Boyd County Man Indicted for Robbing Bluegrass Community Federal Credit Union in Ashland

LEXINGTON, Ky. – A Boyd County man was indicted Thursday on a charge of robbing the Bluegrass Community Federal Credit Union (BCFCU), located in Ashland, Kentucky.

Danny P. Chaffin, 37, of Boyd County, was charged with taking over $12,000 from BCFCU, a federally insured financial institution, on April 5, 2019. On Thursday, a grand jury in Lexington returned the single-count indictment charging Chaffin with violating 18 U.S.C. § 2113(a), the federal bank robbery statute.

Robert M. Duncan, Jr., United States Attorney for the Eastern District of Kentucky; James Robert Brown, Jr., Special Agent in Charge, Federal Bureau of Investigation; and Todd Kelley, Chief of the Ashland Police Department, jointly announced the indictment. The investigation preceding the indictment was conducted by the Ashland Police Department and the Federal Bureau of Investigation.

A date for Chaffin to appear in federal court has not yet been scheduled. He faces up to 20 years in prison and a fine of $250,000. However, any sentence following a conviction would be imposed by the Court, after its consideration of the U.S. Sentencing Guidelines and the federal sentencing statutes.

Any indictment is an accusation only. A defendant is presumed innocent and is entitled to a fair trial at which the government must prove guilt beyond a reasonable doubt.