Hilarious :Colorado bank robber throws cash in air, shouting 'Merry Christmas'

David Wayne Oliver, 65, was arrested for allegedly robbing a Colorado Springs bank before throwing the stolen cash in the air
Bystanders claim he shouted 'Merry Christmas' as he hurled the cash
Police said thousands of dollars remain unaccounted for, although it is not clear how much money was taken
Oliver is expected to make his first court appearance on Thursday

David Wayne Oliver, 65, is accused robbing a Colorado Springs bank and then shouting 'Merry Christmas' while throwing cash in the air

A man who allegedly robbed a Colorado bank and then threw the stolen cash into the air while shouting, 'Merry Christmas' to passersby has been arrested.

David Wayne Oliver, 65, was found by cops while sitting at a nearby Starbucks coffee shop after he allegedly held up the Academy Bank in Colorado Springs on Monday afternoon.

Police said he had 'threatened the use of a weapon' and left the bank with an undisclosed amount of cash.

A police spokesperson could not immediately be reached for comment, but Colorado Springs television station KKTV reported that eyewitness Dion Pascale recounted Oliver stepped outside the bank and tossed the money 'all over the place.'

'He started throwing money out of the bag' before yelling, 'Merry Christmas,' the TV station quoted Pascale as saying.