Complete DHS Report for November 4, 2016
Daily Report
Top Stories
• An accountant and manager of several Kentucky businesses pleaded
guilty October 31 after he and 3 co-conspirators allegedly defrauded several
central Kentucky banks out of more than $40 million from 2006 – 2010. – Lexington
Herald-Leader See item 2 below in the Financial Services Sector
• The operator of North Carolina-based Capital Management Wealth
Advisors Inc. and APS Management LLC pleaded guilty October 31 for allegedly
converting and misappropriating about $2.9 million from his clients’ bank
accounts from May 2008 – August 2014. – U.S. Department of Justice See item 3
below in the Financial Services Sector
• Crews began work November 2 on a $265 million project to
modernize the Oneida County Water Pollution Control Plant in Utica, New York. –
Utica Observer-Dispatch
10. November 2, Utica
Observer-Dispatch – (New York) $265M project to upgrade Oneida County
water plant underway. Crews began work November 2 on a $265 million project
to modernize the Oneida County Water Pollution Control Plant in Utica, New
York, and mitigate stress on the county sanitary sewer system from heavy rain
and snow melt through the installation of new anaerobic digesters and a new
sanitary pump station, and renovation of the existing raw waste pump station,
among other improvements. The project will be executed in several phases and is
expected to be completed in 2021. Source: http://www.uticaod.com/news/20161102/265m-project-to-upgrade-oneida-county-water-plant-underway
• Authorities in Iowa are investigating after an Urbandale police
officer and a Des Moines police sergeant were ambushed and killed while sitting
in their squad vehicles roughly 2 miles apart from one another in Urbandale
November 2. – CNN
17. November 2, CNN –
(Iowa) 2 Iowa police officers killed; suspect in custody. Authorities in
Iowa are investigating after an Urbandale police officer and a Des Moines
police sergeant were ambushed and killed while sitting in their squad vehicles
roughly 2 miles apart from one another in Urbandale November 2. A suspect was
taken into custody for his alleged involvement in the killings.
Financial Services Sector
2. November 2, Lexington
Herald-Leader – (Kentucky) Accountant admits guilt in $40 million
central Kentucky bank fraud case. An accountant and co-owner and manager of
several Kentucky businesses pleaded guilty October 31 for his role in a more
than $40 million bank fraud scheme where he and 3 co-conspirators allegedly
submitted information to 5 central Kentucky banks that inflated loan
applicants’ income and assets and minimized or omitted their debts in order to
improve their chances of being approved for loans from July 2006 – September
2010. The charges allege that the accountant and his co-conspirators caused
banks to issue or renew loans to individuals who were not the actual borrowers,
and used the money for purposes other than what they told the banks.
Source:
http://www.kentucky.com/news/local/counties/fayette-county/article112076987.html
3. October 31, U.S.
Department of Justice – (National) North Carolina businessman pleads
guilty to misappropriating approximately $2.9 million in funds from NFL
players. The operator of North Carolina-based Capital Management Wealth
Advisors Inc. and APS Management LLC pleaded guilty October 31 for allegedly
converting and misappropriating about $2.9 million from his clients’ bank
accounts, including National Football League players and other professional
athletes from May 2008 – August 2014, and for neglecting to report over $1.4
million of the embezzled funds on his Federal income tax returns between 2009
and 2013. The charges allege that the defendant instructed his clients to
execute an agency agreement that permitted him access to the clients’ bank
accounts and misrepresented to clients that he would only make transactions
authorized by them and for their benefit. Source: https://www.justice.gov/opa/pr/north-carolina-businessman-pleads-guilty-misappropriating-approximately-29-million-funds-nfl
Information Technology Sector
See item 1 below from the Critical Manufacturing
Sector
1. November 2,
SecurityWeek – (International) Belkin WeMo devices expose smartphones to
attacks. Invincea security researchers discovered two serious
vulnerabilities affecting Belkin’s WeMo home automation devices and their
associated Android applications, including a flaw that could be exploited to
remotely gain root access to a WeMo device, and a cross-site scripting (XSS)
flaw in WeMo’s Android app that could be exploited to execute arbitrary
JavaScript code in the context of the Android application. Belkin has patched
the security holes in the Android app and is working to release a firmware
update to resolve the device flaws.
Communications Sector
Nothing to report