Serial Robbers Target Payday Loan Stores

Payday loan robbers abound

Surveillance cameras are a good investment for payday loan stores.

Surveillance cameras are a good investment for payday loan stores.

The payday loan police have been pretty busy lately, tracking down and locking up men who are suspected of robbing multiple businesses, including several payday loan stores. Obviously, they weren’t there to get easy loans for bad credit.

The first payday loan store robbery story I have for you comes out of Indiana, where a man is accused of robbing a shocking number of payday loan stores.


Police said they have arrested a man suspected of robbing 16 payday loan stores in Illinois and Indiana during the past four months.

Lewis Gilbert III, 45, of Schererville, was taken into custody Monday at his girlfriend’s Hammond home, but he wasn’t immediately jailed because he fell ill during questioning and was hospitalized. He was charged Tuesday with one count of robbery and he faces additional charges.

According to police, Gilbert robbed five stores in Indiana — including stores in Lake, Porter, LaPorte and St. Joseph counties — and 11 in Illinois. Valparaiso police Detective Dan Koepke estimated about $30,000 was taken during the robbery spree. He must have taken the idea of a paycheck advance near you all wrong…

What took you so long?

Sheesh, this guy robbed 16 stores before police caught him? There must be some kind of issue up there in Indiana. Perhaps the payday loan stores need to beef up their security. And it wouldn’t hurt for the police to be a tad more diligent, methinks.

But wait, that’s not all! I have more payday loan store robbery mayhem for you. This next story takes place in Wichita, Kansas.

From the Wichita Eagle:

Wichita police have issued an arrest warrant for a second man linked to a series of robberies this summer.

Police say Lloyd Preston Adams, 36, is a suspect in recent robberies of at least two cash advance businesses — including the Loan Smart at 1716 E. Central on July 28.

A 31-year-old man was arrested Friday morning in connection with the case, police have said.

Investigators say the two men may be responsible for the robberies of six payday loan businesses, one restaurant and four motels between April 19 and July 28.

Serious serials

So these guys didn’t allegedly rob 16 different places like Gilbert, but they still have gotten away with quite a bit, if they are, in fact, the perpetrators.

Well, those two stories have a little bit of light at the end of the tunnel, in that at least one person has been caught in both cases. Police investigating a recent payday loan store robbery in Arizona haven’t been so lucky yet.


Authorities say police are investigating an armed robbery at a Tempe payday loan store on Wednesday afternoon.

According to Tempe Police spokesman Scott Smith, two armed men walked into Cool Cash, near McClintock Drive and Guadalupe Road, about 2 p.m., where they demanded cash from a clerk.

They were described as Hispanic males, 5 feet 6 inches tall and 155 pounds, wearing dark shirts.

It was unclear how much money the suspects took during the robbery.

Smith said no one was hurt.