updated 11/11/2007 3:11:09 AM ET 2007-11-11T08:11:09

Police say a 70-year-old man told them he tried to solve his financial problems with a grocery bag, bandanna and a 50-year-old handgun that doesn't work.

Instead, Donald Cesare is in the Erie County Prison on federal bank robbery charges stemming from a holdup Thursday at the First National Bank in Millcreek Township.

Authorities say Cesare has no criminal record and immediately apologized for the robbery when they tracked him down based on his description. Cesare also wants to apologize to the teller, police said.

Cesare has applied for a federal public defender. Police said they found a gun and about $6,000 in a bag at his home.

Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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