Man accused of extorting Chapel Hill bank
Posted August 29, 2011
Chapel Hill, N.C. — A Chapel Hill man has been arrested after police say he allegedly threatened to kill four University of North Carolina students if a local bank didn't give him $300,000.
Reid Kelley, 22, was charged Saturday with one count of extortion.
Court documents say Kelley told a BB&T Bank branch on Elliott Road in Chapel Hill that he would kill the students if he didn't get the money by 10:30 p.m. Friday.
Kelley is also charged with one count of possessing a weapon of mass destruction. Court documents indicate that, at the time of his arrest, he was in possession of an AR-15 assault rifle.
He was in the Orange County jail Monday evening under a $200,000 bond.