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Category: Trade

  • MIL-OSI USA: Statement of Commissioner Christy Goldsmith Romero: A Commissioner’s Evaluation of Cases & Cooperation Credit

    Source: US Commodity Futures Trading Commission

    Throughout my career in federal law enforcement, I have been a proponent of the government providing incentives for self-reporting and cooperation.  There is public interest in a company finding its own violation of the law as fast as possible, stopping it, reporting it, and fixing it so that it never happens again.  The government also has an interest in conserving investigative and litigation resources while bringing accountability, and a company’s full cooperation assists in that interest. 
    To increase those incentives, I propose that the CFTC as an agency increase transparency in public documents about enforcement decisions in specific cases, rather than rely on public documents with limited information supplemented by individual Commissioner statements.  I am concerned that transparency and fair notice are often limited in public documents on how self-reporting, cooperation and remediation was weighed, which cuts against the government providing incentives. 
    I also provide this general explanation as to how one Commissioner evaluates cases and cooperation credit—an explanation that supplements the February 2025 CFTC Division of Enforcement Advisory on Self-Reporting, Cooperation and Remediation (“Advisory”), which is not binding on the Commission or any Commissioner. While this Advisory is focused on the monetary penalty part of a settlement, with a self-reporting and cooperation monetary credit derived from a formula based on a 10% to 55% reduction set by a matrix, my evaluation covers more than that, including monetary and non-monetary credit.
    While the incentive to self-report and cooperate includes a credit that may lower the penalty, there are non-monetary government determinations for each case that may also reflect credit that should be considered as incentives.  The government may decline to file charges.  Where charges are filed, the government may recognize a defendant’s self-reporting, cooperation, and remediation by limiting the charges, limiting other remedies, undertakings, or other outcomes, and through the language used in public documents. 
    The first step in my evaluation of a case is to determine whether the CFTC should settle a case or litigate.  This decision is less complex for new cases compared to pending litigation.  When filing new cases, the government should be prepared to litigate.  The decision to file a new case should not be whether a successful verdict is guaranteed, but instead whether there is merit to filing the case.  I have made decisions to support meritorious first-of-their-kind cases where success is not guaranteed, as evidenced by my law enforcement record. 
    The U.S. government’s decisions in pending litigation involve a more complex array of considerations.  With more than two decades of law enforcement experience representing the United States of America, I have always made decisions on pending litigation on the law, facts, and an analysis of litigation strategy and risk.  My experience has also shown me when it is best for the government to accept a plea or otherwise resolve a case.  This is particularly true in cases where litigation risk increased significantly over the course of the litigation, especially if it increased in a way that puts something larger at stake that should be protected.  An increased risk that a court may unnecessarily narrow the governing statute based on the facts before it is one example.          
    My evaluation of settlement terms is based on a number of factors that make up the total outcome of a case.  This includes whether the defendant is a recidivist or repeat defendant, the nature of the charges, who is charged, the nature of each remedy and undertaking, and the language used by the government in public documents. 
    The best way to provide incentives to cooperate is for the CFTC as an agency to increase transparency into how the CFTC evaluated each of those factors, rather than relying on limited discussion of those factors, supplemented by individual Commissioner statements.  For good reason, it is standard practice that the U.S. government speaks with one voice in pending litigation, rather than have federal leaders individually comment, which may risk prejudicing or undermining current and future legal positions and can be cited by current or future defendants. 
    It can be difficult to compare new cases to past precedent where it is not clear in the public documents what specific factors led to the evaluation of the past charges, penalty, other remedies, undertakings, and the language used.  This is not always because of government decisions.  Practitioners may say that they want more regulatory clarity, even while they advocate against “speaking orders,” limiting clarity. 
    Increasing transparency about the factors the CFTC weighed when evaluating the outcome of a case can strengthen the incentive for self-reporting and cooperation.  I appreciate that the Division of Enforcement intended to do so for the penalty outcome in the Advisory.  But I find that the evaluation is not so straightforward.  Rather than comment on individual cases, which I rarely do as I follow standard government practice that the government should speak with one voice, I seek to increase transparency by providing general insight into my own evaluation of a case, an evaluation shaped by over two decades of federal law enforcement experience.  
    I encourage all defendants seeking self-reporting and cooperation credit, as well as the CFTC Enforcement Division, to address all the potential factors and outcomes, rather than focusing on penalties alone.  As a Commissioner, the penalty is not where I start in my evaluation, and it is not always the most important factor to a defendant or the government.  Once I determine that settlement may be appropriate, the factors that I evaluate are:
    Factor 1: Recidivist, Repeat Defendant, Parallel Defendant
    As a Commissioner, my evaluation starts with whether the defendant is a recidivist or a repeat (or parallel) defendant of the CFTC or other government agencies.  While the notion of recidivism is briefly mentioned in the Advisory, it does not address whether or how a recidivist defendant would be treated.
    I would find it completely inconsistent with the history of CFTC enforcement and broader federal enforcement if the Enforcement Division recommended giving significant credit off a penalty to a recidivist even if they promptly self-reported the second or third violation, had the highest level of cooperation, and fully remediated.  That defendant should have fixed the problem after the first time, and I would question their credibility on remediation.   
    Moreover, the words “recidivist” or “recidivism” are too often narrowly defined, including in the Advisory, which refers on page 3 to “the same specific violation and facts and circumstances.”  A second or third violation rarely has the same specific facts and circumstances.  Moreover, limiting recidivism to the same specific violation leaves out similar activity that may have been raised by the CFTC, the SEC, DOJ, or other federal agency, or an exchange.  I will also look to see if the defendant is a repeat defendant before the CFTC, and I will review those cases, putting particular emphasis on similar conduct, particularly in recent history.  I expand that evaluation to other agency cases (SEC, DOJ, etc.) against the defendant, looking for similarities, recent conduct, or systemic or widespread failures. 
    It also matters whether the defendant is facing parallel federal cases.  It is appropriate for the CFTC to take into account penalties and other monetary remedies required by another agency, and where appropriate, provide credit.  Sometimes this credit is not clear from the public documents, as it is not actually listed as a credit, but instead taken into consideration in determining outcomes.
    Factor 2: The Harm Posed
    The government has a strong public interest in protecting individuals harmed by violations of CFTC laws and rules through accountability.  I evaluate cases by looking at the gravity of the violation, as well as any aggravating or mitigating factors. 
    Significant harm or risk of harm to individual victims should result in a strong resolution. This is especially true for harm to retail customers or vulnerable victims.  The rise in retail customers in CFTC-regulated markets may also mean that past precedent before the rise in retail may not be comparable.  A strong resolution is also appropriate for significant harm to end users, including for example farmers and agricultural producers. 
    Additionally, as a markets regulator, the CFTC has a strong public interest in bringing accountability and preventing significant harm or risk of harm to market integrity or financial stability.  Harm posed to markets or financial stability can ultimately impact individuals, as seen in the 2008 financial crisis or in artificially inflated prices due to market manipulation.   
    It is important to evaluate the purpose behind the laws and rules violated.[1]  There may also be a need to send a pronounced message about particular conduct or practices.   
    Factor 3: Scienter
    Scienter will play a substantial role in determining self-reporting and cooperation credit.  The higher the scienter, the stronger the need for accountability and deterrence in all the potential outcomes (charging decisions, language used in charging documents, penalties, other remedies and undertakings, etc.), which may limit cooperation credit. 
    I strongly disagree with the statement in the Advisory that “In extraordinary circumstances—for example where a person is the first to self-report pervasive fraud, manipulation, or abuse involving multiple parties, and also provides Exemplary Cooperation—the Division may recommend a declination.”  Such a statement is inconsistent with historical federal civil law enforcement where the first one in the door is often charged, albeit sometimes with a lesser charge or other outcome.  
    I would also find it challenging to assign significant self-reporting and cooperation credit in cases with a high level of scienter, particularly where there is significant harm.  Otherwise, a defendant could intentionally violate the law, benefit for some time and cause (or pose) significant harm, but then seek to limit culpability and accountability by promptly self-reporting, cooperating, and remediating. I would also find it challenging to assign significant self-reporting and cooperation credit in cases where the defendant engaged in obstruction, lying or concealment in an investigation or examination by the CFTC, SRO, exchange or other federal agency, on the same conduct, but later self-reported and cooperated.
    Scienter is not limited to intentional or willful conduct.  Federal laws establish different levels of scienter.  I will consider the levels of scienter as established by the law, in determining all outcomes of the case.  As one of the scienter considerations, it is important to evaluate the age of the rule.
    Recidivism is one factor that plays into the scienter determination, but there are others. Failure to put resources into systems and staff to ensure compliance is a choice even if the level of scienter for a specific violation does not rise to the level of intentional conduct. 
    Factor 4: The Nature of Charges and Who is Charged
    The nature of the charges and who is charged may reflect an unstated non-monetary credit for self-reporting, cooperation and remediation.  An important part of the evaluation of a case is whether the Enforcement Division could have recommended more charges, but pulled back, taking into consideration a defendant’s self-reporting, cooperation, and remediation.  Defendants should recognize the government’s decision to forego charges that it could have pursued as one of the most powerful incentives to self-report and cooperate, short of the government not bringing charges. 
    Charges against multiple companies and individuals are also part of the evaluation.  This is particularly true in cases with a high degree of scienter or in cases with widespread or longstanding illegal activity. The government’s decision not to pursue charges against multiple companies or individuals based on self-reporting and cooperation may also be recognized as a non-monetary credit.
    Factor 5: Acceptance of Responsibility
    The level of a defendant’s acceptance of responsibility is an important factor to consider in weighing self-reporting and cooperation credit.  This includes, as the Advisory discusses, the fullness of the self-reporting and cooperation. 
    Acceptance of responsibility also includes defendant admissions in appropriate cases, as discussed in the Advisory.  Practitioners in the CFTC space are aware of my statement on the public interest in increased accountability, transparency, and deterrence by the CFTC requiring defendants to admit wrongdoing in appropriate cases.  I created the Heightened Enforcement Accountability and Transparency test (the HEAT test) in September 2022.[2]  It has since become common practice for defendants to analyze the HEAT test in their materials to the Enforcement Division.  Since I announced the HEAT test, the Commission has required defendants to admit their wrongdoing in 57 cases.[3] 
    I evaluate all the above factors before I evaluate the appropriate penalty. 
    Factor 6: Accountability and Deterrence
    The goal of a penalty is accountability and deterrence.  Therefore, I look to determine the appropriate penalty necessary to achieve accountability and deterrence. 
    Accountability through a penalty reflects the seriousness of upholding the law, and the government’s interest in enforcing the law.  Deterrence includes specific deterrence—to deter that defendant from breaking the law again.  Therefore, the facts about that particular defendant matter.  It also includes general deterrence—deterring others who may be breaking the law now or in the future. 
    In determining the penalty necessary to achieve accountability and deterrence, past precedent is helpful if truly applicable.  Too often it is approached as a formulaic driver of the appropriate penalty. I find it unhelpful to see comparisons that count the number of violations and the number of years in each past case and compare those with the case before the Commission.[4]  Lost in that approach is the reasoning behind the penalty—accountability and deterrence—based on the facts and circumstances of the case before the Commission.   
    I would prefer to see a discussion and analysis on accountability in a section on the gravity of the specific violation by this defendant versus the gravity of other cases. The same law can be violated in different ways that carry different levels of gravity.  I would also prefer to see a discussion and analysis about the seriousness of upholding the specific law violated and a discussion and analysis of both specific and general deterrence.  In some cases, the CFTC may wish to send a pronounced deterrent message.  This may be the case when the CFTC starts seeing a pattern of violations or finds an egregious violation.   
    Additional transparency into the CFTC’s decision making in each case can help ensure that past precedent is understood and appropriately applied.[5]  As one example, in some cases, the Enforcement Division would have recommended a larger penalty, but for the financial condition or size of the company, inability to collect the penalty, or a parallel case.  In those instances, the CFTC and defendants should be cautious about using those cases as precedent and the CFTC should explain that.  If the explanation is sensitive, the CFTC could include a statement to the effect that due to extenuating circumstances, that case should not be viewed as precedential.
    The timing of a case also contributes to penalty calculation.  In some cases, the first enforcement cases soon after the implementation of a new rule had lower penalties, where the CFTC considered recent implementation of the rule as a mitigating factor, even if not publicly stated. That mitigation would decrease over time, resulting in higher penalties.  Swap data reporting cases are a good example.  For that reason, early cases are less comparable.  It’s less about the idea of ratcheting up the penalty over time. It’s more of an idea that in the beginning, the CFTC ratcheted down the penalty because of the mitigating factor that was later removed.   
    Factor 7: Other Remedies and Undertakings
    In evaluating all outcomes of the case, other remedies are often appropriate to achieve the goals of accountability and deterrence.  This includes statutory disqualifications, bans on future trading or other activity, a company holding individuals accountable, and other outcomes. Internally, I have often emphasized the importance of undertakings that are effectively designed to prevent future violations and requested additional undertakings.      
    The Enforcement Division may recognize self-reporting and cooperation by foregoing certain remedies or undertakings.  I have often seen the Enforcement Division not recommend undertakings where the defendant has either substantially remediated or offered a remediation plan.  I have also seen the Enforcement Division not recommend that the CFTC require a monitor where the Division trusts the defendant to follow through with its remediation plan.  These are examples of non-monetary cooperation credit that the CFTC should publicly recognize to increase transparency and incentives.
    Conclusion
    The bottom line is that it should be worthwhile for a defendant to self-report and cooperate with the U.S. government and the government should make that clear through the CFTC increasing transparency in public documents on specific cases.  I hope that this statement brings greater transparency to how one Commissioner evaluates cases and considers both monetary and non-monetary credits for self-reporting and cooperation in determining the total outcome in the case.  I propose that the CFTC as an agency increase transparency into the decision-making of outcomes (both monetary and non-monetary) in specific cases to increase the incentive for companies to self-report and cooperate. 

    [1] Recently I have heard practitioners discuss compliance-related rules effectively as non-serious foot faults, where there was no obvious harm. Many of these rules were put into place in the wake of the financial crisis, when the market and the government were in the dark.  I do not consider reporting failures or record keeping violations as foot faults. Without that reporting, the CFTC is limited in its core mission to oversee markets, including conducting surveillance to ensure market integrity and financial stability, and evaluating a defendant’s scienter.

    [3] I have also voted in favor of certain cases that did not include defendant admissions where the HEAT test weighed against requiring admissions.

    [4] I would expect the Enforcement Division to review the Enforcement Division memos to the Commission in relevant cases, not just the public order, to complete their analysis.  I would also encourage the Enforcement Division to address those factors in the public documents for cases going forward.

    [5] Additionally, I have often seen a defendant’s counsel not raise certain cases in their analysis of past precedent or cite to cases that are not directly on point.  As we are aware of and analyze past cases, I view that as a defendant giving up its opportunity to share their voice with the Commission.

    MIL OSI USA News –

  • MIL-OSI USA: Powering New York with Renewable Energy

    Source: US State of New York

    overnor Kathy Hochul today announced that contracts have been executed for 26 large-scale land-based renewable energy projects that, upon completion, will provide more than 2.5 gigawatts of clean energy, enough to power more than 670,000 homes throughout New York State. These projects are expected to create more than 1,900 near-term, family-supporting jobs and generate more than $6 billion in private investment while reinforcing the State’s commitment to the development of locally-produced clean energy, grid resiliency and economic development.

    “New York is creating competitive opportunities for the clean energy industry, and we could not do this without the shared commitment of our private partners,” Governor Hochul said. “The advancement of renewable energy is part of the foundation of New York’s plan to transform to a zero-emission electricity system and continue our green economy’s momentum forward.”

    These contracted awards are the result of the New York State Energy Research and Development Authority’s (NYSERDA) 2024 Tier 1 Renewable Energy Standard solicitation. Once constructed, the projects will produce approximately 5,000 gigawatt-hours annually–which is enough to power more than 670,000 homes–provide public health benefits resulting from reduced exposure to harmful air pollutants; and provide more than $300 million in commitments to disadvantaged communities, as defined by the Climate Justice Working Group, from long-term payments to community benefit funds.

    New York State Energy Research and Development Authority President and CEO Doreen M. Harris said, “As New York transitions to a clean energy economy, we celebrate these 26 projects and the significant energy they will provide. New York remains an innovator in accelerating clean energy projects, advancing clean energy jobs, and spurring economic development opportunities for businesses and our local communities all across our state.”

    Contracted projects include:

    Capital Region

    • Dolan Solar, Washington County
    • Hawthorn Solar, Rensselaer County
    • Somers Solar, Washington County
    • Shepherd’s Run Solar Project, Columbia County

    Central New York

    • Agricola Wind, Cayuga County
    • Homer Solar Energy Center, Cortland County

    Finger Lakes

    • Highbanks Solar, Livingston County
    • Horseshoe Solar Energy Center, Livingston and Monroe Counties
    • Valcour Bliss Windpark, Wyoming County

    Mohawk Valley

    • Dolgeville Hydro, Herkimer County
    • Flat Creek Solar, Montgomery County
    • Mill Point Solar I, Montgomery County
    • Skyline Solar, Oneida County

    North Country

    • ELP Ticonderoga Solar, Essex County
    • Fort Covington Solar Farm, Franklin County
    • Lyons Falls Mill Repower, Lewis County
    • Tracy Solar Energy Center, Jefferson County
    • Two Rivers Solar Farm, St. Lawrence County
    • Valcour Altona Windpark, Clinton County
    • Valcour Clinton Windpark, Clinton County

    Southern Tier

    • High Bridge Wind, Chenango County
    • Prattsburgh Wind Farm, Steuben County
    • Yellow Barn Solar, Tompkins County

    Western New York

    • Moraine Solar Energy Center, Allegany County
    • South Ripley Solar, Chautauqua County
    • York Run Solar, Chautauqua County

    The payments under the contracted projects will only begin once projects are constructed and begin delivering renewable energy to New York after obtaining all required permits and approvals. Several projects have already commenced construction activities. All projects are expected to be operational by 2029.

    Additionally, the State will continue to emphasize engagements with the projects’ host communities. NYSERDA offers resources and no-cost technical assistance to help local governments understand how to manage responsible clean energy development in their communities, including step-by-step instructions and tools to guide the coordination of new clean energy projects, permitting processes, property taxes, siting, zoning, and more.

    New York State Department of Public Service CEO Rory M. Christian said, “We applaud Governor Hochul’s commitment to move New York State toward a clean energy economy. The projects being announced today will spur the creation of clean energy jobs as well as encouraging economic development opportunities in New York State.”

    New York State Department of Environmental Conservation Acting Commissioner Amanda Lefton said, “These large-scale renewable energy projects demonstrate how clean energy and job creation go hand-in-hand to build healthier communities and stronger economies. More than two dozen projects under contracts through NYSERDA will generate renewable power and private investment that helps continue the significant progress underway to reduce polluting power sources.”

    New York State Department of Labor Commissioner Roberta Reardon said, “I thank Governor Hochul for maintaining our state’s leadership in the clean energy sector and for continuing to create great career opportunities for New Yorkers statewide. These investments will continue to build a more energy efficient and environmentally friendly future for New York State.”

    State Senator Kevin Parker said, “As Chair of the Senate Energy and Telecommunications Committee, I am proud to work alongside NYSERDA, a critical partner in advancing New York’s clean energy future. Their continued leadership in delivering funding awards and innovative programs is essential to meeting the goals of the Climate Leadership and Community Protection Act. Together, we are not only strengthening the state’s electric grid with renewable energy, but also ensuring that disadvantaged communities share in the economic and environmental benefits of this transition.”

    New York State AFL-CIO President Mario Cilento said, “Congratulations to Governor Hochul and NYSERDA on another major milestone toward achieving New York’s renewable energy goals while adhering to robust labor standards and protections and Buy American policies. This will create good union jobs while building up the State’s clean energy program.”

    New York State Building Trades President Gary LaBarbera said, “Renewable energy projects continue to represent major opportunities for New York to not only achieve the goals set out by CLCPA but also create thousands of family-sustaining union careers and economic stimulus that will reinvigorate our communities and the middle class. The execution of these contracts represents a significant milestone for reaping the benefits of these clean energy initiatives. We thank Governor Hochul and NYSERDA for their continued commitment to pushing forward the development of green infrastructure in New York.”

    Alliance for Clean Energy New York Executive Director Marguerite Wells said, “The benefits of locally-produced renewable energy are immense and wide-ranging. We thank Governor Hochul for continuing to guide the state through our clean energy transition, which will not only benefit the New Yorkers of today but also those of generations to come. Today’s announcement shows there is continued enthusiasm from private developers to invest in New York, and New York remains ready to greet them.”

    New York League of Conservation Voters President Julie Tighe said, “Climate change is happening now and the impacts will only get worse if we don’t transition off of fossil fuels and deliver on our clean energy future. Today’s announcement of new land-based renewable energy projects will mean fewer greenhouse gas emissions, better air quality, and good union jobs for New Yorkers. We thank Governor Hochul for her environmental leadership and congratulate NYSERDA on this progress toward meeting our clean energy goals.”

    Natural Resources Defense Council Power Sector Managing Director Kit Kennedy said, “New York State’s leadership on clean energy is more important now than ever, given the federal government’s efforts to turn back progress. The clean energy projects announced today by Governor Hochul mean more jobs, more economic development for communities, less health-harming air pollution, and lower electricity system costs. This is what leadership means. Let’s keep it coming!”

    Citizens Campaign for the Environment Executive Director Adrienne Esposito said, “We are thrilled that NY is taking another significant step forward in our state’s ongoing transition to a clean energy future. As national momentum around renewable energy and climate action stumbles, it’s more important than ever for states like New York to lead. Leadership matters and we need NY to continue on a course of establishing a 21st century energy infrastructure plan we can be proud of! These projects will deliver reliable, locally-produced clean energy to millions of New Yorkers helping to meet the state’s ambitious renewable energy goals while combating climate change, creating jobs, strengthening our economy, and enhancing long-term energy security. CCE commends Governor Hochul and NYSERDA for their commitment to advancing critical renewable energy projects that benefit both our environment and our communities.”

    Advanced Energy United New York Policy Lead Kristina Persaud said, “This is an exciting milestone for New York’s clean energy future. These large-scale renewable energy projects will bring real economic benefits to communities across the state. These projects will not only provide clean power, but also quality jobs for New Yorkers. At the same time, they strengthen New York’s leadership in the rapidly growing clean energy sector, positioning the state to compete in a global market and reap the long-term economic benefits of a modern energy economy.”

    These projects will add to New York’s robust portfolio of large-scale renewable energy projects, now comprised of nearly 100 solar, land-based wind, hydroelectric and offshore wind projects currently operating or under development that are expected to deliver approximately 10 gigawatts of clean power to the grid — enough to power more than 3.3 million New York homes. Of these nearly 100 projects, more than one gigawatt of capacity is under construction, which once completed will add to the 31 operational projects currently delivering 1.4 gigawatts of clean energy to the grid – now supplying power to nearly half a million New York homes.

    New York State’s Climate Agenda

    New York State’s climate agenda calls for an affordable and just transition to a clean energy economy that creates family-sustaining jobs, promotes economic growth through green investments, and directs a minimum of 35 percent of the benefits to disadvantaged communities. New York is advancing a suite of efforts to achieve an emissions-free economy by 2050, including in the energy, buildings, transportation, and waste sectors.

    MIL OSI USA News –

  • MIL-OSI USA: CFTC Staff Issues Interpretation Regarding Certain Cross-Border Definitions

    Source: US Commodity Futures Trading Commission

    CFTC Staff Issues Interpretation Regarding Certain Cross-Border Definitions | CFTC

    /PressRoom/PressReleases/9077-25
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    May 21, 2025

    WASHINGTON, D.C. — The Commodity Futures Trading Commission’s Market Participants Division and Division of Market Oversight today issued an interpretative letter confirming the application of certain cross-border definitions to a proprietary trading firm organized in a foreign jurisdiction. 
    Specifically, based on the facts presented, the interpretative letter confirms that the proprietary trading firm:

    Is not a “person located in the United States” for purposes of the “foreign futures or foreign options customer” definition in Commission regulation 30.1(c);
    Is not a “participant located in the United States” for purposes of Commission regulation 48.2(c);
    Is a “foreign located person” for purposes of Commission regulation 3.10(c)(1)(ii); and
    Is not a “U.S. person” as defined by Commission regulation 23.23(a) and the Commission’s 2013 Interpretive Guidance and Policy Statement Regarding Compliance With Certain Swap Regulations. 

    The interpretation was issued in response to a request from the proprietary trading firm.

