Man Robs Bank to Pay the Mortgage

September 21, 2009 No Comments »

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A 69-year old man has been accused of walking into a Bank of America in the City Heights area of San Diego demanding money in order to pay off his mortgage, according to NBC San Diego.

The incident occurred at the 4100 block of El Cajon Boulevard in City Heights, where the man apparently handed the bank teller a note saying he had a bomb.

He made off with $107,000 before being caught shortly after lying on a front porch near the bank.

His original plan was to hail a taxi, drive himself and the bank manager to the airport, drop off the manager, and then take another taxi home.

But his plan assumed the bank manager didn’t have “the balls to call the police;” he was wrong.

The Santee, CA resident, Michael Casey Wilson, said a 17-percent mortgage rate, a terminal health condition, and the threat of homelessness were enough to push him over the edge.

He has pleaded not guilty to three counts of robbery and one count of falsely reporting a bomb to a business.

Sadly, his bail was set at $50,000, the same amount he supposedly needed to pay off his mortgage; Wilson faces more than seven years in prison if convicted for the crimes.

About a year ago, an armored truck driver simulated a robbery to make off with a large sum of money allegedly to pay off his mortgage.

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