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Cedar Grove Bank Robber Foiled
A brazen attempt to rob a Cedar Grove bank was thwarted by law enforcement this morning. Frank Meletti, 53, of Hoboken, was arrested after allegedly trying to rob the Investors Bank.
According to the complaint, Meletti was previously convicted of bank robbery in June 2009 in the District of New Jersey. He was sentenced to 120 months in prison and five years of supervised release.
Meletti’s latest attempt was foiled when he was seen approaching the front entrance of the Investors Bank at approximately 10 a.m. He was arrested after trying to open the exterior door and attempting to look through the windows.
During the ride to Cedar Grove, Meletti drafted numerous versions of a demand note that he would use for the robbery. The final version, recovered from his person, read, “Place money in bag. No dye. No cops. No alarms.”
The attempted bank robbery charge carries a maximum potential penalty of 20 years in prison and a $250,000 fine, or twice the gross gain or loss from the offense.
U.S. Attorney Craig Carpenito credited special agents of the FBI and the Bureau of Alcohol, Tobacco, Firearms and Explosives with the investigation leading to today’s arrest. He also thanked the Verona and Cedar Grove Police Departments for their assistance.
Meletti will appear in Newark federal court at a later date. The government is represented by Assistant U.S. Attorney Matt Feldman of the U.S. Attorney’s Office Public Protection Unit in Newark.
The charge and allegations in the complaint are merely accusations, and the defendant is presumed innocent unless and until proven guilty.
Key Facts
- State: New Jersey
- Category: Violent Crime|Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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