Local News

CNN: Serial bank robber arrested

Posted September 13, 2009 1:26 p.m. EDT

— An alleged bank robber wanted in at least 10 heists from Kentucky to the Carolinas to Tennessee was arrested Saturday in Missouri, according to CNN.com.

The FBI identified Chad E. Schaffner, 36, of Indianapolis, as the suspect after bank surveillance photos from holdups dating to May were flashed on electronic billboards across the South.

Schaffner was arrested Saturday afternoon in Kingdom City, Mo., after a tip, Missouri State Patrol radio operator Paula Price told CNN.com.

Schaffner has traveled over 600 miles since his first holdup in Louisville, Ky., in May, down to South Carolina, then into North Carolina. He is accused of robberies last month in Jefferson City and Morristown, Tenn. and in Bloomington, Ind.

Schaffner was released from the Indiana Department of Corrections last December after serving time for armed robbery, according to a criminal complaint filed in federal court in Tennessee to support an arrest warrant.

The N.C. Bankers Association was offering a reward up to a $5,000 for information that led to the arrest and indictment of Schaffner.