Chicago Man Arrested for Theft from Sycamore Bank

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Chicago Man Arrested for Theft from Sycamore Bank

The following press release was published by the U.S. Department of Justice, Federal Bureau of Investigation (FBI) on March 25, 2019. It is reproduced in full below.

ROCKFORD - A Chicago man was arrested Friday after being indicted on charges of bank theft.

BRANDON MOORE, 29, was indicted by a federal grand jury in Rockford on March 19, 2019. According to the indictment, on June 28, 2018, Moore stole more than $1,000 belonging to the Heartland Bank and Trust in Sycamore. Moore has been in custody since his arrest and was scheduled to appear at 2:00 p.m. today before U.S. Magistrate Judge Iain D. Johnston.

The arrest was announced by John R. Lausch, Jr., United States Attorney for the Northern District of Illinois; Jeffrey S. Sallet, Special Agent-in-Charge of the Chicago office of the Federal Bureau of Investigation; and Jim Winters, Chief of the Sycamore Police Department. The government is represented by Assistant U.S. Attorney Joseph C. Pedersen.

The charge of bank theft carries a maximum sentence of ten years’ imprisonment, a term of supervised release of up to three years following imprisonment, and a fine of up to $250,000 or twice the gross gain or gross loss resulting from that offense, whichever is greater, plus full restitution. If convicted, the Court must impose a reasonable sentence under federal sentencing statutes and the advisory United States Sentencing Guidelines.

The public is reminded that an indictment is only a charge and is not evidence of guilt. The defendant is presumed innocent and entitled to a fair trial at which the government has the burden of proving guilt beyond a reasonable doubt.

Source: U.S. Department of Justice, Federal Bureau of Investigation (FBI)

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