A homeless man arrested following a robbery Thursday morning at the Wailea branch of First Hawaiian Bank had his bail reduced to $15,000 after being charged with second-degree theft in the incident.
Police had charged Michael Flocco, 33, with second-degree robbery of the bank and set his bail at $20,000.
After reviewing evidence in the case, the prosecutor's office Friday instead charged Flocco with second-degree theft, saying there didn't appear to be the use of force or the threat of force in the incident.
MICHAEL FLOCCO, bail lowered to $15,000
No weapon was seen when a man entered the bank branch at 161 Wailea Iki Place at about 9 a.m. Thursday and approached a teller with a note saying, "Put as much money in the bag as you can."
The robber fled with an undisclosed amount of cash and was seen operating a silver moped headed west down Wailea Iki Drive.
At 10:30 a.m., Kihei patrol officers checking the Wailea and Makena area located the moped parked fronting the "White Rock" beach area off Old Makena Road near Polo Beach Club. Flocco was found in brush along the shoulder of Makena Road and arrested, according to police.
In a search of Flocco's moped and property, police reported finding $1,880, including $1,550 that was confirmed to have been stolen in the robbery.
Flocco, who is from Pennsylvania, reported having no residence, job or family on Maui.