding of U.S. funding to UN agencies that expel, downgrade, suspend, or otherwise restrict the participation of the State of Israel. Last year, Congressmen Lawler and Gottheimer introduced the IGO Anti-Boycott Act, which will expand existing anti-boycott laws to protects U.S. entities from being coerced into the anti-Israel BDS movement by intergovernmental institutions. That legislation passed the House of Representatives by voice vote in February.

    Congressman Lawler is one of the most bipartisan members of the 118th Congressand represents New York’s 17th Congressional District, which is just north of New York City and contains all or parts of Rockland, Putnam, Dutchess, and Westchester Counties.

    A copy of the letter can be viewed here.

    MIL OSI USA News –

  • MIL-OSI Security: Ohio Man Arrested on Felony and Misdemeanors Charges for Actions During January 6 Capitol Breach

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

                WASHINGTON — An Ohio man has been arrested on felony and misdemeanor charges related to his alleged conduct during the Jan. 6, 2021, breach of the U.S. Capitol. His alleged actions and the actions of others disrupted a joint session of the U.S. Congress convened to ascertain and count the electoral votes related to the 2020 presidential election.

                Jamie Wright, 36, of Bowerston, Ohio, is charged in a criminal complaint filed in the District of Columbia with a felony offense of obstruction of law enforcement during a civil disorder and misdemeanor offenses of entering and remaining in a restricted building or grounds, disorderly and disruptive conduct in a restricted building or grounds, disorderly conduct in a capitol building or grounds.

                The FBI arrested Wright yesterday in Canton, Ohio and he will make his initial appearance in the Northern District of Ohio.

                According to court documents, it is alleged that Wright was identified on Jan. 6, 2021, in Washington, D.C., outside of the barricades on the East Front of the U.S. Capitol grounds wearing a black hooded jacket and a red hat with “Trump 2020.” There, open-source images and video footage depict Wright, at approximately 1:45 p.m., along with others, pushing on the police barricades that outlined the restricted perimeter against officers protecting the Capitol.

                Court records say that after this initial push, officers were able to reestablish the barricades; however, video footage from the Capitol shows that approximately two minutes later, Wright grabbed and pulled the same barricades from officers as they continued to try and hold the crowd back. Only a few minutes later, Wright again attempted to grab the bike rack barricades from officers. This time, video footage shows that he and other rioters successfully took the barricade and moved it back into the crowd near the flowerbeds behind them.

                A short while later, at about 2:00 p.m., it is alleged that Wright again tried to grab barricades from officers on the police line. At the same time, rioters to the left of Wright pushed the barricades against the police. This time, the rioters, including Wright, successfully breached the barricades and police line and moved toward the Capitol building. Wright then turned to the crowd behind him and ushered others forward by waving his hand right before he advanced.

                Shortly after making it into the restricted perimeter, Wright stopped his advance and moved a barricade out of the way of the other rioters. Wright then moved forward to the Capitol again, waiving people forward with him. Court documents say that Wright made it to the terrace of the Capitol building, where video footage depicts him waving rioters forward.

                This case is being prosecuted by the U.S. Attorney’s Office for the District of Columbia and the Department of Justice National Security Division’s Counterterrorism Section. Valuable assistance was provided by the U.S. Attorney’s Office for the Northern District of Ohio.

                This case is being investigated by the FBI’s Cleveland and Washington Field Offices. Valuable assistance was provided by the U.S. Capitol Police and the Metropolitan Police Department.                                                      

                In the 45 months since Jan. 6, 2021, more than 1,532 individuals have been charged in nearly all 50 states for crimes related to the breach of the U.S. Capitol, including more than 571 individuals charged with assaulting or impeding law enforcement, a felony. The investigation remains ongoing.

                Anyone with tips can call 1-800-CALL-FBI (800-225-5324) or visit tips.fbi.gov.

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

    MIL Security OSI –

  • MIL-OSI Security: Aldie man sentenced to seven years and six months in prison for multi-million-dollar investment scheme

    Source: Office of United States Attorneys

    ALEXANDRIA, Va. – An Aldie man was sentenced today to seven years and six months in prison for scheme to defraud dozens of investors in Virginia, Maryland, North Carolina, New Jersey, Missouri, and elsewhere, causing $15 million dollars in losses.

