Police arrest bank robbery suspect

By Brandon Richards - bio | email

LAKE CHARLES, La (KPLC-TV) – Lake Charles Police arrested a man they say robbed the Chase Bank on Highway 171 on Wednesday.

Police arrested Paul Stanley Osteen, 42, of Lake Charles.

Police say an individual came forward after seeing the news on Thursday. The individual recognized their vehicle in a photo taken by the bank's surveillance camera. The person contacted police and told them they had taken Osteen to the bank that morning, but did not know he robbed it.

Police found Osteen at a motel on Prien Lake Road Wednesday evening.

They took him into custody and recovered a substantial amount of cash and drugs.

He's been charged with first-degree robbery.

"This defendant is charged with first-degree robbery because he committed the robbery using forced coercion and intimidation," said Calcasieu District Attorney John DeRosier. "He indicated to bank personnel that he was in possession of a firearm when he demanded money from the bank."

According to DeRosier, a conviction of first-degree robbery carries with it a penalty of up to 40 years in prison, without the possibility of parole, probation or suspension of sentence.

Osteen is in jail on a $150,000 bond.

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