Bank robbery suspect's bond set at $125,000

NORTH CHARLESTON, SC (WCSC) - A judge set bond at $125,000 over the weekend for a man accused of robbing a downtown Charleston bank Friday.

According to Charleston police, the suspect was arrested after he crashed his getaway car 20 minutes after robbing the First Reliance Bank on Cumberland Street.

Charleston police charged 48-year-old Pelzer Tracey Quarles of North Charleston with entering a bank with intent to steal. Quarles' bond amount was set at $125,000 for entering a bank with intent to steal and failing to stop for blue lights.

The bank was robbed at 9:38 a.m. The suspect entered the bank and demanded money from a teller.

The suspect then fled the bank in his getaway car with more than $1,000 in his possession. A description of the vehicle was then broadcast to local police agencies.  A GPS tracking device on the money from the bank allowed authorities to keep track of the suspect's location.

Police say the suspect wrecked the car he was driving near Azalea and Cosgrove Avenue. The suspect was arrested a short time later, around 10 a.m., by North Charleston police.

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