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Exclusive: France Freezes Ownership Of Two Helicopters Linked To Sanctioned Russian Billionaire Alisher Usmanov – Forbes

The M-DLBR helicopter on Alisher Usmanov’s Dilbar yacht in Mugla, Turkey.

French authorities froze two helicopters owned by sanctioned Russian billionaire Alisher Usmanov on the French Riviera last week. A spokesperson for the French Ministry of Economy and Finance confirmed to Forbes One that the two helicopters—an Airbus EC-175 with the tail number M-DLBR and a Eurocopter EC-155 with the tail number M-DLBA—were frozen in Le Castellet on March 22 and in Monte Carlo, Monaco, on March 25, respectively. France sanctioned Usmanov on February 28 as part of wider European Union sanctions, which Monaco adopted the same day.

Usmanov, 68, is one of Russia’s richest people. He was an early investor in Facebook. His largest holding is a stake in iron ore and steel giant Metalloinvest and he also owns shares in Chinese consumer electronics firm Xiaomi as well as smaller holdings in telecom, mining and media.

The helicopter marked M-DLBR was last recorded in Le Castellet on November 13, 2021, while M-DLBA was last seen in Monte Carlo on March 1, according to public data. Both helicopters were registered in the British crown dependency of the Isle of Man until they were deregistered on March 3. In practice, deregistration makes an aircraft “stateless” and deprives it of a valid certificate of airworthiness, meaning it’s no longer insurable and can’t fly until it’s registered in a new country. M-DLBR is owned by Cayman Islands-based Crystal Sky Limited and M-DLBA is owned by Caymans-based Margaux Aviation Limited, according to the Isle of Man Aircraft Registry. Forbes estimates the two helicopters are worth a combined $26 million, based on prices for new and used models.

A spokesperson for Usmanov told Forbes that Usmanov does not own the helicopters. “Most of the property [mentioned by Forbes], including the two helicopters, have been transferred into irrevocable trusts. Mr. Usmanov does not own them,” he said. “The process of moving property into family trusts started many years ago and had nothing to do either with evading sanctions or with hiding wealth.”

Margaux Aviation Limited is linked to Usmanov via its prior ownership of an Airbus A340 jet owned by Usmanov, while M-DLBR has been photographed on Usmanov’s 512-foot superyacht Dilbar. Both helicopters are associated with Dilbar, which has two helipads and is valued at $588 million by yacht valuation experts VesselsValue. Both Dilbar and the Airbus jet were blocked by the U.S. Treasury Department on March 3, the same day Usmanov was sanctioned by the U.S. The Airbus—worth at least $350 million, according to the U.S. Treasury—was last seen in Tashkent, Uzbekistan, on February 28. Usmanov was born in the former Soviet republic and holds dual Russian and Uzbek citizenship.

Dilbar is currently stuck in the German port city of Hamburg, where it has been stationed for refitting work since October. Forbes One reported on March 3 that work on the ship had been halted and the Ministry for Economy and Innovation in the German state of Hamburg said that the yacht could not leave port.

Forbes One reported on March 8 that the 96-person crew on the yacht had been fired because Sarnia Yachts, the firm that employed the crew, was no longer able to pay salaries due to EU and U.S. sanctions.

Follow Forbes’ reporting on all the jets and helicopters owned by sanctioned Russian billionaires here:

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Duty Free Dynamics adds yoga brand Manduka to its lifestyle portfolio

Duty Free Dynamics is set to help Manduka expand its travel retail presence
Duty Free Dynamics (DFD) has introduced acclaimed yoga brand Manduka to its lifestyle offer for travel retail shoppers.

The brand is known its collections of mats, clothing and accessories for yoga and was founded on the idea that a better yoga mat would improve practice, while the brand focuses on creating responsibly-sourced products.

Today, Manduka offers a wide range of yoga products for different practices and preferences, designed by and for yogis.
Duty Free Dynamics will help to launch and build Manduka’s presence in the travel retail sector.

