Tupelo man to serve time for bank robbery

By NEMS Daily Journal

OXFORD – Matthew Hyde Maynard of Tupelo was sentenced to 70 months in prison for the 2011 armed robbery of Merchants & Farmers Bank on North Gloster.
Maynard, 26, 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.
He 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.
Last week, Chief District Judge Michael P. Mills sentenced him to 10 months on Count One and 50 months on Count Two to be served consecutively, and at the same time as a prior state sentence.