Schenectady County jail inmate charged in another bank heist

April 18, 2013
Updated 10:57 p.m.
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Robert L. Costello
Robert L. Costello

— The third time wasn’t the charm for Robert L. Costello, police say.

The 31-year-old transient, a former Watervliet resident, is alleged to be behind yet another bank robbery in the Capital Region in recent months, according to Colonie police.

Police arrested him Wednesday night in connection with the March 16 holdup of a Pioneer Savings Bank on Route 7 in Colonie. He wasn’t hard to track down, though, since he had been sitting in Schenectady County Jail since March 20 for allegedly robbing a Trustco Bank in Niskayuna.

In the first arrest, he faced third-degree attempted robbery and fourth-degree attempted grand larceny, both felonies. In Wednesday’s arrest, he faces another felony third-degree robbery charge.

Costello was also accused of being the getaway driver in a Niskayuna bank robbery last year, in which he and alleged Amsterdam jewel thief Ryan J. Braender were both tracked to a nearby street and arrested.

Costello lived in Watervliet last year but has since been evicted.

Colonie police received help in his recent arrest from the Watervliet, Niskayuna and Schenectady police departments, and issued a warrant for his arrest on March 27. The $1,450 in cash stolen in the March 16 robbery was not recovered.

Costello was arraigned in Colonie Justice Court and returned to Schenectady County Jail to await his appearance Monday evening in Colonie Justice Court.

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