$700,000 Heist: One Down, One To Go

Suspect nabbed in check-cashing heist.

One down, one to go.

Two brazen bank robbers made off Friday, on foot, with $700,000 from a check-cashing store in South Philadelphia.

Life on the lam was short for one suspect. 

Harry Jackson got nabbed shortly after midnight on Saturday by the FBI and Philadelphia police.

Jackson and a second suspect, who is still on the run, are accused of holding up an armored car driver inside the check-cashing store on South Randolph Street.

They fled on foot. 

The second suspect is Jeffrey Prout, 20 years old, 6'0" tall, 225 pounds, of North Philadelphia. Police say Jackson stayed outside the check cashing facility while Prout, armed with a handgun, entered and pulled off the heist.

Dunbar, the armored car company, in conjunction with Lloyd's of London insurance, has offered a $40,000 reward for information that leads to the arrest and conviction of the perps and the recovery of the stolen money. Anyone with information is asked to contact either the FBI at 215-418-4000 or the Philadelphia Police Department. Information can be provided anonymously. Prout should be considered armed and dangerous.

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