    According to court documents, Babu Ramaraj, 47, owned DAB Inspection and Consulting Services, LLC (DAB), a small home contractor with modest revenues doing patio and deck projects. Ramaraj claimed to investors and potential investors that DAB had lucrative contracts with the Federal Aviation Administration, the Virginia Department of Transportation (VDOT), and others, and was a joint venture partner on a Washington DC Water Clean Rivers Project, for tens of millions of dollars each, supposedly to perform engineering inspection work on huge infrastructure projects.

    Ramaraj claimed he needed to make large upfront bond payments to secure the work but could not obtain bank financing because of the relative youth of DAB as a company and the speed with which DAB needed to secure the funding, which was supposedly not feasible with banks.

    In support of his claims, Ramaraj supplied to victims falsified contract award letters, invoices, DAB financial records, and other documents to induce dozens of investors to loan funds to DAB. The supposed bonds were never paid.

    From January 2020 through May 2024, Ramaraj pitched individuals, including members of his Loudon County cricket league, the opportunity to loan DAB money at high interest rates, annualized at 30% or more.  Using money from later investors, Ramaraj paid initial investors the promised returns to entice them to continue investing and to recruit other friends and family to invest.

    After being confronted by two investors and signing an acknowledgment in October 2023 that he had “tampered” with numerous contracts and financial records, Ramaraj continued to make material misrepresentations concerning DAB to other investors and potential investors. Ramaraj was pitching investors up to the time he was arrested on May 30, 2024. He has been held in custody as a flight risk since his arrest.

    Instead of paying for the promised bonds, Ramaraj electronically transferred investor funds to his online brokerage accounts to engage in securities trades; wired over $1 million to accounts in India; purchased several automobiles, including several Teslas; obtained real properties; incurred millions in stock market trading losses, and made other payments to fund his lifestyle. Ramaraj took in nearly $40 million and caused losses to investors of approximately $15 million.

    In addition to the prison sentence, the Court ordered Ramaraj to pay over $15 million in restitution.

    Jessica D. Aber, U.S. Attorney for the Eastern District of Virginia; David E. Geist, Acting Special Agent in Charge of the FBI Washington Field Office’s Criminal and Cyber Division; and Jehmal T. Hudson, Chair of the Virginia State Corporation Commission, made the announcement after sentencing by Senior U.S. District Judge Claude M. Hilton.

    Assistant U.S. Attorney Russell L. Carlberg prosecuted the case. Assistant U.S. Attorney Annie Zanobini is handling asset recovery efforts in the case.

    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. 1:24-cr-147.

    MIL Security OSI –

  • MIL-OSI Security: Gallatin Man Sentenced to 20 Years in Federal Prison for December 2019 Violent Crime Spree

    Source: Office of United States Attorneys

    NASHVILLE – Lazavion Kern, 23, of Gallatin, Tennessee, was sentenced today to 20 years in federal prison, following his conviction in December 2023, of multiple armed robbery and firearms offenses, announced Acting United States Attorney Thomas J. Jaworski for the Middle District of Tennessee.

    During a three-week span in December 2019, Kern robbed four convenience stores in Gallatin and Portland, Tennessee, taking thousands of dollars from the clerks. As part of the final robbery, Kern repeatedly pistol-whipped the clerk, seriously injuring him. Kern was charged by a federal grand jury in January of 2023 with one count of Hobbs Act robbery for each of the four robberies, and two counts of brandishing a firearm during and in relation to a crime of violence. 

    “Our office is committed to prosecuting violent criminals and to protecting law abiding citizens,” said Acting U.S. Attorney Thomas J. Jaworski. “This sentence shows that if you commit a violent crime in our community, we will do whatever it takes to find you and hold you accountable for your actions. We stand with our law enforcement partners across Middle Tennessee to seek justice and keep our communities safe.”

    “This sentence should send a clear message that the FBI and our law enforcement partners are committed to keeping our communities safe,” said Joe Carrico, Special Agent in Charge of the FBI Nashville Field Office. “This case was another example of law enforcement agencies coming together to combat violent crime and ensure the streets are rid of such callous criminals.”

