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July 26, 2022 – LOS ANGELES – A person who served greater than twenty years in state jail for a sequence of armed financial institution robberies in the Nineteen Nineties was sentenced this morning to 235 months in 
federal jail for committing one other 10 financial institution robberies throughout Southern California – a string that began solely 4 months after he was launched from custody for his prior theft spree.
Todd Eugene Cannady, 61, who was dwelling in Palm Springs on the time of his arrest final 12 months, was sentenced by United States District Judge Stanley Blumenfeld Jr.
During as we speak’s listening to, Judge Blumenfeld stated it’s “hard to imagine crimes that are more serious. The court has seen them, but this ranks in the higher order of seriousness.”
Cannady pleaded responsible in October 2021 to one depend of armed financial institution theft and one depend of utilizing a firearm throughout against the law of violence. These offenses relate to the July 1, 2021, theft of a Chase Bank department in Riverside in which Cannady used a 9mm “ghost gun” to threaten staff and drive them to open teller drawers. Cannady was arrested quickly after this incident by deputies with the Riverside County Sheriff’s Department, however not earlier than he fled in a rented automotive, hit a number of automobiles throughout a high-speed chase, and crashed on Interstate 215.
When he pleaded responsible, Cannady admitted committing one other 9 financial institution robberies between July 2018 and March 2021 in Manhattan Beach, Century City, Rancho Mirage, Torrance, Banning and Carson. Cannady netted $757,763 through the 10 robberies.
Cannady twice robbed the identical Wells Fargo Bank department in Rancho Mirage – as soon as in June 2019 and once more in January 2020.
“Todd Eugene Cannady is a serial armed bank robber,” prosecutors wrote in a sentencing memorandum filed with the court docket. “From 1982 to 2021, [Cannady] committed armed robberies of individuals or banks whenever he was not incarcerated. He did so at great economic expense to individuals and institutions and great emotional expense to the tens of victims he traumatized in each robbery and at each bank. In spite of this trauma, [Cannady] seemingly took great joy in his crimes, yelling…‘John Dillinger lives!’ during a 2019 armed bank robbery.”
The FBI and the Riverside County Sheriff’s Department investigated this matter.
Assistant United States Attorney Kevin J. Butler of the Violent and Organized Crime Section prosecuted this case.
Source: DOJ Release