NewzIntel.com

Category: Transport

  • MIL-OSI Security: Former Bank President and Contractor Plead Guilty to Federal Charge in Loan Fraud Scheme

    Source: US FBI

    EAST ST. LOUIS, Ill. – A former bank president and contractor appeared in federal court and admitted to committing bank fraud by conspiring together to falsify loan applications and obtain funds.

    Francis Eversman, 74, of Collinsville, and Gregg Crawford, 65, of Columbia, each pleaded guilty to conspiracy to commit bank fraud for their roles in a scheme that extended from 2011 to 2020.

    “The integrity of our banking system relies on the integrity of loan officers and applicants,” said U.S. Attorney Steven D. Weinhoeft. “We will continue to work closely with our law enforcement partners to ensure that those who violate their fiduciary duties and those who obtain loans through fraud are brought to justice.”

    According to court documents, Eversman was a senior loan officer at former Tempo Bank in Trenton. Crawford was the owner of construction companies in southern Illinois. Eversman and Crawford admitted in district court that Crawford recruited straw purchasers to act as nominal loan applicants on what were often highly overvalued properties.

    “Every American citizen deserves to walk into their bank and trust the people behind the counter. In southern Illinois, these people are usually our neighbors and friends, people that we trust with our money and wellbeing. The defendants in this case violated that trust through schemes aimed to self-serve and increase wealth,” said FBI Springfield Assistant Special Agent in Charge Karen Marinos. “FBI Springfield and our partners with the Office of Inspector General – Treasury and the Office of the Comptroller of the Currency will always look out for the wellbeing of the citizens of Illinois and ensure their money is being put in the hands of people they can truly trust.”

    His brother-in-law, Eversman, steered these loans through the approval process. Crawford then used the loan proceeds for other purposes. In some cases, Crawford provided fake lease agreements to purport to show rental income from subject properties. When at audit by the Office of the Comptroller of the Currency discovered the suspect loans, Crawford instructed a straw purchaser to provide investigators with false information. 

    Both Crawford and Eversman waived their right to be indicted by a grand jury and pled guilty to an Information.

    Conspiracy to commit bank fraud carries penalties of up to 30 years in prison, five years of supervised release and fines up to $1 million. Sentencing is scheduled for Oct. 14, 2025.

    The investigation was conducted by the FBI Springfield Field Office, the Office of Inspector General – Treasury Department, and the Office of the Comptroller of the Currency. Assistant U.S. Attorney Kevin Burke is prosecuting the case. 

    MIL Security OSI –

  • MIL-OSI Security: Princeton Couple Sentenced to Combined 14 Years in Federal Prison for $2 Million Mail Theft Scheme and Firearms Offenses

    Source: US FBI

    EVANSVILLE- Michael Jerome Wright, 45, and Cortney Lashea Young, 36, of Princeton, Indiana, have been sentenced to 12 and 2 years in federal prison, respectively, for their roles in a mail theft scheme.

    Wright pleaded guilty to mail theft, unlawful possession of a mail key, access device fraud, aggravated identity theft, possession of ammunition by a felon, and possession of a machinegun. Young pleaded guilty to mail theft and possession of a firearm by a felon. Both will serve three years of supervised release following their prison sentence.

    According to court documents, in 2023, law enforcement officials began receiving numerous complaints about mail theft and check forgery.

    In March and April of 2024, Evansville Police Department officers surveilled local United States Postal Service (USPS) collection boxes. On six different occasions, investigators saw Wright open collection boxes with an arrow key around 4:30 in the morning, sort through the mail, then drive off with stolen mail. On at least two of those occasions, investigators saw Young behind the wheel of the getaway car.

    The USPS uses a unique type of lock known as an “arrow lock” to secure collection boxes, lockers, and apartment mailbox panels. These locks can only be opened with an arrow key. It is a crime for anyone not authorized by the Postal Service to knowingly have or use arrow keys.

    On April 3, 2023, law enforcement officers stopped the pair just as they drove away from another mail theft. Officers searched the vehicle and uncovered an arrow key and stolen mail on the passenger floorboard.

    Investigators conducted a court-authorized search of Wright and Young’s apartment in Princeton and located hundreds of checks and their corresponding envelopes, many of which had been previously reported as stolen.  The stolen checks had a total face value of $1,857,460.91.

    Investigators also found two handguns under the mattress in Wright and Young’s bedroom. On Wright’s side of the bed was a partially 3D printed, privately made firearm with no serial number. This type of weapon is commonly referred to as a “ghost gun” because it has no records related to its manufacture or sale. Investigators also recovered two, 30-round extended magazines. The ghost gun had a machinegun conversion device, also called a “Glock switch,” installed, allowing it to fire as a fully automatic weapon. Glock switches are themselves considered machine guns under federal law, whether they are installed in a firearm or not. On Young’s side of the bed was a Ruger pistol.

    Wright has sustained multiple felony convictions including murder, dealing in a synthetic drug, operating a vehicle as a habitual traffic violator, and operating a vehicle while intoxicated. Young has sustained a felony conviction for fraud. These prior felony convictions prohibit Wright and Young from ever legally possessing a firearm or ammunition.

    Also in the bedroom of the apartment, law enforcement found two backpacks. In Wright’s backpack, investigators found 30 debit and credit cards bearing the names of other individuals, as well as a piece of notebook paper that had the names, dates of birth, and Social Security numbers for three other individuals written on it.

    “Americans rely on the U.S. Postal Service to securely deliver everything from birthday cards to critical financial documents,” said John E. Childress, Acting U.S. Attorney for the Southern District of Indiana. “This couple exploited that trust through a widespread mail theft and identity fraud scheme that caused two million dollars in losses, while arming themselves with very dangerous illegal weapons. We will continue to work with our law enforcement partners to hold accountable those who target the public and abuse systems we all depend on.”

    “This case highlights the distinguished partnership between the Indianapolis Field Office, the Evansville Police Department, the United States Postal Inspection Service, Bureau of Alcohol, Tobacco, Firearms and Explosives, and the Federal Bureau of Investigation. The United States Secret Service has a duty to safeguard the nation’s financial infrastructure, but we protect far more than just the economic interest of the communities we serve,” said Special Agent in Charge of the Indianapolis Field Office, Ike Barnes. “This case is a prime example of how those who look to victimize our communities will do so in numerous ways. Michael Wright and Cortney Young not only exploited our community of roughly $1.8 million in illicit funds but also brought dangerous weapons into our neighborhoods to carry out their depraved scheme.”   

    “Protecting the U.S. mail and its customers is at the core of our mission as postal inspectors,” said Acting Inspector in Charge Sean McStravick of USPIS – Detroit Division.  “Thanks to incredible collaborative efforts with our law enforcement partners and the U.S. Attorney’s Office, we were able to do just that by putting these individuals behind bars. This sentencing should be considered a warning to anyone else looking to prey on the Postal Service or its customers – we will bring you to justice.”

    The U.S. Secret Service, Bureau of Alcohol, Tobacco, Firearms and Explosives, Federal Bureau of Investigation, U.S. Postal Inspection Service, and Evansville Police Department investigated this case. The sentences were imposed by U.S. District Judge Matthew P. Brookman.  

    Acting U.S. Attorney Childress thanked Assistant U.S. Attorneys Matthew B. Miller and Todd S. Shellenbarger, who prosecuted this case.

     

    ###

    MIL Security OSI –

  • MIL-OSI: Relm Insurance Launches Streamlined Coverage Suite for Fintechs

    Source: GlobeNewswire (MIL-OSI)

    St. George’s, Bermuda, July 08, 2025 (GLOBE NEWSWIRE) — Relm Insurance (‘Relm’), the leading insurer for emerging and innovative industries, today announced the launch of OMEGAFINTECH and NOVAFINTECH, which eliminate coverage gaps within streamlined policies built for today’s financial innovators.

    Modern fintechs face growing risks — from cyberattacks to regulatory scrutiny — yet still rely on fragmented insurance cobbled together from legacy providers. This patchwork approach often leads to costly gaps in coverage and uncertainty at claim time.

    Relm’s new product suite solves this problem by combining critical coverages into a unified structure:

    OMEGAFINTECH

    Built for companies that deliver financial services through technology (e.g. digital banks, crypto exchanges, payment platforms), and includes integrated coverage for:

    • Tech and AI liability
    • Cybersecurity events
    • Financial and professional services (E&O)
    • Regulatory investigations and compulsory limits (e.g. PSD2 compliance in the EU)
    • Financial crime and fraud
    • Management liability
    • 24/7 incident response team access

    NOVAFINTECH

    Tailored for fintech enablers — companies that build, supply, or power financial technologies without offering financial services themselves. It Includes all OMEGAFINTECH protections, minus financial services and management liability, keeping coverage relevant and cost-effective.

    “Many fintechs are scaling fast and taking on complex risk — but traditional insurance hasn’t kept pace,” said Joseph Ziolkowski, CEO and Founder of Relm Insurance. “With OMEGAFINTECH and NOVAFINTECH, we’re helping them close critical gaps and build resilience where it matters most.”

    “Findings from our research and stakeholder engagement suggested there was a clear need for policies that reflect the reality of how modern fintechs operate,” said Claire Davey, Relm’s Head of Product Innovation and Emerging Risk. “OMEGAFINTECH and NOVAFINTECH are the result of that process — cohesive, technically sound coverages that address overlapping exposures in a single structure, helping our clients navigate risk with fewer gaps and greater clarity.”

    For more information, visit: https://relminsurance.com/insurance-products/fintech-insurance-products-omegafintech-and-novafintech/

    Who is OMEGAFINTECH for? Who is NOVAFINTECH for?
    Digital Banking Platforms Digital Payments
    Payment Technology Providers Banking as a Service (BaaS)
    Fraud Prevention and Identity Verification Lending Platforms
    Risk Management, Compliance and RegTech Wealth Tech
    Lending Technology Platforms Personal Finance and Budgeting
    Data Aggregation and Open Banking APIs BNPL (Buy Now, Pay Later)

    About Relm Insurance 

    Relm Insurance Ltd. (Relm) is a Bermuda-domiciled specialty insurance carrier that supports emerging industries driving innovation and next-generation technologies. Launched in 2019, Relm offers a wide range of insurance products to high-growth markets, including digital assets, blockchain, AI, biotech, and the space economy. With a Financial Stability Rating of A (Exceptional) from Demotech, Relm is widely recognised for its industry expertise and solutions-driven approach, making it a trusted risk partner for businesses operating at the frontier of technological innovation. 

    PR Contact

    Reannah Smith

    reannah@lunapr.io

    The MIL Network –

  • MIL-OSI: KingsRock Advisors Announces Advisory Board, Additional Senior Hires and Senior Advisors, and Inaugural Capital Raise

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and LONDON and STOCKHOLM and DUBAI, United Arab Emirates, July 08, 2025 (GLOBE NEWSWIRE) — KingsRock Advisors, LLC (“KingsRock”), an independent global advisory firm, announced today the formation of a new Advisory Board, a series of new Senior Hires, additional Senior Advisors joining us, and an inaugural Capital Raise. This expansion aims to accelerate the growth of KingsRock’s capital solutions and corporate finance business, across industries, geographies, and capital structures.

    We are pleased to welcome the following Senior Banking Executives who have agreed to serve as Members of our new KingsRock Advisory Board:

    Dr. Josef Ackermann   Zurich, former Chairman of the Management Board, Deutsche Bank
    Fred Brettschneider   New York, former Head of Deutsche Bank Global Markets Americas
    Yassine Bouhara   Dubai, CEO Tell Group, former Global Head of Deutsche Bank Global Equities
    Kevin Parker   New York, CEO SICM, former CEO of Deutsche Asset Management
    Bernardo Parnes   Sao Paolo, CEO of One Partners, former CEO of Deutsche Bank Latin America
    Jon Vaccaro   Darien, Founder V20 Group, former Global Head of Deutsche Bank CRE
    Seth Waugh   Palm Beach, former CEO of Deutsche Bank Americas, former Chairman of PGA
         

    We are pleased to welcome the following Senior Investment Bankers who have joined KingsRock recently in the US and EMEA as Managing Directors, with further expansion planned:

    David Barcus   New York, former BNP and Raymond James
    John Doyamis   New York, former EBG, and Bear Stearns
    Leo-Hendrik Greve   Amsterdam, former ING, Citi and MS
    Rony Jawhar   Dubai, former Arqaam and Deutsche Bank
    Bray Kelly   New York, former JBK Capital and UBS
    Joe Lovrics   Madrid, former Societe General, Citi, and BNP
    Bill Miller   New York, Commerce Street, TPG Sixth Street, Citi
    Hans Narberhaus   Madrid, former Deutsche Bank
    Laurent Quelin   London, former Chenavari, and CS
    Francois-Louise Ricard   Paris, former Groupe Caisse des Depots, MS and SG
    Jorge de los Rios   Madrid, former Santander, S&P and Lehman
    Mike Turnbull   London, former StormHarbour, BAML and MS
    Andrew Whittaker   New York, Lazard, GSAM and Lehman

    In Q2 we were also joined by Gregor Bates, Associate, London, and Analysts Matt Farrell, Nikita Spivakov, and Tim O’Callaghan in New York.

