New Jersey Man Indicted for Bank Robbery
PHILADELPHIA – United States Attorney William M. McSwain announced today that Michael Fanelli, 36, of Woodbury, NJ, was indicted by a federal grand jury and charged with one count of armed bank robbery.
The federal indictment charges him with using a pellet gun to rob a PNC bank of approximately $7,000 dollars. The PNC bank branch is located in Gladwyne, PA,
If convicted, Fanelli faces a maximum penalty of 25 years’ imprisonment, a $250,000 fine, a $100 special assessment, and three years’ supervised release.
“Brandishing a weapon – whether real or not – puts bystanders at risk of grave injury because at any time, the situation could escalate based on a perceived threat of harm at the hands of an armed robber,” said U.S. Attorney McSwain. “If the defendant committed the conduct alleged in the indictment, he should be held accountable for creating a dangerous and potentially deadly situation for all involved.”
The case was investigated by The Federal Bureau of Investigation, Lower Merion Police Department, and Pennsylvania State Troopers. It is being prosecuted by Assistant United States Attorney Everett Witherell.
An indictment, information, or criminal complaint is an accusation. A defendant is presumed innocent unless and until proven guilty.