A man who federal authorities say robbed three Douglas County banks faces decades behind bars.

Eric Dodd, 38, of unincorporated Adams County, was indicted by a grand jury May 19 for 11 robberies across the Denver metro area. Dodd, who was known to police as the “Portfolio Bandit,” was arrested without incident by the FBI’s Rocky Mountain Safe Streets Task Force on May 13. He faces up to 20 years in prison and $250,000 in fines, plus restitution, for each felony count. He is scheduled to appear in federal court May 27 for an arraignment hearing.

The U.S. District Attorney’s Office said authorities arrested Dodd at his apartment after receiving two tips that were generated by people who had seen media reports on the robberies.

“Key factors in this case were citizens of our community who saw photographs of Dodd in the news media and called the FBI and Crime Stoppers with information,” said James H. Davis, FBI special agent in charge. “The cooperation of citizens and law enforcement is truly the most effective tool in keeping our communities safe from violent crime.”

The indictment says Dodd used force, violence and intimidation to steal money from U.S. Bank branches in Highlands Ranch and Lone Tree, and Bank of the West in Parker, over the last nine months. He also was charged with robbing three banks in Littleton and one in Englewood.

He is accused of robbing the U.S. Bank at Quebec Street and Park Meadows Drive on Dec. 18, 2009. Police said no one except the teller knew that the robbery was happening until after he fled.

Police say he also entered the U.S. Bank at 9303 South Broadway on Dec. 30, 2009, wearing dark sunglasses, a black jacket and a black hat. He demanded money from a teller with a note and quickly fled the bank on foot with an undisclosed amount of cash. He allegedly was carrying a portfolio to transport the money, as he had done in other robberies, leading police to nickname him the “Portfolio Bandit.” Kathy Wright, spokeswoman for the FBI, said he was considered armed and dangerous, even though he had not brandished a weapon.