    We also welcome George Parker, New York, as Senior Advisor for Operations.

    This team’s decades of investment banking experience across Origination, Advisory, Capital Markets, Structuring, and Leveraged Finance should help propel our growth and strategy to originate, structure, and distribute private capital markets transactions and provide strategic advisory services. Our goal is to further strengthen KingsRock’s ability to serve issuer clients and the private credit, special situations and private equity investor universe with ever more tailor-made capital solutions and investment opportunities.

    Expansion of our Global Network of Senior Advisors

    We are also pleased to announce that we now have 120 (one hundred and twenty) Senior Advisors from approximately 50 countries around the world. Each is a truly Independent Advisor with his or her own interest and focus, some with companies that we have partnered with, etc. Many of these advisors comprised the most senior leadership of Deutsche Bank and oversaw a wide range of functions, from CEO and six other former Management Board Members, to Country Heads and Divisional Heads of M&A, Capital Markets, and Heads of Sales, Coverage, Industry Groups, Economists, Operations, etc.

    This unique Global Network of former colleagues and friends as our Senior Advisors allows KingsRock access to key decision makers nearly anywhere in the world, spanning companies, institutional investors, financial institutions, and the public sector. It also offers mutual benefits in deal making through origination, execution, and distribution, be it a cross-border M&A transaction or bespoke institutional capital raising deal.

    We are also pleased to Announce a successful close of our inaugural third-party capital raise for KingsRock Advisors LLC, to support our expansion and elevate our investment banking boutique, with further strategic growth planned. We thank all of our investors for their strong support.

    “We are excited to welcome our new Senior Advisory Board Members, our new Managing Directors, Associate and Analyst colleagues, and our Senior Advisors network to KingsRock as we continue to expand the global reach of our capital solutions business. Together with our inaugural capital raise to boost and increase the visibility of our platform, successfully concluded in Q2, we are truly thrilled with the progress our young firm is making to serve our clients and support our ambitious growth. In the near term, we will share more details about our expansion across our financial services offering,” said Håkan Wohlin, Founder & Managing Partner, and Louis Jaffe, Co-Founder & Managing Partner.

    KingsRock has already announced and closed several significant transactions in 2025. Angel Oak’s recently announced sale to Brookfield, where KingsRock Advisors served as the Exclusive Financial Advisor to Angel Oak, is indeed a landmark transaction. On April 1st, 2025, Brookfield Asset Management and Angel Oak to Entered into Strategic Partnership. KingsRock Securities LLC, a wholly owned subsidiary of KingsRock Advisors LLC, acted as Exclusive Financial Advisor to Angel Oak Companies.

    About KingsRock:

    KingsRock Advisors, LLC headquartered at 900 Third Avenue, New York, NY 10022, is an independent global advisory firm, with securities offered by KingsRock Securities LLC, a FINRA member firm and SIPC, as well as KingsRock Advisors UK Ltd and KingsRock Advisors Europe AB, both wholly owned subsidiaries of KingsRock Advisors LLC.

    Founded in 2020, KingsRock comprises a team of approximately 40 full time professionals who advise on a wide range of private capital markets transactions including debt, hybrid, equity and M&A covering structures from vanilla to highly structured. The team collectively has worked on thousands of transactions across various industry sectors worldwide. Clients include private equity and private credit firms, corporations, financial institutions, government-related entities, and institutional investors.

    KingsRock Advisors offers the experience and global reach of a large firm, combined with the structural agility and creativity of a boutique. An independent advisory firm with a global network that provides unconflicted strategic and financial advisory services, along with innovative capital solutions and special situations. The firms’ bankers excel in complex transactions and deliver swift results often where large banks and traditional sources of financing do not have the ability to engage. KingsRock advisors operates across all major industry sectors and is supported by a global network of 120 independent Senior Advisors across 50 countries, who bring decades of deal making experience.

    Disclaimer:

    Securities offered by KingsRock Securities LLC, a FINRA member firm and a member of SIPC., a wholly owned subsidiary of KingsRock Advisors LLC. • 900 Third Avenue, 10th Floor • New York, NY 10022.

    KingsRock Advisors UK Ltd is a private limited company registered in England and Wales with registration number 15240371. KingsRock Advisors UK Ltd (FRN 1006329) is an Appointed Representative under Bluegrove Capital Management Ltd (FRN: 960363), which is authorised and regulated by the Financial Conduct Authority.

    KingsRock Advisors Europe AB is incorporated in Sweden (EU), with registered office at Grev Turegatan 14, 114 46 Stockholm, Sweden, and is a tied agent of Svensk Värdepappersservice i Stockholm AB, a Swedish investment firm authorized and regulated by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) under the Swedish Securities Market Act (Sw. lag (2007:528) om värdepappersmarknaden).

    This message is provided for information purposes and does not constitute an invitation, solicitation or offer to buy or sell any securities or investment. Neither KingsRock Securities, LLC nor its affiliates provide accounting, tax or legal advice; such matters should be discussed with your advisors and/or counsel.

    The MIL Network –

  • MIL-OSI: KingsRock Advisors Announces Advisory Board, Additional Senior Hires and Senior Advisors, and Inaugural Capital Raise

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and LONDON and STOCKHOLM and DUBAI, United Arab Emirates, July 08, 2025 (GLOBE NEWSWIRE) — KingsRock Advisors, LLC (“KingsRock”), an independent global advisory firm, announced today the formation of a new Advisory Board, a series of new Senior Hires, additional Senior Advisors joining us, and an inaugural Capital Raise. This expansion aims to accelerate the growth of KingsRock’s capital solutions and corporate finance business, across industries, geographies, and capital structures.

    We are pleased to welcome the following Senior Banking Executives who have agreed to serve as Members of our new KingsRock Advisory Board:

    Dr. Josef Ackermann   Zurich, former Chairman of the Management Board, Deutsche Bank
    Fred Brettschneider   New York, former Head of Deutsche Bank Global Markets Americas
    Yassine Bouhara   Dubai, CEO Tell Group, former Global Head of Deutsche Bank Global Equities
    Kevin Parker   New York, CEO SICM, former CEO of Deutsche Asset Management
    Bernardo Parnes   Sao Paolo, CEO of One Partners, former CEO of Deutsche Bank Latin America
    Jon Vaccaro   Darien, Founder V20 Group, former Global Head of Deutsche Bank CRE
    Seth Waugh   Palm Beach, former CEO of Deutsche Bank Americas, former Chairman of PGA
         

    We are pleased to welcome the following Senior Investment Bankers who have joined KingsRock recently in the US and EMEA as Managing Directors, with further expansion planned:

    David Barcus   New York, former BNP and Raymond James
    John Doyamis   New York, former EBG, and Bear Stearns
    Leo-Hendrik Greve   Amsterdam, former ING, Citi and MS
    Rony Jawhar   Dubai, former Arqaam and Deutsche Bank
    Bray Kelly   New York, former JBK Capital and UBS
    Joe Lovrics   Madrid, former Societe General, Citi, and BNP
    Bill Miller   New York, Commerce Street, TPG Sixth Street, Citi
    Hans Narberhaus   Madrid, former Deutsche Bank
    Laurent Quelin   London, former Chenavari, and CS
    Francois-Louise Ricard   Paris, former Groupe Caisse des Depots, MS and SG
    Jorge de los Rios   Madrid, former Santander, S&P and Lehman
    Mike Turnbull   London, former StormHarbour, BAML and MS
    Andrew Whittaker   New York, Lazard, GSAM and Lehman

    In Q2 we were also joined by Gregor Bates, Associate, London, and Analysts Matt Farrell, Nikita Spivakov, and Tim O’Callaghan in New York.

    We also welcome George Parker, New York, as Senior Advisor for Operations.

    This team’s decades of investment banking experience across Origination, Advisory, Capital Markets, Structuring, and Leveraged Finance should help propel our growth and strategy to originate, structure, and distribute private capital markets transactions and provide strategic advisory services. Our goal is to further strengthen KingsRock’s ability to serve issuer clients and the private credit, special situations and private equity investor universe with ever more tailor-made capital solutions and investment opportunities.

    Expansion of our Global Network of Senior Advisors

    We are also pleased to announce that we now have 120 (one hundred and twenty) Senior Advisors from approximately 50 countries around the world. Each is a truly Independent Advisor with his or her own interest and focus, some with companies that we have partnered with, etc. Many of these advisors comprised the most senior leadership of Deutsche Bank and oversaw a wide range of functions, from CEO and six other former Management Board Members, to Country Heads and Divisional Heads of M&A, Capital Markets, and Heads of Sales, Coverage, Industry Groups, Economists, Operations, etc.

    This unique Global Network of former colleagues and friends as our Senior Advisors allows KingsRock access to key decision makers nearly anywhere in the world, spanning companies, institutional investors, financial institutions, and the public sector. It also offers mutual benefits in deal making through origination, execution, and distribution, be it a cross-border M&A transaction or bespoke institutional capital raising deal.

    We are also pleased to Announce a successful close of our inaugural third-party capital raise for KingsRock Advisors LLC, to support our expansion and elevate our investment banking boutique, with further strategic growth planned. We thank all of our investors for their strong support.

    “We are excited to welcome our new Senior Advisory Board Members, our new Managing Directors, Associate and Analyst colleagues, and our Senior Advisors network to KingsRock as we continue to expand the global reach of our capital solutions business. Together with our inaugural capital raise to boost and increase the visibility of our platform, successfully concluded in Q2, we are truly thrilled with the progress our young firm is making to serve our clients and support our ambitious growth. In the near term, we will share more details about our expansion across our financial services offering,” said Håkan Wohlin, Founder & Managing Partner, and Louis Jaffe, Co-Founder & Managing Partner.

    KingsRock has already announced and closed several significant transactions in 2025. Angel Oak’s recently announced sale to Brookfield, where KingsRock Advisors served as the Exclusive Financial Advisor to Angel Oak, is indeed a landmark transaction. On April 1st, 2025, Brookfield Asset Management and Angel Oak to Entered into Strategic Partnership. KingsRock Securities LLC, a wholly owned subsidiary of KingsRock Advisors LLC, acted as Exclusive Financial Advisor to Angel Oak Companies.

    About KingsRock:

    KingsRock Advisors, LLC headquartered at 900 Third Avenue, New York, NY 10022, is an independent global advisory firm, with securities offered by KingsRock Securities LLC, a FINRA member firm and SIPC, as well as KingsRock Advisors UK Ltd and KingsRock Advisors Europe AB, both wholly owned subsidiaries of KingsRock Advisors LLC.

    Founded in 2020, KingsRock comprises a team of approximately 40 full time professionals who advise on a wide range of private capital markets transactions including debt, hybrid, equity and M&A covering structures from vanilla to highly structured. The team collectively has worked on thousands of transactions across various industry sectors worldwide. Clients include private equity and private credit firms, corporations, financial institutions, government-related entities, and institutional investors.

    KingsRock Advisors offers the experience and global reach of a large firm, combined with the structural agility and creativity of a boutique. An independent advisory firm with a global network that provides unconflicted strategic and financial advisory services, along with innovative capital solutions and special situations. The firms’ bankers excel in complex transactions and deliver swift results often where large banks and traditional sources of financing do not have the ability to engage. KingsRock advisors operates across all major industry sectors and is supported by a global network of 120 independent Senior Advisors across 50 countries, who bring decades of deal making experience.

    Disclaimer:

    Securities offered by KingsRock Securities LLC, a FINRA member firm and a member of SIPC., a wholly owned subsidiary of KingsRock Advisors LLC. • 900 Third Avenue, 10th Floor • New York, NY 10022.

    KingsRock Advisors UK Ltd is a private limited company registered in England and Wales with registration number 15240371. KingsRock Advisors UK Ltd (FRN 1006329) is an Appointed Representative under Bluegrove Capital Management Ltd (FRN: 960363), which is authorised and regulated by the Financial Conduct Authority.

