A Henderson, Kentucky man pleaded guilty last week in United States District Court before Magistrate Judge Dave Whalin to robbing six financial institutions and to money laundering, announced David J. Hale, United States Attorney for the Western District of Kentucky.
According to the plea agreement, James Allen Morris, age 54, admitted to using force, violence, and intimidation when he robbed six financial institutions, whose deposits were then insured by the Federal Deposit Insurance Corporation and the National Credit Union Administration, located in Henderson County, Kentucky, between July 23, 2010 and January 17, 2013.
Specifically, Morris admitted on Friday, July 26, 2013, to robbing the following financial institutions: on January 17, 2013, Green River Credit Union, located at 902 Second Street, Henderson, Kentucky, of $32,414; on August 22, 2012, Independence Bank, located at 2610 Zion road, Henderson, Kentucky, of $10,400; on August 22, 2012, Bank of Henderson, 2003 Stapp Drive, Henderson, Kentucky, of $11,559; on July 11, 2012, Green River Credit Union, 902 Second Street, Henderson, Kentucky, of $1,596; on May 24, 2011, U.S. Bank, 501 Barrett Boulevard, Henderson, Kentucky, of $6,000; and on July 23, 2010, Integra Bank, 9720 U.S. HWY 41 N., Poole, Kentucky, of $2,770.
Further, Morris admitted to one count of money laundering for knowingly depositing the proceeds of bank robbery at three separate branches of the same bank located in Henderson, Kentucky. The separate deposits were designed to conceal the fact that the deposits were bank robbery proceeds taken from the Green River Credit Union.
Further, Morris agreed in court to an order of restitution to be determined at sentencing. The amount owed to victims includes the total loss to the banks listed in the plea agreement including an undetermined amount to Old National Bank and $4,485 to Green River Credit Union at 902 St. Henderson, Kentucky, as $29,524 was recovered.
At sentencing Morris faces a combined maximum term of 140 years in prison, a maximum fine of $1,750,000, restitution, and a three-year term of supervised release.
Sentencing is scheduled for September 21, 2013, at 10:30 a.m. in Owensboro, before Chief Judge Josepha H. McKinley, Jr.
This case is being prosecuted by Assistant United States Attorney Joshua Judd and is being investigated by the Henderson Police Department and the Federal Bureau of Investigation.