SACRAMENTO, Calif. (KRNV & MyNews4.com) -- David Griffith Osborne, 74, formerly of Carson City, Nev., pleaded guilty today to three counts of armed bank robbery, United States Attorney Benjamin B. Wagner announced.
Osborne pleaded guilty to robbing the following banks:
Bank of the West, 34 East Gridley Road, Gridley, April 26, 2010;
American River Bank, 9750 Business Park Drive, Rancho Cordova, June 3, 2010;
Chase Bank, 6669 Clark Road, Paradise, June 29, 2010.
Osborne also admitted to four other bank robberies and will be required to pay restitution for all seven robberies. The other robberies are:
Bank of the West, 736 Taylorville Road, Grass Valley, December 22, 2009 and March 31, 2010;
Bank of the West, 2160 Lake Tahoe Blvd., South Lake Tahoe, Feb. 18, 2010;
Bank of the West, 200 Bear Street, Kings Beach, March 9, 2010.
In each of his seven robberies, Osborne wore a hat, sunglasses, a fake mustache and goatee, and demanded money while brandishing a firearm. He was known as the "Fedora Bandit."
Osborne was identified on surveillance images, and after the June 29, 2010 robbery of the Paradise Bank, his DNA was recovered from an abandoned bicycle.
Law enforcement personnel matched the recovered DNA to Osborne. Osborne also confessed to the seven armed robberies and also admitted he had robbed a bank in Nevada, namely of the Bank of the West on 2976 North Carson Street, in Carson City.
Osborne is scheduled to be sentenced on March 29, 2013 by U.S. District Judge Garland E. Burrell Jr.
Osborne faces up to 25 years in prison, followed by five years of supervised release, for each of the three armed bank robberies.