Failed CU Heist Leads to $400,000 Bank Robbery

TEMPE, Ariz. – A brazen trio robbed the Wells Fargo branch here of $400,000 Friday morning after holding the branch manager and his wife hostage at their nearby home the night before. The huge robbery, one of the largest ever in Arizona, occurred after the trio held a manager of a Desert Schools FCU in Chandler hostage Wednesday night, but released them after realizing they weren’t going to be able to rob the credit union. Officials with the FBI said the assailants appear to have been planning the robberies for some time and are armed and dangerous. A $50,000 reward is being offered for information leading to the arrest of the suspects.

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