Saturday, August 24, 2013
READOUT: SECRETARY OF DEFENSE HAGEL'S CALL TO EGYPTIAN DEFENSE MINISTER AL-SISI
FROM: U.S. DEFENSE DEPARTMENT
Readout of Secretary Hagel's Call with Egyptian Minister of Defense General Abdul Fatah al-Sisi from Kuala Lumpur, Malaysia
Pentagon Press Secretary George Little provided the following readout:
"Today Egyptian Minister of Defense Al-Sisi called Secretary Hagel in Malaysia to discuss developments in Egypt. Minister Al-Sisi updated Secretary Hagel on the security situation throughout Egypt, as well as progress on the political roadmap. Secretary Hagel stressed the importance of an inclusive, transparent political process that includes all Egyptians, and that differences must be resolved without violence. Minister Al-Sisi also updated the Secretary on security developments on the Sinai Peninsula, and Secretary Hagel expressed appreciation for Egypt's efforts to ensure the security of the U.S. Embassy facilities and all U.S. personnel serving in Egypt."
Readout of Secretary Hagel's Call with Egyptian Minister of Defense General Abdul Fatah al-Sisi from Kuala Lumpur, Malaysia
Pentagon Press Secretary George Little provided the following readout:
"Today Egyptian Minister of Defense Al-Sisi called Secretary Hagel in Malaysia to discuss developments in Egypt. Minister Al-Sisi updated Secretary Hagel on the security situation throughout Egypt, as well as progress on the political roadmap. Secretary Hagel stressed the importance of an inclusive, transparent political process that includes all Egyptians, and that differences must be resolved without violence. Minister Al-Sisi also updated the Secretary on security developments on the Sinai Peninsula, and Secretary Hagel expressed appreciation for Egypt's efforts to ensure the security of the U.S. Embassy facilities and all U.S. personnel serving in Egypt."
U.S. EX-IM BANK APPROVES LOAN TO FIANCE SPACEX LAUNCH
FROM: EXPORT-IMPORT BANK
Ex-Im Bank Approves $105.4 Million Loan to Finance SpaceX Launch
Washington, D.C. – Continuing its support of the space industry in America, the Export-Import Bank of the United States (Ex-Im Bank) has authorized a $105.4 million loan to Space Communication Ltd. of Ramat Gan, Israel, to finance the Space Exploration Technologies (SpaceX) launch of the Amos-6 communications satellite, the purchase of American made-solar arrays, and insurance brokered by Marsh USA (Marsh)
The transaction is Ex-Im Bank’s third in support of a SpaceX launch, and it will support approximately 600 U.S. jobs, according to bank estimates derived from Departments of Commerce and Labor data and methodology. In June of 2013, Ex-Im Bank announced that it had approved financing for the launches of two satellites manufactured by Space Systems/Loral LLC, and in November of 2012 the Bank announced that it had approved financing for the launches of two Boeing-manufactured satellites.
“Ex-Im Bank is always ready to help the American space industry boost its international sales and export its products to important markets,” said Ex-Im Bank Chairman and President Fred P. Hochberg. “Our support of American launches and exports levels the playing field for U.S. companies and keeps highly-skilled, well-paying jobs on American soil.”
Satellite financing represents Ex-Im Bank’s most prominent stand-out sector in the Bank's newly transformed portfolio. Just three years ago, satellites accounted for only $50 million in authorizations per year. This year numbers as the third consecutive year in which Ex-Im Bank's satellite sector authorizations will have topped $1 billion.
Amos-6, a geosynchronous satellite, will replace Space Communication’s Amos-2 and cover markets in Central and Eastern Europe and the Middle East. The satellite will also provide pan-European coverage and broadband services in Europe and Africa.
The launch is scheduled for 2015.
Founded in 2002 and headquartered in Hawthorne, Calif., SpaceX designs, manufactures and launches rockets and spacecraft. It is the first private company to build, launch, and dock spacecraft at the International Space Station, a mission previously accomplished only by government space entities.
“We appreciate Ex-Im Bank’s support of both SpaceX and the U.S. space industry,” said Gwynne Shotwell, SpaceX president and chief operating officer. “With export financing for contracts like the AMOS-6 mission, Ex-Im Bank helps SpaceX compete successfully with international launch service providers, bringing overseas satellite launch business and high-tech jobs back to American soil.”
