Shiloh Palmer, Andrew Palmer, Elizabeth Olinger, Peter Olinger, Bank Robbery, Iowa 2015

Four individuals from Mechanicsville, Iowa, have been charged with bank robbery after allegedly stealing over $30,000 from an employee of the Exchange State Bank of Martelle, Iowa, on April 6, 2015.

The defendants, Shiloh Palmer, 22, Andrew Palmer, 24, Elizabeth Olinger, 26, and Peter Olinger, 42, each face four counts of bank robbery and related offenses.

According to the indictment, the defendants either personally or aided and abetted the theft of over $30,000 from an employee of the bank through force, violence, and intimidation, and used two shotguns in furtherance of the bank robbery.

If convicted on all charges, each defendant faces a mandatory minimum sentence of 17 years' imprisonment and a possible maximum sentence of life imprisonment, a $1 million fine, $400 in special assessments, and 16 years of supervised release following any imprisonment.

All four individuals appeared in federal court in Cedar Rapids yesterday and were held without bond. Their next appearance will be a detention hearing set for May 20, 2015, at 9 a.m.

As with any criminal case, a charge is merely an accusation and a defendant is presumed innocent until and unless proven guilty.

The case is being prosecuted by Assistant United States Attorney Timothy L. Vavricek and was investigated by the FBI, the Jones County Sheriff's Office, the Iowa DCI, the Iowa State Fire Marshal's Office, the Lisbon Police Department, the Mt. Vernon Police Department, the Cedar County Sheriff's Office, the Mechanicsville Police Department, and the Linn County Sheriff's Office.

Source: https://www.justice.gov/usao-ndia/pr/four-persons-charged-eastern-iowa-bank-robbery