DAVENPORT, IA - Peter Lundberg, 60, of St. Ann, Missouri, pled guilty to one count of bank robbery in United States District Court on Sept. 1, 2017, announced United States Attorney Kevin E. VanderSchel.
During his plea, Lundberg admitted to robbing Bank of the West in Coralville, Iowa, on April 20, 2017. Lundberg stole approximately $1,080 from the bank, which law enforcement later recovered.
Sentencing is scheduled for January 8, 2018, at 1:00 p.m. Lundberg faces a maximum prison term of 20 years, and/or a fine up to $250,000; and, up to five years of supervised release. A mandatory special assessment of $100 per count will also be imposed.
The Coralville Police Department and the Federal Bureau of Investigation conducted the investigation. This case is being prosecuted by the United States Attorney’s Office for the Southern District of Iowa.
Learn more about this release by calling Jason T. Griess at 515-473-9300, or by emailing him at Jason.Griess@usdoj.gov.
Source: U.S. Department of Justice, Office of the United States Attorneys
