Court Appearance Scheduled For Bank Robbery Suspect Billy Ray Wood, Jr.
A man accused of robbing a bank in Littlefield has been arrested on a federal charge.
Eighteen-year-old Billy Ray Wood, Jr. of Littlefield, was arrested Friday by the FBI, following a federal criminal complaint charging bank robbery.
According to the affidavit, Wood is believed to have entered the First Federal Bank at 2313 Phelps Avenue in Littlefield, and attempted to rob it on Friday.
Wood reportedly entered the bank with his face masked by a black shirt and hat, and the bank’s receptionist asked him to remove the mask, but he refused. Wood is believed to have jumped over the teller counter and attempted to open one of the drawers.
When the first teller drawer wouldn’t open, he moved to another drawer and removed cash. As he was reportedly leaving the bank, a man grabbed him and removed his hat and mask. Wood is believed to have dropped the cash, and then fled on foot to a residence.
Wood’s initial appearance before U.S. Magistrate Judge Nancy M. Koenig is scheduled for 3 p.m. Monday.
The government has 30 days to present the matter to a grand jury. The maximum statutory sentence for a count of bank robbery is 20 years in prison and a $250,000 fine.