A Colorado Springs man could face up to 20 years in federal prison and a quarter-million-dollar fine if convicted of holding up two credit unions during a ten-week period.
U-S Attorney's office spokesman Jeff Dorschner says authorities arrested 64-year-old Leonard Joshua McGraw at his home Wednesday.
He appeared in court Thursday for advisement of the charges.
McGraw is accused of placing a device on a counter inside the Fitters Local 58 Credit Union July 22nd, claiming it was a bomb. He allegedly used the same line in late September at the Pentagon Federal Credit Union.
Officials say McGraw took more than $49,000 dollars from the Colorado Springs facilities.
He's being held without bond pending a court appearance next week.