FEDERAL BANK ROBBERY CHARGES
Boston Bank Robbery Charges Attorney / Massachusetts Bank Theft Attorney
If you’re facing Bank Robbery Charges in Federal Court, you need a high-quality Federal Criminal Defense Attorney. Call me today for a free case evaluation.
Read on to find out more about the law, including the potential consequences of a conviction:
Understanding Federal Bank Robbery Laws
Federal Bank Robbery Charges are brought under Title 18, section 2113 of the United States Code. For the purposes of this charge, a “bank” includes any member bank of the Federal Reserve System, and any other banking association, trust company, savings bank operating under the laws of the United States. A “credit union” includes any federal credit union or state-chartered credit union whose accounts are insured by the National Credit Union Administration Board.
Subsection (a) prohibits the taking or attempted taking by force, intimidation, or extortion of any property, money or any other thing of value belonging to, or in the care, custody, control, management or possession of any bank, credit union, or savings and loan association. Furthermore, anyone who enters or attempts to enter any building used in whole or in part as a bank, credit union, or savings and loan association with the intent to commit any felony affecting such financial institution or any larceny is subject to a fin, twenty years in prison, or both.
(In plain English: A conviction for stealing from a bank, using force or threats – 20 years max. Same for attempts.)
Federal Bank Robbery Penalties
Subsection (b) outlines the penalties for anyone who takes and carries away, with intent to steal or purloin, any property or money or anything of value in the care, custody, control, management, or possession of any bank, credit union, or savings and loan association. The maximum penalty is a fine and ten years in prison if the value of the stolen property exceeds $1,000. If the value is $1,000 or less, the maximum penalty for a conviction is a fine and one year in prison.
Subsection (c) makes it a crime to knowingly receive, possess, conceal, store, barter, sell or dispose of any property, money, or any thing of value which has been taken or stolen from a bank, credit union, or savings and loan association. The penalties are the same as Subsection (b) above.
Subsection (d) states that anyone who assaults any person, or puts in jeopardy the life of any person by the use of a dangerous weapon or device while committing any offense described in subsections (a) or (b) is subject to a fine and up to twenty-five years in prison. This applies even for toy guns or fake bombs.
Subsection (e) provides penalties for anyone who kills another person or forcibly abducts another during the commission of any offense described above, or while avoiding or attempting to avoid apprehension for the commission of, or attempting to free himself from arrest or confinement for such offense. The minimum penalty is ten years in prison. If a death occurs as a result, a conviction will lead to the death penalty or life in prison.