Red wig bank robbery suspect arrested in Glen Rock, New Jersey heist

GREENWICH, Conn. -- A White Plains woman has been arrested in connection with the robbery of a bank in New Jersey last month.

Michelle Cantatore, 51, is charged with one count of bank robbery.

On February 18, the Glen Rock Savings Bank was robbed by someone wearing a bright red wig, sunglasses, a black coat, white boots and carrying a handbag. The robber brandished what appeared to be a long-barreled handgun and demanded money, threatening to shoot and kill the bank employees.

Prosecutors say that when the robber was not satisfied with the money she received from the bank drawer, she directed the bank employees to enter the vault and give her more.

The robber then fled the scene with more than $100,000 in cash.

About a block away from the bank, in the direction the robber fled, law enforcement recovered a paintball gun matching the description of the handgun used in the robbery wedged next to a pole.

FBI agents arrested Cantatore at the Borgata Hotel and Casino in Atlantic City, New Jersey, on March 5.

The charge of bank robbery carries a maximum penalty of 20 years in prison and a $250,000 fine.