Teacher robbed of $1.2M after bank visit

A teacher was yesterday morning robbed of $1.2 million in cash in front of her Alberttown, Georgetown home.

The attack on Kathryn Persico-Newton, 50, of Third Street, Alberttown, which was carried out by two bandits who were on a motorcycle, occurred a short while after she left Citizens Bank on Camp Street.

Police yesterday told Stabroek News that the robbery was committed sometime around 10.50 am.

This newspaper was told that after making a withdrawal from the bank, Persico-Newton went home. However, as she exited the taxi that had transported her to and from the bank, she was approached by the two perpetrators.

As they approached the woman, the police said, the pillion rider disembarked the motorcycle with a gun in his hand and pointed it at her. He then instructed Persico-Newton to hand over her bag. The woman complied. In addition to the cash she had withdrawn, her bag also contained an additional $50,000 and other personal belongings.

The gunman, police added, then rejoined the rider, who remained on the motorcycle during the hold up and they escaped, heading east on Third Street.

Up to last evening, investigators were seeking to review surveillance footage from the area in hopes of identifying the robbers.

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