CBA Offers $50K Reward for Help in Arrest of Violent Bank Robbers

This article was last updated on April 16, 2022

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The Canadian Bankers Association has offered an impressive reward of $50,000 for anyone who provides potentially important information that leads to the seizure and conviction of a group of suspects sought for numerous violent daytime robberies at more than a few GTA bank branches.

It was mentioned in a press statement released by Toronto police on Thursday, that same group of suspects are sought after for as much as five robberies in Toronto, two in Peel Region and one in York Region since June 1. It was disclosed that suspects usually target banks that are located close to highways, chose to attack in the middle of the day during peak business hours. So far, the group has been able to attack branches of National Bank, Royal Bank and Scotiabank. Staff Insp., Mike Earl, reported that suspects have been noticeably violent in each act of robbery, as often tellers were choked, slapped, had their hair pulled and pistol whipped.

A still image of security footages from incidents depicts two men almost in their twenties involved in all robberies, while a third person can be noticed away from the camera’s range acting as a getaway driver. Police claims that the suspects wear hoodies and bandanas over their faces, while adding that investigators haven’t ruled out the possibility of more people being involved with the group. Director of security for the Canadian Bankers Association, Bill Crate, “we’re not concerned about the money lost but we are concerned about the people affected.”