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Press Release

Yankton Man Sentenced on Bank Robbery Charges

For Immediate Release
U.S. Attorney's Office, District of South Dakota

United States Attorney Randolph J. Seiler announced that a Yankton, South Dakota, man convicted of Bank Robbery was sentenced on November 6, 2017, by U.S. District Judge Karen E. Schreier.

David William Giese, age 27, was sentenced to 4 years in custody, followed by 4 years of supervised release.  He was also ordered to pay $100 to the Federal Crime Victims Fund, as well as $6,900 in restitution.

Giese was indicted for bank robbery by a federal grand jury on February 15, 2017.  He pled guilty on August 15, 2017.

On July 26, 2016, Giese robbed the Wells Fargo Bank in Yankton.  At approximately 4:55 pm, Giese entered the bank wearing an old man mask and carrying a cardboard box.  He approached the teller and stated, “Give me all your money.  There’s a bomb in the box.”  Giese also handed the teller a handwritten note that stated he had a bomb and demanded money.  After the teller provided cash from the drawer, Giese left the sealed cardboard box on the counter and told all of the bank employees not to call the police for 30 minutes otherwise the bomb would detonate.  Giese exited the bank building and left the scene in his vehicle. 

This case was investigated by the Yankton Police Department and the Federal Bureau of Investigation.  Assistant U.S. Attorney Jeffrey C. Clapper prosecuted the case.

Giese was immediately turned over to the custody of the U.S. Marshals Service.

Updated November 6, 2017

Topic
Financial Fraud