Webull Financial LLC may have exposed customers’ personal data to CCP
Attorney General Todd Rokita is leading a multistate inquiry into whether a Chinese-owned financial company — Webull Financial LLC — may have exposed clients’ personal information to the Chinese Communist Party (CCP).
“Hoosiers and the rest of the American public deserve to know more about Webull’s ownership and connections to the CCP,” Attorney General Rokita said. “As Indiana’s Attorney General, I have pledged since Day One to hold China accountable, and we are making good on that commitment.”
On behalf of Hoosiers, Attorney General Rokita previously brought a complaint against Chinese-owned social media company TikTok for allegedly violating data privacy laws and deceiving app users into believing their information is protected when that data is subject to Chinese law and may be intercepted by the CCP.
On March 13, 2024, the U.S. House of Representatives passed the Protecting Americans from Foreign Adversary Controlled Applications Act, which would ban TikTok from operating in the U.S. unless it separates from its Chinese owner, ByteDance. The Act is now working its way through the Senate.
“Webull’s data protection practices and representations also warrant serious scrutiny,” Attorney General Rokita said. “In fact, Webull appears to collect more personally identifiable information and sensitive financial data from U.S. customers than TikTok.”
The company is a U.S.-registered broker-dealer that allows customers to trade U.S. stocks, options, and certain cryptocurrencies. Webull is owned by Hunan Fumi Information Technology Co., a Chinese company, and it appears to conduct substantial operations for its U.S. business using personnel and resources located directly in the People’s Republic of China.
In a letter to Webull’s CEO, Attorney General Rokita and the other attorneys general request answers from the company to 11 questions in order to shed more light on its data protection practices on behalf of customers.
Recognitions And Achievements Propel Our Region Forward
by E-REP CEO-LLOYD WINNECK
am delighted to share with you some exciting news that highlights the incredible progress and success of our region. Recently, Evansville was recognized by CNN for our outstanding remote work program through MakeMyMove, a
testament to the innovative and forward-thinking approach of the State of Indiana and our community to grow the region’s population. You can learn more about MakeMyMove – an E-REP program funded through the State’s READI initiative – on page 4 of this newsletter.
This recognition is one of many accolades that showcase why we have so much to be proud of in our region. Evansville has been named the #1 Destination for Millennial Homebuyers, as reported by Realtor.com in their list of the 10 Hottest Cities for Young Millennial Homebuyers. This acknowledgment speaks volumes about the attractiveness and opportunities that the Evansville Region offers to young professionals and families looking to establish roots in a vibrant and welcoming community.
In addition to these honors, Evansville has experienced significant growth in high-income households, ranking #3 in the nation for high-income household growth according to SmartAsset. This remarkable 150% increase in high-income households, with 816 households added, demonstrates the economic vitality and opportunities that our region offers to residents and businesses alike.
Moreover, Evansville has been recognized as the #3 City for Remote Workers by the Wall Street Journal in their list of Best Cities for Remote Workers in the U.S. This recognition highlights our region’s infrastructure, amenities, and supportive environment for remote professionals, making Evansville an attractive destination for talent from across the country.
These achievements would not have been possible without the dedication, collaboration, and innovative spirit of our business community, local leaders, and residents. As we celebrate these successes, let us continue to work together to build on our strengths, attract talent and investment, and create a thriving and inclusive economy for all.
Thank you for your ongoing support and commitment to making the Evansville Region a great place to live, work, and belong.
COMMISSIONER MUSGRAVE ISSUES A CANDID STATEMENT ABOUT VANDERBURGH COUNTY REPUBLICAN PARTY CHAIR DUCKWORTH
(RE-PUBLISHED BY CCO BY POPULAR REQUEST)
APRIL 15, 2024 written by Cheryl Musgrave Vanderburgh County Commissioner
Evansville, IN – I’ve spent my career fighting government corruption. I answered the call to serve, and have held taxes down, blazed a trail for government information on the Internet, built roads and trails, improved and expanded parks, cleared blighted properties, found financing for hundreds of tree plantings, created litter eradication programs, delivered universal broadband to the unincorporated county, and more. I simultaneously raised two highly successful children and stayed happily married to my husband. As my voting record proves, I am a loyal Republican.
