Serial Bank Robber Pleads Guilty In Tennessee

An Indianapolis man who was the subject of an intense manhunt utilizing billboards has pleaded guilty to bank robbery and other charges in Tennessee.

Thirty-six-year-old Chad Schaffner, whose picture was posted on electronic billboards across the South before his arrest, pleaded guilty Thursday in U.S. District Court in Greeneville, Tennessee.

The Justice Department said in a news release he has bank robbery charges pending in North Carolina, South Carolina, Kentucky, Indiana and Illinois.

Schaffner is a suspect in the July 15th robbery at the Southern Bank on Queen Street in Edenton.

The FBI had turned to electronic billboards late last summer after traditional investigations failed.

Schaffner is to be sentenced in the Tennessee case next Aug. 9. The banks involved were in Morristown and Jefferson City, both robbed on Aug. 18.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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  • by see on Dec 20, 2009 at 05:14 PM
    hey you posters where are the comments on this bank robber , he look very smart hope he spend the rest of his life in prison with the real thugs
  • by Mike Location: Edenton on Dec 18, 2009 at 04:16 AM
    This guy has a home for the rest of his life, prison. Each of these states will try and sentence him. If he serves sentences in each state consecutively he will die in prison. The sentence in NC is 20 years with a mandatory 7 years before eligible for parole. He robbed several banks in NC and should serve his sentences consecutively.

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