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Bank employee suspected of stealing $4.3 M extradited to U.S.

ANCHORAGE, Alaska – A former Alaska bank employee accused of the charge of $4.3 million in cash on a cart seven years ago and fled with him to Mexico was extradited to the United States.

Gerardo Adan Cazarez Valenzuela, 33, who was known as Gary Cazarez, was extradited after serving time in a prison in Mexico, the chief Prosecutor of the V. S. for Alaska Bryan Schroder announced Wednesday.

Cazarez on Wednesday, was jailed in Anchorage. His attorney, Wayne Fricke of Tacoma, Washington, said Wednesday that he does not want to respond.

Cazarez was 26 years old in 2011, when he worked as a cash vault services manager for KeyBank.

An FBI agent in 2011, the name Cazarez as the robbery suspect based on the bank surveillance equipment, interviews with staff and Cazarez’ recording.

The FBI said Cazarez at 6:39 pm, Sunday, July 29, Friday, went to the cash safe with three computer-size boxes on a rolling cart. He appeared to be safe, light, and filled the boxes with cash, according to a researcher.

Sixteen minutes later, he was taken to push the boxes and a computer bag from the safe. He loaded the boxes into a vehicle and was spotted in return of the cart at the checkout, safe deposit box room.

The prosecutors said Cazarez drove to his house, transferred the money to duffel bag suitcases and drove to Ted Stevens Anchorage International Airport. With his girlfriend, who was not charged, Cazarez on board a private charter and flew to Seattle, prosecutors said.

In Seattle, Cazarez bought an AK-47 rifle, a pistol and ammunition for $4,000, according to the FBI. The next day, the couple bought a used compact car from a dealer in Auburn, Washington, and drove south. Their destination was the home of Cazarez uncle in the Mexican state of Sonora.

After reaching Tijuana, the couple left the car and continued south on a bus, prosecutors said. However, at a checkpoint, Mexico, authorities inspected their bags and found weapons, ammunition and about $3.8 million, according to the FBI in 2011.

Back in Anchorage, Cazarez had not shown up for work. Bank officials repeated attempts to open the cash safe that is Monday, but could not because it was closed. When the door was finally opened this afternoon, of the employees of the bank discovered that large amounts were missing.

Cazarez if convicted faces a maximum sentence of 30 years imprisonment and a fine of $1 million, prosecutors said Wednesday.

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