    KingsRock Advisors Europe AB is incorporated in Sweden (EU), with registered office at Grev Turegatan 14, 114 46 Stockholm, Sweden, and is a tied agent of Svensk Värdepappersservice i Stockholm AB, a Swedish investment firm authorized and regulated by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) under the Swedish Securities Market Act (Sw. lag (2007:528) om värdepappersmarknaden).

    This message is provided for information purposes and does not constitute an invitation, solicitation or offer to buy or sell any securities or investment. Neither KingsRock Securities, LLC nor its affiliates provide accounting, tax or legal advice; such matters should be discussed with your advisors and/or counsel.

    The MIL Network –

  • MIL-OSI Economics: Apple Arcade launches four new games in August

    Source: Apple

    Headline: Apple Arcade launches four new games in August

    July 8, 2025

    UPDATE

    Imagination takes center stage in Play‑Doh World, launching August 7 on Apple Arcade

    Worms Across Worlds, Let’s Go Mightycat!, and Everybody Shogi also join the service

    On August 7, Apple Arcade is adding four exclusive games to its diverse catalog of more than 200 fun games for players to enjoy, all free from ads and in-app purchases. Players can dive into Play-Doh World, where they’ll craft unique Play-Doh characters that come to life; Worms Across Worlds, an exciting addition to the long-running, cult-favorite Worms franchise; Let’s Go Mightycat!, a whimsical 3D puzzler; and Everybody Shogi, a vibrant strategy game based on the traditional Japanese board game.

    Play-Doh World by Scary Beasties
    Play-Doh brings its magic to the digital space with Play-Doh World, allowing players to craft their own characters and watch them spring to life. From inventing wild zoo animals to styling outrageous salon hairdos, every corner of this colorful universe responds to the player’s creative whim. With dozens of interactive zones, collectible special Play-Doh, and regular content updates, Play-Doh World offers creative activities and open-ended, imagination-led play — all in a safe, ad-free environment.

    Worms Across Worlds by StoryToys and Behaviour Interactive
    Worms Across Worlds is the next evolution of the award-winning series. When Professor Worminkle’s experiments threaten reality, the beloved invertebrate warriors find themselves hurtling through five wildly different dimensions. Players will chase the mad scientist across worlds in this strategic turn-based action game. Whether battling solo or organizing epic four-team multiplayer mayhem, every challenge and dimension brings players closer to stopping the professor’s path of destruction.

    Let’s Go Mightycat! by PONOS Corporation
    An everyday feline becomes an unlikely galactic hero when an all-powerful being transforms it into the universe’s most adorable conqueror. In this spinoff of hit tower defense game The Battle Cats, players can customize their heroic cat with stylish capes, rescue interstellar friends, and launch Mightycat through colorful planetary stages. With a variety of challenging puzzle stages, every tap brings players closer to the ultimate goal: bringing every planet in the cosmos under the Cat Empire’s adorable yet mighty paw.

    Everybody Shogi by AltPlus Inc.
    Everybody Shogi is a beautifully reimagined take on the traditional Japanese strategy board game. Blending colorful visuals, intuitive controls, and engaging puzzle-style stages, the game introduces shogi in a casual yet strategic way. Players can enjoy daily challenges, unlock unique piece designs, and build custom decks. With real-time matches against players worldwide and seamless crossplay across devices, Everybody Shogi invites everyone to explore the depth of shogi through fast-paced gameplay in a bright and friendly world.

    Pricing and Availability

    • Apple Arcade is available for $6.99 (U.S.) per month with a one-month free trial. Customers who purchase a new iPhone, iPad, Mac, or Apple TV receive three months of Apple Arcade for free.1
    • Apple Arcade is part of Apple One’s Individual ($19.95 U.S.), Family ($25.95 U.S.), and Premier ($37.95 U.S.) monthly plans, with a one-month free trial.2
    • Arcade Originals are playable across iPhone, iPad, Mac, Apple TV, and Apple Vision Pro. App Store Greats are available on iPhone, iPad, and Apple Vision Pro.
    • An Apple Arcade subscription gives a family of up to six unlimited access to all the games in its catalog.
    • Availability for the 200+ games across devices varies based on hardware and software compatibility. Some content may not be available in all areas.
    1. This offer is available to new subscribers only. One subscription covers one Family Sharing group. The offer is good for three months after eligible device activation. The plan automatically renews until cancelled. Restrictions and other terms apply.
    2. The Apple One free trial includes only services that are not currently used through a free trial or a subscription. The plan automatically renews after the trial until cancelled. Restrictions and other terms apply.

    Press Contacts

    Peter Nguyen

    Apple

    pete_nguyen@apple.com

    Jennifer Tam

    Apple

    jennifer_tam@apple.com

    Apple Media Helpline

    media.help@apple.com

    MIL OSI Economics –

  • MIL-OSI United Kingdom: Cameroon celebrates forest hero and Chevening scholars

    Source: United Kingdom – Executive Government & Departments

    World news story

    Cameroon celebrates forest hero and Chevening scholars

    The British High Commission in Yaoundé honoured Dr Cécile Ndjebet, the first-ever Kew International Medalist and a trailblazing forest and climate activist.

    Dr Ndjebet receiving her Award from the High Commissioner, Matt Woods.

    The British High Commission in Yaoundé hosted a special ceremony to honour Dr Cécile Ndjebet, the first-ever recipient of the Kew International Medal. A renowned forest and environmental activist, Dr Ndjebet was celebrated for her groundbreaking work in forest conservation and women’s empowerment across 20 African countries.

    Her recognition marks a historic moment, highlighting Cameroon’s leadership in global environmental advocacy.

    As the 17th recipient of this globally respected award, Dr. Ndjebet was commended by UK Minister for Africa, Lord Collins, and High Commissioner Matt Woods for her tireless efforts in promoting inclusive forest governance.

    A co-founder of the African Women’s Network for Community Management of Forests and a member of the African Forest Forum, Dr Ndjebet has been instrumental in advancing sustainable environmental practices while ensuring that women have a voice in managing Africa’s natural resources.

    A royal recognition

    Just days after the ceremony in Cameroon, Dr Ndjebet was received by His Majesty King Charles III in the United Kingdom. During her visit, she delivered a powerful keynote address on “Nature Action: Mobilising Frameworks and Finance” highlighting the urgent need for global collaboration in financing nature-based solutions and empowering local communities, especially women, to lead in environmental stewardship.

    Her address underscored the importance of integrating traditional knowledge, gender equity, and sustainable finance into global climate strategies.

    Celebrating academic excellence

    The event also celebrated the return of eight Chevening Scholars who recently completed their master’s degrees at top UK universities. These scholars specialized in critical fields such as climate policy, engineering, disaster management, and artificial intelligence, bringing back valuable knowledge and skills to contribute to national development.

    Strengthening UK-Cameroon ties through education

    Since its inception in 1983, the Chevening Scholarship programme has played a vital role in fostering educational and diplomatic ties between the UK and Cameroon. By investing in future leaders, the programme continues to build bridges of collaboration, innovation, and mutual growth.

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: New study provides major boost for mine water heat revolution

    Source: United Kingdom – Government Statements

    Press release

    New study provides major boost for mine water heat revolution

    New study shows 87% of coalfield boreholes succeed, busting myths around drilling risks and boosting confidence in mine water heat for green energy.

    Borehole drilling in County Durham.

    A new study from the Mining Remediation Authority busts myths around the risks of drilling into abandoned coal mines for mine water heat schemes. The research provides the strongest evidence yet that this low-carbon technology is technically achievable, cost-effective and ready to scale, offering a major boost to the UK’s ambitions for clean, secure, and locally sourced energy.

    The open-access research, “Drilling into Coal Mine Workings: Overview and Experience from Britain’s Coalfields”, analysed 564 boreholes drilled across Great Britain. It found that 87% of boreholes successfully delivered on their intended purpose, including monitoring, gas venting and water abstraction. More than 75% of those targeting mine voids successfully reached their target, confirming the predictability and feasibility of accessing mine water heat.

    This work directly addresses any concerns about the technical and financial risks of drilling into former coal mines for low-carbon heating, cooling, and thermal storage. It provides a robust evidence base to support the rollout of mine water heat networks, a reliable source of green energy beneath many former coalfield communities, which is currently underused.

    Mine water heat: Busting myths with new drilling study

    Lee Wyatt, lead author and Senior Hydrogeologist at the Mining Remediation Authority, said:

    This study shows that drilling into coal mine workings is not the high-risk activity it’s often perceived to be. With the right planning, design, and expertise, success rates are high, and this opens the door for more confident investment in mine water heat networks. This has the ability to decarbonise heat, reduce energy bills, and regenerate former coalfield communities.

    Key findings:

    • 87% of boreholes were suitable for their original purpose.
    • More than 75% success rate for hitting targeted mine voids.
    • 97% success rate for deeper boreholes (over 300m), where mine plans are more accurate.
    • Boreholes targeting roadways had a 77% success rate in hitting voids and 85% suitability for their intended use.

    The study supports our mission to unlock the potential of Britain’s coalfields for sustainable development and energy transition. It gives developers, local authorities and infrastructure planners greater confidence in mine water heat as a dependable, scalable energy source.

    It also complements research from initiatives like the UK Geoenergy Observatories, which continue to improve geological understanding of mine heat systems and their role in the energy transition.

    Further information:

    Paper link: https://www.lyellcollection.org/doi/full/10.1144/qjegh2025-016

    Mine Water Thematic link: https://www.lyellcollection.org/topic/collections/mine-water-energy

    QJEGH Volume 58 August 2025: https://www.lyellcollection.org/journal/qjegh

    For media enquiries contact the community response team

    Email communityresponse@miningremediation.gov.uk

    Telephone 0800 288 4211

    For emergency media enquiries (out of hours) call: 0800 288 4242.
    Only urgent media calls will be attended to.

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: INNOPROM-2025: the fight for technological leadership

    Translation. Region: Russian Federal

    Source: Peter the Great St. Petersburg Polytechnic University –

    An important disclaimer is at the bottom of this article.

    The Polytechnic stand continues its work at the INNOPROM exhibition, and the official delegation of SPbPU takes an active part in the business program. On July 8, Russian Prime Minister Mikhail Mishustin arrived in Yekaterinburg. At the forum, the Prime Minister assessed the exhibits and opened the main strategic session “Technological Leadership: Industrial Breakthrough”.

    “I would like to sincerely welcome the participants and guests of the main industrial exhibition of Russia. This year it has a significant anniversary. For the 15th time, Yekaterinburg has become the center of attraction for companies of industrial leaders – both our country and our friendly states. In order to identify new growth points, expand the range of business contacts,” said Mikhail Mishustin. – Today’s discussion is devoted to a very important topic – industrial breakthrough. President Vladimir Vladimirovich Putin at the St. Petersburg International Economic Forum emphasized that the Russian economy must become more technological. This is a serious challenge, the solution of which will require combining the efforts of educational and scientific institutions, industry and other sectors, the expert community and investors, state corporations and development institutions, ministries and departments, regional authorities. I am absolutely convinced that together we will be able to achieve the goals set in this area. And a good support, of course, will be the success of domestic manufacturers.”

    The industrial world is currently experiencing a period of dramatic change and instability. In the context of growing uncertainty, the largest market players are actively looking for new growth points and strategic allies. Technological development is becoming a key area of production transformation. The priority vector is the creation of intelligent and automated systems, where artificial intelligence plays a central role in managing production processes. However, technological progress is only one component of success in the struggle for leadership. An equally important aspect is the formation of a reliable ecosystem of partnerships based on many years of experience of joint work and mutual trust. The key factors in this strategy are the painstaking work of higher education institutions in training qualified personnel, as well as close interaction between educational institutions, enterprises and business representatives.

    Thus, the chief designer for the key scientific and technological development area of SPbPU “System Digital Engineering”, director of the Advanced Engineering School of SPbPU “Digital Engineering” Alexey Borovkov was one of the key speakers of the round table “Implementation of strategic projects of technological leadership within the framework of the program “Priority-2030”. The participants of the meeting discussed the mechanisms of interaction of the program with the system of higher education, including the assessment of the implemented educational programs, methodological approaches to training and forms of cooperation between educational institutions and the business community.

    Alexey Ivanovich recalled that in 2025, each university included the section “Strategic Technological Leadership” in its comprehensive development program, identifying three strategic technological projects. Peter the Great St. Petersburg Polytechnic University, following the presentation of the University Development Program at the Council of the Ministry of Science and Higher Education of the Russian Federation, entered the leading group of universities participating in the Priority-2030 program.