    Kern was aided in each robbery by Antonio Jones and, in the third robbery, by Michael Sanchez Fitts. Jones and Fitts pleaded guilty to felonies. Fitts was sentenced on May 22, 2023, to serve 48 months in federal prison followed by 3 years of supervised release. Jones was sentenced on October 10, 2024, to serve 48 months in federal prison followed by 3 years of supervised release.

    This case was investigated by the Federal Bureau of Investigation, the Gallatin Police Department, the Sumner County Sheriff’s Office, and the Portland Police Department. Significant assistance was provided by the United States Marshals Service. Assistant U.S. Attorneys Joseph P. Montminy and Taylor J. Phillips prosecuted the case.

    #####

    MIL Security OSI –

  • MIL-OSI Security: Clarkston Woman Sentenced to 3 Years in Prison for Embezzling Over Three Million Dollars from Former Employer

    Source: Office of United States Attorneys

    DETROIT- A Clarkston woman was sentenced to 3 years in federal prison for wire fraud arising out of an embezzlement scheme targeting her former employer, announced United States Attorney Dawn N. Ison.

    Joining Ison in the announcement was Special Agent in Charge, Federal Bureau of Investigation, Cheyvoryea Gibson.

    Sally Lynn Elmore, 56, pleaded guilty in July 2024 to one count of wire fraud arising from a scheme to defraud her former employer that resulted in over $3 million in losses.  In addition to the 3 years’ imprisonment, United States District Judge Brandy R. McMillion ordered Elmore to pay $2.2 million in restitution to her victims and to pay a $3.2 million forfeiture money judgment. 

    According to Court documents, from April 2019 to December 2022, Elmore abused her position of trust and used her access to the payroll and banking systems of her employer to execute a scheme to fraudulently direct electronic payments—in the form of salary, bonuses, and expense reimbursements that she knew she was not entitled to receive—from her employer’s bank account to her personal bank accounts.  In order to conceal her fraud, Elmore prepared and presented falsified financial statements to her employer’s board, representing that the company was still in possession of funds that she had, in fact, fraudulently directed to herself. She also concealed the missing funds from the company’s insurer, causing the company to lose coverage for losses from theft.  In total, Elmore stole over $3 million and gambled most of it away. 

    “Elmore violated the trust placed in her as the director of finance and human resources for her company, stealing over three million dollars, nearly driving the company to insolvency, and putting the livelihoods of her fellow employees in jeopardy, stated United States Attorney Ison. “Our office will aggressively prosecute those individuals who abuse their authority to line their own pockets at others’ expense.”

    “Over the course of three years, Ms. Elmore betrayed her employer by exploiting her access to the company’s finances, stealing millions of dollars, and covering up her actions through deception,” said Cheyvoryea Gibson, Special Agent in Charge of the FBI in Michigan. “The FBI has zero tolerance for fraud against individuals or institutions and will continue to work with our partners at the U.S. Attorney’s Office to prosecute those involved in embezzlement schemes. We are committed to ensuring that anyone who abuses their position of trust faces justice.”

    The case was prosecuted by Assistant United States Attorney Alyse Wu. The investigation was conducted by the Federal Bureau of Investigation.

    MIL Security OSI –

  • MIL-OSI Security: Physician Charged in Scheme to Illegally Sell Cancer Drugs

    Source: Office of United States Attorneys

    Detroit – A Royal Oak physician was charged in an Indictment for his role in a multi-million-dollar scheme to illegally sell and divert expensive prescription cancer drugs, United States Attorney Dawn N. Ison announced.

    Joining Ison in the announcement were Special Agent in Charge Mario M. Pinto, U.S. Department of Health and Human Services, Office of Inspector General (HHS-OIG), Special Agent in Charge Cheyvoryea Gibson, Federal Bureau of Investigation (FBI), Special Agent in Charge Angie M. Salazar, Homeland Security Investigations (HSI), and Special Agent in Charge Ronne Malham, U.S. Food and Drug Administration (FDA).

    Charged in the Indictment is Dr. Naveed Aslam, age 51, of West Bloomfield, Michigan.