ATK Space Systems Inc., a participant in the transaction and a manufacturer of the solar arrays for the satellite, is a member of the ATK Aerospace Group. The company provides a broad portfolio of products and services that include integrated satellite bus systems, world-class multidisciplinary engineering services, and market-leading integrated thermal-control systems.
Founded in 1871, Marsh is a global leader in insurance brokering and risk management. The company has approximately 26,000 colleagues who collaborate to provide advice and transactional capabilities to clients in over 100 countries.
Ex-Im Bank Approves $105.4 Million Loan to Finance SpaceX Launch
Washington, D.C. – Continuing its support of the space industry in America, the Export-Import Bank of the United States (Ex-Im Bank) has authorized a $105.4 million loan to Space Communication Ltd. of Ramat Gan, Israel, to finance the Space Exploration Technologies (SpaceX) launch of the Amos-6 communications satellite, the purchase of American made-solar arrays, and insurance brokered by Marsh USA (Marsh)
The transaction is Ex-Im Bank’s third in support of a SpaceX launch, and it will support approximately 600 U.S. jobs, according to bank estimates derived from Departments of Commerce and Labor data and methodology. In June of 2013, Ex-Im Bank announced that it had approved financing for the launches of two satellites manufactured by Space Systems/Loral LLC, and in November of 2012 the Bank announced that it had approved financing for the launches of two Boeing-manufactured satellites.
“Ex-Im Bank is always ready to help the American space industry boost its international sales and export its products to important markets,” said Ex-Im Bank Chairman and President Fred P. Hochberg. “Our support of American launches and exports levels the playing field for U.S. companies and keeps highly-skilled, well-paying jobs on American soil.”
Satellite financing represents Ex-Im Bank’s most prominent stand-out sector in the Bank's newly transformed portfolio. Just three years ago, satellites accounted for only $50 million in authorizations per year. This year numbers as the third consecutive year in which Ex-Im Bank's satellite sector authorizations will have topped $1 billion.
Amos-6, a geosynchronous satellite, will replace Space Communication’s Amos-2 and cover markets in Central and Eastern Europe and the Middle East. The satellite will also provide pan-European coverage and broadband services in Europe and Africa.
The launch is scheduled for 2015.
Founded in 2002 and headquartered in Hawthorne, Calif., SpaceX designs, manufactures and launches rockets and spacecraft. It is the first private company to build, launch, and dock spacecraft at the International Space Station, a mission previously accomplished only by government space entities.
“We appreciate Ex-Im Bank’s support of both SpaceX and the U.S. space industry,” said Gwynne Shotwell, SpaceX president and chief operating officer. “With export financing for contracts like the AMOS-6 mission, Ex-Im Bank helps SpaceX compete successfully with international launch service providers, bringing overseas satellite launch business and high-tech jobs back to American soil.”
ATK Space Systems Inc., a participant in the transaction and a manufacturer of the solar arrays for the satellite, is a member of the ATK Aerospace Group. The company provides a broad portfolio of products and services that include integrated satellite bus systems, world-class multidisciplinary engineering services, and market-leading integrated thermal-control systems.
Founded in 1871, Marsh is a global leader in insurance brokering and risk management. The company has approximately 26,000 colleagues who collaborate to provide advice and transactional capabilities to clients in over 100 countries.
U.S. OFFICIAL'S REMARKS AT INTERNATIONAL CONFERENCE ON WATER COOPERATION
FROM: U.S. STATE DEPARTMENT
High-Level International Conference on Water Cooperation
Remarks
Daniel A. Reifsnyder
Deputy Assistant Secretary, Bureau of Oceans and International Environmental and Scientific Affairs
Dushanbe, Tajikistan
August 21, 2013
Thank you, Mr. Chairman. Like others, we wish to thank President Rahmon and the Government and people of Tajikistan for their leadership on these important issues and for their warm hospitality.
The message of this conference should be simple: There is no alternative to cooperation on water.
We have heard repeatedly of the incredible challenges that nearly every one of us now faces and will continue to face. I don’t think there is one among us who does not appreciate – at a personal level – the importance of water. Our economies depend on it, our environment depends on it, and our lives depend on it. We know this is true for ourselves and for our neighbors.