    -CFTC-

    MIL OSI USA News –

  • MIL-OSI USA: DOJ Press releases at OCI (Prior Years)

    Source: US Department of Health and Human Services – 3

    05/21/2019
    December 10, 2018: Olympus Medical Systems Corporation, Former Senior Executive Plead Guilty to Distributing Endoscopes After Failing to File FDA-Required Adverse Event Reports of Serious Infections

    03/26/2019
    March 30, 2018: KC Paramedic Indicted for Stealing Fentanyl, Morphine from Ambulances

    03/26/2019
    March 30, 2018: Counterfeit Cigarette Smuggler Sentenced to Prison

    03/20/2019
    April 4, 2018: Canadian Pharmacist Sentenced for Distributing Counterfeit and Adulterated Botox to Local Doctors

    03/20/2019
    March 27, 2018: Compounding Pharmacy Owner Sentenced to Five Years in Prison for $10.5 Million Health Care Fraud

    03/20/2019
    March 27, 2018: Federal Jury Finds Three Guilty in Fentanyl Distribution Conspiracy

    03/20/2019
    April 4, 2018: Fences Indicted in Multi-Million Dollar, Multi-State Criminal Theft Operations

    03/19/2019
    March 30, 2018: Lynn Man Sentenced to Over 10 Years in Prison for Role in Counterfeit Steroid Conspiracy

    03/05/2019
    October 1, 2018: AmerisourceBergen Corp. to Pay $625 Million to Settle Civil Fraud Allegations Resulting from Its Repackaging and Sale of Adulterated Drugs and Unapproved New Drugs, Double Billing and Providing Kickbacks

    03/05/2019
    October 18, 2018: Pharmacist Indicted for Taking Drugs, Carrying Firearm in Violation of Court Order

    03/05/2019
    October 15, 2018: Leader of Fraudulent Prescription Conspiracy Sentenced to Six Years in Prison

    03/05/2019
    November 29, 2018: Two Practitioners Sentenced for Drug Crimes in Connection with HOPE Clinic

    03/05/2019
    December 4, 2018: Medical Device Maker ev3 Agrees to Plead Guilty and Pay $17.9 Million for Distributing Adulterated Device

    03/05/2019
    November 20, 2018: Rochester Man Pleads Guilty to Smuggling Counterfeit Cialis and Viagra into the United States

    03/05/2019
    November 19, 2018: Georgia Man Charged with Social Security and Wire Fraud

    03/05/2019
    October 22, 2018: Medical Equipment Company Agrees to Pay $5.25 Million to Resolve Allegations of Fraudulent Claims for Compounded Medical Creams

    03/05/2019
    October 15, 2018: Four Men and Seven Companies Indicted for Billion-Dollar Telemedicine Fraud Conspiracy, Telemedicine Company and CEO Plead Guilty in Two Fraud Schemes

    03/05/2019
    November 5, 2018: Nurse Sentenced for Taking Fentanyl for Personal Use

    03/05/2019
    November 28, 2018: Former Vice President of Insys Pharmaceuticals Pleads Guilty to Racketeering Scheme

    03/05/2019
    October 18, 2018: Grand Jury Returns Superseding Indictment In Shamo Case; Adds Distribution Of Fentanyl Count Resulting In Death

    03/05/2019
    November 29, 2018: Dietary Supplement Ingredient Importers Arrested in Connection with Large-Scale Smuggling and Money Laundering Scheme

    03/05/2019
    December 4, 2018: Memphis Man Pleads Guilty to Tampering with Consumer Products

    03/05/2019
    October 22, 2018: Oklahoma Orthopedic Company to Pay $455,000 to Settle Claims of False Medical Billing

    02/25/2019
    December 13, 2018: Floridian Pleads Guilty in Complex Fraud Scheme Related to the Processing of Credit Card Payments

    02/25/2019
    December 13, 2018: Owner and Four Former Employees of New England Compounding Center Convicted Following Trial

    02/25/2019
    December 7, 2018: VA Nurse Admits to Fraudulently Obtaining and Tampering with Opioid Prescriptions

    02/25/2019
    December 4, 2018: Des Moines Residents Sentenced for Felony Federal Food, Drug, and Cosmetic Act Offense

    02/13/2019
    October 11, 2018: Two Companies Ordered to Pay More Than $7 Million for Adulterated and Misbranded Pet Food Ingredients

    02/13/2019
    October 4, 2018: Troutdale Doctor Sentenced for Purchasing and Administering Foreign-Sourced Botox and Juvaderm

    09/25/2018
    September 24, 2018: Board Certified Ophthalmologist Agrees to Civil Fraud Settlement in Medicare Fraud Investigation

    09/19/2018
    September 19, 2018: Springfield Doctor Sentenced for Illegally Sharing Patient Medical Files

    09/17/2018
    September 11, 2018: Columbus Pharmacist Sentenced for Health Care Fraud Scheme

    09/17/2018
    September 8, 2017: Galena Biopharma Inc. to Pay More than $7.55 Million to Resolve Alleged False Claims Related to Opioid Drug

    09/10/2018
    September 6, 2018: Cattle Company and Veterinarian Indicted for False Health Certificates on Livestock

    09/06/2018
    August 31, 2018: Former Home Health Nurse Pleads Guilty to Tampering with Patients’ Drugs

    09/04/2018
    August 30, 2018: Massachusetts Man Pleads Guilty to Conspiracy to Distribute Misbranded Prescription Horse Drugs

    08/30/2018
    August 28, 2018: Providence Nurse Sentenced for Tampering with Oxycodone

    08/23/2018
    August 22, 2018: Louisiana Pharmacist Convicted of Trafficking and Selling Stolen Medication

    08/20/2018
    August 17, 2018: Unlicensed Pharmacy Technician Pleads Guilty to Working at New England Compounding Center

    08/16/2018
    August 16, 2018: Genesee County Physician and Two Others Charged with Health Care Fraud

    08/16/2018
    August 15, 2018: Florida Man Pleads Guilty to Scheme to Market Dietary Supplements

    08/06/2018
    August 3, 2018: Northwest ENT Associates, P.C. to Pay Approximately $1.2 Million to Resolve False Claims Act Allegations

    08/01/2018
    July 31, 2018: Three Canadians and their Company Sentenced for Wholesale Distribution of Misbranded Prescription Drugs and Money Laundering

    07/31/2018
    July 30, 2018: Two People Guilty of Distributing Tramadol Pills

    07/30/2018
    July 26, 2018: Miami-Dade Resident Charged in Connection with Performance of Illicit Silicone Injections

    07/24/2018
    July 23, 2018: Springfield EMT/Paramedic Pleads Guilty to Stealing Fentanyl, Morphine

    07/19/2018
    July 18, 2018: Medical Device Maker AngioDynamics Agrees to Pay $12.5 Million to Resolve False Claims Act Allegations

    07/17/2018
    July 17, 2018: Former President of Cumberland Distribution, Inc. Sentenced to 15 Years in Federal Prison for $50 Million Drug Diversion Scheme

    07/12/2018
    July 10, 2018: Pawtucket Woman Sentenced for Participation in Opioid Prescription Conspiracy

    07/11/2018
    July 10, 2018: VA Medical Center Nurse Indicted, Arraigned for Allegedly Tampering with and Stealing Prescription Opioids

    07/11/2018
    July 10, 2018: Former Des Moines Pharmacy Technician Sentenced for Illegally Tampering with Fentanyl

    07/11/2018
    July 10: 2018: Former Pharmacy Technician Indicted for Stealing Fentanyl, Morphine

    07/09/2018
    July 6, 2018: Vero Beach Orthopedic Surgeon Sentenced to Life in Prison Following Conviction for Fentanyl Analog Drug Conspiracy Resulting in Death

    07/09/2018
    July 6, 2018: Internet Business Owner Pleads Guilty to Selling $2.3 Million Worth of Non-FDA Approved and Misbranded Botox and Juvederm-Related Products

    07/05/2018
    July 3, 2018: Canton Man Indicted on Fentanyl and Firearms Charges

    06/28/2018
    June 28, 2018: Southern District of Florida Charges 124 Individuals Responsible for $337 Million in False Billing as Part of National Healthcare Fraud Takedown

    06/22/2018
    June 20, 2018: Fitchburg Woman and Saugus Man Sentenced for Roles in Counterfeit Steroid Conspiracy

    06/18/2018
    June 15, 2018: Theranos Founder and Former Chief Operating Officer Charged in Alleged Wire Fraud Schemes

    06/05/2018
    June 5, 2018: Opioid Prescription Conspiracy Leader Pleads Guilty

    05/31/2018
    May 31, 2018: Notification of Stolen Fertility Drugs: Gonal-f® RFF Redi-ject® and Gonal-f® Multi-Dose

    05/21/2018
    May 21, 2018: Mississippi Man Pleads Guilty to Fraud Scheme Involving the Reselling of Food Products That Were to Be Destroyed

    05/08/2018
    May 8, 2018: Notification of Stolen Octagam

    04/19/2018
    April 13, 2018: Canadian Drug Firm Admits Selling Counterfeit and Misbranded Prescription Drugs Throughout the United States

    04/19/2018
    April 12, 2018: Chinese Citizen Pleads Guilty to Mail Fraud Related to Dietary Supplement Scheme

    04/19/2018
    April 6, 2018: New Hampshire Residents Sentenced for Participating in Scheme to Distribute Misbranded Drugs

    03/15/2018
    March 14, 2018: Meridian Nurse Practitioner Pleads Guilty to Obtaining Controlled Substances by Fraud

    03/14/2018
    March 12, 2018: Champaign, Illinois, Resident Sentenced to One Year in Prison for Producing and Selling Over 80,000 Homemade Tramadol Capsules to Customers without Verifying Prescriptions

    03/13/2018
    March 12, 2018: Pharmacist and Pharmacy Employee Sentenced for Involvement in Over $30 Million Health Care Fraud

    03/08/2018
    March 6, 2018: Monterey Park Woman Sentenced to Two Years in Prison for Injecting Foreign Substance into Woman for Buttocks Enhancement

    03/08/2018
    March 8, 2018: Four Individuals Indicted for Trafficking in Counterfeit Goods

    03/05/2018
    March 2, 2018: Woman Sentenced for Injecting Adulterated Liquid Silicone

    03/05/2018
    February 23, 2018: Lake Charles Veterinarian, Pharmacy Sentenced for In-Race Horse Doping Conspiracy

    03/01/2018
    February 28, 2018: Two Doctors Arrested Pursuant to Federal Indictment That Alleges Bogus Sleep Studies Helped 1-800-Get-Thin Fraudulently Bill Insurance Programs Over $250 Million Related to Lap-Band Surgeries

    02/27/2018
    February 27, 2018: Former President of Houston-Based Drug Company Convicted in $50 Million Drug Diversion Scheme

    02/22/2018
    February 21, 2018: Pharmacy Tech Sentenced to Five Years in Prison for Tampering with Opioids for IV Fluid

    02/21/2018
    February 20, 2018: U.S. Attorney Announces 69-count Indictment Charging Owners, Managers and Physicians Associated with Hope Clinic

    02/21/2018
    February 14, 2018: Palmer Man Sentenced for Conspiring to Import Prescription Drugs from Pakistan

    02/20/2018
    August 19, 2016: Pharmacy Owner and Medical Doctor Charged in an Internet Scheme to Dispense Medications to Customers without Valid Prescriptions

    02/14/2018
    February 14, 2018: Two Indian Citizens and India-based Corporation Sentenced for Conspiring to Smuggle Counterfeit Cigarettes

    02/12/2018
    February 8, 2018: Queensbury Oncologist and Spouse to Pay $500,000 for Submitting False Claims to Medicare for the Administration of Unapproved Cancer Drugs

    02/12/2018
    February 9, 2018: Tampa Resident Convicted for Involvement with Tricare Health Care Fraud Scheme

    02/05/2018
    February 5, 2018: Pennsylvania Firearms Dealer Sentenced To 100 Months Imprisonment

    02/05/2018
    November 25, 2018: Nevada Man Indicted for Distribution of Anabolic Steroids and Drug Misbranding

    02/05/2018
    February 5, 2018: Three Florida Residents Sentenced for Operating an Illegal Steroid and Counterfeit Prescription Drug Lab

    01/31/2018
    January 31, 2018: New England Compounding Center Pharmacist Sentenced for Role in Nationwide Fungal Meningitis Outbreak

    01/24/2018
    September 25, 2017: U.S. Attorney Charges Pharmacy Tech for Tampering with Opioids

    01/24/2018
    January 13, 2017: Two Louisiana Men Sentenced for Roles in On-line Pharmacy Scheme

    01/24/2018
    May 17, 2017: Gardner Man Charged with Conspiracy to Traffic Counterfeit Steroids

    01/24/2018
    December 6, 2016: Two Sentenced for Trafficking in Counterfeit Viagra and Cialis

    01/24/2018
    September 11, 2017: Knoxville Man Pleads Guilty to Conspiring to Defraud the FDA

    01/24/2018
    December 9, 2016: Carroll County Man Pleads Guilty to Federal Conspiracy Charge

    01/24/2018
    July 18, 2016: Cincinnati Man Sentenced for Illegally Importing Drugs into U.S.

    01/24/2018
    July 7, 2016: Johnston Resident Charged with Drug Trafficking, Money Laundering

    01/24/2018
    January 7, 2016: Former Nurse Pleads Guilty to Stealing Narcotics from Hospital

    01/24/2018
    February 15, 2017: Hampton-Based Spice Dealer Sentenced to 17 Years in Prison

    01/24/2018
    July 13, 2017: Four Charged in Counterfeit Body Building Steroid Conspiracy

    01/24/2018
    December 8, 2016: Pharmaceutical Executives Charged in Racketeering Scheme

    01/24/2018
    December 2, 2016: Woman Arrested For Injecting Adulterated Liquid Silicone

    01/24/2018
    September 20, 2017: Registered Nurse Sentenced for Tampering with Fentanyl

    01/24/2018
    June 28, 2017: Registered Nurse Pleads Guilty to Tampering with Fentanyl

    01/24/2018
    June 27, 2016: Hampton-Based Spice Retailer and Wholesaler Pleads Guilty

    01/24/2018
    May 31, 2016: Worcester Nurse Indicted on Federal Drug Tampering Charges

    01/24/2018
    August 7, 2017: Notification of Stolen Sterile Prescription Injectable Products

    01/23/2018
    January 23, 2018: Two Indian Citizens and India-based Corporation Plead Guilty to Conspiring to Smuggle Counterfeit Cigarettes

    01/17/2018
    January 12, 2018: Owner of Seafood Company Charged in Atlantic Blue Crab Scam

    01/17/2018
    September 22, 2017: Drug Maker Aegerion Agrees to Plead Guilty; Will Pay More Than $35 Million to Resolve Criminal Charges and Civil False Claims Allegations

    01/16/2018
    June 30, 2017: Bath County Man Sentenced For Misbranding Drugs and Obstructing Justice

    01/16/2018
    June 21, 2017: Gardner Man Pleads Guilty to Conspiracy to Traffic Counterfeit Steroids

    01/16/2018
    August 28, 2017: Costa Rican Defendant Appears in Federal Court to Face Fraud Charges

    01/16/2018
    July 17, 2017: Leader of $17 Million Health Insurance Fraud Scheme Ordered to Prison

    01/16/2018
    October 11, 2016: Foreign National Pleads Guilty To International Wire Fraud Scheme

    01/16/2018
    August 30, 2017: Two Charged in Federal Court with Smuggling Counterfeit Cigarettes

    01/16/2018
    May 31, 2017: Men Sentenced to Combined 60 Years for Selling Spice in Hampton Roads

    01/12/2018
    December 20, 2016: New England Compounding Center’s National Sales Director Pleads Guilty

    01/12/2018
    July 19, 2017: Texas Man Sentenced to Prison for Conspiring to Import Prescription Drugs

    01/12/2018
    March 13, 2017: Vice-President of SK Labs Found Guilty of Conspiracy, Mail Fraud Charges

    01/12/2018
    December 27, 2016: Providence Nurse Charged in Connection with Tampering with Oxycodone

    01/12/2018
    January 20, 2016: Businessman Sentenced for Marketing and Selling Unapproved Remedies for Cancer

    01/12/2018
    March 2, 2017: Bath County Man Convicted of Obstructing Justice and Selling Misbranded Products

    01/12/2018
    February 6, 2017: Arizona Man Sentenced for Trafficking in Pet Products with Counterfeit Labels

    01/12/2018
    January 17, 2017: Tampa-Area Medical Device Salesman Guilty of Selling Expired Lap-Band Devices

    01/12/2018
    August 1, 2017: Two Kansans Sentenced for Operating Multimillion-Dollar Designer Drug Business

    01/12/2018
    June 2, 2016: Additional Criminal Charges Brought Against Indicted Penn National Horse Trainer

    01/12/2018
    June 15, 2017: Gloucester Woman Charged with Conspiracy to Traffic Steroids and Launder Money

    01/12/2018
    June 15, 2017: Two Kansans Sentenced for Operating Multimillion-Dollar Designer Drug Business

    01/12/2018
    May 15, 2017: Vitamin Shop Owner Guilty of Selling Misbranded Drugs and Controlled Substance

    01/12/2018
    August 15, 2016: Second Trafficker Convicted of Distributing Dangerous Counterfeit Viagra and Cialis

    01/12/2018
    July 17, 2017: Gloucester Woman Pleads Guilty to Her Role in Counterfeit Steroid Trafficking Scheme

    01/12/2018
    October 12, 2016: Colombian National Charged for Unlawfully Injecting Silicone into Victims Bodies

    01/12/2018
    July 28, 2017: Westerly Resident to Plead Guilty to Trafficking Steroids, Money Laundering Charges

    01/12/2018
    September 22, 2016: Hoover Man Charged for Marketing Misbranded Male Enhancement Drugs from China

    01/12/2018
    September, 22, 2016 Hoover Man Charged for Marketing Misbranded Male Enhancement Drugs from China

    01/12/2018
    August 2, 2016: Colombian National Charged for Unlawfully Injecting Silicone into Victims’ Bodies

    01/12/2018
    December 13, 2016: Tampa Resident Indicted for Involvement with Tricare Health Care Fraud Scheme

    01/12/2018
    September 5, 2017: New Hampshire Residents Plead Guilty to Conspiracy Involving Misbranded Drugs

    01/12/2018
    April 3, 2017: Printing and Packaging CEO Pleads Guilty to Trafficking in Counterfeit Labels and Packaging

    01/12/2018
    March 14, 2017: Woman Admits to Causing the Death of Another Person by Injecting Her with Liquid Silicone

    01/12/2018
    April 12, 2017: Former Medical Product Distributor Charged with False Statements about Hormone Shipments

    01/12/2018
    September 29, 2016: New York Man Pleads Guilty To Conspiring To Illegally Manufacture Designer Steroids

    01/12/2018
    July 1, 2016: New Hampshire Couple Indicted On Two Counts Of Illegal Distribution Of Prescription Drugs

    01/12/2018
    September 22, 2017:Woman Admits to Illegally Selling Prescription Drugs Not Approved for Use in the US

    01/12/2018
    June 22, 2016: Former Nurse Sentenced to 82 Months for Stealing and Tampering with Patient Medications

    01/12/2018
    June 13, 2017: Cherry Hill Doctor and Son Admit Defrauding Medicare, Agree To $1.78 Million Settlement

    01/12/2018
    December 19, 2016: New York Man Sentenced to Lengthy Prison Term for Selling Unsafe Dietary Supplements Online

    01/12/2018
    September 25, 2017: Pharmacy Manager Pleads Guilty to Illegal Prescription Drug Diversion and Money Laundering

    01/12/2018
    July 28, 2017: Tampa Woman Sentenced to Prison For Misbranded Drugs Used in Connection with Buttocks Injection

    01/12/2018
    March 28, 2017: Former Atlantic County, New Jersey, Man Charged with Smuggling and Dispensing Misbranded Drugs

    01/12/2018
    September 12, 2017: Former Paramedic Pleads Guilty to Stealing Pain-killing Drugs, Replacing Vials with Water

    01/12/2018
    July 29, 2016: Majority Owner of NECC and Husband Plead Guilty to Illegal Cash Withdrawals Following Outbreak

    01/12/2018
    May 15, 2017: Printing and Packaging Business Owner Convicted of Trafficking in Counterfeit Veterinary Labels

    01/12/2018
    July 14, 2017: Senior Executives of Medical Drug Re-Packager Plead Guilty to Defrauding Healthcare Providers

    01/12/2018
    July 20, 2016: Former Acclarent, Inc. Executives Convicted of Crimes Related to the Sale of Medical Devices

    01/12/2018
    June 6, 2016: Pharmaceutical Companies To Pay $67 Million To Resolve False Claims Act Allegations Relating To Tarceva

    01/12/2018
    February 16, 2017: Atlanta Man Convicted of Illegally Importing and Distributing Male Enhancement Products from China

    01/11/2018
    January 11, 2018: Former New Hampshire Pharmacist Pleads Guilty for Tampering with Narcotics at Bedford Pharmacy

    01/11/2018
    July 22, 2016: Medical Device Manufacturer Acclarent Inc. to Pay $18 Million to Settle False Claims Act Allegations

    01/11/2018
    November 15, 2016: Miami-Dade Resident Sentenced to Fifteen Months in Prison for Distributing Contaminated Cheese

    01/11/2018
    September 25, 2017: Millions of Medicines Seized in Largest INTERPOL Operation Against Illicit Online Pharmacies

    01/11/2018
    January 3, 2017: Notification of Stolen Reckitt Benckiser Retail, Non-Prescription, Consumer Healthcare Products

    01/09/2018
    August 1, 2017: Radford Nurse Who Tampered with Liquid Morphine Intended for Nursing Home Patients Sentenced in Federal Court

    01/09/2018
    November 4, 2016: Two Pakistani Nationals Sentenced for Conspiring to Illegally Ship Pharmaceuticals into the United States

    01/09/2018
    November 29, 2016: Eight Defendants Convicted For Conspiracy to Manufacture and Distribute Counterfeit 5-Hour Energy Drink

    01/09/2018
    September 11, 2017: Three Florida Residents Arrested After Law Enforcement Discover Steroid and Fake Prescription Drug Lab

    01/09/2018
    June 21, 2017: Counterfeiters Sentenced for Convictions in Nationwide Conspiracy to Distribute Fake 5-Hour Energy Drink

    01/09/2018
    May 31, 2017: Drug Trafficking Organization Faces Indictment For Involvment In Manufacturing Fake Prescriptions Drugs With Fentanyl

    01/09/2018
    July 6, 2016: New Jersey Medical Device Manufacturer Admits Selling Contaminated Ultrasound Gel; Court Orders Permanent Injunction

    01/09/2018
    June 26, 2017: Owner of New England Compounding Center Sentenced for Racketeering Leading to Nationwide Fungal Meningitis Outbreak

    01/09/2018
    June 21, 2016: Two Pharmacists Sentenced to Prison for Adulteration of Drugs in Connection with Alabama-Based Compounding Pharmacy

    01/09/2018
    February 14, 2017: Two Miami-Dade Women Charged in Connection with Their Operation of a Spa Performing Illicit Silicone Injections

    01/09/2018
    June 22, 2017: Pharmacy Owner and Director of Compliance Charged with Defrauding United States and Distributing Adulterated Drugs

    01/09/2018
    April 12, 2017: Owners of Two Los Angeles-Area Drug Wholesale Companies Arrested in $20 Million Federal ‘Structuring’ Conspiracy

    01/09/2018
    December 2, 2016: Former Police Officer Sentenced in White Plains Federal Court to 8 Years in Prison for Selling Date Rape Drug

    01/09/2018
    February 7, 2017: Randallstown Woman Pleads Guilty to Injecting Non-Medical Grade Silicone into the Bodies of Victim Customers

    01/09/2018
    August 30, 2017: Miami-Dade Resident Sentenced to More Than 6 Years in Prison for Operating a Miami Spa Performing Illicit Silicone Injections

    01/09/2018
    March 28, 2017: 3 Canadians and their Vancouver Company Charged with Conspiring to Sell Foreign-Made Drugs to Western Pennsylvania Pharmacists

    01/09/2018
    March 9, 2017: Internet Business Owner Indicted for Selling Non-FDA Approved and Misbranded Versions of Botox and Juvederm Related Products

    01/09/2018
    June 8, 2017: Houston, Texas Man convicted of Smuggling Korean Human Growth Hormone Drugs to Local Patients and Professional Wrestlers

    01/09/2018
    February 16, 2017: Oncology Practice, Doctor and Practice Manager Pay $1.7 Million to Resolve Allegations They Billed Medicare for Illegally Imported Drugs

    01/09/2018
    June 27, 2017: Physician and Wife to Pay $1.2 Million to Settle False Claims Act Allegations That They Billed Medicare and Medicaid for Unapproved Drugs

    01/09/2018
    December 13, 2016: O.C. Man Charged with Selling Pet Meds Without a Prescription, Some of Which Were Not Approved for Distribution in the United States

    01/09/2018
    September 6, 2017: Bronx Pharmacist Pleads Guilty To Illegally Selling Millions Of Prescription Pills On The Internet And Agrees To Forfeit $9 Million

    01/09/2018
    November 10, 2016: Nurse Who Operated Spa in Laguna Niguel Agrees to Plead Guilty to Illegally Dispensing Botox Not Approved for Use in United States

    01/09/2018
    March 30, 2017: Lincoln Mother and Son Convicted of Conspiracy to Distribute Misbranded Substances, Drug Paraphernalia, and Related Financial Crimes

    01/09/2018
    January 12, 2017: Baxter Healthcare Corporation to Pay More than $18 Million to Resolve Criminal and Civil Liability Relating to Sterile Products

    01/09/2018
    September 20, 2017: Miami-Dade Resident Sentenced to More Than 4 Years in Prison for Managing a Miami Spa Performing Illicit Silicone Injections

    01/09/2018
    May 23, 2017: Citizen of Pakistan and United Kingdom Sentenced For International Wire Fraud Scheme That Sold False Cures For Multiple Illnesses

    01/09/2018
    April 18, 2017: SCM True Air Technologies, of Ohio and Kentucky, and Its Former Company President – Guilty of Delivering Misbranded Medical Devices from Unregistered Facilities to a Georgia V.A. Medical Center and Obstructing an FDA Investigation into their Conduct

    01/09/2018
    November 28, 2016: Iowa Cancer Clinic and Oncologist to Pay More Than $176,000 To Settle False Claims Act Allegations They Recklessly Billed for Cancer Drugs That Were Unapproved, Misbranded, or Counterfeit and Improperly Upcoded Office Visit Claims

    01/09/2018
    September 9, 2016: Owner of Major Online Colored Contact Lens Business Pleads Guilty in Largest-Ever Investigation of Counterfeit and Misbranded Contact Lenses in the United States

    01/09/2018
    November 7, 2016: Medical Device Maker Biocompatibles Pleads Guilty to Misbranding and Agrees to Pay $36 Million to Resolve Criminal Liability and False Claims Act Allegations

    01/09/2018
    September 26, 2017: Houston, Texas Man Sentenced to 40 Months and a $95,000 Fine for Smuggling Korean Human Growth Hormone Drugs to Local Patients and Professional Wrestlers

    01/09/2018
    December 7, 2016: GNC Enters Into Agreement with Department of Justice to Improve Its Practices and Keep Potentially Illegal Dietary Supplements Out of the Marketplace

    01/09/2018
    September 27, 2017: Amerisourcebergen Specialty Group Pleads Guilty to Distributing Misbranded Drugs and is Sentenced to Pay $260 Million to Resolve Criminal Liability

    01/09/2018
    December 5, 2016: Medical Device Saleswoman Sentenced to Three Years in Prison for Charges Relating to the Transport of Stolen Medical Devices and Money Laundering

    01/09/2018
    May 26, 2017: Florida Woman Sentenced to Federal Prison for Causing the Death of One Victim and Hospitalization of Others by Injecting them With Liquid Silicone

    01/09/2018
    September 11, 2017: Owner of O.C. Pet Products Company Pleads Guilty to Selling Pet Meds without Prescriptions, Some of Which Were Not Approved for U.S. Sale

    09/17/2018
    September 8, 2017: Galena Biopharma Inc. to Pay More than $7.55 Million to Resolve Alleged False Claims Related to Opioid Drug

    01/24/2018
    September 25, 2017: U.S. Attorney Charges Pharmacy Tech for Tampering with Opioids

    01/24/2018
    January 13, 2017: Two Louisiana Men Sentenced for Roles in On-line Pharmacy Scheme

    01/24/2018
    May 17, 2017: Gardner Man Charged with Conspiracy to Traffic Counterfeit Steroids

    01/24/2018
    September 11, 2017: Knoxville Man Pleads Guilty to Conspiring to Defraud the FDA

    01/24/2018
    February 15, 2017: Hampton-Based Spice Dealer Sentenced to 17 Years in Prison

    01/24/2018
    July 13, 2017: Four Charged in Counterfeit Body Building Steroid Conspiracy

    01/24/2018
    September 20, 2017: Registered Nurse Sentenced for Tampering with Fentanyl

    01/24/2018
    June 28, 2017: Registered Nurse Pleads Guilty to Tampering with Fentanyl

    01/24/2018
    August 7, 2017: Notification of Stolen Sterile Prescription Injectable Products

    01/17/2018
    September 22, 2017: Drug Maker Aegerion Agrees to Plead Guilty; Will Pay More Than $35 Million to Resolve Criminal Charges and Civil False Claims Allegations

    01/16/2018
    June 30, 2017: Bath County Man Sentenced For Misbranding Drugs and Obstructing Justice

