A 41-year-old man was arrested Thursday evening for a bank robbery in South Portland. Police recovered $30,000 in stolen money.

Man Arrested for Bank Robbery

The South Portland Police Department said Jason Arsenault robbed the Key Bank at 445 Gorham Road on January 26. He showed a note to the teller that said he had an explosive device and demanded money.

South Portland Police
South Portland Police
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No Weapons or Device Displayed

No injuries were reported and Arsenault did not display any weapons or device, according to WGME News.

Stolen Vehicle Found

Aresenault fled with the cash in a Black Chevrolet. The stolen vehicle used for the robbery was recovered soon after by officers on John Roberts Road.

South Portland Police
South Portland Police
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Suspect Arrested in Parked Vehicle

Police arrested Arsenault without incident at 10 pm Thursday. He was located in a parked vehicle on Mabel Street in Portland.

Police Recover $30,000 in Stolen Money

The South Portland Police said “during an interview, Arsenault led investigators to the location of nearly all of the $30,000 that was stolen during the robbery.”

South Portland Police
South Portland Police
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Multiple Charges

Arsenault is facing charges for Robbery, Theft, Terrorizing and Unauthorized Use of Property. He was taken to the Cumberland County Jail with bail set at $25,000.

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