Public Safety

Three arrested after bank robbery in Palo

A Linn County Sheriff's Office squad car. (file photo)
A Linn County Sheriff’s Office squad car. (file photo)

The Linn County Sheriff’s Office arrested three suspects after they were alerted to a bank robbery Friday afternoon.

According to a sheriff’s office media release, an alarm sounded at 2:39 p.m. Friday afternoon at the Palo Savings Bank, 606 1st St. in Palo.

Soon after, dispatchers at the Linn County Sheriff’s Office received a call from someone at the bank reporting that two subjects wearing hoodies and black face masks had robbed the bank, leaving with an undisclosed amount of money, according to the release.

Sheriff’s deputies were able to talk to additional witnessess who said they saw the masked pair exit the bank on foot after the robbery and then depart in a gray Ford Taurus, according to the release.

No weapons were displayed during the robbery and no injuries were reported.

Six minutes after the alarm sounded, the responding Linn County Sheriff’s Deputies located a vehicle matching the description being driven by a white female driver going southbound on Covington Road, and a traffic stop was conducted soon after near Rogers Road, according to the release. While searching the vehicle, deputies found the two robbery suspects hiding in the trunk.

The female driver and the two masked inviduals were all taken into custody at 2:49 p.m., 10 minutes after the alarm sounded.

The three are now all being held in the Linn County Jail without bond and are each facing a charge of second-degree robbery, a Class C felony. They are identified as Katherine Amanda Pihl, 39, of Tiffin; Stanley Earl Mosley Jr., 36, of Iowa City; and Lance Lapae Monden, 33, of Cedar Rapids.

According to the release, they will make their court appearances Saturday morning at 9:30 AM.

One of the three had a previous history with robbing banks.

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In a Gazette account of the incident, eight years ago, Stanley Mosley was arrested when he was found under a foot bridge, 10-minutes after authorities say he robbed the Freedom Security Bank in Coralville. Mosley entered a guilty plea in that instance according to court records, and his original sentence was for 10 years in jail. Mosley was released from prison July 29, 2015, according to the Iowa Department of Corrections, and was on probationary work release until Feb. 2, 2016.

Pihl had a variety of criminal charges but no felonies, according to court records. Monden has a felony charge for a controlled substance violation on his record out of Black Hawk County, according to court records.

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