    01/16/2018
    June 21, 2017: Gardner Man Pleads Guilty to Conspiracy to Traffic Counterfeit Steroids

    01/16/2018
    August 28, 2017: Costa Rican Defendant Appears in Federal Court to Face Fraud Charges

    01/16/2018
    July 17, 2017: Leader of $17 Million Health Insurance Fraud Scheme Ordered to Prison

    01/16/2018
    August 30, 2017: Two Charged in Federal Court with Smuggling Counterfeit Cigarettes

    01/16/2018
    May 31, 2017: Men Sentenced to Combined 60 Years for Selling Spice in Hampton Roads

    01/12/2018
    July 19, 2017: Texas Man Sentenced to Prison for Conspiring to Import Prescription Drugs

    01/12/2018
    March 13, 2017: Vice-President of SK Labs Found Guilty of Conspiracy, Mail Fraud Charges

    01/12/2018
    March 2, 2017: Bath County Man Convicted of Obstructing Justice and Selling Misbranded Products

    01/12/2018
    February 6, 2017: Arizona Man Sentenced for Trafficking in Pet Products with Counterfeit Labels

    01/12/2018
    January 17, 2017: Tampa-Area Medical Device Salesman Guilty of Selling Expired Lap-Band Devices

    01/12/2018
    August 1, 2017: Two Kansans Sentenced for Operating Multimillion-Dollar Designer Drug Business

    01/12/2018
    June 15, 2017: Gloucester Woman Charged with Conspiracy to Traffic Steroids and Launder Money

    01/12/2018
    June 15, 2017: Two Kansans Sentenced for Operating Multimillion-Dollar Designer Drug Business

    01/12/2018
    May 15, 2017: Vitamin Shop Owner Guilty of Selling Misbranded Drugs and Controlled Substance

    01/12/2018
    July 17, 2017: Gloucester Woman Pleads Guilty to Her Role in Counterfeit Steroid Trafficking Scheme

    01/12/2018
    July 28, 2017: Westerly Resident to Plead Guilty to Trafficking Steroids, Money Laundering Charges

    01/12/2018
    September 5, 2017: New Hampshire Residents Plead Guilty to Conspiracy Involving Misbranded Drugs

    01/12/2018
    April 3, 2017: Printing and Packaging CEO Pleads Guilty to Trafficking in Counterfeit Labels and Packaging

    01/12/2018
    March 14, 2017: Woman Admits to Causing the Death of Another Person by Injecting Her with Liquid Silicone

    01/12/2018
    April 12, 2017: Former Medical Product Distributor Charged with False Statements about Hormone Shipments

    01/12/2018
    September 22, 2017:Woman Admits to Illegally Selling Prescription Drugs Not Approved for Use in the US

    01/12/2018
    June 13, 2017: Cherry Hill Doctor and Son Admit Defrauding Medicare, Agree To $1.78 Million Settlement

    01/12/2018
    September 25, 2017: Pharmacy Manager Pleads Guilty to Illegal Prescription Drug Diversion and Money Laundering

    01/12/2018
    July 28, 2017: Tampa Woman Sentenced to Prison For Misbranded Drugs Used in Connection with Buttocks Injection

    01/12/2018
    March 28, 2017: Former Atlantic County, New Jersey, Man Charged with Smuggling and Dispensing Misbranded Drugs

    01/12/2018
    September 12, 2017: Former Paramedic Pleads Guilty to Stealing Pain-killing Drugs, Replacing Vials with Water

    01/12/2018
    May 15, 2017: Printing and Packaging Business Owner Convicted of Trafficking in Counterfeit Veterinary Labels

    01/12/2018
    July 14, 2017: Senior Executives of Medical Drug Re-Packager Plead Guilty to Defrauding Healthcare Providers

    01/12/2018
    February 16, 2017: Atlanta Man Convicted of Illegally Importing and Distributing Male Enhancement Products from China

    01/11/2018
    September 25, 2017: Millions of Medicines Seized in Largest INTERPOL Operation Against Illicit Online Pharmacies

    01/11/2018
    January 3, 2017: Notification of Stolen Reckitt Benckiser Retail, Non-Prescription, Consumer Healthcare Products

    01/09/2018
    August 1, 2017: Radford Nurse Who Tampered with Liquid Morphine Intended for Nursing Home Patients Sentenced in Federal Court

    01/09/2018
    September 11, 2017: Three Florida Residents Arrested After Law Enforcement Discover Steroid and Fake Prescription Drug Lab

    01/09/2018
    June 21, 2017: Counterfeiters Sentenced for Convictions in Nationwide Conspiracy to Distribute Fake 5-Hour Energy Drink

    01/09/2018
    May 31, 2017: Drug Trafficking Organization Faces Indictment For Involvment In Manufacturing Fake Prescriptions Drugs With Fentanyl

    01/09/2018
    June 26, 2017: Owner of New England Compounding Center Sentenced for Racketeering Leading to Nationwide Fungal Meningitis Outbreak

    01/09/2018
    February 14, 2017: Two Miami-Dade Women Charged in Connection with Their Operation of a Spa Performing Illicit Silicone Injections

    01/09/2018
    June 22, 2017: Pharmacy Owner and Director of Compliance Charged with Defrauding United States and Distributing Adulterated Drugs

    01/09/2018
    April 12, 2017: Owners of Two Los Angeles-Area Drug Wholesale Companies Arrested in $20 Million Federal ‘Structuring’ Conspiracy

    01/09/2018
    February 7, 2017: Randallstown Woman Pleads Guilty to Injecting Non-Medical Grade Silicone into the Bodies of Victim Customers

    01/09/2018
    August 30, 2017: Miami-Dade Resident Sentenced to More Than 6 Years in Prison for Operating a Miami Spa Performing Illicit Silicone Injections

    01/09/2018
    March 28, 2017: 3 Canadians and their Vancouver Company Charged with Conspiring to Sell Foreign-Made Drugs to Western Pennsylvania Pharmacists

    01/09/2018
    March 9, 2017: Internet Business Owner Indicted for Selling Non-FDA Approved and Misbranded Versions of Botox and Juvederm Related Products

    01/09/2018
    June 8, 2017: Houston, Texas Man convicted of Smuggling Korean Human Growth Hormone Drugs to Local Patients and Professional Wrestlers

    01/09/2018
    February 16, 2017: Oncology Practice, Doctor and Practice Manager Pay $1.7 Million to Resolve Allegations They Billed Medicare for Illegally Imported Drugs

    01/09/2018
    June 27, 2017: Physician and Wife to Pay $1.2 Million to Settle False Claims Act Allegations That They Billed Medicare and Medicaid for Unapproved Drugs

    01/09/2018
    September 6, 2017: Bronx Pharmacist Pleads Guilty To Illegally Selling Millions Of Prescription Pills On The Internet And Agrees To Forfeit $9 Million

    01/09/2018
    March 30, 2017: Lincoln Mother and Son Convicted of Conspiracy to Distribute Misbranded Substances, Drug Paraphernalia, and Related Financial Crimes

    01/09/2018
    January 12, 2017: Baxter Healthcare Corporation to Pay More than $18 Million to Resolve Criminal and Civil Liability Relating to Sterile Products

    01/09/2018
    September 20, 2017: Miami-Dade Resident Sentenced to More Than 4 Years in Prison for Managing a Miami Spa Performing Illicit Silicone Injections

    01/09/2018
    May 23, 2017: Citizen of Pakistan and United Kingdom Sentenced For International Wire Fraud Scheme That Sold False Cures For Multiple Illnesses

    01/09/2018
    April 18, 2017: SCM True Air Technologies, of Ohio and Kentucky, and Its Former Company President – Guilty of Delivering Misbranded Medical Devices from Unregistered Facilities to a Georgia V.A. Medical Center and Obstructing an FDA Investigation into their Conduct

    01/09/2018
    September 26, 2017: Houston, Texas Man Sentenced to 40 Months and a $95,000 Fine for Smuggling Korean Human Growth Hormone Drugs to Local Patients and Professional Wrestlers

    01/09/2018
    September 27, 2017: Amerisourcebergen Specialty Group Pleads Guilty to Distributing Misbranded Drugs and is Sentenced to Pay $260 Million to Resolve Criminal Liability

    01/09/2018
    May 26, 2017: Florida Woman Sentenced to Federal Prison for Causing the Death of One Victim and Hospitalization of Others by Injecting them With Liquid Silicone

    01/09/2018
    September 11, 2017: Owner of O.C. Pet Products Company Pleads Guilty to Selling Pet Meds without Prescriptions, Some of Which Were Not Approved for U.S. Sale

    12/21/2017
    December 19, 2017: Senior Executives of Medical Drug Repackager Sentenced for Defrauding Healthcare Providers

    12/21/2017
    December 20, 2017: Fitchburg Woman Pleads Guilty to Role in Counterfeit Steroid Conspiracy

    12/18/2017
    December 18, 2017: Cherry Hill Doctor and Son Sentenced to Prison for Defrauding Medicare

    12/14/2017
    December 12, 2017: Iserve Technologies, Inc. Pled Guilty in Connection with Guilty Pleas of Former Exec and Manager of Med-Fast Pharmacy Inc.

    12/04/2017
    November 30, 2017: Lynn Man Pleads Guilty to Counterfeit Steroid Conspiracy

    12/04/2017
    November 30, 2017: Paramedic Sentenced for Stealing Fentanyl from Ambulance Company

    12/04/2017
    November 28, 2017: Champaign, Illinois, Resident Guilty of Producing and Selling Over 80,000 Homemade Tramadol Capsules to Customers Without Verifying Prescriptions

    12/04/2017
    November 29, 2017: Knoxville Man Sentenced for Conspiring to Defraud the FDA

    11/27/2017
    November 21, 2017: Williamsville Couple Pleads Guilty

    11/27/2017
    November 22, 2017: Former Pharmacy Compliance Director Pleads Guilty to Introducing Adulterated Drugs into Interstate Commerce and Conspiracy to Defraud the United States

    11/27/2017
    November 20, 2017: Vitamin Shop Owner Sentenced for Misbranded Drugs and Controlled Substance Conviction

    11/21/2017
    November 20, 2017:Queensbury Oncologist and Office Manager Plead Guilty in Connection with Administering Unapproved Drugs

    11/21/2017
    November 16, 2017: Palmer Man Pleads Guilty to Conspiring to Import Prescription Drugs from Pakistan

    11/20/2017
    November 7, 2017: Federal Jury Convicts Lake Charles Veterinarian, Pharmacy in Race Horse Doping Conspiracy

    11/06/2017
    November 3, 2017: Vero Beach Orthopedic Surgeon Charged in Drug Conspiracy Resulting in Death

    11/06/2017
    November 3, 2017: Five Charged in Alleged Opioid Prescription, Healthcare Fraud Scheme

    11/06/2017
    November 1, 2017: New York Man Pleads Guilty to Selling Misbranded Animal Drugs Containing Steroids

    11/01/2017
    November 1, 2017: FDA Supervisor and Local Businessman Charged in Bribery Scheme

    11/01/2017
    November 1, 2017: Pair Sentenced on Federal Conspiracy

    10/31/2017
    October 31, 2017: South Korean Maker of Contact Lenses, Company CEO Charged with Smuggling Products into U.S. by Failing to Declare Full Value

    10/31/2017
    March 28, 2017: Oakland Man Pleads Guilty to Role in Conspiracy to Manufacture Counterfeit Drugs

    10/30/2017
    October 27, 2017: Central Kentucky Pharmacist Sentenced for Conspiracy to Distribute Oxycodone and Money Laundering

    10/26/2017
    October 26, 2017: Founder and Owner of Pharmaceutical Company Insys Arrested and Charged with Racketeering

    10/26/2017
    October 25, 2017: Five Chinese Citizens and Four Chinese Companies Indicted in Scheme to Sell Mislabeled Dietary Supplements

    10/26/2017
    October 25, 2017: Supervisory Pharmacist of New England Compounding Center Convicted of Racketeering Leading to Nationwide Fungal Meningitis Outbreak

    10/17/2017
    October 16, 2017: Omak, Washington Nurse Sentenced to Federal Prison for Adulterating and Misbranding Pain Medications

    10/10/2017
    October 4, 2017: Med-Fast Pharmacy Inc. and Former Exec Agree to Resolve Criminal and Civil Charges

    10/03/2017
    October 2, 2017: Compounding Pharmacy Owner Charged with $10 Million Health Care Fraud

    10/02/2017
    September 29, 2017: Randallstown Woman Sentenced To 2 Years In Prison For Injecting Non-Medical Grade Silicone Into The Bodies Of Victim Customers

    09/28/2017
    September 20, 2017: Pair Plead Guilty to Federal Conspiracy Charge

    08/29/2017
    August 28, 2017: Shrewsbury Man Pleads Guilty to Operating Counterfeit Steroid Scheme

    08/18/2017
    August 18, 2017: Former Police Officer Pleads Guilty to Trafficking Steroids, Money Laundering

    07/18/2017
    July 6, 2017: North Olmsted Man Charged with Selling Misbranded Drugs

    07/03/2017
    June 28, 2017: Former VA Nurse Re-Sentenced for Stealing and Tampering with Patient Medications

    07/03/2017
    June 28, 2017: Distributor of Counterfeit Medications Arrested

    06/28/2017
    June 23, 2017: Monterey Park Woman Arrested on Federal Charges after Allegedly Injecting Foreign Substances into Woman for Buttocks Enhancement

    06/26/2017
    June 22, 2017: Paramedic Pleads Guilty to Removing Liquid Fentanyl from Ambulance

    06/19/2017
    June 16, 2017: Leawood Woman Charged With Importing Misbranded Drugs

    06/09/2017
    June 9, 2017: Providence Nurse Pleads Guilty to Tampering with Oxycodone

    04/24/2017
    April 19, 2017: Radford Nurse, Who Tampered with Liquid Morphine Intended for Nursing Home Patients, Pleads Guilty

    04/13/2017
    April 12, 2017: Six Charged with Trafficking Counterfeit Steroids

    04/06/2017
    April 5, 2017: Worcester Nurse Sentenced for Drug Tampering

    03/30/2017
    March 22, 2017: Diamond Bar Man Pleads Guilty to Smuggling ED Drugs that Were Sold as ‘Herbal Enhancement’ Products without Prescriptions

    03/27/2017
    March 22, 2017: Owner of New England Compounding Center Convicted of Racketeering Leading to Nationwide Fungal Meningitis Outbreak

    01/19/2017
    January 18, 2017: Owner of Major Online Colored Contact Lens Business Sentenced to 46 Months in Prison in Largest-Ever Scheme to Import and Sell Counterfeit and Misbranded Contact Lenses Prosecuted in the United States

    01/19/2017
    January 13, 2017: Paramedic Pleads Guilty to Tampering with Drugs

    01/17/2017
    January 11, 2017: Worcester Nurse Pleads Guilty to Drug Tampering

    02/20/2018
    August 19, 2016: Pharmacy Owner and Medical Doctor Charged in an Internet Scheme to Dispense Medications to Customers without Valid Prescriptions

    01/24/2018
    December 6, 2016: Two Sentenced for Trafficking in Counterfeit Viagra and Cialis

    01/24/2018
    December 9, 2016: Carroll County Man Pleads Guilty to Federal Conspiracy Charge

    01/24/2018
    July 18, 2016: Cincinnati Man Sentenced for Illegally Importing Drugs into U.S.

    01/24/2018
    July 7, 2016: Johnston Resident Charged with Drug Trafficking, Money Laundering

    01/24/2018
    January 7, 2016: Former Nurse Pleads Guilty to Stealing Narcotics from Hospital

    01/24/2018
    December 8, 2016: Pharmaceutical Executives Charged in Racketeering Scheme

    01/24/2018
    December 2, 2016: Woman Arrested For Injecting Adulterated Liquid Silicone

    01/24/2018
    June 27, 2016: Hampton-Based Spice Retailer and Wholesaler Pleads Guilty

    01/24/2018
    May 31, 2016: Worcester Nurse Indicted on Federal Drug Tampering Charges

    01/16/2018
    October 11, 2016: Foreign National Pleads Guilty To International Wire Fraud Scheme

    01/12/2018
    December 20, 2016: New England Compounding Center’s National Sales Director Pleads Guilty

    01/12/2018
    December 27, 2016: Providence Nurse Charged in Connection with Tampering with Oxycodone

    01/12/2018
    January 20, 2016: Businessman Sentenced for Marketing and Selling Unapproved Remedies for Cancer

    01/12/2018
    June 2, 2016: Additional Criminal Charges Brought Against Indicted Penn National Horse Trainer

    01/12/2018
    August 15, 2016: Second Trafficker Convicted of Distributing Dangerous Counterfeit Viagra and Cialis

    01/12/2018
    October 12, 2016: Colombian National Charged for Unlawfully Injecting Silicone into Victims Bodies

    01/12/2018
    September 22, 2016: Hoover Man Charged for Marketing Misbranded Male Enhancement Drugs from China

    01/12/2018
    September, 22, 2016 Hoover Man Charged for Marketing Misbranded Male Enhancement Drugs from China

    01/12/2018
    August 2, 2016: Colombian National Charged for Unlawfully Injecting Silicone into Victims’ Bodies

    01/12/2018
    December 13, 2016: Tampa Resident Indicted for Involvement with Tricare Health Care Fraud Scheme

    01/12/2018
    September 29, 2016: New York Man Pleads Guilty To Conspiring To Illegally Manufacture Designer Steroids

    01/12/2018
    July 1, 2016: New Hampshire Couple Indicted On Two Counts Of Illegal Distribution Of Prescription Drugs

    01/12/2018
    June 22, 2016: Former Nurse Sentenced to 82 Months for Stealing and Tampering with Patient Medications

    01/12/2018
    December 19, 2016: New York Man Sentenced to Lengthy Prison Term for Selling Unsafe Dietary Supplements Online

    01/12/2018
    July 29, 2016: Majority Owner of NECC and Husband Plead Guilty to Illegal Cash Withdrawals Following Outbreak

    01/12/2018
    July 20, 2016: Former Acclarent, Inc. Executives Convicted of Crimes Related to the Sale of Medical Devices

    01/12/2018
    June 6, 2016: Pharmaceutical Companies To Pay $67 Million To Resolve False Claims Act Allegations Relating To Tarceva

    01/11/2018
    July 22, 2016: Medical Device Manufacturer Acclarent Inc. to Pay $18 Million to Settle False Claims Act Allegations

    01/11/2018
    November 15, 2016: Miami-Dade Resident Sentenced to Fifteen Months in Prison for Distributing Contaminated Cheese

    01/09/2018
    November 4, 2016: Two Pakistani Nationals Sentenced for Conspiring to Illegally Ship Pharmaceuticals into the United States

    01/09/2018
    November 29, 2016: Eight Defendants Convicted For Conspiracy to Manufacture and Distribute Counterfeit 5-Hour Energy Drink

    01/09/2018
    July 6, 2016: New Jersey Medical Device Manufacturer Admits Selling Contaminated Ultrasound Gel; Court Orders Permanent Injunction

    01/09/2018
    June 21, 2016: Two Pharmacists Sentenced to Prison for Adulteration of Drugs in Connection with Alabama-Based Compounding Pharmacy

    01/09/2018
    December 2, 2016: Former Police Officer Sentenced in White Plains Federal Court to 8 Years in Prison for Selling Date Rape Drug

    01/09/2018
    December 13, 2016: O.C. Man Charged with Selling Pet Meds Without a Prescription, Some of Which Were Not Approved for Distribution in the United States

    01/09/2018
    November 10, 2016: Nurse Who Operated Spa in Laguna Niguel Agrees to Plead Guilty to Illegally Dispensing Botox Not Approved for Use in United States

    01/09/2018
    November 28, 2016: Iowa Cancer Clinic and Oncologist to Pay More Than $176,000 To Settle False Claims Act Allegations They Recklessly Billed for Cancer Drugs That Were Unapproved, Misbranded, or Counterfeit and Improperly Upcoded Office Visit Claims

    01/09/2018
    September 9, 2016: Owner of Major Online Colored Contact Lens Business Pleads Guilty in Largest-Ever Investigation of Counterfeit and Misbranded Contact Lenses in the United States

    01/09/2018
    November 7, 2016: Medical Device Maker Biocompatibles Pleads Guilty to Misbranding and Agrees to Pay $36 Million to Resolve Criminal Liability and False Claims Act Allegations

    01/09/2018
    December 7, 2016: GNC Enters Into Agreement with Department of Justice to Improve Its Practices and Keep Potentially Illegal Dietary Supplements Out of the Marketplace

    01/09/2018
    December 5, 2016: Medical Device Saleswoman Sentenced to Three Years in Prison for Charges Relating to the Transport of Stolen Medical Devices and Money Laundering

    12/15/2016
    December 13, 2016: Conagra Subsidiary Sentenced in Connection with Outbreak of Salmonella Poisoning Related to Peanut Butter

    12/13/2016
    December 9, 2016: Two South Florida Residents Charged with Conspiring to Misbrand and Sell Expired Gastric Banding Systems

    11/21/2016
    November 18, 2016: Palm Harbor Oncologist Convicted Of Buying Unapproved Cancer Medications From Foreign Sources And Defrauding Medicare

    11/08/2016
    November 4, 2016: University Hospital Nurse Arrested Following Grand Jury Indictment for Illegally Obtaining and Tampering with Fentanyl and Hydomorphone

    10/17/2016
    October 11, 2016: Florida Man Pleads Guilty to Manufacturing, Distributing Performance Enhancing Drugs

    09/26/2016
    September 9, 2016: Medical Device Saleswoman Convicted on Charges of Conspiring to Transport Stolen Medical Devices in Interstate Commerce, Money Laundering and Other Charges

    08/19/2016
    August 19,2016: North Carolina Man Sentenced to 14 Years in Federal Prison for Providing Silicone Buttocks Injections Resulting in the Death of a Client

    07/26/2016
    July 25, 2016: Three Charged with Manufacturing, Distributing Performance Enhancing Drugs

    06/20/2016
    June 20, 2016: R.I. Businessman Pleads Guilty to Running International Scheme to Label and Sell Misbranded Drugs

    06/08/2016
    June 2, 2016: President of Pharmaceutical Companies Sentenced to 60 Months in Prison for Long-Running Scheme to Sell Misbranded and Unapproved Chemotherapy and Other Prescription Drugs

    05/27/2016
    May 26, 2016: Owner of “The Wholesale Source” Convicted for Selling Unsafe Dietary Supplements Online

    05/27/2016
    May 27, 2016: North Carolina Man Admits Receiving and Selling Misbranded Silicone for Buttocks Injections Resulting in the Death of a Client

    05/23/2016
    May 9, 2016: California Man Pleads Guilty to Selling Unapproved Drug in Rhode Island

    05/19/2016
    May 18, 2016: Woman Charged with Illegally Administering Silicone Injections

    05/16/2016
    May 13, 2016: Two Key Players in Illegal Online Pharmacy Scheme Sentenced to Prison

    05/16/2016
    May 12, 2016: Windsor Mill Woman Indicted for Allegedly Injecting Non-Medical Grade Silicone into the Bodies of Victim Customers

    05/09/2016
    May 9, 2016: Owner of Bodybuilding Drug Companies Sentenced for Selling Misbranded Drugs

    05/09/2016
    May 9, 2016: Lodi Oncologist and Office Administrator Pay $300,000 to Settle False Claims Act Allegations

    05/06/2016
    May 5, 2016: Florida Man Sentenced To Prison For Illegal Diet Pill Scheme

    05/05/2016
    May 4, 2016: Former Buffalo Nurse Sentenced For Stealing Pain Medications Intended For Patients From Local Hospital

    05/04/2016
    April 28, 2016: Jury Convicts Former Police Officer For Selling Date Rape Drug

    05/04/2016
    May 3, 2016: Gainesville Physician Convicted of 162 Counts of Health Care Fraud

    05/02/2016
    April 29, 2016: Manhattan U.S. Attorney Announces Arrest Of Black Market Distributor Of Diverted HIV Medications Worth Approximately $4 Million

    04/20/2016
    April 20, 2016: Norfolk Man Pleads Guilty to Illegally Distributing Insulin

    04/14/2016
    April 7, 2016: Former Nurse Sentenced for Stealing Narcotics from Hospital

    04/06/2016
    April 4, 2016: Former Carlsbad Resident Jailed for Sale of Unapproved “Energy Wave” Medical Devices

    03/24/2016
    March 23, 2016: Federal Jury Convicts Destrehan Woman in Scheme to Sell Illegal and Mislabelled Diet Pills

    03/24/2016
    March 23, 2016: Detroit-Area Physician Sentenced to 45 Months in Prison for Role in $5.7 Million Medicare Fraud Scheme

    03/21/2016
    March 18, 2016: Bookkeeper for Online Pharmacy Sentenced to Five Years in Prison for Money Laundering

    03/11/2016
    March 8, 2016: Cincinnati Man Pleads Guilty to Illegally Importing Drugs into U.S.

    03/08/2016
    March 7, 2016: Tehachapi Doctor Sentenced to 6 Months in Prison for Defrauding Patients and Insurers by Implanting Unapproved IUDs

    03/08/2016
    March 4, 2016: First of Seven Defendants Who Operated Illegal Online Pharmacy Sentenced to Prison

    03/04/2016
    March 4, 2016: Mumbai, India, Man Sentenced on Misbranding Charge

    03/03/2016
    March 1, 2016: Principal of Dietary Ingredient Companies Pleads Guilty to Multi-Million Dollar Fraud and Meth Precursor Scheme

    02/29/2016
    February 26, 2016: Florence Man Sentenced for Smuggling and Distributing Prescription Drugs

    02/25/2016
    February 17, 2016: Danville Man Pleads Guilty to Manufacturing and Distributing Illegal Dietary Supplements

    02/24/2016
    February 24, 2016: Former VA Nurse Pleads Guilty To Stealing Controlled Substance From Hospital Syringes

    02/24/2016
    February 17, 2016: Two Men Sentenced For Involvement in Scheme to Distribute Misbranded Drugs

    02/23/2016
    February 10, 2016: Las Vegas Resident Indicted For Running Counterfeit and Misbranded Contact Lens Operation

    02/19/2016
    February 17, 2016: United States And Vermont Doctor Resolve Matter Involving Non-FDA Approved Drugs And False Claims

    02/19/2016
    February 16, 2016: Swedish Medical Center Surgical Tech/Technologist Indicted by Federal Grand Jury in Denver on Charges of Tampering with a Consumer Product and Obtaining a Controlled Substance by Deceit

    02/19/2016
    February 10, 2016: Owner of Cancer Treatment Clinic Convicted of Providing Fraudulent Medical Treatments to Patients

    02/04/2016
    January 28, 2016: Federal Criminal Charges Filed Against Two Pharmacists for Adulteration of Drugs in Connection with Alabama-Based Compounding Pharmacy

    02/02/2016
    February 1, 2016: Pakistani Man Makes Appearance in U.S. District Court in Denver Following Indictment and Arrest for Sale and Distribution of New, Misbranded and Counterfeit Prescription Drugs

    02/02/2016
    February 1, 2016: Worcester Nurse Sentenced for Stealing Oxycodone from Patients

    02/02/2016
    January 22, 2016: Counterfeit Cigarette Smuggler Receives Jail Sentence

    02/02/2016
    January 5, 2016: Two Defendants Sentenced to Prison in Conspiracy to Distribute Over $6.6 Million in Contraband Cigarettes

    MIL OSI USA News –

  • MIL-OSI Canada: Saskatchewan Provides Nearly $1 Million to Support Young Entrepreneurs

    Source: Government of Canada regional news

    Released on May 21, 2025

    The Saskatchewan Young Entrepreneurs Bursary applications are now open, supporting business sustainability and growth across the province 

    Today, Minister of Trade and Export Development Warren Kaeding, along with Saskatchewan Chamber CEO Prabha Ramaswamy launched the new Young Entrepreneur Bursary that will support up to 57 local young entrepreneurs with bursaries of $5,000 to foster business development. 

