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Charges filed in Roseville bank robbery
Jake Charles Cogswell accused of taking $434,000 before quick arrest
A 30-year-old Crystal man has been charged with one count of armed bank robbery and one count of brandishing a firearm after an Oct. 29 bank robbery in Roseville.
On Nov. 19, a federal grand jury returned the indictments against Jake Charles Cogswell for the holdup at North American Bank Company, located at 2230 Albert St. The Roseville Police Department and FBI investigated the case, and it is being prosecuted by Nathan Petterson, an assistant U.S. attorney.
According to the criminal complaint, a man with a green ski-mask, black jacket, black gloves, jeans and work boots walked into the bank at 11:10 a.m. Oct. 29 carrying a pistol and a green duffle bag.
The complaint states the robber immediately pointed the gun at a bank teller and said to take him "to the back." The robber walked that teller and three other bank employees to the bank's vault at gunpoint, and told another employee in the vault to remain there. He then ordered the teller to place money from the vault into his duffle bag and eventually said: "That's enough, I don't want to clean you out." He then told another employee to zip the bag closed before exiting the bank.
According to the complaint, another bank employee called 911 while the robbery was occurring, and Roseville police were dispatched to the scene. When they arrived, officers found Cogswell standing by a black Dodge Neon and ordered him to put his hands up before arresting him. Cogswell was wearing body armor when he was arrested.
Following the robbery, an audit determined the bank sustained a $434,000 loss.
After being read his Miranda rights, Cogswell agreed to speak to investigators without an attorney present and confessed to robbing the bank, according to the complaint. He told investigators that the mask, jacket, gloves, pistol and duffle bag were in the trunk of his Dodge Neon.
Minnesota court records show no criminal history for Cogswell. The bank robbery charge carries a maximum sentence of 25 years in prison, and Cogswell also faces a mandatory consecutive seven-year prison sentence for the count of brandishing a firearm.
Alex Holmquist can be reached at firstname.lastname@example.org or 651-748-7813. Follow her on Twitter @AlexHolmquist.