These ideals of selfless government service are not upheld by Mike Duckworth. Mr. Duckworth began his career as a Sheriff’s Deputy. During this time, he was accused of falsifying evidence and falsely recording his timesheets, bilking the taxpayers of $14,000. These troubling incidents serve as the foundation of my lack of faith in Mr. Duckworth’s integrity, leading me to the conclusion that he is unfit to hold any elected Or appointed office.
Mr. Duckworth lost both the Mayor’s office and all but one City Council seat in the last election, despite over a million dollars in resources. He followed that fiasco by appearing at the VIP reception of the Democrat Mayors Inaugural Ball while continuing to further his financial interests as a consultant for Commonwealth Engineers, which holds numerous government contracts.
This background may in part explain why Mr. Duckworth has stooped to the even lower level of actively supporting a liberal Democrat for County Commissioner in this year’s Republican primary. His similar actions last year tore the party apart and handed Evansville city government complete democratic control.
Mr. Duckworth demonstrates his character and his aims, and they are not the character and aims of the Republican Party. He should resign his post as Vanderburgh County County Chair immediately.
We need a Republican Party Chair who is a uniter and not a divider pursuing his agenda. We need a Republican Party Chair who competently leads and manages Republican interests in campaigns.
FOOTNOTE: THE CITY-COUNTY O0BSERVER POSTED THIS ARTICLE WITHOUT OPINION, BIAS OR EDITING.
Any Questions Concerning Please Contact Commissioner Cheryl Musgrave At 812-430-8891.
Dark side of the moon: Eclipse left Franklin’s small businesses disappointed
By Arianna Hunt, TheStatehouseFile.com
Braidinn Plymate, operations manager of the Local Grind, says the Franklin coffee shop lost thousands of dollars when expected eclipse customers failed to show.
FRANKLIN, Indiana—Eclipse visitors have long since left, giving business owners and employees time to reflect on the once-in-a-lifetime opportunity and, for some, disappointing sales.
Franklin officials, previous eclipse data, and news reports anticipated crowds of 100,000 to 300,000 people descending on the small city. This led some businesses to prepare a lot of stock for the crowds, which they say never came.
Franklin wasn’t the only city preparing for what business owners are calling overinflated crowds. Indianapolis expected 200,000 to 250,000 and got 125,000, Bloomington officials estimated 100,000 to 300,000 and got tens of thousands.
Christina Fletcher, the owner of Possibilities, a food, furniture and gift store in downtown Franklin. Photo by Arianna Hunt, TheStatehouseFile.com.
“I know several [small businesses] that are in a pinch or they’re sitting on perishable products,” said Christina Fletcher, the owner of Possibilities, a food, furniture and gift store in downtown Franklin. “I’ve heard of restaurants having to go out and buy freezers and put them at their house even so they can at least try and save some of the stock. And I’m talking like thousands of dollars worth of food.”
Fletcher says she and other shop owners were told to buy so much, she almost took out a loan.
“We were really encouraged to bring in lots of inventory and stock so that we could have stuff for these people,” said Fletcher. “I almost borrowed money, and I’m glad I didn’t. … I’d be in big trouble if I borrowed money.”
Businesses with perishable products had the most to lose. Braidinn Plymate, operations manager at the Local Grind, says the coffee shop had to throw away lots of food in the days following the eclipse.
“It’s thousands of dollars in loss, it’s not a pretty sight. It’s thousands upon thousands of dollars of loss,” said Plymate. “Some of these business owners in downtown, and not just this downtown but in other downtowns, took out loans to be able to afford all of this merchandise they were told to buy to anticipate the crowd.”
