MINNEAPOLIS (FOX 9) – Two people who pleaded guilty to their roles in separate Feeding our Future cases were sentenced this past week in federal court.
Sharmake Jama sentenced
The backstory:
Federal prosecutors announced charges against Sharmake Jama among the first batch of indictments in the Feeding our Future case in September 2022.
Jama was the owner of Brava Restaurant in Rochester, Minn. and was accused of pocketing $4.3 million in fraudulent funds through the federal child nutrition program.
Prosecutors say Jama used the ill-gotten money to buy a late-model Denali and spent $500,000 on real estate in the Rochester area.
Jama was charged with wire fraud, federal programs bribery, conspiracy to commit money laundering, and money laundering. He ultimately pleaded guilty to wire fraud and money laundering in January 2025.
What we know:
On Thursday, Jama was sentenced to serve 16…
THE TD BANK INSIDER “BRIBE-FOR-DATA” SCHEME (USA)
Date: February 17, 2026 Perpetrator: Edward Low (Former Bank Employee)
Case Description: In a high-profile case of “Insider Threat,” Edward Low, a former employee of TD Bank in New York, pleaded guilty in a New Jersey federal court to accepting bribes in exchange for confidential customer data. Between 2021 and 2022, Low leveraged his internal access to harvest the personal details of high-balance account holders. He then sold this “hot data” to external fraud syndicates for as little as $26,700 in personal kickbacks.
The external fraudsters used the information Low provided to conduct “Account Takeovers” (ATO), creating fraudulent checks and falsifying bank records to drain over $500,000 from unsuspecting customers. Low even went as far as helping co-conspirators open shell company accounts at a second financial institution where he was later employed. He now faces a maximum penalty of 30 years in prison. This case has sent shockwaves through the global banking sector, highlighting that even the most robust external firewalls cannot protect against a “rogue insider” with administrative credentials.
Link to Original: US Dept of Justice – TD Bank Insider Plea