Suspected 'Penny-Pincher Bandit' Believed Killed After North Hollywood Pursuit

NORTH HOLLYWOOD (CBSLA/AP) — A robbery suspect was shot and killed by Los Angeles police after leading officers on a short pursuit.

The Los Angeles Police Department says undercover detectives were investigating a series of robberies Thursday afternoon when they spotted a suspect possibly connected to the crimes.

Police say the suspect led officers on a short pursuit, which ended in North Hollywood. They say at least one officer fired at the suspect, striking him.

The man, whose identity hasn't been released, died at a local hospital. No officers were injured.

The man who was killed is believed to be the Penny-Pincher Bandit, who is wanted for robberies in Canoga Park and Burbank.

A second suspect is in custody.

Police say they are continuing to investigate.

(© Copyright 2017 CBS Broadcasting Inc. All Rights Reserved. The Associated Press contributed to this report.)