    The province will provide Saskatchewan Chamber of Commerce with $285,000 per year, for three years, plus administration costs to support entrepreneurs between the ages of 18 and 35 years of age who have been in operation for 10 years or less. Applications open today through to July 14, 2025 and will be awarded in the fall. 

    “The New Young Entrepreneur Bursary promotes business development and innovation, creating opportunities for small business owners and entrepreneurs across our Province,” Kaeding said. “Collaboration between government and organizations like Saskatchewan Chamber of Commerce is an important component of Saskatchewan’s Growth Plan and our commitment to ensure the province remains one of the best places in Canada to start and grow a business.”

    The funding will be administered by the Saskatchewan Chamber of Commerce with support from local chambers across the province. 

    “Saskatchewan’s future depends on the bold ideas and determination of its next generation of entrepreneurs,” Ramaswamy said. “The Young Entrepreneur Bursary Program ensures that emerging business leaders have the support they need to pursue their vision and contribute to a thriving provincial economy. We are proud to partner with the Government of Saskatchewan to reduce financial barriers and champion the growth of our province’s entrepreneurial talent.”

    The bursary will encourage the next generation of entrepreneurship and support economic development across the province, creating jobs and opportunities, while ensuring we continue to build resilient and vibrant communities for years to come.   

    Saskatchewan is committed to fostering a competitive business environment where all businesses can succeed. The Government of Saskatchewan supports small businesses through low tax rates, reduced red tape and streamlined regulations. This promotes growth and innovation that enhances the quality of life for people across the province. 

    The innovative businesses and government support across the province are vital to the province’s recent economic success. 

    Statistics Canada’s latest GDP numbers indicate that Saskatchewan’s 2024 real GDP reached an all-time high of $80.5 billion, increasing by $2.6 billion, or 3.4 per cent. This ranks Saskatchewan second in the nation for real GDP growth, and above the national average of 1.6 per cent. 

    Private capital investment in Saskatchewan increased last year by 17.3 per cent to $14.7 billion, ranking first among provinces. Private capital investment is projected to reach $16.2 billion in 2025, an increase of 10.1 per cent over 2024. This is the second highest anticipated percentage increase among the provinces.  

    For more information visit : https://saskchamber.com/initiatives/young-entrepreneur-bursary/

    -30-

    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI USA: Statement of Commissioner Kristin N. Johnson on Her Departure from the CFTC

    Source: US Commodity Futures Trading Commission

    It has been an honor and privilege to serve as a Commissioner at the Commodity Futures Trading Commission (CFTC). Having completed my full term, I have notified the President of my intent to step down as a CFTC Commissioner later this year. Although this is a difficult decision, I am proud of the work that I have accomplished and am deeply grateful for the chance to develop meaningful relationships with staff and current and former Commissioners during my tenure at the CFTC.
    I am exceptionally fortunate to have had the opportunity to serve our great nation and am honored that President Joseph R. Biden nominated me to serve in two critical roles as a financial market regulator. In addition to nominating me to serve a three-year term as a CFTC Commissioner in the fall of 2021, last summer, President Biden nominated me to serve as Assistant Secretary for Financial Institutions at the United States Department of the Treasury. 
    As a graduate of Georgetown University’s Walsh School of Foreign Service, the invitation to return to Washington, D.C. as a CFTC Commissioner resonated with my life-long commitment to be “in service of others.” When I accepted the nomination to serve as a CFTC Commissioner, I requested a three-year leave of absence from Emory University School of Law where I serve as Asa Griggs Candler Professor of Law. On March 28, 2022, I was unanimously confirmed by the United States Senate. On March 30, 2022, not long after teaching my last class for the semester at Emory Law School, I was sworn in to serve as a CFTC Commissioner.
    This year marks the 50th Anniversary of the CFTC, a small-but-mighty agency that works daily to advance effective supervision and oversight in derivatives markets. In 1974, Congress passed and Former President Gerald Ford[1] signed into law the Commodity Futures Trading Commission Act creating the CFTC. A few months later, on April 15, 1975, four of the first five Commissioners, including the first Chairman of the Commission, were sworn in to service.
    As the Commission celebrates this important milestone, I celebrated my third anniversary at the Commission. A few days after my third anniversary, my term expired.
    Our derivatives markets operate as a critical resource for price discovery, risk management, and hedging functions for many sectors in our economy but, most notably, the agriculture, energy, and financial services sectors. One of the greatest strengths of our federal government and, more specifically, the federal agencies that supervise many of the largest global financial market participants in the world, is the intellectual leadership of our regulators.[2] Over the last several decades significant events have tested the resilience of our markets. In each instance, the Commission and its regulations developed through robust engagement among the Commissioners—with the support of the Commission staff—have served to address liquidity and default risk management concerns and to enhance the integrity and stability of our derivatives markets.
    I have endeavored to support the Commission’s work through constructive, substantive engagement with my fellow Commissioners, Commission staff, and the diverse businesses that we supervise. I am deeply committed to encouraging the Commission to develop well-informed, research-based, data-driven regulatory solutions that are well-tailored and fit-for-purpose. Thoughtful, effective regulation ensures that our markets are resilient even during periods of significant or persistent challenges.
    It has been a privilege to serve alongside my fellow Commissioners and to have had the opportunity to work with the exceptional and indefatigable staff at the Commission. The Commission staff works tirelessly to support the Commission in tackling complex and consequential issues through careful and thoughtful deliberative processes. I am confident that the Commission will continue to do important work protecting investors and customers, combatting fraud and market manipulation, and ensuring market integrity and stability.
    A Survey of Service
    Serving in leadership at the Commission, I have enjoyed driving intellectual and policy developments on several critical issues facing our markets. I led the Commission by advancing proposed and final rules that enhance risk management for derivatives clearing organizations (DCOs), cyber-resilience, and effective recovery, resilience, and wind-down regulations.
    I have strongly advocated for careful reflection regarding the integration of artificial intelligence (AI) in financial markets and advocated for a number of policies and strategies to enhance the Commission’s ability to better understand industry integration of AI, including information gathering; the creation of an inter-agency task force encouraging domestic and international harmonization and collaboration on guidance or policies addressing the adoption of AI; the creation of a CFTC AI Fraud and Market Manipulation Task Force; and efforts to ensure sufficient human capital and financial resources to enable the Commission staff to keep pace with rapidly-evolving AI technologies.
    In the wake of a crypto-crisis in the fall of 2022, I delivered a keynote address at the inaugural Digital Assets @Duke conference, where I called for the Commission to organize roundtables and convene discussions to better understand the type of regulatory interventions that may lead to effective supervision of rapidly developing and evolving decentralized finance markets.[3] I encouraged the Commission to begin a multi-stakeholder dialogue on digital asset markets that would help to prepare the Commission staff to create regulation to carry out a Congressional mandate and, at the same time, offer educational workshops on foundational issues such as corporate governance, resolution planning, and customer protection features of CFTC regulation.[4] These regulatory pillars are hardwired in our supervision and should be part of the regulatory architecture for any novel assets or markets that come under Commission supervision. Same risks, same rules. Moreover, these governance and operational guardrails have historically served to ensure that firms are able to withstand anticipated shocks (for example, by promoting enterprise risk management) and that markets remain resilient—even in times of significant distress. 
    I am proud to have served as Sponsor of the Market Risk Advisory Committee (MRAC). I am grateful for the hard work of Alicia Crighton (Chair of the MRAC), the members of the MRAC, and the members of the MRAC Subcommittees—the Market Structure, Central Counterparty Risk & Governance, Interest Rate Benchmark Reform, Climate-Related Market Risk, and Future of Finance Subcommittees.
    As Sponsor of the MRAC, I led the Commission in taking on, in real-time, emerging cyber defense and cyber resilience concerns. In March of 2023, the MRAC hosted a first-of-its-kind hearing to examine cyber threats and potential solutions in derivatives markets. Over the last three years, the MRAC has submitted three sets of recommendations and a cutting-edge report to the Commission. The recommendations and report address system safeguards, critical third-party service providers and cyber resilience for institutions at the center of our market infrastructure; the efficacy of recovery, resilience, and wind-down policies for intermediaries in our markets; risk management related to the cash-futures basis trade; and a report on the state of the futures commission merchant market.
    The central tenants of the Commodity Exchange Act inform the CFTC’s mandate—to prevent fraud and market manipulation, protect investors and customers, and ensure the stability and integrity of our markets. In order to deter escalating or future misconduct, I have strongly supported efforts to ensure that the Commission upholds this mandate, enhances customer protection, and holds bad actors accountable.
    Artificial Intelligence in Financial Markets 
    While derivatives transactions in financial markets date back to ancient Greece, none of the Greek philosophers who lived two thousand years ago had the ability to generate a philosophical tome or literary masterpiece by simply typing a few questions into ChatGPT.[5]  Simply stated, today’s financial markets are evolving at an unprecedented and accelerated pace. I arrived at the Commission deeply committed to advancing the Commission’s understanding of AI and AI use cases relevant to our markets. During my tenure at the Commission, I partnered with leadership across the industry, government regulators, public interest advocates, academics, and Commission staff to initiate a dialogue on the increasing adoption of AI by our market participants as well as the incorporation of AI in regulatory oversight and supervision.
    Information-Gathering
    In January 2024, I rolled up my sleeves during a winter storm and worked in collaboration with talented CFTC senior staff to develop the Commission’s first request for comment on AI in CFTC-regulated markets.[6] Later in the year, I represented the Commission in the development of the U.S. Department of the Treasury’s request for information on AI.[7] I also represented the Commission by serving in an association of federal regulators across government agencies engaged in understanding the implications of integrating AI in government supervision and regulation.
    In June of 2023, I joined a group of market regulators reflecting on the integration of AI in supervisory technology (SupTech) at the International Organization of Securities Commissions’ (IOSCO) Annual Meeting in Bangkok, Thailand. Days after IOSCO’s Annual Meeting in June 2023, I launched an annual international roundtable to explore AI and other novel technologies and the impact of these technologies on market structures with the former U.S. Ambassador to Spain and Andorra, Julissa Reynoso Pantaleón.[8] I have served as a keynote speaker at dozens of industry and trade association conferences as well as academic institutions including Yale, Stanford, Duke, New York University, the University of Pennsylvania, Georgetown, the University of Chicago, and Cornell Law Schools, as well as Rice University’s Baker Institute, among other institutions where I have been fortunate to engage in thoughtful conversations with leading experts representing diverse viewpoints.
    My engagement with market participants, U.S. market and prudential regulators, and global market regulators around the world has left me with the impression that we are still in a learning phase and are continuing to develop more precise understandings of the power, potential, and limits of developed and developing applications of AI, including generative and agentic AI.    I have, however, advocated for a few accessible policy initiatives that the Commission should begin to take steps to introduce.
    An Inter-Agency Task Force – Collaboration and Coordination
    Over the last three years, I have advocated for AI policy priorities that must be at the center of the CFTC and other regulators’ policy agenda.[9] I have called for coordination among regulators to ensure that regulators are informed and have the depth of expertise to respond effectively to emerging technologies. I have asked the Commission and other financial market regulators to create an Inter-Agency AI Task Force to establish a pathway for open dialogue through deep dive, public and closed-door roundtables among the Commission, market participants, other market and prudential regulators, and public interest advocates.[10] Shortly after the announcement of my proposal, the Commission named its first Chief AI Officer.
    CFTC AI Fraud and Market Manipulation Task Force
    Our markets are faced with increasingly sophisticated forms of AI driven fraud. Evidence suggests that hackers are repurposing AI-based tools previously used in cyber defense tactics to identify weaknesses in networks and cybersecurity applications. These weaknesses open back doors for cyber-attacks. Generative AI may enable sophisticated actors to execute more convincing phishing campaigns. Deep fakes and similar campaigns may be more difficult to detect, especially for less sophisticated consumers and retail participants.
    I have encouraged the Commission to create an internal AI task force within the Division of Enforcement and introduce heightened civil monetary penalties in instances where bad actors use AI to engage in fraud or market manipulation. In conversations with regulators in jurisdictions around the world, I have advocated for regulators to better understand AI as a SupTech resource that may enhance our ability to more precisely target AI fueled cyber and fraud attacks that threaten to upend the integrity and stability of domestic and global financial markets causing severe market disruption.
    Human Capital and Financial Resources
    The CFTC continues to punch above its weight. The agency, however, must have both financial and human resources to keep pace as industry participants integrate increasingly complex iterations of AI. As our markets become more complex and reflect the incorporation of and reliance on novel technologies, the Commission must have the resources to effectively supervise more sophisticated markets. I believe that the Commission would benefit from increased resources dedicated to enabling several of the Divisions within the Commission to prepare for and meet the challenges of regulating innovative trading, clearing, and settlement technologies.[11]
    The Market Risk Advisory Committee
    In my role as Sponsor of the MRAC, I have convened stakeholders with diverse perspectives to address critical, complex issues facing our markets. Under my leadership and working in collaboration with industry executives representing exchanges, clearinghouses, futures commission merchants, as well as public interest advocates, academics, and many others, the MRAC examined many of the most pressing risks across our financial markets, including systemic issues that could threaten the stability of derivatives markets.
    During my time as Sponsor, the MRAC has focused on increasing concerns presented by cyber threats; the significance of critical third-party service providers such as cloud-based service providers; the introduction of artificial intelligence in market infrastructure and commercial and retail transactions; and novel and nascent issues that arise with the introduction of decentralized financial products such as digital assets or cryptocurrency and other emerging markets.
    In March of 2023, the MRAC hosted a first-of-its-kind post-mortem on the implications for markets following the cyberattack on back-office service provider ION. The hearing included presentations by Matthew Cronin of the White House’s Office of the National Cyber Director; Tom Sexton, President and Chief Executive Officer of the National Futures Association; Walt Lukken, President and Chief Executive Officer of the Futures Industry Association; Julie Holzrichter of CME Group; Amanda Olear, Former Director of the Market Participants Division of the CFTC; Greg Ruppert, Executive Vice President of FINRA; Ashwini Panse of Intercontinental Exchange; Suyash Paliwal, Former Director of the CFTC Office of International Affairs (OIA); and Senior Special Counsel Kirsten Robbins of the CFTC OIA, among others.[12]
    At the MRAC’s most recent meeting, the Committee voted to submit recommendations on many issues—a report and recommendation on the need to evaluate our regulations governing critical third party service providers (particularly in areas marked by concentration risks due to a limited number of competitive service providers); cyber resilience for derivatives clearing organizations; and best practices for managing market, liquidity, counterparty credit, and other risks related to the cash futures basis trade.[13] In addition to these significant contributions, the MRAC advanced important recovery and resolution proposals and published a cutting-edge report on concentration risk engendered by a decline in the market for futures commission merchant services over the last two decades.[14]
    The MRAC’s work on each of these critical questions will help the Commission to address emerging issues and enhance the Commission’s ability to promote the stability and integrity of derivatives markets.
    The Importance of Public Service
    I began my legal career as a law clerk for the Honorable Judge Joseph A. Greenaway Jr. I am thankful that the Judge was willing to take a chance on me; the Judge hired me as a second-year law student to serve as his law clerk upon my graduation from law school. Having spent the better part of his career as a federal prosecutor and later a federal judge, Judge Greenaway taught me to value public service and the importance of building relationships in the communities in which we serve. 
    I am grateful that I have had the opportunity to serve the CFTC community. Every well-developed proposed or final rule review, open or closed meeting briefing and engagement, advisory committee meeting agenda, and policy initiative advanced by my office benefited tremendously from the tireless work and commitment of my current and former staff. I would like to extend my sincere thanks to everyone who served my office in any counsel, policy advisor or law student intern role. I am also grateful to the incomparable executive assistants who supported the administrative functions of the office.
    About Commissioner Johnson
    Immediately prior to joining the Commission, Commissioner Johnson served as a tenured professor with an endowed professorship (Asa Griggs Candler Professor of Law) and Associate Dean for Faculty Research at Emory University School of Law. Commissioner Johnson also held a named professorship and served as Associate Dean for Faculty Research at Tulane University School of Law. Prior to law teaching, Commissioner Johnson served as a lawyer in private practice at Simpson Thacher & Bartlett LLC’s New York and London offices supporting the mergers and acquisitions, private credit and public and private capital markets practices. Upon leaving private practice, Commissioner Johnson joined J.P. Morgan Chase as Vice President and Assistant General Counsel in the Treasury Services Division supporting private funds. Before attending law school, Commissioner Johnson served as an analyst at Goldman Sachs in the Asset Management Division.
    Commissioner Johnson is the co-author of two forthcoming books—The Cambridge University Press Handbook on Artificial Intelligence & The Law and Artificial Intelligence & The Law: Cases and Materials.  Her recent work examines the implications of emerging innovative technologies including distributed digital ledger technologies that enable the creation of digital assets or cryptocurrency as well as networked, centralized and decentralized transaction-enabling infrastructure. Her early scholarship focuses on financial market disruptions that may create systemic risk concerns, with particular emphasis on the origination of derivatives and other complex financial products as well as secondary market trading, clearing, and settlement. She has testified before Congress on the benefits and risks of integrating emerging technologies such as blockchain or distributed digital ledger technologies and AI in financial markets.[15]

    [3] Keynote Address of Commissioner Kristin Johnson at Digital Assets @ Duke Conference, Duke’s Pratt School of Engineering and Duke Financial Economics Center, Mitigating Crypto-Crises: Applying Lessons Learned in Governance, Risk Management, and Compliance (January 26, 2023), https://www.cftc.gov/PressRoom/SpeechesTestimony/opajohnson2.

    [4] See Kristin N. Johnson, Commissioner, CFTC, Federal Reserve of Chicago Financial Markets Group Fall Conference, Investing in Investor Protection (Nov. 16, 2022), available on file with the Federal Reserve Bank of Chicago; see also Nahiomy Alvarez, Nomaan Chandiwalla, Alessandro Cocco, 2022 Financial Markets Group Fall Conference–Recap, https://www.chicagofed.org/publications/blogs/ chicago-fed-insights/2023/2022-fmg-fall-conference-recap (Feb. 6, 2023).

    [5] Kristin N. Johnson, Regulating Cryptocurrency Secondary Market Trading Platforms, 1/8/2020 U. Chi. L. Rev. Online 1 (2020).

    [7] See U.S. Department of the Treasury, Artificial Intelligence in Financial Services (Dec. 2024), https://home.treasury.gov/system/files/136/Artificial-Intelligence-in-Financial-Services.pdf (Treasury December Report).

    [15] In April of 2021, Commissioner Johnson testified before the United States House of Representatives Subcommittee on Consumer Protection and Financial Institutions. In July of 2019, she testified before the House Financial Services Committee Artificial Intelligence Task Force on the implications of integrating artificial intelligence in financial technology (fintech) platforms. 

    MIL OSI USA News –

  • MIL-OSI Russia: Wang Yi to chair 3rd China-Pacific Island Countries Foreign Ministers’ Meeting /more details/

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    BEIJING, May 21 (Xinhua) — Chinese Foreign Minister Wang Yi, a member of the Political Bureau of the Communist Party of China Central Committee and a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, will chair the third China-Pacific Island Countries Foreign Ministers’ Meeting to be held in Xiamen, east China’s Fujian Province, from May 28 to 29, Foreign Ministry spokesperson Mao Ning said on Wednesday.

    As noted by the official representative, the heads of the Ministries of Foreign Affairs and representatives of 11 Pacific island states that have diplomatic relations with China have been invited to take part in the event, namely: the President and Minister of Foreign Affairs of Kiribati Taneti Maamau, the Prime Minister and Minister of Foreign Affairs of Niue Dalton Tagelagi, the Crown Prince and Minister of Foreign Affairs of Tonga Tupoutoa Ulukalala, the Minister of Foreign Affairs and Trade of Nauru Lionel Aingimea, the Minister of Foreign Affairs of the Federated States of Micronesia Lorin Robert, the Minister of Foreign Affairs and Foreign Trade of the Solomon Islands Peter Chanel Agovaka, the Minister of Foreign Affairs, International Cooperation and Foreign Trade of Vanuatu Mark Ati, the Minister of Foreign Affairs and Immigration of Papua New Guinea Justin Tkachenko, the Minister of Foreign Affairs and Immigration of the Cook Islands Tingika Elikana, the Assistant Minister of Foreign Affairs and Deputy Speaker of the Parliament of Fiji Lenora Kerekeretabua, the representative of the Government of Samoa, the Ambassador of Samoa to China Luamanuvae Mariner, as well as the Deputy Secretary General of the Forum Pacific islands of Esala Nayashi.

    At a regular press briefing, Mao Ning said China and the Pacific island countries are comprehensive strategic partners committed to mutual respect and common development, adding that the two sides have continuously deepened and developed friendly ties and cooperation in recent years.

    Mao Ning noted that the upcoming meeting will be held in China for the first time in an offline format. According to her, the parties will discuss in detail the comprehensive exchanges and cooperation between China and the Pacific island countries, as well as international and regional issues of mutual interest.

    China attaches great importance to relations with the Pacific island countries and hopes that this event will contribute to the active implementation of the important consensus reached by the leaders of the two sides, strengthening cohesion and cooperation, joining efforts for development and prosperity, and jointly building an even closer community with a shared future for China and the Pacific island countries, the official representative of the Chinese Foreign Ministry added. –0–

    MIL OSI Russia News –

  • MIL-OSI Global: How the UK-EU deal turns the page on Brexit – and what happens next

    Source: The Conversation – UK – By Magdalena Frennhoff Larsén, Associate Professor in Politics and International Relations, University of Westminster

    At their first bilateral summit since Brexit, UK and EU leaders set out a range of areas they will seek to forge closer ties. European Council President António Costa, European Commission President Ursula von der Leyen and British Prime Minister Keir Starmer hailed the agreement as a historic landmark deal that opens a new chapter in the EU-UK relationship.

    But it is only the beginning of – potentially long – negotiations to thrash out the details of closer cooperation in areas like trade, youth mobility and energy.

    As the two parties sit down at the negotiating table, they will, for the first time since Brexit, agree on how to make trade and cooperation easier. For example, one anticipated agreement will align UK food safety and animal health standards with those of the EU, thereby removing the need for most border checks and ease the flow of agriculture and food products between the two parties. And the expected youth mobility scheme will allow young people to travel, work and study in the EU and the UK for a limited period of time.

    Want more politics coverage from academic experts? Every week, we bring you informed analysis of developments in government and fact check the claims being made.

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    The looming negotiations will be relatively narrow in scope. The Withdrawal Agreement and the Trade and Cooperation Agreement still provide the basis for the EU-UK relationship. The UK is not compromising on its red lines of not joining the single market, the customs union or allowing free movement of people.

    The negotiations will consequently not fundamentally alter the current relationship. While the impact of the agreements may be significant for specific sectors, the overall economic impact is expected to be relatively modest.

    This is not to say that the upcoming negotiations will be easy or void of controversies. Over the next months, negotiators will have to agree on quotas, time limits, exceptions and financial contributions. Compromises and trade-offs will have to be found.

    There will be domestic resistance on both sides. Concerns have already emerged that France might oppose the participation of British defence companies in EU defence procurement programmes.

    And in the UK, critics argue that the decision to dynamically align UK rules and standards with those of the EU in certain sectors will make the country a rule-taker once again.

    But the answer to the question on many people’s minds: “Will this bring us back to all those years of difficult and protracted Brexit negotiations?” is no – this time around, things are different.

    In comparison with the Brexit negotiations, these negotiations should be far easier and swifter. They are less consequential and backed by strong political will from both sides.

    Recent polling indicates that both Britons and EU citizens favour a closer relationship between the UK and the EU.

    The agreement reached at the summit is seen as the first concrete manifestation of Starmer’s long sought-after reset of the relationship.

    Moving on

    The Brexit negotiations focused on establishing less cooperation compared with when the UK was a member of the EU. It was a question of addressing increasing barriers to trade and cooperation – something many perceived as a lose-lose situation. The upcoming negotiations, on the other hand, are seen to lead towards a win-win reset of relations. The parties enter the negotiations with a mindset of finding solutions that increase trade and facilitate cooperation.

    The UK is now negotiating as an independent, sovereign country. During the Brexit negotiations the UK was an EU member (or a closely aligned former member in the case of the negotiations of the Trade and Cooperation Agreement).

    It was thus important for the EU to make the benefits of membership clear and to discourage other members from leaving. As a result, it drove a hard bargain and the UK had limited influence on the negotiations.

    However, unlike the UK – where Brexit has never fully disappeared from the political debate – the EU moved on quickly after Brexit. In Brussels, many now consider the UK an independent but like-minded strategic partner.

    This is seen not least in the area of security, where the two parties agreed on a security and defence partnership. They set out a framework for closer cooperation in areas of joint interest, such as sanctions, information sharing and cybersecurity, and allowing them to better respond to shared global challenges and uncertainties.

    Zooming out, the geopolitical picture has changed dramatically since the Brexit negotiations. With the war in Ukraine and the resulting instability in Europe, combined with the shifting priorities of US foreign policy, there is now an even greater need for EU-UK cooperation.

    Magdalena Frennhoff Larsén does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. How the UK-EU deal turns the page on Brexit – and what happens next – https://theconversation.com/how-the-uk-eu-deal-turns-the-page-on-brexit-and-what-happens-next-257158

    MIL OSI – Global Reports –

  • MIL-OSI USA: Canadian Business Delegation Visits Denver, Colorado to Promote Cross-Border Trade, Investment and Innovation

    Source: US State of Colorado

    DENVER — A delegation of more than a dozen public, private, and nonprofit leaders from Regina, Saskatchewan, Canada, is visiting Denver this week as part of a strategic trade and investment mission designed to strengthen economic ties between Colorado and Saskatchewan. 

    Led by Economic Development Regina (EDR), in partnership with the Global Business Development division within Colorado Office of Economic Development & International Trade (OEDIT), Denver Economic Development & Opportunity (DEDO), and Metro Denver Economic Development Corporation (EDC), the visit comes at a pivotal moment for North American trade and innovation. 