    The charges against Dr. Aslam include one count of conspiracy to illegally sell or trade prescription drugs and 10 counts of illegally selling or trading prescription drugs.

    According to the Indictment, by early 2019, and continuing through August 2023, Dr. Aslam, a licensed physician, worked with others to buy and sell expensive cancer drugs for profit and with the intent to defraud and mislead. The other individuals Dr. Aslam worked with identified customers interested in buying prescription cancer drugs, and they communicated with Dr. Aslam about what cancer drugs were requested. Dr. Aslam used his access to certain cancer drugs through his medical practice, Somerset Hematology and Oncology, P.C., to order and purchase the cancer drugs from his supplier. He then sold the cancer drugs to and through the other individuals’ company to the eventual customer. During this scheme, Dr. Aslam acquired and sold more than $17 million in prescription cancer drugs, and personally profited more than $2.5 million.

    “The safety and integrity of our country’s prescription drug supply lines – particularly for cancer drugs – is an important part of our health care system,” stated U.S. Attorney Ison. “As alleged, Dr. Aslam used his role as a physician to violate that integrity and divert prescription cancer drugs away from treating patients. My office is committed to prosecuting medical professionals who seek to profit, rather than protect, our health care system.”

    “Our agency is dedicated to ensuring that medical providers follow laws designed to protect both the integrity and solvency of Federal health care programs, as well as the beneficiaries they serve,” said Mario M. Pinto, Special Agent in Charge of the U.S. Department of Health and Human Services Office of Inspector General (HHS-OIG). “HHS-OIG will continue to work closely with our Federal law enforcement partners to thoroughly investigate allegations of fraud.”

    “Having the authority to prescribe medication is a privilege that comes with a profound responsibility. Physicians must safeguard against drug diversion,” said Cheyvoryea Gibson, Special Agent in Charge of the FBI in Michigan. “Dr. Aslam’s alleged participation in this scheme not only allowed him to profit unlawfully from the sale of cancer drugs, but it also posed a serious threat by potentially placing these medications into the wrong hands. This breach of trust is inexcusable, especially considering the critical nature of the drugs involved. The FBI is unwavering in its commitment to hold medical professionals accountable for exploiting their positions for personal gain and endangering community safety.”

    “Introducing diverted prescription drugs into the supply chain and selling them to unsuspecting consumers undermines the FDA safeguards designed to protect the public,” said Ronne Malham, Special Agent in Charge, FDA Office of Criminal Investigations, Chicago Field Office‎. “We remain committed to bringing to justice those who place their personal gain over the health of American consumers.”

    “A physician’s ethical responsibility is to their patients, not to selling cancer drugs under the table for profit,” said HSI Detroit Special Agent in Charge Angie M. Salazar. “We will protect patients against fraud, especially from those in positions of public trust who choose greed over public safety.”

    An indictment is only a charge and is not evidence of guilt.

    The case is being prosecuted by Assistant United States Attorney Andrew J. Lievense. Assistant United States Attorney Jessica A. Nathan of the Money Laundering & Asset Recovery Unit is handling related forfeiture matters. The investigation is being conducted jointly by the FBI, HHS-OIG, HSI, and the FDA.

    MIL Security OSI –

  • MIL-OSI Security: Two Maryland Men Convicted At Trial After Violent Crime Spree

    Source: Office of United States Attorneys

    Greenbelt, Maryland – After a 9-day trial, a federal jury returned verdicts against Thaddeus Lamont Wills, age 51, and Keionta Shawn Hagens, age 44, both of Waldorf, Maryland, of interference with interstate commerce by robbery, conspiracy to interfere with interstate commerce by robbery, using, carrying, and brandishing a firearm during a crime of violence, carjacking, and of murder.

    The conviction was announced by Erek L. Barron, U.S. Attorney for the District of Maryland; Special Agent in Charge William J. DelBagno of the Federal Bureau of Investigation, Baltimore Field Office; Chief Malik Aziz of the Prince George’s County Police Department; Chief Troy D. Berry of the Charles County Sheriff’s Office; and Chief Peter Newsham of the Prince William County, Virginia Police Department.

