CT bank robber used cash to pay off debt

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Connecticut State Police announced Friday that they have arrested a Voluntown man in connection with the Eastern Connecticut Savings Bank robbery in Griswold earlier this week.

The agency said Ronald Arthur Speed, 55, was charged with third-degree robbery and third-degree robbery. He was taken into custody at his home on Thursday evening. He was being held on $100,000 bail and was due to appear in Norwich Superior Court on Friday morning.

It was not immediately clear from online court records whether he remained in custody or entered a plea.

State Police said E Troop troopers were called to the bank on Slater Avenue in Griswold on Tuesday afternoon after an employee called 911 and reported a robbery.


A K-9 sleuthing team was called to the scene shortly after the first soldiers arrived, but were unable to locate the male suspect in the robbery, according to Speed’s warrant.

The cashier who spoke with the thief told police the man gave him two handwritten notes after telling him he needed to make a withdrawal. One of the notes read, “I need help,” while the other read, “Don’t press the alarm. It’s not a bank robbery, it’s just a loan. I need $5,000.00, thank you,” the warrant reads.

When the cashier told the man she didn’t have that much money, he asked for whatever she could give him, according to the money order. The teller gave the man all the money in his drawer — $2,087 — before he left the bank, the warrant says.

Investigators identified Speed ​​as a suspect in the robbery after a State Police Detective who was assigned to E Troop Barracks recognized a photo of the vehicle in the robbery that was released by law enforcement. the order, according to the mandate.

State police went to speak to Speed ​​at his home on Wednesday. During an interview, Speed ​​did not “purely” admit to the theft, but feared if he did he would be arrested immediately, according to the warrant. Speed ​​told police the money went missing after he used it to pay “bills” and “from people he borrowed money from,” the warrant said.

When asked by police if he had committed the robbery, Speed ​​replied, “I’ll plead the fifth on that one, but you already know and I know,” the warrant said.

Speed ​​was also seen in surveillance footage at another location two minutes before the robbery not wearing a mask, but in the same clothes as the suspect in the bank, according to the warrant.

Police also said they found a bank pen at Speed’s home, the warrant says. Bank employees said the thief left with one of their pens, according to the warrant.

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