Security News in Brief: Two Bank Executives Charged for Conspiring to Launder Hundreds of Millions of Dollars Through U.S. Financial System in Connection with Odebrecht Bribery and Fraud Scheme

Source: United States Department of Justice News

An Austrian man was arrested today in the United Kingdom on criminal charges related to his alleged participation in a conspiracy to launder hundreds of millions of dollars through the U.S. financial system as part of a scheme to pay bribes around the world and defraud the Brazilian government. 

Defense News in Brief: Attack Submarines – SSN

Source: United States Navy

Attack submarines are designed to seek and destroy enemy submarines and surface ships; project power ashore with Tomahawk cruise missiles and Special Operation Forces (SOF); carry out Intelligence, Surveillance and Reconnaissance (ISR) missions; support battle group operations; and engage in mine warfare.

Security News in Brief: Justice Department Requires Divestitures in Huntington Bancshares Incorporated’s Acquisition of TCF Financial Corporation

Source: United States Department of Justice 2

The Department of Justice announced today that Huntington Bancshares Incorporated and TCF Financial Corporation have agreed to sell 13 branches in Michigan, with approximately $872.3 million in deposits, to resolve antitrust concerns arising from Huntington’s planned acquisition of TCF Bank. The divested assets include all of the deposits and loans associated with the divested branches, as well as the physical assets.

Security News in Brief: Justice Department Observes National Missing Children’s Day

Source: United States Department of Justice News

As part of the 38th annual commemoration of National Missing Children’s Day, the Department of Justice today honored nine courageous individuals for their extraordinary efforts to recover missing children and bring sexual predators to justice. This year’s award recipients include four detectives and a sergeant from Fresno, California; two coordinators in the Missing Child Center-Hawaii in Honolulu; a sergeant from Addison, Illinois; and a U.S. Postal Service employee from Columbia, Maryland.

Defense News in Brief: NPS Professor Advancing Quantum Technology for Navy Applications

Source: United States Navy

MONTEREY, Calif. – Quantum mechanics, the study of nature at an atomic and subatomic level, is a quickly emerging field of research and technology. This new way to look at the world can improve how we navigate, communicate, compute and calculate, and Naval Postgraduate School (NPS) Physics Professor Frank Narducci is at the forefront of the technology, especially in researching quantum technology with Navy applications.