South Jersey Man Admits Robbing Three Banks

CAMDEN, NJ—A Camden County, New Jersey man today admitted robbing three banks in Pennsauken, New Jersey, in November 2011 while on federal supervised release for bank robbery, U.S. Attorney Paul J. Fishman announced.

Richard B. Jones, 38, of Pennsauken, pleaded guilty to an information charging him with one count of bank robbery in connection with his robbing a Sovereign Bank on November 28, 2011. He also admitted robbing the same Sovereign Bank and the PNC Bank in Pennsauken, New Jersey, that same month. Jones committed these three bank robberies while on federal supervised release for a bank robbery he committed in Rhode Island in 2006 and pleaded guilty to violating his supervised release. Jones entered his guilty pleas before U.S. District Judge Renée Marie Bumb in Camden federal court.

According to documents filed in this case and statements made in court:

In November 2011, Jones entered a PNC Bank in Pennsauken, approached a bank teller, and presented a note that said, “Got a gun, no dye packs, all 20s, 50s, 100s.” He received money from the teller and fled. He also robbed the Sovereign Bank twice that month.

The charge to which Jones pleaded guilty is punishable by a maximum penalty of 20 years in prison and a fine of $250,000. Jones faces up to two additional years in prison for the violation of supervised release. Sentencing is scheduled for October 19, 2012.

U.S. Attorney Fishman credited special agents of the FBI, under the direction of Special Agent In Charge Michael B. Ward in Newark, and the Pennsauken Police Department, and the Camden County Prosecutor’s Office for the investigation leading to today’s guilty plea.

The government is represented by Assistant U.S. Attorney Alyson M. Oswald of the U.S. Attorney’s Office Criminal Division in Camden.