JACKSONVILLE, FL – Bryan Lyndell Chapman, 26, of Mississippi, is facing a potential double-digit prison sentence after federal authorities unsealed an indictment accusing him of running a counterfeit currency operation and illegally possessing a handgun. Chapman was arrested February 26th and is currently being held without bond, authorities confirmed.
The feds allege Chapman manufactured fake Federal Reserve notes throughout 2023 and into 2024, then brazenly passed them at local businesses. The indictment details one count each of manufacturing counterfeit notes, passing those notes, and possession of a firearm by a convicted felon – a particularly sticky situation given Chapman’s already checkered past. If convicted on all counts, Chapman could face up to 20 years behind bars for each counterfeiting charge and another 15 years for the gun violation. Restitution to the businesses he allegedly defrauded is also on the table.
This isn’t Chapman’s first dance with the law. According to court records, he was already out on bond for a pending felony firearm charge in Mississippi at the time of his arrest. He also boasts a prior felony conviction in Tennessee. Federal law clearly prohibits convicted felons from owning firearms, making the Bushmaster pistol, ammunition, and printer seized during his arrest prime evidence in the case. The U.S. Attorney’s office intends to forfeit those items.
The investigation was a collaborative effort between the Columbia County Sheriff’s Office, the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) – Jacksonville Office, and the U.S. Secret Service – Jacksonville Office. Assistant U.S. Attorney Kevin C. Frein will be leading the prosecution. While an indictment represents a formal accusation, it’s crucial to remember Chapman is presumed innocent until proven guilty in a court of law.
U.S. Attorney Roger B. Handberg framed the case as part of “Project Safe Neighborhoods” (PSN), a nationwide initiative aimed at reducing violent crime and gun violence. PSN focuses on fostering trust within communities, supporting local organizations, and strategically targeting enforcement efforts. This case, officials say, is a direct result of those principles in action.
The Grimy Times will continue to follow this case as it progresses through the federal court system. The indictment paints a picture of a repeat offender seemingly undeterred by the law, and the potential consequences for his alleged actions are substantial. Chapman’s next court date has not yet been announced.
Key Facts
- Agency: ATF
- Category: Weapons|Fraud & Financial Crimes
- Source: Official Press Release
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