A gunman wearing a suit who passed himself off as an FBI agent walked out of a 23rd and Jackson business with nearly $130,000 in cash in a heist pulled off last Wednesday night.

According to the SPD report on the incident, a worker at the unidentified “bank/savings and loan” was closing up for the night around 7 PM when the suspect knocked on a metal security gate, showed a badge, and said he was “FBI.” Once he was let in past the security gate, the phony agent told the worker he had conducted a “bad transaction” and asked to see the records for the day. “(The victim) pulled up his transaction record on the computer as S1 looked on,” the report reads.

The victim “was suspicious of S1 and asked to see proof of what he was there for. S1 produced a piece of paper titled ‘Search Warrant.'” The victim made a copy of the warrant and the fake agent then asked to see some boxes in the back behind another security gate. As the victim complied but began to grow more suspicious and question the agent, the suspect pulled a pistol and demanded the victim open the safe. Inside was $128,259.10 in cash, according to the SPD report.

The fake agent scooped up the cash and the computer the worker used to review the transaction log from the video surveillance system, threw it all in a black backpack, and then closed the metal gate to the back of the business, put on a pair of gloves, and took a lock from his backpack, placed it on the gate, and locked the victim inside.

At some point, a friend of the victim happened to stop by and knocked on the outer door. He told police the man in the suit answered and told him to come back in 10 minutes. He waited outside and said the suspect emerged a few minutes later, walking southbound through the parking lot, leaving on S. King. The friend then knocked again and the trapped employee was able to remotely unlock the outer door. The friend broke the security cage and freed the trapped worker. By the time police arrived, the suspect had been gone for around 15 minutes.

According to the report, the suspect may have cased the place the night before on January 24th. That night also around closing time, another employee said a man knocked on the gate and asked if they cashed checks. The employee told him they did not and the man left. He was described as a white male, around 35 with a muscular build, wearing a black beanie, a black zip-up hooded sweatshirt and jeans, and carrying a black cinch-type backpack.

UPDATE 2/2/17: A person familiar with the investigation tells CHS the business that was robbed is Red Sea Finance, a provider of financial services including money wiring. In 2012, a business with the same name was involved in a federal money wiring case in which a manager was alleged to have been part of illegally sending funds to Sudan. In 2013, the main charges in the case were dropped and the Red Sea manager received a deferred prosecution.