MUNCIE, Ind. – Jurors didn’t buy the defense of a second suspect in the 2009 hold-up at Industrial Centre FCU, who told them he was a drug dealer but not a bank robber, and convicted the 33-year-old man yesterday for charges related to the $250,000 credit union robbery.

Stanley Wills insisted $15,000 of stolen credit union loot police found in his apartment was paid to him in exchange for cocaine by John Repass, his alleged accomplice who already pleaded guilty in the case. Repass told the jury earlier this week that Wills was the other of two heavily armed masked men who burst into the credit union in May 2007 and held the employees hostage before escaping with $250,355. A third suspect, believed to be Wills girlfriend, drove the getaway car.

Wills said the credit union cash police found in an apartment he shared with his girlfriend came into his possession when he sold cocaine to Repass in the hours after the credit union heist. He told the jury he routinely hid his profits from his drug transactions under a bed, along with “all my drugs, cocaine, weed and scales.”

Wills said while dealing drugs, he made as much as $12,000 a week, although he said much of that money was reinvested in his “business.”

A Muncie police officer testified yesterday that money wrappers with the Federal Reserve label on them believed to have held a total of $218,050 in cash were found in Wills’ home.

 

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