    Evidence presented at trial established that on November 12, 2020, conspirators, including Wills and Hagens, while armed with firearms, robbed an employee of Business-1 of cash and merchandise, and a customer of Business-1 of personal property.  To facilitate their escape from Business-1, conspirators, including Wills and Hagens, forcefully, and using firearms, took a 2016 Dodge Ram pickup truck from the victim customer.

    Trial evidence further established that on or about November 17, 2020, conspirators, including Wills and Hagens used a stolen 2014 Ford F-150 pickup truck to drive to Business-2 for the purpose of robbing Business-2.  Wills and Hagens thereafter, while using at least one firearm, robbed an employee of Business-2 of cash and merchandise as well as a customer of personal property.  During the robbery, Wills and Hagens zip tied the hands of the employee.  In addition, Between November 12, 2020, and November 26, 2020, conspirators, including Wills and Hagens, stored and concealed the stolen Dodge Ram pickup and stolen Ford F-150 pickup in the area of Brandywine, Maryland.  

    On January 6, 2021, in Waldorf, Maryland, conspirators, including Wills, while armed with firearms, forcefully took a 2008 Honda Pilot Sport Utility Vehicle from a victim. On January 6 and January 7, 2021, conspirators, including Wills, used the 2008 Honda Pilot to travel from Maryland into Virginia.  Then, on January 7, 2021, in Woodbridge, Virginia, conspirators, including Wills, while armed with firearms, robbed customers, agents and employees of Business-3 of cash, merchandise, and personal property.  After driving the 2008 Honda Pilot back from Virginia to Maryland on January 7, 2021, Wills and a co-conspirator burned the vehicle in the area of Brandywine, Maryland. 

    Finally, on January 18, 2021, conspirators, including Wills and Hagens, robbed Victim-8, the owner of Business-4, of merchandise while using at least two firearms, and shot and killed the business owner during the robbery.  In order to escape after the robbery and murder of the victim, Wills used a firearm to forcefully take a 2019 Lexus RX350 Sport Utility Vehicle from a separate victim.

    Wills faces a maximum sentence of life in federal prison for the murder of victim-8 during the robbery on January 18, 2021; a mandatory minimum sentence of 7 years and a maximum sentence of life for each count of using, carrying, brandishing a firearm during the robbery on November 17, 2020, the carjacking on January 6, 2021, and the carjacking on January 18, 2021. Wills faces a maximum sentence of 20 years in federal prison each for conspiracy to interfere with interstate commerce by robbery and interference with interstate commerce by robbery related to the robberies on November 17, 2020 and January 18, 2021, as well as a maximum sentence of 15 years in prison for each carjacking.

    Hagens faces a mandatory minimum sentence of 5 years and a maximum sentence of life in federal prison for using and carrying a firearm during the robbery on November 17, 2020.  Hagens also faces a maximum sentence of 20 years each for conspiracy to interfere with interstate commerce by robbery and interference with interstate commerce by robbery for the robberies on November 17, 2020 and January 18, 2021.

    U.S. District Judge Theodore D. Chuang has scheduled sentencing for Wills on February 7, 2024 at 9:30 a.m. and for Hagens on February 14, 2024 at 9:30 am.  Actual sentences for federal crimes are typically less than the maximum penalties.  A federal district court judge will determine any sentence after taking into account the U.S. Sentencing Guidelines and other statutory factors.

    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.

    U.S. Attorney Barron commended the FBI, PGPD, Charles County Sheriff’s Office, and the Prince William County, Virginia Police Department for their work in the investigation.  Mr. Barron thanked Assistant U.S. Attorneys William Moomau and Patrick D. Kibbe, who are prosecuting the federal case.

    For more information on the Maryland U.S. Attorney’s Office, its priorities, and resources available to help the community, please visit www.justice.gov/usao-md and https://www.justice.gov/usao-md/community-outreach.

