Bridgewater Man Pleads Guilty in Armed Cash Courier Heist

A Bridgewater man has pleaded guilty to his role in the armed robbery of a cash courier working for licensed cannabis companies outside of a bank in Swansea, Mass. last year. Steven Madison, 39, pleaded guilty to one count of robbery; one count of conspiracy to commit Hobbs Act robbery; one count of brandishing a firearm in relation to a crime of violence; one count of being a felon in possession of a firearm and ammunition; and one count of possession with intent to distribute cocaine.

In May 2024, Madison was arrested and charged along with Christopher White and Quentin McDonald in connection with the robbery. A fourth individual, Elgun Mikaiylov, a former manager for one of the cannabis dispensaries, was later charged in a superseding indictment for his alleged involvement in providing information about the cash pickups at the dispensary and the couriers, for his involvement in planning the robbery and for receiving some of the proceeds.

On Feb. 19, 2024, Madison and another man stole a rental van from a U-Haul Moving & Storage location in Abington, Mass. Later in the day, an armed courier who worked for a company that provides secure cash transportation services for licensed cannabis companies arrived at a bank in Swansea carrying approximately $436,200 in cash for deposit. Madison and, allegedly, White drove the U-Haul van behind the courier. It is alleged that White exited the van wearing a camouflaged vest and pointed a firearm at the courier before zip-tying the courier’s hands behind his back.

Madison then exited the U-Haul van and quickly loaded the cash into the vehicle. After trying to disarm the courier, the two men allegedly forced the courier into the back seat of his own car, pepper sprayed him and closed the door. Surveillance footage showed that the courier managed to remove one hand from the zip-tie restraints while inside his vehicle, draw his firearm and fire four rounds in the direction of the U-Haul van as it fled the scene, before calling 911.

After leaving the bank, it is alleged that Madison and White drove the van to a nearby location in Swansea where McDonald was waiting in an SUV. There, the men allegedly transferred the stolen cash into the getaway SUV, burned the U-Haul van and fled. During a search of Madison’s residence in Bridgewater, a pistol and over 400 grams of cocaine were found. Madison has prior state convictions for masked armed robbery, assault and battery by means of a dangerous weapon and unlawfully possessing a firearm.

The charge of Hobbs Act robbery and conspiracy provide for a sentence of up to 20 years in prison, three years of supervised release and a fine of up to $250,000. The charge of brandishing a firearm during a crime of violence carries a mandatory minimum sentence of seven years in prison, to be served consecutively to any sentence on the underlying offense. The charge of being a felon in possession of a firearm provides for a sentence of up to 15 years in prison, three years of supervised release and a fine of $250,000. The charge of possession with intent to distribute cocaine carries a maximum sentence of up to 20 years in prison, at least three years and up to a lifetime of supervised release and a $1 million fine.

United States Attorney Leah B. Foley; Scott Riordan, Acting Special Agent in Charge of the Bureau of Alcohol, Tobacco, Firearms & Explosives, Boston Field Division; Colonel Geoffrey D. Noble of the Massachusetts State Police; and Swansea Police Chief Mark Foley made the announcement today. Valuable assistance was provided by the Swansea Police Department, the Massachusetts State Police, the Bureau of Alcohol, Tobacco, Firearms & Explosives and the U.S. Marshals.

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