As demands rise and supplies decline – as variability increases – there will be conflicts among competing uses and among competing users. There will be legitimate disputes over who has access, and over when and how water is used. There will also be less room for mistakes and a greater need to get the most value out of every drop.
This can be done. In the United States, we have more than 20 large river basins and more than 20,000 small watersheds. We share several rivers with our neighbors. The availability of water and the demand for water varies greatly across these basins, as do the interests of the public in how these resources should be managed.
We have a range of institutional arrangements that support joint research, data sharing and cooperative decision-making. We are working with Canada, jointly managing our shared river systems to optimize power production, protect the environment, and minimize the risks from floods. With Mexico, we recently put in place a provisional agreement that enables Mexico to store water.
I am pleased that this conference is so strongly focused on positive examples of cooperation. There seem to be common strands that run through each of these examples -- among them: (1) a thorough understanding of the problems each participant faces; (2) an appreciation of the concerns that arise from these problems; (3) a willingness to share data and information, which increases trust and confidence; (4) a willingness to work together in various arrangements and mechanisms to address shared problems jointly; and (5) a strong belief that cooperation produces better, more durable results.
I am also pleased to be here discussing some of the mechanisms that support cooperation on shared waters -- such as the Shared Waters Program (SWP) at the United Nations Development Program. The SWP is a multi-donor platform for establishing new, or strengthening existing, regional mechanisms for advancing cooperation on shared waters. Initial U.S. funding is currently supporting SWP activities in several basins. The focus of this initiative will be on laying the ground work -- for example, through meetings, workshops, legal/technical/facilitation expertise that establish a foundation -- for cooperative work between and among countries on shared waters. Once that ground work is laid, we expect that long-term capacity building and institutional reform will be supported through traditional bilateral and regional development assistance efforts. The SWP thus complements these development activities.
Mr. Chairman, in closing, let me say that there really is no choice. The history here is clear – without cooperation economic growth is slower and insecurity grows. Through cooperation, communities and countries can fully realize the multiple benefits of shared water resources, and work toward a more secure water future.
I thank you.
High-Level International Conference on Water Cooperation
Remarks
Daniel A. Reifsnyder
Deputy Assistant Secretary, Bureau of Oceans and International Environmental and Scientific Affairs
Dushanbe, Tajikistan
August 21, 2013
Thank you, Mr. Chairman. Like others, we wish to thank President Rahmon and the Government and people of Tajikistan for their leadership on these important issues and for their warm hospitality.
The message of this conference should be simple: There is no alternative to cooperation on water.
We have heard repeatedly of the incredible challenges that nearly every one of us now faces and will continue to face. I don’t think there is one among us who does not appreciate – at a personal level – the importance of water. Our economies depend on it, our environment depends on it, and our lives depend on it. We know this is true for ourselves and for our neighbors.
As demands rise and supplies decline – as variability increases – there will be conflicts among competing uses and among competing users. There will be legitimate disputes over who has access, and over when and how water is used. There will also be less room for mistakes and a greater need to get the most value out of every drop.
This can be done. In the United States, we have more than 20 large river basins and more than 20,000 small watersheds. We share several rivers with our neighbors. The availability of water and the demand for water varies greatly across these basins, as do the interests of the public in how these resources should be managed.
We have a range of institutional arrangements that support joint research, data sharing and cooperative decision-making. We are working with Canada, jointly managing our shared river systems to optimize power production, protect the environment, and minimize the risks from floods. With Mexico, we recently put in place a provisional agreement that enables Mexico to store water.
I am pleased that this conference is so strongly focused on positive examples of cooperation. There seem to be common strands that run through each of these examples -- among them: (1) a thorough understanding of the problems each participant faces; (2) an appreciation of the concerns that arise from these problems; (3) a willingness to share data and information, which increases trust and confidence; (4) a willingness to work together in various arrangements and mechanisms to address shared problems jointly; and (5) a strong belief that cooperation produces better, more durable results.
