Notorious 'Loan Ranger Bandit' has been arrested in Arkansas - KLTV.com - Tyler, Longview, Jacksonville |ETX News

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Notorious 'Loan Ranger Bandit' has been arrested in Arkansas

Richard Swicegood (Source: Benton Police Dept.) Richard Swicegood (Source: Benton Police Dept.)
Tyler Compass bank surveillance of the Loan Ranger Bandit. (Source: KLTV News staff) Tyler Compass bank surveillance of the Loan Ranger Bandit. (Source: KLTV News staff)
Richard Swicegood (Source: Benton Police Dept.) Richard Swicegood (Source: Benton Police Dept.)
Loan Ranger Bandit at Tyler Compass Bank (Source: KLTV News staff) Loan Ranger Bandit at Tyler Compass Bank (Source: KLTV News staff)
Loan Ranger Bandit on Altra Federal Credit Union surveillance in Tyler in 2011. (Source: Tyler police) Loan Ranger Bandit on Altra Federal Credit Union surveillance in Tyler in 2011. (Source: Tyler police)
(KLTV) -

The man accused of being the Loan Ranger Bandit has been arrested by Arkansas State Troopers, and is facing multiple charges.

He was arrested on July 1, after he had just robbed the Summit Bank in Benton, Arkansas, Tyler police say. The so-called bandit has been identified as Richard Swicegood, 37 years of age, from Waxahachie, Texas. FBI officials have confirmed the "Loan Ranger Bandit" is responsible for numerous bank robberies in multiple states that include two in Tyler.

Police say that Swicegood was arrested in a traffic stop near Forrest City, Arkansas. Detectives there found that he was driving a red Ford Mustang with Texas license plates, and shared that information with other agencies in Arkansas to get statewide help locating the vehicle.

Swicegood was transported to the Benton, Arkansas, police department for questioning. Officers were able to link him to the robbery in Arkansas on July 1, as well as robberies that took place in that same bank in 2009 and 2011. He is now charged with 11 counts of Aggravated Robbery, three counts of Theft of Property, and one count of Unauthorized Use of Another Person's Property to Facilitate a Crime.

In addition to Benton and Tyler, Swicegood is believed to have committed robberies in Louisville, Kentucky, Madison, Mississippi, as well as Texas cities Wichita Falls, Temple, Round Rock, Salado, and College Station.

Copyright 2014 KLTV. All rights reserved.


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