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    MIL Security OSI –

  • MIL-OSI: CORRECTION — North Dallas Bank & Trust Co. Announces Third Quarter Earnings

    Source: GlobeNewswire (MIL-OSI)

    In a release issued earlier today under the same headline by North Dallas Bank & Trust Co., (OTC: NODB) please note that the word “Second” in the headline should instead read “Third”. The release follows:

    DALLAS, Oct. 25, 2024 (GLOBE NEWSWIRE) — NDBT (North Dallas Bank & Trust Co.), an independent community bank established in 1961, today announced net earnings for three months of $502,493 or $0.20 per share, and net earnings for nine months of $2,186,955 or $0.85 per share, for the periods ending September 30, 2024.

    Earnings were prepared internally without review by the company’s independent accountants. Financial results are the results of past performance, events and market conditions, and are not a guarantee for future results. Any forward-looking implications derived from this information may differ materially from actual results.

    Further information about the earning and financial performance is available from Glenn Henry, Chief Financial Officer, by contacting NDBT.

    ABOUT NDBT
    Founded in 1961, NDBT (North Dallas Bank & Trust Co.) is an independent community bank with five banking centers located in Dallas, Addison, Frisco, Las Colinas, and Plano. Headquartered on the corner of Preston Road and LBJ at 12900 Preston Road in Dallas, NDBT is dedicated to helping people make smarter choices in business and life by offering authentic banking solutions, wealth management, and innovative online banking tools. NDBT is Member FDIC and an Equal Housing Lender. For more information, call 972.716.7100, or visit online at www.ndbt.com.

    NORTH DALLAS BANK & TRUST CO.
    12900 PRESTON ROAD
    DALLAS, TEXAS
                   
    FINANCIAL HIGHLIGHTS Three Months Ended   Nine Months Ended
      September 30   September 30
    Income Statement 2024   2023   2024   2023
                   
    Interest Income 19,690,721     16,080,200     57,809,406     45,415,030  
    Interest Expense 11,417,563     8,497,071     32,759,175     19,553,246  
    Net Interest Income 8,273,158     7,583,129     25,050,231     25,861,784  
                   
    Provision for Loan Losses 0     0     (440,000 )   (450,000 )
    Noninterest Income 1,546,280     1,947,351     4,384,215     4,659,259  
    Noninterest Expenses (9,302,724 )   (8,767,533 )   (26,524,077 )   (25,989,503 )
    Income Before Taxes & Extraordinary 516,714     762,947     2,470,369     4,081,540  
                   
    Income Tax (14,221 )   (95,021 )   (258,414 )   (679,355 )
    Income Tax Prior Period (25,000 )   0     (25,000 )   0  
    Net Income 502,493     667,926     2,186,955     3,402,185  
                   
    Earnings per Share 0.20     0.26     0.85     1.32  
                   
              Nine Month Average
      As of September 30   Ended September 30
    Balance Sheet 2024   2023   2024   2023
                   
    Total Assets 1,867,355,555     1,728,752,439     1,819,265,389     1,697,914,626  
    Total Loans 1,211,656,001     1,133,317,827     1,206,729,021     1,057,729,435  
    Deposits 1,543,618,454     1,468,335,323     1,503,472,762     1,472,027,210  
    Stockholders’ Equity 170,479,567     160,495,368     166,294,611     160,534,861  
                   
    (Prepared internally without review by
    our independent accountants)
                   

    Media Contact:
    Brian C. Jensen
    972-716-7124
    brian.jensen@ndbt.com

    The MIL Network –

  • MIL-OSI Security: Texas Couple Sentenced to Prison for Assaulting Law Enforcement and Other Charges During January 6 Capitol Breach

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

               WASHINGTON – A Texas couple was sentenced to prison after they were previously convicted of assaulting law enforcement and other charges during the Jan. 6, 2021, breach of the U.S. Capitol. Their actions and the actions of others disrupted a joint session of the U.S. Congress convened to ascertain and count the electoral votes related to the 2020 presidential election.

               Mark Middleton, 55, and Jalise Middleton, 54, both of Forestburg, Texas, were sentenced to 30 and 20 months in prison, respectively, by U.S. District Judge Randolph D. Moss. Mark Middleton was additionally sentenced to 36 months’ supervised release, and a $2,000 fine. Jalise Middleton was additionally sentenced to 30 months’ supervised release, and a $2,000 fine.

