The case is the product of an investigation by the FBI with the assistance from police departments in Grass Valley, South Lake Tahoe, Gridley, and Paradise; the Sheriff’s Offices in Placer and Sacramento Counties; and the Carson City Sheriff’s Office. It was the collaborative effort and cooperation of the agencies involved in the investigation that ultimately led to Osborne’s identification and the filing of federal charges. Assistant U.S. Attorney Michelle Rodriguez is prosecuting the case.
According to the complaint, Osborne robbed the following California banks:
■December 22, 2009, Bank of the West, 736 Taylorville Road, Grass Valley;
■February 18, 2010, Bank of the West, 2160 Lake Tahoe Boulevard, South Lake Tahoe; ■March 9, 2010, Bank of the West, 200 Bear Street, Kings Beach;
■March 31, 2010, Bank of the West, 736 Taylorville Road, Grass Valley;
■April 26, 2010, Bank of the West, 34 East Gridley Road, Gridley;
■June 3, 2010, American River Bank, 9750 Business Park Drive, Rancho Cordova;
■June 29, 2010, Chase Bank, 6669 Clark Road, Paradise.
In addition, according to court documents, Osborne also committed the April 12, 2010 armed robbery of the Bank of the West’s Carson City branch at 2976 North Carson Street in Nevada.
Osborne is currently in federal custody on unrelated charges. He faces up to 25 years in federal prison for each armed bank robbery. The actual sentence, however, will be determined at the discretion of the court after consideration of any applicable statutory sentencing factors and the Federal Sentencing Guidelines, which take into account a number of variables.
The charges in the complaint are only allegations, and the defendant is presumed innocent until and unless proven guilty beyond a reasonable doubt.
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