Torres allegedly robbed the banks of a total of approximately $120,000 before he was caught.
He's also accused of hitting a bank in Pennsylvania, where he made off with an additional $113,000.
Torres was serving as a police cadet when he robbed a Lower East Side bank of $16,500 with a threatening note on June 8, 2007, Police Commissioner Raymond Kelly told reporters on last Friday.
Investigators say that about five months later, Torres struck at the same bank using a fake handgun, this time while enrolled in the police academy. The take: $102,000.
The same day as the second holdup, he put down $18,500 cash on a new car, police said. Sometime later he bought his girlfriend a diamond engagement ring - police did not know the cost - and paid off a $2,500 college loan.