               A federal jury previously convicted the Middletons of two counts of assaulting, resisting, or impeding certain officers, as well as civil disorder and obstruction of an official proceeding.  In addition to the felonies, the Middletons were convicted of misdemeanor offenses of entering and remaining in a restricted building or grounds, disorderly and disruptive conduct in a restricted building or grounds, engaging in physical violence in a restricted building or grounds, disorderly conduct in the Capitol grounds or building, and act of physical violence in the Capitol grounds or building.

               Following the Supreme Court’s decision in Fischer v. United States, the government voluntarily moved pre-sentencing to dismiss the Middleton’s conviction on obstruction of an official proceeding.

               According to evidence presented during the trial, on Jan. 6, 2021, Metropolitan Police Department (MPD) officers responded to the West Front of the U.S. Capitol building to assist U.S. Capitol Police officers with protecting the Capitol building and grounds from a group of amassed rioters. At about 2:09 p.m., MPD officers struggled against rioters who had refused repeated orders to step back from the police line and bike rack barricades.

               According to trial evidence and police body-worn camera footage, as the officers struggled with the group of rioters, a man, later identified as Mark Middleton, called the officers “traitors” and then pushed against the barricades and the police line with his body. Officers are heard on body-worn camera footage repeatedly ordering Mark Middleton and others to “Get back!” In response, Mark Middleton is heard yelling “f— you!” as he continued to push against the police barricades. Evidence showed that Mark Middleton resisted MPD officers, grabbed onto an MPD officer’s left arm, and pulled the officer forward over the barricades and towards the crowd.

               At the same time, a woman, later identified as Jalise Middleton, is seen on body-worn camera footage repeatedly grabbing and striking the same officer over the barricade with her hand, striking him in the face, chest, and arms. Another officer stepped in to assist, and Jalise Middleton struck that officer as well. Mark Middleton then used his flagpole to strike the second officer in the head. Video footage shows that the couple continued to grapple with and strike at the officers and attempted to pull the first officer into the crowd, as rioters jabbed, slashed, and swung flag poles at officers.

               The Middletons only broke off their assault when the first officer sprayed them in the face with chemical irritants, forcing them to retreat from the barricaded line. Both defendants later posted social media messages touting their key role in helping to breach the barricades by fighting officers and that they had only stopped due to pepper spray.

               Mark and Jalise Middleton were arrested on April 21, 2021, in Forestburg, Texas.

               This case is being prosecuted by the U.S. Attorney’s Office for the District of Columbia and the Department of Justice National Security Division’s Counterterrorism Section. Valuable assistance was provided by the U.S. Attorney’s Office for the Eastern District of Texas.

               This case is being investigated by the FBI’s Dallas and Washington Field Offices with substantial assistance from the Frisco Resident Agency Additional valuable assistance was provided by the United States Capitol Police and the Metropolitan Police Department.

               In the 45 months since Jan. 6, 2021, more than 1,532 individuals have been charged in nearly all 50 states for crimes related to the breach of the U.S. Capitol, including more than 571 individuals charged with assaulting or impeding law enforcement, a felony. The investigation remains ongoing.

               Anyone with tips can call 1-800-CALL-FBI (800-225-5324) or visit tips.fbi.gov.

    MIL Security OSI –

  • MIL-OSI Security: New Haven Resident Sentenced to 42 Months in Federal Prison for Role in Narcotics Distribution Ring

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

    Vanessa Roberts Avery, United States Attorney for the District of Connecticut, announced that LISA FAUSEL, 61, of New Haven, formerly of Milford, was sentenced today by U.S. District Judge Omar A. Williams in Hartford to 42 months of imprisonment, followed by three years of supervised release, for participating in a narcotics distribution conspiracy.

    According to court documents and statements made in court, this matter stems from an investigation by the FBI’s New Haven Safe Streets/Gang Task Force and the DEA New Haven’s Tactical Diversion Squad targeting the manufacture and distribution of counterfeit oxycodone tablets containing fentanyl and counterfeit Adderall tablets containing methamphetamine, and the distribution of heroin and cocaine, in the New Haven area.  The investigation, which included court-authorized wiretaps, physical and electronic surveillance, and traffic stops and searches, revealed that Willis Taylor, of West Haven, coordinated the manufacture of counterfeit pills, which he distributed to others for further distribution.  The investigation also revealed the distribution of other controlled substances.

