Police: Yes, He Did Try to Rob the Bank

Last week, were looking for a man who they thought Now they are convinced that was his intent, after his arrest in Saugus Friday.

On Thursday at about 4:20 p.m., police say Gregory Ferrara, 43, of 127 Marion St., Apt. 222, Boston, walked into the on Route 114 and told the teller he wanted all their money. He allegedly then said he wanted to open an account at that bank, and the teller walked away to talk to another employee. When she returned, Ferrara was gone.

This left police wondering whether or not the man was joking or was serious when he said he wanted the bank's money and was checking the place out. They released photos of the man asking for anyone who could identify him to come forward. That police instinct would later prove spot-on.

As it turns out, last Monday and Tuesday, Ferrara is alleged to have stolen electronics from the Target store in Everett and on the second day allegedly had a knife and threatened the security office who attempted to stop him.

Crash

On Friday, Ferrara was driving his Mustang -- erratically, according to police -- near the Square One Mall in Saugus, and a Saugus Police officer reportedly discovered he had outstanding warrants out of Boston for assault and battery and larceny. When the officer tried to stop him, Ferrara fled in his car and was chased by police onto Route 1 in Chelsea, where his car crashed into two other vehicles after his tire blew out, WBZ reports.

Ferrara reportedly sideswiped one car and rear-ended a pickup truck driven by a Hampton, N.H., veteran. The truck rolled over, and the truck driver's golden retreiver was ejected from the vehicle. The dog was later found and reunited with his owner.

Despite the chaos and wreckage, there were no life-threatening injuries reported.

Ferrara is hospitalized at a Boston hospital awaiting arraignment, North Andover Police Chief Paul Gallagher said. Among the other charges he will face, North Andover Police Detective Robert Barter is charging him with the attempted robbery of the Georgetown Savings Bank.