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Justice News

Department of Justice
U.S. Attorney’s Office
Western District of Pennsylvania

FOR IMMEDIATE RELEASE
Wednesday, October 12, 2016

Braddock Man Charged with Robbing Two Pittsburgh Banks

PITTSBURGH – A resident of Allegheny County, Pennsylvania, has been indicted by a federal grand jury in Pittsburgh, Pennsylvania, on charges of bank robbery, United States Attorney David J. Hickton announced today.

The two-count indictment, returned on Oct. 11, named Wallace Banks, age 34, of Braddock, Pennsylvania, as the sole defendant.

According to the indictment, on August 15, 2016, Banks robbed WesBanco Bank, located at 807 Middle Street, Pittsburgh, PA. The following day, on August 16, 2016, Banks robbed Huntington Bank located at 650 Smithfield Street, Pittsburgh, PA. Both banks are insured by the Federal Deposit Insurance Corporation.

The law provides for a maximum total sentence of 20 years in prison, a fine of $250,000.00, or both. Under the Federal Sentencing Guidelines, the actual sentence imposed would be based upon the seriousness of the offenses and the prior criminal history, if any, of the defendant.

Assistant United States Attorney Rachael L. Dizard is prosecuting this case on behalf of the government.

The Federal Bureau of Investigation and the Pittsburgh Police Department conducted the investigation leading to the indictment in this case.

An indictment is an accusation. A defendant is presumed innocent unless and until proven guilty.

Updated October 13, 2016