Category: Crime

MIL-OSI Security: Two Cousins Sentenced for Pandemic-Related Fraud

Source: Office of United States Attorneys

ATLANTA – Johnny Narcisse, and his cousin Johnson Dieujuste, have been sentenced to prison for their scheme to defraud the Paycheck Protection Program (“PPP”) and Economic Injury Disaster Loan (“EIDL”) program of more than $2 million.

“These defendants brazenly stole funds from programs designed to help individuals and businesses suffering during the COVID-19 pandemic,” said Acting U.S. Attorney Richard S. Moultrie, Jr. “We are grateful to our law enforcement partners for identifying and investigating these individuals which led to their successful prosecution.”

According to Acting U.S. Attorney Moultrie, Jr., the charges and other information presented in court: In July 2021, federal agents investigating a Florida resident for suspected tax crimes obtained and executed a search warrant for the home, computer and cellular phone of Johnny Narcisse in Georgia. The search of the computer and phone revealed a large volume of evidence showing that Narcisse and his cousin, Johnson Dieujuste, had been engaged in an extensive conspiracy with each other to recruit small business owners and then file fraudulent applications for COVID-19 relief loans, including both PPP and EIDL loans, on their behalf.

Narcisse and Dieujuste, after obtaining the names, business names, and employer identification numbers from the would-be borrowers, simply invented the rest of the information needed to apply for the fraudulent loans. If the loan was approved, the borrowers kicked back a percentage of the loan proceeds to Narcisse and/or Dieujuste. Dozens of loans were applied for as part of the scheme, with over $2 million dispersed.

Johnny Narcisse, 46, of Atlanta, Georgia, was sentenced by U.S. District Judge Eleanor L. Ross to two years, four months in prison followed by three years of supervised release. He was also ordered to pay restitution in the amount of $2,000,332. Narcisse was convicted on October 21, 2024, after he pleaded guilty to one count of conspiracy to commit wire fraud.

Johnson Dieujuste, 37, of Loganville, Georgia, was sentenced by Judge Ross on January 8, 2025, to two years, eight months in prison followed by three years of supervised release. He was also ordered to pay restitution in the amount of $2,081,559. Dieujuste was convicted on September 24, 2024, after he pleaded guilty to one count of conspiracy to commit wire fraud.

In addition to their conspiracy to file fraudulent loan applications on behalf of others, the evidence showed that Narcisse and Diejuste each independently filed for fraudulent COVID-19 loans for themselves. Both men were held accountable for those loans as well during the sentencing process, and the losses that resulted from this additional conduct were included in each defendant’s restitution order.

This case was investigated by the U.S. Treasury Inspector General for Tax Administration and Small Business Administration, Office of Inspector General.

Assistant U.S Attorney Alana R. Black, and Trial Attorneys Jennifer Bilinkas and David A. Peters of the Department of Justice Criminal Division’s Fraud Section, prosecuted the case.

On May 17, 2021, the Attorney General established the COVID-19 Fraud Enforcement Task Force to marshal the resources of the Department of Justice in partnership with agencies across government to enhance efforts to combat and prevent pandemic-related fraud. The Task Force bolsters efforts to investigate and prosecute the most culpable domestic and international criminal actors and assists agencies tasked with administering relief programs to prevent fraud by, among other methods, augmenting and incorporating existing coordination mechanisms, identifying resources and techniques to uncover fraudulent actors and their schemes, and sharing and harnessing information and insights gained from prior enforcement efforts. For more information on the Department’s response to the pandemic, please visit https://www.justice.gov/coronavirus

Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Department of Justice’s National Center for Disaster Fraud (NCDF) Hotline at 866-720-5721 or via the NCDF Web Complaint Form at: https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

For further information please contact the U.S. Attorney’s Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6016. The Internet address for the U.S. Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga.

MIL Security OSI –

January 30, 2025
MIL-OSI USA: Office of the Governor — News Release — Governor Green Applauds Federal Judge for Halting Funding Freeze

Source: US State of Hawaii

Office of the Governor — News Release — Governor Green Applauds Federal Judge for Halting Funding Freeze

Posted on Jan 28, 2025 in Latest Department News, Newsroom, Office of the Governor Press Releases

STATE OF HAWAIʻI
KA MOKU ʻĀINA O HAWAIʻI

JOSH GREEN, M.D.
GOVERNOR
KE KIAʻĀINA

GOVERNOR GREEN APPLAUDS FEDERAL JUDGE FOR HALTING FUNDING FREEZE

FOR IMMEDIATE RELEASE
January 28, 2025

HONOLULU — Governor Josh Green, M.D., applauds the ruling by a federal court judge today, blocking the order by President Trump to freeze federal funding for crucial programs serving Americans. The Governor stands in strong opposition to President Trump’s executive order pausing federal disbursements, which has caused a great deal of chaos, confusion and uncertainty.

“The presidential order seeks to prevent the people of Hawai‘i from receiving crucial services funded by the millions of dollars they pay to the federal government each year. This cannot stand,” said Governor Green. “My administration is currently assessing the impact of this pause on essential state programs and services, including education, health care, social services, and wildfire recovery. For those programs that are found to be impacted, the state of Hawai‘i will work to develop alternate plans to ensure that key services for local residents are continued. The state Attorney General has joined other states in initiating legal action to challenge the federal administration’s actions, as Hawai‘i has already encountered impacts of this threatened funding freeze.”

The U.S. Office of Management and Budget (OMB) issued a memorandum on January 27, 2025, which requires federal agencies to complete a comprehensive analysis of all of their federal financial assistance programs to identify programs, projects and activities that may be impacted by any of the president’s executive orders. During this review period, the obligation and disbursement of federal funds were to be paused effective January 28, 2025 at 5:00 p.m.

“The OMB has since issued clarification guidance indicating that any program that provides direct benefits to individuals is not subject to the pause, such as Medicaid, SNAP or Social Security benefits, among others,” said state Department of Budget and Finance Director Luis Salaveria.

“The Department of Accounting and General Services (DAGS) has several divisions or attached agencies that would be affected,” said state Comptroller Keith Regan. “The main impact would be to our public arts initiatives in the State Foundation of Culture and the Arts. Indirectly, it is possible the Archives may need to halt projects funded by its federal grants and our State Procurement Office’s Surplus Property Program may be affected by the pause in funding.”

The Hawai‘i Department of Transportation is working with the Trump Administration on clarifications to the OMB memo, including its impacts on obligated formula projects and discretionary funds.

The state Department of Law Enforcement welcomed the OMB’s clarification memo, but is still seeking final determination of impacts from federal partners.

“The Hawaiʻi Department of Labor and Industrial Relations (DLIR) is deeply concerned about the temporary pause on federal financial assistance and its potential impacts on our ability to deliver essential services,” said DLIR Director Jade T. Butay. “A significant portion of our operations, including workforce development, unemployment insurance, job training and workplace safety through our Occupational Safety and Health division, is supported by federal funds. Any disruption to these critical programs could affect workers, employers and communities statewide. We are actively monitoring the situation and are awaiting further guidance from the U.S. Department of Labor to understand the full scope of the impacts and next steps. We remain committed to serving the people of Hawaiʻi and ensuring the continuity of essential programs.”

The State of Hawaiʻi Department of Defense (HIDOD) (comprising the Hawaiʻi National Guard, Hawaiʻi Emergency Management Agency, Office of Veterans’ Services and Civilian Military Programs) evaluated potential impacts to its core mission to enable a safe, secure, and thriving state of Hawaiʻi. HIDOD relies on approximately $88M in federal funding for its annual operating budget; about $350M to administer its Hazardous Mitigation Program Grant; close to $25M for its Emergency Management Program Grant, and anticipates approximately $56M in FEMA reimbursement for the recent Maui Wildfires disaster response and recovery. It also receives federal grant funding for the High Intensity Drug Trafficking Areas (HIDTA) program to synergize its counter-narcotics efforts with federal, state and county law enforcement agencies.

“While these federal programs are being reviewed by OMB, there’s no immediate impact to operate, retain qualified personnel, and continue to protect the citizens of the state of Hawaiʻi,”, said Maj. Gen. Stephen Logan, State Adjutant General.

The Hawaiʻi State Public Library System (HSPLS) receives about $1.5M in Library Services and Technology Act funding that ensures that all local residents have access to library materials, technology in the library to connect to the Internet, and online databases that provide equal access to information and learning opportunities no matter where they live. The suspension of this funding will cause our communities to face limited access to information that supports their health, business, education and ability to connect to the world. Specifically, students will not have free access to test preparation and families will not have easy access to legal forms to support their needs.

HSPLS also is a recipient and partner for two digital equity projects. One provides basic digital literacy classes in all of our communities through May of this year. The second is part of the Federal Broadband Equity Access Deployment (BEAD) funding received by the University of Hawaiʻi. The funding supports Digital Literacy Navigators in all public libraries to ensure our patrons have access to learning the digital literacy skills they need to be successful.

Governor Green and his administration will continue to work to support the people of Hawai‘i, prioritizing affordability, housing, reducing homelessness, increasing food security and more, to allow the residents of the islands to live and thrive in the place they love and call home.

# # #

Media Contacts:  
Erika Engle
Press Secretary
Office of the Governor, State of Hawai‘i
Phone: 808-586-0120
Email: [email protected]

Makana McClellan
Director of Communications
Office of the Governor, State of Hawaiʻi
Cell: 808-265-0083
Email: [email protected]

MIL OSI USA News –

January 30, 2025
MIL-OSI United Kingdom: Court orders tagger caught on camera to pay £1,300

Source: City of Canterbury

Home » Latest News » Court orders tagger caught on camera to pay £1,300

A tagger has been forced to pay more than £1,300 in fines and costs after admitting daubing graffiti in four locations across Canterbury city centre.

Magistrates in Margate heard that Alexander Taylor of Paxton Avenue, Folkestone, was captured defacing the underpass in St George’s Street, Canterbury, with his tag by CCTV operators in May last year.

Canterbury City Council’s Environmental Crime team, Graffiti Officers and CCTV operators worked to trace the 24-year-old back to a vehicle parked in Ivy Lane.

The registered keeper of the vehicle was then invited to interview.

On Thursday (23 January), the court was told how Taylor was then linked to tags on Newingate House in Lower Bridge Street, a wall next to the entrance to the Beaney in Best Lane and the old Nason’s building in the High Street.

All were breaches of the council’s Public Spaces Protection Order (PSPO).

Taylor pleaded guilty to all four offences. Magistrates fined him £532 and ordered him to pay £200 costs, £365.12 compensation for cleaning costs and a victim surcharge of £213.

This case follows that of the Mr Slime tagger who was ordered to pay £1,500 in fines and costs in November.

Cllr Connie Nolan, Cabinet Member for Community Engagement, Safety and Enforcement, said: “Another tagger being asked to fork out a large sum of money must act as a warning to anyone tempted to scrawl across the city’s walls – we will track you down.

“Tagging isn’t harmless fun. It affects people’s quality of life and makes an area feel unsafe.

“And the cost of cleaning up after taggers and hunting them down could be better spent on other frontline services helping those in need.

“I pay tribute to the team behind this court case but also to our officers who cleaned off more than 5,000 tags across the district in 2024.”

Published: 29 January 2025

MIL OSI United Kingdom –

January 30, 2025
MIL-OSI Security: Criminals smuggling 1.5 billion untaxed cigarettes stopped
Source: Eurojust

The investigation into the smuggling group started in May 2020, when three containers arrived in Belgium filled with undeclared cigarettes instead of the supposed construction material destined for Germany. The group tried to avoid suspicion by filling one of the three containers with the declared goods and presenting it correctly to customs. The building materials would then be loaded into the second and third containers to get them through customs. The smuggling did not go unnoticed as customs officers discovered that the containers were filled with undeclared cigarettes.

With the support of the European Anti-Fraud Office, Belgian and German customs launched a cross-border investigation into the criminal group. They discovered that the same method had been used to smuggle over 150 containers filled with cigarettes into the EU. During the investigation, customs authorities also learned that the group was now also unloading cigarettes at warehouses in the Netherlands. The Dutch customs authorities joined the international investigation to take down the smuggling operation.

The cigarettes were manufactured in Türkiye and Iran, then exported to ports worldwide, reloaded and brought into EU ports using forged sea freight documents. The criminal group is suspected of smuggling 150 containers into the EU. The fiscal loss of the smuggling scheme is estimated at EUR 550 million.

The four-year long investigation culminated in an action day coordinated from Eurojust’s headquarters in The Hague. Authorities executed arrest warrants in three countries, leading to two arrests in Belgium, one in the Netherlands and seven in Germany. Seventeen locations and one vehicle were searched where authorities seized multiple phones laptops and paper documents.

The following authorities carried out the operations:
- Germany: Public Prosecutor’s Office Bielefeld; Customs Investigation Office Hanover
- Belgium: Public Prosecution Office Namur; Public Prosecution Office Charleroi; Federal Police Namur; Federal Police Charleroi; Belgian Customs Authorities
- The Netherlands: National Public Prosecutors Office for Economic and Environmental Crimes; Fiscal Intelligence and Investigation Service
- European Anti-Fraud Office (OLAF)
MIL Security OSI –
January 30, 2025

MIL-OSI: Nasdaq Reports Fourth Quarter and Full Year 2024 Results; A Year of Strong Financial Performance and Strategic Execution

Source: GlobeNewswire (MIL-OSI)

NEW YORK, Jan. 29, 2025 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ) today reported financial results for the fourth quarter and full year of 2024

2024 net revenues¹ were $4.6 billion, or $4.7 billion on a non-GAAP basis², an increase of 19% over 2023, or up 9% on an adjusted³ basis. This included Solutions⁴ revenue increasing 25%, or up 10% on an adjusted basis.
Fourth quarter 2024 net revenue was $1.2 billion, an increase of 10% over the fourth quarter of 2023. This included Solutions revenue increasing 10%, or up 9% on an adjusted basis.
Annualized Recurring Revenue (ARR)⁵ of $2.8 billion increased 7% over the fourth quarter of 2023. Annualized SaaS revenues increased 14% and represented 37% of ARR.
Financial Technology revenue of $438 million increased 10% over the fourth quarter of 2023, or up 7% on an adjusted basis.
Index revenue of $188 million grew 29%, with $80 billion of net inflows over the trailing twelve months and $28 billion in the fourth quarter.
GAAP diluted earnings per share fell 7% in 2024 and grew 72% in the fourth quarter of 2024. Non-GAAP diluted earnings per share was flat in 2024 and grew 5% in the fourth quarter of 2024, or grew 11% and 10% on organic⁶ basis, respectively.
In the fourth quarter of 2024, the company returned $138 million to shareholders through dividends. The company also repurchased $181 million of senior unsecured notes in the fourth quarter of 2024.

Fourth Quarter and Full Year 2024 Highlights

(US$ millions, except per share, % changes YoY)	4Q24	Change %	Adjusted change³%	Organic change %	2024	Change %	Adjusted change³%	Organic change %
GAAP Solutions revenue	$949	10%			$3,593	25%
Non-GAAP Solutions revenue	$949	10%	9%	9%	$3,627	26%	10%	10%
Market Services net revenue	$268	8%	12%	8%	$1,020	3%	4%	3%
GAAP net revenue	$1,227	10%			$4,649	19%
Non-GAAP net revenue	$1,227	10%	10%	9%	$4,683	20%	9%	8%
GAAP operating income	$517	47%			$1,798		14%
Non-GAAP operating income	$671	10%	13%	12%	$2,521	22%	11%	9%
ARR	$2,768	7%	7%	7%	$2,768	7%	7%	7%
GAAP diluted EPS	$0.61	72%			$1.93	(7)%
Non-GAAP diluted EPS	$0.76	5%		10%	$2.82	0%		11%

Adena Friedman, Chair and CEO said, “2024 was a transformative year for Nasdaq. With the integration of AxiomSL and Calypso largely complete, we’ve made substantial progress as a scalable platform company. We are executing well across our strategic priorities, including driving cross-sell opportunities, innovating across our solutions, and expanding client relationships with our One Nasdaq strategy.

Looking to 2025, we are well positioned to provide more value to our clients while driving profitable and durable growth as the trusted fabric of the world’s financial system.”

Sarah Youngwood, Executive Vice President and CFO said, “After setting ambitious targets, Nasdaq delivered strong revenue growth and profitability across 2024 and is tracking ahead of schedule against our deleveraging and cost synergy targets.

Our achievements this year reflect our team’s relentless focus on our clients and our ability to deliver outsized, long-term growth within our large and expanding market opportunity.”

FINANCIAL REVIEW

2024 net revenue was $4,649 million, reflecting 19% growth versus the prior year period while non-GAAP net revenue was $4,683 million. Adjusted net revenue growth was 9%.
Fourth quarter 2024 net revenue was $1,227 million, reflecting 10% growth versus the prior year period. Adjusted net revenue growth was also 10%.
Solutions revenue was $949 million in the fourth quarter of 2024, up 10% versus the prior year period, or up 9% on an adjusted basis, reflecting strong growth from Index and Financial Technology.
ARR grew 7% year over year in the fourth quarter of 2024 with 11% ARR growth for Financial Technology, or 12% on an organic basis, and 3% ARR growth for Capital Access Platforms.
Market Services net revenue was $268 million in the fourth quarter of 2024, up 8% versus the prior year period, or 12% growth on an adjusted basis. The increase was primarily driven by a $15 million increase in U.S. equity derivatives and a $14 million increase in U.S. cash equities, partly offset by a $4 million decrease in U.S. tape plan revenue.
2024 GAAP operating expenses were $2,851 million, an increase of 23% versus the prior year period. The increase for the year was due to expenses related to the acquisition of Adenza, which resulted in an incremental $288 million in amortization expense of acquired intangible assets, $220 million of other AxiomSL and Calypso operating expenses, as well as organic growth driven by increased investments in technology and people to drive innovation and long-term growth, partially offset by lower merger and strategic initiative costs.
Fourth quarter 2024 GAAP operating expenses were $710 million, a decrease of 7% versus the prior year period. The decrease in the fourth quarter was primarily due to lower merger and strategic initiative costs and lower general and administrative expense, partially offset by expenses related to the acquisition of Adenza, which resulted in an incremental $29 million in amortization expense of acquired intangible assets, $24 million of other AxiomSL and Calypso operating expenses, as well as organic growth driven by increased investments in technology and people to drive innovation and long-term growth.
2024 non-GAAP operating expenses were $2,162 million, an increase of 18% over 2023, or 6% growth on an adjusted basis. Fourth quarter 2024 non-GAAP operating expenses were $556 million, reflecting 10% growth versus the prior year period, or 6% growth on an adjusted basis. The increase for the full year and fourth quarter included $220 million and $24 million, respectively, of AxiomSL and Calypso operating expenses. The increases for the year and quarter on an adjusted basis reflected growth driven by increased investments in technology and people to drive innovation and long-term growth, as well as increased regulatory costs, partially offset by the benefit of synergies.
Cash flow from operations was $705 million for the fourth quarter and $1,939 million for 2024, enabling the company to make additional progress on its deleveraging plan. In the fourth quarter, the company returned $138 million to shareholders through dividends. The company also repurchased $181 million of senior unsecured notes in the fourth quarter of 2024. As of December 31, 2024, there was $1.7 billion remaining under the board authorized share repurchase program.

