Gresham man pleads guilty to bank crime he solved for police in three minutes

Raymond Knudson mugshot.jpgView full sizeRaymond Carl Knudson

A Gresham man pleaded guilty on Monday to bank burglary in an incident that went from crime to confession in three minutes.

Raymond Carl Knudson, 50, faces a potential 20-year stretch in prison when he goes before U.S. District Judge Michael W. Mosman for sentencing on Sept. 10.

According to a criminal complaint affidavit, Knudson entered a Gresham branch of Bank of America on April 6 and presented a note to a teller that read, "Give me all the money no marked bills no die pack." Then he drove to the Gresham Police Department carrying the loot -- $425 -- to confess.

When asked why he held up the bank, Knudson told an investigator that he had watched "Inside Job," the Academy Award-winning documentary that explores causes of the 2008 global financial meltdown.

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