Bank robber sentenced in federal court Thursday

Posted at: 11/29/2012 7:47 PM
Updated at: 11/29/2012 7:48 PM
By: staff

A federal judge sentenced Jacob Balducci, 35, of Albuquerque, Thursday to a 57-month jail term to be followed by three years of supervised release for robbing New Mexico Bank & Trust.

Balducci also was ordered to pay full restitution to the bank that was the victim of his offense.

U.S. Attorney Kenneth J. Gonzales said that Balducci was convicted of robbing the New Mexico Bank & Trust located at 3701 Fourth Street NW back in March.

He plead guilty as part of a plea deal back in June.

According to a press release from the U.S. Attorney's office citing court documents, Balducci drove up to the bank’s drive-through window and presented the teller with a note claiming that he had wired four plastic bombs to the bank and threatening to detonate the bombs unless he received cash.

The bank teller complied with the demand and Balducci drove away with the cash. Albuquerque police went to the vicinity of 6th Street and Coal Avenue NE, where they executed a stop on a vehicle that fit the description of the vehicle used by the bank robber.

Based on an eye witness description of the bank robber, the officers determined that the driver, Balducci, was the bank robber. Thereafter, a witness who was at the scene of the bank robbery positively identified Balducci as the bank robber.

After his arrest, Balducci admitted robbing the Bank.

Balducci has been in federal custody since his arrest.