US Attorney for South Dakota Randolph J. Seiler, announced that a Yankton,
South Dakota, man has been indicted by a federal grand jury for Bank Robbery.
David William Giese, age 26, was indicted on February 14. He
appeared before U.S. Magistrate Judge Veronica L. Duffy on February 17,
and pled not guilty to the Indictment.
The maximum penalty upon conviction is up to 25 years in custody and/or
a $250,000 fine, 5 years of supervised release, and $100 to the Federal Crime
Victims Fund. Restitution may also be ordered.
The indictment alleges that, Giese entered the Wells Fargo Bank in
Yankton, on July 26, 2016, and demanded money from the teller.
The charge is merely an accusation and Giese is presumed innocent until
and unless proven guilty.
“The charges today are the result of close collaboration by the FBI and our
law enforcement partners.” said Special Agent in Charge Richard T. Thornton of
the Minneapolis FBI office. “We will continue to work tirelessly to ensure those
who commit crimes such as this will be brought to justice.”
The investigation is being conducted by the Federal Bureau of
Investigation and the Yankton Police Department. Assistant U.S. Attorney
Jeffrey C. Clapper is prosecuting the case.
Giese was released on bond pending trial. A trial date has not been set.