Rockford Man Charged in Federal Court with Bank Robberies

ROCKFORD — A Rockford man was indicted Tuesday by a federal grand jury in Rockford for the robberies of two Rockford banks. 

ALBERT K. STALLWORTH, 62, was charged with two counts of bank robbery.  According to the indictment, on Aug. 25, 2017, Stallworth robbed the Midwest Community Bank on North Perryville Road in Rockford of $4,989.  The indictment further alleges that on Jan. 9, 2018, Stallworth robbed the Associated Bank on Center Terrace in Rockford of $1,620. 

Stallworth appeared before U.S. Magistrate Judge Iain D. Johnston today for arraignment.  His case was set for a status hearing on March 8, 2018, at 11:00 a.m.

Each count of bank robbery carries a maximum potential penalty of up to 20 years in prison, to be followed by up to three years of supervised release.  Each count also carries a fine of up to $250,000.  If convicted, the Court must impose a reasonable sentence under federal sentencing statutes and the advisory United States Sentencing Guidelines, and order the defendant to pay full restitution to Midwest Community Bank and Associated Bank. 

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

The investigation was conducted by the FBI-led Rockford Area Violent Gang Task Force consisting of law enforcement officers and agents from the FBI, Rockford Police Department, Loves Park Police Department, and Freeport Police Department. 

The indictment was announced by John R. Lausch, Jr., United States Attorney for the Northern District of Illinois; Jeffrey Sallet, Special Agent-in-Charge of the Chicago Field Office of Federal Bureau of Investigation; and Dan O’Shea, Chief of the Rockford Police Department. 

The government is represented by Assistant U.S. Attorney Joseph C. Pedersen.