Man pleads guilty to bank robberies |

Man pleads guilty to bank robberies

A man accused of robbing three South Shore banks pleaded guilty Wednesday.

Meredith Howard Polzel, 52, was scheduled to go to trial Monday on three counts of robbery. Polzel has been held in the El Dorado County Jail ever since his arrest in August. He is facing a possible 24-year prison sentence.

Polzel was arrested in a downtown Truckee motel, after South Lake Tahoe Police tracked him from a false name registration at a South Shore motel. The owner of the motel, thinking a guest matched the robber’s description, contacted police. Polzel used the name Michael Jones to register at the Stateline area motel. He also used Michael Jones at the Truckee motel.

Investigators said Polzel contracted a private hauling company to pick him up minutes after the last robbery on Aug. 24 at the Wells Fargo Bank in the Crescent V Shopping Center.

In each of the three robberies, a man entered the bank, handed a teller a demand note indicating he was armed, and left on foot with the money. The first incident was Aug. 19 at the El Dorado Savings Bank on U.S. Highway 50, four days later U.S. Bank, also located on the highway was robbed, and the next day Wells Fargo became the last strike.

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