Man accused of 3 bank robberies in Chandler area - FOX13 News, WHBQ FOX 13

Man accused of 3 bank robberies in Chandler area

Posted: Updated:
Michael Schraeder Michael Schraeder

CHANDLER, Ariz. (AP) - Authorities say a man suspected of robbing three banks in the Chandler area since last month is in custody.

Chandler police say 25-year-old Michael Schraeder has been booked into the Maricopa County Jail on suspicion of robbery and armed robbery.

He's being held on a $45,000 bond awaiting a court appearance Wednesday.

Police say a U.S. Bank branch in Chandler was robbed Dec. 29 by a man who passed a note to a teller.

Six days later, another U.S. Bank branch in Chandler by a man using the same method.

A similar robbery occurred Jan. 7 at a Wells Fargo Bank branch in Sun Lakes.

Police investigators say they developed probable cause against Schraeder in all three robberies.

Authorities didn't immediately know Monday whether Schraeder has legal representation yet.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow

WHBQ-TV | Fox 13
485 S. Highland St.
Memphis, TN 38111

Main Station: (901) 320-1313
Newsroom: (901) 320-1340

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices