Loan Ranger Bandit arrested during traffic stop
POSTED: Wednesday, July 2, 2014 - 2:42pm
UPDATED: Thursday, July 3, 2014 - 8:54pm
Tyler, Texas (KETK) — The infamous alleged criminal known as the "Loan Ranger Bandit" has been arrested by Arkansas State Troopers.
The suspect now identified as Richard Swicegood, 37, of Waxahachie, was arrested during a traffic stop Tuesday while driving a Ford Mustang with Texas license plates after he had reportedly just robbed the Summit Bank in Benton, Arkansas. He is also connected to two other robberies from 2009 and 2011 at that same bank.
Swicegood has been charged with 11 counts of aggravated robbery, three counts of theft of property and one count of unauthorized use of another person’s property to facilitate a crime.
F.B.I. officials have confirmed that Swicegood is responsible for numerous bank robberies in multiple states that include two in Tyler.
Swicegood is also connected to other robberies across the state including the following:
Lampasas, Texas - November 2013
Wichita Falls, Texas - July 2011
Troup, Texas - August 2011
Temple, Texas - October 2011
Round Rock, Texas - January 2012
Salado, Texas - July 2012
College Station, Texas - August 2012
- Madison, Mississippi - October 2012
This is an on-going investigation and other charges could be forthcoming in the future.