Duane Loyd,44, and his son, Brandon Loyd, 19, both of Buffalo, were indicted by a federal grand jury Tuesday for allegedly robbing the Key Bank branch at 4248 Delaware Ave. in the Town of Tonawanda late on the morning of Dec. 7.
They are charged with bank robbery and brandishing a firearm during a bank robbery. U.S. Attorney William J. Hochul Jr. said both face prison terms of seven years to life for the use of a firearm and fines of up to $250,000 each. Duane Loyd also faces an additional prison term of up to 10 years and another fine of up to $250,000 as a prior felon in possession a firearm, Hochul said.
The younger Loyd allegedly walked into the bank about 11:40 a.m. Dec. 7 wearing a painter’s respirator mask over his face and displaying a firearm. He allegedly fled with money and was driven away by his father. After a brief police chase, the alleged getaway car crashed with a City of Tonawanda police cruiser and the two suspects were captured following a brief foot chase.