FEDERAL GRAND JURY INDICTS BANK ROBBER DUBBED THE “TOBOGGAN BANDIT”

DALLAS — A federal grand jury in Dallas has returned an indictment charging Jim Wesley Davis, 56, with several bank/credit union robberies and armed bank/credit union robberies in the Dallas area, announced U.S. Attorney Richard B. Roper of the Northern District of Texas. Davis was arrested by U.S. Marshals at his home in Denison, Texas, for a parole violation warrant and remains in custody in Grayson County.

Special Agent in Charge Robert E. Casey Jr., FBI Dallas, expressed his appreciation to the Dallas Police Department and the Richardson Police Department for their dedicated efforts in the investigation and assistance in the identification of Mr. Davis as the alleged “Toboggan Bandit.” SAC Casey also would also like to thank the U.S. Marshals Service and the Denison Police Department for their efforts in the apprehension of Mr. Davis.

The indictment alleges that Davis committed the following bank robberies:

• November 28, 2007 Guaranty Bank

6240 East Mockingbird Lane

Dallas, Texas

• November 29, 2007 Sovereign Bank

377 West Campbell Road, Suite 100

Richardson, Texas

• December 6, 2007 Resource One Credit Union

7518 Ferguson Road

Dallas, Texas

• December 27, 2007 Washington Mutual Bank

110 North Coit Road

Richardson, Texas

In all but the Guaranty Bank robbery on November 28, 2007, Davis used a firearm.

Davis is charged with three counts of bank robbery, one count of robbery of a credit union, and three counts of using, carrying and brandishing a firearm. He faces a maximum statutory sentence of 152 years in prison and a $1.75 million fine if convicted.

An indictment is an accusation by a grand jury and a defendant is presumed innocent unless proven otherwise.

U.S. Attorney Roper praised the investigative efforts of the FBI, the U.S. Marshals Service and the Dallas, Richardson, and Denison, Texas Police Departments. Assistant U.S. Attorney Kim McCabe is prosecuting the case.