Minnesota Judges Enabling Somali Fraud Epidemic With Slaps On Wrist The Feeding Our Future fraud is the largest pandemic-relief theft in American history - $250 million stolen, mostly by Somali immigrants who fabricated meal counts and pocketed federal child nutrition funds. The prosecutions have dragged on for years. Now that sentences are finally coming down, a troubling pattern is emerging: the...
Minnesota Judges Enabling Somali Fraud Epidemic With Slaps On Wrist The Feeding Our Future fraud is the largest pandemic-relief theft in American history - $250 million stolen, mostly by Somali immigrants who fabricated meal counts and pocketed federal child nutrition funds. The prosecutions have dragged on for years. Now that sentences are finally coming down, a troubling pattern is emerging: the punishments don’t seem to fit the crime. U.S. District Judge Nancy Brasel — nominated to the bench in 2018 through a package deal between the first Trump administration and Minnesota's Senate Democrats — has been at the center of two recent sentencing decisions that have taxpayers seething. On March 29, she sentenced Abdul Abubakar Ali to one year and one day in prison . Ali ran a shell company called Youth Inventors Lab under Feeding Our Future's sponsorship, orchestrated $3 million in fraud, submitted fake invoices claiming more than one million meals served, and served none. Federal sentencing guidelines recommended 30 to 37 months. Prosecutors asked for two and a half years. Brasel gave him a sentence of just one year and a day. That extra day is not accidental — it's the legal threshold that makes Ali eligible for transition to a halfway house on good behavior. One day later, Brasel sentenced Zamzam Jama to six months . Jama stole $5.6 million — nearly twice what Ali took — and was the first of six Jama family defendants associated with a Rochester restaurant to face sentencing; all were linked to the same fraud network. Prosecutors requested 16 months. Sentencing guidelines called for 10 to 16 months. Brasel issued a downward departure and handed Jama a sentence of just half a year. Jama must also pay $491,000 in restitution — a mere fraction of the $5.6 million she stole — and serve one year of probation. When reports of widespread abuse went viral last year due to the investigations by independent journalist Nick Shirley, Gov. Tim Walz insisted on maintaining contr...
The blended Fair Value estimate for IREN has shifted from about $79.31 to roughly $76.14, signaling a modest trim to modeled upside. That adjustment sits alongside Street research that combines enthusiasm around the Microsoft AI contract and 2 GW build out with fresh questions on execution, timing, and customer concentration. As you read on, you will see how these cross currents are shaping the ev...
The blended Fair Value estimate for IREN has shifted from about $79.31 to roughly $76.14, signaling a modest trim to modeled upside. That adjustment sits alongside Street research that combines enthusiasm around the Microsoft AI contract and 2 GW build out with fresh questions on execution, timing, and customer concentration. As you read on, you will see how these cross currents are shaping the evolving narrative around IREN and what to watch next. Analyst Price Targets don't always capture...
Intel has agreed to repurchase Apollo Global Management's 49% stake in the Ireland Fab 34 joint venture. The transaction is valued at about $14.2b and returns full ownership of Fab 34 to Intel. The deal centers on a major manufacturing site that is intended to support next generation AI chips. Intel (NasdaqGS: INTC) is taking back full control of Fab 34 at a time when its shares trade around $48.0...
Intel has agreed to repurchase Apollo Global Management's 49% stake in the Ireland Fab 34 joint venture. The transaction is valued at about $14.2b and returns full ownership of Fab 34 to Intel. The deal centers on a major manufacturing site that is intended to support next generation AI chips. Intel (NasdaqGS: INTC) is taking back full control of Fab 34 at a time when its shares trade around $48.03 and have returned 22.0% year to date. Over the past year, the stock has delivered a very...