I am also pleased to be here discussing some of the mechanisms that support cooperation on shared waters -- such as the Shared Waters Program (SWP) at the United Nations Development Program. The SWP is a multi-donor platform for establishing new, or strengthening existing, regional mechanisms for advancing cooperation on shared waters. Initial U.S. funding is currently supporting SWP activities in several basins. The focus of this initiative will be on laying the ground work -- for example, through meetings, workshops, legal/technical/facilitation expertise that establish a foundation -- for cooperative work between and among countries on shared waters. Once that ground work is laid, we expect that long-term capacity building and institutional reform will be supported through traditional bilateral and regional development assistance efforts. The SWP thus complements these development activities.
Mr. Chairman, in closing, let me say that there really is no choice. The history here is clear – without cooperation economic growth is slower and insecurity grows. Through cooperation, communities and countries can fully realize the multiple benefits of shared water resources, and work toward a more secure water future.
I thank you.
TAX PREPARERS AND FOREIGN NATIONALS CHARGED WITH CONSPIRACY TO DEFRAUD U.S.
FROM: U.S. JUSTICE DEPARTMENT
Tuesday, August 20, 2013
Alabama Tax Return Preparers and 19 Foreign Nationals Charged with Conspiring to Defraud the United States, Identity Theft and Money Laundering
Justice Department announced that a 14-count superseding indictment was unsealed today, charging JB Tax Professional Services Inc., Jacqueline J. Arias and Jose Bayron Estrada, of Spruce Pine, Ala., along with 19 foreign nationals, many of whom resided in the New Orleans area, with conspiracy to defraud the United States and conspiracy to commit mail and wire fraud by filing fraudulent income tax returns. The indictment also charges certain defendants with aggravated identity theft and conspiracy to commit money laundering. Most of the defendants were previously indicted in May 2013 and arrested in June 2013.
According to the indictment, members of the conspiracy obtained Forms W-2, often by purchasing them for cash, for the purposes of filing fraudulent income tax returns. Conspirators further obtained individual taxpayer identification numbers (ITINs) for use in filing fraudulent tax returns, in some cases using false applications filed with the assistance of Arias and JB Tax Professional Services. An ITIN is a tax processing number issued by the Internal Revenue Service (IRS) to individuals who do not have, and are not eligible to obtain, a social security number. Both Arias and the business were designated by the IRS as certified acceptance agents, which are entrusted by the IRS with the responsibility of reviewing the documentation of an ITIN applicant’s identity and alien status for authenticity, completeness and accuracy before submitting their application to the IRS.
The charging documents allege that the defendants used the social security numbers of real persons to conduct mail and wire fraud. The defendants also allegedly disguised and concealed the proceeds of their fraud by agreeing to conduct certain types of financial transactions.
An indictment merely alleges that crimes have been committed, and each defendant is presumed innocent until proven guilty. Each defendant faces a maximum potential sentence of five years in prison for the conspiracy charge. Each aggravated identity theft charge carries a mandatory two-year prison sentence, and the defendants charged in the money laundering conspiracy count face a possible maximum sentence of twenty years in prison. The defendants will also be subject to fines, mandatory restitution and forfeiture if convicted.
The case is being investigated by U.S. Immigration and Customs Enforcement, which oversees Homeland Security Investigations; IRS-Criminal Investigation; the U.S. Secret Service; the U.S. Postal Inspection Service; and the Social Security Administration, Office of the Inspector General, in partnership with the St. Tammany Parish, La. and Jefferson Parish, La. Sheriffs’ Departments. The case is being prosecuted by Tax Division Trial Attorneys Hayden Brockett and Kevin Lombardi.
Tuesday, August 20, 2013
Alabama Tax Return Preparers and 19 Foreign Nationals Charged with Conspiring to Defraud the United States, Identity Theft and Money Laundering
Justice Department announced that a 14-count superseding indictment was unsealed today, charging JB Tax Professional Services Inc., Jacqueline J. Arias and Jose Bayron Estrada, of Spruce Pine, Ala., along with 19 foreign nationals, many of whom resided in the New Orleans area, with conspiracy to defraud the United States and conspiracy to commit mail and wire fraud by filing fraudulent income tax returns. The indictment also charges certain defendants with aggravated identity theft and conspiracy to commit money laundering. Most of the defendants were previously indicted in May 2013 and arrested in June 2013.
