, Newburyport, MA

October 31, 2012

Suspect indicted in robbery of Seabrook bank

By Dave Rogers Staff Writer
Newburyport Daily News

---- — SEABROOK —The federal trial of a local man accused of robbing the Sovereign Bank branch on Route 1 in July is set to begin in mid-December following his indictment by a federal grand jury earlier this month.

Jacob Reed, 32, of 21 Folly Mill Terrace, is accused of making off with an unknown amount of cash after handing a teller a note demanding money. He was arrested just 13 minutes after the alleged theft following a brief car chase that ended at the Amesbury-Salisbury line on Congress Street near Bartlett Farm. Making the arrest were members of the Salisbury and Amesbury police departments with assistance from New Hampshire police.

Reed was indicted Oct. 3. A clerk at the U.S. District Court in Concord, N.H., said Reed’s trial is scheduled for the week of Dec. 11.

Reached yesterday, Seabrook police Lt. Michael Gallagher said he couldn’t comment on the amount of money Reed allegedly stole, explaining the case was under federal jurisdiction. But Gallagher added Reed’s indictment showed how seriously federal law enforcement took bank robberies.

“People should think before that kind of decision because he really didn’t get a lot of money,” Gallagher said.

The Sovereign Bank in Seabrook has been a popular target for would-be thieves. Three robberies have been reported there since the beginning of the year.

In January, Benjamin Hammond of Gloucester, already in jail for allegedly robbing a bank in Peabody, was charged with also robbing the Seabrook bank earlier that month. In that robbery, Hammond allegedly handed a teller a note and made off with between $1,000 and $2,000.

The same method was used two months earlier when Wayne Winsboro of Hampton, N.H., formerly of Tennessee, was arrested hours after allegedly robbing the Sovereign in Seabrook.