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Bank Robbery Spree Ends with Doylestown Man’s Arrest
A 57-year-old man from Doylestown, Pennsylvania has been arrested for allegedly committing 11 bank robberies across Montgomery and Bucks counties between 2012 and 2016.
Richard Boyle, 57, was taken into custody by the Federal Bureau of Investigation on charges of 11 counts of bank robbery, 10 counts of using or carrying a firearm during the commission of those bank robberies, and 10 counts of money laundering.
According to the indictment, Boyle stole a total of $495,686 in U.S. currency during the commission of the 11 bank robberies. The indictment further alleged that Boyle laundered a portion of the proceeds of these robberies through his aerial photography business, in an attempt to hide the source of these funds.
The case was investigated by the Federal Bureau of Investigation’s Violent Crimes Task Force and Fort Washington Resident Agency, in conjunction with several local police departments, including the Horsham Township Police Department; Newtown Township Police Department; Lower Makefield Township Police Department; Upper Dublin Township Police Department; Upper Providence Township Police Department; Pennsylvania State Police; Whitpain Township Police Department; Plymouth Township Police Department; Montgomery Township Police Department; Warminster Township Police Department Montgomery County District Attorney’s Office; and Bucks County District Attorney’s Office.
Assistant United States Attorney Robert J. Livermore is prosecuting the case. Boyle’s aerial photography business was allegedly used to launder the stolen funds, highlighting the creative methods used by some individuals to conceal their illicit activities.
The FBI’s Violent Crimes Task Force and local law enforcement agencies worked tirelessly to bring Boyle to justice, ultimately recovering a significant amount of stolen funds and preventing further harm to the community.
The indictment and arrest of Richard Boyle serve as a reminder of the importance of cooperation between federal and local law enforcement agencies in combating violent crimes and financial crimes.
Key Facts
- State: Pennsylvania
- Category: Violent Crime|Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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