    “Colorado is proud to be hosting leaders from Regina and Saskatchewan Canada to continue strengthening our economic and social partnerships and protect both nations key industries from Trump’s reckless tariffs. I recently celebrated Colorado Canada Friendship Day, and worked with our neighbors to the north to solidify Colorado’s commitment to fostering healthy and beneficial trade relations to support both our growing and diverse economies,” said Governor Jared Polis. 

    The mission follows the celebration of Colorado Canada Friendship Day in March and coincides with the launch of new daily, non-stop United Airlines service between Regina and Denver, creating a direct link between Denver’s thriving economy and Saskatchewan’s capital – a hub for agriculture innovation, traditional and renewable energy, advanced manufacturing and supply chain connectivity into Western Canada. 

    Canada is already Colorado’s largest import and export partner. Colorado exports to Canada have grown at an average annual rate of 5.8% over the last five years, reaching $1.8 billion in 2023, while importing $5.5 billion from Canada. Colorado and Saskatchewan also enjoy a strong economic relationship, with more than $220.1 million in goods flowing between the two jurisdictions in the past year. 

    “At a time of growing trade uncertainty, cities like Denver and Regina can play a vital role in promoting open, collaborative economic relationships,” EDR CEO Chris Lane said. “This mission is about building connections, exploring business and investment opportunities, and growing together in sectors where our economies align.” 

    Denver-based organizations and investors stand to gain from enhanced access to Regina’s fast-growing agri-business sector, clean energy projects, and a workforce known for engineering, logistics, and manufacturing innovation. Conversely, Denver’s leadership in sustainability, post-secondary research, and global commerce presents important collaboration opportunities for Saskatchewan innovators. 

    During the visit, the host agencies will show off many of the things that contribute to Denver’s vibrant economy. Highlights include: 

    • A Leadership Roundtable and reception bringing together business leaders, post-secondary institutions, and trade agencies;
    • Active participation in World Trade Day, Colorado’s premier international business event;
    • Visits to the National Renewable Energy Laboratory (NREL) and Colorado State University’s SPUR campus, exploring shared research interests in clean tech and food systems;
    • A WorldDenver Premier Briefing on U.S.-Canada economic relations. 

    “Colorado’s strong relationship with Canada supports trade, foreign direct investment and tourism between the two regions, supporting business growth and expansion as well as job creation. We are thrilled to welcome our partners from Regina, Saskatchewan, Canada and celebrate the new nonstop flight that will strengthen our relationship and economic development opportunities,” said Eve Lieberman, Executive Director of OEDIT. 

    “Denver is honored to welcome a distinguished delegation from Regina, Saskatchewan, Canada. Our cities share much in common. We are both located in the heartlands of our nations, aligned in time zones that make collaboration seamless, and we’re both dynamic centers for innovation in emerging industries like Agtech. With United Airlines’ new nonstop flight connecting Denver and Regina, we are excited to deepen our friendship with our Canadian neighbors. We look forward to continued collaboration and building an even stronger relationship in the years ahead,” said DEDO’s Global Director, Stephanie Garnica. 

    “This delegation reflects the kind of intentional, cross-border collaboration that drives innovation and economic growth on both sides of the border,” said Raymond H. Gonzales, President of the Metro Denver EDC. “Colorado and Saskatchewan share strengths in advanced manufacturing, clean energy, ag-tech, and workforce excellence. By connecting our ecosystems through direct air service and strategic partnerships, we’re accelerating opportunities for shared prosperity.” 

    The Regina delegation includes representatives from the Government of Saskatchewan, the Regina Airport Authority, the University of Regina, Saskatchewan Trade and Export Partnership, Canadian Western Agribition, Regina Chamber of Commerce, Regina Hotel Association, City of Moose Jaw, Global Transportation Hub and Saskatchewan-based manufacturing businesses. 

    About the Colorado Office of Economic Development and International Trade 

    The Colorado Office of Economic Development and International Trade (OEDIT) works to empower all to thrive in Colorado’s economy. Under the leadership of the Governor and in collaboration with economic development partners across the state, we foster a thriving business environment through funding and financial programs, training, consulting and informational resources across industries and regions. We promote economic growth and long-term job creation by recruiting, retaining, and expanding Colorado businesses and providing programs that support entrepreneurs and businesses of all sizes at every stage of growth. Our goal is to protect what makes our state a great place to live, work, start a business, raise a family, visit and retire—and make it accessible to everyone. Learn more about OEDIT. 

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Governor Stein’s Statement on the House Budget Proposal

    Source: US State of North Carolina

    Headline: Governor Stein’s Statement on the House Budget Proposal

    Governor Stein’s Statement on the House Budget Proposal
    lsaito

    Raleigh, NC

    Today Governor Josh Stein released the following statement on the NC House budget proposal:

    “The House’s proposed budget isn’t perfect. But I am pleased that the House raises teacher pay to make North Carolina’s starting teacher salaries the second-highest in the Southeast and rewards our state employees with a raise. The House budget also makes important investments in public safety, child care, and workforce training. Importantly, the House budget cuts taxes for working families while recognizing that North Carolina is a growing state and reduces personal income tax rates after this year only when the economy is growing. In contrast, the Senate’s fiscally irresponsible revenue scheme will result in fewer teachers and law enforcement officers and diminished services that would harm our people.

    “There is more work to be done to ensure our state invests in North Carolina’s most valuable resource: our people. I look forward to working with the House and Senate to negotiate a budget that supports teachers, law enforcement, state employees, and critical services and infrastructure. That’s how we’ll build a North Carolina that is safer, stronger, and more prosperous with opportunity for every person.” 

    May 21, 2025

    MIL OSI USA News –

  • MIL-OSI USA: Congressman Nick Langworthy Introduces Bill to Save Taxpayers, Promote Infrastructure Development, and Increase Jobs

    Source: US Congressman Nick Langworthy (NY-23)

    WASHINGTON, D.C. – Today, Congressman Nick Langworthy (NY-23) introduced the Infrastructure Expansion Act, which would reform New York’s antiquated liability law on federally funded projects, reduce taxpayer costs, and promote more construction and jobs in our state.  This legislation will preempt state law and align New York with 49 other states which utilize a comparative negligence standard to assess fault when injuries occur on a construction site.

     

    “This bill is urgently needed to preempt this broken liability standard on federally funded projects and get New York building again,”said Congressman Langworthy. “New York’s Scaffold Law is a gift to trial lawyers and a burden on our construction workers and taxpayers, and it must change.” 

     

    “It is estimated that the scaffold law increases total construction costs between 5 and 10%. This only in New York law, dating from 1885, doesn’t protect workers and unnecessarily increases the cost for building roads and bridges, hospitals, schools, affordable housing, industrial facilities, and office buildings.

     

    “The last state to have such a law was Illinois which repealed its statute in 1995.  Since Albany refuses to act, federal preemption is the only path to proceed.  Enactment of this law will save at least $2 billion in federal tax dollars over the next 10 years and significant savings to state taxpayers. 

     

    “My hope is that this law if enacted will finally force Albany to reform this law, saving millions each year in construction costs to build schools, residential housing, and other projects which are not typically funded by Washington. Significant technology projects, such as Micron outside Syracuse and other projects all throughout New York State would see a reduced cost of construction,” continued Langworthy.

     

    New York State’s outdated Scaffold Law imposes absolute liability on property owners and contractors for elevation-related injuries—regardless of a worker’s own negligence. This unique-to-New York mandate has made construction insurance skyrocket, driving up the cost of housing, schools, and infrastructure across the state. New York’s law has also resulted in significant fraud as staged accident suits have flooded the courts. This situation was recently documented in an ABC News national story on construction and legal fraud, most of which occur in New York State due to the scaffold law. 

     

    Original cosponsors of this legislation include Rep. Claudia Tenney (R-NY) and Rep. Elise Stefanik (R-NY).

     

    “New York’s burdensome and misguided Scaffold Law has caused construction costs to skyrocket, making it one of most expensive states to build in the country. The Infrastructure Expansion Act will lower costs on federally funded projects by finally bringing fairness and balance to liability rules. This is a critical step toward bringing investments to our state and making New York more affordable and competitive,”said Congresswoman Tenney.

     

    Groups that support this legislation include the American Council of Engineering Companies of New York, Associated Builders and Contractors of New York State, Associated General Contractors of New York, Associated General Contractors of New York State, Building Trades Employer Association, Business Council of New York State, Inc., Big “I” New York, General Contractors Association, General Contractors Association of New York, Lawsuit Reform Alliance of New York, Long Island Builders Institute, National Association of Home Builders, National Electrical Contractors Association, New York Association of Homebuilders, New York Association of Towns, New York State Association for Affordable Housing, New York State Builders Association, New York State Business Council, Partnership for New York City, Real Estate Board of New York, Upstate United, Habitat for Humanity, .

     

    “This legislation is necessary for all future development projects in New York State because it addresses the biggest ongoing concern we hear from our businesses: affordability. New York is the only state with this kind of law, which mandates unnecessary provisions that only raise the cost of doing business. Congressman Langworthy’s bill is critical to ensure key economic development projects remain affordable, such as reconstructing Penn Station and bringing high-paying jobs and economic growth to Syracuse through Micron,” said Heather Mulligan, President and CEO, Business Council of New York State, Inc.

     

    “New York is the most expensive city in America, with the high cost of construction being a major contributor. Local legislators have been unwilling to override special interests to deal with our affordability crisis. We support the legislation introduced by Representative Langworthy that promises to impose needed fiscal discipline that we cannot seem to achieve on our own,” said Kathryn Wylde, President and CEO, Partnership for New York City.

     

    “This commonsense legislation replaces outdated absolute liability rules with a fair and modern comparative negligence standard for federally assisted construction projects. This long-overdue reform will help reduce fraud, lower insurance premiums, and establish a more balanced legal framework for both builders and workers.Escalating insurance costs threaten the viability of construction projects, drive up consumer costs, and delay critical development needed to address housing and infrastructure demands. This legislation is a necessary step toward restoring fairness and long-term sustainability in construction-related liability policies.We commend Congressman Langworthy for his leadership on this important issue and urge swift passage of this vital legislation,” said Mike Fazio, Executive Vice President, New York State Builders Association.

     

    “The Long Island Builders Institute supports the Infrastructure Expansion Act of 2025. This bill replaces outdated absolute liability rules with a fair comparative negligence standard for federally assisted infrastructure and transportation projects.By preempting such state laws and standardizing liability rules, this legislation ensures a balanced legal framework that encourages participation in federally supported projects without compromising worker protections.We applaud Representative Langworthy’s leadership and urge Congress to pass this commonsense reform,” said Mike Florio, CEO, Long Island Builders Institute.

     

    “The National Association of Home Builders commends Rep. Nick Langworthy (R-N.Y.) for introducing the Infrastructure Expansion Act. At a time when rising construction and insurance costs are driving up overall project expenses, this bill would help reduce costs and better use valuable taxpayer dollars by implementing reasonable and fair liability standards for certain federally funded projects,” said Buddy Hughes, Chairman, National Association of Home Builders. 

     

    “The Scaffold Law costs New Yorkers nearly $800 million a year without delivering any tangible construction safety benefits, and as a result, we are hindering the economic growth of our communities statewide, preventing safe development from moving forward and creating new jobs and new business opportunities,” said John T. Evers, President and CEO, American Council of Engineering Companies of New York (ACEC New York.) “New York needs reasonable regulations that eliminate unnecessary costs, and this bill does just that by removing the requirements for higher-rate insurance on projects that receive federal funding. With this proposed legislation, we can expand the size, scope and number of public works projects that are critical to improving the built environment around us, and we applaud the work of Congressman Nick Langworthy and his fellow lawmakers for their efforts to reverse this alarming trend.”

     

    “We’re grateful that Congressman Langworthy has heard the concerns of New York’s contractor community. His legislation takes aim at decades of abuse caused by an outdated, New York-only law that has helped make us one of the most expensive places to build in the country. When passed, it will help bring insurance carriers back to New York and make general liability coverage more affordable—allowing us to build more housing and repair our roads and bridges. We look forward to working with the Congressman to get this much-needed legislation across the finish line,”said Brian Sampson, ABC Empire State Chapter President.

     

    “The Scaffold Act is a costly mandate that places undue fiscal burdens on towns and their taxpayers when trying to complete projects in their respective communities. We need this commonsense reform that will lower costs, protect the taxpayers, and help spur more investments in our infrastructure and in economic development projects across the state,”said Christopher A Koetzle, Executive Director, New York Association of Towns.

     

    “Upstate United applauds Congressman Langworthy for introducing federal legislation that would reform New York’s outdated and costly ‘Scaffold Law.’ Originally enacted in the 1880s—when worker protections were minimal—the law now imposes an absolute liability standard for gravity-related construction accidents, a policy unique to New York. As a result, our state faces the highest general liability insurance costs for construction in the nation, burdening taxpayers with hundreds of millions of dollars each year. This proposed legislation would eliminate the absolute liability standard for federally funded projects, helping to reduce unnecessary costs and support job growth. We hope to see this legislation advance in D.C. and call on New York’s leaders to pursue long-overdue reforms at the state level,”said Justin Wilcox, Upstate United.

     

    “The Empire State will never resolve its affordable housing crisis, properly invest in public infrastructure and transportation, or attract and retain the industries of the future if the only-in-New York Scaffold Law continues to waste public funds on liability costs,” said Tom Stebbins, Executive Director, Lawsuit Reform Alliance of New York. “Congressman Langworthy’s bill is a step in the right direction. It protects taxpayers’ money from being siphoned from federal projects to pay for lawsuits that benefit no one except the personal injury lawyer lobby. Congress is taking note, when will Albany act?”

     

    “One of the main drivers of the high cost of construction in New York City is our antiquated Scaffold Law, which serves to protect special interests rather than any jobsite the law purportedly makes safer. Rep. Langworthy’s bill takes this outdated law head on, and if passed will allow our city to focus resources on the projects that matter, rather than increased insurance premiums and lawsuit settlements. Driving costs down and making New York City more affordable requires bold action at all levels, and Rep. Langworthy’s proposed legislation is a strong step in the right direction,” said James Whelan, President, Real Estate Board of New York.

     

    “Congressman Langworthy’s bill takes aim at New York’s century-old Scaffold Law and its unjust absolute liability standard—a relic that saddles taxpayers with billions in extra costs while doing nothing to make jobsites safer.  By replacing absolute liability with the same commonsense comparative-negligence standard, we can steer precious federal dollars toward rebuilding schools, roads, and affordable housing instead of lining trial-lawyer pockets. We applaud the Congressman’s leadership and stand ready to help get this done for workers, taxpayers and our economy,” said Mike Elmendorf, President & CEO of the Associated General Contractors of New York State.

    “Congressman Langworthy’s bill is a long-overdue step toward restoring fairness and affordability in New York’s construction industry. The Scaffold Law’s absolute liability standard, which is unique to New York, inflates insurance costs by as much as 7%, directly driving up the price of affordable housing and infrastructure statewide. Reforming this outdated law is not just common sense, it’s essential to addressing our affordability crisis and ensuring that coveted federal dollars are spent building homes and communities, not fueling a broken legal system,” said Jolie Milstein, President and CEO, New York State Association for Affordable Housing.

     

    “Representative Langworthy’s bill gives us a direct path to lowering costs on federally funded projects.  Insurance costs in New York City are unreasonably high. Bringing down costs will mean more construction; more construction means more union construction jobs. Let’s get this much needed legislation across the finish line and bring more construction and construction jobs to New York,”saidElizabeth Crowley, President and CEO, Building Trades Employer Association.

     

    “Congressman Langworthy’s bill will help in removing the effects of outdated laws on NYS’s highest in the nation insurance costs,” said Robert G. Wessels, Executive Director of the General Contractors Association of New York. “The savings obtained by decreasing the extreme cost paid by NY Contractors, for insurance on public works projects, can be used for further investment in critical infrastructure projects.”

     

    “The National Electrical Contractors Association (NECA) strongly supports the Infrastructure Expansion Act of 2025 and applauds Congressman Nick Langworthy for his leadership in advancing this vital legislation. By ensuring that federal infrastructure projects are governed by a fair, comparative negligence standard rather than outdated absolute liability rules, this bill protects both contractors and property owners while preserving access to critical federal funding.
    On behalf of our several hundred electrical contractors across New York State, we thank Rep. Langworthy for standing up for the skilled professionals who power and build America’s infrastructure. This commonsense reform promotes safety, accountability, and much-needed investment in our nation’s roads, bridges, transit systems, and energy networks,” said Marco Giamberardino, SVP, Government and Public Affairs, National Electrical Contractors Association (NECA).

    MIL OSI USA News –

  • MIL-OSI China: MOFA sincerely appreciates international support for Taiwan’s bid to participate in WHO and WHA

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    May 19, 2025  

    No. 163  

    The 78th World Health Assembly (WHA) is opening in Geneva on May 19. Following proactive efforts by the Ministry of Foreign Affairs (MOFA) and related overseas missions, Taiwan’s bid to participate in the WHA has received staunch and concrete support from the Group of Seven (G7), the executive and legislative branches of government of more than 50 countries, the European Union, the European Parliament, and representative offices of like-minded nations in Taiwan. MOFA expresses sincere appreciation for this support.

     

    Eleven of Taiwan’s diplomatic allies, as members of the World Health Organization (WHO), submitted a proposal to the WHO Secretariat to invite Taiwan to participate in the WHA as an observer, requesting that the proposal be included as a supplementary item on this year’s WHA agenda. Saint Lucia Prime Minister Philip J. Pierre personally wrote a letter urging WHO Director-General Tedros Adhanom Ghebreyesus to invite Taiwan to attend the WHA. The parliaments of Guatemala, Palau, and Saint Christopher and Nevis adopted resolutions backing Taiwan.

     

    The magnitude of support for Taiwan from like-minded countries has continued to grow. The current US administration has publicly endorsed Taiwan’s international participation more than 10 times. This includes a joint statement issued at the US-Japan leaders’ summit by President Donald Trump and Prime Minister Shigeru Ishiba in February, which for the first time contained text advocating Taiwan’s meaningful involvement in international organizations. US Secretary of State Marco Rubio reaffirmed firm US support for Taiwan’s international participation during his congressional confirmation hearing as well as in interviews and joint statements issued at two meetings with the foreign ministers of Japan and the Republic of Korea. The United States twice spoke up for Taiwan at the WHO Executive Board session held in February. In April, it publicly refuted China’s misuse of United Nations General Assembly (UNGA) Resolution 2758 at the UN Security Council for the first time, reiterating that the resolution did not preclude Taiwan’s participation in the UN system or other multilateral fora. In terms of US congressional support, the House of Representatives passed the Taiwan International Solidarity Act without opposition on May 5. The act urged the US government to resist China’s efforts to suppress Taiwan through mischaracterization of UNGA Resolution 2758. In addition, nine US state legislatures approved resolutions backing Taiwan’s involvement in international organizations.

     

    Furthermore, in a joint statement issued following a meeting in March, the G7 foreign ministers reaffirmed support for Taiwan’s meaningful participation in international organizations. On May 15, the European Union expressed a similar stance and recognized the extraordinary contributions Taiwan can make through its digital healthcare capabilities. In February, the European Parliament overwhelmingly adopted a resolution on the implementation of the EU Common Foreign and Security Policy, which backed Taiwan’s meaningful participation in relevant world bodies. 

    High-ranking European officials who publicly spoke up for Taiwan included Italian Deputy Prime Minister and Minister of Foreign Affairs Antonio Tajani, Irish Deputy Prime Minister and Minister for Foreign Affairs and Trade Simon Harris, Australian Minister for Foreign Affairs Penny Wong, Swedish Minister for Foreign Affairs Maria Malmer Stenergard, and Swedish Minister for Social Affairs and Public Health Jakob Forssmed. A total of 534 members of the European Parliament and 29 national parliaments across Europe cosigned a letter of the Formosa Club reaffirming support for Taiwan. The World Medical Association and other professional groups endorsed Taiwan’s participation in WHO and the WHA as they had done in the past.

     

    MOFA thanks the representative offices in Taiwan of the United Kingdom, France, Australia, Canada, the Czech Republic, Germany, Japan, and Lithuania for issuing a joint statement for the fifth year prior to the WHA affirming the immense benefits that Taiwan could bring to WHA discussions. The statement also emphasized that there was no legitimate reason for Taiwan’s exclusion from the WHA and that Taiwan’s absence would undermine the spirit of inclusive global public health cooperation and safety that WHO’s founding documents called for.

     

    MOFA points out that these positive developments fully demonstrate that China’s unreasonable obstruction of Taiwan’s participation in WHO has gained little traction or support among nations worldwide. MOFA reiterates that UNGA Resolution 2758 and WHA Resolution 25.1 make no mention of Taiwan, have nothing to do with Taiwan, and therefore cannot be cited as a legal basis for precluding Taiwan from participating in WHO or other international organizations or multilateral mechanisms or fora. MOFA asks that the WHO Secretariat listen closely to member countries, stop further condoning political manipulation by China, and instead work to realize WHO’s goals of “Leaving No One Behind” and “One World for Health” so as to fulfill its responsibility to maintain and improve the health and well-being of all people. MOFA also asks that Taiwan be allowed full and unobstructed participation in all WHO meetings, mechanisms, and activities, including the WHA. (E)

    MIL OSI China News –

  • MIL-OSI: Best Online Roulette Florida: Wild Casino Chosen as The Top Roulette FL Site

    Source: GlobeNewswire (MIL-OSI)

    New York City, May 21, 2025 (GLOBE NEWSWIRE) —

    The online roulette Florida players can access is becoming increasingly popular as more residents look for legal, secure ways to enjoy real-money casino games online. While Florida has yet to authorize state-regulated online casinos, many trusted platforms cater to US players, offering a wide range of roulette options with smooth gameplay and fair odds. Choosing the right site is essential for a safe and enjoyable experience, and Wild Casino stands out as the top choice for players in Florida.

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    For Florida players seeking a reliable and rewarding online roulette experience, Wild Casino delivers on every front. With multiple roulette variants, secure gameplay, and a platform designed for US users, it stands out as a trusted destination for real-money action. From quick registration and fast payouts to live dealer options and smart bonuses, everything is built to support smooth, engaging, and fair roulette sessions.

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    Editorial Note

    This article is provided solely for informational and entertainment purposes. Nothing within should be interpreted as legal, financial, or professional advice. Readers should carry out their own research before participating in any gambling activities or signing up with any online casinos mentioned. 

    Gambling Caution

    Online gambling comes with financial risks and may lead to addictive behavior or monetary loss. We urge all readers to gamble responsibly. If you or someone you know is struggling with gambling, professional help is available. The National Council on Problem Gambling (NCPG) can be contacted at 1-800-522-4700 or visited online at www.ncpgambling.org.

    21+ only. It is up to each individual to verify whether online gambling is permitted under their local, state, or federal laws. Neither the publisher, the authors, nor any syndication partners condone or support unlawful gambling. Participation in online gambling is done at the reader’s own discretion and risk.

    Affiliate Transparency

    This article may include affiliate links. If you click on a link and make a purchase or register, a commission may be earned, at no extra cost to you.

    Syndication and Liability Disclaimer

    Any third-party publishers, media platforms, or syndication partners that republish this content do so understanding that it is meant for informational purposes only. These entities are not responsible for the legality, accuracy, or interpretation of the material.

    Project name: Wild Casino

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    The MIL Network –

  • MIL-OSI Economics: RBI Bulletin – May 2025

    Source: Reserve Bank of India

    Today, the Reserve Bank released the May 2025 issue of its monthly Bulletin. The Bulletin includes two speeches, four articles and current statistics.

    The four articles are: I. State of the Economy; II. Economic Activity and Banknotes: New Approaches; III. Digital Footprints: Decoding India’s Inbound Tourism through Internet Searches; and IV. Impact of Weather Anomalies on Vegetable Prices in India.

    I. State of the Economy

    Persistent trade frictions, heightened policy uncertainty, and weak consumer sentiment continue to create headwinds for global growth. Amidst these challenges, the Indian economy exhibited resilience. Various high frequency indicators of industrial and services sectors sustained their momentum in April. A bumper rabi harvest and higher acreage for summer crops, coupled with favourable southwest monsoon forecasts for 2025, augur well for the agriculture sector. Headline CPI inflation fell for the sixth consecutive month to its lowest since July 2019, primarily driven by the sustained easing in food prices. Domestic financial market sentiments, which remained on edge in April, witnessed a turnaround since the third week of May.

    II. Economic Activity and Banknotes: New Approaches

    by Gautham Udupa, Pradip Bhuyan, Dileep Kumar Verma and Nirupama Kulkarni

    This article investigates the impact of economic activity on banknotes in circulation, with a particular focus on the role of the formal sector. Leveraging high-frequency monthly nightlights data as a proxy for total economic activity and tax collection data as a measure of formal economic activity, the analysis isolates the effect of formalisation on Notes in Circulation (NiC), controlling for aggregate economic output.

    Highlights:

    • The growth rate in NiC (in value terms) during 2014 – 2024 was significantly lower as compared to that in the previous two decades.

    • The growth in NiC was noticeably higher than that in GDP during 1994 – 2004; the gap, however, has significantly reduced in the next two decades.

    • There exists positive relationship between nightlights and taxes and also between nightlights and GDP.

    • The article finds strong evidence that formal economic activity reduces the use of banknotes.

    III. Digital Footprints: Decoding India’s Inbound Tourism through Internet Searches

    By Lokesh and A R Jayaraman

    This article explores Destination Insights with Google (DIG), a non-traditional high-frequency data source, to track inbound tourism in India. DIG monitors global tourism trends through travel-related searches. The study examines the linkage between foreign tourist arrivals (FTA) and Google searches made for travel to India from the rest of the world.

    Highlights:

    • There is a strong association between FTA and travel-related search volume index.

    • The index captures directional changes in FTA reasonably well.

    • The index Granger causes FTA implying its ability to serve as a leading indicator to predict FTA.

    IV. Impact of Weather Anomalies on Vegetable Prices in India

    By Nishant Singh and Love Kumar Shandilya

    Vegetable prices exhibit high volatility and play a major role in driving India’s food and headline inflation. The volatility in vegetable prices is often exacerbated by supply-side disturbances, predominantly driven by weather shocks warranting regular monitoring of evolving weather conditions. This study investigates how weather anomalies, particularly in rainfall and temperature, affect vegetable prices in India.

    Highlights:

    • After controlling for seasonality in vegetables prices as well as movements in market arrivals and reservoir levels, empirical estimates suggest that weather anomalies add to price pressures in vegetables with temperature anomalies having a more immediate impact.

    • Moreover, the impact of temperature anomalies has increased in recent periods, highlighting the need for faster adoption of temperature-resistant crop varieties to support the objective of price stability.

    The views expressed in the Bulletin articles are of the authors and do not represent the views of the Reserve Bank of India.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/384

    MIL OSI Economics –

  • MIL-OSI United Kingdom: UK-East Africa trade forum to kickstart investment

    Source: United Kingdom – Executive Government & Departments

    World news story

    UK-East Africa trade forum to kickstart investment

    UK hosts first-ever forum dedicated to trade and investment with East Africa, including announcements on cross-border trade and electric motorbikes.