According to the indictment, members of the conspiracy obtained Forms W-2, often by purchasing them for cash, for the purposes of filing fraudulent income tax returns. Conspirators further obtained individual taxpayer identification numbers (ITINs) for use in filing fraudulent tax returns, in some cases using false applications filed with the assistance of Arias and JB Tax Professional Services. An ITIN is a tax processing number issued by the Internal Revenue Service (IRS) to individuals who do not have, and are not eligible to obtain, a social security number. Both Arias and the business were designated by the IRS as certified acceptance agents, which are entrusted by the IRS with the responsibility of reviewing the documentation of an ITIN applicant’s identity and alien status for authenticity, completeness and accuracy before submitting their application to the IRS.
The charging documents allege that the defendants used the social security numbers of real persons to conduct mail and wire fraud. The defendants also allegedly disguised and concealed the proceeds of their fraud by agreeing to conduct certain types of financial transactions.
An indictment merely alleges that crimes have been committed, and each defendant is presumed innocent until proven guilty. Each defendant faces a maximum potential sentence of five years in prison for the conspiracy charge. Each aggravated identity theft charge carries a mandatory two-year prison sentence, and the defendants charged in the money laundering conspiracy count face a possible maximum sentence of twenty years in prison. The defendants will also be subject to fines, mandatory restitution and forfeiture if convicted.
The case is being investigated by U.S. Immigration and Customs Enforcement, which oversees Homeland Security Investigations; IRS-Criminal Investigation; the U.S. Secret Service; the U.S. Postal Inspection Service; and the Social Security Administration, Office of the Inspector General, in partnership with the St. Tammany Parish, La. and Jefferson Parish, La. Sheriffs’ Departments. The case is being prosecuted by Tax Division Trial Attorneys Hayden Brockett and Kevin Lombardi.
FINAL JUDGEMENTS ENTERED AGAINST DEFENDANTS IN STOCK MANIPULATION SCHEME
FROM: U.S. SECURITIES AND EXCHANGE COMMISSION
Court Enters Final Judgments by Consent Against SEC Defendants Giuseppe Pino Baldassarre and Robert Mouallem
The Securities and Exchange Commission announced that on August 16, 2013, the Honorable Allyne R. Ross, United States District Court Judge for the Eastern District of New York, entered final judgments by consent against Defendants Giuseppe Pino Baldassarre and Robert Mouallem. The final judgments permanently enjoin Baldassarre and Mouallem from future violations of Sections 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The final judgments also (i) order Baldassarre and Mouallem to pay total combined disgorgement and prejudgment interest of $21,932.03, which is deemed satisfied by the forfeiture orders entered against them in a parallel criminal action, and (ii) bar Baldassarre and Mouallem from participating in any offering of penny stock. In addition, the judgment against Baldassarre prohibits him from acting as an officer or director of a public company.
On December 7, 2011, the SEC filed its complaint against Baldassarre, Mouallem, and Malcolm Stockdale alleging that from at least October 2009, they engaged in a fraudulent broker bribery scheme designed to manipulate the market for the common stock of Dolphin Digital Media, Inc. The complaint alleged that they engaged in an undisclosed kickback arrangement with an individual who claimed to represent a group of registered representatives with trading discretion over the accounts of wealthy customers.
Court Enters Final Judgments by Consent Against SEC Defendants Giuseppe Pino Baldassarre and Robert Mouallem
The Securities and Exchange Commission announced that on August 16, 2013, the Honorable Allyne R. Ross, United States District Court Judge for the Eastern District of New York, entered final judgments by consent against Defendants Giuseppe Pino Baldassarre and Robert Mouallem. The final judgments permanently enjoin Baldassarre and Mouallem from future violations of Sections 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The final judgments also (i) order Baldassarre and Mouallem to pay total combined disgorgement and prejudgment interest of $21,932.03, which is deemed satisfied by the forfeiture orders entered against them in a parallel criminal action, and (ii) bar Baldassarre and Mouallem from participating in any offering of penny stock. In addition, the judgment against Baldassarre prohibits him from acting as an officer or director of a public company.
On December 7, 2011, the SEC filed its complaint against Baldassarre, Mouallem, and Malcolm Stockdale alleging that from at least October 2009, they engaged in a fraudulent broker bribery scheme designed to manipulate the market for the common stock of Dolphin Digital Media, Inc. The complaint alleged that they engaged in an undisclosed kickback arrangement with an individual who claimed to represent a group of registered representatives with trading discretion over the accounts of wealthy customers.
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