Source: United States Department of Justice News
Nnamdi Marcellus MgBodile has been sentenced to prison for bank fraud, money laundering, and conspiracy to commit bank fraud after being convicted at trial. For years, MgBodile opened and directed others to open fraudulent business bank accounts that received millions of dollars from various online frauds. He and others then laundered these funds to other accounts, including dozens of accounts overseas.
Source: United States Navy
BANDAR SERI BEGAWAN, Brunei – The 27th annual Cooperation Afloat Readiness and Training (CARAT) Brunei maritime exercise concluded Nov. 19, following five days of virtual engagements that enhanced collaboration between Royal Brunei Armed Forces and U.S. military and focused on shared maritime security challenges of the region.
Source: United States Department of Justice News
Three former executives of Valley Bank, a defunct financial institution based in Moline, Illinois, and the President of Vital Financial Services (Vital Financial), a lending service provider, have pleaded guilty to scheming to defraud the Small Business Administration (SBA) in connection with its programs to guarantee loans made to small businesses.
Source: United States Navy
WASHINGTON – Naval Information Warfare Systems Command (NAVWAR) enterprise announced the winner of its third prize challenge in the Artificial Intelligence Applications to Autonomous Cybersecurity Challenge (AI ATAC) series at the U.S. Navy-hosted HACKtheMACHINE Unmanned event on November 18.
Source: United States Navy
WASHINGTON – U.S. Naval Research Laboratory Chesapeake Bay Detachment fire protection researcher John Farley received the 2020 Fire Protection Research Foundation Medal Award. The award was received in partnership with Gerard G. Back from Jensen Hughes Inc. for their work in evaluating the fire protective effectiveness of new fluorine-free firefighting foams.