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Security News in Brief: Two Remaining Defendants of $1.3 Billion Investment Fraud (Ponzi) Scheme – One of the Largest Ever Charged in South Florida – Plead Guilty to Mail and Wire Fraud Conspiracy

Source: United States Department of Justice News

On July 12, 2021, Los Angeles County, California natives, Dane Roseman, 38, and Ivan Acevedo, 44, pled guilty to participating in a massive investment fraud scheme, in which more than 7,000 victims suffered financial losses, in violation of 18 U.S.C. § 371.  Co-defendant Robert Shapiro, the former owner, president, and CEO of Woodbridge Group of Companies LLC (“Woodbridge”) was previously sentenced to the maximum sentence of 25 years in prison for his leadership role in the fraud scheme and his separate income tax fraud.

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Security News in Brief: Trio Arrested In Large-Scale Drug Conspiracy

Source: United States Department of Justice News

Ocala, Florida – Acting United States Attorney Karin Hoppmann announces the unsealing of an indictment charging Devonne L. Walker (35, Lady Lake, FL), Tymane D. Hamilton (29, Phoenix, AZ), and Kanisha D. Savage (28, Phoenix, AZ) with conspiracy to distribute controlled substances. If convicted, each faces a maximum penalty of life in federal prison. 

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Defense News in Brief: FRCE Considers New Robotic Process to Clean Fiber Optic Cables

Source: United States Navy

MARINE CORPS AIR STATION CHERRY POINT, N.C. – Fleet Readiness Center East is always looking for new, innovative ways to improve its processes. Recently, a group of FRCE engineers and aviation maintenance professionals attended a demonstration of a robotic tool that can clean fiber optic cables more quickly and efficiently than manual processes. Grease, oil and other contaminants can degrade the efficiency of fiber optic cables to transmit data to avionics and flight control systems, and the fiber stands must be cleaned to ensure that light can pass uninterrupted through the cables.