MADISON (WAOW) - The Friendship man accused of robbing an Adams County bank at gunpoint told a friend that he needed money to pay off a substantial drug debt to a Mexican cartel, according to federal court records.
During a court appearance Friday, Randy Glenn Paulson, 58, pleaded not guilty to bank robbery in U.S. District Court, according to online court records.
Paulson was charged with bank robbery in the July 3 theft of about $21,400 from Grand Marsh State Bank in Grand Marsh, the complaint said.
A one-time neighbor and friend of Paulson contacted authorities that day reporting that Paulson robbed the bank because he owed a Mexican cartel for the loss of 150 pounds of marijuana and his family had been threatened, the complaint said.
Paulson came into the bank through a back door, hollered "this is a robbery," had cash stuffed into a duffle bag and at one point pointed his weapon at an elderly woman's head, the complaint said. The robber demanded car keys from the woman and when she did not respond, a teller offered the keys to her car, which the robber took and fled.
The maximum punishment for the federal bank robbery charge is 20 years in prison and a $250,000 fine, the prosecutors said.
Paulson's next court appearance is Sept. 26 for a motions hearing.