A former official with Liberty Bank has been arrested in connection with the report of an armed robbery that police say did not happen. 39-year-old Matthew S. Liebheit of the 100 block of Magnolia Drive in Moro was taken into custody on Friday at his home. Liebheit had claimed an armed robbery had occurred at the Bethalto Liberty Bank location the morning of December 13.
Investigators say that was not the case, and the investigation is ongoing. No accounts at the bank have been compromised, according to information provided by the Bethalto Police Department. Also assisting in the investigation are several federal agencies, including the FBI and FDIC. Information about any charges could come as early as next week.