    The UK has announced two investments in East Africa to de-risk cross-border trade for buyers and sellers, as well as to provide more electric bikes and charging infrastructure in Kenya. 

    The announcements were made at the first-ever East Africa Trade and Investment Forum (EATIF). The forum has brought together businesses and governments from Kenya, Uganda and Tanzania to engage directly with British businesses, and agree future investments. The forum takes place on 21 to 22 May 2025. It has been organised by DMA Invest and the East Africa Association, in partnership with the UK Government. 

    British International Investment (BII) and Standard Chartered Bank will support trade finance in Kenya and Tanzania with a USD $100 million facility to de-risk cross-border and local trade. This will make finance more accessible for businesses as well as increase the availability of vital goods and services. Investment qualifies for the ‘2X Challenge’ which advances gender equality and women’s economic empowerment in developing countries. The facility will support female-led businesses, as well as employment and leadership opportunities for women, and is expected to finance over USD $450 million in trade volumes over its lifetime. 

    In addition, BII will make a USD $5 million investment in electric motorbike infrastructure in Kenya. The investment will support ARC Ride’s initial rollout of 5,000 electric motorbikes and upgrade battery swapping infrastructure which will increase adoption. This will directly result in over 100,000 metric tons of CO2 per year being saved as electric mobility replaces petrol motorbikes.

    Lord Collins, the UK Government’s Minister for Africa, represented the United Kingdom at the summit, which was also attended by government delegations from Kenya, Uganda and Tanzania. This included: Abubakar Hassan Abubakar, Principal Secretary State Department for Investment Promotion, Kenya, and the CEO of the Kenya Investment Authority (KenInvest), John Mwendwa; General Wamala, Minister for Works and Transport in Uganda; and Msafiri Lameck Mbibo, Deputy Permanent Secretary of the Ministry of Minerals in Tanzania. 

    Lord Collins, the UK Government’s Minister for Africa, said: 

    The UK is a long-term partner for long-term investment in East Africa. This forum will showcase the best of East African business to British business and lay a pipeline of private sector investment between them. This, combined with much-needed improvements to regulations and resilience, will lead to jobs and mutual growth in the future. We go far when we go together.

    Mwebesa Francis, Ugandan Minister for Trade, Industry and Cooperatives said: 

    We welcome the UK-East Africa Trade and Investment Forum 2025 as a platform to highlight Uganda’s vibrant trade and investment opportunities. By engaging with UK investors and partners, we aim to enhance our trade infrastructure, diversify our export markets, and drive sustainable development. We hope this forum will also explore ways to leverage trade and investment to accelerate progress towards our Ten-fold Growth Strategy, unlocking new opportunities for economic growth and development.

    Abubakar Hassan Abubakar, Principal Secretary, State Department for Investment Promotion, Kenya, said: 

    Kenya provides Africa’s leading value proposition for private capital, with a great portfolio of opportunities in key sectors. We are proud to be part of the UK EATIF and welcome the regional focus that fosters economic integration.

    Chris Chijiutomi, MD and Head of Africa at British International Investment, said:  

    BII is proud to announce these two investments today at the EATIF, demonstrating our commitment to fostering economic growth in East Africa. By making trade finance more accessible and backing innovative infrastructure projects like electric motorbikes, we are addressing critical needs in the region. We’re not only supporting businesses that are the backbone of these economies, but also driving inclusive and sustainable growth, contributing to a more resilient and prosperous East African region.

    The EATIF aims to deliver mutually beneficial growth and jobs by building partnerships between businesses and policymakers in Kenya, to create a long pipeline of investment between the UK and the region. It will aim to channel private sector funding into high-impact sectors critical for sustainable development like infrastructure, clean energy, agribusiness, healthcare, and manufacturing. 

    EATIF aims to replicate the success of the West and Central Africa Forum (WCAF), which built a pipeline of over GBP 1 billion in deals over three years. EATIF is just the beginning, with a series of follow-up engagements planned to sustain momentum and translate relationships into tangible deals. 

    These interactions, ranging from government-to-government meetings to C-suite business dialogues, will help align priorities and lay the groundwork for future partnerships. The forum will showcase the full suite of UK government support available to businesses, such as UK Export Finance (UKEF) and BII. UKEF has played a transformative role in other regions, growing its exposure in West and Central Africa from £3 million to over £1.2 billion, and similar outcomes are expected in East Africa over time. These tools can help UK and East African businesses de-risk projects and access finance more easily. 

    Further information

    The East Africa Trade and Investment Forum 

    More information can be found here.

    British International Investment announcements 

    1. Trade Finance Facility with Standard Chartered 

    • the USD $100 million Trade Finance Programme with BII and SCB is a 50:50 risk-sharing facility to increase access to trade finance for businesses in Kenya and Tanzania
    • the facility will provide much-needed trade finance support to businesses in sectors such as food, agriculture, healthcare, industrials, and infrastructure to increase access to trade financing and support growth in the region
    • the investment qualifies for the 2x Challenge as at least 30% of the facility will support businesses that provide employment and leadership opportunities for women
    • it is expected to support and facilitate over USD $450 million in trade volumes over its lifetime, creating better economic opportunities for suppliers and businesses in East Africa
    • the long-standing partnership between BII, the UK’s development finance institution and impact investor and SCB, a leading international cross-border bank, demonstrates how UK organisations are collaborating to enhance trade and economic development in the region

    2. ARC Ride 

    • BII’s investment in ARC Ride, Africa’s e-mobility battery-as-a-service (BaaS) provider, will support the company to provide affordable, reliable and clean e-mobility solutions for rapidly developing cities in Kenya
    • the financing will enable ARC Ride’s initial rollout of 5,000 electric two-wheelers (E2W) and accelerate the expansion of E2W BaaS infrastructure
    • with the goal to build Africa’s first and largest automated battery swapping network, it is also establishing the industry standard for battery swapping of E2Ws both from ARC Ride and other manufacturers, which is important for more Electric Vehicle (EV) adoption
    • it will directly result in over 100,000 metric tonnes of CO2 per year being saved as electric mobility replaces petrol motor bikes

    Media Content 

    Photos and videos from the event can be found here.

    Contact 

    Updates to this page

    Published 21 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI: Bitget Wallet Launches New Brand Identity and “Crypto for Everyone” Movement

    Source: GlobeNewswire (MIL-OSI)

    Backed by 300% user growth, Bitget Wallet unveils a new design and $1M campaign to bring crypto into everyday use worldwide

    SAN SALVADOR, El Salvador, May 21, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has unveiled a new brand identity to reflect its evolution into a full-service crypto wallet designed for everyday use. With over 80 million users, Bitget Wallet has strategically expanded its offerings beyond trading and earning to onchain discovery and global payments. Alongside a new logo symbolizing simplicity and direction, the app has introduced a more streamlined, user-friendly interface to make crypto more intuitive for all. Bitget Wallet stands by the inclusive motto — Crypto for Everyone — now part of a broader initiative, the Crypto for Everyone Movement, aimed at onboarding the next billion users. Through this, it plans to incentivize the community with a pool of over $1 million as gratitude for support.

    “The role of wallets is evolving — it’s moving from a niche tool to one with real-world utility for everyday needs,” said Alvin Kan, COO of Bitget Wallet. “This rebrand is part of a longer-term plan to make crypto accessible for everyone. We’re building towards a future where interacting with crypto feels as easy as using Uber or Paypal,” he added. Bitget Wallet’s growth has coincided with increased demand for self-custody and alternative financial access, particularly in regions where banking infrastructure is limited. The platform saw a 300% increase in users over the past year, with the fastest growth in Africa (+959%), Europe (+367%), and the Middle East (+350%), as more individuals turn to crypto to navigate inflation, limited banking access, and economic instability, gaining greater control over their finances.

    Bitget Wallet’s rebrand focuses on making crypto easier to use and more practical for everyday needs. Built around four core features — Trade, Earn, Pay, and Discover — the wallet lets users track market trends, explore new tokens, and trade across over 130 blockchains with one click. In selected regions, a new Simple Mode will be launched to offer a streamlined experience for users who are new to crypto. To support secure usage, it includes protections like real-time risk monitoring and transaction screening, helping users navigate onchain finance more safely.

    Bitget Wallet is among the first to launch an in-app shop and remains the only major self-custodial wallet offering full payment flexibility, including crypto cards, QR code scans, and direct purchases. The shop supports over 300 brands across gaming, mobile, travel, and e-commerce, enabling crypto payments at Amazon, Google Play, Shopee, and more. Regional integrations with national QR payment systems are also underway. Building on this everyday utility, the wallet offers yield features to help users earn passive income on their crypto balances and plans to support tokenized real-world assets like stocks and gold as it expands beyond digital assets.

    “Bitget Wallet stands strong with the essence of crypto extending beyond our decentralized vision, serving as a critical access layer across trading, earning, and payments for onchain assets. Users now have an even more powerful tool — simple to use, accessible, and packed with capabilities — that connects people to opportunity, wherever they are, whenever they need,” said Gracy Chen, CEO at Bitget.

    To mark the rebrand, Bitget Wallet is launching the Crypto for Everyone Movement in partnership with leading ecosystem projects, offering over $1 million in rewards and inviting users to explore the updated platform through interactive campaigns.

    More details on the brand update and product roadmap are available on the Bitget Wallet blog. Watch the brand video on YouTube.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets.
    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

    For media inquiries, contact media.web3@bitget.com

    Disclaimer: This is a paid post and is provided by Bitget. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

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

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/62942f0e-9b03-4122-91be-4dd57d364f1a

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e3937725-8626-4018-bbab-fc0fe485b879

    https://www.globenewswire.com/NewsRoom/AttachmentNg/235a4208-356f-44ed-8016-20c19a845169

    The MIL Network –

  • MIL-OSI: XRP News: 7 Days Left, Buy $XDX Before XenDex Presale Closes and Exchange Listings Begin

    Source: GlobeNewswire (MIL-OSI)

    SYDNEY, May 21, 2025 (GLOBE NEWSWIRE) — With just 7 days remaining, the clock is ticking for investors to secure their allocation of $XDX tokens before the XenDex presale officially ends. Having already filled its soft cap and with the hard cap nearly reached, XenDex is entering its final presale phase and early momentum is turning into full-blown market attention.

    XenDex is emerging as the most anticipated DeFi launch on the XRP Ledger, offering real utility, speed, and accessibility at a time when XRP is experiencing a powerful market resurgence.

    Buy XDX

    Riding on the recent news of the possibility of XRP price hitting all time high, XenDex is building the DeFi infrastructure XRP has long needed. Its all-in-one decentralized exchange (DEX) is in active development, and the Version 1 of the DEX will be unveiled soon, showcasing every feature in action.

    A First-of-Its-Kind Platform on XRPL

    XenDex combines the best of DeFi in a beginner-friendly, powerful interface, including:

    • AI-Powered Copy Trading – Mirror successful trades and reduce risk in real-time
    • Non-Custodial Lending & Borrowing – Earn rewards by lending or using assets as collateral
    • Cross-Chain Trading – Seamlessly swap XRP tokens across networks like Solana, Ethereum, and BNB
    • Staking & Yield Farming – Earn passive income by supplying liquidity to XenDex pools
    • DAO Governance – Let the community steer the direction of the platform via $XDX voting rights

    Join XenDex Presale

    The upcoming mockup will give the community a first look at how these features will function and only presale buyers will get early access to the live platform once it launches.

    Presale Details (Final Phase)

    • Soft Cap: Filled
    • Hard Cap: Almost Filled
    • Price: 1.25 XRP = 10 XDX
    • Minimum Buy: 150 XRP

    Buy Now Before the Presale Ends: https://xendex.net/presale

    Confirmed Listings on Major Exchanges

    Once the presale closes, $XDX will be listed on:

    • Binance
    • Gate.io
    • MEXC
    • BitMart
    • FirstLedger
    • MagneticX

    Buy $XDX Now Before Listing On Binance

    Thousands have already joined the XenDex community across Telegram and X (Twitter), locking in their $XDX tokens before exchange listings go live. With the soft cap filled, token supply shrinking, and momentum building by the hour, this is your last best opportunity to buy before price pressure explodes.

    With XRP’s momentum stronger than ever and XenDex close to launching, this is your last chance to buy before price surges post-listing.

    Join the XenDex Community

    Website: https://xendex.net
    Presale: https://xendex.net/presale
    Telegram: https://t.me/xendexcommunity
    Twitter/X: https://x.com/xendex_xrp
    Docs: https://xdxdocs.gitbook.io

    Contact:
    Frank Richards
    Frank@xendex.net

    Disclaimer: This is a paid post provided by XenDex. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.

    Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8182d808-49c5-41f6-a354-e7cca62a378a

    The MIL Network –

  • MIL-OSI USA: Italian Food Emporium Joins Rural Jump-Start Program, Bringing Artisan Pasta to Montrose

    Source: US State of Colorado

    MONTROSE — The Business Funding & Incentives Division of the Colorado Office of Economic Development & International Trade (OEDIT) announced today that Italian Food Emporium, LLC, an artisanal pasta manufacturing company, has joined the Rural Jump-Start (RJS) Program. Committed to time-honored Italian pasta-making techniques, Italian Food Emporium will create new jobs, support local agriculture, and sell Montrose-produced pasta to grocery stores throughout Colorado and out of the state. 

    “Colorado is proud to support businesses like the Italian Food Emporium that enrich communities by offering unique, high-quality goods and services, such as their artisanal pasta for Coloradans on the Western Slope. By fostering opportunities through the Rural Jump-Start initiative, we empower businesses to stimulate local economies, generate jobs, and enhance the quality of life in Colorado communities.” said Governor Jared Polis. 

    “The Rural Jump-Start program is an important tool to support new jobs across Colorado, and we are thrilled to see the Italian Food Emporium recognize the many benefits of being based in Montrose, CO. The company’s traditional techniques and use of local ingredients exemplifies how global expertise can integrate into regional assets to create new jobs and diversify the local economy,” said Eve Lieberman, OEDIT Executive Director. 

    While proudly sourcing fresh ingredients directly from Colorado, at the core of Italian Food Emporium’s mission is a commitment to time-honored Italian pasta-making techniques. Employing traditional Italian machinery and ingredients, including flour, meats, and cheeses imported directly from Italy, alongside experienced workers, the company crafts pasta with the quintessential texture and flavor of Italian craftsmanship. In Montrose, Colorado, Italian Food Emporium plans to open a storefront and manufacturing space to produce both fresh and dried pasta to sell on-site at a storefront in town, at regional farmers markets, and wholesale to grocery stores and restaurants across and outside of the state. The company plans to employ four new hires. 

    “Our goal is to give both professional chefs and home cooks convenient access to fresh, artisan-quality pasta that tastes just like it was made by nonna,” said Jenny Pezzica, Italian Food Emporium’s Founder. “For chefs, this means adding handmade-quality pasta to their menus without compromise. For families, it means enjoying restaurant-level meals at home, without the need to roll and knead the dough themselves.” 

    The Rural Jump-Start (RJS) program encourages economic development and job creation in economically distressed, rural counties of Colorado. These grants are intended to support regional economic and workforce development activities that expand local business, create new good-paying jobs, and strengthen and diversify local economies. Sponsoring entities like Montrose Economic Development Corporation (MEDC) help identify RJS candidates in their communities and work with the business to help ensure its success in the program and in the community. 

    “Having a startup company of this caliber in our community is exciting. MEDC works with small and large companies alike that want to create primary jobs to bring new dollars into our community. The Italian Food Emporium is a great addition to our community and to the State of Colorado,” said Sandy Head, Executive Director of the MEDC. 

    To learn more about the Rural Jump-Start program, please contact Quina Weber-Shirk at quina.webershirk@state.co.us. 

    About the Colorado Office of Economic Development and International Trade 

    The Colorado Office of Economic Development and International Trade (OEDIT) works to empower all to thrive in Colorado’s economy. Under the leadership of the Governor and in collaboration with economic development partners across the state, we foster a thriving business environment through funding and financial programs, training, consulting and informational resources across industries and regions. We promote economic growth and long-term job creation by recruiting, retaining, and expanding Colorado businesses and providing programs that support entrepreneurs and businesses of all sizes at every stage of growth. Our goal is to protect what makes our state a great place to live, work, start a business, raise a family, visit and retire—and make it accessible to everyone. Learn more about OEDIT. 

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    MIL OSI USA News –

  • MIL-OSI Asia-Pac: MOFA sincerely appreciates international support for Taiwan’s bid to participate in WHO and WHA

    Source: Republic of China Taiwan

    May 19, 2025  
    No. 163  

    The 78th World Health Assembly (WHA) is opening in Geneva on May 19. Following proactive efforts by the Ministry of Foreign Affairs (MOFA) and related overseas missions, Taiwan’s bid to participate in the WHA has received staunch and concrete support from the Group of Seven (G7), the executive and legislative branches of government of more than 50 countries, the European Union, the European Parliament, and representative offices of like-minded nations in Taiwan. MOFA expresses sincere appreciation for this support.
     
    Eleven of Taiwan’s diplomatic allies, as members of the World Health Organization (WHO), submitted a proposal to the WHO Secretariat to invite Taiwan to participate in the WHA as an observer, requesting that the proposal be included as a supplementary item on this year’s WHA agenda. Saint Lucia Prime Minister Philip J. Pierre personally wrote a letter urging WHO Director-General Tedros Adhanom Ghebreyesus to invite Taiwan to attend the WHA. The parliaments of Guatemala, Palau, and Saint Christopher and Nevis adopted resolutions backing Taiwan.
     
    The magnitude of support for Taiwan from like-minded countries has continued to grow. The current US administration has publicly endorsed Taiwan’s international participation more than 10 times. This includes a joint statement issued at the US-Japan leaders’ summit by President Donald Trump and Prime Minister Shigeru Ishiba in February, which for the first time contained text advocating Taiwan’s meaningful involvement in international organizations. US Secretary of State Marco Rubio reaffirmed firm US support for Taiwan’s international participation during his congressional confirmation hearing as well as in interviews and joint statements issued at two meetings with the foreign ministers of Japan and the Republic of Korea. The United States twice spoke up for Taiwan at the WHO Executive Board session held in February. In April, it publicly refuted China’s misuse of United Nations General Assembly (UNGA) Resolution 2758 at the UN Security Council for the first time, reiterating that the resolution did not preclude Taiwan’s participation in the UN system or other multilateral fora. In terms of US congressional support, the House of Representatives passed the Taiwan International Solidarity Act without opposition on May 5. The act urged the US government to resist China’s efforts to suppress Taiwan through mischaracterization of UNGA Resolution 2758. In addition, nine US state legislatures approved resolutions backing Taiwan’s involvement in international organizations.
     
    Furthermore, in a joint statement issued following a meeting in March, the G7 foreign ministers reaffirmed support for Taiwan’s meaningful participation in international organizations. On May 15, the European Union expressed a similar stance and recognized the extraordinary contributions Taiwan can make through its digital healthcare capabilities. In February, the European Parliament overwhelmingly adopted a resolution on the implementation of the EU Common Foreign and Security Policy, which backed Taiwan’s meaningful participation in relevant world bodies. 
    High-ranking European officials who publicly spoke up for Taiwan included Italian Deputy Prime Minister and Minister of Foreign Affairs Antonio Tajani, Irish Deputy Prime Minister and Minister for Foreign Affairs and Trade Simon Harris, Australian Minister for Foreign Affairs Penny Wong, Swedish Minister for Foreign Affairs Maria Malmer Stenergard, and Swedish Minister for Social Affairs and Public Health Jakob Forssmed. A total of 534 members of the European Parliament and 29 national parliaments across Europe cosigned a letter of the Formosa Club reaffirming support for Taiwan. The World Medical Association and other professional groups endorsed Taiwan’s participation in WHO and the WHA as they had done in the past.
     
    MOFA thanks the representative offices in Taiwan of the United Kingdom, France, Australia, Canada, the Czech Republic, Germany, Japan, and Lithuania for issuing a joint statement for the fifth year prior to the WHA affirming the immense benefits that Taiwan could bring to WHA discussions. The statement also emphasized that there was no legitimate reason for Taiwan’s exclusion from the WHA and that Taiwan’s absence would undermine the spirit of inclusive global public health cooperation and safety that WHO’s founding documents called for.
     
    MOFA points out that these positive developments fully demonstrate that China’s unreasonable obstruction of Taiwan’s participation in WHO has gained little traction or support among nations worldwide. MOFA reiterates that UNGA Resolution 2758 and WHA Resolution 25.1 make no mention of Taiwan, have nothing to do with Taiwan, and therefore cannot be cited as a legal basis for precluding Taiwan from participating in WHO or other international organizations or multilateral mechanisms or fora. MOFA asks that the WHO Secretariat listen closely to member countries, stop further condoning political manipulation by China, and instead work to realize WHO’s goals of “Leaving No One Behind” and “One World for Health” so as to fulfill its responsibility to maintain and improve the health and well-being of all people. MOFA also asks that Taiwan be allowed full and unobstructed participation in all WHO meetings, mechanisms, and activities, including the WHA. (E)

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Scientists design gene delivery systems for cells in the brain and spinal cord

    Source: US Department of Health and Human Services – 2

    News Release
    Wednesday, May 21, 2025

    NIH-funded breakthrough could enable targeted therapies for many neurological disorders.

    Research teams funded by the National Institutes of Health (NIH) have created a versatile set of gene delivery systems that can reach different neural cell types in the human brain and spinal cord with exceptional accuracy. These delivery systems are a significant step toward future precise gene therapy to the brain that could safely control errant brain activity with high precision. In contrast, current therapies for brain disorders mostly treat only symptoms.
    The new delivery systems carry genetic material into the brain and spinal cord for targeted use by specific cell types. This platform has the potential to transform how scientists can study neural circuits. It provides researchers with gene delivery systems for various species used in research, without the need for genetically modified, or transgenic, animals. Examples include illuminating fine structures of brain cells with fluorescent proteins and activating or silencing circuits that control behavior and cognition.
    “Imagine this new platform as a delivery truck dropping off specialized genetic packages in specific cell neighborhoods in the brain and spinal cord,” said John Ngai, Director of the NIH’s Brain Research Through Advancing Innovative Neurotechnologies® Initiative, or The BRAIN Initiative®. “With these delivery systems, we can now access and manipulate specific cells in the brain and spinal cord – access that was not possible before at this scale.”
    The new delivery tools, which use a small, stripped-down adeno-associated virus (AAV) to deliver DNA to target cells, can be broadly applied across many species and experimental systems, including small tissue samples removed during human brain surgeries. The delivery systems have been tested, or validated, in intact living systems, which is an important step for introducing new tools for widespread use. The newly published toolkit includes:

    Dozens of delivery systems that selectively target key brain cell types, including excitatory neurons, inhibitory interneurons, striatal and cortical subtypes, brain blood vessel cells, and hard-to-reach neurons in the spinal cord that control body movement and are damaged in several neurological diseases, such as amyotrophic lateral sclerosis (ALS) and spinal muscular atrophy
    Computer programs powered by artificial intelligence (AI) that can identify genetic “light switches,” known as enhancers, that turn genes on in specific brain cell types, using data from many different species – cutting considerable time and effort for scientists looking for these genetic switches.

