Austin Area Man Sentenced To Federal Prison For A String Of Robberies

In Austin today, 52-year-old Randall David Reed of Dripping Springs, TX, was sentenced to 15 years in federal prison for six robberies, including five banks and one grocery store, and brandishing a firearm during and in relation to a crime of violence announced United States Attorney Robert Pitman and Acting FBI Special Agent in Charge Aaron C. Rouse.

In addition to the prison term, United States District Judge Lee Yeakel ordered that Reed pay restitution totaling $32,430 and be placed under supervised release for a period of three years after completing his prison term. 

On February 5, 2014, Reed pleaded guilty to five counts of bank robbery, one count of violating the Hobbs Act (robbery which affects interstate commerce), and the firearm charge.  According to court records, Reed admitted that he committed the following robberies:

• February 28, 2013 -- Randalls grocery store (2000 block of West Ben White Blvd. in Austin) – $3,000
• March 25, 2013 – Pioneer Bank (100 block of Wonder World Dr. in San Marcos) – $8,312
• May 3, 2013 – Prosperity Bank (12000 block of Research Blvd. in Austin) – $2,200
• May 21, 2013 – Northstar Bank (1500 block of West 35th St. in Austin) – $3,552
• July 3, 2013 – Broadway Bank (13400 block of US Hwy 281 in San Antonio) – $1,500
• July 26, 2013 – Benchmark Bank (1500 block of West 35th St. in Austin) -- $13,866

Furthermore, Reed admitted to carrying a handgun during all of the robberies and even brandishing a handgun during the July 26, 2013, robbery.

This case was investigated by agents with the Federal Bureau of Investigation and the police departments from Austin, San Marcos and San Antonio.  Assistant United States Attorney Matthew B. Devlin prosecuted this case on behalf of the Government.