    It is important to note that in accordance with the Order of the Government of the Russian Federation dated May 20, 2023 No. 1315-r, the term “technological leadership” is defined as the superiority of technologies or products in key parameters (functional, technical, cost) over foreign analogues. It is for the purpose of achieving technological leadership according to this definition that SPbPU concentrates its efforts on three key scientific and technological areas (KST): KST-1 “Systemic digital engineering” – development of technologies and products superior to foreign analogues, based on digital twin technology and the CML-Bench® Digital Platform KST-2 “New materials, technologies, production” – creation of science-intensive industries for the repair and manufacture of products for various purposes; KST-3 “Artificial intelligence for solving cross-industry problems” – development of digital platform solutions for analyzing multimodal data, – said Alexey Ivanovich.

    A solemn and pleasant ceremony took place at our stand during business negotiations. SPbPU Academic Secretary Dmitry Karpov presented the SPbPU “For Merits” badge of distinction to Anatoly Sludnykh, General Director of the Ural Optical-Mechanical Plant named after E. S. Yalamov (UOMZ). The award was given by a unanimous decision of the Polytechnic Academic Council for his great contribution to the development of Peter the Great St. Petersburg Polytechnic University. UOMZ is a long-standing and reliable partner of the Polytechnic. So, quite recently The plant’s delegation visited our university.

    According to Anatoly Sludnykh, the enterprise is interested in using technologies and materials developed by Polytechnic University scientists, as well as in additional training of its technologists and engineers at the university. SPbPU, in turn, is determined to strengthen ties and expand cooperation with the Ural Optical and Mechanical Plant and other enterprises of the Shvabe holding.

    We should add that the Polytechnic stand enjoys increased attention from specialists and visitors to the INNOPROM exhibition. They evaluate the advanced engineering developments of our university and communicate with the university specialists. But the exhibit of the SPbPU History Museum is of particular value – a fragment of the legendary “Cable of Life”. This is a gift from Polytechnic graduates who, after graduating from the university, made a successful career at Lenenergo.

    September 23, 1942 was a turning point in the history of Leningrad during the siege. On this day, the besieged city began receiving electricity from the Volkhov Hydroelectric Power Station. The unique project was completed in just 48 days. Power engineers had to lay 104 kilometers of overhead power lines and five 23-kilometer cable strands along the bottom of Lake Ladoga. The work was carried out under constant enemy fire near the front line. A three-core cable with a 120 mm² cross-section ensured the transmission of significant amounts of electricity. The system operated for almost two years, supplying not only industrial enterprises, but also the everyday needs of city residents.

    Director of the SPbPU History Museum Valery Klimov shared his memories of the outstanding engineer Nikodim Tumanov, who supervised the cable laying. In 1935, he graduated from the Leningrad Polytechnic Institute as an external student, defending his diploma project on the topic of “Expansion of the electrical network of the Central District of the Leningrad electrical network.”

    When he was assigned to lead the group, he said: “I understood that this task was impossible. But if I refused, someone else would refuse, a third – and the city would be left without electricity. I decided for myself that I had to try. Leningraders are those people who did not refuse. Perhaps that is why we survived. And as long as a person believes, he lives,” Valery Yuryevich quoted Nikodim Tumanov.

    I noticed that there are not many stands here that have the logo of the 80th anniversary of the Victory. Our stand has one. This year the country celebrated a great anniversary, and that is why we brought to Yekaterinburg one of the symbols of the Victory and the heroism of Leningraders – “Cable of Life”, – emphasized Valery Klimov.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI: Surfshark partners up with MSI to grant more digital perks

    Source: GlobeNewswire (MIL-OSI)

    Surfshark, a cybersecurity company building the most beloved security products for everyone, announces a new partnership with MSI, a leader in gaming and high-performance computing solutions, to provide more digital perks to the members of the MSI Reward Program. Now, the program members can experience a free trial of Surfshark’s most popular VPN subscription plan. 

    “In today’s world, where digital footprints are constantly tracked and data breaches are on the rise, people more than ever seek tools that can help to reclaim digital privacy and strengthen online security. A VPN encrypts internet traffic and masks a person’s IP address, making it more secure to stay online. Therefore, this collaboration brings exciting opportunities for MSI users to enhance their online experience with Surfshark’s security and privacy,” says Justas Pukys, Sr. Product Manager at Surfshark.

    Members of the MSI Reward Program can redeem a free 1-month trial of Surfshark One with just 25 points. The MSI Reward Program is a loyalty platform where MSI users can earn points by registering products, completing tasks, or participating in events, and redeem those points for exclusive gifts, discounts, and digital perks, like Surfshark.

    “We understand how increasingly important online security is to our users,” says Vera Chen from MSI Partnership Alliance Marketing. “This partnership with Surfshark underlines our commitment not only to delivering high-performance hardware and innovation, but also to protecting user privacy and data. Whether gaming, creating content, or tackling demanding workloads, our users can now enjoy peace of mind knowing their internet experience is safeguarded by Surfshark’s leading VPN service.”

    Also, extra perks are provided for shoppers in Europe. Until July 22, 2025, customers who purchase selected items during the MSI summer sale on the MSI Official eShop can enjoy up to 30% off on selected products, and a one-month trial of Surfshark One included with selected MSI products. Special offers are provided for Germany, France, Spain, and Poland.

    For more information, read here.

    ABOUT SURFSHARK

    Surfshark is a cybersecurity company offering products including an audited VPN, certified antivirus, data leak warning system, private search engine, and tool for generating an online identity. Recognized as a leading VPN by CNET and TechRadar, Surfshark has also been featured on the FT1000: Europe’s Fastest Growing Companies ranking. Headquartered in the Netherlands, Surfshark has offices in Lithuania and Poland. For information on Surfshark’s operations and highlights, read our Annual Wrap-up. For information about Surfshark’s previous independent verifications and certifications, visit our Trust Center.

    ABOUT MSI

    MSI (Micro-Star International) is a world leader in gaming, content creation, business & productivity, and AIoT solutions. Operating in over 120 countries, MSI is renowned for its high-quality laptops, desktops, graphics cards, motherboards, monitors, and more. Driven by innovation and a passion for technology, MSI is committed to delivering the best user experiences through cutting-edge R&D, intuitive design, and exceptional product quality. Discover more about MSI at msi.com.

    Attachment

    The MIL Network –

  • MIL-OSI Submissions: Calls to designate the Bishnoi gang a terrorist group shine a spotlight on Canadian security laws

    Source: The Conversation – Canada – By Basema Al-Alami, SJD Candidate, Faculty of Law, University of Toronto

    British Columbia Premier David Eby recently called on Prime Minister Mark Carney to designate the India-based Bishnoi gang a terrorist organization.

    Brampton Mayor Patrick Brown echoed the request days later. The RCMP has also alleged the gang may be targeting pro-Khalistan activists in Canada.

    These claims follow a series of high-profile incidents in India linked to the Bishnoi network, including the murder of a Punjabi rapper in New Delhi, threats against a Bollywood actor and the killing of a Mumbai politician in late 2024.

    How terrorism designations work

    Eby’s request raises broader legal questions. What does it mean to label a group a terrorist organization in Canada and what happens once that label is applied?

    Under Section 83.05 of the Criminal Code, the federal government can designate an entity a terrorist organization if there are “reasonable grounds to believe” it has engaged in, supported or facilitated terrorist activity. The term “entity” is defined broadly, covering individuals, groups, partnerships and unincorporated associations.

    The process begins with intelligence and law enforcement reports submitted to the public safety minister, who may then recommend listing the group to cabinet if it’s believed the legal threshold is met. If cabinet agrees, the group is officially designated a terrorist organization.

    A designation carries serious consequences: assets can be frozen and financial dealings become criminalized. Banks and other institutions are protected from liability if they refuse to engage with the group. Essentially, the designation cuts the group off from economic and civic life, often without prior notice or public hearing.

    As of July 2025, Canada has listed 86 entities, from the Islamic Revolutionary Guard Corps to far-right and nationalist organizations. In February, the government added seven violent criminal groups from Latin America, including the Sinaloa cartel and La Mara Salvatrucha, known as the MS-13.

    This marked a turning point: for the first time, Canada extended terrorism designations beyond ideological or political movements to include transnational criminal networks.

    Why the shift matters

    This shift reflects a deeper redefinition of what Canada considers a national security threat. For much of the post-9/11 era, counterterrorism efforts in Canada have concentrated on groups tied to ideological, religious or political agendas — most often framed through the lens of Islamic terrorism.

    This has determined not only who is targeted, but also what forms of violence are taken seriously as national security concerns.

    That is why the recent expansion of terrorism designations — first with the listing of Mexican cartels in early 2025, and now potentially with the Bishnoi gang — feels so significant.

    It signals a shift away from targeting ideology alone and toward labelling profit-driven organized crime as terrorism. While transnational gangs may pose serious public safety risks, designating them terrorist organizations could erode the legal and political boundaries that once separated counterterrorism initiatives from criminal law.

    Canada’s terrorism listing process only adds to these concerns. The decision is made by cabinet, based on secret intelligence, with no obligation to inform the group or offer a chance to respond. Most of the evidence remains hidden, even from the courts.

    While judicial review is technically possible, it is limited, opaque and rarely successful.

    In effect, the label becomes final. It brings serious legal consequences like asset freezes, criminal charges and immigration bans. But the informal fallout can be just as harsh: banks shut down accounts, landlords back out of leases, employers cut ties. Even without a trial or conviction, the stigma of being associated with a listed group can dramatically change someone’s life.

    What’s at stake

    Using terrorism laws to go after violent criminal networks like the Bishnoi gang may seem justified. But it quietly expands powers that were originally designed for specific types of threats. It also stretches a national security framework already tainted by racial and political bias.



    Read more:
    Canadian law enforcement agencies continue to target Muslims

    For more than two decades, Canada’s counterterrorism laws have disproportionately targeted Muslim and racialized communities under a logic of pre-emptive suspicion. Applying those same powers to organized crime, especially when it impacts immigrant and diaspora communities, risks reproducing that harm under a different label.

    Canadians should be asking: what happens when tools built for exceptional threats become the default response to complex criminal violence?

    As the federal government considers whether to label the Bishnoi gang a terrorist organization, the real question goes beyond whether the group meets the legal test. It’s about what kind of legal logic Canada is endorsing.

    Terrorism designations carry sweeping powers, with little oversight and lasting consequences. Extending those powers to organized crime might appear pragmatic, but it risks normalizing a process that has long operated in the shadows, shaped by secrecy and executive discretion.

    As national security law expands, Canadians should ask not just who gets listed, but how those decisions are made and what broader political agendas they might serve.

    Basema Al-Alami 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. Calls to designate the Bishnoi gang a terrorist group shine a spotlight on Canadian security laws – https://theconversation.com/calls-to-designate-the-bishnoi-gang-a-terrorist-group-shine-a-spotlight-on-canadian-security-laws-259844

    MIL OSI –

  • MIL-OSI Submissions: Northern B.C. shows how big resource projects can strain rural health care

    Source: The Conversation – Canada – By Gary N. Wilson, Professor of Political Science, University of Northern British Columbia

    American tariffs and fears of a prolonged recession have increased calls to expand resource development and infrastructure projects in Canada. The pace and scope of expansion projects like these have major implications for Canada on many levels, including: commitments to environmental sustainability, relations with Indigenous Peoples and the quality of local health services.

    In a study that I conducted with environmental health researcher Barbara Oke in northern British Columbia, we found that major resource projects can strain local health-care services in rural and remote regions. In particular, the influx of workers connected with development projects puts significant pressures on health-care providers. This is especially concerning as local health-care services are already experiencing funding, infrastructure and staff shortages.

    Therefore, it’s critical that government and industry actively consider these pressures when planning new projects.

    Health-care services under pressure

    In recent years, northern British Columbia has been home to some of the biggest capital investment projects in Canada, including a major hydroelectric dam, liquefied natural gas (LNG) facilities, pipelines and mines.

    Our interviews with leaders from Northern Health, the region’s main health-care provider, have highlighted the link between major development projects and the pressures experienced by their health-care system.

    Pressures on the local health-care system mainly stem from the influx of a non-local workforce when compared to the size of the nearest community, and local contexts. The smaller the community, the more vulnerable its health-care system is to additional pressures, especially if capacity challenges already exist.

    How well a project manages its health service impacts clearly matters. When project workers resided in well-managed camps supported by competent onsite medical service providers, the pressures on the local system were less than when workforces did not have adequate accommodation and health supports.

    An older workforce

    Contrary to some popular assumptions that itinerant project workforces consist mainly of young, risk-taking individuals, most workers seeking health-care services were older and managing multiple chronic illnesses or disease risk factors.