    Overall, this collection of research tools will significantly accelerate understanding of the human brain. Importantly, the toolkit enables access to specific brain cell types in the prefrontal cortex, an area that’s critical for decision-making and uniquely human traits. With other tools in the collection, scientists can better study individual cells and communication pathways known to be affected in several neurological diseases. These include seizure disorders, ALS, Parkinson’s disease, Alzheimer’s disease, and Huntington’s disease – as well as various neuropsychiatric conditions.
    AAV-based treatments are already approved for some conditions, such as spinal muscular atrophy for which a 2016 approval of a gene therapy known as Zolgensma transformed the lives of infants and young children who once faced severe disability or early death. The new collection of gene delivery resources lays the groundwork for more precise treatments that target only affected cells in the brain, spinal cord, or brain blood vessels.
    The toolkit is available at distribution centers including Addgene, a global supplier of genetic research tools. This collection of publications offers researchers standard operating procedures and user guides for these tools.
    The work is supported by the NIH’s Brain Research Through Advancing Innovative Neurotechnologies® Initiative, or The BRAIN Initiative®. Funding issued less than four years ago launched a large-scale, team-run project to design new molecular tools that can be useful to many research laboratories. The Armamentarium for Precision Brain Cell Access aims to develop precise and reproducible access to cells and circuits in experimental research models of the brain and spinal cord. The large-scale project brings together experts in the field of molecular biology, neuroscience, and artificial intelligence (AI). The eight papers appear in the May 21 issue of the journals Neuron, Cell, Cell Reports, Cell Genomics, and Cell Reports Methods.
    Grants: UF1MH130701, UH3MH120096, U24MH133236, UF1MH128339, UM1MH130981, R01MH123620, U19MH114830, P510D010425, U420D011123, S10MH126994, UH3MH120094, UF1MH130881, F30DA053020, R01FD007478, U01AG076791, R35GM127102, RF1MH114126, UH3MH120095, RF1MH121274, R01MH113005, UH3MH120095
    The Brain Research Through Advancing Innovative Neurotechnologies® Initiative and The BRAIN Initiative® are registered trademarks of the U.S. Department of Health and Human Services.
    The NIH BRAIN Initiative, a multidisciplinary collaboration across 10 NIH Institutes and Centers, is uniquely positioned for cross-cutting discoveries in neuroscience to revolutionize our understanding of the human brain. By accelerating the development and application of innovative neurotechnologies, The BRAIN Initiative® is enabling researchers to understand the brain at unprecedented levels of detail in both health and disease, improving how we treat, prevent, and cure brain disorders. The BRAIN Initiative involves a multidisciplinary network of federal and non-federal partners whose missions and current research portfolios complement the goals of The BRAIN Initiative. 
    About the National Institutes of Health (NIH): NIH, the nation’s medical research agency, includes 27 Institutes and Centers and is a component of the U.S. Department of Health and Human Services. NIH is the primary federal agency conducting and supporting basic, clinical, and translational medical research, and is investigating the causes, treatments, and cures for both common and rare diseases. For more information about NIH and its programs, visit www.nih.gov.
    NIH…Turning Discovery Into Health®

    ###

    MIL OSI USA News –

  • MIL-OSI Africa: Afreximbank reports strong performance for Q1 2025 in line with expectations

    Source: Africa Press Organisation – English (2) – Report:

    Afreximbank reports strong performance for Q1 2025 in line with expectations The Group posted strong Net Income of US$215 million, a 21% increase year-on-year from US$178 million in the prior period CAIRO, Egypt, May 21, 2025/APO Group/ — African Export-Import Bank (“Afreximbank” or the “Group”) (www.Afreximbank.com) has released the consolidated financial statements of the Bank and its subsidiaries for the three months ended 31 March 2025. Financial Highlights Afreximbank Group delivered satisfactory financial performance for the first quarter of 2025, meeting expectations with solid profitability, strengthened liquidity and a resilient capital base. This performance provides a springboard for the Bank to continue playing its pivotal role of advancing the aspirations of Africa and the Caribbean for economic transformation and sustainable development in the months and years ahead. Net interest income grew by 4.53% to US$411.2 million compared to prior year, driven by growth in interest earning assets, complemented by effective management of borrowing costs, helping the Bank to cushion the marginal decline in total interest income due to softening benchmark rates. Fee income from Guarantees and Letters of Credit saw robust growth of 47% and 36% respectively, partially offsetting lower advisory fees to contribute to total unfunded income of US$26.9 million for Q1-2025. While this represented a 7.41% decrease from US$29.0 million in Q1 2024, the strong performance in Off-balance sheet assets is in line with the Bank’s strategy to grow unfunded business. The Group posted strong Net Income of US$215 million, a 21% increase year-on-year from US$178 million in the prior period. The Group’s total assets and contingent liabilities increased by 6.4%, reaching US$42.7 billion as of 31 March 2025, up from US$40.1 billion at FY’2024. On-balance sheet assets grew by 4.85% to US$37.0 billion, driven primarily by a 58% surge in cash balances to US$7.4 billion, while Off-balance sheet assets i.e. letters of credit and guarantee volumes increased by a 19% to reach US$5.7 billion at the end of Q1-2025. Net loans and advances closed Q1-2025 at US$27.8 billion, down from the FY2024 closing position reflecting early repayments from certain customers on account of improved foreign currency balances position of some sovereign borrowers. Importantly, the Loan Asset Quality remained strong, with the Non-Performing Loans (NPL) ratio at 2.44%, a modest increase from 2.33% at FY’2024 – well below the Bank’s strategic NPL ceiling of 4%. Driven by inflationary pressures and growing personnel costs, operating expenses rose by 23% to reach US$75.4 million by 31 March 2025. Despite this, Afreximbank Group maintained a healthy Cost-to-Income Ratio of 16%, below its strategic range of 17-30%. Afreximbank’s liquidity profile strengthened considerably, with liquid assets now comprising 20% of total assets, up from 13% at the close of FY’2024. This higher liquidity position was as a result of successful fund-raising, coupled with loan repayments received during the quarter. Shareholders’ funds increased by 3.4%, reaching US$7.5 billion, driven by strong internally generated capital of US$215.4 million in addition to new equity investments under the second General Capital Increase (GCI II) programme. Operating Highlights In line with the Afreximbank strategic objective of driving Industrialisation and export development, the Bank and the Government of Kenya ratified a number of initiatives designed to support the development Industrial Parks (IPs) and Special Economic Zones (SEZs) in Kenya under the US$3 billion Kenya country programme. These projects which include Dongo Kundu Industrial Park in Mombasa and Naivasha SEZ II in Mai Mahiu, are key components of Kenya’s Vision 2030 plan to boost export manufacturing and industrialisation. Afreximbank’s support for these initiatives will specifically enhance infrastructure development, attract investment, and strategically position Kenya as a key hub for African and global commerce. The rollout of the Pan-African Payments and Settlement System (PAPSS) continues to gain momentum with KCB Group in Kenya and Bank of Kigali in Rwanda launching the platform, becoming the first banks in their respective countries to offer seamless, instant, and affordable cross-border payments in local currencies across Africa. Aligned with its mandate to promote Global Africa following the recognition of the African Diaspora as the 6th region of Africa, the Bank further cemented its expansion and presence in the Caribbean with the historic groundbreaking ceremony to kick off the construction of the first ever Afreximbank African Trade Centre (AATC) outside of Africa in Bridgetown, Barbados. AATC Barbados will also host its regional office. The Barbados AATC is an authentic icon of trade embodying the ambition, resilience, and influence of leading commercial cities in Africa and the Caribbean that serve as dynamic focal points for commerce, fostering regional and global trade connections, and is expected to enhance intra-and extra-African trade, with a focus on countries of the Global South. Mr. Denys Denya, Afreximbank’s Senior Executive Vice President, commented: “Our QI 2025 results, which were in line with expectations, reflected a strong and resilient financial performance, notwithstanding continued macroeconomic challenges. With solid profitability growth, a strengthened liquidity position, and a well-capitalised balance sheet, the Group is firmly positioned to continue playing a pivotal role in advancing the aspirations of Africa and the Caribbean for economic transformation and sustainable development.” Highlights of the results for the Group are shown below:

    Income statement Financial Metrics

    Q1-2025

    Q1-2024
    Gross Income (US$ million)

    784.9

    753.8
    Operating Income (US$ million)

    474.2

    423.5
    Net Income (US$ million)

    215.4

    178.7
    Return on average assets (ROAA)

                2.38%

    2.19%
    Return on average equity (ROAE)

    12%

    12%
    Cost-to-income ratio

    16%

    15%
    Balance sheet financial metrics

    Q1-2025

    FY-2024
    Total Assets (US$ billion)

    37.0

    35.3
    Total Liabilities (US$ billion)

    29.5

    28.1
    Shareholders’ Funds (US$ billion)

    7.5

    7.2
    Net asset value per share (US$)

    71,671

    69,695
    Non-performing loans ratio (NPL)

    2.44%

    2.33%
    Cash/Total assets

    20%

    13%
    Capital Adequacy ratio (Basel II)

    26%

    24%

    Distributed by APO Group on behalf of Afreximbank. Media Contact: Vincent Musumba Communications and Events Manager (Media Relations) Email: press@afreximbank.com Follow us on: X: https://apo-opa.co/43pfUK5  Facebook: https://apo-opa.co/43uKQbW  LinkedIn: https://apo-opa.co/4jhrbSL  Instagram: https://apo-opa.co/43DKyk2 About Afreximbank: African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2024, Afreximbank’s total assets and contingencies stood at over US$40.1 billion, and its shareholder funds amounted to US$7.2 billion. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa1), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB). Afreximbank has evolved into a group entity comprising the Bank, its equity impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, “the Group”). The Bank is headquartered in Cairo, Egypt. For more information, visit: www.Afreximbank.com Forward-Looking Statements: The Bank makes written and/or oral forward-looking statements, as shown in this presentation and in other communications, from time to time. Likewise, officers of the Bank may make forward-looking statements either in writing or during verbal conversations with investors, analysts, the media, and other key members of the investment community. Statements regarding the Bank’s strategies, objectives, priorities, and anticipated financial performance for the year, constitute forward-looking statements. They are often described with words like “should”, “would”, “may”, “could”, “expect”, “anticipate”, “estimate”, “project”, “intend”, and “believe”. By their very nature, these statements require the Bank to make assumptions that are subject to risks and uncertainties, especially uncertainties related to the financial, economic, regulatory, and social environment within which the Bank operates. Some of these risks are beyond the control of the Bank and may make actual results that are obtained to vary materially from the expectations inferred from the forward-looking statements. Risk factors that could cause such differences include regulatory pronouncements, credit, market (including equity, commodity, foreign exchange, and interest rate), liquidity, operational, reputational, insurance, strategic, legal, environmental, and other known and unknown risks. As a result, when making decisions with respect to the Bank, we recommend that readers apply further assessment and should not unduly rely on the Bank’s forward-looking statements. Any forward-looking statement contained in this presentation represents the views of management only as of the date hereof and they are presented for the purpose of assisting the Bank’s investors and analysts to understand the Bank’s financial position, strategies, objectives, priorities, anticipated financial performance in relation to the current period, and, as such, may not be appropriate for other purposes. The Bank does not undertake to update any forward-looking statement, whether written or verbal, that may be made from time to time, by it or on its behalf, except as required under applicable relevant regulatory provisions or requirements.

    Text copied to clipboard.

    MIL OSI Africa –

  • MIL-OSI Russia: Chinese, ASEAN ministers call for expanded bilateral trade and economic cooperation

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    BEIJING, May 21 (Xinhua) — The ministers of economy and trade of China and the Association of Southeast Asian Nations (ASEAN) have called for deepening bilateral economic and trade cooperation to counter negative uncertainties. The call was made at a special meeting of China-ASEAN ministers of economy and trade held via video link on Tuesday.

    As Chinese Commerce Minister Wang Wentao noted during the meeting, China is willing to work with ASEAN to maintain the stable and smooth operation of global industrial and supply chains, make greater contributions to promoting the development and rise of both sides, and safeguarding international fairness and justice.

    Wang Wentao recalled that recently some economies have been abusing so-called “mirror duties” and engaging in economic bullying, which has seriously undermined the international trade system and introduced a high degree of uncertainty into the global economy. Such practices do not comply with economic rules and violate market principles, the head of the Ministry of Commerce of the People’s Republic of China stated.

    During the meeting, the ministers called for collective action to defend the multilateral trading system and free trade, as well as for the effective use of the World Trade Organization mechanisms to establish constructive contacts, find joint solutions and address concerns in global trade.

    ASEAN Secretary-General Kao Kim Horn said all parties should cooperate with a forward-looking approach, firmly uphold openness and inclusiveness, and continuously promote regional economic integration.

    He expressed hope that ASEAN and China can deepen their partnership, achieve high-quality common development, promote cooperation in areas such as smart manufacturing, and strengthen connectivity and green transformation.

    Following the meeting, a joint statement was issued reaffirming China and ASEAN’s position on economic exchanges and challenges to the global economy.

    China and 10 ASEAN countries have completed negotiations to upgrade the China-ASEAN Free Trade Area to version 3.0, the Ministry of Commerce said on Wednesday. –0–

    MIL OSI Russia News –

  • MIL-OSI United Nations: 21 May 2025 Departmental update Technical paper on economic and commercial determinants of health in Small Island Developing States

    Source: World Health Organisation

    This groundbreaking technical paper is informed by and supports the effort by Small Island Developing States (SIDS) to tackle the economic and commercial determinants of health—as set out in the 2023 Bridegtown Declaration. In particular, the paper addresses the challenges and opportunities for SIDS in addressing the economic and commercial determinants of noncommunicable diseases, mental health conditions, injuries and violence.

    Titled “Economic and commercial determinants of health in Small Island Developing States: noncommunicable diseases, mental health conditions, injuries and violence,” the paper was unveiled during an official side event at the 78th World Health Assembly focusing on the upcoming UN High-Level Meeting on NCDs and Mental Health.

    The technical paper is the first comprehensive analysis examining how commercial determinants specifically impact health outcomes in SIDS, identifying both challenges and opportunities for intervention.

    Key findings

    The paper reveals several critical common and shared vulnerabilities of SIDS which underpin their economic and commercial determinants of health.:

    • Power imbalances: Due to small populations and limited human and financial resources, SIDS face disproportionate pressure from multinational commercial actors
    • Less diversified economies: Many SIDS rely heavily on sectors centered on potentially health-harming products.
    • Dependence on external supply: Import dependency leaves SIDS susceptible to market fluctuations and disadvantageous trade agreements
    • Interconnected challenges: Climate change, food insecurity and harmful commercial practices compound leading to health harms.

    Recommendations

    The paper outlines five key opportunity areas for addressing economic and commercial determinants of health in SIDS:

    • Creating policy environments that enable health through measures such as taxation of health-harming products as well as regulation of commercial practices such as harmful marketing
    • Safeguarding against conflicts of interest through transparent and coordinated governance mechanisms
    • Empowering community participation in governance for health
    • Strengthening governance for commercial determinants in development approaches
    • Investing in SIDS-SIDS and triangular cooperation

    As Dr Etienne Krug, Director of WHO’s Social Determinants of Health Department, notes in the paper’s foreword: “Tackling the commercial determinants of health in SIDS includes action to support shifting businesses from health-harming to health-promoting practices, addressing power imbalances between public sectors and commercial actors, regulating harmful commercial practices, and improving underlying systems.”

    Building on momentum

    The paper builds on the 2023 Bridgetown Declaration on NCDs and Mental Health, providing a technical foundation for implementing the roadmap established at the SIDS Ministerial Conference in Barbados.

    This paper comes as the Bridgetown Declaration’s importance moves beyond SIDS: it provides the momentum and path forward as the world approaches the Fourth High-Level Meeting. In the same way that the 2007 Declaration of Port-of-Spain on Uniting to Stop the Epidemic of Chronic NCDs is credited with building momentum for the first UN high-level meeting on NCDs in 2011 and its transformation of the NCD response, the 2023 Bridgetown Declaration promises to be a catalyst for the rebirth of the response to NCDs and mental health.

    “The time for action is now,” the technical paper concludes, calling for collaborative efforts between SIDS governments, communities, and international partners to develop integrated approaches that prioritize well-being, embrace Indigenous knowledge, and support health-aligned local businesses.

    WHO will continue supporting SIDS and all countries through technical assistance, capacity-building and fostering a global community of practice on commercial determinants of health to protect health, promote wellbeing and save lives.

    MIL OSI United Nations News –

  • MIL-OSI USA: Attorney General James and 38 Attorneys General Urge Congress to Preserve Access to Health Care for 9/11 Responders and Survivors

    Source: US State of New York

    EW YORK – New York Attorney General Letitia James today led a coalition of 38 other attorneys general in urging Congress to take immediate action to address the impending funding crisis threatening the World Trade Center Health Program (WTCHP), a lifeline for more than 135,000 first responders, survivors, and families impacted by the September 11, 2001 terrorist attacks. In a letter to congressional leadership, Attorney General James and the coalition called for urgent legislative action to ensure the long-term financial stability of the WTCHP, which is projected to face a devastating funding shortfall as early as next year.

    “For nearly 15 years, the WTC Health Program has provided life-saving care to the men and women who rushed toward danger to protect others in the wake of 9/11,” said Attorney General James. “Now, they face a new crisis – the possibility of being denied the medical care they so desperately need and deserve. We owe it to these heroes to keep our promise to them. Congress must honor their sacrifice and act now to prevent catastrophic cuts to this bipartisan, life-saving program, ensuring that these first responders and survivors continue to receive the care they need.”

    Established by Congress under the James Zadroga 9/11 Health and Compensation Act of 2010, WTCHP provides free medical care, monitoring, and treatment to more than 135,000 Americans living with 9/11-related health conditions. Patients served by WTCHP include survivors, first responders, and people who lived or worked near the World Trade Center in lower Manhattan, near the Pentagon, or near the Shanksville, Pennsylvania crash site, as well as those who participated in rescue, recovery, and cleanup efforts. Authorized by Congress through 2090, WTCHP provides care through clinics in the New York metropolitan area and a nationwide provider network that spans all 50 states.

    In the letter, Attorney General James and the coalition write that WTCHP has been an essential resource for fifteen years for Americans exposed to toxic dust and debris following the collapse of the Twin Towers. The attorneys general note that patients include firefighters, law enforcement officers, EMTs, construction workers, volunteers, and community members who were present in the aftermath – many of whom are now suffering from chronic respiratory illnesses, cancers, mental health conditions, and other serious illnesses directly linked to their exposure.

    The attorneys general argue that despite being reauthorized in 2015 and 2019 with overwhelming bipartisan support, the program now faces a severe funding shortfall that could result in the denial of care to thousands of current and future enrollees. The program is authorized to run until 2090, but the attorneys general contend that the far-off date is essentially meaningless if the program is not funded during that period.

    In the letter, Attorney General James and the coalition argue that WTCHP’s funding gap is driven by increasing demand for specialized care, as more survivors and first responders are diagnosed with 9/11-related illnesses each year. They note that approximately 400,000 people were exposed to the toxic air around Ground Zero, and though only a third of that group are currently enrolled in the program, many first responders and survivors are still getting sick at an alarming rate.

    The attorneys general contend that increased demand for services and treatment means that current funding levels are simply not enough for this country to keep its commitment to 9/11 heroes. Without additional funding, waitlists could grow, medical providers may be forced to cut back services, and the program could be unable to accept new enrollees – many of whom are only now receiving diagnoses for conditions directly linked to their exposure.

    Attorney General James and the coalition are calling on Congress to act swiftly and decisively to ensure WTCHP has the full funding it needs. The attorneys general strongly urge Congress to enact legislation that will both address the WTCHP funding shortfall and provide the financial stability necessary for the program to serve current and future enrollees.

    Joining Attorney General James in sending this letter are the attorneys general of California, Colorado, Connecticut, Delaware, Hawaii, Illinois, Iowa, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming, American Samoa, the District of Columbia, the Northern Mariana Islands, and the U.S. Virgin Islands. 

    This is the latest action Attorney General James has taken in her effort to protect the critical World Trade Center Health Program. On May 8, Attorney General James hosted a Community Impact hearing and spoke with Tom Hart, a 9/11 responder, President of the Citizens for The Extension of the James Zadroga Act, and a leader in protecting and extending benefits to 9/11 survivors and their families. On May 5, Attorney General James led a lawsuit to stop the dismantling of the U.S. Department of Health and Human Services, including WTCHP which is facing catastrophic cuts to staff and operating capacity. On April 2, Attorney General James successfully pressured the administration into reinstating the WTCHP director after he was unjustly terminated, throwing the entire program into jeopardy and in February, following reports of significant staff cuts at federal health programs including WTCHP, Attorney General James and others immediately expressed outrage, after which the administration moved to temporarily reverse the staffing cuts.

    MIL OSI USA News –

  • MIL-OSI: No Credit Check Loans: Small Payday & Emergency Loans from Direct Lenders for Bad Credit – ( Guaranteed Approval Loans ) – HonestLoans

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, May 21, 2025 (GLOBE NEWSWIRE) —

    Are you in search of funds but concerned about your credit history? No credit check loans may be just the thing for you. No credit check loans are specially crafted for those who have bad credit history or do not wish to have their credit score impacted by hard inquiries. In this detailed guide, we will cover all you want to know about no credit check loans and why HonestLoans is the finest option in this field.

    Why HonestLoans Is The Best Option For No Credit Check Loans

    In the case of no credit check loans, Honest Loans beats other options for several reasons. With a huge network of reliable direct lenders, Honest Loans makes sure that borrowers find themselves connected with lenders who have expertise in offering loans without conventional credit checks.

    Honest Loans provides:

    • Easy and quick application process
    • High approval rates for all credit histories
    • Transparent fee structure with no hidden fees
    • Rapid funding, usually within 24 hours or shorter
    • Multiple loan options to cater to different financial situations

    Unlike most other loan-matching services, HonestLoans values customer satisfaction and financial health, earning them the top preference for acquiring a loan with no credit check from a direct lender.

     <<< Get Your Emergency Loan Today – No Credit Check, Guaranteed Approval with HonestLoans>>>

    Understand No Credit Check Loans | Loans Without Credit Checks, Guaranteed Approval From Direct Lender

    What Is A No Credit Check Loan?

    A no credit check loan is a product where the lender will not do a standard “hard pull” of your credit history at the time of application. Rather than considering your credit score, lenders consider other items like:

    • Current income level
    • Job stability
    • Bank account status and activity
    • Debt-to-income ratio
    • Alternative data points

    These loans are tailored for borrowers with bad credit records, thin credit histories, or who do not wish to incur further hard inquiries on their credit reports.

    What Kind Of Loans Don’t Need A Credit Check?

    A number of loan types usually don’t need traditional credit checks:

    • Payday Loans: Short-term, high-interest loans based on your pay
    • Title Loans: Secured loans using your car as collateral
    • Pawn Shop Loans: Secured loans tied to the value of things you lend temporarily
    • Some Installment Loans: More long-term loans with fixed installments that emphasize income verification
    • Cash Advances: Short-term loans against future income or available credit card limits
    • Some Personal Loans: Some alternative lenders provide personal loans without credit checks

    Each of these types of loans has its own merits, needs, and cost factors. HonestLoans allows the borrower to know which type is the best for their own particular financial circumstances.

     <<>>

    How Do Loans With No Credit Check Work?

    No credit check loans are different from bank loans:

    • Application: Fill out simple personal and financial details on the internet via sites such as HonestLoans
    • Verification: Your identity, income, and banking details are confirmed by lenders
    • Alternative Assessment: Rather than credit checks, lenders consider such things as income stability and banking history
    • Approval Decision: Be given a lending decision, often in minutes
    • Loan Agreement: Sign off and agree to the loan terms and conditions
    • Funding: Get paid through direct deposit, often within one business day or sooner

    The whole process is intended to be fast and accessible, particularly for people who could be denied such traditional banking services as a result of credit history problems.

    1 Hour Payday Loans Online No Credit Check Instant Approval From HonestLoans

    For emergency financial needs, 1 hour payday loans provide a savior. HonestLoans puts you in touch with lenders that offer instant approval—at times in under an hour.

    Main features of HonestLoans

    HonestLoans is unique in the no credit check loans market with a number of key features:

    • Friendly Platform
    • 256-bit Encryption
    • Free Service
    • Extensive Lender Network
    • Clear Process
    • Educational Content
    • Good Customer Support
    • Fast Results
    • 24/7 application availability
    • Real-time matching with direct lenders
    • Funds paid through ACH or prepaid card
    • No paperwork or faxing
    • Minimal documentation – ID and proof of income

    These elements work together to provide a hassle-free borrowing process that ranks your financial security and needs first.

     <<< Need Fast Cash for an Emergency? Get a No Credit Check Loan Today from HonestLoans>>>

    How HonestLoans’ Direct Lender Network Ensures No Denial Loans without credit checks

    In contrast to conventional financial institutions, HonestLoans utilizes a direct lender network that focuses on bad credit and no credit profiles. This decreases the possibility of rejection by matching you with a lender who can accommodate your individual financial profile.

    Why Honestloans Provides Guaranteed Approval Payday Loans Without Credit Check For Bad Credit?

    Although no loan is technically “guaranteed,” HonestLoans increases your chances of approval by:

    • Soliciting non-hard credit checks
    • Sourcing alternative income verification
    • Skipping conventional underwriting models
    • Offering alternatives for self-employed and part-time employees

    Advantages Of Using HonestLoans for Emergency Loans For Bad Credit

    In the event of a financial emergency with poor credit, Honest Loans provides several benefits:

    • Easy application process
    • Good approval rating for bad credit customers
    • Rapid funding, in some cases within 1 hour
    • No collateral needed
    • Clear loan terms

    These advantages make Honest Loans an ideal option for anyone in need of emergency funding irrespective of credit issues.

     <<>>

    HonestLoans’ Application and Funding Process – 1 Hour Payday Loans Online No Credit Check Instant Approval

    HonestLoans simplifies the loan process to obtain funds in the shortest time possible:

    • Go to the Honest Loans website
    • Complete the application form (around 3 minutes)
    • Compare lender deals
    • Digitally agree to terms
    • Fund received in as fast as 60 minutes

    This streamlined process allows borrowers in emergency situations to obtain funds when they are most in need, without delay or burdensome paperwork.

    Various Alternatives Provided for for Small Payday Loans Online With No Credit Check By HonestLoans

    HonestLoans provides borrowers with a range of small loan alternatives, including:

    • Traditional Payday Loans
    • Installment Payday Loans
    • Tribal Loans
    • Flex Loans
    • Cash Advances
    • Bad Credit Personal Loans
    • Paycheck Advances
    • $100 – $500 loans
    • Weekly or biweekly payment plans
    • Optional rollover or extended terms

    This diversity of loan offerings allows borrowers to locate the particular loan product which most closely matches their individual financial profile and repayment capabilities.

     <<< HonestLoans Has You Covered – Get Direct Lender Emergency Loans with No Credit Checks>>>

    Honest Loans’s No Credit Check Options vs. Traditional Loans

    HonestLoans offers a faster, easier option to banks, especially if you have bad credit.

    Let’s compare the important aspects:

    • Credit: Banks always pull credit. HonestLoans does not, so it’s easier to qualify.
    • Speed: Bank loans take days to receive. HonestLoans approves and deposits your loan within the hour.
    • Eligibility: Banks require good credit and a steady job. HonestLoans considers your income, number of active bank accounts, and not credit history.
    • Loan Amounts: Bank loans are large loans with long repayment terms. HonestLoans offers $100-$1000 short-term loans (today).
    • Application: Bank loan applications take forever. HonestLoans is online and takes minutes to complete.

    HonestLoans is the more convenient option if you want quick, easy financing when traditional financing is not available.

    Features And Benefits Of No Credit Check Loans With Guaranteed Approval From Direct Lender

    No credit check guaranteed approval loans provided by direct lenders possess various important features and advantages that benefit many borrowers:

    Important Features:

    • Direct funding source with no intermediaries
    • Streamlined application process
    • Income-focused instead of credit-based
    • Transparency in fee structure
    • Fast funding term
    • Simple repayment terms

    These features and advantages come together to produce a financial product that benefits those who are usually skipped by conventional banking organizations.

     <<< Bad Credit? No Problem – Get Quick, Hassle-Free Loans from HonestLoans Today>>>

    Eligibility Criteria for Loans Without Credit Check For Borrowers With Poor Credit History

    Although no credit check loans are easier to obtain than regular loans, borrowers must still satisfy basic criteria:

    • Regular Income: Regular source of income (job, benefits, etc.)
    • Active Bank Account: Active check account in good standing for receiving loan funds
    • Age Requirement: At least 18 years old (19 in certain states)
    • Identification: Valid government-issued photo ID
    • Contact Information: Current phone number and email address
    • Residency: U.S. citizenship or permanent residency
    • No Outstanding Payday Loans: Previous payday loans need to be paid in full

    Satisfying these conditions also greatly enhances your chances of loan approval even with bad credit history. HonestLoans cooperates with lenders who are more interested in these factors than with conventional credit scores.

    Various Types of Emergency Loans | Instant Payday Loans For Bad Credit No Credit Check

    Personal Loans

    Bad credit personal loans are unsecured loans with the following characteristics:

    • Amounts ranging from $500 to $5,000
    • Payback periods ranging from months to years
    • Fixed rates and consistent payments
    • Funds used for any expense
    • Possible reporting to credit bureaus to establish or rebuild credit

    Credit Card Cash Advances

    Cash advances permit borrowing against available credit card lines:

    • Instant access via ATMs or banks
    • No separate application process
    • Available up to your cash advance limit
    • Higher interest rates than standard purchases
    • Additional cash advance fees typically apply

      <<< Get Your Emergency Loan Today – No Credit Check, Guaranteed Approval with HonestLoans>>>

    Payday Loans

    Payday loans are short-term loans due on your next payday:

    • Typically $100 to $1,000
    • Very short terms (2-4 weeks)
    • Higher interest rates
    • Simple qualification requirements
    • Fast funding (same-day or next-day)
    • Based primarily on income verification

    Title Loans

    Title loans use your vehicle as collateral:

    • Loan amount based on vehicle value (25-50%)
    • Must own vehicle outright
    • Continue driving while repaying
    • Higher loan amounts than unsecured options
    • Longer repayment terms possible
    • Risk of vehicle repossession if unable to repay

    Paycheck Advances

    Paycheck advances offer early access to wages earned:

    • Access portion of wages prior to payday
    • Lower fees than regular payday loan
    • Often through employer program or app
    • Repayment automatically taken from paycheck
    • No credit check needed
    • Limited to amount already earned

      <<>>

    Urgent Loans For Bad Credit: How Long Does It Take to Get Approved?

    With bad credit, timing is everything when dealing with a financial emergency. Here’s what the approval timeframe looks like:

    • Application: 5-10 minutes to finish
    • Initial Decision: Typically instant to 15 minutes
    • Documentation Verification: 1-24 hours
    • Final Approval: As fast as 1 hour, usually within 24 hours
    • Funding: Some lenders provide 1-hour funding, others 24 hours

    HonestLoans partners with lenders who value speed, with most providing same-day approval and financing for approved borrowers.

