A serial bank robber who hit the Bank of the West on Taylorville Road in Grass Valley twice pleaded guilty today to three counts of armed bank robbery. David Griffith Osborne, 74 was dubbed The Fedora Bandit. In each of his seven robberies, Osborne wore a hat, sunglasses, a fake mustache and goatee, and demanded money while brandishing a firearm.
Osborne was identified on surveillance images and after the June 29, 2010 robbery of the Chase Bank in Paradise, his DNA was recovered from an abandoned bicycle that he used as a getaway vehicle. The Bank of the West robberies in Grass Valley occurred on December 22nd 2009 and March 31st 2010. Osborne also robbed banks in Gridley, Rancho Cordova, South Lake Tahoe and Kings Beach. Osborne also admitted to robbing a bank in Carson City, Nevada.
Osborne is scheduled to be sentenced on March 29, 2013 and faces up to 25 years in prison, followed by five years of supervised release, for each of the three armed bank robberies he pleaded guilty to.