"Holiday Bandit" Pleads Guilty

The elusive Ukranian-born "Holiday Bandit" who officials believe robbed at least nine banks in the tri-state area during last year's holiday season pleaded guilty before a judge today.

By Jonathan Dienst
|  Thursday, Oct 13, 2011  |  Updated 5:19 PM EDT
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Marat Mikhaylich is believed to have robbed at least nine banks in the tri-state area since last year's holiday season.

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The elusive Ukranian-born "Holiday Bandit" who officials believe robbed at least nine banks in the tri-state area during last year's holiday season pleaded guilty before a judge today.

Mirat Mikhaylich appeared before Magistrate Judge Robert Levy this afternoon. He was arrested in Queens in March after eluding authorities for months.

Officials believe he amassed an estimated $80,000 in a series of holiday-season heists. In one robbery, the 6-foot-5, 210-pound thief even managed to vanish as cops arrived and helicopters searched from above.

Investigators found Mikhaylich after a 2007 Gold Toyota Camry, believed to be stolen by the suspect a day earlier, was found on 91st Avenue in Queens.

Officials believe Mikhaylich was on his way to rob another bank because they found a print-out of directions from his apartment in Jamaica to a Sovereign Bank he'd hit one time before, authorities familiar with the investigation said.

At the time, FBI Assistant Director in Charge Janice K. Fedarcyk said the arrest "should serve as a stark reminder to anyone who wishes to brandish a weapon, rob a bank and put the lives of innocent civilians at risk: we will find you and bring you to justice."

Investigators said Mikhaylich - who they believe is a heroin user - was arrested a day after robbing another bank in Edison, N.J.

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Posted Oct 13, 2011
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