Earnings Call Insights: Skillz (SKLZ) Q4 2025 Management View “For the fourth quarter of 2025, GAAP revenue was $30 million, up 11% from $27 million in the third quarter and up 67% from $18 million in the prior year period.” (Co-Founder, CEO & Chairman of the Board Andrew Paradise) “A key driver of 2025 was our AI ad tech segment, RZR, which was rebranded from Aarki last month. RZR delivered 146% ...
Earnings Call Insights: Skillz (SKLZ) Q4 2025 Management View “For the fourth quarter of 2025, GAAP revenue was $30 million, up 11% from $27 million in the third quarter and up 67% from $18 million in the prior year period.” (Co-Founder, CEO & Chairman of the Board Andrew Paradise) “A key driver of 2025 was our AI ad tech segment, RZR, which was rebranded from Aarki last month. RZR delivered 146% net revenue growth year-over-year. And for the first time since its 2021 acquisition, it generated positive adjusted EBITDA for the full year 2025.” (CEO Paradise) “Last month, at the Annual Game Developers Conference in San Francisco, we debuted our Pro SDK product.” (CEO Paradise) “We recently strengthened our Board of Directors with the addition of Gary Vecchiarelli and Shannon Demus.” (CEO Paradise) “Regarding Papaya, our trial is now set for April 13, 2026, in the Southern District of New York, and we look very much forward to our day in court.” (CEO Paradise) “As a reminder, in connection with our 2024 settlement with AviaGame, our annual $7.5 million payment was received in Q1 of 2026. To date, a total of $65 million has been received from AviaGame.” (CEO Paradise) “We ended Q4 2025 with $195 million in cash and cash equivalents and $130 million of debt outstanding that is now classified as current.” (Chief Financial Officer Gaetano Franceschi) Outlook The transcript did not include formal revenue or EPS guidance for 2026; management framed the near-term focus as capital structure actions and continued efficiency gains. “As the debt approaches maturity later this year, we continue to evaluate a range of strategic alternatives to optimize our capital structure.” (CFO Franceschi) Management’s profitability framing leaned on RZR’s shift to positive full-year adjusted EBITDA and continued platform improvements. “With RZR achieving positive full year adjusted EBITDA paired with continued improvements across the Skillz platform, we're making progress on our path to profita...
National theatre, London A queenly Lesley Manville steals the show in this dark, rageful tale of seduction as contact sport Pierre Choderlos de Laclos was serving as an artillery officer while writing his epistolary novel about a cold game of seduction in the salons of 18 th -century France which backfires on its conniving architects. It shows: love is a fight for power and control in his story, e...
National theatre, London A queenly Lesley Manville steals the show in this dark, rageful tale of seduction as contact sport Pierre Choderlos de Laclos was serving as an artillery officer while writing his epistolary novel about a cold game of seduction in the salons of 18 th -century France which backfires on its conniving architects. It shows: love is a fight for power and control in his story, every bit as strategic as a military campaign. Popularly known through the 1988 film Dangerous Liaisons, starring Glenn Close and John Malkovich (and also the teen version of it, 1999’s Cruel Intentions), this production is directed by Marianne Elliott and uses an adaptation by Christopher Hampton – whose play of the novel, first staged in 1985, was also the basis for the film starring Close. Continue reading...
Although EchoStar (NASDAQ: SATS) wasn't exactly a stock market star on Wednesday, it did quite well on the market. Investors bid it up by 3% that day, thanks to news from a company the satellite specialist has had plenty of dealings with over the years. That company has significant star power all on its own. It's the Elon Musk-led SpaceX, which has been closely scrutinized lately as it's expected ...
Although EchoStar (NASDAQ: SATS) wasn't exactly a stock market star on Wednesday, it did quite well on the market. Investors bid it up by 3% that day, thanks to news from a company the satellite specialist has had plenty of dealings with over the years. That company has significant star power all on its own. It's the Elon Musk-led SpaceX, which has been closely scrutinized lately as it's expected to launch an initial public offering (IPO) very soon. Image source: Getty Images. Continue reading