OXFORD, Miss. — A Tupelo man has been sentenced to 70 months in prison for the 2011 armed robbery of Merchants & Farmers Bank.
Twenty-six-year-old Matthew Hyde Maynard was indicted Nov. 15, 2011, on three counts associated with the bank robbery.
He faced up to 42 years in prison and $750,000 in fines if convicted on all counts.
The Northeast Mississippi Daily Journal reports Maynard pleaded guilty to two counts on March 15, and the government agreed not to prosecute a more serious part of count two, brandishing a firearm in a federal crime of violence, and to drop the third count at sentencing.
U.S. District Judge Michael P. Mills sentenced Maynard last week.