Because of what he called inflated crowd estimates, Plymate said he and other community members estimated months of sales in days.
“We definitely way overprepared. We were told to expect about give or take a quarter of sales in three days, and we definitely did not even get near that,” said Plymate.
The Local Grind based its preparations on community business meetings, talks among businesses, and the news.
“We spent thousands of dollars in products in not only food but drinks. Just for this weekend, we bought 75 gallons of milk,” said Plymate.
The expectations of the eclipse even delayed expanding their business.
“Let me put it like this, we delayed opening our third store by three months for this eclipse, for what? I gave up almost 10 food-truck events this weekend, for what? For what?” he said.
Tracy Bohler laughs in the main room of her shop, Farm Girl Mercantile, a boutique and antique and home decor shop. Photo by Arianna Hunt, TheStatehouseFile.com.
Tracy Bohler, owner of Farm Girl Mercantile, a boutique and antique and home decor store in Franklin, agreed that the number of visitors was not what she and other business owners were expecting.
“I think we were told around 100,000 to be here in Franklin, and it was nowhere near that at all. I mean, I haven’t actually seen numbers yet, but maybe 3,000 at the most,” she said. “It was like a ghost town at various points. Each day, Friday, Saturday, Sunday, even into early Monday, was kind of just, like, where is everybody?”
Bohler believes the publicity around the eclipse scared people away from coming and it would have been a busier weekend without the eclipse.
“I felt like it was slower than a normal Saturday,” said Bohler. “I think the sun was shining most of the weekend. I mean, we should have had pretty good sales that day without an eclipse or without an event.”
That was also true for Norma Jean’s Pastries, whose owner, Whitney Atkerson, said she sold less than she would have for an average weekend.
Not every store is overstocked. Shops like T-shirt Express benefited from their make-on-demand model.
Kristin Gent holds up an eclipse t-shirt design at Express T-shirts in Franklin. Photo by Arianna Hunt, TheStatehouseFile.com.
“We were really lucky,” said employee Kristin Gent. “We have the press and we have the design on transfers, so we didn’t have to make all of them ahead of time. We could make them as people came in, and it took like five seconds.”
Gent said that although the crowd estimates were unbelievably big, they were reasonable because they were based on previous data from eclipses.
“I couldn’t even imagine them being here, like I couldn’t imagine it in actuality, walking through crowds of that many people, which just led to me being worried,” Gent said. “But really, I just trusted the numbers, and I was like, OK, I guess they’re coming whether I can imagine it or not.”
Many business owners believe the hype surrounding the eclipse kept many of their regulars or local shoppers at home instead of in the downtown area.
Some Franklin officials advised residents to treat the eclipse like a snowstorm: to stock up on medications and have a full tank of gas. Gov. Eric J. Holcomb even declared a state of emergency ahead of the eclipse.
“I think one of the biggest letdowns was obviously the crowds not being as heavy as we thought, but I felt that our locals, our regulars, heeded the warning to stay home, stay off the roads, and by doing that, obviously, they didn’t come out,” said Larry Hughes, owner of Grill Bar in downtown Franklin.
“I think that hindsight being 20/20, we could have handled our regulars, our locals and the traveling in. And I think we would have been alright, but we didn’t know that at the time, and we were listening to the officials and what they were recommending.”
Larger-than-life eclipse glasses located in the Franklin visitors’ center. Was the April 8 event overhyped? Some tourism officials and small business owners hold differing opinions.Photo by Arianna Hunt, TheStatehouseFile.com.
With all of the numbers floating around, Festival Country, Franklin’s tourism initiative, previously stated that it was expecting 100,000 people in Johnson County, which includes other cities like Greenwood and the greater Indianapolis area, not just Franklin.
One thing that led people to believe that there would be huge crowds was the sold-out hotels in the county. According to Ken Kosky, the executive director of tourism for Festival Country, there are on average 250 hotel rooms open on a given weekend in all of Johnson County, which means only an estimated 750 extra people.