    Payday Loans Online No Credit Check Instant Approval

    No credit check payday loans online with instant approval have transformed emergency lending by not only making the process quicker and more convenient than ever but also allowing us to disburse funds faster.

    Schedule for Quick Loans No Credit Check Disbursement

    Standard fund disbursement schedule:

    • Same Business Day: Applications received prior to 10:30 AM
    • Next Business Day: Applications received after cut-offs
    • Weekend Requests: Typically processed Monday (weekend funding provided by some lenders)
    • Bank Processing: Depends on the bank

    1 Hour Payday Loans Online No Credit Check Instant Approval

    For the quickest funding, the process is as follows:

    • Fill out HonestLoans’ quick application
    • Get instant pre-qualification
    • Send verification documents online
    • Get final approval, usually in minutes
    • Get funds via expedited bank deposit

      <<< Need Fast Cash for an Emergency? Get a No Credit Check Loan Today from HonestLoans>>>

    $255 Payday Loans Online Same Day

    These typical small loans provide:

    • Protection for small emergency costs
    • Simpler qualification terms
    • Faster approval process
    • Same-day funding when applied early
    • Less intimidating repayment amounts

    Pros and Cons of No Credit Check Loans

    As with any financial product, no credit check loans have benefits and drawbacks that are worth considering by the borrower.

    Pros:

    • Available to bad credit holders
    • Rapid application and funding
    • Low documentation needed
    • No hard credit checks
    • For use in multiple kinds of emergencies
    • Can prevent late charges or disconnection of services

    Cons:

    • Increased interest and fees
    • Repayment periods are shorter
    • Risk of debt cycle trap
    • May not establish credit if not reported
    • Smaller loan amounts than traditional ones
    • Predatory lenders exist in the industry

    Some predatory lenders target susceptible borrowers (that is why operations like HonestLoans are worth it)

    No Credit Check Loan Scenario in the USA

    The business landscape consists of:

    • Around 12 million Americans utilize payday loans every year
    • More than 23,000 payday lenders have business in the country
    • State laws differ significantly
    • Online lending opened up access beyond locations
    • Average payday loan amount is roughly $375

    HonestLoans operates within this environment by matching borrowers with solid lenders that work within regulations while ensuring fair terms.

      <<>>

    Alternatives to Small Payday Loans Online No Credit Check and Urgent Loans No Credit Check

    Alternatives to mainstream small payday loans:

    • Installment Microloans: Smaller loans with several payments
    • Cash Advance Apps: Mobile apps for wage advances
    • Credit Union Payday Alternative Loans: Less expensive alternatives
    • Small Personal Loans: Mainstream lenders with less restrictive requirements
    • Family and Friend Loans: Private loan sources

    $500 Cash Advance No Credit Check Loans

    The $500 cash advance is in demand because it:

    • Pays for most typical emergencies
    • Provides affordable payment sizes
    • Is easily accessible from many lenders
    • Typically offers same-day loans
    • Usually asks for $1,000-$1,500 monthly income

    Emergency Loans No Credit Check

    Emergency no credit check loans assist when:

    • Medical conditions need to be paid immediately
    • Car repairs are necessary for work commute
    • Repairs for the home are needed for safety
    • Critical utilities threaten disconnection
    • Other immediate needs loom in the financial future

    Some Risk-Free Alternatives to No Credit Check Loans

    Although no credit check loans have a valuable function, customers should think about these likely lower-cost options:

    Secured Loans

    Secured loans employ collateral to limit lender risk:

    • Less than unsecured rates
    • More available amount of money
    • Longer time to repay
    • Access through traditional credit unions and banks
    • Possibility of losing collateral if cannot repay

      <<< Need Fast Cash for an Emergency? Get a No Credit Check Loan Today from HonestLoans>>>

    Credit Unions

    Credit unions tend to be more flexible in lending:

    • Member-oriented approach
    • Payday Alternative Loans with caps on lower rates
    • More individualized assessment
    • Financial literacy tools
    • Opportunity to develop positive relationships
    • Demand membership (typically with small fees)

    Peer-to-Peer Lending

    P2P websites bring borrowers together with individual investors:

    • Consider non-credit score factors
    • Competitive rates for most borrowers
    • Flexible qualification
    • Transparent fee practices
    • Diverse loan amounts and durations
    • Easier application process

      <<< HonestLoans Has You Covered – Get Direct Lender Emergency Loans with No Credit Checks>>>

    What Are the Risks of No Credit Check Loans?

    No credit check borrowers must be aware of some possible dangers:

    • Exorbitant prices (interest rates and fees)
    • Short payment periods putting pressure
    • Possible cycles of debt
    • Predatory lenders preying on vulnerable borrowers
    • Differing state laws and consumer protections
    • Limited opportunity to build credit
    • Access to bank account for automatic debit

    Engaging in reputable services such as HonestLoans reduces these risks by linking borrowers with responsible lenders.

    How to Apply for No Denial Payday Loans Direct Lenders Only With No Credit Check?

    The process of application for no denial payday loans by direct lenders is simple:

    1. Gather Required Information:

    • Government ID
    • Proof of income
    • Active checking account info
    • Social Security Number
    • Contact details

    2. Select a Reputable Platform:

    • HonestLoans matches you with reliable direct lenders
    • Free service with no obligation
    • Personal info is secure using encryption

    3. Complete Application:

    • Enter personal and financial information
    • Enter amount of loan desired
    • Enter employment details
    • Enter banking information for funds transfer

    4. Review Offers:

    • Compare offers from various lenders
    • Watch for APR, fees, and terms of repayment
    • Look for hidden fees

    5. Accept Loan Terms:

    • Read the whole loan contract
    • Have questions answered about anything that is unclear
    • E-sign the contract

    6. Receive Funds:

    • Direct deposit into your bank account
    • Funding times from 1 hour to 1 business day

    Why Go For No Credit Check Loans?

    These loans serve important purposes:

    • Perfect for those with damaged credit histories
    • Faster than traditional loans during emergencies
    • Simple online application available 24/7
    • Accessible to those excluded from traditional banking
    • Private way to handle financial challenges
    • Avoid hard inquiries that damage credit scores
    • Bridge financial gaps between paychecks
    • Address urgent situations without delay

    How to Find a Reputable No Credit Check Loan Direct Lender?

    Search for lenders with:

    • Transparent fee terms and clear charges
    • Regulatory compliance
    • Good customer feedback
    • Secure sites (https)
    • Solid history
    • Membership in industry associations
    • Educational materials
    • No charges upfront

    Steer clear of lenders displaying:

    • Guaranteed approval with no conditions
    • High-pressure tactics
    • Sneaky charges or ambiguous charges
    • No address or contact information
    • Requests for unconventional payment options
    • Very high interest charges

    HonestLoans pre-screens their network of direct lenders to guarantee they are held to high standards for good lending practices.

    Where to Find The Best No Denial Payday Loans From Direct Lenders Only With No Credit Check?

    When looking for no denial payday loans from direct lenders with no credit checks, HonestLoans is the best choice for a variety of reasons:

    • Large lender pool boosting chances of approval
    • Vigorous lender screening guaranteeing ethical practices
    • No-charge service with no platform fee
    • Bank-level protection safeguarding your data
    • Easy application process
    • Educational materials to make informed decisions
    • Friendly customer support
    • Clear terms prior to commitment

      <<< Need Fast Cash for an Emergency? Get a No Credit Check Loan Today from HonestLoans>>>

    Final Words

    No credit check loans offer useful money solutions to persons with credit issues or crises that have to be addressed immediately. Although loans do generally incur more expense compared to conventional lending, they play a necessary role in the financial system by making available funds to persons who would otherwise have no alternative.

    For individuals requiring rapid access to funds without the usual credit checks, HonestLoans provides a trusted, secure portal linking borrowers directly with established direct lenders. Transparency, security, and customer education are their top priorities, and for this reason, they are the best in the no credit check loan market.

    Frequently Asked Questions

    Can I borrow money without a credit check?

    Yes, many online lenders such as HonestLoans offer loans based on your income rather than your credit score.

    Which loan does not require a credit check?

    Payday loans, cash advances, and certain personal installment loans typically don’t involve a credit check.

    How to get instant loan 50000 with low CIBIL score?

    Try to apply with lenders who consider income over credit history or opt for secured loans like HonestLoans.

    What is the easiest loan to get with no credit?

    Cash loans or payday loans are typically the quickest if you have no credit history.

    How can I get a loan in 1 hour?

    Search for lenders online such as HonestLoans that provide fast approvals and can make transfers in an hour.

    Can I get a loan with a 450 credit score in USA?

    Yes, your best option would be no credit check lenders or those who take other factors into consideration such as your income.

    Media Details:

    www.honestloans.net

    • Company: Honest Loans
    • Phone: 888-718-9134
    • Email: support@onlineloannetwork.com

    Attachment

    The MIL Network –

  • MIL-OSI Africa: Infrastructure investment aimed at propelling SA’s future

    Source: South Africa News Agency

    Infrastructure investment remains a key component in driving economic growth and government has maintained its R1 trillion allocation for infrastructure investment over the medium term to support this growth.

    This according to Finance Minister Enoch Godongwana, who delivered the Budget Speech in Parliament on Wednesday.

    “[Quality] infrastructure investment expands the productive capacity of the economy and responds to the diverse needs of the citizens. Infrastructure is also a rich source of jobs in construction, engineering, and related industries across a range of skill levels.

    “It is for these reasons that infrastructure is the fourth pillar of the growth strategy, and this budget demonstrates our resolve to change the composition of spending from consumption to investment. Allocations towards capital payments remain the fastest-growing area of spending by economic classification. Public infrastructure spending over three years will exceed the R1 trillion mark,” Godongwana said.

    Spending will focus on “maintaining and repairing existing infrastructure, building new infrastructure, and acquiring equipment and machinery” primarily in transport and logistics, energy and water and sanitation.

    “Of the R402 billion for transport and logistics, R93.1 billion is for the South African National Roads Agency to keep the 24 000-kilometer national road network in active maintenance and rehabilitation. R53.1 billion is for the maintenance and refurbishment of provincial roads.

    “R66.3 billion is allocated to PRASA, out of which R18.2 billion is for the rolling stock fleet renewal programme and R12.3 billion is provisionally allocated for the renewal of the signalling system. The spending will sustain progress in rebuilding the infrastructure to provide affordable commuter rail services. This will enable PRASA to increase passenger trips from 60 million in 2024/25 to 186 million by the end of the MTEF [Medium Term Expenditure Framework] period.

    “The energy sector will invest R219.2 billion on strengthening the electricity supply network, from generation to transmission and distribution. The water and sanitation sector will spend R156.3 billion on expanding our water resource and service infrastructure, including dams, bulk infrastructure to service mines, factories and farms,” Godongwana explained.

    Reforms for private sector participation

    The Minister announced that new regulations for public-private partnerships (PPPs), which were gazetted earlier this year, are expected to take effect next month.

    “These will reduce the procedural complexity of undertaking PPPs, increasing the deal flow and allowing government to leverage its limited resources to fast-track infrastructure provision. The National Treasury has developed enabling guidelines and frameworks to support the new regulations.

    “Specifically, the unsolicited proposals framework will create clear rules for managing proposals from the private sector. And the framework for fiscal commitments and contingent liabilities will strengthen fiscal risk governance. These guidelines and frameworks will be published in the next few weeks,” he said.

    Furthermore, the process of issuing the first infrastructure bonds in 2025/26 remains in place.

    “We are also exploring alternative financing instruments to allow pension funds, commercial banks, development banks and international financial institutions to participate in financing our infrastructure plans.

    “These reforms are how we plan to leverage infrastructure investment to ease supply side constraints to the economy and improve access to social services the people get,” Godongwana said.

    Employment boost

    Meanwhile, in the 2025 Budget Overview, National Treasury said additional funding of some R8.8 billion has been allocated to public employment programmes (PEPs).

    “Although the number of people employed was 16.8 million in the first quarter of 2025, South Africa’s unemployment rate remained very high at 32.9%.

    “Public employment programmes are crucial to address persistently high unemployment,” National Treasury noted.

    Key beneficiaries for the additional funding include:

    • The Department of Basic Education: R5.8 billion for the basic education schools employment initiative.
    • The Department of Sport, Arts and Culture: R350 000 000 for the creative industry stimulus.
    • The Department of Trade, Industry and Competition: R1.3 billion for the Social Employment Fund.

    “In addition, National Treasury and the Presidency, working with other state institutions, have begun a comprehensive review of active labour market programmes, PEPs and the social support system to improve efficiency and effectiveness.

    “With these efforts, government hopes to make significant strides in reducing unemployment,” the overview read. – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI Africa: Ramaphosa, Trump meeting all set for early evening, SA time

    Source: South Africa News Agency

    President Cyril Ramaphosa’s engagement with United States President Donald Trump is expected to get underway at 5:30pm South African time – starting with a welcome of the visiting President at the Oval Office. 

    The Oval Office is the official workspace used exclusively by the President of the U.S. in Washington, D.C.

    The two leaders aim to rebuild and strengthen their relations amid ongoing tensions, including the recent resettlement of white Afrikaners in America.

    According to The Presidency of SA,  President Trump is set to welcome South Africa’s Head of State at 5:30pm. This will be followed by President Ramaphosa signing the visitors’ book at 5:35pm.

    At 5:45pm, the two leaders will participate in a working lunch, leading to their bilateral meeting scheduled for 6:45pm, which will include an opportunity for media interaction.

    President Ramaphosa is expected to depart from the White House at 6:30pm.

    Ahead of the meeting this afternoon, the President attended the 2025 Budget Speech virtually.

    The South African delegation to Washington D.C. consists of several Cabinet Ministers, notable business figures, and prominent South Africans.

    Included in the delegation are Minister of International Relations and Cooperation Ronald Lamola, Minister in the Presidency Khumbudzo Ntshavheni, Minister of Trade, Industry and Competition Ebrahim Patel, and Minister of Agriculture John Steenhuisen.

    President Ramaphosa has leveraged President Trump’s passion for golf by inviting South African pro golfers Ernie Els and Retief Goosen to join the trip.

    In addition, the President will be accompanied by Johann Rupert, the Founder of Richemont and Chairman of Remgro.

    The delegation also includes Vice President of Business Unity South Africa (BUSA) Adrian Gore and President of the Congress of South African Trade Unions (COSATU) Zingiswa Losi. 

    They are currently in Washington, D.C. to offer strategic support to President Ramaphosa and the South African delegation.

    Meanwhile, President Trump will be flanked by several key officials during his event. 

    These include Vice President JD Vance, Defence Secretary Pete Hegseth, Commerce Secretary Howard Lutnick, Deputy Secretary of State Christopher Landau, Chief of Staff Susie Wiles, Special Government Employee Elon Musk, and Dr Massad Boulos, who serves as a Senior Advisor for Africa as well as on Arab and Middle Eastern Affairs.

    SAnews reported this morning that discussions will focus on revitalising bilateral relations, rethinking economic cooperation, and exploring new trade and investment opportunities that align with South Africa’s development goals. 

    President Ramaphosa arrived in the United States on Monday, landing at Andrews Air Force Base to a warm reception.  

    A red carpet was laid out, and ceremonial guards held the South African and United States flags as he was escorted to his motorcade, signaling the start of his visit with the honours fitting for a Head of State.

    Upon his arrival at the hotel, he was greeted by the South African delegation and members of the media.

    Since then, he has been engaging with his Ministers, including Mcebisi Jonas, the Special Envoy to the United States and the official representative of the President and the South African government.

    Speaking to the media on Tuesday, the President appeared cheerful and optimistic. 

    He expressed that he was “ready and hopeful” for productive discussions at the Oval Office.

    For the latest coverage on President Ramaphosa’s visit to the United States, follow SAgovnews on X, formerly known as Twitter. – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI United Kingdom: Waste packaging company director pays high price in data fraud

    Source: United Kingdom – Executive Government & Departments

    News story

    Waste packaging company director pays high price in data fraud

    A Birmingham-based director and his company has been ordered to pay a Proceeds of Crime confiscation order, fines and costs totalling £476,995. 

    An officer on inspection duty. Please note the photo is an example of EA’s work not directly from this case.

    This follows an Environment Agency investigation into fraudulent entry of waste packaging data.

    At Birmingham Crown Court on Friday 16 May 2025, Shaobo Qin, a director of EDU Case Ltd, pleaded guilty to fraud by false representation. He was given a 2 year prison sentence suspended for 18 months.

    Qin, age 42, of Sutton Coldfield, West Midlands, was also ordered to pay a Proceeds of Crime confiscation order of £255,057. He must pay within 2 months or face 3 years in prison.

    He was also disqualified as a director for 4 years and ordered to do 200 hours of unpaid work.

    His company, EDU Case Ltd of Portway Road, Rowley Regis, was fined £200,000. The Environment Agency were also awarded £21,995 in investigation costs.

    The court was told Qin’s company was a plastics and recycling exports enterprise.  The offences were discovered by the Environment Agency towards the end of 2022.

    The company, orchestrated by Qin, was deliberately and systematically entering false data on to the Environment Agency’s National Packaging Waste Database (NPWD) for non-existent waste exports.

    This resulted in Qin receiving a benefit for himself and his company in the sum of approx. £255,000. He was arrested on Wednesday 10 January 2024 where he was interviewed by Environment Agency officers.

    EDU Case were accredited to carry out plastic packaging exports and able to issue “evidence” of that activity in the form of tonnage figures on the database.

    This evidence could be bought by businesses who are obliged to account for their plastic packaging waste under the Producer Responsibility Obligations (Packaging Waste) Regulations 2007.

    An audit conducted by Environment Agency officers in 2023 and information following that work identified discrepancies between the amount of waste exported and the amount of evidence issued. 

    The false entries represented nearly two-thirds of the business’ entire trade in 2022 towards the end of that year.

    As part of that audit, a legal notice was served on Qin and the company in September 2023.

    This notice required the production of their evidence of plastic waste exports.  In response, Qin sent a computer memory stick containing his business’ waste export evidence and a letter explaining a large discrepancy, described as an “overclaim.”

    The letter stated that the company had carried out 1,239 metric tonnes of plastic waste exports in 2022, only 453.60 metric was genuine and that the majority of his trading, 785.40 metric tonnes  was ‘a mistake.’

    In sentencing the judge said this was without doubt deliberate offending and pre-planned. There had been a significant undermining of the regulatory regime. 

    He accepted that there had been a guilty plea entered at first opportunity and that money had been put aside to repay the financial benefit made. The company was also fined to mark the seriousness of the offending.

    Sham Singh, Senior Environmental Crime Officer for the Environment Agency, said:

    “This case shows that the Environment Agency will pursue individuals and their enterprises who profit illegally.

    “This was a fraud on a large scale and undermines legitimate business and the investment and economic growth that go with it.

    “We support legitimate businesses and are proactively supporting them by disrupting and stopping the criminal element backed up by the threat of tough enforcement as in this case.

    “If anyone suspects that a company is doing something wrong, please contact the Environment Agency on 0800 80 70 60 or report it anonymously to Crimestoppers on 0800 555 111.”

    The Charges

    Shaobo Qin

    Between 1st January 2022 and 31st January 2023 dishonestly and intending thereby to make a gain for himself or another, or to cause loss to another, or to expose another to the risk of loss, made a false representation to the online National Packaging Waste Database which was and which he knew was, or might be, untrue or misleading, namely, that the 785.4 tonnes of plastic waste that he claimed EDU Case UK Ltd had exported over that period, had all actually been exported when it had not, contrary to Sections 1 and 2 of the Fraud Act 2006.

    EDU Case UK Limited (Company No. 08888722)

    Between 1st January  2022 and 31st January 2023 dishonestly and intending thereby to make a gain for himself or another, or to cause loss to another, or to expose another to the risk of loss, made a false representation to the online National Packaging Waste Database which was and which he knew was, or might be, untrue or misleading, namely, that the 785.4 tonnes of plastic waste that EDU Case UK Ltd had exported over that period, had all actually been exported when it had not, contrary to Sections 1 and 2 of the Fraud Act 2006.

    Background Information

    The Packaging Producer Responsibility Regulations were introduced to oblige the producers of waste packaging such as plastic, glass and cardboard (e.g. supermarkets) to contribute towards the financial cost of recycling and the disposal of waste. Any large organisation that meets the criteria for this obligation is required to prove they have made such financial contributions by the purchasing of credits known as Packaging Recovery Notes (PRNs) or Packaging Export Recovery Notes (PERNs) from UK waste reprocessors and waste exporters.

    Updates to this page

    Published 21 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI: No KYC, 100x Leverage, Big Bonuses, Simple Interface — Why Beginners Love BexBack

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 21, 2025 (GLOBE NEWSWIRE) — Bitcoin has officially shattered the long-anticipated $100,000 barrier, marking a historic milestone for the crypto market. As shown in the latest TradingView chart, BTC continues to push higher, riding the upper edge of the Bollinger Bands with no signs of slowing down.

    While the bull run creates exciting opportunities, traders are now facing a critical question: Which platform is best positioned to help them capitalize on this volatility?

    Introducing BexBack — A Streamlined Futures Trading Platform Built for This Moment

    In a sea of exchanges that are often overloaded, overcomplicated, or overregulated, BexBack stands out with its fast, frictionless, and fully non-KYC approach to crypto derivatives trading.

    Whether you’re a seasoned leverage trader or just getting started, BexBack delivers a powerful yet simple experience, offering:

    • No KYC Required — Trade anonymously with just an email
    • 100% Deposit Bonus + $100 Trading Bonus — Double your capital and get a head start
    • Up to 100x Leverage — Maximize your position in times of volatility
    • Free Demo Account — Practice with 10 BTC and 1,000,000 USDT risk-free
    • 50+ Perpetual Contracts — Including BTC, ETH, XRP, ADA, SOL and more
    • Zero Spread, No Slippage — What you see is what you get

    Security and Speed in One Package

    BexBack isn’t just fast — it’s secure. With cold wallet fund storage, multi-signature withdrawal approvals, and real-time risk monitoring, the platform ensures your assets and trades are well protected.

    Global Access, Real Freedom

    BexBack proudly serves a global user base. With no mandatory KYC, even traders from regions with limited access to traditional exchanges can participate freely and instantly.

    About BexBack?

    BexBack is a leading cryptocurrency derivatives platform offering up to 100x leverage on futures contracts for BTC, ETH, ADA, SOL, XRP, and over 50 other digital assets. Headquartered in Singapore, the platform also operates offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. Like many top-tier exchanges, BexBack holds a U.S. MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. The platform accepts users from the United States, Canada, and Europe, with zero deposit fees and 24/7 multilingual customer support, delivering a secure, efficient, and user-friendly trading experience.

    As Bitcoin Enters Price Discovery, Don’t Get Left Behind

    Markets like this don’t come around often. Whether you’re aiming to ride short-term price swings or position for long-term growth, BexBack provides the tools, leverage, and freedom you need to trade your way.

    Create your account, claim your bonuses, and trade with confidence — all on BexBack.

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

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

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

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b8f30a8d-29e8-4fb0-80dd-03331565d74c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6ee01a23-4395-4b2a-abc6-6b0bf1e42222

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7050b1ab-3ad2-439a-8061-df433b50576b

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d5f5e1fb-7fa6-4b9d-9ef5-46780f2a0f40

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9e8b7e7d-1a2a-429a-831b-69b996334ec4

    The MIL Network –

  • MIL-OSI: MEXC Partners with TON for Groundbreaking $1 Million Crypto Event

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, May 21, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, today announced an industry-disrupting partnership with The Open Network (TON) that introduces a $1 million reward pool campaign and fundamentally challenges established exchange revenue models. Launching today and running through June 20, the “TON Triumph” campaign eliminates all trading fees on TON pairs while offering staking returns that dwarf typical yields by up to 100 times.

    In an unprecedented move that signals a significant shift in exchange competition strategies, MEXC will offer new users access to staking opportunities with up to 400% APR on TON tokens—creating what analysts describe as the most aggressive user acquisition campaign in the cryptocurrency exchange sector this year.

    “This partnership represents a strategic inflection point for both the TON ecosystem and the broader exchange landscape,” said Tracy Jin, COO of MEXC. “By eliminating all typical entry costs into TON trading for a full month while simultaneously offering returns that outpace all competitors, we’re not simply running a promotion—we’re fundamentally changing how users engage with emerging Layer-1 ecosystems.”

    Campaign Transforms Market Access and Investment Returns

    The 30-day campaign introduces multiple disruptive elements that directly challenge other exchanges’ TON market dominance:

    • Zero-Fee Trading Structure: Complete elimination of fees on TON/USDT, TON/USDC, and TON/EUR spot pairs, TONUSDT futures, and all TON/USDE network withdrawals—removing traditional revenue mechanisms that have defined exchange business models.
    • Industry-Leading APR: New users can stake TON tokens to earn up to 400% APR, positioning the offering at 100 times higher than typical cryptocurrency staking returns and several hundred times above traditional banking products.
    • Democratized Trading Access: Zero-fee structure gives retail traders access to the same economics previously available only to professional and institutional traders, significantly leveling the playing field.
    • Limited-Time, First-Come Allocation: High-yield staking pools operate on a first-come, first-served basis with participants limited to 250 TON tokens per user, creating immediate urgency for early participation.

    The campaign also includes passive rewards of up to 8% daily APR for USDE holders, spot trading rewards from a pool of 32,500 TON, and a futures trading competition with 100,000 USDT in bonuses.

    TON Ecosystem Expansion and Infrastructure Advancement

    This partnership is pivotal for The Open Network, which continues to gain momentum through its connection to Telegram’s 900+ million users and growing developer ecosystem.

    The collaboration represents a significant leap forward in TON’s accessibility and adoption curve. By drastically reducing barriers to entry while providing exceptional incentives, the campaign accelerates the integration of new participants into the TON ecosystem, coinciding precisely with the network’s rapidly expanding technical capabilities and use cases.

    The campaign also showcases MEXC’s platform capabilities, demonstrating advanced infrastructure that can handle zero-fee trading across multiple markets simultaneously while managing high-volume staking operations with variable APR structures.

    Time-Sensitive Opportunity with Global Access

    The $1 million in rewards is available exclusively during the 30-day window, with certain high-value components like the 400% APR staking pool starting on May 21th and operating on a capped allocation basis.
    MEXC has created a streamlined onboarding process that allows new users to complete registration and KYC verification in minutes, with the campaign accessible to eligible participants globally through both web and mobile interfaces.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

    About TON
    The Open Network (TON) is a fully decentralized layer-1 blockchain designed for mass adoption. Originally conceived by Telegram and now developed by the open TON Community, the network offers exceptional scalability, accessibility, and ease of use.

    Risk Disclaimer:
    The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

    Source

    Contact:
    Lucia Hu
    lucia.hu@mexc.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/81cfe77f-6144-467b-8410-8e577b84fbb9

    The MIL Network –