2025 EXPENSE AND TAX GUIDANCE UPDATE⁷

The company is initiating its 2025 non-GAAP operating expense guidance at a range of $2,245 million to $2,325 million, and its 2025 non-GAAP tax rate guidance to be in the range of 22.5% to 24.5%.

STRATEGIC AND BUSINESS UPDATES

Strong execution across Financial Technology led to double-digit ARR growth in the fourth quarter. Financial Technology ARR growth was up 12% on an organic basis, in the fourth quarter with 120 new clients, 127 upsells, and 4 cross-sells. Division revenue increased 7% on an adjusted basis. Financial Technology had an exceptional year for new bookings, including a number of sizeable and strategic enterprise deals, underscoring its leadership position and expanding Nasdaq’s right to win across its products. Fourth quarter highlights included:
- Financial Technology continued its international expansion with several strategic enterprise deals. In the fourth quarter, Nasdaq signed a long-term agreement to provide a future-proof, regulatory management solution through AxiomSL to AuRep, a collaborative joint venture of banks and financial service providers in Austria. The companies will provide additional details on this important partnership in the coming weeks. AxiomSL also secured an upsell with Société Générale to manage its domestic regulatory reporting needs. During the quarter, Calypso also expanded its reach with international customers through upsells with a large European bank and a Middle Eastern bank.
- Financial Crime Management Technology generated 23% ARR growth with 114% net revenue retention. In the fourth quarter, Nasdaq Verafin added 102 new SMB clients, completed a new cross-sell with a Tier 1 bank, and launched in Europe. Nasdaq Verafin’s data consortium continues to benefit from strong growth in its client base, which now represents nearly $10 trillion in assets.
- AxiomSL and Calypso accelerated cloud bookings. Cloud bookings as a percent of AxiomSL and Calypso’s combined new annual contract value was 52% for 2024 and 60% in the fourth quarter, increasing the combined business’ cloud mix of ARR to 27% at year end.
Index delivered another quarter of outstanding performance benefiting from its growth strategy across innovation, globalization, and institutional client expansion. In 2024, Nasdaq’s Index business launched a record 116 new products with its clients, more than half of which were international, 27 were within the institutional insurance annuity space, and 30 were launched in partnership with new Index clients. For the year, the business had $80 billion of net inflows, including $28 billion in the fourth quarter, and reported its fifth consecutive record quarter in ETP AUM, reaching $647 billion at quarter end.
Nasdaq extended listing leadership in 2024 with its sixth consecutive year as the top U.S. exchange by number of IPOs and proceeds raised. For the year, Nasdaq welcomed 180 IPOs, representing $23 billion in total proceeds raised. New listings included 130 operating companies, headlined by Lineage, the largest IPO of the year. In 2024, Nasdaq had an 80% win rate among eligible operating company IPOs in the U.S. In the third quarter, Nasdaq celebrated its 500th listing transfer, bringing the cumulative market capitalization at transfer to nearly $3 trillion. The company had 14 new transfers in the fourth quarter, including Palantir, the largest transfer on a U.S. exchange in 2024, bringing the total to 30 new switches with over $180 billion in market value for the year.
Market Services achieved record fourth quarter and full year net revenue. Fourth quarter net revenue benefited from momentum in U.S. cash equities, including the Closing Cross reaching a new record in fourth quarter share volume, and record U.S. equity derivatives volumes. 2024 Market Services net revenue growth reflected healthy growth in U.S. cash equities, with the Closing Cross setting full year records in both share volume and notional value traded, and index options revenue more than doubling.
Nasdaq successfully delivered on its 2024 strategic priorities – Integrate, Innovate, Accelerate – positioning the company to capitalize on opportunities for sustainable, scalable, and resilient growth.
- Integrate – Nasdaq finished the year ahead of its net expense synergy and deleveraging goals. The company has fully actioned the $80 million net expense synergies goal that was announced with the acquisition of AxiomSL and Calypso, a year ahead of the initial target. Nasdaq is broadening its efficiency program beyond the Financial Technology division and now expects to action annual cost savings of $140 million by the end of 2025, inclusive of the net expense synergies related to the AxiomSL and Calypso acquisition.
- Innovate – In 2024, Nasdaq demonstrated its innovation leadership with the launch of AI-powered solutions and product enhancements across its divisions. Nasdaq has a robust pipeline of new AI capabilities to deliver through our software and analytics solutions, with several feature launches planned for 2025. The company has advanced its focus from “exploration and experimentation” to driving “impact” as it targets AI-driven productivity enhancements across the organization.
- Accelerate – The company continues to make progress on its One Nasdaq strategy, with 17 cross-sell deals since the Adenza acquisition across solutions such as Nasdaq Surveillance, AxiomSL, and Verafin. Nasdaq remains on track to exceed $100 million in run-rate revenue from cross-sells by the end of 2027.

____________
¹ Represents revenue less transaction-based expenses.
² Refer to our reconciliations of U.S. GAAP to non-GAAP Solutions revenue, net revenue, net income attributable to Nasdaq, diluted earnings per share, operating income, operating expenses and organic impacts included in the attached schedules.
³Adjusted change reflects AxiomSL and Calypso on a pro forma basis (including ratable revenue recognition for AxiomSL in 2024 and 2023). Adjusted change also excludes the impacts of foreign currency except for AxiomSL and Calypso, which will be calculated on an organic basis beginning in 2025, and the previously announced one-time revenue benefits in Market Services in 4Q23 and Index in 1Q24. These results are not calculated, and do not intend to be calculated, in a manner consistent with the pro forma requirements in Article 11 of Regulation S-X. Preparation of this information in accordance with Article 11 would differ from results presented in this earnings release.
⁴ Constitutes revenue from our Capital Access Platforms and Financial Technology segments.
⁵ Annualized Recurring Revenue (ARR) for a given period is the current annualized value derived from subscription contracts with a defined contract value. This excludes contracts that are not recurring, are one-time in nature or where the contract value fluctuates based on defined metrics. ARR is currently one of our key performance metrics to assess the health and trajectory of our recurring business. ARR does not have any standardized definition and is therefore unlikely to be comparable to similarly titled measures presented by other companies. ARR should be viewed independently of revenue and deferred revenue and is not intended to be combined with or to replace either of those items. For AxiomSL and Calypso recurring revenue contracts, the amount included in ARR is consistent with the amount that we invoice the customer during the current period. Additionally, for AxiomSL and Calypso recurring revenue contracts that include annual values that increase over time, we include in ARR only the annualized value of components of the contract that are considered active as of the date of the ARR calculation. We do not include the future committed increases in the contract value as of the date of the ARR calculation. ARR is not a forecast and the active contracts at the end of a reporting period used in calculating ARR may or may not be extended or renewed by our customers.
⁶ Organic changes reflect adjustments for: (i) the impact of period-over-period changes in foreign currency exchange rates, and (ii) the revenue, expenses and operating income associated with acquisitions and divestitures for the twelve month period following the date of the acquisition or divestiture.
⁷ U.S. GAAP operating expense and tax rate guidance are not provided due to the inherent difficulty in quantifying certain amounts due to a variety of factors including the unpredictability in the movement in foreign currency rates, as well as future charges or reversals outside of the normal course of business.

ABOUT NASDAQ

Nasdaq (Nasdaq: NDAQ) is a global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

NON-GAAP INFORMATION

In addition to disclosing results determined in accordance with U.S. GAAP, Nasdaq also discloses certain non-GAAP results of operations, including, but not limited to, non-GAAP Solutions revenue, non-GAAP net revenue, non-GAAP net income attributable to Nasdaq, non-GAAP diluted earnings per share, non-GAAP operating income, and non-GAAP operating expenses, that include certain adjustments or exclude certain charges and gains that are described in the reconciliation table of U.S. GAAP to non-GAAP information provided at the end of this release. Management uses this non-GAAP information internally, along with U.S. GAAP information, in evaluating our performance and in making financial and operational decisions. We believe our presentation of these measures provides investors with greater transparency and supplemental data relating to our financial condition and results of operations. In addition, we believe the presentation of these measures is useful to investors for period-to-period comparisons of results as the items described below in the reconciliation tables do not reflect ongoing operating performance.

These measures are not in accordance with, or an alternative to, U.S. GAAP, and may be different from non-GAAP measures used by other companies. In addition, other companies, including companies in our industry, may calculate such measures differently, which reduces their usefulness as a comparative measure. Investors should not rely on any single financial measure when evaluating our business. This information should be considered as supplemental in nature and is not meant as a substitute for our operating results in accordance with U.S. GAAP. We recommend investors review the U.S. GAAP financial measures included in this earnings release. When viewed in conjunction with our U.S. GAAP results and the accompanying reconciliations, we believe these non-GAAP measures provide greater transparency and a more complete understanding of factors affecting our business than U.S. GAAP measures alone.

We understand that analysts and investors regularly rely on non-GAAP financial measures, such as those noted above, to assess operating performance. We use these measures because they highlight trends more clearly in our business that may not otherwise be apparent when relying solely on U.S. GAAP financial measures, since these measures eliminate from our results specific financial items that have less bearing on our ongoing operating performance.

Organic revenue and expense growth, organic change and organic impact are non-GAAP measures that reflect adjustments for: (i) the impact of period-over-period changes in foreign currency exchange rates, and (ii) the revenue, expenses and operating income associated with acquisitions and divestitures for the twelve month period following the date of the acquisition or divestiture. Reconciliations of these measures are described within the body of this release or in the reconciliation tables at the end of this release.

Foreign exchange impact: In countries with currencies other than the U.S. dollar, revenue and expenses are translated using monthly average exchange rates. Certain discussions in this release isolate the impact of year-over-year foreign currency fluctuations to better measure the comparability of operating results between periods. Operating results excluding the impact of foreign currency fluctuations are calculated by translating the current period’s results by the prior period’s exchange rates.

Restructuring programs: In the fourth quarter of 2023, following the closing of the Adenza acquisition, our management approved, committed to and initiated a restructuring program to optimize our efficiencies as a combined organization. We further expanded this program in the fourth quarter of 2024 to accelerate our momentum and further optimize our efficiencies (efficiency program). We have incurred costs principally related to employee-related costs, contract terminations, real estate impairments and other related costs and expect to incur additional costs in these areas in an effort to accelerate efficiencies through location strategy and enhanced AI capabilities. Actions taken as part of this program will be complete by the end of 2025, while certain costs may be recognized in the first half of 2026. We expect to achieve benefits primarily in the form of expense synergies. In October 2022, following our September announcement to realign our segments and leadership, we initiated a divisional alignment program with a focus on realizing the full potential of this structure. In connection with the program, we expect to incur pre-tax charges principally related to employee-related costs, consulting, asset impairments and contract terminations over a two-year period. We expect to achieve benefits in the form of both increased customer engagement and operating efficiencies. Costs related to the Adenza restructuring and the divisional alignment programs are recorded as “restructuring charges” in our consolidated statements of income. We exclude charges associated with these programs for purposes of calculating non-GAAP measures as they are not reflective of ongoing operating performance or comparisons in Nasdaq’s performance between periods.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to (i) projections relating to our future financial results, total shareholder returns, growth, dividend program, trading volumes, products and services, ability to transition to new business models or implement our new corporate structure, taxes and achievement of synergy targets, (ii) statements about the closing or implementation dates and benefits of certain acquisitions, divestitures and other strategic, restructuring, technology, environmental, deleveraging and capital allocation initiatives, (iii) statements about our integrations of our recent acquisitions, (iv) statements relating to any litigation or regulatory or government investigation or action to which we are or could become a party, and (v) other statements that are not historical facts. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These factors include, but are not limited to, Nasdaq’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, geopolitical instability, government and industry regulation, interest rate risk, U.S. and global competition. Further information on these and other factors are detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q, which are available on Nasdaq’s investor relations website at http://ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

WEBSITE DISCLOSURE

Nasdaq intends to use its website, ir.nasdaq.com, as a means for disclosing material non-public information and for complying with SEC Regulation FD and other disclosure obligations.

Media Relations Contact
Nick Jannuzzi
+1.973.760.1741
Nicholas.Jannuzzi.@Nasdaq.com

Investor Relations Contact
Ato Garrett
+1.212.401.8737
Ato.Garrett@Nasdaq.com

NDAQF

Nasdaq, Inc.
Condensed Consolidated Statements of Income
(in millions, except per share amounts)


		Three Months Ended						Year Ended
		December 31,			December 31,			December 31,			December 31,
		2024			2023			2024			2023
		(unaudited)			(unaudited)			(unaudited)
Revenues:
Capital Access Platforms		$	511		$	461		$	1,972		$	1,770
Financial Technology			438			399			1,621			1,099
Market Services			1,070			778			3,771			3,156
Other Revenues			10			10			36			39
	Total revenues		2,029			1,648			7,400			6,064
Transaction-based expenses:
Transaction rebates			(548	)		(462	)		(2,026	)		(1,838	)
Brokerage, clearance and exchange fees			(254	)		(69	)		(725	)		(331	)
Revenues less transaction-based expenses			1,227			1,117			4,649			3,895

Operating Expenses:
Compensation and benefits			324			305			1,324			1,082
Professional and contract services			44			36			152			128
Technology and communication infrastructure			75			65			281			233
Occupancy			28			30			112			129
General, administrative and other			24			52			109			113
Marketing and advertising			20			16			54			47
Depreciation and amortization			152			125			613			323
Regulatory			18			8			55			34
Merger and strategic initiatives			12			97			35			148
Restructuring charges			13			31			116			80
	Total operating expenses		710			765			2,851			2,317
Operating income			517			352			1,798			1,578
Interest income			8			30			28			115
Interest expense			(101	)		(111	)		(414	)		(284	)
Other income (loss)			7			5			21			(1	)
Net income (loss) from unconsolidated investees			9			2			16			(7	)
Income before income taxes			440			278			1,449			1,401
Income tax provision			85			81			334			344
Net income			355			197			1,115			1,057
Net loss attributable to noncontrolling interests			—			—			2			2
Net income attributable to Nasdaq		$	355		$	197		$	1,117		$	1,059

Per share information:
Basic earnings per share		$	0.62		$	0.36		$	1.94		$	2.10
Diluted earnings per share		$	0.61		$	0.36		$	1.93		$	2.08
Cash dividends declared per common share		$	0.24		$	0.22		$	0.94		$	0.86

Weighted-average common shares outstanding
for earnings per share:
Basic			574.8			547.1			575.4			504.9
Diluted			579.7			550.6			579.2			508.4

Nasdaq, Inc.
Revenue Detail
(in millions)


	Three Months Ended						Year Ended
	December 31,			December 31,			December 31,			December 31,
	2024			2023			2024			2023
	(unaudited)			(unaudited)			(unaudited)
CAPITAL ACCESS PLATFORMS
Data and Listing Services revenues	$	192		$	189		$	754		$	749
Index revenues		188			146			706			528
Workflow and Insights revenues		131			126			512			493
Total Capital Access Platforms revenues		511			461			1,972			1,770

FINANCIAL TECHNOLOGY
Financial Crime Management Technology revenues		73			60			273			223
Regulatory Technology revenues		98			110			352			212
Capital Markets Technology revenues		267			229			996			664
Total Financial Technology revenues		438			399			1,621			1,099

MARKET SERVICES
Market Services revenues		1,070			778			3,771			3,156
Transaction-based expenses:
Transaction rebates		(548	)		(462	)		(2,026	)		(1,838	)
Brokerage, clearance and exchange fees		(254	)		(69	)		(725	)		(331	)
Total Market Services revenues, net		268			247			1,020			987

OTHER REVENUES		10			10			36			39

REVENUES LESS TRANSACTION-BASED EXPENSES	$	1,227		$	1,117		$	4,649		$	3,895

Nasdaq, Inc.
Condensed Consolidated Balance Sheets
(in millions)

		December 31,			December 31,
		2024			2023
Assets		(unaudited)
Current assets:
	Cash and cash equivalents	$	592		$	453
	Restricted cash and cash equivalents		31			20
	Default funds and margin deposits		5,664			7,275
	Financial investments		184			188
	Receivables, net		1,022			929
	Other current assets		293			231
Total current assets			7,786			9,096
Property and equipment, net			593			576
Goodwill			13,957			14,112
Intangible assets, net			6,905			7,443
Operating lease assets			375			402
Other non-current assets			779			665
Total assets		$	30,395		$	32,294

Liabilities
Current liabilities:
	Accounts payable and accrued expenses	$	269		$	332
	Section 31 fees payable to SEC		319			84
	Accrued personnel costs		325			303
	Deferred revenue		711			594
	Other current liabilities		215			146
	Default funds and margin deposits		5,664			7,275
	Short-term debt		399			291
Total current liabilities			7,902			9,025
Long-term debt			9,081			10,163
Deferred tax liabilities, net			1,594			1,642
Operating lease liabilities			388			417
Other non-current liabilities			230			220
Total liabilities			19,195			21,467

