65-Year Old Repeat Bank Robber Sentenced to 130 Months in Federal Prison
MEDFORD, Ore. – On Thursday, March 16, 2017, U.S. District Judge Michael J. McShane sentenced Gerald Thomas Schram, 65, of Medford, to 130 months in prison for bank robbery and interference with commerce by robbery. Following his prison sentence, Schram will be on supervised release for three years. Schram was also ordered to pay $9,177 in restitution.
On January 20, 2014, Schram robbed a Minute Market in Medford, Oregon. Wearing a mask and hooded sweatshirt, Schram shouted at the clerks and threatened to pull a gun while reaching for his waistband. Schram fled the scene with $605.
On September 29, 2014, Schram robbed a U.S. Bank in Medford, Oregon, fleeing on a bicycle with $8,572. The same day, he was found hiding in his girlfriend’s home with most of the stolen money. Schram was arrested and, based in part on DNA found at the Minute Market, charged in federal court with both robberies.
Following a jury trial on September 27, 2016, Schram was convicted of the Minute Market robbery. He later pleaded guilty to the U.S. Bank robbery. Schram has seven prior felony convictions in California and Oregon between 1970 and 2014. He has served two prior federal prison sentences of 170 and 37 months for separate bank robbery and robbery convictions.
This case was investigated by the Medford Police Department and the FBI’s Medford Resident Agency Office and prosecuted by Jeffrey Sweet, Assistant United States Attorney for the District of Oregon.