    Therefore, most of the pressure on health-care services did not come from what one would consider typical “workplace injuries” but, rather, from workers experiencing injuries and illnesses common within any population.

    One health-care interviewee said: “It’s not that [project workers] are asking for special services, but just having more people needing health care adds to [the] pressure.”

    Emergency departments

    Impacts to the health-care system were felt primarily in the emergency departments of local hospitals and health-care centres.

    Many communities in northern B.C. do not have walk-in clinics and most doctor’s offices are already at patient capacity.

    So if a project does not provide its own on-site medical supports, the only option for workers is to seek care at a local emergency department, which are supposed to respond to urgent issues.

    When staff have to deal with non-urgent needs, such as prescription renewals, sick notes or to manage regular ailments, it compounds the challenges and congestion faced by emergency departments.

    Cumulative impacts on health services

    Beyond emergency departments, industry pressures have cascaded throughout the system, affecting services such as primary care, infectious disease, diagnostic and lab services, and administrative and ambulance transfer services.

    Rising workloads, combined with higher private-sector wages and an industry-driven increase in the cost of living, have made it harder to retain and recruit staff — especially in housekeeping, food services, laundry, administration, ambulance services and care aide roles.

    Several people interviewed noted the consistent and cumulative pressures of projects on the health-care system.

    While the pressures from a single project may seem inconsequential, the impacts from multiple projects in the same area pose a significant challenge to health-care services.

    Balancing resource development and health care

    The strategic and economic value of resource development is difficult to ignore.

    Major infrastructure projects contribute to both local and provincial economies. When managed well, the economic benefits of such projects can positively contribute to community health.

    But when not managed properly, the pressures that major infrastructure projects place on local health-care services can be significant. Therefore, we strongly urge governments and businesses to consider their impacts on overburdened and hard-working health-care providers in rural and remote communities.

    Barbara Oke contributed to this article. She recently completed her Master’s of Arts in Political Science at UNBC.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Northern B.C. shows how big resource projects can strain rural health care – https://theconversation.com/northern-b-c-shows-how-big-resource-projects-can-strain-rural-health-care-256059

    MIL OSI –

  • MIL-OSI Submissions: There are many things American voters agree on, from fears about technology to threats to democracy

    Source: The Conversation – UK – By Emma Connolly, Research Fellow, Digital Speech Lab, UCL

    During his recent public spat with Donald Trump, Elon Musk tweeted a poll asking if a new political party would better represent the 80% of voters in the middle. Hundreds of thousands of people responded and more than 80% answered “yes”.

    The middle is still overlooked in US politics. This is because there is a perception that Republicans and Democrats have nothing in common, and therefore no issue will win support from both centrist Republicans and Democrats.

    Polarisation is problematic as it is linked to “democratic backsliding” – the use of underhand tactics in political processes. Worst of all, it poses a threat to democracy.

    Many think that polarisation is fuelled by echo chambers created on social media platforms. These only expose people to beliefs similar to their own.

    However, I study how narratives emerge on social media, and ways to investigate them. My work has two aims: first, to identify political issues that are likely to cross party lines, and a wider goal of exploring the role of social media in mitigating, rather than exacerbating, levels of polarisation.

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

    Earlier this year, for example, I sorted through 12,000 posts from Republican and Democrat voters on subreddits (online forums discussing specific topics). Using a technique I developed in my PhD research, I analysed attitudes to contested political issues around the time of Trump’s inauguration. Like other researchers, I am finding that there are things both sides often agree on, and that not every issue splits neatly across party lines.

    Pew Research shows what Democrats and Republicans agree on.

    Although it’s a complex topic, people from both parties are worried about levels of free speech on social media. According to my work and other sources, some Democrats accuse TikTok of censoring hashtags such as #FreeLuigi (a reference to Luigi Mangione, accused of murdering UnitedHealthcare CEO, Brian Thompson).

    Meanwhile, some Republicans are saying they are flooded with what they see as left-wing content pushed by the algorithms. Despite their differences, Republicans and Democrats agree that social media platforms need to be more transparent about the way they work.

    Both sides worry about the rise of authoritarianism and the growing negative influence of artificial intelligence in shaping the US’s future. There is a sense among some members of the two parties that the real enemies aren’t each other, but powerful corporations who hold too much power.

    People on both sides of the political divide can be distrustful of tech companies and big businesses, where billionaires have power regardless of who’s in charge. Divisions of “up v down” could be alternatives to seeing divisions as “left v right”.

    Some people are worried about the creation of a massive database of citizens’ details, and how their details could be used, or abused. Recently Republican Marjorie Taylor Greene said she would have opposed Trump’s “big, beautiful, bill”, had she read the AI clause thoroughly. The clause stops states from passing laws to regulate AI systems for the next ten years.

    What do people agree on?

    On the topic of protecting democracy, there are some suggestions that many Republicans and Democrats agree this is important, and under threat. In my study, some Republican and Democrat voters object to the possibility of Trump having a third term, aligning with the findings of several recent polls on the subject, and even among Trump’s most loyal support groups.

    Both Republicans and Democrats want “the best” leaders who could get things done fast and efficiently. But it would appear that people on both sides are concerned about the “slash-and-burn” way that Doge (the Department for Government Efficiency, the new agency tasked with cutting federal spending) is working.

    Also, deciding who is the best leader isn’t always about agreeing with specific policies. Instead, it’s about delivering decisive, efficient action. Even Republicans who don’t back everything Trump is doing say that at least he is doing something, especially in relation to immigration.

    Many Republicans criticise the left, and former Democratic presidential candidate Kamala Harris in particular, but for unclear messaging, as much as any one policy. They (and others) put her loss down to a lack of direction and clarity on key issues (among other things). This probably resulted in failing to win votes from independents and moderate Republicans and many Democrats are frustrated that the party still hasn’t addressed this.

    Research suggests that Democrat and Republican voters often agree that polarisation causes gridlock and prevents progress, but believe voices from the middle are not being heard. Some Republicans and Democrats also share a concern that both parties are more focused on fighting each other than on solving problems, with 86% of Americans believing this.

    Some Republican voters in the posts I am analysing suggest that working together to get things done would be positive, supporting findings from the US and abroad. Other important factors rather than political party, such as religion or family or everyday life experiences can bring people from both sides together.

    So, Americans might not be as divided as one might think. Levels of polarisation feel high but this could be skewed by the extreme views of a minority on both sides. And it isn’t helped by some sensationalist media reporting.

    Lots of people get their news from social media platforms which reward and monetise engagement. Posts that fuel division are often the most visible, but they rarely tell the whole story. Divisive views are also often shared by those who are themselves the most polarised.

    Like Musk’s online poll, research is starting to suggest that there is still a sizeable moderate middle in the US today who are open to compromise through clear messaging. These voters can make all the difference, especially if parties can frame issues in ways that appeal across the divide. With the 2026 midterm elections on the horizon, both sides might want to listen to them more.

    Emma Connolly 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. There are many things American voters agree on, from fears about technology to threats to democracy – https://theconversation.com/there-are-many-things-american-voters-agree-on-from-fears-about-technology-to-threats-to-democracy-258440

    MIL OSI –

  • MIL-OSI United Kingdom: Recovered appeal: land to the south of Longfield Avenue, Fareham (ref: 3347627 – 8 July 2025)

    Source: United Kingdom – Executive Government & Departments

    Correspondence

    Recovered appeal: land to the south of Longfield Avenue, Fareham (ref: 3347627 – 8 July 2025)

    Decision letter and Inspector’s Report for a recovered appeal.

    Applies to England

    Documents

    Recovered appeal: land to the south of Longfield Avenue, Fareham (ref: 3347627 – 8 July 2025)

    PDF, 1.99 MB, 161 pages

    This file may not be suitable for users of assistive technology.

    Request an accessible format.
    If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email alternativeformats@communities.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

    Details

    Decision letter and Inspector’s Report for a recovered appeal for outline planning permission for:

    • up to 1,200 new homes (C3)
    • 80 bed care homes (C2)
    • a new 2 form entry primary school (D1)
    • a local centre to comprise flexible commercial floorspace (A1, A2, A3 and A5 up to 800 square metres), and Community Centre and Health Care Facility (D1 use up to 700 square metres)
    • the formation of new means of access onto Longfield Avenue and Peak Lane
    • new open space including the laying out of a new country park and sports facilities
    • drainage infrastructure
    • walking and cycling infrastructure and other associated infrastructure works

    Updates to this page

    Published 8 July 2025

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    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Mini-exhibition aiming to create buzz around value of meadows

    Source: Scotland – City of Perth

    Through funding from the UK Government Prosperity Fund, Tayside Biodiversity Partnership commissioned Edinburgh-based environmental artist Natalie Taylor to create a new work raising awareness about the importance of nurturing wildflower meadows.  

    Workwear for Pollinators is a small but striking collection of re-imagined workwear designed to be worn while tending meadows and inspired by the pollinators who depend on them. This collection reimagines garments as tools for ecological care—functional pieces created for those restoring biodiversity one wildflower at a time. Drawing direct inspiration from nature’s own palette, the designs bloom with vibrant wildflowers, soft grasses, and the delicate shapes of rarely seen insect species. 

    The apron and boilersuit were created in collaboration with Auchterarder Churches Together Craft Group, Parkdale Care Home, New Rannoch Day Centre and participants at The Workshop in Perth, and feature contact prints of Scottish wildflowers gathered in Summer 2024, and lifesize handmade pollinators – knitted bees and printed butterflies, dragonflies and moths. 

    The exhibition launched at Auchterarder Library on Saturday 5 July (UK National Meadows Day) and is on display there until Wednesday 9 July, then touring to the AK Bell Library in Perth between Thursday 10 and Friday 18 July, and Blairgowrie Library from 18 July to Friday 1 August. The AK Bell Library will also host a free Pollinator Patch drop-in workshop on 10 July from 1pm to 3pm where participants can create their own pollinator critters. For more information, visit the Culture Perth and Kinross website at: https://www.culturepk.org.uk/event/mini-craft-session-woolly-meadow-critters/. 

    Climate Change & Sustainability Convener, Councillor Richard Watters said: “Appropriately opened on UK National Meadows Day, this exhibition reflects the importance of redeveloping our native meadows for the local environment and biodiversity.  

    “The project has been a real community effort with local groups working alongside the artist Natalie Taylor to create the workwear and I hope it and the allied events will encourage increased awareness of habitat loss and how we can all play our part to change this.” 

    MIL OSI United Kingdom –

  • MIL-OSI Canada: Ding! Scammers are hiding in your text messages

    Source: Government of Canada News (2)

    July 8, 2025 – GATINEAU (Québec), Competition Bureau

    Phones are constantly buzzing, and scammers know the easiest way to you is through your text messages.

    Lately, many people are seeing more text messages from unknown numbers, saying things like “Unpaid highway toll detected on your vehicle. Pay now to avoid fines.” or “We’ve detected suspicious activity on your account – verify now”. Be on the lookout: it could be a common scam known as smishing.

    What is smishing?

    Smishing is a type of scam where fraudsters send text messages pretending to be trusted businesses, government agencies, or even people you know. They try to trick you into clicking malicious links or sharing sensitive information like passwords or credit card numbers. Their goal is to steal your personal data or money.

    Warning signs

    Be cautious of text messages if:

    • it comes unexpectedly from an unknown number
    • it asks for personal info or requests you click a link
    • it creates a sense of urgency
    • it claims they are from a trusted business or bank to appear legitimate

    Protect yourself

    Take these steps to prevent becoming a victim:

    • Verify the sender by contacting them through another medium, like the phone number on the official website
    • Never click on suspicious links
    • Delete smishing messages and block the number
    • Ignore texts even if they ask to reply with “STOP” or “NO”
    • Flag spam texts by forwarding them to 7726 (SPAM), helping your cellular provider investigate further
    • Report suspicious texts. If you believe you’ve come across smishing, report it to Canadian Anti-Fraud Centre

    MIL OSI Canada News –

  • MIL-OSI USA: IAM Union Members at Arrow Gear Ratify Strong Contract After 9 Weeks on Strike

    Source: US GOIAM Union

    DOWNERS GROVE, Ill., July 7, 2025—After an intense nine-week strike, approximately 118 IAM Union Local 701 members at Arrow Gear in Downers Grove, Ill., have overwhelmingly ratified a new three-year agreement that delivers major victories, including significant economic gains and critical improvements to working conditions. The hard-fought contract also includes substantial increases to sick leave, stronger job protections, and more respectful terms on the shop floor.

