UPDATE#2: Portland Police Investigating a Bank Robbery in Southeast Portland - Suspect Detained

August 19, 2013 15:55


The suspect arrested after this morning's bank robbery has been identified as 44-year-old Frazer Scott Piccolo.

Detectives learned that Piccolo entered the Bank of the West and used a demand notE to obtain an undisclosed amount of money. Piccolo then fled the bank and got into a taxi to leave the area. While seated in the backseat of the cab, a dye pack contained in the money exploded and got red paint all over the suspect's hands.

Piccolo then got out of the cab and started running away in the 7900 block of Southeast Grant Street.

Nearby construction workers noticed Piccolo running from a cab with red paint on his hands and assumed that he'd just done a bank robbery. The construction workers confronted him and Piccolo took a swing at one of them. Piccolo missed and the construction worker punched him and knocked him to the ground where they held him for police.

Piccolo was booked into the Multnomah County Jail on a Federal Hold with formal Federal Bank Robbery charges pending.



The Bank of the West is located at 8135 Southeast Division Street.



This morning, Monday August 19, 2013, at 10:46 a.m., East Precinct officers responded to the Bank of the West on the report of a bank robbery.

As officers were en route to the bank, they received additional information that the suspect was being held down by construction workers a few blocks away from the bank.

Officers arrived and took the suspect into custody.

Robbery detectives are responding to the bank to continue the investigation.

Additional details will be released when they become available.


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Media Relations:
Sgt. Pete Simpson
Desk: 503-823-0830
Pager: 503-790-1779

Portland Police Bureau
1111 SW 2nd Ave, Suite 1526
Portland, Oregon 97204