PHILADELPHIA - Richard Boyle, 57, of Doylestown, PA was arrested today by the Federal Bureau of Investigation. On April 19, 2017, a federal grand jury returned an indictment charging Boyle with 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. Boyle stole a total of $495,686 in U.S. currency during the commission of the 11 bank robberies, which occurred in Montgomery and Bucks counties between 2012 and 2016. 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 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. It is being prosecuted by Assistant United States Attorney Robert J. Livermore.
Source: U.S. Department of Justice, Office of the United States Attorneys