    “The strength, solidarity, and determination of our members was truly unmatched,” said IAM Union Local 701 Directing Business Representative Mark Grasseschi. “They stood together for over nine weeks, fought for what they deserve, and made it clear that they would not settle for anything less than a fair and dignified contract. This contract gives our members the respect and dignity they deserve.”

    The strike, which began on May 5, centered around issues of job security, fair wages, healthcare, and workplace respect. IAM members at Arrow Gear are essential to the aerospace and defense industries, took a stand for a contract that reflected their value and hard work.

    Key gains in the new agreement include:

    • Job Security: Stronger protections against outsourcing, with the company committing to keep key work in-house.
    • Stability: A fair attendance policy that takes into account personal circumstances like injuries outside of work.
    • Respect: A commitment from the company to open, respectful communication.
    • Seniority Rights: Clear departmental homes and seniority-based job security, ensuring members’ rights are protected after years of dedicated service.

    “After nine weeks of unwavering solidarity, our members have secured a contract they can be proud of,” said IAM Union Midwest Territory General Vice President Sam Cicinelli. “Their fight was not just for themselves, but for all Illinois workers. We are grateful for the community’s support and our labor allies who stood with us during this critical time.” 

    The post IAM Union Members at Arrow Gear Ratify Strong Contract After 9 Weeks on Strike appeared first on IAM Union.

    MIL OSI USA News –

  • MIL-OSI USA: IAM Union Members at Arrow Gear Ratify Strong Contract After 9 Weeks on Strike

    Source: US GOIAM Union

    DOWNERS GROVE, Ill., July 7, 2025—After an intense nine-week strike, approximately 118 IAM Union Local 701 members at Arrow Gear in Downers Grove, Ill., have overwhelmingly ratified a new three-year agreement that delivers major victories, including significant economic gains and critical improvements to working conditions. The hard-fought contract also includes substantial increases to sick leave, stronger job protections, and more respectful terms on the shop floor.

    “The strength, solidarity, and determination of our members was truly unmatched,” said IAM Union Local 701 Directing Business Representative Mark Grasseschi. “They stood together for over nine weeks, fought for what they deserve, and made it clear that they would not settle for anything less than a fair and dignified contract. This contract gives our members the respect and dignity they deserve.”

    The strike, which began on May 5, centered around issues of job security, fair wages, healthcare, and workplace respect. IAM members at Arrow Gear are essential to the aerospace and defense industries, took a stand for a contract that reflected their value and hard work.

    Key gains in the new agreement include:

    • Job Security: Stronger protections against outsourcing, with the company committing to keep key work in-house.
    • Stability: A fair attendance policy that takes into account personal circumstances like injuries outside of work.
    • Respect: A commitment from the company to open, respectful communication.
    • Seniority Rights: Clear departmental homes and seniority-based job security, ensuring members’ rights are protected after years of dedicated service.

    “After nine weeks of unwavering solidarity, our members have secured a contract they can be proud of,” said IAM Union Midwest Territory General Vice President Sam Cicinelli. “Their fight was not just for themselves, but for all Illinois workers. We are grateful for the community’s support and our labor allies who stood with us during this critical time.” 

    The post IAM Union Members at Arrow Gear Ratify Strong Contract After 9 Weeks on Strike appeared first on IAM Union.

    MIL OSI USA News –

  • MIL-OSI: The world’s leading cloud mining brand: BJMining launches a new cloud mining guide

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 08, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin stabilizes above $108,000, the entire crypto market is showing a positive recovery trend. Data shows that global investors are gradually shifting from high-risk, high-volatility cryptocurrency speculation to a more sustainable, low-threshold long-term mining income model. As the world’s leading green cloud mining platform, BJMining is taking advantage of the opportunity to launch a new user guide to help ordinary users easily open a new era of passive income from digital assets.

    What is BJMining?

    Founded in 2015, BJMining is a global intelligent cloud mining platform headquartered in the UK. The platform is committed to transforming the traditional complex mining machine construction into a one-stop cloud service, and through AI scheduling system and green energy mines, it provides safe, convenient and high-yield mining solutions for more than 5 million users worldwide.

    BJMining CEO: “Turning mining into a daily income tool for people around the world”

    William Thomas, CEO of BJMining, said: “Cloud mining should no longer be exclusive to the technical elite. Our mission is to create a safe, green, barrier-free long-term income solution for users around the world. The launch of this new guide will further lower the threshold for user participation and help everyone enjoy the dividends of the digital economy.”

    Six core highlights: How BJMining redefines the “mining experience”

    • Register now to enjoy $15 cloud newcomer bonus, truly zero-cost trial mining:
      Users can get a $15 new member reward by registering. They can receive $0.6 in income every day without recharging, and easily experience the real mining process.
    • AI intelligently allocates the best-yield mining machine, no operation required:
      The AI ​​algorithm independently developed by the platform will automatically analyze the real-time currency price, difficulty, and popularity, and dynamically switch to mining assets with the best returns, covering BTC, DOGE, ETH, LTC and other currencies.
    • Global green energy layout to achieve 100% carbon neutrality:
      BJMining has deployed multiple solar- and wind-powered data centers in North America, Europe, Latin America, and the Middle East. All mining machines are powered by renewable energy, ensuring both environmental protection and high efficiency.
    • Diversified contracts can be freely configured to meet different user strategies:
      The platform contracts range from short-term contracts of 2 days to long-term contracts of 45 days, which can meet the diverse needs of miners from novices to experienced miners. Users can combine their positions at any time to optimize the mining income structure.
    • Powerful App management system, income withdrawals are instantly credited to your account:
      BJMining App is now available on both iOS and Android platforms, supporting real-time contract tracking, wallet binding and one-click withdrawal of earnings, with an average withdrawal time of less than 60 seconds.
    • High referral rewards:
      3% for direct referrals and 2% for indirect referrals, with no upper limit on earnings.

    Investor behavior changes: from cryptocurrency speculation to stable mining

    More and more long-term holders of XRP, SOL, ETH, etc. have begun to abandon high-volatility intraday operations and instead choose low-intervention, continuous-yield cloud mining platforms like BJMining as the core way to preserve and increase the value of their assets.

    User feedback shows that BJMining’s medium- and long-term contracts can bring stable returns of up to thousands of dollars per day, especially when the currency price fluctuates or goes sideways, showing strong risk resistance.

    Some of the hot-selling contracts are as follows:

    • WhatsMiner M50S+：Invest $100 for 2 days, total net income is $106;
    • WhatsMiner M60S++：Invest $600 for 7 days, total net income is $652.50;
    • Avalon Miner A1566：Invest $1200 for 15 days, total net income is $1434;
    • WhatsMiner M66S+：Invest $5800 for 30 days, total net income is $8410;
    • Antminer L7：Invest $12000 for 40 days, total net income is $20160;
    • Antminer S21e XP Hyd：Invest $27000 for 45 days, total net income is $48870;

    (All contracts are automatically scheduled by AI, settled daily, and can be flexibly withdrawn)

    Global layout upgraded again, future development blueprint exposed

    In order to serve more users, BJMining will launch the following strategic modules:

    • XRP chain-specific smart mining contracts and cross-chain mining machine adaptation technology
    • Green computing power NFT certification system, showing carbon neutrality footprint online
    • Multi-currency stable income pool, integrating DOGE, BTC, and XRP for joint mining
    • Web3 wallet one-click binding mechanism improves user on-chain asset management experience

    Conclusion:

    As a global green and compliant cloud mining brand, BJMining not only provides new users with a $15 new user bonus, but also opens a new path to financial freedom for everyone in the world. No equipment, no professional knowledge, no need to deal with the drastic fluctuations in the currency market, truly realizing “passive income in the cloud”.

    Register a BJMining account now, receive a $15 new member reward, and start your own mining journey!

    Official website address: https://bjmining.com
    Official email: info@bjmining.com

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

    The MIL Network –

  • MIL-OSI: XAVIER DEROT APPOINTED DEPUTY CHIEF EXECUTIVE OFFICER OF MOBILIZE FINANCIAL SERVICES

    Source: GlobeNewswire (MIL-OSI)

    July 3rd, 2025  

    PRESS RELEASE

    XAVIER DEROT APPOINTED DEPUTY CHIEF EXECUTIVE OFFICER OF MOBILIZE FINANCIAL SERVICES

    Martin Thomas, Chief Executive Officer of Mobilize Financial Services, has announced the appointment of Xavier Derot as Deputy CEO, effective July 1, 2025. This appointment is subject to the approval of the European Central Bank. 

    Xavier Derot, currently VP, Sales and Operations and a member of the Executive Committee of Mobilize Financial Services since September 1, 2024, will take up the role of Deputy CEO alongside Vincent Gellé, starting July 1, 2025. 

    This second appointment aims to strengthen the bank’s governance. 

    About Xavier Derot 

    Xavier Derot, 52, began his career at RCI Banque in 2000 as Head of International Development. 
    A graduate of the Grenoble Graduate School of Business in 1994, he held various positions within RCI Banque, both internationally in three different countries and in corporate functions. 
    Among these roles, he notably managed the bank’s relationship with Nissan from 2006 to 2010 and served as Regional Operations Director for RCI Banque’s G10 and Euromed subsidiaries. 
    Abroad, Xavier served as Managing Director of the German subsidiary and then of RN Bank Russia—the joint venture between RCI Bank-Nissan and UniCredit in Russia—between 2013 and 2022. Since October 2022, Xavier has held the position of International Director of Mobilize Financial Services, overseeing operations in 12 countries within the Group. 
    Since September 1, 2024, he has served as VP, Sales and Operations on the Executive Committee of Mobilize Financial Services. 
    Xavier is married and has two children. 

    Contact

    About Mobilize Financial Services    
    Attentive to the needs of all its customers, Mobilize Financial Services, a subsidiary of Renault Group, creates innovative financial services to build sustainable mobility for all. Mobilize Financial Services, which began operations over 100 years ago, is the commercial brand of RCI Banque SA, a French bank specializing in automotive financing and services for customers and networks of Renault Group, and also for the brands Nissan and Mitsubishi in several countries. 
    With operations in 35 countries and over 4,000 employees, Mobilize Financial Services financed more than 1,2 million contracts (new and used vehicles) in 2023 and sold 3,7 million service contracts. At the end of December 2024, average earning assets stood at 61 billion euros of financing and pre-tax earnings at 1 194 million euros.
    Since 2012, the Group has deployed a deposit-taking business in several countries. At the end of December 2024, net deposits amounted to 30,5 billion euros, or 50 % of the company’s net assets.    
    To find out more about Mobilize Financial Services: www.mobilize-fs.com/   

    Attachment

    The MIL Network –

  • MIL-OSI: Solomon Partners Hires Jonathan Hemmert as a Partner to Build a Dedicated Professional Services Group

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — Solomon Partners, a leading financial advisory firm and independent affiliate of Natixis, today announced that Jonathan Hemmert joined the firm as a Partner in its newly formed Professional Services Group. With over 20 years of experience, Mr. Hemmert brings deep expertise to Solomon. In this role, he will serve clients within the Professional Services space, focusing on Human Capital businesses, including specialized broker-dealers and consulting firms.

    Previously, Mr. Hemmert was a Managing Director at Keefe, Bruyette & Woods (KBW), where he led the firm’s efforts across the broker-dealer and specialty advisory space. His notable transaction experience includes the sale of Battea-Class Action Services to SS&C Technologies, Aviditi Advisors to Piper Sandler, Triago to Houlihan Lokey, CRC-IB by CohnReznick to Canaccord Genuity, DBO Partners to Piper Sandler, Capstone Partners to Mizuho, and DH Capital to Citizens Financial. Mr. Hemmert graduated summa cum laude with a BA from Bucknell University.

    “Jonathan has an exceptional track record of advising clients across the Professional Services landscape,” said Marc Cooper, CEO of Solomon Partners. “His deep industry expertise and commitment to clients make him a perfect addition to our growing team.”

    “I look forward to joining Solomon’s growth-oriented platform. The firm’s entrepreneurial and client-centric culture will resonate with the core client base across the Professional Services and Human Capital sectors,” Mr. Hemmert commented. “The professional services landscape is evolving fast. The influx of institutional capital is going to accelerate and broaden the scope of M&A activity, and we will continue to be at the forefront of this marketplace.”

