Man pleads guilty to serial armed bank robbery

By Betty Simpson |

Published 12/11 2013 04:34PM

Updated 04/28 2014 04:32PM

URBANA -- An Indiana man pleaded guilty to serial armed bank robbery in Illinois. 49-year old Ronald Corbin admitted committing four separate bank robberies between August and September of this year, as well as brandishing a firearm during a crime of violence.

If the plea deal is accepted by district court, Corbin will receive 39 years and 3 months in federal prison when he's sentenced in April, 2014. Corbin and an alleged accomplice, Dennis Gallivan, were arrested during a traffic stop on September 10 after the hold up of the Central Illinois Bank, in the 1500-block of North Cunningham. During that robbery, Corbin fled with $6,800.

The plea deal includes Corbin's admitting holding up the following banks: First Midwest Bank, on North Vermilion Street, in Danville, on August 10, escaping with $5,650; the United Community Bank, on South Oakwood Road, in Oakwood, on August 21, escaping with $16,900; and attempting to rob the Municipal Trust & Savings Bank, on North Dixie Highway, in Momence, on September 6, fleeing empty-handed.

During Corbin's crime spree, he was already facing bank robbery charges in two counties in Indiana. He'd been released on bond for the robbery of a bank in Lafayette, in October, 2012, as well as the robbery of a bank in Frankfort, in October 2013.

Corbin will also be ordered to make full restitution to the banks and forfeit his handgun.

The indictment against his co-defendant, Gallivan, remains pending.

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