Commitments and contingencies
Equity
Nasdaq stockholders’ equity:
	Common stock		6			6
	Additional paid-in capital		5,530			5,496
	Common stock in treasury, at cost		(647	)		(587	)
	Accumulated other comprehensive loss		(2,099	)		(1,924	)
	Retained earnings		8,401			7,825
Total Nasdaq stockholders’ equity			11,191			10,816
	Noncontrolling interests		9			11
Total equity			11,200			10,827
Total liabilities and equity		$	30,395		$	32,294

Nasdaq, Inc.
Reconciliation of U.S. GAAP to Non-GAAP Net Income Attributable to Nasdaq and Diluted Earnings Per Share
(in millions, except per share amounts)
(unaudited)


		Three Months Ended						Year Ended
		December 31,			December 31,			December 31,			December 31,
		2024			2023			2024			2023

U.S. GAAP net income attributable to Nasdaq		$	355		$	197		$	1,117		$	1,059
Non-GAAP adjustments:
	Adenza purchase accounting adjustment ⁽¹⁾		—			—			34			—
	Amortization expense of acquired intangible assets ⁽²⁾		122			95			488			206
	Merger and strategic initiatives expense ⁽³⁾		12			97			35			148
	Restructuring charges ⁽⁴⁾		13			31			116			80
	Lease asset impairments ⁽⁵⁾		—			1			—			25
	Net (income) loss from unconsolidated investees ⁽⁶⁾		(9	)		(2	)		(16	)		7
	Extinguishment of debt ⁽⁷⁾		4			—			4			—
	Legal and regulatory matters ⁽⁸⁾		2			23			20			12
	Pension settlement charge ⁽⁹⁾		—			9			23			9
	Other (income) loss ⁽¹⁰⁾		(6	)		3			(15	)		21
	Total non-GAAP adjustments		138			257			689			508
	Non-GAAP adjustment to the income tax provision ⁽¹¹⁾		(55	)		(59	)		(208	)		(134	)
	Tax on intra-group transfer of intellectual property assets ⁽¹²⁾		—			—			33			—
	Total non-GAAP adjustments, net of tax		83			198			514			374
Non-GAAP net income attributable to Nasdaq		$	438		$	395		$	1,631		$	1,433

U.S. GAAP diluted earnings per share		$	0.61		$	0.36		$	1.93		$	2.08
	Total adjustments from non-GAAP net income above		0.15			0.36			0.89			0.74
Non-GAAP diluted earnings per share		$	0.76		$	0.72		$	2.82		$	2.82

Weighted-average diluted common shares outstanding for earnings per share:			579.7			550.6			579.2			508.4


(1) During the third quarter of 2024, as part of finalizing the purchase accounting of the Adenza acquisition, we implemented a change to the accounting treatment of the revenues associated with AxiomSL on-premises subscription contracts, which are included in the Regulatory Technology business within the Financial Technology segment. Starting in the third quarter of 2024, we began recognizing AxiomSL’s subscription-based revenues on a ratable basis over the contract term. As a result of this change, we recognized a one-time revenue reduction of $32 million in the third quarter of 2024, reflecting the net impact of the accounting change since the date of the Adenza acquisition. The adjustment of $34 million reflects the prior year impact of this change.

(2) We amortize intangible assets acquired in connection with various acquisitions. Intangible asset amortization expense can vary from period to period due to episodic acquisitions completed, rather than from our ongoing business operations.

(3) We have pursued various strategic initiatives and completed acquisitions and divestitures in recent years which have resulted in expenses which would not have otherwise been incurred. These expenses generally include integration costs, as well as legal, due diligence and other third party transaction costs. The frequency and amount of such expenses vary significantly based on the size, timing and complexity of the transaction. For the three months and years ended December 31, 2024 and December 31, 2023, these costs primarily relate to the Adenza acquisition. For the year ended December 31, 2024, these costs were partially offset by a termination payment recognized in the second quarter of 2024 relating to the proposed divestiture of our Nordic power trading and clearing business.

(4) In the fourth quarter of 2023, following the closing of the Adenza acquisition, our management approved, committed to and initiated a restructuring program to optimize our efficiencies as a combined organization. In connection with this program, we expect to incur pre-tax charges principally related to employee-related costs, contract terminations, real estate impairments and other related costs. We expect to achieve benefits primarily in the form of expense and revenue synergies. In October 2022, following our September 2022 announcement to realign our segments and leadership, we initiated a divisional alignment program with a focus on realizing the full potential of this structure. In September 2024, we completed our divisional alignment program and recognized total pre-tax charges of $139 million over a two-year period.

(5) During the first quarter of 2023, we initiated a review of our real estate and facility capacity requirements due to our new and evolving work models. As a result, for the year ended December 31, 2023, we recorded impairment charges related to our operating lease assets and leasehold improvements associated with vacating certain leased office space, which are recorded in occupancy expense and depreciation and amortization expense in our Condensed Consolidated Statements of Income.

(6) We exclude our share of the earnings and losses of our equity method investments. This provides a more meaningful analysis of Nasdaq’s ongoing operating performance or comparisons in Nasdaq’s performance between periods.

(7) For the three months and year ended December 31, 2024, we recorded costs related to the early extinguishment of debt. This charge is recorded in general, administrative expense in our Condensed Consolidated Statements of Income.

(8) For the year ended December 31, 2024, these items primarily included the settlement of a Swedish Financial Supervisory Authority (SFSA) fine and accruals related to certain legal matters. For the three months and year ended December 31, 2023, these charges primarily included accruals related to certain legal matters recorded in general, administrative and other expense and professional and contract services expense in our Condensed Consolidated Statements of Income. For the year ended December 31, 2023, these accruals were offset with insurance recoveries related to legal matters recorded in general, administrative and other expense and professional and contract services expense in our Condensed Consolidated Statements of Income.

(9) For the years ended December 31, 2024 and 2023 and for the three months ended December 31, 2023, we recorded a pre-tax charge as a result of settling our U.S. pension plan. The plan was terminated and partially settled in 2023, with final settlement occurring during the first quarter of 2024. The loss was recorded in compensation and benefits in the Condensed Consolidated Statements of Income.

(10) For the three months and year ended December 31, 2024, other items include net gains from strategic investments entered into through our corporate venture program, which are included in other income (loss) in our Consolidated Statements of Income. For the three months and year ended December 31, 2023, other items included certain financing costs related to the Adenza acquisition and a net loss from a strategic investments entered into through our corporate venture program.

(11) The non-GAAP adjustment to the income tax provision primarily includes the tax impact of each non-GAAP adjustment. For the three months and year ended December 31, 2024, we recorded a tax benefit related to return to provision adjustments and release of tax reserves due to lapse in statute of limitations.

(12) For the year ended December 31, 2024, the completion of an intra-group transfer of intellectual property assets to U.S. headquarters resulted in a net tax expense of $33 million.

Nasdaq, Inc.
Reconciliation of U.S. GAAP to Non-GAAP Revenues Less Transaction-Based Expenses
(in millions)
(unaudited)

	Year Ended
	December 31, 2024
	U.S. GAAP Revenues Less Transaction- Based Expenses		Adenza purchase accounting adjustment ⁽¹⁾		Non-GAAP Revenues Less Transaction- Based Expenses
CAPITAL ACCESS PLATFORMS	$	1,972	$	—	$	1,972

FINANCIAL TECHNOLOGY
Financial Crime Management Technology revenues		273		—		273
Regulatory Technology revenues ⁽¹⁾		352		34		386
Capital Markets Technology revenues		996		—		996
Total Financial Technology revenues		1,621		34		1,655
SOLUTIONS REVENUES		3,593		34		3,627

MARKET SERVICES REVENUES, NET		1,020		—		1,020
OTHER REVENUES		36		—		36
REVENUES LESS TRANSACTION-BASED EXPENSES	$	4,649	$	34	$	4,683


(1) During the third quarter of 2024, as part of finalizing the purchase accounting of the Adenza acquisition, we implemented a change to the accounting treatment of the revenues associated with AxiomSL on-premises subscription contracts, which are included in the Regulatory Technology business within the Financial Technology segment. Starting in the third quarter of 2024, we began recognizing AxiomSL’s subscription-based revenues on a ratable basis over the contract term. As a result of this change, we recognized a one-time revenue reduction of $32 million in the third quarter of 2024, reflecting the net impact of the accounting change since the date of the Adenza acquisition. The adjustment of $34 million reflects the prior year impact of this change.

Nasdaq, Inc.
Reconciliation of U.S. GAAP to Non-GAAP Operating Income and Operating Margin
(in millions)
(unaudited)

		Three Months Ended						Year Ended
		December 31,			December 31,			December 31,			December 31,
		2024			2023			2024			2023

U.S. GAAP operating income		$	517		$	352		$	1,798		$	1,578
Non-GAAP adjustments:
	Adenza purchase accounting adjustment ⁽¹⁾		—			—			34			—
	Amortization expense of acquired intangible assets ⁽²⁾		122			95			488			206
	Merger and strategic initiatives expense ⁽³⁾		12			97			35			148
	Restructuring charges ⁽⁴⁾		13			31			116			80
	Lease asset impairments ⁽⁵⁾		—			1			—			25
	Extinguishment of debt ⁽⁶⁾		4			—			4			—
	Legal and regulatory matters ⁽⁷⁾		2			23			20			12
	Pension settlement charge ⁽⁸⁾		—			9			23			9
	Other loss		1			5			3			7
	Total non-GAAP adjustments		154			261			723			487
Non-GAAP operating income		$	671		$	613		$	2,521		$	2,065

U.S. GAAP revenues less transaction-based expenses		$	1,227		$	1,117		$	4,649		$	3,895

Non-GAAP revenues less transaction-based expenses		$	1,227		$	1,117		$	4,683		$	3,895

U.S. GAAP operating margin ⁽⁹⁾			42	%		32	%		39	%		41	%

Non-GAAP operating margin ⁽¹⁰⁾			55	%		55	%		54	%		53	%

Note: The current period percentages are calculated based on exact dollars, and therefore may not recalculate exactly using rounded numbers as presented in US$ millions.

(1) During the third quarter of 2024, as part of finalizing the purchase accounting of the Adenza acquisition, we implemented a change to the accounting treatment of the revenues associated with AxiomSL on-premises subscription contracts, which are included in the Regulatory Technology business within the Financial Technology segment. Starting in the third quarter of 2024, we began recognizing AxiomSL’s subscription-based revenues on a ratable basis over the contract term. As a result of this change, we recognized a one-time revenue reduction of $32 million in the third quarter of 2024, reflecting the net impact of the accounting change since the date of the Adenza acquisition. The adjustment of $34 million reflects the prior year impact of this change.

(2) We amortize intangible assets acquired in connection with various acquisitions. Intangible asset amortization expense can vary from period to period due to episodic acquisitions completed, rather than from our ongoing business operations.

(3) We have pursued various strategic initiatives and completed acquisitions and divestitures in recent years which have resulted in expenses which would not have otherwise been incurred. These expenses generally include integration costs, as well as legal, due diligence and other third party transaction costs. The frequency and amount of such expenses vary significantly based on the size, timing and complexity of the transaction. For the three months and years ended December 31, 2024 and December 31, 2023, these costs primarily relate to the Adenza acquisition. For the year ended December 31, 2024, these costs were partially offset by a termination payment recognized in the second quarter of 2024 relating to the proposed divestiture of our Nordic power trading and clearing business.

(4) In the fourth quarter of 2023, following the closing of the Adenza acquisition, our management approved, committed to and initiated a restructuring program to optimize our efficiencies as a combined organization. In connection with this program, we expect to incur pre-tax charges principally related to employee-related costs, contract terminations, real estate impairments and other related costs. We expect to achieve benefits primarily in the form of expense and revenue synergies. In October 2022, following our September 2022 announcement to realign our segments and leadership, we initiated a divisional alignment program with a focus on realizing the full potential of this structure. In September 2024, we completed our divisional alignment program and recognized total pre-tax charges of $139 million over a two-year period.

(5) During the first quarter of 2023, we initiated a review of our real estate and facility capacity requirements due to our new and evolving work models. As a result, for the year ended December 31, 2023, we recorded impairment charges related to our operating lease assets and leasehold improvements associated with vacating certain leased office space, which are recorded in occupancy expense and depreciation and amortization expense in our Condensed Consolidated Statements of Income.

(6) For the three months and year ended December 31, 2024, we recorded costs related to the early extinguishment of debt. This charge is recorded in general, administrative expense in our Condensed Consolidated Statements of Income.

(7) For the year ended December 31, 2024, these items primarily included the settlement of a SFSA fine and accruals related to certain legal matters. For the three months and year ended December 31, 2023, these charges primarily included accruals related to certain legal matters recorded in general, administrative and other expense and professional and contract services expense in our Condensed Consolidated Statements of Income. For the year ended December 31, 2023, these accruals were offset with insurance recoveries related to legal matters recorded in general, administrative and other expense and professional and contract services expense in our Condensed Consolidated Statements of Income.

(8) For the years ended December 31, 2024 and 2023 and for the three months ended December 31, 2023, we recorded a pre-tax charge as a result of settling our U.S. pension plan. The plan was terminated and partially settled in 2023, with final settlement occurring during the first quarter of 2024. The loss was recorded in compensation and benefits in the Condensed Consolidated Statements of Income.

(9) U.S. GAAP operating margin equals U.S. GAAP operating income divided by revenues less transaction-based expenses.

(10) Non-GAAP operating margin equals non-GAAP operating income divided by non-GAAP revenues less transaction-based expenses.

Nasdaq, Inc.
Reconciliation of U.S. GAAP to Non-GAAP Operating Expenses
(in millions)
(unaudited)

		Three Months Ended						Year Ended
		December 31,			December 31,			December 31,			December 31,
		2024			2023			2024			2023

U.S. GAAP operating expenses		$	710		$	765		$	2,851		$	2,317
Non-GAAP adjustments:
	Amortization expense of acquired intangible assets ⁽¹⁾		(122	)		(95	)		(488	)		(206	)
	Merger and strategic initiatives expense ⁽²⁾		(12	)		(97	)		(35	)		(148	)
	Restructuring charges ⁽³⁾		(13	)		(31	)		(116	)		(80	)
	Lease asset impairments ⁽⁴⁾		—			(1	)		—			(25	)
	Extinguishment of debt ⁽⁵⁾		(4	)		—			(4	)		—
	Legal and regulatory matters ⁽⁶⁾		(2	)		(23	)		(20	)		(12	)
	Pension settlement charge ⁽⁷⁾		—			(9	)		(23	)		(9	)
	Other (loss)		(1	)		(5	)		(3	)		(7	)
	Total non-GAAP adjustments		(154	)		(261	)		(689	)		(487	)
Non-GAAP operating expenses		$	556		$	504		$	2,162		$	1,830


(1) We amortize intangible assets acquired in connection with various acquisitions. Intangible asset amortization expense can vary from period to period due to episodic acquisitions completed, rather than from our ongoing business operations.

(2) We have pursued various strategic initiatives and completed acquisitions and divestitures in recent years which have resulted in expenses which would not have otherwise been incurred. These expenses generally include integration costs, as well as legal, due diligence and other third party transaction costs. The frequency and amount of such expenses vary significantly based on the size, timing and complexity of the transaction. For the three months and years ended December 31, 2024 and December 31, 2023, these costs primarily relate to the Adenza acquisition. For the year ended December 31, 2024, these costs were partially offset by a termination payment recognized in the second quarter of 2024 relating to the proposed divestiture of our Nordic power trading and clearing business.

(3) In the fourth quarter of 2023, following the closing of the Adenza acquisition, our management approved, committed to and initiated a restructuring program to optimize our efficiencies as a combined organization. In connection with this program, we expect to incur pre-tax charges principally related to employee-related costs, contract terminations, real estate impairments and other related costs. We expect to achieve benefits primarily in the form of expense and revenue synergies. In October 2022, following our September 2022 announcement to realign our segments and leadership, we initiated a divisional alignment program with a focus on realizing the full potential of this structure. In September 2024, we completed our divisional alignment program and recognized total pre-tax charges of $139 million over a two-year period.

(4) During the first quarter of 2023, we initiated a review of our real estate and facility capacity requirements due to our new and evolving work models. As a result, for the year ended December 31, 2023, we recorded impairment charges related to our operating lease assets and leasehold improvements associated with vacating certain leased office space, which are recorded in occupancy expense and depreciation and amortization expense in our Condensed Consolidated Statements of Income.

(5) For the three months and year ended December 31, 2024, we recorded costs related to the early extinguishment of debt. This charge is recorded in general, administrative expense in our Condensed Consolidated Statements of Income.

(6) For the year ended December 31, 2024, these items primarily included the settlement of a SFSA fine and accruals related to certain legal matters. For the three months and year ended December 31, 2023, these charges primarily included accruals related to certain legal matters recorded in general, administrative and other expense and professional and contract services expense in our Condensed Consolidated Statements of Income. For the year ended December 31, 2023, these accruals were offset with insurance recoveries related to legal matters recorded in general, administrative and other expense and professional and contract services expense in our Condensed Consolidated Statements of Income.

(7) For the years ended December 31, 2024 and 2023 and for the three months ended December 31, 2023, we recorded a pre-tax charge as a result of settling our U.S. pension plan. The plan was terminated and partially settled in 2023, with final settlement occurring during the first quarter of 2024. The loss was recorded in compensation and benefits in the Condensed Consolidated Statements of Income.

