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Acoustic Cannon Sales to Police Surge After Black Lives Matter Protests
Acoustic Cannon Sales to Police Surge After Black Lives Matter Protests
During a company conference call with financial analysts last week, Tom Brown, the chief executive of LRAD, a military contractor, informed investors that sales were rolling in, not just from Chinese government agencies and the U.S. Navy, but also from American law enforcement.
LRAD manufactures an acoustic cannon that can be used either as a mounted loudspeaker or as a weapon to fire deafening noises at crowds of people.
Over the last year, following a wave of protests over officer-involved killings of black Americans, LRAD has seen an uptick in inquiries from police departments around the country.
Brown told financial analysts in a May conference call about the “renewed interest” from police departments. “A lot of grant money starts to flow to law enforcement, and we’re getting a lot of inquiries” following protests, he said. One inquiry he mentioned came from the Maryland Sheriff’s Department following the protests in Baltimore over the death of Freddie Gray.
Speaking to investors, LRAD executives explained that their product was on site in Baltimore, on loan from Montgomery County, Maryland, though officers ended up not using it on demonstrators. But, the LRAD executives added, the New York Police Department used the cannon as a loudspeaker to order demonstrators in Union Square who were holding a solidarity protest in support of the Baltimore actions to disperse.
Videos of the NYPD using the LRAD cannon to manage the demonstrators were widely circulated on YouTube, company officials boasted. “So we have been getting good press,” Brown noted, adding, “depending on which side of the press you’re looking at, but we’ve been getting very strong press from law enforcement.”
Justice Department Rolls Out An Early Form Of Capital Controls In America
Justice Department Rolls Out An Early Form Of Capital Controls In America
Something stunning took place earlier this week, and it quietly snuck by, unnoticed by anyone as the “all important” FOMC meeting was looming. That something could have been taken straight out of the playbook of either Cyprus, or Greece, or the USSR “evil empire”, or all three.
This is how the WSJ explained it:
The U.S. Justice Department’s criminal head said banks may need to go beyond filing suspicious activity reports when they encounter a risky customer“The vast majority of financial institutions file suspicious activity reports when they suspect that an account is connected to nefarious activity,” said assistant attorney general Leslie Caldwell in a Monday speech, according to prepared remarks. “But, in appropriate cases, we encourage those institutions to consider whether to take more action: specifically, to alert law enforcement authorities about the problem.”The remarks indicate that banks may be expected to do more than just file SARs, a responsibility that itself can be expensive and time-consuming.
Some banks already have close relationships with law enforcement, said Kevin Rosenberg, chair of Goldberg Lowenstein & Weatherwax LLP’s government investigation and white collar litigation group. Ms. Caldwell’s remarks “speak to moving forward in a more collaborative way,” said Mr. Rosenberg.
A tip-off from a bank about a suspicious customer could lead law enforcement to seize funds or start an investigation, Ms. Caldwell said.
…click on the above link to read the rest of the article…