    On February 2, 2023, a court authorized search of a Milford motel room where Fausel was living revealed approximately $94,500 in cash, 832 grams of cocaine, and plastic bags full of hundreds of blue pills that tested positive for fentanyl.

    Fausel was arrested on March 28, 2023.  On July 10, 2024, she pleaded guilty to conspiracy to possess with intent to distribute, and to distribute, controlled substances.

    Fausel, who is released on a $100,000 bond, is required to report to prison on December 16.

    Fausel, Taylor, and 12 others were federally charged as a result of this investigation.  Taylor pleaded guilty and awaits sentencing.

    This matter has been investigated by the DEA New Haven’s Tactical Diversion Squad, the FBI’s New Haven Safe Streets/Gang Task Force, Homeland Security Investigations (HSI), and the U.S. Marshals Service.  The DEA Tactical Diversion Squad is composed of personnel from the DEA, the Connecticut State Police, and the West Haven, Hamden, Manchester, Bristol, Fairfield, and Seymour Police Departments.

    The case is being prosecuted by Assistant U.S. Attorneys Ross Weingarten, Katherine Boyles, and Konstantin Lantsman, in coordination with the New Haven and Milford State’s Attorney’s Offices.

    This case is being prosecuted through the Organized Crime Drug Enforcement Task Forces (OCDETF) Program.  OCDETF identifies, disrupts, and dismantles drug traffickers, money launderers, gangs and transnational criminal organizations through a prosecutor-led and intelligence-driven approach that leverages the strengths of federal, state, and local law enforcement agencies.  Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.

    In March 2024, the U.S. Attorney’s Office and the DEA’s New England Field Division released a public service announcement warning of the danger of fentanyl and the proliferation of counterfeit prescription pills.  Click here for more information.

    MIL Security OSI –

  • MIL-OSI: SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Mergers and Looming Votes of AFBI, ARC and VSTO

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 25, 2024 (GLOBE NEWSWIRE) — Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating:

    • Affinity Bancshares, Inc. (Nasdaq: AFBI), relating to its proposed merger with Atlanta Postal Credit Union (“APCU”). Under the terms of the agreement, APCU will pay Affinity an aggregate amount estimated to provide Affinity with sufficient cash to pay Affinity shareholders approximately $22.40 – $22.60 per share.

      ACT NOW. The Shareholder Vote is scheduled for November 4, 2024.

      Click here for more information https://monteverdelaw.com/case/affinity-bancshares-inc/. It is free and there is no cost or obligation to you.

    • ARC Document Solutions, Inc. (NYSE: ARC), relating to its proposed merger with TechPrint Holdings, LLC. Under the terms of the agreement, ARC shareholders are expected to receive $3.40 in cash per share they own.

      DON’T MISS YOUR CHANCE. The Shareholder Vote is scheduled for November 21, 2024.

      Click here for more information: https://monteverdelaw.com/case/arc-document-solutions-inc/. It is free and there is no cost or obligation to you.

    • Vista Outdoor Inc. (NYSE: VSTO), relating to its proposed merger with Revelyst, Inc. Under the terms of the agreement, Vista shareholders will receive $25.75 in cash per share of Vista stock they own.

      ACT AS SOON AS POSSIBLE. The Shareholder Vote is scheduled for November 25, 2024.

      Click here for more information https://monteverdelaw.com/case/vista-outdoor-inc/. It is free and there is no cost or obligation to you.

    NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:

    1. Do you file class actions and go to Court?
    2. When was the last time you recovered money for shareholders?
    3. What cases did you recover money in and how much?

    About Monteverde & Associates PC

    Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

    No company, director or officer is above the law. If you own common stock in any of the above listed companies and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

    Contact:
    Juan Monteverde, Esq.
    MONTEVERDE & ASSOCIATES PC
    The Empire State Building
    350 Fifth Ave. Suite 4740
    New York, NY 10118
    United States of America
    jmonteverde@monteverdelaw.com
    Tel: (212) 971-1341

    Attorney Advertising. (C) 2024 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

    The MIL Network –