Although official numbers aren’t available yet, Kosky said he believes the eclipse gathering stacked up to be a mid-sized festival for Franklin. “We won’t know until we get the data, but I think it fell somewhere in the middle from my experience,” he said.
To prevent chaos with traffic and parking, Festival Country helped support over 50 sites across the county to celebrate the eclipse. “I think the misnomer is that, OK, this one venue, the Franklin amphitheater, didn’t have as many people as on the fireworks night, but that’s because people had 50 choices across the county,” said Kosky.
“Me and the planners felt it was best to overplan and have more than we needed available just so that if there was a bigger crowd, we could accommodate them in style,” said Kosky.
Kosky believes Festival Country reached its goal of providing a welcoming environment, and when the eclipse finished, traffic was fine because of the spread of people. “So, I would call it a big success,” he said.
Other tourism officials in places like Vincennes, which expected 50,000-75,000 people and got 30,000-35,000 in the county, also believe the eclipse was a success. “It was just the right amount without being overwhelmed by the visitors. It was really a wonderful day,” said Sarah Wolfe, eclipse director of Knox County.
Kosky acknowledged the negative sentiments around the eclipse and the different sources telling people to stay home. But he says that was never the message of Festival Country, which felt the town could accommodate any number of people that came.
He agreed with businesses that said the negative messaging kept locals away.
Leftover eclipse merch from the April 8 total solar eclipse. Some local small businesses say the event was overhyped, leading to lost revenue and wasted inventory.
“I think if the local residents came out en masse like they did for the evening of fireworks and came side by side with the thousands of visitors, I think that pretty much every store would have probably sold out,” said Kosky. “I don’t think that the visitor count was super low; I just think that the local residents kind of backed out of coming down like they usually would.”
Even with disappointing sales, many business owners found joy in the eclipse, and although many locals stayed home, there was an influx of out-of-state and out-of-country visitors that shed more light on the community.
“We saw people from all over the world,” said Fletcher. “So, I mean it was great that way. We got more people exposed to our town. We saw people from Chicago, Wisconsin, Louisville. Like come down for a weekend, we’re a good weekend trip. So, I think it will help us for exposure to get people to come back.”
FOOTNOTE: Arianna Hunt is a reporter for TheStatehouseFile.com, a news website powered by Franklin College journalism students.
The Indiana State Police is accepting applications for a Forensic Genealogist to serve in the Indiana State Police Laboratory Division at the Indianapolis Regional Laboratory.
Primary responsibility is to support the laboratory’s responsibilities in routine forensic investigative genetic genealogy analysis with associated court presentation.
A Bachelor’s degree with genealogy coursework; or five years of experience as a professional genealogist performing research; or completion of a Certificate program and 3 years of experience as a professional genealogist performing research is required.
The salary starts at $66,534 per year but may be adjusted based on education, experience, and training. Benefits include medical, dental, vision, life insurance, retirement plans and accrued time off.
For more information on this position and to apply, please visitwww.joinispfamily.com
Questions about this position can be directed to Brandon P. Lowe, ISP Recruiting Section, Human Resources Division at either (317) 232-8238 or blowe@isp.in.gov.
Evansville Land Bank will hold an Executive Session on Friday, April 19, 2024, at 9:00 a.m. in Room 301 of the Civic Center Complex at 1 N. W. Martin Luther King Jr. Blvd.
This Executive Session will be held for discussion of strategy concerning the purchase, sale, or lease of real property by the Evansville Land Bank Corporation according to Indiana Code 5-14-1.5-6.1(b)(2)(D).
If you are interested in working the polls for the May 7th Primary Election, contact Dottie Thomas!
For more information about election day, click here to visit our website.
8th District Congressional Candidate Forum
Join us this Saturday, April 20th at 8:30 am for a forum with our GOP Congressional Candidates. Thanks to Warrick County GOP for co-hosting this event with us!