CAMDEN, NJ—A Philadelphia, Pennsylvania, man admitted robbing five banks in New Jersey and Pennsylvania over four months, U.S. Attorney Paul J. Fishman announced today.

Nathaniel Stroud, 34, pleaded guilty before U.S. District Judge Joseph E. Irenas in Camden federal court to an information charging him with two counts of bank robbery in connection with robbing a Roma Bank in Delran, New Jersey, on Nov. 8, 2013, and robbing a 1st Constitution Bank in Hightstown, New Jersey, on Jan. 9, 2014. Stroud also admitted robbing a PNC Bank and a TD Bank in Philadelphia and a TD Bank in Willingboro, New Jersey.

According to documents filed in the case and statements made in court:

Between September 2013 and January 2014, Stroud robbed the five banks by presenting a demand note to the bank tellers, in which he stated that he had a gun.

The two counts of bank robbery charged in the information are each punishable by a maximum of 20 years in prison and a $250,000 fine. Sentencing is currently scheduled for May 14, 2015.

U.S. Attorney Fishman credited special agents of the FBI, under the direction of Acting Special Agent in Charge Eric Welling, in Newark; the Burlington County Prosecutor’s Office, under the direction of Prosecutor Robert D. Bernardi: and the Mercer County Prosecutor’s Office, under the direction of Prosecutor Joseph L. Bocchini, with the investigation. He also thanked the Delran, Willingboro and Hightstown police departments for their assistance.

The government is represented by Assistant U.S. Attorney Matthew J. Skahill of the U.S. Attorney’s Office Special Prosecutions Division in Camden.