The bandit is linked to a string of bank robberies in northern New Jersey.
UPDATE: 'Count Down Bandit' identified as Hackensack man
Police have arrested the "Count Down Bandit," a law enforcement source told NJ Advance Media Thursday.
The bandit robbed seven banks in northern New Jersey between July and March, the FBI in Newark said.
The agency in March offered a $5,000 reward for information leading to his arrest or conviction. The bandit's modus operandi in each robbery was to approach a bank teller, demand money and begin counting down from 10 or 15 until he received the cash.
The same person was linked to bank robberies in Wayne, Oradell, Lyndhurst, Glen Rock, New Milford, River Edge and Maywood, the FBI said.
In Wayne, the robber approached a teller at M&T Bank and said, "This is a robbery," Wayne Police Capt. Laurence W. Martin said. He threatened to hurt employees if they didn't meet his demands.
The man made off with between $5,000 and $10,000, police said.
Myles Ma may be reached at mma@njadvancemedia.com. Follow him on Twitter @MylesMaNJ. Find NJ.com on Facebook.