Straw hat bandit who 'held up two banks' with only a NOTE is revealed to be 'the boss of a collapsed contracting company that owed creditors millions'

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The man who allegedly held up two Perth banks has been revealed as the boss of a collapsed contracting company that reportedly owed creditors millions.

Anthony Joseph Sita, 46, allegedly stole 24,000 from NAB's Innaloo branch last Wednesday using only a note.

He also is accused of unsuccessfully attempting to rob the ANZ in Bull Creek two days later.

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Anthony Joseph Sita, 46 was caught on CCTV robbing two Perth bank branches last week, it is alleged 

Despite claiming in a handwritten note that he was armed, police now believe this was not the case

Mr Sita threatened to kill staff if they did not listen to his demands, it was revealed in court.

In both incidents he wore sunglasses and a hat and informed tellers with a note he was armed with a shotgun, it is alleged.

Police arrested Mr Sita at his home on Tuesday.

He did not apply for bail during an appearance at Perth Magistrates Court, Perth Now reported.

Family members wiped away tears as they left court (Mr Sita is pictured being escorted by police)

Due to the high quality of the vision, police are hoping the two-time thief will be identified

The NAB branch at Innaloo (pictured) in Perth's northern suburbs was first targeted by the thief

Family members wiped away tears as they left court.

Mr Sita was the director at Civils WA, a contracting company that collapsed in 2017, owing creditors millions.

He blamed a construction company for the collapse and was pursuing legal action against them, 9 News reported.

Mr Sita is due to face court again on March 14.

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