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Two Recent Bank Robbery Arrests

Monday, October 16, 2017

On October 6th, Malden PD officers responded to 876 Main St. for a reported bank robbery in progress.  Upon arrival, officers were able to obtain a suspect description and witness statements that reported seeing a man fitting that same description leaving in a car on an adjacent side street.  A Melrose PD detail officer saw a car matching the description and relayed that information over the radio after obtaining a license plate number.  A Malden officer then observed the vehicle on Route 1 and was able to stop the car safely on the Malden/Revere line.  A subsequent investigation with detectives led to the recovery of several thousand dollars, clothing, and other forensic evidence prompting the arrest of Jeffrey Monico, age 38, of Revere.

On October 16th, Malden PD officers responded to another bank robbery at 90 Highland Av.  Upon arrival, officers interviewed witnesses and a suspect description was given to searching units.  A female matching the description wsa located and a subsequent identification made.  The money in question and note passed were recovered from Stephanie Cataldo, age 30, who was arrested for the robbery.

Both suspects were arraigned at Malden District Court for the separate robberies.