Nasdaq, Inc.
Reconciliation of Adjusted Impacts for U.S. Non-GAAP Revenues less transaction-based expenses, Non-GAAP Operating Expenses,
Non-GAAP Operating Income, and Non-GAAP Operating Margin
(in millions)
(unaudited)

	Three Months Ended
	December 31, 2024			December 31, 2023									Total Variance					FX & Other ⁽²⁾			Adjusted YoY
	Non-GAAP			Non-GAAP			Adenza			Pro Forma ⁽¹⁾			$			%		$			$			%
CAPITAL ACCESS PLATFORMS
data
listings
Data and Listing Services revenues	$	192		$	189		$	—		$	189		$	3		2	%	$	—		$	3		2	%
Index revenues		188			146			—			146			42		29	%		—			42		29	%
Workflow and insights revenues		131			126			—			126			5		4	%		—			5		4	%
Total Capital Access Platforms revenues		511			461			—			461			50		11	%		—			50		11	%

FINANCIAL TECHNOLOGY
Financial Crime Management Technology revenues		73			60			—			60			13		22	%		—			13		22	%
Regulatory Technology revenues		98			110			(16	)		94			4		5	%		(1	)		5		6	%
Capital Markets Technology revenues		267			229			26			255			12		4	%		—			12		4	%
Total Financial Technology revenues		438			399			10			409			29		7	%		(1	)		30		7	%

Non-GAAP Solutions revenues ⁽³⁾		949			860			10			870			79		9	%		(1	)		80		9	%

Market Services, net revenues		268			247			—			247			21		8	%		(8	)		29		12	%
Other revenues		10			10			—			10			—		(1	)%		—			—		(2	)%
Non-GAAP Revenues less transaction-based expenses		1,227			1,117			10			1,127			100		9	%		(9	)		109		10	%

Non-GAAP operating expenses		556			504			23			527			29		5	%		(3	)		32		6	%
Non-GAAP operating income	$	671		$	613		$	(13	)	$	600		$	71		12	%	$	(6	)	$	77		13	%
Non-GAAP operating margin		55	%		56	%					53	%


	Year Ended
	December 31, 2024			December 31, 2023									Total Variance					FX & Other ⁽²⁾			Adjusted YoY
	Non-GAAP			Non-GAAP			Adenza			Pro Forma ⁽¹⁾			$			%		$			$			%
CAPITAL ACCESS PLATFORMS
Data and Listing Services revenues	$	754		$	749		$	—		$	749		$	5		1	%	$	—		$	5		1	%
Index revenues		706			528			—			528			178		34	%		16			162		31	%
Workflow and insights revenues		512			493			—			493			19		4	%		1			18		4	%
Total Capital Access Platforms revenues		1,972			1,770			—			1,770			202		11	%		17			185		10	%

FINANCIAL TECHNOLOGY
Financial Crime Management Technology revenues		273			223			—			223			50		22	%		—			50		22	%
Regulatory Technology revenues		286			212			149			361			25		7	%		1			24		7	%
Capital Markets Technology revenues		996			664			257			921			75		8	%		1			74		8	%
Total Financial Technology revenues		1,655			1,099			406			1,505			150		10	%		2			148		10	%

Non-GAAP Solutions revenues ⁽³⁾		3,627			2,869			406			3,275			352		11	%		19			333		10	%

Market Services, net revenues		1,020			987			—			987			33		3	%		(8	)		41		4	%
Other revenues		36			39			—			39			(3	)	(9	)%		(2	)		(1	)	(5	)%
Non-GAAP Revenues less transaction-based expenses		4,683			3,895			406			4,301			382		9	%		9			373		9	%

Operating expenses		2,162			1,830			217			2,047			115		6	%		(4	)		119		6	%
Operating income	$	2,521		$	2,065		$	189		$	2,254		$	267		12	%	$	13		$	254		11	%
Operating margin		54	%		53	%					52	%



(1) Includes the pro forma results for AxiomSL and Calypso and are presented assuming AxiomSL and Calypso were included in the entire prior year quarterly and full year results and revenue for AxiomSL on-premises contracts were recognized ratably for 2024 and 2023.
(2) Reflects the impacts from changes in foreign currency exchange rates (except for AxiomSL and Calypso, which will be calculated on an organic basis beginning in 2025) and the exclusion of a non-recurring payment received in 4Q23 recorded within our Market Services business. In addition, the full year also excludes the impact of a one-time revenue benefit related to a legal settlement to recoup revenue recorded within Index in 1Q24.
(3) Represents Capital Access Platforms and Financial Technology Segments.

Note: The pro forma results above are not calculated, and do not intend to be calculated, in a manner consistent with the pro forma requirements in Article 11 of Regulation S-X. Preparation of this information in accordance with Article 11 would differ from results presented in this press release. The current period percentages are calculated based on exact dollars, and therefore may not recalculate exactly using rounded numbers as presented in US$ millions.

Nasdaq, Inc.
Reconciliation of Organic Impacts for U.S. Non-GAAP Revenues less transaction-based expenses, Non-GAAP Operating Expenses,
Non-GAAP Operating Income, and Non-GAAP Diluted Earnings Per Share
(in millions)
(unaudited)

	Three Months Ended
	December 31, 2024		December 31, 2023		Total Variance					Other Impacts ⁽¹⁾					Organic Impact ⁽²⁾
	Non-GAAP		Non-GAAP		$			%		$			%		$			%
CAPITAL ACCESS PLATFORMS
Data and Listing Services revenues	$	192	$	189	$	3		2	%	$	—		—	%	$	3		2	%
Index revenues		188		146		42		29	%		—		—	%		42		29	%
Workflow and Insights revenues		131		126		5		4	%		—		—	%		5		4	%
Total Capital Access Platforms revenues		511		461		50		11	%		—		—	%		50		11	%

FINANCIAL TECHNOLOGY
Financial Crime Management Technology revenues		73		60		13		22	%		—		—	%		13		22	%
Regulatory Technology revenues		98		110		(12	)	(10	)%		(15	)	(13	)%		3		4	%
Capital Markets Technology revenues		267		229		38		16	%		27		12	%		11		5	%
Total Financial Technology revenues		438		399		39		10	%		12		3	%		27		7	%

Non-GAAP Solutions revenues ⁽³⁾		949		860		89		10	%		12		1	%		77		9	%

Market Services, net revenues		268		247		21		8	%		—		—	%		21		8	%

Other revenues		10		10		—		(1	)%		—		—	%		—		(2	)%

Non-GAAP Revenues less transaction-based expenses	$	1,227	$	1,117	$	110		10	%	$	12		1	%	$	98		9	%

Non-GAAP Operating Expenses	$	556	$	504	$	52		10	%	$	21		4	%	$	31		6	%

Non-GAAP Operating Income	$	671	$	613	$	58		10	%	$	(9	)	(1	)%	$	67		12	%

Non-GAAP diluted earnings per share	$	0.76	$	0.72	$	0.04		5	%	$	(0.03	)	(5	)%	$	0.07		10	%

	Year Ended
	December 31, 2024		December 31, 2023		Total Variance					Other Impacts ⁽¹⁾					Organic Impact ⁽²⁾
	Non-GAAP		Non-GAAP		$			%		$			%		$			%
CAPITAL ACCESS PLATFORMS
Data and Listing Services revenues	$	754	$	749	$	5		1	%	$	—		—	%	$	5		1	%
Index revenues		706		528		178		34	%		—		—	%		178		34	%
Workflow and Insights revenues		512		493		19		4	%		1		—	%		18		4	%
Total Capital Access Platforms revenues		1,972		1,770		202		11	%		1		—	%		201		11	%

FINANCIAL TECHNOLOGY
Financial Crime Management Technology revenues		273		223		50		22	%		—		—	%		50		22	%
Regulatory Technology revenues		386		212		174		83	%		165		78	%		9		5	%
Capital Markets Technology revenues		996		664		332		50	%		316		48	%		16		2	%
Total Financial Technology revenues		1,655		1,099		556		51	%		481		44	%		75		7	%

Non-GAAP Solutions revenues ⁽³⁾		3,627		2,869		758		26	%		482		17	%		276		10	%

Market Services, net revenues		1,020		987		33		3	%		—		—	%		33		3	%

Other revenues		36		39		(3	)	(9	)%		(2	)	(4	)%		(1	)	(5	)%

Non-GAAP Revenues less transaction-based expenses	$	4,683	$	3,895	$	788		20	%	$	480		12	%	$	308		8	%

Non-GAAP Operating Expenses	$	2,162	$	1,830	$	332		18	%	$	216		12	%	$	116		6	%

Non-GAAP Operating Income	$	2,521	$	2,065	$	456		22	%	$	264		13	%	$	192		9	%

Non-GAAP diluted earnings per share	$	2.82	$	2.82	$	—		—	%	$	(0.31	)	(11	)%	$	0.31		11	%

Note: The current period percentages are calculated based on exact dollars, and therefore may not recalculate exactly using rounded numbers as presented in US$ millions. The sum of the percentage changes may not tie to the percentage change in total variance due to rounding.

(1) Primarily includes the impacts of the Adenza acquisition and changes in FX rates. The revenue adjustments related to the Adenza acquisition reflect an additional $514 million of total revenue recorded in FY 2024 and $48 million for 4Q24, partially offset by an adjustment to reported 2023 revenues related to AxiomSL ratable revenue recognition of $34 million.
(2) Organic impact reflects adjustments for: (i) the impact of period-over-period changes in foreign currency exchange rates, and (ii) the revenue, expenses and operating income associated with acquisitions and divestitures for the twelve month period following the date of the acquisition or divestiture.
(3) Represents Capital Access Platforms and Financial Technology Segments.

Nasdaq, Inc.
Key Drivers Detail
(unaudited)

		Three Months Ended						Year Ended
		December 31,			December 31,			December 31,			December 31,
		2024			2023			2024			2023
Capital Access Platforms
	Annualized recurring revenues (in millions) ⁽¹⁾	$	1,268		$	1,235		$	1,268		$	1,235
	Initial public offerings
	The Nasdaq Stock Market ⁽²⁾		66			28			180			130
	Exchanges that comprise Nasdaq Nordic and Nasdaq Baltic		7			4			14			7
	Total new listings
	The Nasdaq Stock Market ⁽²⁾		162			100			463			330
	Exchanges that comprise Nasdaq Nordic and Nasdaq Baltic ⁽³⁾		13			7			31			23
	Number of listed companies
	The Nasdaq Stock Market ⁽⁴⁾		4,075			4,044			4,075			4,044
	Exchanges that comprise Nasdaq Nordic and Nasdaq Baltic ⁽⁵⁾		1,174			1,218			1,174			1,218
	Index
	Number of licensed exchange traded products ⁽⁶⁾		401			364			401			364
	Period end ETP assets under management (AUM) tracking Nasdaq indexes (in billions)	$	647		$	473		$	647		$	473
	Total average ETP AUM tracking Nasdaq indexes (in billions)	$	632		$	436		$	558		$	396
	TTM ⁽⁷⁾ net inflows ETP AUM tracking Nasdaq indexes (in billions)	$	80		$	31		$	80		$	31
	TTM ⁽⁷⁾ net appreciation ETP AUM tracking Nasdaq indexes (in billions)	$	110		$	128		$	110		$	128

Financial Technology
	Annualized recurring revenues (in millions) ⁽¹⁾
	Financial Crime Management Technology	$	278		$	226		$	278		$	226
	Regulatory Technology		354			325			354			325
	Capital Markets Technology		868			799			868			799
	Total Financial Technology	$	1,500		$	1,350		$	1,500		$	1,350

Market Services
	Equity Derivative Trading and Clearing
	U.S. equity options
	Total industry average daily volume (in millions)		47.5			40.2			44.4			40.4
	Nasdaq PHLX matched market share		10.5	%		11.5	%		10.0	%		11.3	%
	The Nasdaq Options Market matched market share		5.2	%		5.5	%		5.5	%		6.1	%
	Nasdaq BX Options matched market share		1.8	%		2.4	%		2.1	%		3.3	%
	Nasdaq ISE Options matched market share		7.2	%		6.1	%		6.9	%		5.9	%
	Nasdaq GEMX Options matched market share		2.6	%		2.7	%		2.6	%		2.4	%
	Nasdaq MRX Options matched market share		3.0	%		2.6	%		2.7	%		2.0	%
	Total matched market share executed on Nasdaq’s exchanges		30.3	%		30.8	%		29.8	%		31.0	%
	Nasdaq Nordic and Nasdaq Baltic options and futures
	Total average daily volume of options and futures contracts ⁽⁸⁾		228,955			327,680			233,610			301,320

	Cash Equity Trading
	Total U.S.-listed securities
	Total industry average daily share volume (in billions)		13.6			11.2			12.2			11.0
	Matched share volume (in billions)		125.2			113.3			479.4			455.6
	The Nasdaq Stock Market matched market share		14.0	%		15.4	%		15.1	%		15.8	%
	Nasdaq BX matched market share		0.3	%		0.4	%		0.3	%		0.4	%
	Nasdaq PSX matched market share		0.1	%		0.3	%		0.2	%		0.3	%
	Total matched market share executed on Nasdaq’s exchanges		14.4	%		16.1	%		15.6	%		16.5	%
	Market share reported to the FINRA/Nasdaq Trade Reporting Facility		47.6	%		40.9	%		44.3	%		36.7	%
	Total market share ⁽⁹⁾		62.0	%		57.0	%		59.9	%		53.2	%
	Nasdaq Nordic and Nasdaq Baltic securities
	Average daily number of equity trades executed on Nasdaq’s exchanges		669,234			637,403			651,455			666,411
	Total average daily value of shares traded (in billions)	$	4.5		$	4.5		$	4.5		$	4.5
	Total market share executed on Nasdaq’s exchanges		70.9	%		72.0	%		71.9	%		71.0	%

	Fixed Income and Commodities Trading and Clearing
	Fixed Income
	Total average daily volume of Nasdaq Nordic and Nasdaq Baltic fixed income contracts		91,471			93,128			93,747			95,625

	(1) Annualized Recurring Revenue (ARR) for a given period is the current annualized value derived from subscription contracts with a defined contract value. This excludes contracts that are not recurring, are one-time in nature, or where the contract value fluctuates based on defined metrics. ARR is currently one of our key performance metrics to assess the health and trajectory of our recurring business. ARR does not have any standardized definition and is therefore unlikely to be comparable to similarly titled measures presented by other companies. ARR should be viewed independently of revenue and deferred revenue and is not intended to be combined with or to replace either of those items. For AxiomSL and Calypso recurring revenue contracts, the amount included in ARR is consistent with the amount that we invoice the customer during the current period. Additionally, for AxiomSL and Calypso recurring revenue contracts that include annual values that increase over time, we include in ARR only the annualized value of components of the contract that are considered active as of the date of the ARR calculation. We do not include the future committed increases in the contract value as of the date of the ARR calculation. ARR is not a forecast and the active contracts at the end of a reporting period used in calculating ARR may or may not be extended or renewed by our customers.
	(2) New listings include IPOs, issuers that switched from other listing venues, closed-end funds and separately listed ETPs. For the three months ended December 31, 2024 and 2023, IPOs included 22 and 8 SPACs, respectively. For the years ended December 31, 2024 and 2023, IPOs included 50 and 27 SPACs, respectively.
	(3) New listings include IPOs and represent companies listed on the Nasdaq Nordic and Nasdaq Baltic exchanges and companies on the alternative markets of Nasdaq First North.
	(4) Number of total listings on The Nasdaq Stock Market for the twelve months ended December 31, 2024 and December 31, 2023 included 768 and 600 ETPs, respectively.
	(5) Represents companies listed on the Nasdaq Nordic and Nasdaq Baltic exchanges and companies on the alternative markets of Nasdaq First North.
	(6) The number of listed ETPs as of December 31, 2023 has been updated to reflect a revised methodology whereby an ETP listed on multiple exchanges is counted as one product, rather than formerly being counted per exchange. This change has no impact on reported AUM.
	(7) Trailing 12-months.
	(8) Includes Finnish option contracts traded on Eurex for which Nasdaq and Eurex had a revenue sharing arrangement, which ended in the fourth quarter of 2023.
	(9) Includes transactions executed on The Nasdaq Stock Market’s, Nasdaq BX’s and Nasdaq PSX’s systems plus trades reported through the Financial Industry Regulatory Authority/Nasdaq Trade Reporting Facility.

The MIL Network –

January 30, 2025

MIL-OSI Russia: Financial news: 01/29/2025, 10:48 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the RU000A0JWVL2 security (EuroplanB7) were changed.

Translartion. Region: Russians Fedetion –

Source: Moscow Exchange – Moscow Exchange –

01/29/2025 10:48

In accordance with the Methodology for determining the risk parameters of the stock market and the deposit market of PJSC Moscow Exchange by NCO NCC (JSC) on 29.01.2025, 10-48 (Moscow time), the values of the upper limit of the price corridor (up to 108.37) and the range of market risk assessment (up to 1196.23 rubles, equivalent to a rate of 10.0%) of the security RU000A0JWVL2 (EuroplanB7) were changed

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

HTTPS: //VVV. MEEX.K.M.M.

MIL OSI Russia News –

January 29, 2025
MIL-OSI Russia: Financial news: 01/29/2025, 10:45 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0JVD25 (RusHydro09) were changed.

Translartion. Region: Russians Fedetion –

Source: Moscow Exchange – Moscow Exchange –

01/29/2025 10:45

In accordance with the Methodology for determining the risk parameters of the stock market and the deposit market of PJSC Moscow Exchange by NCO NCC (JSC) on 29.01.2025, 10-45 (Moscow time), the values of the upper limit of the price corridor (up to 99.86) and the range of market risk assessment (up to 1026.33 rubles, equivalent to a rate of 7.5%) of the security RU000A0JVD25 (RusHydro09) were changed

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

HTTPS: //VVV. MEEX.K.M.M.

MIL OSI Russia News –

January 29, 2025
MIL-OSI Russia: Financial news: 01/29/2025, 10-15 (Moscow time) the values of the lower limit of the price corridor and the range of market risk assessment for the security RU000A100YQ0 (Rosnft2P9) were changed.

Translartion. Region: Russians Fedetion –

Source: Moscow Exchange – Moscow Exchange –

01/29/2025 10:15

In accordance with the Methodology for determining the risk parameters of the stock market and the deposit market of PJSC Moscow Exchange by NCO NCC (JSC), on 29.01.2025, 10-15 (Moscow time), the values of the lower limit of the price corridor (up to 83.52) and the range of market risk assessment (up to 797.96 rubles, equivalent to a rate of 11.25%) of the security RU000A100YQ0 (Rosnft2P9) were changed

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

HTTPS: //VVV. MEEX.K.M.M.

