The following was released Tuesday by the Bay County Sheriff’s Office:

Suspects in Armed Robbery Identified

The two men that are suspected of robbing People’s First Bank on Front Beach Road, Panama City Beach, have been identified.

Terrell Musgrove, DOB 1/20/60, of Leesburg, Georgia and his brother, David Musgrove, DOB 6/5/63, of Albany, Georgia, are currently at a local hospital receiving medical treatment after crashing their vehicle into a power pole on Hwy 231, ending a pursuit that began on Laird Avenue just minutes after they allegedly robbed the bank.

Investigators believe David Musgrove entered the bank alone wearing a wig, sunglasses, and a large hat. He carried a handgun and robbed the bank while Terrell waited outside in a vehicle.

A witness to the robbery followed the two suspects to Laird Avenue on Panama City Beach and saw the two men switch vehicles. David Musgrove is believed to have fired at the witness. A patrol car drove up to the scene and the witness told the deputy the two had just robbed the bank and changed vehicles. The pursuit began and ended 28 minutes later on Hwy 231.

Terrell Musgrove, in stable condition, is expected to be released tomorrow and will face charges of Principle to Armed Robbery and Felony Fleeing and Eluding. David Musgrove, in serious condition, will be charged with Armed Robbery when he is released. Additional charges are expected.

-30-

Prepared by R. Corley

Information by Inv. D. Johnson

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Update: Armed Robbery Suspects Identified
01/06/09 - 11:48 AM
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A pursuit by the Bay County Sheriff’s Office is over after the suspects crash.

The Bay County Sheriff’s Office says it started after an armed robbery at Peoples First Bank on Front Beach Road.  Authorities say shots were fired at the bank.  No one was injured.  They also say the suspects made off with an undisclosed amount of cash.

The chase continued at speeds in excess of 100 miles per hour from Front Beach Road all the way to Highway 231. The suspects’ vehicle rolled over three times just north of Highway 20.  The suspects are being transported to the hospital by ambulance.

Sheriff Frank McKiethen was involved in the pursuit from the Lynn Haven area to the end of the chase.

The Florida Highway Patrol is currently investigating the accident.  According to their website, all lanes are closed in the area. 

We’ll have more information when it becomes available.

**The following was released by the Bay County Sheriff’s Office**

“January 06, 2009 Ruth Corley, PAS

For Immediate Release 747-4700, ext. 2117

Pursuit of Beach Bank Robbers Ends on Hwy 231

In just over 20 minutes, Bay County Sheriff’s Office deputies began and ended the pursuit of two male suspects in the armed robbery of People’s First Bank at 9001 Front Beach Road.

At 11:20 this morning, two men entered People’s First Bank armed with a handgun. They robbed the bank and fled in what was described as a cream or yellow colored vehicle. Shortly after leaving the bank, in the area of Laird Avenue, the two men were spotted by a witness changing vehicles to a white truck. One of the suspects fired a handgun at the witness. At this point, a BCSO patrol car pulled up and the deputy was informed by the witness that the two men had just robbed a bank and were now driving a white truck.

BCSO deputies initiated a pursuit which led over the Hathaway Bridge. The suspects turned left onto Frankford Avenue. They then turned onto Hwy 390 and followed it through Lynn Haven to Hwy 231 where they turned north.

The Bay County Sheriff’s Office Air Unit was utilized to assist in the pursuit. Spike strips were attempted several times during the pursuit, but each time the suspects were able to avoid them.

At about 11:28 am, when the pursuit entered an area of Hwy 231 where there was no other traffic, a Pursuit Intervention Technique or PIT Maneuver was employed. The driver of the white truck lost control and crossed the southbound lanes of Hwy 231 and left the roadway, crashing into a power pole just south of Hwy 20.

One of the suspects exited the truck, the other had to be extracted. Both men have been taken to a local hospital. The suspects have not yet been identified. A handgun was found on one of the suspects and an undetermined amount of cash was discovered in the back seat of the truck.”