Bank Robberies Suspect Pleads Not Guilty, Gets $500k Bond

Bank Robberies Suspect Pleads Not Guilty, Gets $500k Bond

27-year-old Stephen Frazer is accused of robbing 2 LR banks in less than an hour Wednesday morning.
LITTLE ROCK, AR -- The man accused of robbing two banks Wednesday morning has been connected to two other robberies that have occurred since last week.

Steven Frazer, 27, is accused of robbing Summit Bank on North Rodney Parham before robbing Simmons First National Bank on Kavanaugh less than an hour later.

According to the Little Rock Police Department (LRPD), Frazer is also responsible for robbing another Little Rock bank and Walgreens pharmacy since last Wednesday.

LRPD says Frazer walked into Bank of the Ozarks on Nov. 13 and showed the teller a note demanding money. He then took the money and walked out of the bank, heading northbound on Rodney Parham.

On Monday, Frazer walked into the Walgreens pharmacy in the 7000 block of Cantrell and waited several minutes before approaching the pharmacist and handing her a note demanding Hydrocodone and Ambien. The pharmacist complied, and Frazer exited the building and ran westward on Cantrell, according to police.

After surrendering with his attorney present Wednesday night, Frazer entered a guilty plea Thursday morning.

LRPD says he is charged with two additional counts of aggravated robbery and two more counts of theft of property in relation to last week's bank robbery and Monday's pharmacy robbery.

It is currently unclear if Frazer was charged with the additional four counts before appearing in court Thursday morning.

He remains in the Pulaski County Jail on $500,000 bond.
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