MIL OSI Russia News –

January 29, 2025
MIL-OSI Canada: Superintendent Lindsay Ellis is appointed as Commanding Officer of the Yukon RCMP

Superintendent Lindsay Ellis is appointed as Commanding Officer of the Yukon RCMP
jlutz
January 24, 2025 – 9:51 am

This is a joint news release between the Government of Yukon and the Yukon Royal Canadian Mounted Police.

The Commissioner of the RCMP, Mike Duheme, has appointed Superintendent Lindsay Ellis to the role of Commanding Officer of the Yukon. This change takes effect immediately and brings Superintendent Ellis to the rank of Chief Superintendent.

Both the Government of Yukon and the RCMP would like to extend their congratulations to Chief Superintendent Ellis on her new role.

Chief Superintendent Ellis has a rich history of policing in the Yukon for over 12 years and was promoted to Superintendent in 2022 as the Criminal Operations Officer of M Division. During this time, her focus on public safety, modernization of policing services for frontline and specialized units and increased policing accountability has strengthened and enhanced policing across the territory.

Chief Superintendent Ellis has fostered genuine relationships with Yukon First Nations and diverse groups while promoting collaboration, inclusion and communication across business lines. Her work, relationships and dedication to policing in the territory has resulted in great success under Criminal Operations and the Division increasing Yukoners’ trust in the RCMP.

Chief Superintendent Ellis has been acting as the Commanding Officer of the Yukon RCMP since September 2024.

The Government of Yukon and the RCMP would also like to thank Chief Superintendent Scott Sheppard for his many outstanding years of service as the Commanding Officer of the Yukon.

MIL OSI Canada News –

January 29, 2025
MIL-OSI Security: Nigerian who defrauded U.S. pandemic aid programs of more than $1 million sentenced to 54 months in prison

Source: United States Department of Justice (National Center for Disaster Fraud)

Defendant defrauded Americans for a decade with trove of over 14,000 stolen identities

Tacoma – The second of two Nigerian men residing in Canada who defrauded pandemic aid programs of millions was sentenced today in U.S. District Court in Tacoma to 54 months in prison for wire fraud and aggravated identity theft announced U.S. Attorney Tessa M. Gorman. Fatiu Ismaila Lawal, 46, was extradited from Canada last July, and pleaded guilty in September 2024. At today’s sentencing hearing U.S. District Judge Tiffany M. Cartwright said, the crime required substantial planning. “This took advantage of programs designed to help people who were really struggling in an international emergency,” Judge Cartwright said.

“This defendant made it his full-time job to defraud the U.S. for years before the pandemic, but he kicked it into high gear once critical aid to Americans workers was flowing,” said U.S. Attorney Gorman. “His fraud included using stolen identities of Washington residents to file dozens of unemployment claims in the first few weeks of the pandemic, contributing to the flood of fraudulent claims that caused the state to pause all unemployment payments. In this way his fraud harmed all Washingtonians who desperately needed assistance at the onset of the pandemic.”

According to records filed in the case, Lawal, and codefendant Sakiru Olanrewaju Ambali, 46, used the stolen identities of thousands of workers to submit over 1,700 claims for pandemic unemployment benefits to over 25 different states, including Washington State. In total, the claims sought approximately $25 million, but the conspirators obtained approximately $2.7 million, primarily from pandemic unemployment benefits. Lawal admits that he personally submitted claims for $1,345,472.

Lawal personally submitted at least 790 unemployment claims using the stolen identities of 790 workers. He submitted claims for pandemic unemployment benefits to New York, Maryland, Michigan, Nevada, California, Washington and some 19 other states. Lawal also established four internet domain names that were subsequently used for fraud – creating some 800 different email addresses that were used in this scheme.

Additionally, between 2018 and November 2022, Lawal used stolen personal information to submit 3,000 income tax returns for $7.5 million in refunds. The IRS detected the fraud and paid just $30,000.

“While Mr. Lawal may not have secured the $7.5 million he sought from fraudulent tax refunds, each of the 3,000 returns he filed represents a life he disrupted,” said Adam Jobes, Special Agent in Charge of IRS Criminal Investigation’s Seattle Field Office.

Lawal and co-defendant Ambali also attempted to use the stolen American identities for Economic Injury Disaster Loans (EIDL) to defraud the Small Business Administration (SBA). The pair submitted some 38 applications, but SBA caught most of the fraud and paid only $2,500.

Lawal and Ambali had the proceeds of their fraud sent to cash cards or to “money mules” who transferred the funds according to instructions given by the co-conspirators. They also allegedly used stolen identities to open bank accounts and have the money deposited directly into those accounts for their use.

Evidence gathered in the case shows that Lawal personally received a substantial portion of the criminal proceeds. Lawal was ordered to pay restitution of $1,345,472.

Co-defendant Ambali was sentenced to 42 months in prison in March 2024.

In asking for a 65-month prison sentence, the government argued, “During major disasters and nationwide emergencies, it is particularly importantfor the government to be able to disburse aid quickly to real victims to mitigate the impact of the crisis. The actual monetary loss to the government comes secondary to the fact that a real person or business behind each stolen identity had difficulty accessing assistance because a fraudulent claim was already paid in their identity. These difficulties were further compounded by the onslaught of fraudulent claims that clogged the infrastructure in place to distribute the aid. The estimated loss from these fraudulent pandemic unemployment claims is over $100 billion.”

The National Unemployment Fraud Task Force provided a lead on this case to the investigative team in Western Washington. The case was investigated by the FBI with assistance from U.S. Postal Inspection Service (USPIS) and the Department of Labor Office of Inspector General (DOL-OIG). Also contributing to the investigation were Internal Revenue Service Criminal Investigation (IRS-CI), Washington State Employment Security Division (ESD), and the Small Business Administration (SBA).

The case was prosecuted by Assistant United States Attorney Cindy Chang of the Western District of Washington. DOJ’s Office of International Affairs assisted with extradition on this matter.

The COVID-19 Fraud Enforcement Task Force was established to marshal the resources of the Department of Justice in partnership with agencies across government to enhance efforts to combat and prevent pandemic-related fraud. The Task Force bolsters efforts to investigate and prosecute the most culpable domestic and international criminal actors and assists agencies tasked with administering relief programs to prevent fraud by augmenting and incorporating existing coordination mechanisms, identifying resources and techniques to uncover fraudulent actors and their schemes, and sharing and harnessing information and insights gained from prior enforcement efforts. For more information on the department’s response to the pandemic, please visit https://www.justice.gov/coronavirus.

Anyone with information about allegations of attempted fraud related to COVID-19 can report it by calling the Department of Justice’s National Center for Disaster Fraud (NCDF) Hotline via the NCDF Web Complaint Form at https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

MIL Security OSI –

January 29, 2025
MIL-OSI United Kingdom: Criminals denied £7.5m in profits from the illegal trade in medicines
Source: United Kingdom – Executive Government & Departments

The Medicines and Healthcare products Regulatory Agency (MHRA) last year stopped criminals making more than £7.5 million linked to the illegal trade in medicines.
Person holding seized medicines in MHRA storeroom. Credit: MHRA

As part of the crackdown on criminal profits, more than 17 million doses of illegally traded medicines, with a potential street value of more than £40 million, were taken out of circulation last year by the MHRA and its law enforcement partners. These included painkillers, sleeping tablets and erectile dysfunction treatments.

Andy Morling, who heads the MHRA’s Criminal Enforcement Unit (CEU), said:

Criminals are in the illegal medicines trade for one reason only, to make money. By seizing their profits, we’re removing that single motivation. Whether held in Bitcoin or banknotes, we can take these criminal profits out of the hands of offenders. We can also use some of the money to strengthen our enforcement efforts against them. It’s a win for the safety of the public, and a serious blow for organised crime.

Following the money

The MHRA’s CEU leads efforts to disrupt medicine crime by denying criminals the profits that fuel it. Using its legislative powers, the CEU can freeze bank accounts, intercept digital currencies, seize luxury goods and confiscate the proceeds of crime following conviction. During 2024, the CEU’s financial investigators denied these criminals access to a total of £7.5 million in criminal assets.

Protecting the public from illegally traded medicines

The CEU deployed teams to work in partnership with the Home Office’s Border Force at ports across the UK to identify and seize medicines illegally entering the UK.

Most of the seized medicines are not licensed for sale in the UK, so can contain too much or too little of the declared active ingredient and may also contain other ingredients that are not approved for use.

The CEU also continued to target those individuals and networks illegally trading in medicines online, disrupting more than 1,500 websites and posts on social media accounts selling medicinal products illegally.

Andy Morling said:

Buying from unverified sources risks your health, as there is no guarantee that the products are safe or effective.

We work tirelessly to protect patients by preventing medicines crime, disrupting it, and bringing offenders to justice. We do this by working with partners to remove illegally traded medicines from circulation, deny the criminal networks the proceeds of their crimes and disrupt online criminality.

Where appropriate we will also use the full range of our powers to bring offenders before the courts. These actions help ensure the public can trust the medicines they rely on every day.

Minister of State for Health, Karin Smyth, said:

Shameful criminals selling unregulated and illegal medicines must feel the full force of the law.

We are cracking down on these rogue retailers, taking illicit medicines off the streets, and keeping the public safe.

The MHRA will use the funds made through this to strengthen future action against criminals.

Notes to editors

The 17 million doses seized include 5.5 million doses of erectile dysfunction medicines, 5.5 million doses of pain treatments, 2.8 million doses of sedatives, 1.6 million doses of sleep disorder treatments, and 1.9 million doses of other medicines.

Anyone who suspects they are having a side effect from a medicine are encouraged to talk to their doctor, pharmacist or nurse and report it directly to the MHRA Yellow Card scheme, either through the Yellow Card website or by searching the Google Play or Apple App stores for MHRA Yellow Card.

The MHRA’s Accredited Financial Investigators are authorised by the National Crime Agency under the Proceeds of Crime Act 2002 (POCA). They support investigations by tracing, freezing, and confiscating assets linked to crime, including money laundering and the illegal supply of medicines. Their work includes seizing cash, valuable items, and freezing bank accounts or cryptocurrency suspected of criminal origins. The Home Office’s Asset Recovery Incentivisation Scheme (ARIS) allows a proportion of the proceeds of crime recovered under POCA, to be redistributed to agencies involved in the asset recovery process. The Home Office encourages agencies to invest ARIS funds to drive up performance on asset recovery or, where appropriate, to fund local crime fighting priorities for the benefit of the community.

The Medicines and Healthcare products Regulatory Agency (MHRA) is responsible for regulating all medicines and medical devices in the UK by ensuring they work and are acceptably safe.  All our work is underpinned by robust and fact-based judgements to ensure that the benefits justify any risks. 

The MHRA is an executive agency of the Department of Health and Social Care. 

For media enquiries, please contact the newscentre@mhra.gov.uk, or call on 020 3080 7651. 

Share this page

The following links open in a new tab

Share on Facebook (opens in new tab)

Share on Twitter (opens in new tab)

Updates to this page

Published 29 January 2025
MIL OSI United Kingdom –
January 29, 2025
MIL-OSI USA: Murray, Democrats Speak Out After Republicans Block Simple Resolution Condemning Pardons of Individuals Found Guilty of Assaulting Capitol Police Officers

US Senate News:

Source: United States Senator for Washington State Patty Murray

ICYMI: Schumer, Murphy, Kim Lead 47 Senators in Introducing Resolution Condemning Pardons of Individuals Found Guilty of Assaulting Capitol Police Officers

Murray: “Trump is showing every day, with nearly every action—that he has zero regard for the laws of our country. From pardoning, en masse, violent insurrectionists, to illegally firing government watchdogs charged with holding him accountable, to issuing blatantly unconstitutional executive orders, to asking OMB to halt funding Congress passed—something that is causing serious chaos and harm to red states and blue states alike.”

***VIDEO HERE of Senator Murray’s floor speech***

Washington, D.C. — Today, Republicans senselessly blocked a one-line resolution offered by U.S. Senator Patty Murray (D-WA) and her Democratic colleagues that simply condemns the pardons of individuals found guilty of assaulting Capitol Police Officers. After Republican John Barrasso (R-WY) blocked the resolution, Murray and Senate Democrats took to the Senate floor to speak out against Trump’s move to grant full, complete, and unconditional pardons to violent criminals who assaulted U.S. Capitol Police officers and call out Republicans for refusing to stand up for the Capitol Police who put their lives on the line—and suffered severe injuries—protecting senators’ lives on January 6^th.

All 47 Members of the Senate Democratic Caucus are cosponsors of the resolution, which simply states: “Resolved, That the Senate disapproves of any pardons for individuals who were found guilty of assaulting Capitol Police officers.” A PDF of the resolution is HERE.

On the Senate floor today, Senator Murray made clear that the throughline of the first week of the Trump administration has been lawlessness—with Trump, “showing every day, with nearly every action, that he has zero regard for the laws of our country. From pardoning, en masse, violent insurrectionists, to illegally firing government watchdogs charged with holding him accountable, to issuing blatantly unconstitutional executive orders, to asking OMB to HALT funding Congress passed— something that is now causing serious chaos and harm to red states and blue states.”

“I will not sit back and allow President Trump to rewrite the history of the January 6th insurrection,” Murray continued. “Officers here sacrificed tremendously to keep senators safe, Republicans and Democrats alike—and we have the footage, photos, and police reports that clearly show the crimes and the violence committed… President Trump’s decision to pardon, en masse, 1,500 people charged in the insurrection is a truly unthinkable attempt to erase the facts of that day, and undermine our democracy. But it is especially heinous that he chose to pardon individuals who violently attacked our Capitol Police officers… It is a betrayal of the law enforcement that protected us all that day and a dangerous endorsement of political violence—telling criminals that you can beat cops within an inch of their lives as long as it’s in service to Donald Trump.”

According to the U.S. Attorney’s Office for the District of Columbia, approximately 1,572 defendants have been federally charged with crimes associated with the attack of the U.S. Capitol on January 6^th. This includes approximately 598 charged with assaulting, resisting, or impeding law enforcement agents or officers or obstructing those officers during a civil disorder, including approximately 171 defendants charged with using a deadly or dangerous weapon or causing serious bodily injury to an officer. As proven in Court, the weapons used and carried on Capitol grounds during the January 6^th attack include firearms; OC spray; tasers; edged weapons, including a sword, axes, hatchets, and knives; and makeshift weapons, such as destroyed office furniture, fencing, bike racks, stolen riot shields, baseball bats, hockey sticks, flagpoles, PVC piping, and reinforced knuckle gloves. During the siege of the Capitol on January 6^th, 2021, over 80 U.S. Capitol Police Officers were assaulted.

Senator Murray’s full remarks, as delivered, are below and video is HERE:

“Mr. President, we are a week into the Trump Administration, and it can be summed up in one word: lawlessness. Trump is showing every day, with nearly every action, that he has zero regard for the laws of this country.

“From pardoning, en masse, violent insurrectionists, to illegally firing government watchdogs charged with holding him accountable, to issuing blatantly unconstitutional executive orders, to asking OMB to halt funding Congress passed—something that is now causing serious chaos and harm to red states and blue states.

“We are not going to let his strategy of overwhelming chaos win the day. We are fighting each of the actions, and will not stop asserting our power as an equal branch of the government.

“But right now, today, we are going to focus on one issue in particular—one that is not just alarming, but actually personal to all of us here in the Senate, because it concerns the Capitol Police each of us walk by every single day.

“I have made it clear, I will not sit back and allow President Trump to rewrite the history of the January 6^th insurrection. Already, his Justice Department has taken down the public database that laid out the thousands of investigations—he is literally trying to erase the evidence from public memory!

“But no President can rewrite history—not unless we stand by and let him. And that is absolutely not going to happen. We will not forget what really happened here on January 6^th, 2021.

“As we all remember, as the American people witnessed in real time, armed insurrectionists—egged on by the sitting president—broke into the U.S. Capitol and violently assaulted Capitol Police officers in their attempt to overturn a free and fair election.

“You do not have to take my word for it—though, like many of my colleagues, I have a first-person account of that day. The reality is well documented in videos, in photos, in case documents from thousands of people charged with felonies after that day—including assault.

“We know, as a matter of fact, some insurrectionists brought knives, tasers, axes, hatchets, pepper spray, zip ties and more.

“We know, as a matter of fact, some assaulted officers with flagpoles, stun guns, fire extinguishers, and bear spray.

“We know as a matter of fact, that Capitol Police officers suffered severe injuries as a result—including cracked ribs, smashed spinal disks, brain injuries, and even the loss of an eye.

“Officers here sacrificed tremendously to keep senators safe, Republicans and Democrats alike—and we have the footage, photos, police reports that clearly show the crimes and the violence that was committed.

“So Mr. President, President Trump’s decision to pardon—en masse—1,500 people charged in the insurrection is truly an unthinkable attempt to erase the facts of that day, and undermine our democracy.

“But it is especially heinous that he chose to pardon individuals who violently attacked our Capitol Police officers. Not to mention commuting the sentences of 14 others: people found guilty of seditious conspiracy, people like Enrique Tarrio, leader of the Proud Boys, and Stewart Rhodes, leader of the Oath Keepers.

“It is a betrayal of the law enforcement that protected all of that day, and a dangerous endorsement of political violence—telling criminals that you can beat cops within an inch of their lives as long as it’s in service to Donald Trump.

“Every one of us here owes a tremendous debt of gratitude to our Capitol Police. They protected our lives, and they protected our democracy. That is why we are here today to pass a resolution today, that makes clear the U.S. Senate stands with our Capitol Police officers—by disapproving the pardon of those who violently attacked the officers who keep us safe.

“It is a very simple, modest resolution—its reads, in its entirety: ‘Resolved: that the Senate disapproves of any pardons for individuals who were found guilty of assaulting Capitol Police officers.’

“It is that simple. We aren’t relitigating every case—this is only about people guilty of assaulting Capitol Police.

