New Milford police are searching for a man who allegedly committed a bank robbery.

The theft incident occurred around 9:40 a.m. According to law enforcement, the suspect had a painted-on beard when he entered the Hudson City Savings Bank located on River Road in New Milford, New Jersey.

Once the suspect was inside the building, he allegedly approached a teller and handed her a note demanding cash. The suspect got nearly $5,000 and placed it in a shopping bag before exiting the bank.

New Milford police officers were dispatched to the bank and conducted a search for the suspect; however, they were unable to locate him. The suspect was last seen heading eastbound in the borough.

The New Milford Police Department has released a description of the suspect. The robber is described as a 28-year-old male standing 5-foot-5 and with an average build. At the time of the bank robbery, he was wearing a green cardigan sweater, tan shirt, khaki pants, and light blue-tinted prescription glasses.

If the suspect is eventually identified and captured, he would face severe penalties. As set forth by N.J.S.A. 2C:15-1, robbery is ordinarily classified as a second degree felony. A conviction on second degree robbery charges could lead to a sentence of 5-10 years in New Jersey State Prison.

Members of the public with information about the suspect or the theft incident should contact New Milford police at 201-261-1400.

For additional information about this case, check out the NJ.com article entitled “Robber with Painted-on Beard Steals Nearly $5K from Bank, Police Say.”