Pittsburgh Resident Indicted for Fraud and Conspiracy to Maliciously Destroy East Carson Street Property by Fire
PITTSBURGH – An Allegheny County resident has been indicted by a federal grand jury in Pittsburgh on charges of bank robbery and armed bank robbery, United States Attorney David J. Hickton announced today.
The four-count indictment named Christopher Wallace, 28, formerly of Pittsburgh, Pa., as the sole defendant.
According to the indictment, on or about Feb. 10, 2015, Wallace robbed two banks with a dangerous weapon: First Commonwealth Bank, located at 5200 Butler Street, in Lawrenceville, and PNC Bank located at 206 Rodi Road in Penn Hills. Both banks are insured by the Federal Deposit Insurance Corporation.
The law provides for a maximum total sentence of 25 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 Cindy K. Chung is prosecuting this case on behalf of the government.
The Federal Bureau of Investigation and the Pittsburgh Bureau of Police 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.