“I made sure this was short and clear—something we can pass unanimously. Because a message like this really should be unanimous.

“In fact, Mr. President, just to underscore how straightforward this is—I want to read it in its entirety once again: ‘Resolved: that the Senate disapproves of any pardons for individuals who were found guilty of assaulting Capitol Police officers.’

“That’s it. The entire thing. I don’t really think there is anything here for anyone to disagree with.

Senator Murray’s remarks, as delivered, after Republicans blocked the resolution:

“Mr. President, I am deeply frustrated that is the response we got today. We cannot agree on something as simple as standing by the officers who keep this building safe?! Officers every one of us walk by every day?

“There are officers standing just outside the floor right now keeping watch as we are forced to debate whether it was not was okay to pardon the people that violently attacked them.

“I don’t know how my colleagues who oppose this simple resolution can look them in the eye!

“It is insulting enough that Speaker Johnson—someone who has a dedicated, 24/7 detail—has refused to put up the plaque honoring the brave officers who kept us safe four years ago.

“But the fact we can’t pass a resolution as simple as the one I presented today—the fact we can’t all agree that we should side with the people who keep us safe, over the people who are attacking us, is disgraceful.

“It is unworthy of this body, and unworthy of the sacrifice our Capitol Police have demonstrated time and again. We owe them better.

“I will not going to stop pushing to make sure we show them we understand that.

“The President may be able to grant pardons, commute sentences, release criminals, delete databases… but I will tell you here, he can take no action he takes can erase the past, unless we let him.

“And as long as I can stand, as long as I can speak, as long as I am here—I will not let him, or anyone, rewrite the history of the January 6th insurrection or erase the important lessons that we must learn from it.”

MIL OSI USA News –

January 29, 2025
MIL-OSI USA: Booker, Kim, NJ Non-Profits Warn of Severe Disruptions to Vital Community Services Following Trump OMB Guidance

US Senate News:

Source: United States Senator for New Jersey Cory Booker

NEWARK, NJ –– This afternoon, Senators Cory Booker (D-NJ) and Andy Kim (D-NJ) joined New Jersey non-profit service providers to warn of the immediate and tangible negative effects the Trump-Vance administration’s January 27 Office of Management and Budget (OMB) memorandum will have on communities across the Garden State.

Requiring all executive departments and agencies “to identify and review all Federal financial assistance,” OMB’s memorandum pauses all grant, loan, and other congressionally apportioned financial assistance programs to municipalities and critical service providers across the country, including funding for veterans’ assistance groups, police, firefighters, and local first responders, early childhood education centers, older adult service providers, and domestic violence survivor organizations.

Condemning these pauses, Senator Cory Booker, Senator Andy Kim, and local and state-wide service providers warned:

“Once again, President Trump has made clear his willingness to inflict pain upon communities across the country, including at home in New Jersey. OMB’s latest guidance has produced immense uncertainty across our state’s municipalities and critical service providers. My office has heard from veterans’ assistance groups, local first responders, and domestic violence survivor organizations, and they’re all telling us the same thing. Their operational integrity and the wellbeing of those they serve are in jeopardy. These are the actions of a callous president––one wholly unconcerned by the day-to-day realities of the majority of Americans and New Jerseyans. While President Trump continues to ignore families who want to see actions that lower costs and make their lives better, I’ll continue to work to guarantee New Jerseyans––from Sussex County to Cumberland County and everywhere in between––have the resources they need to get ahead,” said Senator Cory Booker.

“President Trump and his administration continue to serve their own power first, not caring that local communities are the collateral damage to their incompetence. OMB’s decision disregards the basic functions of our federal government and how it meets critical needs in communities across our country. We want Donald Trump to know exactly what these decisions and loss of funding could mean for New Jersey: it places independent living centers on the brink, risks vital Meals on Wheels for our seniors, and threatens crucial Head Start services for our families. These are just a couple examples from the calls and messages coming into my office today. At a moment of such distrust between people and their government, this isn’t simply a disregard for our Constitution, this is a cruel attack hurting families all across this nation. We will look at all possible actions to force the Trump administration to honor Congress’ power of the purse and ensure these funds reach our communities,” said Senator Kim.

“The new executive order pausing the release of federal grant funding impacts sexual violence services, putting individuals who have been assaulted and their loved ones at greater risk. With reduced funding, service providers face the challenge of maintaining critical support systems, including the availability of advocates to answer hotlines, provide accompaniments to forensic exams, navigate the court system, and offer counseling and other critical services. Often, there is no duplication of services supporting survivors, and our data show that there are already existing waitlists for them. Interruptions in funding will only exacerbate an already strained system and delay access to care. This increase in wait times will not only heighten the immediate danger of further harm but also prolong the impact on survivors’ healing,” said Robert Baran and Denise Rodriguez, Co-Directors, New Jersey Coalition Against Sexual Assault.

“We have worked with Senator Booker countless times to be sure we have secured these much needed dollars to Fire Departments across New Jersey. These dollars have offset costs for manpower, training, and equipment. All of which have provided a safer workplace for our members while we protect the residents and visitors of our great State. We urge the President to release these funds Congress has appropriated for AFG and SAFER grants,” said Eddie Donnelly, President, New Jersey State Firefighters’ Mutual Benevolent Association (FMBA).

“A pause in federal funding of any length will impact our ability to serve our homeless veteran population. This is not just the case for our program but for similar programs throughout the nation. The effects of this pause will be immediate and grave. For example, they will imperil the support families enrolled in the VA’s Support Services for Veterans Families (SSVF) programs receive, including rental assistance. And, as rents come due in a matter of days, this raises the specter of evictions and increased veteran homelessness. Additionally, a pause in the federal funding we receive will immediately affect our ability to purchase and prepare food for our 100+ housed veterans, prevent us from taking in, and providing services, for additional homeless veterans in New Jersey, halts our ability to pay leases on vehicles used for support services, and jeopardizes the jobs of nearly 200 employees dedicated to serving our nation’s veterans, many of whom are veterans or were once unhoused veterans themselves. While we will continue to provide those who rely on us with the dignity and care they deserve, OMB’s memorandum seriously endangers the wellbeing of an already vulnerable population,” said Bruce Buckley, Chief Executive Officer, Soldier On.

“The recent pause in funds has produced considerable concern across the Rutgers University community, which prides itself on the federally supported research and service it carries out to promote the common good and serve the national interest. The federal government is a critical partner to Rutgers, with federal funding for student aid, research, and public service initiatives accounting for about $1 billion of the university’s $5.6 billion budget. As we work across the university to understand the impact of the federal pauses and to provide guidance to our community during these uncertain times, Rutgers remains profoundly committed to our public mission of research, teaching, and service, and to our students’ success,” said Jonathan Holloway, President, Rutgers University.

“A freeze to the release of federal funds will impact all victims and survivors of domestic violence. The vast majority of our 33 domestic violence providers in NJ rely on federal funding to ensure that every county has a domestic violence shelter, legal advocacy, counseling and other critical services that survivors need. A freeze in funding will increase barriers for survivors seeking safety, and will cause many to stay in abusive situations, increasing the danger and harm they will experience. The federal government must act accordingly, and not hastily, to ensure victims and survivors have the services they need in their community when they need them” said Adrienne Gantz and Nicole Morella, Co-Executive Directors, New Jersey Coalition to End Domestic Violence.

“Just a few days into their term, the Trump-Vance Administration has imposed an unprecedented freeze on federally funded programs, including programs that benefit more than 578,000 New Jerseyans, who rely on community health centers for vital, cost-efficient and life-saving care. For a majority of our state’s community health centers, this freeze in federal funding will cause them to shutter, leaving hundreds of thousands of New Jerseyans without access to healthcare. These freezes come asemerging public health risks––like bird flu and other infectious diseases––continue to pose dangers to our communities. Our health centers are already struggling financially, and many are facing the likelihood of not making payroll in the next few weeks, dealing a death blow to centers that are already having difficulty in retaining an adequate workforce for the services they provide,” said Selina Haq, Ph.D., President/Chief Executive Officer, New Jersey Primary Care Association.

“Boys & Girls Club of Newark has six funding sources that may be impacted by the federal spending freeze. These funds represent more than 10% of our annual budget of $5M and could affect funding for 35-50 team members in direct service with youth. The kinds of programs that could be affected are meal service at our after-school programs, food distribution to families, mentorship for at-risk youth, and critical funding related to safety at our facility. We believe these services are of vital importance to the work we do in our community. Our hope is to see funding restored to ensure our constituents can receive these services that they rely on for their well-being,” said Ameer Washington, Chief Executive Officer, Boys & Girls Club Newark.

“The freeze in federal funding, which has been imposed, will undoubtedly have a devastating impact on Centers for Independent Living throughout the country. These centers provide crucial support and assistance to individuals with disabilities, allowing them to live independently and fully participate in their communities. With this ban in place, these centers may be forced to put vital services on hold, leaving many individuals without the necessary resources and support they rely on. Furthermore, the ban may also result in significant financial strain for these centers, potentially leading to payrolls being put on hold and difficulty paying rent. This could ultimately jeopardize the ability of these centers to continue operating and providing essential services to those in need. The impact of this ban will not only be felt by the centers themselves, but also by the individuals they serve, creating a ripple effect throughout the disability community. It is essential that this ban be reconsidered and alternative solutions be explored to ensure that Centers for Independent Living can continue their important work without interruption,” said Carole Tonks, Executive Director, Alliance Center for Independence – Edison, NJ.

“This order to halt federal funding will have devastating consequences for millions of New Jerseyans, including many that New Jersey Citizen Action directly serves. Federal grants enable many organizations like ours to help New Jerseyans to save themselves from foreclosures, afford first-time homebuyer loans, protect themselves from housing discrimination, file their taxes for free, navigate essential social safety-net programs, and achieve financial stability. These key investments have allowed New Jersey to build stronger communities and healthier, thriving families. The order would also affect the entire New Jersey nonprofit sector dedicated to serving our state’s most vulnerable populations. These include organizations that provide services for seniors, people with disabilities, children, women, victims of domestic violence, and organizations in the field of mental health. It’s unconscionable that the Trump administration should halt these investments—which have already been approved by Congress—for American taxpayers while considering further tax cuts for billionaires and corporations,” said Dena Mottola, Executive Director, New Jersey Citizen Action.

“The work that we do along with other nonprofit public health agencies is vital to the health of our communities. We know that maternal child health is critical to the health of our nation and limiting or cutting funding that states, agencies and programs like ours receive will have negative long-term consequences on the women, children and families that we serve,” said Robyn D’Oria MA, RNC, APN, Chief Executive Officer, Central Jersey Family Health Consortium.

Additional programs and initiatives adversely impacted by OMB’s memorandum include but are not limited to:

Head Start

Click here for a state-by-state table of FY 2024 funding for Head Start, which funds comprehensive early childhood education, or here for state-by-state fact sheets that use the same funding data.

VAWA Grants

Click here for state level totals of FY 2024 grant funding from the Office of Violence Against Women.

Community Health Center

Click here for a 2023 table of state-by-state Section 330 grant funding for community health centers, which provide affordable care for millions of Americans.

IDEA and Other Department of Education Grant Programs

Click here for a state-by-state table of IDEA Grants (which help children with disabilities) from FY 2023, and data on other grant programs through the Department of Education that could be impacted by the freeze.

COPS Grants

The Community Oriented Policing Services (COPS) program is a Department of Justice grant program for law enforcement. More info here, and many of the links include state-by-state fact sheets. This link here includes FY 2024 grant amounts for the COPS Hiring Program (CHP). These are divided up by state but you may have to calculate your state’s total separately.

State Opioid Response Grants

Click here for total state awards from FY 2024 for the State Opioid Response Grantsprogram, which funds addiction prevention, treatment, and recovery services.

SBA Loans to Small Business

Click here for a dashboard of approved SBA loans by state for recent fiscal years including FY 2024. State totals for both the 7(a) program and 504 program are available. Copying values from the dashboard does not always work, but the Download Data option is a good other way to access the numbers.

MIL OSI USA News –

January 29, 2025
MIL-OSI USA: On the Senate Floor, Cortez Masto Calls Out Trump’s Anti-Law Enforcement Pardons

US Senate News:

Source: United States Senator for Nevada Cortez Masto

“Earlier today, my Democratic colleagues and I co-sponsored a resolution to condemn these pardons. One would think that my Republican colleagues who claim to be pro-law enforcement would sign onto this resolution and stand against any action that harms our police.”
Washington, D.C. – U.S. Senator Cortez Masto (D-Nev.) blasted President Trump on the Senate floor for pardoning a drug trafficking kingpin and the violent criminals who assaulted police officers on January 6, 2021. A former prosecutor and Nevada attorney general, Cortez Masto urged her supposedly pro-law enforcement Republican colleagues to join her resolution condemning these pardons.
Below are her remarks as prepared for delivery:
Mr. President, I’m so appreciative of my colleagues coming down here to talk about not only the January 6 pardons that President Trump has done but to stand with the men and women in law enforcement.
When I’m home, quite often I will hear at times that “well, Democrats don’t support law enforcement, they don’t support the men and women who keep our communities safe.” And that’s just not true, as you can see today.
But here’s what I know, and this is why this was devastating to so many men and women who not only are Capitol Police officers right here, who defended our Capitol on January 6, who stand to protect us, but for all of the men and women in law enforcement across this country who are paying attention and watching what this president does.
Will he have their back when the time comes? Will he be there to truly support them in their time of need when they’re doing their job like he says he will?
Now, we’ve spent the last decade hearing Donald Trump talk about “law and order” and cracking down on crime. Last fall, on a national podcast, he called for giving our law enforcement their “dignity back”. Just last week at a White House press conference, he claimed to be a friend of the police.
Well, Donald Trump has been in office for just one week, and already his actions are making it clear that he doesn’t mean what he says. In fact, from his actions we’ve seen so far, he’s actively working against our men and women in law enforcement – not only here who work at this Capitol, but across this country.
Let me put this in starker terms that I think my Republican colleagues will understand. Mr. President, Nevada families across my state have been torn apart by dangerous drugs like methamphetamines and opioids. And that’s true for so many families across the country.
It doesn’t matter if they’re Democrats, Republicans, Libertarians, or independents – illicit drug trafficking is impacting everyone in this country.
But last week, Donald Trump pardoned the founder of Silk Road, an underground internet site that oversaw the trafficking of $200 million in illegal drugs and other illicit trade.
The founder was convicted by a jury of his peers and sentenced to life in prison for participating in a criminal organization and distributing narcotics on the internet.
Americans died after purchasing illicit drugs on his website. A website that was specifically designed to skirt the law and support criminal activity.
But now, this founder is walking free because of Donald Trump.
Donald Trump giving a full, unconditional pardon to this drug dealer and criminal profiteer is a slap in the face to the victims of this crisis, and to law enforcement who work to protect our communities and to take drug traffickers like him off our streets.
What Donald Trump has done is not law and order, it’s chaos.
And it’s not just with this one pardon.
Donald Trump has also pardoned more than 130 individuals who were convicted of assaulting police officers right here at the Capitol on January 6, 2021.
I was here that day. I remember running into a Capitol Police officer who was pepper-sprayed by a rioter in Donald Trump’s mob. And at the same time that he was washing out his eyes, he was saying to us senators, “Don’t worry. I’ve got your back, and I am standing guard.” And he ran back out to the front of the Capitol. He was doing his job.
That day, those rioters and insurrectionists brought weapons and zip ties to the Capitol, they used WD-40 and bear spray on our officers, and they assaulted Capitol Police with American flags.
This isn’t some political conspiracy – these insurrectionists posted videos online of themselves shoving, punching, and attacking our law enforcement.
And now, instead of serving their time and facing the consequences for the dangerous actions they committed against our police officers, Donald Trump is telling them that not only were they wrongfully punished, but in fact, their behavior on that day is encouraged – as long as they’re doing his bidding.
Criminals convicted of attacking law enforcement are giving TV interviews saying that President Trump’s pardons have vindicated their actions.
This is an endorsement of political violence, and it’s an insult to the men and women who risk their lives every day to keep our families safe.
I know many law enforcement officers personally. As a former prosecutor and attorney general of the state of Nevada, I’ve spent most of my life working with some great men and women in law enforcement.
And by the way, I’m married to one. My husband worked in federal law enforcement his entire career. His priority was doing his job and keeping people safe, because that’s what our law enforcement is trained to do. To put their lives on the line every single time to keep our communities safe.
And it’s not just about the officers – it’s about their families. When you are the spouse or the loved one of an officer who gets that call, sometimes in the middle of the night, and they leave to address some crime or issue and keep your community safe, you don’t know if they’re coming back.
There are two calls that are the worst kind you can get as the spouse of a law enforcement officer. The first one is from your spouse saying “I’m in the hospital, but don’t worry, everything’s okay.” The second one is not from your spouse, but it’s from another law enforcement officer telling you that your husband or wife went out on a call and didn’t come back.
The sacrifices of not only our officers but their loved ones need to be considered. And if we truly believe in law and order and we truly believe that we should support them because they put their lives on the line every single day, then we should have their backs. No matter your politics, we should always be there to support them.
I will always stand up for law enforcement.
I’ve passed legislation to support public safety under administrations of both parties. And I will always speak out when our leaders act against law enforcement, whether they’re a Democrat or a Republican.
I disagreed with President Biden granting pardons to his family, I disagreed when he granted clemency for Leonard Peltier, who was convicted of murdering two FBI agents. And I disagree with President Biden in commuting the sentence of Adrian Peeler, who was convicted of drug trafficking and murder.
I also spoke out when President Biden nominated Adeel Mangi to be a federal judge. I did not support him because of his affiliation with a group that wanted to let cop killers out of prison.
That was me standing up for law enforcement.
So believe me when I say, this is not partisan; this is about standing up for the men and women who put their lives on the line for us every day.
This shouldn’t be hard. You commit a violent crime in our community, you should face the consequences.
Don’t take my word for it – the Fraternal Order of Police, which is the largest organization of sworn law enforcement officers in the world, has condemned Trump’s pardoning of those who assaulted Capitol Police officers on January 6.
But there are too many members of this body, who had the benefit of those Capitol Police officers on January 6 protecting their lives, who have been oddly silent.
Earlier today, my Democratic colleagues and I co-sponsored a resolution to condemn these pardons. One would think that my Republican colleagues who claim to be pro-law enforcement would sign onto this resolution and stand against any action that harms our police.
If we truly believe in law and order and we want to work together to keep our communities safe, we have to not only talk about it, we have to act.
Because the American people deserve better. The American people deserve a president who isn’t going to release violent criminals back into our communities. The American people deserve safety – and our law enforcement, who maintain that safety, deserve to know we have their backs.

