News Release

David Bernard
Public Relations Associate, Public Relations
320 DuPont Highway
New Castle, DE 19720

The Financial Secrets of a Career Criminal

Former FBI agent reveals how a longtime bank robber stashed his cash

Over the course of three decades, the "Friday Night Bank Robber" stole $2 million from more than 50 banks, evading law enforcement and living off the loot until his 2002 arrest in the Philadelphia suburbs.

Find out how he managed his (illegally obtained) finances and network at a mini job fair for fiscal crimefighters at Wilmington University on Wednesday, November 8.

In "Thirty Years on the Run: How a Bank Robber Laundered His Money," Dr. Raymond Carr, a retired FBI agent who investigated the case, will discuss the methods through which this career criminal disguised the origins of his plundered cash.

By making the funds appear to have been legally earned, the "Friday Night Bank Robber" was able to open bank accounts, pay taxes, and fund investments without raising red flags among the authorities, said Dr. Carr, who teaches criminal justice courses at WilmU.

"Dr. Carr’s presentation will recount one of his toughest cases as an FBI agent and offer the audience a firsthand perspective on financial crimefighting," said assistant professor Lori Sitler, chair of the government and public policy program in the College of Social & Behavioral Science.

The November 8 event, which is free and open to the public, will start at 5 p.m. in the Doberstein Admissions Center auditorium on WilmU's New Castle campus, 320 N. DuPont Highway in New Castle.

Following Dr. Carr's presentation, recruiters from local employers will be on site to network with and interview prospective candidates for anti-money laundering positions with their companies.

"The financial crimes field, and specifically anti-money laundering investigation, is one of the career paths open to students pursuing our compliance certificate," said Sitler.

The six-course compliance certificate program, taught entirely online, offers specialized knowledge in U.S. and global laws, standards, and governance to students seeking careers in banking, government, and healthcare management, as well as to mid-career professionals sharpening their skills in regulated industries or regulatory agencies.

The event is being co-sponsored by the Delaware chapter of the Association of Certified Anti-Money Laundering Specialists (ACAMS), the leading professional organization for those who detect and prevent money laundering, terrorist financing, and other financial crimes.

Anti-money laundering professionals are eligible to earn one continuing education credit from ACAMS for attending Dr. Carr's presentation.

For more information about "Thirty Years on the Run," the mini job fair, or WilmU's compliance certificate program, contact Lori Sitler at at (302) 356-6765 or

About Wilmington University

Wilmington University is a private, non-profit institution committed to providing career-oriented, traditional and online associate, undergraduate, graduate and doctoral degree programs. The Wilmington University difference starts with our flexible, year-round class schedules, full online learning capabilities, and one of the lowest tuitions in the tri-state region. Combined with our intense focus on academic excellence and individualized attention to our students in our degree and certificate programs, the WilmU difference is reflected in our students' achievements and our alumni's successes. For more information, contact Wilmington University at 302-356-INFO (4636), via email at, or visit

Published: Thursday, October 26, 2017 - New Castle, DE