East Orange Man Arrested & Charged With Armed Robbery of Investors Bank

Photo credit: Camden County Prosecutor’s Office

An East Orange man has been arrested and charged with the armed robbery of the Investors Bank in Cherry Hill that occurred on December 22, 2022, reported Camden County Prosecutor Grace C. MacAulay and Cherry Hill Police Chief Robert Kempf.

William Ray, 42 of East Orange, is accused of entering the Investors Bank at 1951 Route 70 in Cherry Hill at approximately 4:43 p.m. on December 22, 2022 and holding the employees at gunpoint. Ray then allegedly attempted to lock the employees in a vault before fleeing with more than $76,000 in cash.

On December 30, 2022, at approximately 6:00 a.m., detectives of the Camden County Prosecutor’s Office Major Crimes Unit, along with detectives from Camden County Prosecutor’s Office Crime Scene Unit, Cherry Hill Police Department, Moorestown Police Department, East Orange Police Department, Newark Police Department’s Emergency Services Unit, and Federal Bureau of Investigation, executed a search warrant at Ray’s residence in East Orange, New Jersey.

Following the execution of the search warrant, Ray was charged on December 30 and was wanted on the following offenses:

1. Two counts of 1st-degree Robbery
2. One count of 2nd-degree Possession of a Weapon for an Unlawful Purpose
3. One count of 2nd degree Unlawful Possession of a Weapon
4. One count of 2nd degree Certain Persons not to have Weapons
5. Two counts of 4th degree Aggravated Assault

Following further investigation by detectives of the Camden County Prosecutor’s Office Major Crimes Unit and the Cherry Hill Police Department, Ray was located and arrested today, at approximately 7:30 a.m., in Passaic by members of the U.S. Marshals Service New York/New Jersey Regional Fugitive Task Force – Camden Division and Newark Division.

Ray is currently in custody at the Camden County Correctional Facility.

All individuals charged with crimes are presumed innocent until proven otherwise in a court of law.