MIL OSI USA News –

January 29, 2025
MIL-Evening Report: After fleeing the Taliban, the Afghan women’s cricket team is finally playing together – in Australia
Source: The Conversation (Au and NZ) – By Catherine Ordway, Associate Professor Sport Management and Sport Integrity Lead, University of Canberra

Women cheer and wave the Afghanistan flag during a cricket game in 2023 Vector and photos/Shutterstock

A Twenty20 cricket contest featuring a women’s team made up of refugees from Afghanistan who now live in Australia may “only” be an exhibition game, but it could be the beginning of something much more.

On Thursday, an Afghan women’s cricket team will take on a Cricket Without Borders XI at Melbourne’s Junction Oval.

It is the first time the women will play as a team since migrating to Australia after the Taliban takeover in 2021. The group has since settled in Canberra and Melbourne.

Regardless of the result, it could be a step towards Afghanistan’s women’s team entering international cricket.

Before I explain why, though, it’s important to rewind a bit.

International cricket and Afghanistan

The International Cricket Council (ICC) claims it has “one of the toughest” policies on anti-discrimination in world sport.

The governing body commits to:

promote and encourage participation at all levels regardless of race, colour, religion, descent, culture, ethnic origin, nationality, sex, gender, sexual orientation, disability, marital status and/or maternity status and to ensure that there is no discrimination in the sport.

In the case of its member federation, the Afghanistan Cricket Board, the ICC’s refusal to uphold its own policy is providing both actual and implied support to the Taliban’s gender apartheid regime.

The ICC admitted Afghanistan as a full voting member in 2017, despite being “the only full member to have received that status without having an operational women’s team in place.”

As a full member, Afghanistan was, according to the ICC’s funds disbursement model: “expected to get around $US40 million ($A64 million) for the 2016-23 commercial rights cycle based on projected ICC revenues of $US2.7 billion ($A4.32 billion).”

Meanwhile, the other ICC, the International Criminal Court, recently issued arrest warrants against two of the Taliban leaders for crimes against women.

The Taliban’s policies against women go far beyond sport and make it more reason for the International Cricket Council to act.

On any reading, the ICC’s membership rules on governance ethics requirements in relation to Afghanistan are in breach.

From Afghanistan to Australia

Ironically, it was the Afghanistan Cricket Board’s reluctant and token measure taken to build a women’s team, by issuing contracts to 25 women in 2020, that has allowed them to now play cricket in Australia.

In August 2021, the Taliban took over Afghanistan and banned women’s sports. Athletes were intimidated, harassed and warned of ramifications if they continued playing.

That situation sparked action from a handful of passionate volunteers, including myself, ex-Australian cricketer Mel Jones, and Emma Staples (formerly the head of diversity and community engagement at Cricket Victoria). We knew we needed to get these women out of Afghanistan.

We applied to the Australian government to issue emergency humanitarian visas to the contracted women’s cricketers, with the applications granted.

Now, all they want is a chance to represent their country as a team, and to send a message of hope back to their sisters suffering under the oppression of Afghan gender apartheid.

Put simply, the Afghan women’s team is desperate to be given the same opportunities as its male counterparts.

The team has written several times and asked for meetings with the ICC, to no avail.

The ICC instead has set up an all-male working group on Afghanistan.

It’s not clear what its terms of reference are, or if they have even met.

Possible solutions

Cricket Australia has chosen not to play bilateral matches against Afghanistan, citing the Taliban’s human rights restrictions for women and girls since returning to power.

But boycotts often impact athletes more than government policies.

Instead, the focus should be on supporting Afghan women who want to play cricket. The ICC could implement targeted actions including:
- replacing Afghanistan’s cricket board with ICC-appointed administrators, including women
- adjusting Afghanistan’s funding to reflect they are only developing cricket for less than half the population
- setting up a global development fund for Afghan girls and women to identify talent and to provide coaching.
There are several international sport models – for example, FIFA’s Normalisation Committees and the IOC’s independence requirements – that could serve as models for the ICC requiring Afghanistan’s Cricket Board to comply with the its anti-discrimination policies.

A chance to compete

On Thursday, these Afghan women finally get to play as a team, in the exhibition game organised by Cricket Australia.

The team is keen for this to be an ongoing opportunity to develop skills and represent their nation, not just a one-time event.

The Olympic movement’s model of refugee teams could inspire the creation of a refugee team for Afghan women in cricket, allowing them to participate in future youth and summer Olympic Games and other competitions.

Catherine Ordway voluntarily represented the Afghan women’s cricket team to evacuate them to Australia following the Taliban re-occupation in August 2021, and continues to provide ongoing support to the women, the staff and their families.

– ref. After fleeing the Taliban, the Afghan women’s cricket team is finally playing together – in Australia – https://theconversation.com/after-fleeing-the-taliban-the-afghan-womens-cricket-team-is-finally-playing-together-in-australia-248445
MIL OSI Analysis – EveningReport.nz –
January 29, 2025
MIL-OSI Australia: Arrest – Historic Child Abuse

Source: Northern Territory Police and Fire Services

The Northern Territory Police Force have arrested a 53-year-old man in relation to historic child abuse offending committed in Western Australia in 2014.

The man failed to appear in the Perth Magistrates Court in 2018 before travelling to the Northern Territory.

On 29 January 2025, the Northern Territory Police Sex Crimes Unit located the man in Casuarina and arrested him for the outstanding matter.

Western Australia Police are currently in the process of extraditing him back to Perth.

Northern Territory Police are committed to working with other law enforcement agencies to ensure offenders are held accountable for their actions, regardless of where they attempt to evade responsibility.

Members of the public who have any information about people involved in child abuse and exploitation are urged to call Crime Stoppers on 1800 333 000 or https://crimestoppers.com.au/.

You can also make a report online by alerting the Australian Centre to Counter Child Exploitation via the ‘Report Abuse’ button at www.accce.gov.au/report.

MIL OSI News –

January 29, 2025
MIL-Evening Report: PSNA’s Minto hits back at Gaza ‘genocide hotline’ critics, insists NZ should deny Israeli soldier visas

Asia Pacific Report

A national Palestine advocacy group has hit back at critics of its “genocide hotline” campaign against soldiers involved in Israel’s war against Gaza, saying New Zealand should be actively following international law.

The Palestine Solidarity Network Aotearoa (PSNA) dismissed a “predictable lineup of apologists for Israel” for their criticisms of the PSNA campaign.

“Why is concern for the sensitivities of soldiers from a genocidal Israeli campaign more important than condemning the genocide itself?,” asked PSNA national chair John Minto in a statement.

The Minister of Foreign Affairs Winston Peters, the Chief Human Rights Commissioner Stephen Rainbow and the New Zealand Jewish Council have made statements “protecting” Israeli soldiers who come to New Zealand on “rest and recreation” from the industrial-scale killing of 47,000 Palestinians in Gaza until a truce went into force on January 19.

“We are not surprised to see such a predictable lineup of apologists for Israel and its genocide in Gaza from lining up to attack a PSNA campaign with false smears of anti-semitism,” Minto said.

He said that over 16 months Peters had done “absolutely nothing” to put any pressure on Israel to end its genocidal behaviour.

“But he is full of bluff and bluster and outright lies to denounce those who demand Israel be held to account.”

Deny illegal settler visas
Minto said that if Peters was doing his job as Foreign Minister, he would not only stop Israeli soldiers coming to Aotearoa New Zealand — as with Russian soldiers in the Ukraine war — he would also deny visas to any Israeli with an address in an illegal Israeli settlement in the Occupied Palestinian Territories.

The Human Rights Commission had issued a “disingenuous media release”, he said.

“Our campaign has nothing to do with Israelis or Jews — it is a campaign to stop Israeli soldiers coming here for rest and recreation after a campaign of wholesale killing of Palestinians in Gaza,” Minto said.

“To imply the campaign is targeting Jews is disgusting and despicable.

“Some of the soldiers will be Druse, some Palestinian Arabs and others will be Jews.”

The five-year-old Palestinian girl Hind Rajab, shot 355 times by Israeli soldiers on 29 January 2024. Image: @Onlyloren/Instagram

Israeli soldiers are facing a growing risk of being arrested abroad for alleged war crimes committed in Gaza, with around 50 criminal complaints filed so far in courts in several countries around the world.

Earlier this month, a former Israeli soldier abruptly ended his holiday in Brazil and was “smuggled” out of the country after a Federal Court ordered police to open a war crimes investigation against him. The man fled to Argentina.

A complaint lodged by the Belgium-based Hind Rajab Foundation (HRF) included more than 500 pages of court records linking the suspect to the demolition of civilian homes in Gaza.

‘Historic’ court ruling against soldier
The foundation called the Brazilian court’s decision “historic”, saying it marked a significant precedent for a member country of the International Criminal Court (ICC) to enforce Rome Statute provisions domestically in the 15-month Israeli war on Gaza.

The foundation is named in honour of five-year-old Palestinian girl Hind Rajab who was killed on 29 January 2024 by Israel soldiers while pleading for help in a car after her six family members were dead.

According to The New Arab, the foundation has so far tracked and sent the names of 1000 Israeli soldiers to the ICC and Interpol, and has been pursuing legal cases in a number of countries, including Belgium, Brazil, Cyprus, France, Thailand, Sri Lanka, Thailand, the Netherlands, and the United Kingdom.

In November, the ICC issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defence Minister Yoav Gallant, together with a former Hamas commander, citing allegations of war crimes and crimes against humanity.

Minto accused the New Zealand Jewish Council of being “deeply racist” and said it regularly “makes a meal of false smears of anti-semitism”.

“It’s deeply problematic that this Jewish Council strategy takes attention away from the real anti-semitism which exists in New Zealand and around the world.

“The priority of the Jewish Council is to protect Israel from criticism and protect it from accountability for its apartheid policies, ethnic cleansing and genocide.

“We are demanding that accountability.”

MIL OSI Analysis – EveningReport.nz –

January 29, 2025
MIL-OSI USA: Senators Cortez Masto, Rosen, Booker, Gillibrand, Kelly, Blumenthal, Wyden, Schiff, Peters, and Gallego Issue Statement on ICC Sanctions Procedural Vote

US Senate News:

Source: United States Senator for Nevada Cortez Masto
Washington, D.C. – Today, U.S. Senators Catherine Cortez Masto (D-NEv.), Jacky Rosen (D-Nev.), Cory Booker (D-N.J.), Kirsten Gillibrand (D-N.Y.), Mark Kelly (D-Ariz.), Richard Blumenthal (D-Conn.), Ron Wyden (D-Ore.), Adam Schiff (D-Calif.), Gary Peters (D-Mich.), and Ruben Gallego (D-Ariz.) released the following statement on their opposition to a procedural vote on the Illegitimate Court Counteraction Act.
“As pro-Israel members committed to protecting and strengthening the U.S.-Israel relationship, and ensuring Israel has every tool to defend itself, we are deeply troubled by the International Criminal Court’s (ICC) outrageous political targeting of Israel and its leaders. The Court’s false equivalence of Israel’s defense of its people with Hamas’s barbaric actions on October 7th is an affront to human conscience, deserving of both condemnation and severe consequences. We believe this judicial overreach must be countered forcefully, including through sanctions on those at the ICC directly responsible.
“Instead of directly punishing those responsible for the ICC’s reckless and irresponsible behavior, the House-passed ICC sanctions bill has overly broad language that would put our allies and U.S. private companies in the crosshairs. While we are eager to support a bill that would swiftly sanction those at the ICC responsible for its anti-Israel actions, in taking up the House bill today, Senate Republicans took a flawed, partisan approach. Despite our efforts, the bill’s sponsors did not allow us to make this bill stronger and more targeted. This is why we made the difficult decision to vote against a procedural motion on their bill, after serious consideration of the far-reaching, unintended consequences it would have. We urge our Republican colleagues to return to the negotiating table and reach a bipartisan agreement so that we can stand together in support of Israel through more targeted and effective legislation.”

MIL OSI USA News –

January 29, 2025
MIL-OSI Australia: Arrest – Domestic violence – Yirkkala

Source: Northern Territory Police and Fire Services

The Northern Territory Police Force has arrested a 38-year-old male in relation to a domestic violence incident that occurred in Yirkkala on Monday night.

At 9.55pm, the Joint Emergency Services Communication Centre (JESCC) received reports that a 38-year-old male had been assaulted by his relative.

The offender allegedly assaulted the victim with a blunt object, resulting in serious injuries to his head.

The victim was conveyed to the Gove District Hospital, and subsequently transferred to Royal Darwin Hospital, where he remains in a critical but stable condition.

Police attended and established a crime scene.

The 38-year-old offender was arrested yesterday morning and remains in custody.

Investigations are ongoing and police urge anyone who witnessed the incident to call police on 131 444 and quote reference P25027509. Anonymous reports can also be made through Crime Stoppers on 1800 333 000.

Support services for those affected by domestic or family violence are available, including 1800RESPECT (1800 737 732) and Lifeline (13 11 14).

MIL OSI News –

January 29, 2025
MIL-OSI Security: Syracuse Man Admits to Illegally Possessing a Rifle at a Gas Station

Source: Office of United States Attorneys

SYRACUSE, NEW YORK – Richard Bradley, age 36, of Syracuse, New York, pled guilty today to being a felon in possession of a firearm. United States Attorney Carla B. Freedman and Bryan Miller, Special Agent in Charge of the New York Field Division of the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF), made the announcement.

As part of his guilty plea, Bradley admitted that, on September 9, 2024, he possessed a loaded rifle in his vehicle, which was parked at a gas station in East Syracuse. Bradley inadvertently fired the rifle several times, but did not strike anyone. As a result of his prior felony conviction for Criminal Mischief, Bradley could not lawfully possess a firearm.

Sentencing is scheduled for June 10, 2025, before Senior U.S. District Court Judge Glenn T. Suddaby. Bradley faces up to fifteen years in federal prison, along with a post-imprisonment term of supervised release of up to three years. He also could be fined up to $250,000, and will be required to forfeit the assault rifle to the United States. A defendant’s sentence is imposed by a judge based on the particular statute the defendant is charged with violating, the U.S. Sentencing Guidelines, and other factors.

ATF and the Manlius Police Department are investigating the case with assistance from the Onondaga County District Attorney’s Office. Assistant U.S. Attorney Jessica N. Carbone is prosecuting the case as part of Project Safe Neighborhoods.

Project Safe Neighborhoods (PSN) is the centerpiece of the Department of Justice’s violent crime reduction efforts. PSN is an evidence-based program proven to be effective at reducing violent crime. Through PSN, a broad spectrum of stakeholders work together to identify the most pressing violent crime problems in the community and develop comprehensive solutions to address them. As part of this strategy, PSN focuses enforcement efforts on the most violent offenders and partners with locally based prevention and reentry programs for lasting reductions in crime. For more information about Project Safe Neighborhoods, please visit https://www.justice.gov/psn.

MIL Security OSI –

January 29, 2025
MIL-OSI USA: Senators Rosen, Booker, Gillibrand, Kelly, Blumenthal, Wyden, Schiff, Peters, Cortez Masto, & Gallego Issue Statement on ICC Sanctions Procedural Vote

US Senate News:

Source: United States Senator Jacky Rosen (D-NV)
WASHINGTON, DC – Today, U.S. Senators Jacky Rosen (D-NV), Cory Booker (D-NJ), Kirsten Gillibrand (D-NY), Mark Kelly (D-AZ), Richard Blumenthal (D-CT), Ron Wyden (D-OR), Adam Schiff (D-CA), Gary Peters (D-MI), Catherine Cortez Masto (D-NV), and Ruben Gallego (D-AZ) released the following statement on their opposition to a procedural vote on the Illegitimate Court Counteraction Act.
“As pro-Israel members committed to protecting and strengthening the U.S.-Israel relationship, and ensuring Israel has every tool to defend itself, we are deeply troubled by the International Criminal Court’s (ICC) outrageous political targeting of Israel and its leaders. The Court’s false equivalence of Israel’s defense of its people with Hamas’s barbaric actions on October 7th is an affront to human conscience, deserving of both condemnation and severe consequences. We believe this judicial overreach must be countered forcefully, including through sanctions on those at the ICC directly responsible.
“Instead of directly punishing those responsible for the ICC’s reckless and irresponsible behavior, the House-passed ICC sanctions bill has overly broad language that would put our allies and U.S. private companies in the crosshairs. While we are eager to support a bill that would swiftly sanction those at the ICC responsible for its anti-Israel actions, in taking up the House bill today, Senate Republicans took a flawed, partisan approach. Despite our efforts, the bill’s sponsors did not allow us to make this bill stronger and more targeted. This is why we made the difficult decision to vote against a procedural motion on their bill, after serious consideration of the far-reaching, unintended consequences it would have. We urge our Republican colleagues to return to the negotiating table and reach a bipartisan agreement so that we can stand together in support of Israel through more targeted and effective legislation.”

MIL OSI USA News –

January 29, 2025
MIL-Evening Report: What is a ‘crime scene’, really? An expert explains how it’s more than just blue police tape

Source: The Conversation (Au and NZ) – By Vincent Hurley, Lecturer in Criminology. Police and policing. Dept of Security Studies & Criminology, Macquarie University

When you watch the news, one phrase usually comes up as soon as crime is mentioned: “police have established a crime scene”.

If you’re a fan of the forensics crime drama CSI: Crime Scene Investigation, it will conjure up images of police waving a blue, fluorescent UV light in a darkened room looking for blood, saliva, fingerprints, footprints or tooth impressions.