    About Solomon Partners

    Solomon Partners is a leading investment bank – one of the first independent firms in the industry. We maximize shareholder value for our clients through our unmatched expertise and experience. We advise on mergers & acquisitions, restructurings and capital solutions across a range of sectors including Business Services; Consumer Retail; Distribution; Financial Institutions; Financial Sponsors; Fintech; Grocery, Pharmacy & Restaurants; Healthcare; Industrials; Infrastructure, Power & Renewables; Media & Entertainment; Professional Services; and Technology. Solomon Partners is an independently operated affiliate of Natixis, part of Groupe BPCE. For further information, visit solomonpartners.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0b7fcbf4-e248-4cd0-8a69-d4df798c7ffc

    The MIL Network –

  • Novartis wins approval for first malaria drug for newborns and babies

    Source: Government of India

    Source: Government of India (4)

    Novartis said on Tuesday it had received approval in Switzerland for Coartem Baby, which it said was the first drug to treat malaria in babies and very young children.

    Eight African countries who participated in the assessment are now expected to issue quick approvals for the treatment, which is also known as Riamet Baby in some countries.

    Novartis launched Coartem to treat malaria in 1999, with a new dose strength now designed for small babies.

    The treatment was developed with scientific and financial support from Medicines for Malaria Venture (MMV), a Swiss non-profit group working to deliver medicines to treat, prevent and eliminate the disease that is spread by mosquitoes.

    The new infant version of Coartem is dissolvable, including in breast milk, and has a sweet cherry flavour to make it easier to administer.

    Until now, there has been no approved malaria treatment for infants weighing less than 4.5 kilograms (9.9 pounds), leaving a treatment gap, Novartis said.

    Currently available malaria treatments have only been tested in children at least six months old, because the very young are usually excluded from treatment trials.

    Previously, infants have used formulations meant for older children, increasing the risk of overdose. Malaria vaccines are also not approved for the youngest babies.

    The eight countries that took part in the assessment were Burkina Faso, Ivory Coast, Kenya, Malawi, Mozambique, Nigeria, Tanzania and Uganda.

    Around 30 million babies are born in areas of malaria risk in Africa every year, with one survey across West Africa reporting infections ranging between 3.4% and 18.4% in infants younger than six months old, Novartis said.

    The treatment will be distributed on a largely not for profit basis, Novartis said.

    “Together with our partners, we are proud to have gone further to develop the first clinically proven malaria treatment for newborns and young babies, ensuring even the smallest and most vulnerable can finally receive the care they deserve,” said Novartis CEO Vas Narasimhan.

    -REUTERS

  • MIL-OSI United Kingdom: Partners welcome Haxby Station announcement

    Source: City of York

    Work to build a new station at Haxby has taken a major step forward after funding was confirmed by the Department for Transport.

    Working in partnership with Network Rail and the Department for Transport (DfT), City of York Council have been striving to fulfil a decades-long ambition to bring a railway station back to Haxby.

    The original Haxby Station closed in 1930 and project partners are progressing plans to bring a station back to the area, reconnecting neighbourhoods in the north of York to the rail network, increasing sustainable travel options and improving connections to towns and cities across the country.

    The scheme was included in Yorkshire’s Plan for Rail – submitted to the Government in May – after the Mayor of York and North Yorkshire, David Skaith, identified it as a key priority for the region’s rail network in order to improve journeys and drive growth.

    A planning application was submitted in 2024, with images showing what the station could look like in the future, with a fully accessible footbridge with lifts and steps connecting the two platforms, bike shelters, a 154-space car park (including EV charging), taxi rank and a bus stop. Shared-use paths will connect the station to residential areas of Haxby for those travelling to the station as pedestrians or by cycle.

    Partners on the project have welcomed the news:

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

    “We welcome today’s significant investment in York and our wider region.

    We’ve been working hard to secure the funding for Haxby Station that will allow this important project to get started. We’ve been working with Network Rail and a range of other partners, the council itself has committed £4m to the project to help make the ambition of the new station a reality.

    “Haxby hasn’t had a station since the 1930’s and bringing one back has the potential to be an economic game changer for the north of our city and other places on this important line, like Scarborough. The new station will help people commute to work and school or have a day out in one of the many places on the TransPennine route and beyond. All while travelling sustainably.

    “With more homes being built across the city, this station is needed more than ever. It will take some pressure off the Outer Ring Road and reduce car journeys from the area into the city centre, helping to ease congestion on our roads, making it easier for everyone to get around.

    “The project still needs planning approval and we are following that process through, but this funding certainty is a welcome step forward for a project long in the making.”

    Chris Wright, senior sponsor for Network Rail, said:

    This is an important milestone for the Haxby station project, which will reconnect the local community to the rail network for the first time in almost a century.

    “The new station will provide better connections across the region and beyond, supporting sustainable travel options for local residents and visitors alike. We look forward to continuing our close partnership with all stakeholders as we progress through the planning process and work towards making this long-awaited station a reality.”

    The Mayor of York and North Yorkshire, David Skaith, said:

    Not only will residents benefit from a new station, faster journeys and better connections, Haxby Station will unlock opportunities for new homes and economic growth along the entire York to Scarborough corridor.

    “The scheme was one of our key priorities in the Yorkshire Plan for Rail we submitted to Government in May. This investment is clear recognition of the potential of the new station to drive growth and ease congestion by offering a new option for travel.

    “Once complete, 20,000 people will live within 3km of the station, benefiting from better access to jobs and opportunities.

    “I’m looking forward to working with the Government, City of York Council and Network Rail to ensure Haxby Station becomes part of an accessible, connected transport network serving York and North Yorkshire.”

    The planning application is in the planning process and is subject to a planning decision.

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Tatyana Golikova greeted the participants of the 10th All-Russian Forum of State Labor Inspectors

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    Deputy Prime Minister Tatyana Golikova addressed the participants of the 10th All-Russian Forum of State Labor Inspectors with a video greeting.

    Video greeting from Tatyana Golikova to the participants of the 10th All-Russian Forum of State Labor Inspectors.

    15 hours ago

    From the transcript:

    Dear colleagues!

    I am pleased to welcome the participants and guests of the tenth anniversary All-Russian Forum of State Labor Inspectors.

    Over the years of its existence, the forum has become a unique platform for dialogue, professional training and the formation of new approaches to solving the most important social task of the state – protecting the labor rights of citizens.

    And here the main role is played by the federal labor inspection system, which has changed significantly over the past period.

    Rostrud was one of the first supervisory bodies to test the use of a risk-oriented approach, checklists and a prevention system – all of these developments were subsequently taken into account in the federal law on supervision, according to which all supervisory bodies now operate.

    The introduction of innovative principles has made it possible to achieve quite significant results.

    Thus, over the past 12 years, the level of industrial injuries has decreased by a third. The amount of wage arrears has decreased more than threefold. Last year alone, largely due to the implemented algorithm of interaction with employers without inspections, workers received their due payments in the amount of over 5.6 billion rubles. According to the results of last year, the rights of more than 367 thousand working citizens were restored. In accordance with the demands of labor inspectors, wages in the amount of over 14 billion rubles were paid.

    These figures represent the well-being of our citizens. And largely thanks to your work, sensitive, caring approach to solving problems that arise for workers, the sphere of labor relations remains stable.

    But of course, we can’t stop there.

    Today, you are faced with new challenges: the development of risk management systems, services for preventing violations of mandatory requirements, risk indicators as the main control tool and, of course, the digitalization of control activities, including the introduction of remote supervision elements.

    These are not easy tasks, but their solution will allow us to qualitatively improve the efficiency of labor supervision. Make it precise and targeted.

    I am confident that within the framework of the forum you will be able to exchange best practices, discuss existing problems and find solutions, and develop new approaches to organizing control and supervisory activities.

    You will become the conductors of the innovative ideas being implemented, and it is up to you to determine how flexible, fair and effective the system of control and prevention of labor relations will be.

    Participation of our foreign colleagues in the forum has become a good tradition. I hope that the forum will allow you to get acquainted with new approaches in the work of Russian inspectors, exchange experiences, and also improve the level of professional skills and competencies.

    I wish you all successful work.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: The Department of Construction Materials Technology and Metrology has developed methods to improve the fire safety of concrete

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University of Architecture and Civil Engineering –

    An important disclaimer is at the bottom of this article.

    Associate Professor of the Department of Construction Materials Technology and Metrology Dmitry Panteleev completed the research work “Crack resistance of dispersion-reinforced concrete after high-temperature heating” as part of the grant competition for the implementation of research work by scientific and pedagogical workers of SPbGASU in 2025.

    Every year in Russia there are many fires in buildings and structures. Their number can be reduced by increasing the requirements for the structural safety of buildings. For this, when designing, in addition to calculating the load-bearing structure for strength, it is also necessary to carry out a fire resistance calculation to guarantee the preservation of the load-bearing capacity in fire conditions for a specified time.

    In case of fire, high fire resistance of building structures is a guarantee not only of the structural integrity of the building, but also of the safety of people. After the fire starts to affect the structure, concrete can explode, breaking off from the heated surface in plates. Pieces of peeling concrete fly off with a bang to a distance of up to 10 m.

    During the research, fibre-reinforced concrete compositions were designed and manufactured, followed by determination of their properties after exposure to high-temperature heating.

    It was found that the use of steel fiber can increase the crack resistance and fracture toughness of concrete structures, thereby making them safer in the event of a fire, while the use of synthetic microfiber helps to avoid explosive destruction.

    As a result of the research, effective versions of fiber concrete were developed using high-modulus steel and low-modulus synthetic fibers to obtain highly fire-resistant concrete, to increase their technical and economic efficiency, reliability and operational safety of building and structure structures.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Shanghai Welcomes Pushkin: Special Exhibition Introduces Chinese to Russian Poet

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    SHANGHAI, July 8 (Xinhua) — A special exhibition titled “Great Poet, Pride of the Nation – A.S. Pushkin and Eastern Repercussions” opened at the China Printing and Publishing Museum in Shanghai on Monday.

    The event presents more than one hundred exhibits from the collection of the All-Russian Museum of A.S. Pushkin, which provide a comprehensive overview of the creative path of Alexander Pushkin and the dissemination of his works in China over more than 100 years. Many of them were imported to China for the first time and shown to the country’s residents.

    The exhibition consists of three parts dedicated to the poet’s biography, his classical works, and his connection with China. Pushkin’s study in the Mikhailovskoye estate, where the Russian poet created the historical drama “Boris Godunov” and other famous lyric poems, was recreated on site.

    The exhibition also features valuable works of art created by Russian artists from the late 19th to the early 21st century, such as Ilya Repin’s painting “The Duel of Onegin and Lensky,” Alexander Benois’s illustrations for “The Bronze Horseman,” and Vladimir Favorsky’s illustrations for “Boris Godunov.”

    In addition, the exhibition pays great attention to the dissemination of the Russian poet’s works and their influence in China, and presents rich literary sources, including a copy of the Shiu Bao newspaper, in which, as is known, A.S. Pushkin was first mentioned in China.

    At the same time, the exhibition also displays manuscripts and personal collections of Chinese translators, which have become important evidence of Sino-Russian literary exchanges. Among them are works and translations by Ge Baoquan, Wang Zhiliang, Feng Chun, as well as the Pushkin Medal awarded to Liu Wenfei and his award certificate.

    Museum visitors can use an interactive device to receive commemorative postcards printed with poems such as “If Life Deceives You…,” translated by Ge Baoquan, Feng Chun and Liu Wenfei.

    The exhibition opened to the public on Tuesday and runs until October 9.

    Shanghai has an inseparable connection with Pushkin. Let us recall that at the beginning of the 20th century, Pushkin’s novel “The Captain’s Daughter” was translated into Chinese and published in Shanghai. This novel became the first work of Russian literature translated into Chinese and published as a separate book, which, according to some scholars, marked the beginning of the translation and dissemination of Russian literature in China.

    Moreover, in one of the squares of the Chinese metropolis there is a monument to the great Russian poet, which was originally erected in early February 1937, restored in February 1947 and reconstructed in August 1987. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Measures will be tough – the Central Bank warned banks against imposing conditions on deposits

    Translation. Region: Russian Federal

    Source: Mainfin Bank –

    An important disclaimer is at the bottom of this article.

    Why did complaints arise about additional conditions for deposits?

    Russian investors complain about the behavior banks, which lure customers with higher rates, but require a number of actions to be taken to obtain generous terms. Among the banks that have requirements for high rates on deposits:

    Yandex Bank – the 21% rate is valid only with the Plus subscription and once for 62 days;
    VTB – 21.5% for 3 months, available only with MiXX subscription;
    Sovcombank – a surcharge to the deposit rate of up to 4% is provided for purchases using the “Halva” card with the “Ten” subscription;
    MTS Bank – the maximum rate is provided for card transactions over 90 thousand rubles per month;
    Sberbank – the best conditions apply to “new money” that has not been stored in accounts for more than two months, as well as when connecting a subscription.

