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Man pleads guilty in Edgerton bank robbery

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Ted Sullivan
January 14, 2011
— The Stoughton man suspected of having family and money problems when he robbed an Edgerton bank in October pleaded guilty Thursday.

Charles Aegerter Sr., 62, appeared in Rock County Court and pleaded guilty to a felony charge of armed robbery. He is scheduled for sentencing April 15.


According to Aegerter's wife and the criminal complaint:


Aegerter’s son, Sam Aegerter, 30, of Janesville was fatally shot June 4 after a dispute at Five Points intersection.


Charles Aegerter Sr. earlier had lost his job at General Motors after 42 years, and he was fighting to keep his home of 10 years out of foreclosure.


He had no criminal record before the robbery.


Aegerter is accused of robbing the Bank of Edgerton on Oct. 1, using a threatening note and a fake bomb. He gambled away the money from the robbery at area casinos over the next couple days.


He later hired an attorney and turned himself in because he kept thinking about the teller's face and how he had scared her.


He told investigators his real plan was to be killed by a police officer. He thought his life insurance would take care of his family and mortgage.


A prosecutor said in a previous court hearing that the robbery was well planned. She said Aegerter went to great lengths to conceal his identity.


Officials closed streets and evacuated nearby businesses in downtown Edgerton after the robbery. The Dane County Bomb Squad used a robot to destroy the phony explosive.


If convicted, Aegerter faces a maximum 40 years in prison and a $100,000 fine. He remains in the Rock County Jail after his bond was revoked.



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