CSI has influenced an entire generation – this year, the franchise will celebrate its 25th anniversary. But the reality of crime scene investigation is far more complex.

As a criminology lecturer and ex-police officer, I know a thing or two about crime scenes, having managed hundreds of them. I have even been a crime scene myself. Here’s what they really entail.

There’s usually more than one crime scene

In the early 20th century, French forensic science pioneer Edmond Locard noted it’s impossible for criminals to act “without leaving traces of this presence”. No matter where a criminal steps or what they touch, they leave behind, even unconsciously, evidence that serves as a silent witness against them.

The idea that criminals will leave something behind at the crime scene while taking something with them is known today as Locard’s principle.

Crime scenes are incredibly diverse. They don’t just involve the physical location. A person’s body and any objects found in relation to the crime are also part of a crime scene.

The primary crime scene is where the event took place – for example, where a murder, arson attack or drive-by shooting occurred.

There will be several additional crime scenes, too. In the course of the investigation, a second crime scene might be established where the criminal planned the crime. If they dumped a getaway vehicle, that’s a third crime scene. If they stashed a weapon, clothes or other objects in a safe house after the crime, that’s a fourth crime scene.

A fifth crime scene will be established when the criminal is arrested – they themselves are also a crime scene. Their hair, clothing and fingernails will be tested for various residues, such as the skin or blood of a victim, or even illicit substances if the crime involves drug trafficking.

Lastly, the victim is a crime scene, too. They may have body fluids, skin, hair and other material from the criminal on them.

In my detective career, I myself have been a crime scene when I found a badly injured abduction victim who collapsed in my arms. At that point, traces of the offender’s blood and hair transferred onto my clothing. I had to take the clothes off and they were kept as evidence.

Hair found on a victim’s clothing can serve as evidence.
Sendo Serra/Shutterstock

Crime scenes are confusing

Shows like CSI often portray crime scenes as neat and clear cut, with evidence easily obtained.

In reality, crime scenes are chaotic. They are full of clutter and the police don’t know what’s relevant and what’s not.

During a crime scene search, police have to speculate about what happened, as often there are no eyewitnesses. A bullet casing or a bloody knife would be obvious. But what of the more common household items in the house or room? Who owns the shirt or jumper? Why is the bedroom in disarray, is that normal? What did the criminal touch or not touch? Was there just one criminal or two? What belongs to the victim?

Unlike on TV, police don’t always know what they are looking for because often they don’t know how the crime occurred. The cause of a death can be obvious, but how it unfolded is not.

Crime scenes are fragile

With a murder on a TV show, the CSI team usually arrives at a home or an outdoor crime scene, surrounded by crime scene tape. The first thing they do is lift the tape and walk straight to the body.

This is the worst possible crime scene practice.

The detectives would be walking directly on and over the same entry or exit path the offenders used. This would destroy fragile microscopic residues of blood, dirt or plant vegetation.

In reality, walking in and out of a crime scene this way does not happen. Prior to entering any crime scene, police look around and try to figure out which way the offender may have come and gone.

Once weighing up the advantages and disadvantages of each option, they’ll pick a specific entry and exit point, and stick to that until the scene has been completely examined.

Lifting the police tape and walking straight to the body is bad practice – the tape is there for a reason.
Gordenkoff/Shutterstock

A systematic search – and not just for DNA

Crime scenes are also searched in different ways.

One way to ensure no evidence is missed is with a “grid and height” search. This means searching one square metre at a time. As the police get closer to the walls of the room, they start looking from the floor up to the height of their knees.

Once this is done, they go from their knee to their waist, then from their waist to their shoulder, then their shoulder to the top of their head, and then from the top of their head to a metre above it – until they reach the ceiling. Then they examine the ceiling.

Police don’t look solely for the holy grail of DNA. Rather, they are trying to piece together a jigsaw puzzle of what happened, why it happened, and what the criminal unintentionally left behind.

Decades of forensic TV dramas have resulted in the “CSI effect” – the idea that finding, collecting and analysing evidence at a crime scene is straightforward, and that the evidence is infallible. This is not so. But shows like CSI have also spawned a generation of people interested in becoming real crime scene investigators and forensic scientists.

Vincent Hurley does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

– ref. What is a ‘crime scene’, really? An expert explains how it’s more than just blue police tape – https://theconversation.com/what-is-a-crime-scene-really-an-expert-explains-how-its-more-than-just-blue-police-tape-245369

MIL OSI Analysis – EveningReport.nz –

January 29, 2025
MIL-OSI Russia: Financial news: 01/28/2025, 14:47 the values of the lower limit of the repo price corridor, the rollover rate and the range of interest rate risk assessment of the CIAN security (CIAN-addr) were changed.

Translartion. Region: Russians Fedetion –

Source: Moscow Exchange – Moscow Exchange –

01/28/2025 14:47

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on 28.01.2025, 14-47 (Moscow time), the values of the lower limit of the repo price corridor with settlement code Y0/Y1Dt (up to -20.0%), the transfer rate and the range of interest rate risk assessment (up to -0.56 rubles, equivalent to a rate of 57.72%) of the CIAN security (CIAN-addr) were changed.

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

HTTPS: //VVV. MOEX.K.M.M.

MIL OSI Russia News –

January 29, 2025
MIL-OSI Russia: Financial news: 01/28/2025, 10-36 the values of the lower limit of the repo price corridor, the transfer rate and the range of interest rate risk assessment of the CIAN security (CIAN-addr) were changed.

Translartion. Region: Russians Fedetion –

Source: Moscow Exchange – Moscow Exchange –

01/28/2025 10:36

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on 28.01.2025, 10-36 (Moscow time), the values of the lower limit of the repo price corridor with settlement code Y0/Y1Dt (up to -20.0%), the transfer rate and the range of interest rate risk assessment (up to -0.39 rubles, equivalent to a rate of 46.36%) of the CIAN security (CIAN-addr) were changed.

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

HTTPS: //VVV. MEEX.K.M.M.

MIL OSI Russia News –

January 29, 2025
MIL-OSI Russia: Financial news: 01/28/2025, 10-19 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A105DR1 (FSK RS BO7) were changed.

Translartion. Region: Russians Fedetion –

Source: Moscow Exchange – Moscow Exchange –

01/28/2025 10:19

In accordance with the Methodology for determining the risk parameters of the stock market and the deposit market of PJSC Moscow Exchange by NCO NCC (JSC), on 28.01.2025, 10-19 (Moscow time), the values of the upper limit of the price corridor (up to 102.81) and the range of market risk assessment (up to 1122.92 rubles, equivalent to a rate of 18.75%) of the security RU000A105DR1 (FSK RS BO7) were changed.

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

HTTPS: //VVV. MOEX.K.M.M.

MIL OSI Russia News –

January 29, 2025
MIL-OSI USA: Gillibrand Statement On ICC Sanctions Procedural Vote

US Senate News:

Source: United States Senator for New York Kirsten Gillibrand
Today, U.S. Senator Kirsten Gillibrand released the following statement regarding her decision to vote against ICC sanctions:
“I strongly support legislation sanctioning the International Criminal Court, an antisemitic organization that has twisted the law to target Israel. Not only has the ICC consistently undermined its credibility and the principles of justice by unfairly targeting Israel’s leadership, but its actions have politicized its mission of holding actual war criminals accountable. Unfortunately, the bill put forth by our Republican colleagues was overly broad and could have harmed American allies and businesses. Democrats were willing to negotiate to address these concerns and strengthen the bill, but our offer was rebuffed. I believe the most effective way to hold the ICC accountable is through a bipartisan effort, and I urge our Republican colleagues to work with us on this important bill.”

MIL OSI USA News –

January 29, 2025
MIL-OSI New Zealand: Police seek information on Ōkaihau hit-and-run

Source: New Zealand Police (National News)

Northland Police is investigating the fatal hit-and-run of a cyclist in Ōkaihau last night.

An investigation team is forming in the small Far North town to locate the person responsible.

Detective Senior Sergeant Kevan Verry, of Northland CIB, says Police were contacted by Settlers Way residents at around 10.15pm on 28 January.

“We believe the collision between a cyclist and vehicle has occurred between 10pm and 10.15pm on that road,” he says.

“Tragically, it has resulted in a 19-year-old dying from his injuries at the scene.”

In the small hours of the morning, a traffic crash analyst attended and examined the scene.

“A criminal investigation is now underway, and detectives are working to piece together who is responsible,” Detective Senior Sergeant Verry says.

“Police will be in the Ōkaihau township as part of our investigation, seeking witnesses and further information.”

Investigators want to hear from anyone in the area last night that has information.

“Police will be searching for a vehicle that has obvious signs of damage.

“A young man has lost his life, and it’s important that anyone in the community with information does the right thing and speaks up now.”

Victim Support has been engaged for the cyclist’s family.

“Our thoughts are with the family at this difficult time and with what they are going through.”

Anyone who may have witnessed the lead up or aftermath of the incident, or who has any information, is asked to contact Police.

Update Police online or call 105, using the reference number 250129/0360.

Information can also be provided anonymously via Crime Stoppers on 0800 555 111.

ENDS.

Jarred Williamson/NZ Police

MIL OSI New Zealand News –

January 29, 2025
MIL-OSI Security: Leader of drug trafficking ring that used social media to communicate and advertise wares sentenced to 10 years in prison

Source: Office of United States Attorneys

Defendant recruited young people with images of money, exotic cars, and expensive jewelry

Tacoma – The leader of a South Puget Sound drug trafficking organization that sent dangerous drugs as far away as Georgia and Ohio was sentenced today in U.S. District Court in Tacoma to ten years in prison for his multi-state drug trafficking scheme, announced U.S. Attorney Tessa M. Gorman. Joel Adrian Valencia Rosas, 28, of Lakewood, Washington was indicted in December 2023 following a lengthy investigation that uncovered the trafficking of cocaine, fentanyl and marijuana to East Coast locales, and the importation and distribution of fentanyl and cocaine in Western Washington. The drug ring used social media such as Snapchat and Instagram to communicate and recruit new members. At the sentencing hearing U.S. District Judge Tiffany M. Cartwright noted that Mr. Valencia Rosas was glamorizing drug dealing with his social media posts. “He used the lower-level members of the drug ring to take on higher risks… Mr. Valencia Rosas was willing to recruit and sacrifice others to make more money,” Judge Cartwright said.

“The defendants in this case are all young – 18-28 years old. Mr. Valencia Rosas, the ringleader of this trafficking group, actively enticed young people to join his criminal enterprise,” said U.S. Attorney Gorman. “On social media he not only posted the drugs available for sale and their prices, he also attempted to portray the drug trafficking lifestyle as glamorous and lucrative, posting pictures of himself with firearms, flashy vehicles, and cash. In reality, drug trafficking leaves destruction in its wake.”

During this investigation, the Drug Enforcement Administration and partner law enforcement agencies seized nearly 52 kilos of cocaine, more than 23 kilos of fentanyl pills, and 131 kilos of marijuana. One drug shipment seized by law enforcement contained 37 kilos of cocaine and more than a kilo of fentanyl pills. In June 2023, a traffic stop on Interstate 5 resulted in the seizure of 200,000 fentanyl pills that had been hidden in the vehicle.

According to records filed in the case, Valencia Rosas has been trafficking drugs since at least 2018. His posts on social media talked about how much money he would pay for people to work as drug couriers. Even after Snapchat closed his account in December 2022, Valencia Rosas simply moved his recruiting efforts to another social media site: Instagram. He continued posting on his trafficking activities through 2023.

Valencia Rosas has been in custody since his arrest in December 2023.

In asking for an 11-year prison sentence, Assistant United States Attorney Marci Ellsworth wrote to the court, “Valencia Rosas was so successful that he could not traffic the drugs without bringing others into his criminal orbit. He could not move the hundreds of thousands of dollars in cash drug proceeds from Ohio and Georgia without more people, driving cash back to him or flying with it stuffed into their bags… none of those codefendants made money from their involvement in the DTO. Only Valencia Rosas made money, off the backs of his codefendants.”

This prosecution is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) investigation. OCDETF identifies, disrupts, and dismantles the highest-level drug traffickers, money launderers, gangs, and transnational criminal organizations that threaten the United States by using a prosecutor-led, intelligence-driven, multi-agency approach that leverages the strengths of federal, state, and local law enforcement agencies against criminal networks.

The investigation was led by the Drug Enforcement Administration (DEA) with assistance from the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) IRS- Criminal Investigations, TNET (Tacoma Narcotics Enforcement Team), TNT (Thurston Narcotics Task Force), Lakewood PD, Puyallup PD, Bonney Lake PD, Kitsap County Sheriff’s Office, Tacoma PD, Pierce County Sheriff’s Department, and Metro Cities SWAT.

The case is being prosecuted by Assistant United States Attorneys Marci L. Ellsworth and Crystal Correa.

MIL Security OSI –

January 29, 2025
MIL-OSI New Zealand: Pair arrested after Panmure aggravated robbery

Source: New Zealand Police (National News)

Police were on the money, arresting two offenders shortly after an aggravated robbery in Panmure this morning.

Just after 9am, two offenders entered the Cash Converters store on Queens Road.

Detective Senior Sergeant Martin Friend, from Auckland City Crime Squad, says the pair were allegedly carrying weapons at the time.

“They allegedly took the store’s till and used those weapons to smash cabinets and take jewellery on display,” he says.

“Both fled the store and got into the stolen vehicle they arrived in.”

Police were quickly contacted and deployed to the area.

Detective Senior Sergeant Friend says the stolen vehicle was located on Swan Crescent in Pakuranga, after colliding into a gate.

“A Police dog handler deployed in the area and tracked to an address in the nearby area.”

Inside, Police have since located two 16-year-old males and they have been arrested.

The store’s till has also been recovered.

“Charges will be laid in due course as our investigation continues,” Detective Senior Sergeant Friend says.

“I’d like to acknowledge the various Police teams that deployed to the aggravated robbery this morning, as we continue to hold offenders to account.”

ENDS.

Jarred Williamson/NZ Police

MIL OSI New Zealand News –

January 29, 2025
MIL-OSI USA: Jamaican Citizen Sentenced to Prison in Connection with Lottery Scheme

Source: US State Government of Utah

A federal judge in Charlotte, North Carolina, sentenced a Jamaican citizen yesterday to prison for operating a Jamaica-based fraudulent lottery scheme.

Antony Linton Stewart, 40, pleaded guilty on Aug. 3, 2023, to one count of conspiracy to commit mail and wire fraud, in the Western District of North Carolina. On Jan. 27, U.S. District Court Judge Robert J. Conrad sentenced Stewart to 84 months in prison. Stewart was also ordered to pay $1,104,041.74 in restitution.

According to court documents, and as part of his plea, Stewart acknowledged that from approximately 2010 through at least August 2016, he led a fraudulent lottery fraud scheme in which he and his co-conspirators targeted victims in the United States. Stewart admitted that he contacted elderly Americans by phone and falsely told them that they had won money and other prizes in a sweepstakes or lottery. Stewart told victims that they needed to send money to pay fees and taxes on their winnings. He repeatedly contacted victims for as long as they could be persuaded to send additional money. No lottery existed and no victim ever received any winnings.

“Overseas lottery schemes are unfortunately a common means by which foreign criminals seek to target U.S. citizens, particularly elder Americans,” said Acting Assistant Attorney General Brett A. Shumate of the Justice Department’s Civil Division. “Such schemes are unacceptable, and the Department will hold accountable those who participate in them.”

“Stealing money from elderly individuals is a despicable crime,” said U.S. Attorney Dena J. King for the Western District of North Carolina. “Today’s sentence sends a clear message that fraudsters who target and exploit older adults for financial gain will be brought to justice.”

This prosecution is part of the Justice Department’s effort to work with federal and foreign law enforcement to combat fraudulent lottery schemes in Jamaica that prey on U.S. citizens.

The U.S. Postal Inspection Service investigated the case. The Justice Department’s Office of International Affairs worked with law enforcement partners in Jamaica to secure the arrest and extradition of Stewart. The U.S. Marshals Service also provided significant assistance.

Trial Attorney Ryan E. Norman of the Justice Department’s Consumer Protection Branch prosecuted the case, with the assistance of Assistant U.S. Attorney Daniel Ryan for the Western District of North Carolina.

If you or someone you know is age 60 or older and has been a victim of financial fraud, help is standing by at the National Elder Fraud Hotline: 1-833-FRAUD-11 (1-833-372-8311). This Justice Department hotline, managed by the Office for Victims of Crime, is staffed by experienced professionals who provide personalized support to callers by assessing the needs of the victim and identifying relevant next steps. Case managers will identify appropriate reporting agencies, provide information to callers to assist them in reporting, connect callers directly with appropriate agencies, and provide resources and referrals, on a case-by-case basis. Reporting is the first step. Reporting can help authorities identify those who commit fraud and reporting certain financial losses due to fraud as soon as possible can increase the likelihood of recovering losses. The hotline is staffed seven days a week from 6:00 a.m. to 11:00 p.m. eastern time. English, Spanish, and other languages are available.

For more information about the Consumer Protection Branch, visit its website at www.justice.gov/civil/consumer-protection-branch. For more information about the U.S. Attorney’s Office for the Western District of North Carolina, visit their website at www.justice.gov/usao-wdnc. Information about the Justice Department’s Elder Fraud Initiative is available at www.justice.gov/elderjustice.

MIL OSI USA News –

January 29, 2025

Category: Crime

Office of the Governor — News Release — Governor Green Applauds Federal Judge for Halting Funding Freeze

Andy Morling, who heads the MHRA’s Criminal Enforcement Unit (CEU), said:

Following the money

Protecting the public from illegally traded medicines

Andy Morling said:

Minister of State for Health, Karin Smyth, said:

Notes to editors

Share this page

Updates to this page

International cricket and Afghanistan

From Afghanistan to Australia

Possible solutions

A chance to compete

There’s usually more than one crime scene

Crime scenes are confusing

Crime scenes are fragile

A systematic search – and not just for DNA