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Serious Security Shock For Millions Of Samsung Galaxy (Android 9-12) Users – Forbes

Although these days I use an iPhone as my primary smartphone device, I do still own a Samsung Galaxy Note 10+ 5G for backup and burner usage. If you own a Samsung smartphone, running a broad sweep of Android versions from 9 through 12, I have some good and bad news for you. Serious, and seriously shocking, security news at that

Researchers at Kryptowire have this week published a report detailing how they discovered a serious high-severity vulnerability in the pre-installed Phone app across multiple models that could enable a hacker to take control of your phone. What sort of control? Well, the researchers said, everything from a factory reset and making calls to installing, or deleting, apps. All of this by an unauthorized user if the victim had installed any third-party app that was tweaked to “mimic system-level activity and hijack critical protected functionality,” according to the Kryptowire report.

The Kryptowire chief technical officer, Alex Lisle, posed the question, “ever think someone else has access to your phone?” Here’s the unwelcome news by way of his answer: “unfortunately, you may be right.” The high-severity vulnerability, CVE-2022-22292, that the Kryptowire researchers discovered was every bit as shocking as Lisle made it sound.

The Phone app, pre-installed on Samsung smartphones, was found to have an insecure component that essentially gave local apps, apps without system-level privileges, the ability to perform such privileged operations anyway without user authorization.

In the full, technical, report on this shocking Samsung security faux pas, the researchers say that devices running any version of Android between 9 and 12 were impacted. There were some differences between how versions 10 to 12 could be exploited compared to version 9, but the result was the same: a compromised smartphone without the user knowing it.

Although the full extent as to which Samsung smartphones were vulnerable to this attack methodology remains unknown, the researchers were able to demonstrate an exploit using a Samsung Galaxy S21 Ultra 5G with the most recent Android 12 build, for example. A Samsung Galaxy S10+ and Samsung A10e were also used during the compromise testing. A Samsung Galaxy S8, running Android 8, however, was found not to be vulnerable. The bad news being, then, if you have pretty much any Samsung smartphone running Android version 9 onwards this vulnerability is likely to have been present.

I approached Samsung for an official statement but at the time of publication had yet to receive a reply.

It’s not all bad news: full details of CVE-2022-22292 were disclosed to Samsung on November 27, 2021, and a patch was made available as part of the February 2022 security maintenance release program.

An Android security patch level of January 2022 or before leaves you likely exposed to this … [+] vulnerability

Assuming that your device has been updated to show a security patch level of February 2022 or later you are protected. Not everyone will have updated, or been able to update, their device though. Mea culpa, my own Galaxy Note 10+ was lagging behind in this regard as I hadn’t used it for a couple of months. So, please do make sure to check your devices are up to date. You can do this by heading into your smartphone settings menu and selecting About Phone|Software Information then scrolling down to Android security patch level.

A date of February 2022 or later means your device is protected

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Phillip Austin brings outlaw country to General Duffy's stage – The Bulletin

Phillip Austin will perform at General Duffy’s Watering Hole on Friday evening.

Phillip Austin will perform at General Duffy’s Watering Hole on Friday evening.

Phillip Austin is bringing his solo acoustic act to General Duffy’s Watering Hole at 6:30 p.m. Friday. Austin will perform a more intimate version of the usual outlaw country sound his band Sleepless Truckers is known for.

Austin describes outlaw country as “songs about the poor, hard-living working class, the good times and the bad, the beauty of life and the sorrows, songs about mama, trains, trucks, prison and getting drunk. That’s what outlaw country is to me.”

You’ll usually find Austin performing with the rest of the Sleepless Truckers, a five-piece band Austin formed with the goal of preserving old-school outlaw country. He said he wanted to “introduce it to the new generations, revisit it for the old ones and share [his] own personal story through the songs [he’s] written.”

Much of the inspiration for his songs and style come from his experience traveling across America in search of a new place to call home after spending 10 years in
Nashville “pickin’ and grinnin’ in the Broadway honkytonks.”

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“I grew up in Oklahoma, did a stint in the Navy and by no accident found myself out here (in Central Oregon) in 2017 after leaving Nashville in my search for the perfect beer and music scene,” said Austin.

Austin found what he was looking for — a place that serves great local beer and musicians that bring their all to the stage.

“I couldn’t have asked for a better group or found them anywhere else but here,” said Austin. “I’ve played with the best in the world and I promise you won’t find a better tighter group than what we’ve got right here.”

So if you’re looking for an intimate, raw performance of outlaw country by a local talent, head to General Duffy’s this Friday evening. “The beers are always cold and they’ve got some of the best food trucks,” Austin said about the venue.

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