Monticello Man Pleads Guilty To Armed Bank Robbery

A man who robbed the F&M Bank in Monticello on July 29, 2016, pled guilty today in federal court in Cedar Rapids. 

Brandon Brown, 45, from Monticello, Iowa, was convicted of armed bank robbery.  In a plea agreement, Brown admitted he took more than $4,000 from the F&M Bank by brandishing a weapon and pointing the weapon at a bank employee. 

Sentencing before United States District Court Chief Judge Linda R. Reade will be set after a presentence report is prepared.  Brown remains in custody of the United States Marshal and will remain in custody pending sentencing.  Brown faces a possible maximum sentence of 25 years’ imprisonment, a $250,000 fine, $100 in special assessments, and 5 years of supervised release following any imprisonment.

The case is being prosecuted by Assistant United States Attorney Jacob Schunk and was investigated by the Federal Bureau of Investigation.  

Court file information at https://ecf.iand.uscourts.gov/cgi-bin/login.pl. 

The case file number is 16-CR-080-LRR.