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Press Release

New Orleans Man Pleads Guilty to Bank Robbery

For Immediate Release
U.S. Attorney's Office, Eastern District of Louisiana

U.S. Attorney Kenneth A. Polite announced that DERRICK MORGAN, age 37, of New Orleans, pled guilty today to bank robbery and use of a dangerous weapon in commission of same.

On September 12, 2014, MORGAN was charged in a one-count Indictment.  According to the factual basis filed into the record, on Wednesday, September 3, 2014, MORGAN, who was dressed as a female, robbed the Fidelity Homestead Savings Bank located on St. Charles Avenue in New Orleans by force, violence and intimidation. Deposits made at Fidelity Homestead Savings Bank are insured by the Federal Deposit Insurance Corporation (FDIC).

U.S. District Judge Carl J. Barbier will sentence MORGAN on May 14, 2015.  MORGAN faces a maximum of 25 years imprisonment, followed by 5 years of supervised release.

U.S. Attorney Polite praised the work of Federal Bureau of Investigation and the New Orleans Police Department in investigating this matter.  Assistant United States Attorney Michael E. McMahon is in charge of the prosecution.

Updated September 2, 2015