Rahway Man Pleads Guilty To A Dozen Bank Robberies

CAMDEN – A Rahway man admitted robbing a dozen banks throughout central New Jersey last summer during a court proceeding last week.

Robert Arndt, 39, pleaded guilty to three counts of bank robbery in U.S. District Court in Camden on July 8. Each count carries a maximum 20-year sentence, authorities said. He is scheduled for sentencing in October.

Arndt told the judge that, starting on July 8, 2008 at Sovereign Bank in Linden, he robbed a bank almost every week. In each case, he approached the teller claiming to have a gun.

Arndt mostly targeted banks in Middlesex County, but he went as far south as Red Bank and as far north as Caldwell, according to the U.S. Attorney’s Office. He obtained more than $82,000 during the robberies before being arrested on Sept. 16, 2008 during an attempt to rob Unity Bank in Middlesex, officials said.

While Sovereign appeared to be Arndt’s favorite target, he also robbed Lakeland, Columbia Savings, PNC, Wachovia, Provident, Unity and Valley National branches. He obtained between $2,145 and $14,332 per robbery.

Arndt was being followed as a suspect in the robberies when he drove to Unity Bank in Middlesex last September. At the time of his arrest, he was carrying a note that said: “I have a gun! I won’t hesitate to use it! Place $100, $50, $20 $10 on counter. I better be happy with amounts or I will make an example of U! No game! Now!” according to the FBI.

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