What happens when a 73 year old man in Florida on a pension gets fired up about the mortgage and is allowed to do whatever he wants? He goes on a quick robbing spree to make his mark. 

That’s what happened when the man took his penchant for thievery to three separate banks, the whole time reassuring himself of his intention to pay the banks back every penny. When an elderly man goes on a robbing spree, there’s no telling what’s next. Passing a note to the cashier upon entering the banks, he mildly requested six 100 dollar bills to help him pay his mortgage.

This elderly man is a prime example of how sad things have truly gotten. It was as if he walked into the bank in order to be incarcerated. Surely at risk of losing his home in the mortgage crisis, maybe he wanted a vacation from it all. A small time getaway to San Quentin to reflect on how life has been going and get a little shut eye. It’s robberies like this that make you realize that some people just don’t care anymore, and will go to extreme lengths to take care of their financial duties.

He was able to hold up a total of three banks within about a month, said Tampa Police.

Back in late 2009, there was a very similar story of an elderly man in Southern California who also decided to rob a bank to help pay his mortgage. But on his note he threatened he had a bomb, and ended up walking out with a little over one hundred thousand dollars before he was caught by police close by.

Who knows, we may start this type of event start happening with your average homeowner who has been affected by the recession. One things for sure, this country has been turned upside down and over the past couple years has fallen deeper into depression. With your national unemployment rate remaining a steady 10%, who knows what is going to happen next?

Moe Bedard
My name is Maurice "Moe" Bedard. I am the founder of America's #1 Mortgage Forum, LoanSafe.org. My online work has been featured in the New York Times, LA Times, Fox Business, and many other media publications.