FOR IMMEDIATE RELEASE
WEDNESDAY, JULY 1, 2009
WWW.USDOJ.GOV/USAO/MA
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MALDEN MAN SENTENCED FOR THREE BANK ROBBERIES
BOSTON, MA - A Malden man was sentenced today in federal court committing three bank robberies in Malden and Medford over a one week period.
Acting United States Attorney Michael K. Loucks and Warren T. Bamford, Special Agent in Charge of the Federal Bureau of Investigation - Boston Field Division, announced that PAUL R. BUMSTEAD, 39, of Malden, Massachusetts, was sentenced by U.S. District Judge Nathaniel M. Gorton to 105 months’ imprisonment on counts one, two and three of the Indictment, to be served concurrently. Judge Gorton also sentenced BUMSTEAD to three years of supervised release following his release from imprisonment, and ordered him to pay $9,223 in restitution to the three banks he robbed.
On December 23, 2008, BUMSTEAD pled guilty to three counts of bank robbery. On December 21, 2006, BUMSTEAD robbed the Stoneham Savings Bank branch located at 443 Charles Street in Malden of $672.00. Five days later on December 26, 2006, BUMSTEAD robbed the Eastern Bank branch located at 88 Broadway in Malden of $4,211.00. Then on December 28, 2006, BUMSTEAD robbed the Citizens Bank branch located at 257 Spring Street in Medford of $4,340.00.
The case was investigated by the Boston Bank Robbery Task Force, comprised of personnel of the Federal Bureau of Investigation, Massachusetts State Police, Boston Police Department, and Cambridge Police Department, with the assistance of the Malden and Medford Police Departments. It was prosecuted by Assistant U.S. Attorney Antoinette E.M. Leoney in Loucks’ Major Crimes Unit.
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