Two local men have pleaded guilty in federal court to a string of bank robberies in New York State and Massachusetts.
According to United States Attorney Richard S. Hartunian, Zachariah Edwards, 21, of Frankfort and Nciholas Ferrona, 21, of Utica have admitted to the following bank robberies:
- Chase Bank, 6004 Court Street, Syracuse, New York of $2,156 on January 14, 2013;
- Berkshire Bank, 2080 Western Avenue, Guilderland, New York of $2,566 on January 23, 2013;
- Chase Bank, 4425 East Genesee Street, Dewitt, New York of $4,680.75 on January 28, 2013;
- Trustco Bank, 2050 Western Avenue, Guilderland, New York of $1,930 on February 13, 2013;
- Bank of America, 638 Memorial Drive, Chicopee, Massachusetts of $3,300 on February 25, 2013;
- Key Bank, 1610 Eastern Parkway, Schenectady, New York of $3,700 on March 1, 2013; and
- M&T Bank, 5170 West Taft Road, Syracuse, New York of $3,446 on March 4, 2013.
In addition, Ferrone admitted to a robbery of the Alliance Bank at 142 Genesee Street in the City of Oneida of $2,240 on January 3, 2013. Although no weapons were displayed, officials say the two told the tellers they were armed during the course of several of the robberies.
Edwards has been held without bail since his arrest on March 8, 2013. Ferrone has also been held without bail since his arrest on March 11, 2013. They will both continue to be detained until their sentencing, which is scheduled for October 1, 2013.
Officials say bank robbery carries a maximum penalty of twenty years imprisonment and a fine of $250,000 on each count.
The investigation has been a multi-agency effort, including participation by the Dewitt Police Department, the New York State Police, the Guilderland Police Department, the Oneida Police Department, the Onondaga County Sheriff's Office, Chicopee, Massachusetts Police Department, Schenectady Police Department and the Federal Bureau of Investigation.