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Iowa man accused of robbing small town bank caught in Colorado

This news story was published on June 25, 2018.
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CEDAR RAPIDS – An Iowa man who allegedly robbed a small town bank here was caught in Colorado.

Joseph Jay Kripner, age 46, from Monticello, Iowa, has been charged with one count of bank robbery.­ The charges are contained in a complaint unsealed Wednesday in United States District Court in Cedar Rapids, Iowa.

The complaint alleges that that, in early June 2018, Kripner robbed the Security State Bank in Springville, Iowa. Kripner displayed what appeared to be a gun at a teller. The teller provided Kripner with cash in a plastic shopping bag. Kripner then left the bank quickly. With the help of the “Crimestoppers” tip line, law enforcement officers later compared photographs of Kripner with surveillance camera footage from the bank heist.

Kripner appeared on June 19, 2018, in federal court in Colorado, and was held without bond. Kripner will appear in federal court in Cedar Rapids once the United States Marshal’s Service transports him to Iowa. If convicted, Kripner faces a possible maximum sentence of 20 years’ imprisonment, a $250,000 fine, and three years of supervised release following any imprisonment.­

As with any criminal case, a charge is merely an accusation and a defendant is presumed innocent until and unless proven guilty.

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