News Release header

SHARE

Man, 61, arrested for bank Robbery series,
Faces nine charges



Broadcast time: 13:07
Monday, August 27, 2018

Hold Up
416-808-7350

Case #: 2017-2037698


Toronto Police Service Hold Up would like to make the public aware of an arrest of a man wanted on a Canada Wide Warrant for a series of five financial robberies.

It is alleged that:

- on Tuesday, November 10, 2017 at 5:15 p.m., a man entered a bank in the Queen Street East and Woodbine Avenue area

- the man waited in line and approached the teller

- the man made a verbal demand for money

- the man then proceeded to pull a black handgun out of his coat pocket and pointed it at the teller, threatening to shoot her

- the man was given a quantity of cash and quickly fled the branch


It is further alleged that:

- on Wednesday, December 13, 2017, TPS Hold Up published a news release with a video clip and images of the robbery suspect

- as a direct result of the information received from the public, the man was identified


It is further alleged that:

-on Saturday, June 17, 2018, at 9:05 a.m., a man attended a bank branch on University Boulevard in Vancouver, British Columbia

- the man was disguised as a construction worker

- the man approached a teller and pointed a handgun

- the man demanded money and fled after obtaining a quantity of cash


It is further alleged that:

- on Wednesday, July 26, 2018, at 9:34 a.m., a man approached a teller in a bank branch located near Spadina Road and St. Clair Avenue West.

- the man was disguising his identity by wearing a construction vest and hard hat, dust mask, glasses and gloves

- the man produced a handgun from the bag he was carrying, pointed it at the teller, and made a verbal demand for cash

- the man was successful in obtaining money from two tellers


It is further alleged that:

- on Saturday, August 11, 2018, at 9:39 a.m., the same man disguised himself in a construction outfit and attended another bank branch in the Spadina Road and St. Clair Avenue West area

- the man removed a firearm from a satchel he was carrying and pointed it at a bank teller

- the man then made a demand for money

- the man obtained a quantity of cash and fled


It is further alleged that:

- on Thursday, August 18, 2018, at 8:30 a.m., a man disguised in a construction worker outfit attended a bank branch on King Street North in Waterloo

- the man appeared to be making an ATM transaction when, at gunpoint, he confronted the bank employee who was opening the branch

- the man was able to flee with an amount of cash

TPS Hold Up continued its investigation into all five robberies. They contacted the Winnipeg Police Service and, on Thursday August 23, 2018, the man was arrested there on a Canada Wide Warrant for Robberies.

Michael Joseph Karas, 61, of no fixed address, has been charged with the Toronto location robberies. Investigators are following up with the other jurisdictions regarding further charges. He is currently charged with:

1) three counts of Robbery with Firearm
2) three counts of Point Firearm
3) two counts of Disguise with intent
4) Possession Proceeds of Crime

He was scheduled to appear in court at Old City Hall on Sunday, August 26, 2018, 10 a.m.


For more news, visit TPSnews.ca.



Constable Jenifferjit Sidhu, Corporate Communications, for A/Inspector Lauren Pogue, Hold Up