Month: May 2021

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Security News in Brief: Switzerland’s Largest Insurance Company and Three Subsidiaries Admit to Conspiring with U.S. Taxpayers to Hide Assets and Income in Offshore Accounts

Source: United States Department of Justice News

The Department of Justice today filed a criminal information charging Swiss Life Holding AG (Swiss Life Holding), Swiss Life (Liechtenstein) AG (Swiss Life Liechtenstein), Swiss Life (Singapore) Pte. Ltd. (Swiss Life Singapore), and Swiss Life (Luxembourg) S.A. (Swiss Life Luxembourg), collectively, the “Swiss Life Entities,” with conspiring with U.S. taxpayers and others to conceal from the IRS more than $1.452 billion in offshore insurance policies, including more than 1,600 insurance wrapper policies, and related policy investment accounts in banks around the world and the income generated in these accounts.

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Defense News in Brief: New hangar for squadrons at NAS Key West

Source: United States Navy

JACKSONVILLE, Fla. – Naval Facilities Engineering Systems Command (NAVFAC) Southeast awarded a $67.1 million firm-fixed-price contract, May 13, to Korte Construction Company from St. Louis, Missouri, for construction of a new Aircraft Maintenance Hangar at Naval Air Station (NAS) Key West, Florida.  

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Defense News in Brief: Naval War College Hosts Women, Peace and Security Symposium

Source: United States Navy

NEWPORT, R.I. – The U.S. Naval War College (NWC) hosted the virtual symposium Women, Peace and Security (WPS) on April 14-15. The primary aim of the symposium is to facilitate the implementation of DoD’s WPS Strategic Framework and Implementation Plan (SFIP) by sharing diverse methods, experiences and ideas from people who are actively engaged in implementing the WPS agenda.