Ex-Broker Charged With Bank Robbery Released on Bond

News July 16, 2024 at 03:19 PM
Share & Print

What You Need To Know

  • Scott Charles Tunis admitted to robbing a Truist Bank in South Carolina with a fake bomb after his 2022 arrest, records show.
  • Tunis was registered as a broker with with RBC Capital Markets from 2014 to 2018, and Morgan Stanley and Citgroup before that, all in Pennsylvania.
  • The married father of five will stay at a halfway house and be placed on house arrest.

A former broker and financial advisor charged with robbing a bank in South Carolina using a fake bomb was released on bond recently, after about a year-and-a-half in jail.

A judge granted Scott Charles Tunis, 45, release on $200,000 bond in late May with conditions, and the former advisor posted bond and was released in June, according to Charleston County Circuit Court and sheriff's office records.

Tunis was charged in the Dec. 2, 2022, robbery of a Truist Bank in Mount Pleasant, in which he was alleged to have used a hoax explosive device and fled on a bicycle before getting into an SUV.

Tunis's family had been experiencing financial stress when he allegedly robbed the bank, taking more than $8,700, using some of the cash to pay rent, The Post and Courier reported, citing comments made in the May bond hearing.

The former advisor, who is married with five children, admitted to police that he had robbed the bank with a fake bomb and told the officers where to locate the rest of the stolen funds, according to the Post and Courier article and a court affidavit that another publication posted.

The Financial Industry Regulatory Authority's BrokerCheck database shows Tunis, a formerly registered broker and investment advisor, faced a nearly $283,760 civil judgment or lien in 2015, and in 2016 disclosed a bankruptcy, which is listed as pending.

BrokerCheck shows he was registered as a broker with RBC Capital Markets for three years from 2014 to 2018, with Morgan Stanley from 2009 to 2014, with Citigroup Global Markets from 2008 to 2009 and with Wachovia Securities for six years before that — all in Lancaster, Pennsylvania.

The bond conditions allow Tunis to stay at Oxford House, a home for people recovering from alcohol or drug abuse, and require him, if he completes residency, to be on GPS and house arrest, except for work, church and legal or medical appointments, according to court records.

A psychologist's forensic evaluation found that Tunis had been self-medicating with alcohol and wasn't thinking clearly before the robbery, The Post and Courier reported, noting also that his defense attorney said he attended Bible studies and Alcoholics Anonymous meetings in jail and wished to show there was more to him than his worst act.

Lancaster Online reported early last year that before moving to South Carolina, Tunis lived in a high-end gated community and filed for bankruptcy in 2016, stating roughly $712,000 in assets and over $1.3 million in debts; the outlet cited federal court records.

Lancaster Online, citing court records from Lancaster County, Pennsylvania, also reported that Tunis pleaded guilty in 2020 to fraudulently obtaining food stamps and entered an Accelerated Rehabilitative Disposition program.

Tunis' defense lawyer in South Carolina said in court in May that the food stamps charge arose because Tunis had forgotten to cancel the distribution to his card, The Post and Courier reported.

The defense attorney didn't immediately respond to a message that ThinkAdvisor sent through a state public defender's website seeking comment Tuesday.

Credit: Charleston County Sheriff's Office

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Related Stories

Resource Center