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University of Pennsylvania police responded to a robbery call at the TD Bank at 3735 Walnut St. around 2 p.m. on Tuesday.
The staff at the bank told officers the woman, identified as 86-year-old Emily Coakley, demanded $400 while displaying a gun.
Police arrested Coakley without incident and recovered a revolver. Coakley has been charged with aggravated assault, robbery and other related offenses.
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