    “It is becoming increasingly difficult to simply open a deposit – clients have to study a ton of conditions and meet dozens of criteria in order to receive a favorable interest rate: at the same time, the increased rates are valid for a limited period,” the expert noted.

    Banks require depositors to connect paid subscriptions, turnover on cards, keep certain balances, receive salaries into an account – it is much more difficult to calculate the real profitability of such deposits, not to mention convenience and transparency for the client.

    How does the Central Bank of the Russian Federation plan to combat the imposition of conditions on deposits?

    The Bank of Russia is closely monitoring the situation on the savings products market – credit institutions have been recommended to honestly inform citizens about the terms and conditions and to abandon the practice of putting forward numerous requirements to receive a higher rate. If the recommendations are not followed, the regulator will have to develop amendments to the legislation or create a banking standard to restore order in the industry.

    Let us recall that the high key rate has led to a surge in the popularity of deposits – this year, balances on individuals’ accounts have grown by 6%, amounting to over 61 trillion rubles: by the end of the year, the figure could reach 70 trillion rubles. However, after the key rate was reduced (from 21 to 20%), banks began to massively revise the terms of deposits for the worse, but the demand for deposits and savings accounts remains high.

    12:00 08.07.2025

    Source:

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: Railway financial scheme approved

    Source: Hong Kong Information Services

    The Transport & Logistics Bureau and the MTR Corporation have executed the Part 1 Project Agreement, subsequent to the approval of the financial arrangement for Part 1 of the Northern Link (NOL) Project by the Chief Executive in Council today.
     
    Supported by an independent checking consultant, the Government critically examined the financial estimates provided by the corporation in relation to Part 1 of the NOL Project, and verified that the capital cost estimate is about $31.4 billion (in July prices).
     
    Noting that the NOL Project embodies significant strategic value, the Government said that it has decided to make major breakthroughs to enhance the project’s speed and efficiency.
     
    It explained that it would take forward the project through a holistic planning and staged implementation strategy, planning the NOL Spur Line in combination with the NOL Main Line as one project to achieve synergies and realise cost savings.
     
    The project would be implemented under a two-part approach to expedite progress. The execution of the Part 1 Project Agreement at this juncture could propel the project forward immediately, and in parallel carry out the detailed planning and design as well as statutory procedures for the NOL Spur Line.
     
    In the spirit of innovating continuously, the Government is pursuing various strategies for reducing cost and accelerating project delivery, which would be implemented as soon as possible.
     
    Such strategies include leveraging Mainland approaches and capabilities in construction on account of the cross-boundary element of the project, and setting up a dedicated team in the Highways Department to handle building submissions in a manner to streamline the overall project workflow and expedite procedures.
     
    These initiatives will not only improve the construction efficiency of the cross-boundary NOL Spur Line, but may also benefit the NOL Main Line to a certain extent, the Government said.
     
    By adopting a result-oriented mindset, the construction efficiency will also be improved with railway-related Mainland standards, practices and resources, substantially bringing forward the planning of the NOL Spur Line.
     
    The target is to commission the NOL Spur Line together with the NOL Main Line by 2034 or earlier, which is about two years earlier than what was originally envisaged, the Government added.
     
    The Chief Executive in Council approved the grant of sites at Kam Sheung Road Station Phase 2; Fanling North Area 13 (East) and Area 16; Kwu Tung North Area 22 (East), Area 26 (West), Area 14 and Area 15; as well as San Tin Area 4D, Area 6A and Area 2A to the MTR Corporation for residential and commercial development under the “Rail-plus-Property” model.
     
    A total fixed lump sum of $39.05 billion, in money-of-the-day prices, would be deducted from the full market value land premium of the sites assessed on a “with-railway” basis in the future as funding support to the corporation in implementing Part 1 of the NOL Project.
     
    The execution of the Part 1 Project Agreement today would immediately kick-start works that are more ready and time-critical, including the civil and structural works of two sections of the NOL Main Line from the Kam Sheung Road Station to the intersection with the approach tunnels to Ngau Tam Mei Depot and from the San Tin Station to the Kwu Tung Station.
     
    The MTR Corporation is required to carry out the detailed planning and design of the NOL Spur Line simultaneously, including statutory procedures relating to the environmental impact assessment and railway scheme gazettal, and strive for completion as early as possible.

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Two California Residents Plead Guilty in Connection with $16M Hospice Fraud Scheme and Money Laundering Scheme

    Source: US State Government of Utah

    Two California residents pleaded guilty yesterday in connection with their roles in defrauding Medicare of nearly $16 million through sham hospice companies and to laundering the proceeds of the fraud as part of a multi-year scheme.

    According to court documents, Karpis Srapyan, 35, of Winnetka, California, conspired with others, including co-defendants Petros Fichidzhyan and Juan Carlos Esparza, to bill Medicare for hospice services that were not medically necessary and never provided. To conduct their fraudulent scheme, they used a series of four sham hospice companies: one owned by Esparza and the other three owned by foreign nationals but controlled by the defendants. Srapyan and his co-defendants concealed the scheme by using foreign nationals’ personal identifying information to open bank accounts, submit information to Medicare, and sign property leases. They also misappropriated names and other identifying information of several doctors, two of whom were deceased, to fraudulently bill Medicare for purported hospice services. In total, Medicare paid the fake hospice companies nearly $16 million.

    Fichidzhyan, Esparza, and Srapyan worked with others to launder the fraudulent proceeds from their hospice scheme. Susanna Harutyunyan, 39, of Winnetka, was aware that her husband and co-defendant Mihran Panosyan was involved in illegal activity with Srapyan and Fichidzhyan. As part of the money laundering scheme, Harutyunyan and her co-defendants maintained fraudulent identification documents, bank documents, checkbooks, and credit and debit cards in the names of purported foreign owners in the residence where she and Panosyan lived and another residence that was owned in her name. Srapyan conducted dozens of financial transactions, totaling approximately $3.2 million, moving funds between accounts in the names of the sham hospice companies, accounts in the names of foreign nationals that were controlled by the defendants, and other accounts involved in the money laundering scheme. Harutyunyan knowingly spent fraudulent proceeds on personal expenses, including payments for a BMW automobile.

    Srapyan pleaded guilty to conspiracy to commit health care fraud and money laundering and is scheduled to be sentenced on Oct. 6. He faces a maximum penalty of 20 years in prison. Harutyunyan pleaded guilty to money laundering and is scheduled to be sentenced on Nov. 17; she faces a maximum penalty of 10 years in prison. A federal district court judge will determine their sentences after considering the U.S. Sentencing Guidelines and other statutory factors. Harutyunyan faces deportation.

    Co-defendant Petros Fichidzhyan previously pleaded guilty to health care fraud, aggravated identity theft, and money laundering. In May, Fichidzhyan was sentenced to 12 years in prison. Co-defendant Mihran Panosyan pleaded guilty to money laundering in June and is scheduled to be sentenced Sept. 8. Co-defendant Juan Carlos Esparza’s change of plea hearing is scheduled for July 14.

    The guilty pleas today are the most recent convictions in the Justice Department’s ongoing effort to combat hospice fraud in the greater Los Angeles area. Last year, a doctor was convicted at trial for his role in a scheme to bill Medicare for hospice services patients did not need, and two other defendants were sentenced for their roles in a hospice fraud scheme.  

    Matthew R. Galeotti, Head of the Justice Department’s Criminal Division, Assistant Director in Charge Akil Davis of the FBI Los Angeles Field Office, and Deputy Inspector General for Investigations Christian J. Schrank of the U.S. Department of Health and Human Services Office of the Inspector General (HHS-OIG) made the announcement.

    The FBI and HHS-OIG are investigating the case.

    Trial Attorneys Michael Bacharach, Sarah E. Edwards, and Allison L. McGuire of the Criminal Division’s Fraud Section are prosecuting the case, and Assistant U.S. Attorney Tara B. Vavere for the Central District of California is handling asset forfeiture.

    The Fraud Section leads the Criminal Division’s efforts to combat health care fraud through the Health Care Fraud Strike Force Program. Since March 2007, this program, currently comprised of 9 strike forces operating in 27 federal districts, has charged more than 5,800 defendants who collectively have billed federal health care programs and private insurers more than $30 billion. In addition, the Centers for Medicare & Medicaid Services, working in conjunction with HHS-OIG, are taking steps to hold providers accountable for their involvement in health care fraud schemes. More information can be found at www.justice.gov/criminal-fraud/health-care-fraud-unit.

    MIL OSI USA News –

  • MIL-OSI Security: Two California Residents Plead Guilty in Connection with $16M Hospice Fraud Scheme and Money Laundering Scheme

    Source: United States Attorneys General

    Two California residents pleaded guilty yesterday in connection with their roles in defrauding Medicare of nearly $16 million through sham hospice companies and to laundering the proceeds of the fraud as part of a multi-year scheme.

    According to court documents, Karpis Srapyan, 35, of Winnetka, California, conspired with others, including co-defendants Petros Fichidzhyan and Juan Carlos Esparza, to bill Medicare for hospice services that were not medically necessary and never provided. To conduct their fraudulent scheme, they used a series of four sham hospice companies: one owned by Esparza and the other three owned by foreign nationals but controlled by the defendants. Srapyan and his co-defendants concealed the scheme by using foreign nationals’ personal identifying information to open bank accounts, submit information to Medicare, and sign property leases. They also misappropriated names and other identifying information of several doctors, two of whom were deceased, to fraudulently bill Medicare for purported hospice services. In total, Medicare paid the fake hospice companies nearly $16 million.

    Fichidzhyan, Esparza, and Srapyan worked with others to launder the fraudulent proceeds from their hospice scheme. Susanna Harutyunyan, 39, of Winnetka, was aware that her husband and co-defendant Mihran Panosyan was involved in illegal activity with Srapyan and Fichidzhyan. As part of the money laundering scheme, Harutyunyan and her co-defendants maintained fraudulent identification documents, bank documents, checkbooks, and credit and debit cards in the names of purported foreign owners in the residence where she and Panosyan lived and another residence that was owned in her name. Srapyan conducted dozens of financial transactions, totaling approximately $3.2 million, moving funds between accounts in the names of the sham hospice companies, accounts in the names of foreign nationals that were controlled by the defendants, and other accounts involved in the money laundering scheme. Harutyunyan knowingly spent fraudulent proceeds on personal expenses, including payments for a BMW automobile.

    Srapyan pleaded guilty to conspiracy to commit health care fraud and money laundering and is scheduled to be sentenced on Oct. 6. He faces a maximum penalty of 20 years in prison. Harutyunyan pleaded guilty to money laundering and is scheduled to be sentenced on Nov. 17; she faces a maximum penalty of 10 years in prison. A federal district court judge will determine their sentences after considering the U.S. Sentencing Guidelines and other statutory factors. Harutyunyan faces deportation.

    Co-defendant Petros Fichidzhyan previously pleaded guilty to health care fraud, aggravated identity theft, and money laundering. In May, Fichidzhyan was sentenced to 12 years in prison. Co-defendant Mihran Panosyan pleaded guilty to money laundering in June and is scheduled to be sentenced Sept. 8. Co-defendant Juan Carlos Esparza’s change of plea hearing is scheduled for July 14.

    The guilty pleas today are the most recent convictions in the Justice Department’s ongoing effort to combat hospice fraud in the greater Los Angeles area. Last year, a doctor was convicted at trial for his role in a scheme to bill Medicare for hospice services patients did not need, and two other defendants were sentenced for their roles in a hospice fraud scheme.  

    Matthew R. Galeotti, Head of the Justice Department’s Criminal Division, Assistant Director in Charge Akil Davis of the FBI Los Angeles Field Office, and Deputy Inspector General for Investigations Christian J. Schrank of the U.S. Department of Health and Human Services Office of the Inspector General (HHS-OIG) made the announcement.

    The FBI and HHS-OIG are investigating the case.

    Trial Attorneys Michael Bacharach, Sarah E. Edwards, and Allison L. McGuire of the Criminal Division’s Fraud Section are prosecuting the case, and Assistant U.S. Attorney Tara B. Vavere for the Central District of California is handling asset forfeiture.

    The Fraud Section leads the Criminal Division’s efforts to combat health care fraud through the Health Care Fraud Strike Force Program. Since March 2007, this program, currently comprised of 9 strike forces operating in 27 federal districts, has charged more than 5,800 defendants who collectively have billed federal health care programs and private insurers more than $30 billion. In addition, the Centers for Medicare & Medicaid Services, working in conjunction with HHS-OIG, are taking steps to hold providers accountable for their involvement in health care fraud schemes. More information can be found at www.justice.gov/criminal-fraud/health-care-fraud-unit.

    MIL Security OSI –