A father and son from Buffalo face years in prison after being indicted for armed bank robbery. U.S. Attorney William Hochul announced that a grand jury has returned a four-count indictment charging Brandon Loyd, 19, and his father, Duane Loyd, 44 with bank robbery and brandishing a fire arm during bank robbery.
Police say that Brandon Loyd walked into the Key Bank on Delaware Avenue in Tonawanda on December 7th and demanded cash. Loyd displayed a firearm in the process and told customers in the bank to raise their hands. He then left the bank and got into a car driven by his father Brandon Loyd.
City of Tonawanda Police spotted the vehicle and their officers pursued the suspects down River Road into Buffalo, where they crashed their vehicle at Noris and Race streets. Police recovered a disassembled pistol with a magazine containing 12 rounds of ammunition.
The bank robbery charge carries a maximum penalty of 25 years in prison and a $250,000 fine. The firearm charge carries a mandatory penalty of at least seven years of prison up to life in prison. Duane Loyd was also charged with possessing a firearm after having been convicted of a felony offense, which carries a maximum penalty of 10 years in prison and $250,000 fine.
The two will be arraigned before U.S. Magistrate Judge Hugh B. Scott at a later date.
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