Grand jury indicts Bloomington man in series of bank robberies

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

BLOOMINGTON, Ind. – A Bloomington man accused of robbing a pair of Columbus banks is now charged with robbing three more over the span of several months.

A federal grand jury indicted Stephen M. Lee, 49, on five federal bank robbery charges. The federal indictment said Lee robbed two banks in Bloomington and a bank in Terre Haute in addition to the Columbus thefts.

Here are the banks Lee is accused of robbing:

  • Nov. 2, 2015: Jackson County Bank in Columbus
  • Dec. 29, 2015: Peoples State Bank in Bloomington
  • Jan. 27, 2016: Regions Bank in Bloomington
  • Feb. 2, 2016: Terre Haute Savings Bank in Terre Haute
  • Feb. 16, 2016: Main Source Bank in Columbus

A grand jury returned the indictment on April 12, and Lee appeared in federal court two days later to hear the charges against him. He faces up to 20 years in prison and a fine of up to $250,000. Local charges related to the Bartholomew County robberies have been dropped since the case is now under federal jurisdiction.

A trial for Lee is scheduled for June 20. He’s in custody of U.S. Marshals as he awaits the trial.

Lee was arrested in mid-February after the robbery at the Main Source Bank in Columbus. Investigators tracked him to Bloomington and arrested him with help from a SWAT team.