A 21-year-old Fairfield man was indicted Wednesday by a federal grand jury in New Haven for possessing 32 hollow-point bullets stolen last month from a local home.

The indictment charges Arthur Preston, who has a criminal record that includes robbery, assault and burglary convictions, with one count each of possession of stolen ammunition and possession of ammunition by a felon, according to federal prosecutors.

Federal law prohibits anyone convicted of a crime with a prison sentence of more than a year of legally possessing a firearm or ammunition again in the future.

Preston is expected to plead not guilty to the two charges, each of which carries a maximum 10-year prison term and $250 fine when he is arraigned next week.

The case is being prosecuted by Assistant U.S. Attorney Deirdre M. Daly, a Fairfield native who previously worked as a federal prosecutor in Manhattan.

Preston was one of three people arrested by Fairfield police in February 2010 for assaulting and robbing a suspected marijuana dealer of his drugs and $800.