A Walterboro man has been charged in a four-count federal indictment with bank robbery, according to a news release from the U.S. Attorney's Office in South Carolina.

Sean Saxby, 39, is charged with robbing the First Citizens Bank in St. George on June 25, the Wachovia Bank on Sam Rittenberg Boulevard on June 26 and the Carolina First Bank on Orleans Road on June 29. He also is charged with attempting to rob the Bank of America on Sam Rittenberg on June 26.

Saxby was arrested June 29 after Charleston County sheriff's deputies pulled him over and found bundles of money in his pockets and red dye on him from an exploded dye pack. He later told a magistrate that he quit his job so he would have time to rob banks.

U.S. Attorney Bill Nettles said the maximum penalty Saxby could receive for each offense is a fine of $250,000, imprisonment of 20 years, or both.

The case was investigated by agents of the Charleston County Sheriff's Office, the Charleston and St. George police departments and the FBI. It has been assigned Assistant U.S. Attorney Alston Badger of the Charleston office for prosecution.