Last Updated on: 4th August 2023, 08:26 pm
Bank robbery has a more extensive history that defines prohibited criminal conduct. It is one of the more severe crimes that can lead to one getting charged for long sentences in prison and other sanctions. Bank robbery is a violent or forceful act of stealing from the bank and subjecting the employees and bank customers to brutality. It happens during the regular operation of bank activities.
Robbing a national bank or a state member is a federal crime and has laws governing it as part of the Federal Reserve System. It includes theft, bank burglary and other related crimes. There are bank robbery suspects who pose a significant threat to the general public. Such criminals face local law enforcement in local jurisdictions.
In some cases, when a crime got committed years back more than the specified period, the statute of limitations gets applicable in such a situation. The criminal can no longer get prosecuted if the time got deteriorated from the time of the crime. The primary purpose of the rule is that all convictions have enough evidence, both physical and eyewitness, before the law takes its course.
Bank Robbery Laws
Bank robbery laws have harsh penalties than ordinary robbery because banks are national organizations and have a higher standing than private institutions or other business establishments. It is a federal crime, and it applies federal penalties.
The charges take a more extended period than different types of robberies. In this case, bank robbery involves various ways like demanding money from the teller through a written note among others. Such situations get prosecuted by the federal government.
Bank Robbery Crimes and Charges
There are various forms of robbery crimes and charges, depending on the type of robbery act, and the amount stolen. The following rules apply to federal law charges under bank robbery.
• A person who gets to the bank forcefully or violently with the intent to take funds that will affect the operation of the bank entity. The person walks to the bank and hands over a note to the teller demanding for money, gets the money and calmly walks away. The penalty is a hefty fine and up to 20 years in jail.
• In case there was jeopardy in the act that involved assault. The cases applicable are making threats to the teller, the use of weapons, whether toy or real during a robbery.
• A person who secretly receives, stores, conceals or sells any property or money stolen from the bank, credit union or saving associations. The penalty for such can go up to 10 years in jail.
• A person who kills or abducts another using a dangerous weapon or puts in jeopardy the life of another individual. The person could face severe punishment which includes life imprisonment or a death penalty.
• Threatening a bank customer to withdraw money from the ATM at gunpoint. But if they had cash in their possession, it may not be a federal bank robbery.
• A person who forcefully and violently takes or tries to make property or money or any valuable thing belonging to a bank, credit union or savings associations through intimidation. Or a group of people who attempts to get to a bank institution to rob forcefully. The person receives fine under the title or serves not more than twenty years of imprisonment.
• An individual who takes or intents to loot a bank property, money, or any valuable item exceeding $1,000 shall receive a fine of more than ten years imprisonment under the same title.
• Whoever tries to free themselves from arrest, confinement or avoids apprehension for the committed offence, kills another person or influences another into the act without their accord. The person shall get not less than ten years or life imprisonment.
Bank Robbery Sentence Rules
The conviction of bank robbery depends on a wide range of factors which includes;
• Involvement of a weapon during the act and the type of weapons used
• The amount looted
• Injuries and death incidences
• Any abduction during the robbery
• The criminal history of the person
• If the suspect accepts or takes responsibility or the crime
The bank robbery statutes of limitations under federal law take five years. There will be no trial after the expiration of that period at the federal level. However, there could be charges with more extended statue limitation under specific laws.
Getting Legal Assistance
Bank robbery laws, charges and statutes of limitations can be your path to freedom when you involve an experienced lawyer, especially if you got accused and the case took longer to bring charges.
Understanding Bank Robbery: Laws, Charges, and Penalties
Bank robbery is a heinous crime that has a long and complex history in the United States. It involves forcefully stealing from a bank while subjecting employees and customers to brutality. The penalties for this type of crime are severe, including long sentences in prison and other sanctions. At Spodek Law Group, we have extensive experience handling these legal situations, and Attorney Todd Spodek can provide the legal assistance you need.
Bank Robbery Laws and Penalties
Robbing a national or state bank is a federal crime governed by the Federal Reserve System. It includes theft, bank burglary, and other related crimes. Local law enforcement handles bank robbery suspects who pose significant threats to the general public in local jurisdictions.
The charges for bank robbery take longer than different types of robberies because banks are national organizations with higher standing than private institutions or other business establishments. The penalties for bank robbery are harsher than those for ordinary robbery due to its severity.
Bank Robbery Crimes and Charges
There are various forms of robbery crimes depending on the type of act committed during the incident as well as how much was stolen. Under federal law charges under bank robbery include:
Forceful or violent entry into a Bank
A person walks into the bank with intent to take funds that will affect operation of banking entity; hands over note demanding money from teller; gets money calmly walks away.
Penalty: A hefty fine up to 20 years imprisonment
Assault with Weapon
Making threats to teller using weapons (whether toy or real) during roberry.
Penalty: Life imprisonment or death penalty
Secretly receiving storing concealing selling stolen property/money
From banks credit unions savings associations.
Penalty: Up to 10 years imprisonment
Killing/Abducting another individual
Using dangerous weapon putting another individual’s life in jeopardy.
Penalty: Life imprisonment/death penalty
Threatening bank customer at gunpoint
Forcing the customer to withdraw money from an ATM.
Not considered a federal bank robbery if the customer had cash in their possession.
Forcefully and violently taking or trying to make property/money/any valuable thing belonging to banks, credit unions, savings associations through intimidation
Or group of people who attempts to get into banking institution forcefully.
Penalty: A fine under title or serving not more than twenty years imprisonment.
Taking/intending to loot bank property/money/any valuable item exceeding $1,000
Penalty: Fine of more than ten years imprisonment under same title.
Attempting to free oneself from arrest/confinement or avoiding apprehension for committed offence/killing another person/influencing another into act without their accord.
Penalty: Not less than ten years/life imprisonment.
The conviction of bank robbery depends on various factors such as involvement of weapons during the act, type of weapons used, amount looted, any injuries/deaths that occurred during incident and criminal history of suspect.
Statute Of Limitations
In some cases when crime got committed years back more than specified period statute limitations gets applicable in such situation where criminal can no longer get prosecuted if time deteriorated from time crime was committed. The primary purpose is that all convictions have enough evidence both physical and eyewitness before law takes its course. Bank robbery statutes limitations under federal law take five years; there will be no trial after expiration period at federal level but could be charges with extended statue limitation under specific laws.
Getting Legal Assistance
If you are accused of bank robbery and case takes longer bring charges then understanding bank robbery laws charges penalties statutes limitations can be your path freedom when you involve experienced lawyer especially Spodek Law Group Attorney Todd Spodek has professionalism deep understanding law provide legal assistance needed help navigate through legal process best possible outcome contact us today consultation!