On March 21, 2025, two non-DOJ individuals were arrested following an Indictment charging them with one count of conspiracy to commit wire and bank fraud, nine counts of false statements on loan applications, and one count of engaging in monetary transactions in criminally derived property. Sheila Bynum-Coleman and Rashad Coleman were indicted in the Eastern District of Virginia. According to the Indictment, from in or about February 2020, through on or about February 7, 2022, Bynum-Coleman and Coleman committed bank fraud, wire fraud, and entered into a conspiracy by fraudulently obtaining COVID-19-related governmental funding to which they were not entitled through filing false and fraudulent claims for benefits and creating fictitious corporate entities. The investigation is being conducted by the OIG’s Washington Office with assistance from the Mid-Atlantic Region; forensic accounting assistance was provided by the OIG’s Fraud Detection Office.
Date Issued
Case Action
Sentencing