Alleged Huntington Bank armed robber is local transient


By Elisabeth Waldon • Last Updated 7:09 pm on Tuesday, February 14, 2012

Reuben Dean Olson III was booked in the Montcalm County Jail in Stanton on Friday, when this mugshot was taken.

GRAND RAPIDS – The man who allegedly robbed Greenville’s Huntington Bank at gunpoint has a local criminal record and has lived a transient life throughout Montcalm County since he was a child.

Reuben Dean Olson III, 22, was arrested Feb. 1 at his girlfriend’s home in Shepard. He was arraigned and charged with armed bank robbery Friday in U.S. District Court for the Western District of Michigan in Grand Rapids.
An anonymous tip led to Olson’s capture, according to Benjamin Slizewski, a special agent with the FBI.

Robbed at gunpoint


The Huntington Bank in downtown Greenville was robbed at 10:34 a.m. Nov. 9.

Olson allegedly entered the bank’s west door, vaulted the teller counter and approached a female teller. Olson verbally threatened her, putting a semiautomatic pistol to the back of her head. He demanded the teller open her drawer, however, the drawer was locked and the teller could not open it.

Olson then approached another female teller and had her open her drawer. Olson stole the contents of her drawer, then returned to the first teller, who had by then unlocked and opened her drawer. Olson stole the contents of that drawer as well.

Olson then kicked open the door to the teller line, breaking it off its hinges, and left the bank via the main doors, located on the east side of the bank. As Olson was running to the bank’s door, several stolen bills fell from his person. He was last seen running east across Lafayette Street.

Olson allegedly stole $2,761 from the bank. Huntington Bank is federally insured by the Federal Deposit Insurance Corp.

Failed polygraph
When officers located Olson at his girlfriend’s house in Isabella County almost three months later, Olson told officers he had not robbed Huntington Bank and agreed to take a polygraph test to prove his innocence.

Brad Beyers, a polygraph examiner special agent with the FBI, administered a test to Olson at the Greenville Department of Public Safety on Feb. 9. Olson was asked if he had robbed the bank or participated in the robbery. The polygraph indicated Olson was deceptive in his answers.

After Olson failed the test, Bayer interrogated him further. Olson allegedly admitted he had been lying and that he had robbed the bank. Olson allegedly provided Bayer with a signed written statement admitting his involvement. He provided details of the robbery, including the clothes and boots he wore and the handgun he used.

However, following the interrogation, Olson recanted his confession. He was then taken to the Montcalm County Jail in Stanton and placed into federal custody.

Olson was arraigned Friday and is scheduled for a second court appearance Wednesday morning. Rhona Taylor of Grand Rapids was appointed as his defense attorney. She did not return a message seeking comment.

Reuben Dean Olson III

Troubled youth
Olson’s criminal history extends back almost a decade when was first arrested at age 14, according to 8th Judicial Circuit Court documents.

Olson and five others broke into Crystal Elementary School in Crystal Township in December 2006, when Olson was 17 years old. He was arrested in May 2007.

The breaking and entering charge was eventually dismissed when Olson agreed to plead guilty to larceny in a building. He admitted to stealing a laptop, school supplies and vending machine items.

Olson was sentenced in July 2007 to 29 days in the Montcalm County Jail, along with $1,800 in restitution to Crystal Elementary School.

When Olson was arrested for the school break-in, he was living in St. Louis. While he was on probation during the next three years, his address changed from Crystal to Vestaburg to Pine Point Adult Foster Care in Riverdale to Vestaburg again and finally to Greenville.

Olson violated his probation numerous times from 2007 to 2010 and was sent to jail several times for the probation violations.

He was “unsuccessfully discharged” from probation in September 2010 due to “unwillingness to cooperate with Mental Health Court directives.”

Olson’s last known address was an apartment on Franklin Street in Greenville – just a few blocks southeast of Huntington Bank.

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