According to Lake County Prosecutor Craig Cooper, Timothy Fullerton of Luther and James Phipps of Frasier were accused on Tuesday in relation to a bank heist that occurred there last month. According to Copper, both are accused of robbing a bank and fabricating a terrorist threat.
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The bond was set at a cash surety of $75,000. Last week, Fullerton and Phipps were arrested. Deputies believe the two robbed the Lake-Osceola State Bank in Luther on September 2nd while making bomb threats at a nearby school. The two then sprinted off. Schools in the area were evacuated, and banks were closed down.
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